Rethinking the Auto Bailout

Attackdonkey — Mon, 15 Dec 2008 18:33:00 GMT

I certainly agree with all who were against the bank bailout, as the banks work hand in hand with the Fed to create inflation and rob us of our money, but the auto industry is not in the same boat as the banking industry.

In practice I am in favor of a Federal bailout of the American Auto industry though I would approach it from a different angle. What I am in favor of is not a bailout, but retribution. I can only imagine how much the Federal government has taken from the big three car makers in the form of taxes since he inception of the coorporate income tax, and I don't have a problem with theif giving his victim back his rightull belongings, infact I believe Justice demands it!

The federal government should repay to the car makers their tax money from the last several years or even decades, agree not to tax them anymore, stop the regulations they have on the Auto industry, prohibit state regulation of the industry and their labor restrictions, and stop inflating the money supply both by the Fed and the fractional reserve banking system.

I shared the first point of my plan with a statist coworker and he said that would be fine except that as soon as Ford and GM got their tax money back, other people would want their money back, and if the car companies were exempted from paying taxes, everyone else would want the same treatment. He went on and on and I was never able to layout the rest of my plan, but this in and of itself is a good first step, and the retort he gave as a reason not to do it, I hold as a great reason to do it.

To see the tax money as one's own money, and not the government's is a great first step, and we have an oppurtunity to do it here.

A tenate of Liberty

Attackdonkey — Sun, 23 Mar 2008 06:52:00 GMT

this is a response to one of my more moderate friends in a private message. I thought it to be worthy of general publication, so here is a short excerpt.

One of the main tenants of my philosophy is that we do not have positive rights but only negative rights. Not the right to have food, medicine or shelter, but the right not to be assaulted, murdered, robbed, trespassed against or kidnapped and confined. these restrictions are not just restrictions against other individuals like the common criminal, but also the state. the state can not rob me of my gun (2nd amendment) they can not imprison me for something I have written or said, or for my religious convictions or who I choose to keep company with (1st amendment) they can not invade my home to house soldiers (3rd amendment) nor can they tresspass or steal things from me (4th amendment [without warrant] ) and so on... but whether I eat or not, that is more or less up to me, and the tender hearts of my neighbors family and friends.

Attackdonkey : justice, liberty

Rethinking the Auto Bailout

A tenate of Liberty