patrick.net

Troy says

Washington himself was a surveyor-speculator. Land speculation bankrupted the financier of the revolution, Robert Morris, who spent years rotting in a debtors prison at the turn of the century. Daniel Boone was ruined financially speculating in Kentucky land, eventually prompting him to move to Missouri.

Not that I really wish to go down this road (we are discussing the "health care" boondogle in this thread in case you need reminding), but how do you presume to say that "rentiers" get something for nothing and in the same thread you tell of would be rentiers who lost everything? Extreme risk buying land maybe huh? Maybe that risk deserves a reward now and then? Something for nothing? I think not. Next thing you know Troy will be saying that farmers should pay tax on 75% of their crops because they get something for nothing. All they do is put seed in the ground and wait 4 months. Lazy rich bastards. Then they have the audacity to SELL their food for a profit. What scum.

Does the brain know what the hands are typing?

AdHominem says

n case you need reminding

you were one who brought up the founding fathers as freedom fighter heroes and why they fought for independence. They fought for independence, and promptly established a federal government to oversee interstate commerce, defense, and economic development. The Federalists and Democratic-Republicans were having these same debates about the proper level of government interference in the market, and the Federalists basically won. This is a dodge anyway, since the several states had plenary power to enact any freedom-limiting laws they wanted to.

The founding fathers did not set down to establish the Libertarian Paradise. They gaves us the Federal Constitutional Republic we still have now. Franklin's quip ". . . a Republic, if you can keep it!" wasn't directed at loss of liberty from below, but loss of liberty from wealthy interests.

Maybe that risk deserves a reward now and then?

Just because there is risk in buying land usage rights doesn't mean this economic activity doesn't boil down to legalized theft of the commons. John Dillinger didn't deserve any rewards for the risks he was taking robbing banks.

To judge the worthiness of return to capital, one must see what has been produced with that capital. To the extent land titles facilitate construction, then they are not entirely a societal evil, but there are other ways to secure fixed improvements without yielding the ground rents to the landlord. Thomas Paine was a pioneer in this line of thought, as was, I assume, your patron saints Adam Smith and John Locke.

IF WE ONLY HAD HIGHER TAXES WE ALL WOULD BE FREE.

Sounds good to me. Lower taxes just leave more on the table for those who enjoy pricing power to grab. The success of the high tax regimes of the Eurosocialists demostrate that, in the end, all taxes come out of rents. And we have a LOT of rents being extracted from the actual producers of the present economy.

Troy, I am a happy renter. I am content not to own property. Let someone else take the risk and the upkeep. If they are willing to let me use their place then more power to both of us. That is of the benefits of "rentierism." I believe if you examine it closer you will find that it is often a win-win situation. The only time it becomes a problem is when the rentier forces you to pay them (or uses the government to force you to pay them). This is tyranny.

Troy says

legalized theft of the commons

sounds like some communal bs to me

Private property is one of the foundations of a free society.

AdHominem says

sounds like some communal bs to me

yeah, until late 2003 I thought the world could be only divided into minarchy and socialism, both with their apparent flaws. Finding Georgism, a third way, was quite eye-opening.

Private property is one of the foundations of a free society.

Indeed! However, when there's no more land free for the taking, there's going to be a . . . loss of freedom suffered by somebody -- namely, by the renters to the rentiers.

"A right of property in movable things is admitted before the establishment of government. A separate property in lands not till after that establishment.... " -- Thomas Jefferson

"Men did not make the earth.... It is the value of the improvement only, and not the earth itself, that is individual property.... Every proprietor owes to the community a ground rent for the land which he holds." -- Thomas Paine

"Ground rents are a species of revenue which the owner, in many cases, enjoys without any care or attention of his own. Ground rents are, therefore, perhaps a species of revenue which can best bear to have a peculiar tax imposed upon them." -- Adam Smith

"I've run into tons of situations were I think the Single-Tax theory would be applicable. We should remember also this about Henry George, he was sort of co-opted by the socialists in the 20s and the 30s, but he was not one at all. Alfred J. Nock's book on him makes that plain. Plus, also, he believes in only that tax. He believes in zero income tax. " -- William F Buckley

"In my opinion, the least bad tax is the property tax on the unimproved value of land, the Henry George argument of many, many years ago." -- Milton Friedman

buncha communists there, LOL

One more:

"The Government should at once construct, own, and operate the railways in Alaska. The Government should keep the [ownership] of all the coal-fields and allow them to be operated by lessees with the condition in the lease that non-use shall operate as a forfeit. Telegraph lines should be operated as the railways are. Moreover, it would be well in Alaska to try a system of land taxation which will, so far as possible, remove all the burdens from those who actually use the land, whether for building or for agricultural purposes, and will operate against any man who holds the land for speculation, or derives an income from it based, not on his own exertions, but on the increase in value due to activities not his own." -- The Communist secret agent elected the 26th President

And you clowns have the temerity to call Obama a leftist!

I have temerity? wow

Apologies for the tone. I just get so pissed off writing these defenses of centrist liberalism against really historically ignorant and deeply flawed criticisms and outright repetitions of demagoguery that waft through the corporate press (WSJ/FOXNEWS/ABC) and think tank nexus (Heritage/AEI/Manhattan/Hoover).

Progressive politics *is* centrist politics. Theodore Roosevelt finished second in the race of 2012, running against the somewhat conservative Wilson and the very conservative Taft. Debs, the actual, bona-fide leftist, finished fourth.

Troy says

And you clowns have the temerity to call Obama a leftist!

Actually this BOZO would refer to him as a socialist.

Troy, you might find this interesting. http://www.groundswellusa.org/kyri7802.htm

When it comes to rising property values, in areas where population is sparse, most of the increase in price is nominal only. If the value of money were constant, price would also be relatively constant.

That is why I see the FED and its manipulation of the value and supply of money as the greater threat to freedom. Of course the FED only makes bankers more powerful than they already were. Without the fed, we would still have to deal with the bankers and landowners as you put it. But they are much easier to deal with than legalized counterfeiting which goes on at the FED. In addition to the FED's inflationary policieis, fractional reserve banking drives up the nominal value of land as well (really fractional reserve banking is another form of counterfeiting).

AdHominem says

Actually this BOZO would refer to him as a socialist.

And you would be incorrect. Obama is more closely aligned with the University of Chicago school than Eugene Debs and the Wobblies.

http://www.iseff.com/post/50901421/obamas-economics-and-his-background-from-the

I think Obama fits squarely in the Progressive mold of Theodore Roosevelt. Socialism goes too far to the left -- it is responsible for much of the organized stupidity and mass lethality of the 20th century. Laissez Faire goes to far in the other direction, allowing wealth to trammel everything in its path and loot everything with abandon -- for a recent example one need to just look at the twin lootings accomplished by the first S&L crisis of the 80s and its sequel this decade.

Troy, you might find this interesting. http://www.groundswellusa.org/kyri7802.htm

This: "Another way Georgism can help a Libertarian campaign is by saying we won't need big government as much when we have community collection of ground rent." from the above link is the take-away for me. I am left-libertarian, and like the Progressives, only desire the amount of government that is needed to keep the playing field level for all. I'd like to think community collection of ground rents (to partially fund non-profit local services like parks, libraries, mass transit, lifelong education, medical services, daycare) would be sufficient for this, but I have my doubts. It would certainly be a good start, though.

Troy says

community collection of ground rents

ah yes, the first plank in the communist manifesto.

Troy says

twin lootings accomplished by the first S&L crisis of the 80s and its sequel this decade.

You can thank the FED (its private investors) and their paid off politicians in Congress for that.

AdHominem says

ah yes, the first plank in the communist manifesto.

yes, but that's the end of its cooption by the communist totalitarians. Georgism is generally anarchist in character and attracted minds like Samuel Clemens and Leo Tolstoy as ardent supporters. The community collection of rents is also not a particularly radical proposal:

"Would it be better if we had more taxation of land and natural resource, and more revenue from natural resource management, and I would include atmosphere and spectrum." And less tax on income and savings. And I would say, "Yeah." And I think many economists would agree with that. So, if you want to sell it as a "Single Tax," then, no, you won't get anyone to agree that there's enough revenue there. If you look at is a more "central" tax, then, yes, you will get most economists to agree with you. -- Joseph Stiglitz

AdHominem says

You can thank the FED (its private investors) and their paid off politicians in Congress for that.

Nope, that's just smoke to hide the true locus of responsibility in the Executive.

Hint:

Congress didn't cover themselves in glory 1995-2005 but the true malefactors were the foxes in the henhouse.

Sorry I lack the tinfoil to get all het up about the Fed, though.

Troy says

Sorry I lack the tinfoil to get all het up about the Fed, though.

:)

Troy says

Sorry I lack the tinfoil to get all het up about the Fed, though.

what size do you wear?

we will continue to be servants as long as we allow the FED to "regulate" our currency.

Patrick posted a good article today on the dangers of fractional reserve banking.
http://www.lewrockwell.com/rozeff/rozeff318.html?source=patrick.net

AdHominem says

Troy says

Sorry I lack the tinfoil to get all het up about the Fed, though.

what size do you wear?
we will continue to be servants as long as we allow the FED to “regulate” our currency.
Patrick posted a good article today on the dangers of fractional reserve banking.
http://www.lewrockwell.com/rozeff/rozeff318.html?source=patrick.net

Troy - seems like he made extras in case someone follows him. Shall we tell him that any roll of tinfoil will make lotsa hats?

Nah.

I really couldn't care less how much gold the Fed has stashed in holes in the ground.

Now, days of supply in the SPR, that is actually worth something.

I read something some time ago that really opened my eyes. . . the humble Federal irrigation works serving the California Central Valley produced many, many times more wealth than all the gold dug out of the Sierras. Right now Fresno County produces $5B/yr of ag, mostly cash crops like tree fruit and raisins. That's about equal to Russia's entire annual gold production at current prices.

elliemae says

AdHominem says

Troy says

Sorry I lack the tinfoil to get all het up about the Fed, though.

what size do you wear?

we will continue to be servants as long as we allow the FED to “regulate” our currency.

Patrick posted a good article today on the dangers of fractional reserve banking.

http://www.lewrockwell.com/rozeff/rozeff318.html?source=patrick.net

Troy - seems like he made extras in case someone follows him. Shall we tell him that any roll of tinfoil will make lotsa hats?
Nah.

And yet I thought you said in another thread that you hope for a spirited debate rather than mean spirited? I guess, words sound good, but they are harder to put into practice.

AH ... don't forget the nature of the enemy. Everything is as it should be, and the hour draws near.

AdHominem says

And yet I thought you said in another thread that you hope for a spirited debate rather than mean spirited? I guess, words sound good, but they are harder to put into practice.

Most people wouldn't take that as mean spirited - unless one constantly feels persecuted, that is.

funny thing ... if someone is constantly attacked, they just might notice it now and then. And funny thing, a bully allways calls their targets crybabies/complainers when the targets respond to the bully. Most people realize these little tid bits - unless it is inconvieniant. Like spell-check is inconvieniant for me. lol

Is that what this thread has become? Who called who a bad name? I think that's the sign that it's probably time to lay it to rest...

Kevin says

AdHominem says

Me paying for YOUR health care is slavery if I have no choice but to pay or be fined or imprisoned.

Me paying for YOUR roads is slavery!

roads are for public use
personal health care is --- taa daa --- personal.

ok tatupu, we are back on track!! lol Merry Christmas

tatu would love not to acknowledge that health care "reform" is not only a waste of time, but will also fill the pockets of insurance companies at taxpayer's expense. So would ellie and nomo who have fought hard to make this a name calling and ad hominem affair rather than discussing the real issues.

yawn.

AdHominem says

health care “reform” is not only a waste of time

A waste of time?? Are you kidding? So, you think the status quo is the best we can do?

two seperate halves, no match, no bill. It's just pissed away time and cash and a prez and media all excited that he will get to thump his chest like King Kong and say, "we did SOMETHING!!". Barry is a communist puke. And the leftist media is just a guilty for creating him.

tatupu70 says

This “health care reform” bill is a waste of time and money, and essentially a perpetuation of the status quo you so disdain.

This “health care reform” bill is a waste of time and money, and essentially a perpetuation of the status quo you so disdain.