Archive for the Uncategorized Category

More on Guns

Posted in For Free Trade, Uncategorized with tags , , , , on January 8, 2016 by cavalier973

I heard snippets of some speech that Pres. Obama was giving, in which he stated something to the effect of: “There are many responsible gun owners who like to go hunting and go to the shooting range, but inner city folk have an entirely different experience when it comes to guns.”

Well, the 2nd Amendment wasn’t put in there for hunters, Mr. President. It was understood that personal possession of firearms was an element of national defense, hence the reference to militias. According to Federal policy, the national militia consists of every able-bodied man between certain ages (I think 18 and 45). Therefore, it is imperative that each able-bodied man possess a firearm.

The best national defense is an armed populace.

Furthermore, it is “the right of the people” to keep and bear arms. This is an inherent right; it is not granted by the Constitution. The Constitution prohibits the Federal Government from infringing on a right that the people already have.

Ted Cruz in the Senate

Posted in For Free Trade, For God, Uncategorized with tags , , , , on January 4, 2016 by cavalier973

This is from this past September. He is talking about the GOP Leadership betraying its constituents.

 

 

 

On Denying Reality

Posted in For Free Trade, For God, Uncategorized with tags , on December 26, 2015 by cavalier973

William Briggs discusses the problem here.

Lew and Tom on the 5th GOP Debate

Posted in For Free Trade, Uncategorized with tags , on December 21, 2015 by cavalier973

 

It’s important to remember that war, even if it is necessary, is the most anti-free market activity in which a nation can engage.

Income Taxes Video

Posted in Uncategorized on December 11, 2015 by cavalier973

The most boring blog post title in the world.

However, the video is entertaining; it’s from a couple of years ago:

Trump’s Tax

Posted in For Free Trade, Uncategorized with tags , , , on December 11, 2015 by cavalier973

From Donald Trump’s Website:

 

  1.  If you are single and earn less than $25,000, or married and jointly earn less than $50,000, you will not owe any income tax. That removes nearly 75 million households – over 50% – from the income tax rolls. They get a new one page form to send the IRS saying, “I win,” those who would otherwise owe income taxes will save an average of nearly $1,000 each.

That’s actually pretty good. I wonder what his plan is for elements of the tax code such as the Child Tax Credit.

Here’s the next part:

2. All other Americans will get a simpler tax code with four brackets – 0%, 10%, 20% and 25% – instead of the current seven. This new tax code eliminates the marriage penalty and the Alternative Minimum Tax (AMT) while providing the lowest tax rate since before World War II.

This is also fairly good. Much of the tax burden, as I understand it, is the cost of compliance.

He also wants to reduce the corporate tax rate to 15%, and eliminate the death tax.

I disagree with Trump about trade, but his tax plan looks appealing. I guess I’m going to have to look at other candidates’ websites, now.

 

Trump’s Trade

Posted in For Free Trade, Uncategorized with tags , , , , on December 11, 2015 by cavalier973

From Trump’s website:

America has always been a trading nation. Under the Trump administration trade will flourish. However, for free trade to bring prosperity to America, it must also be fair trade. Our goal is not protectionism but accountability. America fully opened its markets to China but China has not reciprocated. Its Great Wall of Protectionism uses unlawful tariff and non-tariff barriers to keep American companies out of China and to tilt the playing field in their favor.

If you give American workers a level playing field, they will win. At its heart, this plan is a negotiating strategy to bring fairness to our trade with China. The results will be huge for American businesses and workers. Jobs and factories will stop moving offshore and instead stay here at home. The economy will boom.

 

His plan for “leveling the playing field” follows (click the link for more info).

A couple of interesting points I note from his plan: He complains about China being a “currency manipulator”, and further complains about China subsidizing its exports.

In other words, he’s mad that the Chinese are pursuing the (false) path of economic nationalism that he himself favors for the U.S.

I do like his idea of reducing the corporate tax rate to 15%. The corporate tax rate should be 0%, because corporations don’t actually pay taxes–the money that corporations send to Washington every April 15 is actually collected from the corporations’ employees, customers, and owners.

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