Florence Davis

When metaphysicians claim we live in a world of illusion they probably aren’t aware how reality–oriented their belief actually is. Of course, many of them claim that reality is an illusion—when in actuality what most people perceive as reality is an illusion.

Let’s face it—most Americans attempt to reside in a Disneyworld version of reality. Since this is contrary to the requirements of existence, they unwittingly relinquish their self-determination allowing altruists, politicians and do-gooders to create a hell-like environment of misery and despair. Sadly, the many days of the multitude shedding an ocean of tears has arrived.

Socialists, moralists and big government interventionists criticized Ayn Rand’s masterpiece “Atlas Shrugged” as pedantic and unrealistic. In their ignorance they didn’t realize that they were creating the world of “Atlas Shrugged.”

Only rationally selfish individuals—who are spiritually enlightened and act impeccably in their actions—can prevent the American Way of Life from taking the final dive into the abyss of poverty and despair. Maybe they can lead the way to a glorious future of unhampered capitalism by convincing enough people about the logical power of Austrian economics. Maybe they can demonstrate an individual’s seat of power resides within—not in others who claim they know what is best for all.

The destructionists who run our country seem intent on destroying the values libertarians hold so near and dear. Fortunately there are two things they can’t destroy—the mind of the independent logical thinker and the spirit of the spiritually enlightened.

Robert A. Meyer

Businesses need capital to stay in business. Businesses need capital to pay their employees.

If governments want businesses to have an easier time obtaining capital, they should reduce taxation of savings and investments.

If governments want businesses to be better able to create jobs and obtain capital, they should reduce the corporate tax rate.

Our national debt was less than 1 trillion dollars on Janauary 20, 1981. Our national debt is now more than 10 trillion dollars. Do you care if the money you have now is worth a lot less in the future? Do you care about very high inflation?

To reduce the national debt, our country needs to increase sales taxes on the wealthy and others, have many sales taxes our country has not had for a while, and may have to have many sales taxes our country has never had before.

If the highest federal corporate tax rate is NOT greater than 15 percent, many businesses may hire more people, increase wages of many people, and increase dividends. Many people may obtain more money from capital gains. Pension funds of government employees may do a lot better. Businesses may have an easier time obtaining loans and investments. There may be less need for food stamps and Medicaid.

The federal government and state governments should stop taxing interest from savings accounts, dividends, capital gains, and estates. Businesses may have an easier time obtaining loans and investments. Many people may have an easier time saving for college tuitions and retirements. Many people and businesses may have an easier time reducing their debts.

It makes more sense for the federal government and many state governments to increase sales taxes on the wealthy and others.

I discuss dealing with the financial crisis and other topics on http://www.newgeography.com/users/kenstremsky

Sincerely,

Ken Stremsky

Another friend sent a great plan for coming up with the money for this “stimulus” package: Reduce the number of Senators and Reprsentatives by half. That would cut not only their salaries, but all of their aides and assistants, office expense, postage expense, travel expense – and the pork programs they would have pushed through had they been there.

I forget just how the math played out, but the savings came to over a trillion over the next few years.

When will they “get it” that government employees add no value to the economy – they produce nothing and are merely parasites.

I don’t know. I think there’s something added to the water in D.C. that’s making them insane.

Thanks as always for your welcome words of wisdom… Now tell us how to stop this runaway train!