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If you like statistics you may be interested in visiting John Williams’ Website: shadowstats.com
John Williams and Ben Bernanke were classmates at Princeton. Mr. Williams followed the Austrian school of economics, also known as real economics, while Mr. Bernanke embraced Keynesian economics, another term for socialism. Keynesians justify government control of the currency and monetary policy which facilitates unrestricted government spending. Mr. Williams found that the federal government had been making adjustments to the CPI, PPI, Unemployment and the money supply M3 for the past 30+ years. The changes were made to make these inflation and economic indicators come in lower than reality. This keeps the populace that the government lives off of more complacent. Mr. Williams uses the original formulas, recalculates these economic indexes and publishes them on his Website so that they become useful.
Nationally real unemployment has been running between 20% and 23% since 2009.
Real inflation has been as high as 13% in 2008 and is currently just under 10%. An inflation rate of 10% will cut the purchasing power of “money” in half in 7.2 years. Just look at the cost increase of fuel and food during the last 10 years. The Federal Reserve no longer publishes M3, they claim it is “not useful”. Mr. Williams recreates M3 and it is available on his Website.
These are national statistics but what happens nationally ultimately impacts Routt/Eagle Counties. The August/September 2008 financial collapse was the result of the world debt service exceeding the world economy’s ability to pay the debt. It was a Ponzi scheme and like all Ponzi schemes it collapsed. Only through the unlimited creation of even more debt were the bankers and political class able to salvage themselves at the direct expense of the private sector. You don’t solve a problem of too much debt by creating more debt. The 2008 collapse was just a prelude to what is coming for the ruling class has made things much worse. Both Chuck McConnell and Dave Maloney have a clear understanding of the economic disaster heading our way. The next and larger collapse is a mathematical certainty. The point is not which statistics are most correct. The point is that as we move forward into what will be extremely difficult times, an understatement, we should be looking to elect citizen legislators that know what it takes to create jobs in the private sector. Our current HD-26 Rep. clearly does not quality.
“The power to tax is the power to destroy” …” Chief Justice John Marshall
Keep raising taxes and all businesses in Routt County will be nonprofits.
"Perhaps someday, the question of whether or not to allow vacation rentals of private homes in Routt County outside of Steamboat Springs will be put to a vote of the people."
The key word is "private". Do property rights fit in anywhere here? Do mob decisions trump constitutional rights?
The fact that you do everything possible but answer my question establishes that you know the correct answer. The correct answer dismantles arguments supporting legalized theft. I offer you one more opportunity; Is it right to take from one person against their will and give these proceeds to another? Your answer, or lack of, demonstrates much about character and principle.
My question is not a matter of what is “legal”; it is a matter of what is moral. The fact that you are so evasive answers my question.
Once again you obfuscate. The Justices of the Supreme Court are employees of the federal government. They are appointed by politicians, and with few exceptions, they have proven to be political animals catering to their employer. Their employer hates the Constitution. The SCOTUS does not determine what is right or wrong. I ask you a third time: Is it right to take from one person against their will and give these proceeds to another? This does not require a long dissertation. The answer to my question is either yes or no. Which is it?
You obfuscate rather than answer my question. I will ask again: Is it right to take from one person against their will and give these proceeds to another?
In order to distill the discussion of the ACA, or collectivism in general, down to basics, I have a question: Is it right to take from one person against their will and give these proceeds to another?
“Obamacare” is a Progressive (Fascist) exercise of plenary government power fundamentally opposed to economic freedom, therefore individual freedom, the principles upon which the united States were founded. It is yet another "Progressive" assault on the Constitution and liberty. A strictly limited government has become unlimited. As government grows, freedom and opportunity die. The “Affordable” care act is not about providing better access to affordable health care, it is about controlling and further plundering the people.
The “Affordable” Care Act is not private. It is a soft form of fascism, a “partnership” between the State and the Medical-Industrial complex. The concept of bottom up governance taught in government schools is a myth, certainly at the national level. Large corporate and monied interests control, and are the government. This has been the case for many generations.
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