Creating WealthPosted on 05/23/2010

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The United States has a mixed economy; private enterprises compete with government services programs, and often collaborate with the government to take advantage of tax credits, rebates, and incentives. The federal government takes on the responsibility of infrastructure management, creating wealth by employing people to build new roads and housing, repair existing structures, and demolish structures that were built under other federally subsidized programs, such as the Housing and Urban Development (HUD) program.

The balance of private enterprise and government-funded businesses is shifting toward Socialism. The passage of Obama's health care plan, bailout of investment banks and insurers, purchased partnerships with failing businesses, such as General Motors, and social engineering efforts aimed at improving lives through enriched, or "green," environments increase the government's redistribution of wealth agenda.

Stimulus is the new terminology for government assumption of private entrepreneurial functions, but the standing joke remains, The U.S. Postal Service.

This section of my site discusses various ways that the government has tried to become a business concern, often with miserable failure and unintended consequences that disrupted the lives of millions of American citizens.

The Need for a Sense of Community and Its Revival as a Local Government Wealth-Making RationalePosted on 05/31/2010

Community planners are businessmen in the construction industry who must convince local city governments to cough up tax dollars so that pockets of community can be built within a city. One of their arguments is that the community revitalization project will create jobs. Secondly, the layout of their planned community will actually encourage communing by the inhabitants.

Neither is a valid reason for commercial or residential development at the expense of the taxpayer.

Developing a sense of “community” shouldn’t cost more than a nod of acknowledgement and a pleasant word. If emotionally unbalanced liberals want to assuage their guilt for not doing more to cement a personal sense of global community, they are free to give aid to foreign countries, reinforcing a sense of entitlement and dependence in the recipients of aid.

In America, self-sufficiency had always been a virtue and people didn’t despair that they weren’t forced by city planners into the proximity of other people. For dull people who bore even themselves, no magnitude of external community will be enough when the light in the lonely bedroom goes out at night.

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Cash for Clunkers DisasterPosted on 05/23/2010

C.A.R.S., more commonly known as Cash for Clunkers, was an economic stimulus plan based on the government taking earnings by force to give to others for their personal expenditure. Taxpayer's approval nor consent was solicited. The government's justification for taking tax money from a pool of money, comprised of iffy logic, as it so often is, was that even the people receiving money for their old cars had to pay a little of their taxes, too, in order to receive the benefit.

Aside from my primary objection to forced redistribution of anyone’s income to other people who do nothing to deserve the money except demonstrate mostly desire for new things and questionable need, the plan discriminated against all people who recently and conscientiously purchased new, fuel-efficient cars, people who saddled themselves with loan payments on top of having their salaries whittled down with taxes, because their newer model cars as trade-ins are worth more than the allotted giveaways, and aren’t eligible anyway. Those people didn’t get a break, and comparatively, they feel cheated that others are getting as break. All those who bought Ford Broncos and Explorers in the past were rewarded with cash to buy new Toyota Corollas.

Which isn’t to say that I disagree with anyone’s right to buy inexpensive, though less fuel-efficient vehicles if that’s the best choice for what their lifestyle and financial ability and circumstances dictates. I’m a Libertarian, and I try not to make judgments about people or interfere in their lives, either to worsen or improve their situation.

I did some research and crunched some numbers.

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Wealth through Lawsuits

Every regulation against corporations or small business is an opportunity for either the government or a citizen who feels wronged according to definitions in the new regulation to have lawyers draw up lawsuits against employers. 

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Examples here of specific creation of wealth via lawsuit, and not just for the lawyers.

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