A challenger appears: making gov't smaller

Started by Travis Retriever, January 12, 2010, 07:53:04 PM

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http://mises.org/daily/633 ("A $21 Trillion Tax Cut" by James Ostrowski)
"When the mob and the press and the whole world tell you to move, your job is to plant yourself like a tree beside the river of truth, and tell the whole world—'No. You move.'"
-Captain America, Amazing Spider-Man 537

I like a lot of his points, especially the concise way he points out way private institutions are better than their public counterparts.
I am not too fond of his idea that we shouldn't pay back any of our national debt (hinted at with his point about interest).
Last time I checked, I don't recall the people having the choice of whether or not to loan the government the money or not (for domestic debt at least).
"When the mob and the press and the whole world tell you to move, your job is to plant yourself like a tree beside the river of truth, and tell the whole world—'No. You move.'"
-Captain America, Amazing Spider-Man 537

Most of the national debt is truly owed by people who aren't with us anymore so it's kind of a wash all around.  It's common sense that more countries should follow: don't lend to people with bad credit.
I recently heard that the word heretic is derived from the greek work heriticos which means "able to choose"
The more you know...

Quote from: Lord T Hawkeye on January 17, 2010, 12:32:35 AMDon't lend to people with bad credit.
Or more accurately, don't lend to governments with bad credit. :P
"When the mob and the press and the whole world tell you to move, your job is to plant yourself like a tree beside the river of truth, and tell the whole world—'No. You move.'"
-Captain America, Amazing Spider-Man 537