On Markets and Freedom:
“Liberty lies in the hearts of men and women; when it dies there, no constitution, no law, no court can save it.”
______ Judge Learned Hand
As the nation fast approaches the Supreme Court’s deliberations on the fate of ObamaCare, the Obama Administration is pumping up a campaign to hoist the Court on the petard of conservative justice Antonin Scalia’s words. Scalia’s expansive view of federal commerce powers, which many legal scholars consider one of the broadest ever declarations of federal power under the Commerce Clause, combines with his constricted view of individual rights to raise the odds against his voting to strike down ObamaCare as unconstitutional.
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Since the end of World War II, the balance of power has been tipped against the individual in favor of the state, and liberty has yielded to grasping government. Now, however, we may be approaching a tipping point. As the state becomes increasingly muscle bound with its technological capabilities to spy and employ violence against its citizens to force them to comply with its illegitimate dictates, that same technological capacity might soon be turned back on the state jujitsu style as that technology becomes available to individuals. Two such technological developments are Internet cloud computing (logistics) and drone technology (weaponry).
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Here is the simple truth: Governments are so bankrupt and desperate that they’re willing to do absolutely anything to confiscate people’s wealth. They’ll steer away from sound economic policy, completely reject the rule of law, and even go back in time… just to keep the party going a little while longer.
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SSI offers you a rare opportunity to put your case against ObamaCare before the Court...personally.
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Friday, February 24, 2012
The lesson of Crony Capitalism is not only to those in the financial industry, but to those chasing wealth and power in all avenues of society: you can break the old rules, you can steal, and nobody gets punished. Today, following the long-established principles of capitalism seems like it is a game for suckers.
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Saturday, February 25, 2012
Democracy is fatally flawed as a social-choice mechanism, a victim of time's arrow, unable to repair itself and destined to produce chaos. Contrary to Winston Churchill’s famous quip, democracy is not the best of bad alternatives. One alternative stands head and shoulders above it: Liberty, a system in which people are left alone to do whatever they please except where they unanimously agree to restrict themselves under a precisely limited code of conduct that has stood the test of time and has evolved through a common-law process that reveals nature’s truths about human relationships (it used to be called Natural Law) rather than imposing the will of the majority in the name of the greater good (it used to be called Tyranny).
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Thursday, February 23, 2012
As of 2009, only half of U.S. citizens pay federal income tax, according to the latest available figures. And the number of people outside the tax system could have climbed even higher since the economic downturn began.
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Wednesday, February 22, 2012
After the UK raised the top income tax rate to 50 percent, the amount of income tax paid fell sharply last month in the first formal indication that the new 50 percent higher rate is not raising the expected amount of revenue but in fact is losing revenue.
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Thursday, February 16, 2012
The cause of our economic and social ills is not that the wrong politicians are in power; it’s the democratic system itself that causes the problems. We need to start changing the system so it becomes less rather than more democratic. The most important way to do this is by taking away the government’s powers and decentralizing decision-making processes.
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Monday, February 20, 2012
We need some ability for regulatory reset. Free cities, free economic zones, charter cities, bootstrapping sovereignty in Native American reservations are all ways of doing this. Good luck cutting through the thicket one branch at a time with any speed.
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