Bill Gates has paid billions in taxes precisely because he did the work and took the risk. Bill Gates is the perfect example of the type of individual most screwed by the current system. The government asks nothing of existing wealth,it takes everything from wealth that is being built. Old wealth would apply to some future great grandchild of Bill Gates. Let's pretend that Bill Gates is not giving away all of his money to the Bill and Linda Gates foundation. Under those circumstances he would have a great grandson in 2060 who would do nothing with his life but sit around a pool sipping frozen drinks and chasing women. The great grandson would be extremely rich but would never pay taxes throughout his life because he would never have a job or create wealth.
Wayne, study the year 1913. The great entreprenuers of the 1880s were dying off. Their children and grandchildren were getting nervous about the children of all the European immigrants who came into the US in the 19th century to do the labor of the industrial revolution. The old rich were paying more and more into philanthropy to avoid problems with the children of the immigrants. They knew that they could not sustain a social welfare safety net forever (because they were slackers) and not building new wealth. They feared communist influence from thinkers like Lenin and Trotsky in Russia and the socialist influences in Europe. Plus, they were simply getting tired of being burdened by philanthropy.
Meanwhile, the rich brats were paying more and more in salaries to their plant managers, property managers and financial managers. So they hatched a plan. Instead of taxes being paid on wealth (the defacto result of philanthropy), why not have taxes on income? This way, the hard workers who were the managers of the wealth, the factories, the banks, etc. would have to pay all the costs of the masses' socialwelfare system needed for all the huddled masses that were still here after building all the cities and factories.
So what about new entreprenuers? Well,the rich kids could kill two birds with one stone. The new income tax would also be used to tax the growth of new companies and, thereby, prevent new rich from emerging to compete with the old rich! Furthermore, the old rich wanted to divide the underclasses. They knew an income tax would make the productive members of the middle class resent those that they perceived as being non-productive. The lower middle class thinks the upper middle class is greedy for not wanting to pay more taxes. The upper middle class feel weighed down by the lower middle class. Meanwhile, everyone has forgotten about the old rich because they are not really involved in the income tax system since they do not have jobs.The income tax is the result of a diabolical scheme by the idle rich.Of course, the other scheme by the idle rich was the creation of the Federal Reserve. This allowed them to make even more money without working - by charging interest on money that the US is printing and by being able to manipulate recessionary and inflationary waves. The rich knew they were in control of the Fed and could control when inflation occurred and when recessions occur. So all they have to do is buy depressed property during recessions and sell these properties during inflationary bubbles.
The country was actually destroyed between 1913 and 1917 but the US economy was so strong that it has taken until now for the problems to really be felt fully. Ironically, the swine flu of 1918 killed off many of the immigrants that constituted the huddled masses; as did WW1 and WW2. Also, the Great Depression forced many of the huddled masses into lifestyles that required less help - like dependence on extended families - but through all the trials and tribulations the idle rich have simply kept their heads low. I agree with Wayne that we need to do all we can to protect and defend the rights of the productive to create wealth. We just need to remember that wealth is not always the result of productivity.
Monday, May 18, 2009
Saturday, April 18, 2009
Psyche 16 and universal health care
Psyche 16 is an asteroid that contains millions of tons of nickel-iron and platinum metals. Psyche 16 has enough iron to feed the earth's steel production at 2004 levels for 1.5 million years.
Why not tether Psyche 16 and tow it to earth orbit, or even to the orbit of the moon, and mine it at our leisure? The government could do it and the government could profit from it. In addition to using the wealth for national health care,the government could also use it to pay off the national debt.
The answer to all of our problems are right here in our solar system.
Why not tether Psyche 16 and tow it to earth orbit, or even to the orbit of the moon, and mine it at our leisure? The government could do it and the government could profit from it. In addition to using the wealth for national health care,the government could also use it to pay off the national debt.
The answer to all of our problems are right here in our solar system.
Wednesday, January 14, 2009
1932-2008 RIP
It is getting difficult for me to talk with conservatives lately. Many, probably most, of my friends are fiscal conservatives. When I give them my current assessment of the situation in the US I have tobe careful in the way that I explain my views.
The great debate started either in 1913, with the introduction of the federal income tax, or in 1932 when FDR was elected as president. The debate has been, to use an old analogy, between the "people who are pulling the wagon and the people who are riding in the wagon." Reagan used to always warn that there was an urgency to getting the government under control. There were the arguments in the 1950s against "creeping socialism." There were warnings since the 1960s that entitlement programs were growing too fast. Now its too late. The wagon has already plunged off a cliff and it matters only to historians who was pulling the wagon and who was riding in the wagon.
Fiscal conservatism is dead. Even if we added zero new spending to the federal budget, our obligations are too much to be paid by the federal income tax. The reason is not the national debt, the reason is the interest on the national debt. Taxes cannot be used for a national health care program, for example, because all of our income tax revenues will be needed to pay for the inevitable expansion of social security, the growth of costs in medicare/medicaid and interest on the national debt. The people riding in the wagon have already destroyed us. It is too late to "halt the growth of government." By the end of 2009 I predict that the federal debt will be about $13 trillion. The projected growth in SS/MC/MC will mushroom that debt to $40 trillion by 2022. We are going to be paying about $500 billion in interest on the debt by 2010. By 2025 we could be paying $2 trillionin interest on the debt every year. This is assuming that there will be no new programs like national health care. The middle class will be slaves to the interest on the debt. There will be no wagon pullers. All the wagon pullers will be paying interest on the debt.
Can Congress pass a law enabling national health care? Oh, sure. They might even pay for it for a year or two by issuing government bonds (taking on more debt). Here is the problem, though; someone has to buy the bonds. People who buy bonds know how to do math too. At some point, very soon, potential bond buyers are going to realize that the US will not be able to pay interest on the bonds and will never pay off the debt or even get the debt under control. People and governments who buy bonds are not idiots. Not only are the buyers going to dry up, the current bond holders, including the government of China, are going to start getting nervous and selling bonds. Then what we we do?
I think the die was cast on this when GHW Bush was president. The die was cast about 1991. Clinton actually staved off doom by having budget surpluses, largely due to Newt Gingrich taking over Congress -not because Clinton was smart. But then GW Bush has more than made up for any gains in the 1990s by adding $5 trillion to the national debt since 2001, first with all the GOP earmarks and now with the bailouts.
You can have whatever opinion you want about how cool national healthcare would be, but there is no way to do the math.
There is only one way out of doom. Since it is too late to stop government growth, the only hope is that the government somehow findthe money or the platinum. The government can prevent doom if it can find about 250 million tons of platinum. Shrinking the government is pointless, we need to let government be big enough that it has thewherewithall to find, mine and bring back 250 million tons of platinum.
Its simple. They either find the money/platinum or we attack them with torches, pitch forks and molotov cocktails. They could also find themoney by becoming the world's energy supplier using space based solar power. Or they could do both. Who cares? The point is that they either get the money or prepare themselves mentally for the gallows. They will wish they had listened to fiscal conservatives over the last few decades, but that time is past.
The great debate started either in 1913, with the introduction of the federal income tax, or in 1932 when FDR was elected as president. The debate has been, to use an old analogy, between the "people who are pulling the wagon and the people who are riding in the wagon." Reagan used to always warn that there was an urgency to getting the government under control. There were the arguments in the 1950s against "creeping socialism." There were warnings since the 1960s that entitlement programs were growing too fast. Now its too late. The wagon has already plunged off a cliff and it matters only to historians who was pulling the wagon and who was riding in the wagon.
Fiscal conservatism is dead. Even if we added zero new spending to the federal budget, our obligations are too much to be paid by the federal income tax. The reason is not the national debt, the reason is the interest on the national debt. Taxes cannot be used for a national health care program, for example, because all of our income tax revenues will be needed to pay for the inevitable expansion of social security, the growth of costs in medicare/medicaid and interest on the national debt. The people riding in the wagon have already destroyed us. It is too late to "halt the growth of government." By the end of 2009 I predict that the federal debt will be about $13 trillion. The projected growth in SS/MC/MC will mushroom that debt to $40 trillion by 2022. We are going to be paying about $500 billion in interest on the debt by 2010. By 2025 we could be paying $2 trillionin interest on the debt every year. This is assuming that there will be no new programs like national health care. The middle class will be slaves to the interest on the debt. There will be no wagon pullers. All the wagon pullers will be paying interest on the debt.
Can Congress pass a law enabling national health care? Oh, sure. They might even pay for it for a year or two by issuing government bonds (taking on more debt). Here is the problem, though; someone has to buy the bonds. People who buy bonds know how to do math too. At some point, very soon, potential bond buyers are going to realize that the US will not be able to pay interest on the bonds and will never pay off the debt or even get the debt under control. People and governments who buy bonds are not idiots. Not only are the buyers going to dry up, the current bond holders, including the government of China, are going to start getting nervous and selling bonds. Then what we we do?
I think the die was cast on this when GHW Bush was president. The die was cast about 1991. Clinton actually staved off doom by having budget surpluses, largely due to Newt Gingrich taking over Congress -not because Clinton was smart. But then GW Bush has more than made up for any gains in the 1990s by adding $5 trillion to the national debt since 2001, first with all the GOP earmarks and now with the bailouts.
You can have whatever opinion you want about how cool national healthcare would be, but there is no way to do the math.
There is only one way out of doom. Since it is too late to stop government growth, the only hope is that the government somehow findthe money or the platinum. The government can prevent doom if it can find about 250 million tons of platinum. Shrinking the government is pointless, we need to let government be big enough that it has thewherewithall to find, mine and bring back 250 million tons of platinum.
Its simple. They either find the money/platinum or we attack them with torches, pitch forks and molotov cocktails. They could also find themoney by becoming the world's energy supplier using space based solar power. Or they could do both. Who cares? The point is that they either get the money or prepare themselves mentally for the gallows. They will wish they had listened to fiscal conservatives over the last few decades, but that time is past.
Saturday, January 3, 2009
SLF Position on Secession
There are about 5000 cultural, ethnic, racial and linguistic groups in the world. There are only 189 nations. Many communities and regions would secede from their assigned nation states if given the choice. Many of these sub-groups have secessionist movements (by one name or another) and they have millions of adherents. Besides cultural/ethnic/racial movements; there are also secessionist groups based on ideas. Libertarians, survivalists, communalists, radical pacifists, devolutionists, anarchists, futurists and religious groups that are geographically concentrated may wish they could secede. These groups tend to have a commitment to liberty and believe that they should be able to enjoy self determination.
Why do you belong to a nation state? Were you born into it? Were you forced to join it? Did you voluntarily select it? Your relationship to the nation state is slave-master. If you were born into it then you were born a slave. If you were forced to join then you are a captured slave. It is impossible to enter into an agreement to become a slave, so joining a nation state (without secession rights) is invalid. All nations are oppressive, by definition, if they do not recognize secession as a human right.
The modern nation state has existed for about 500 years. What has been the result? Are we not on a course that will inevitably lead to intentional or accidental nuclear war? Are we not in a situation where nation states are used to benefit certain elites at the expense of the common people? Merely having a few democratic institutions and regular elections does not prevent rule by elites.
Social Libertarian Frontierism has an inherent flaw. It is designed to fix one particular nation state – the United States. Currently, the United States government is in deep trouble. There is a huge national debt. There are entitlement program obligations that will be impossible to fulfill because the growth of the economy is not matching the growth of the program costs. Even without any additional discretionary spending, entitlements and interest on the debt could sink the US government. Yet the government views itself as an expanding entity that can grow forever; using the income tax, capital gains tax, and corporate taxes as the fuel of the expansion. It is truly insane. All government will accomplish is the slow strangulation of the private sector. The good news is that government’s successful effort to doom itself is a de facto protection of individual rights. In simple terms, the government will lack the discretionary funds necessary to take away liberty. Social Libertarian Frontierism shows government how to gain the funds to right the ship of state, so we are inadvertently giving them the resources to enslave us. Additionally, SLF allows limited socialism (albeit in a regulated form, under control of the Socio-Economic Supreme Court). Certain activities will be government owned and government controlled, which is socialist. The socialist aspects of SLF are necessary to enable the national treasury to capture profits and replenish national public wealth. Another problem is that SLF will create segmented pockets of socialist behavior, socialist thought and a socialist management structure which hopefully will confine itself to frontierist projects. These are risks of SLF and the widened risk requires additional checks and balances.
The three major checks against tyranny follow. Note that the Constitution is not included, because determined tyrants could bypass the Constitution much like current politicians do when it suits their beliefs:
Voting. Voting can be an important check, but only if the real will of the people is represented by the majority of voters and people are not being massively manipulated by false advertising, a biased media and an elite that can spend more on media than other constituents. Without campaign finance reform, voting is a very weak check on tyranny. The two party system undermines the effectiveness of voting as a check on government. SLF requires actions to enhance the degree to which voting can protect our liberty while also adding demands for better outcomes of government activity. This may include campaign spending limits and public financing.
Guns. Each and every home in the United States should be heavily armed. This is a key guarantee of liberty. The government must fear the people. The government must realize that there are strict limits on the use of police power. The second amendment should be reformed to guarantee that the citizen is free to arm himself or herself to the same degree that an infantry soldier is armed. Automatic weapons should be legal. Grenades should be legal. Maybe there should be restrictions or a line drawn with weapons capable of shooting down commercial passenger aircraft, but citizens must have the weapons to resist oppression and should not be technologically disadvantaged.
Secession. Remember, SLF will dramatically strengthen the US as a nation state. We must ensure that this nation state does not tend toward tyranny and the ultimate check against tyranny is the legal right to orderly, non-violent secession. A secession right will create tremendous pressure to be placed on the nation state and force the nation state to treat citizens as customers. If customers are displeased then they will shop at other stores or open their own stores. Secession should probably be made slightly difficult to prevent the secession option from being used in the heat of the moment over a single dispute. Perhaps a supermajority should be required. Certainly, the correct mechanism for secession is the referendum and the referendum should pass with 67%, lets say.
Why do you belong to a nation state? Were you born into it? Were you forced to join it? Did you voluntarily select it? Your relationship to the nation state is slave-master. If you were born into it then you were born a slave. If you were forced to join then you are a captured slave. It is impossible to enter into an agreement to become a slave, so joining a nation state (without secession rights) is invalid. All nations are oppressive, by definition, if they do not recognize secession as a human right.
The modern nation state has existed for about 500 years. What has been the result? Are we not on a course that will inevitably lead to intentional or accidental nuclear war? Are we not in a situation where nation states are used to benefit certain elites at the expense of the common people? Merely having a few democratic institutions and regular elections does not prevent rule by elites.
Social Libertarian Frontierism has an inherent flaw. It is designed to fix one particular nation state – the United States. Currently, the United States government is in deep trouble. There is a huge national debt. There are entitlement program obligations that will be impossible to fulfill because the growth of the economy is not matching the growth of the program costs. Even without any additional discretionary spending, entitlements and interest on the debt could sink the US government. Yet the government views itself as an expanding entity that can grow forever; using the income tax, capital gains tax, and corporate taxes as the fuel of the expansion. It is truly insane. All government will accomplish is the slow strangulation of the private sector. The good news is that government’s successful effort to doom itself is a de facto protection of individual rights. In simple terms, the government will lack the discretionary funds necessary to take away liberty. Social Libertarian Frontierism shows government how to gain the funds to right the ship of state, so we are inadvertently giving them the resources to enslave us. Additionally, SLF allows limited socialism (albeit in a regulated form, under control of the Socio-Economic Supreme Court). Certain activities will be government owned and government controlled, which is socialist. The socialist aspects of SLF are necessary to enable the national treasury to capture profits and replenish national public wealth. Another problem is that SLF will create segmented pockets of socialist behavior, socialist thought and a socialist management structure which hopefully will confine itself to frontierist projects. These are risks of SLF and the widened risk requires additional checks and balances.
The three major checks against tyranny follow. Note that the Constitution is not included, because determined tyrants could bypass the Constitution much like current politicians do when it suits their beliefs:
Voting. Voting can be an important check, but only if the real will of the people is represented by the majority of voters and people are not being massively manipulated by false advertising, a biased media and an elite that can spend more on media than other constituents. Without campaign finance reform, voting is a very weak check on tyranny. The two party system undermines the effectiveness of voting as a check on government. SLF requires actions to enhance the degree to which voting can protect our liberty while also adding demands for better outcomes of government activity. This may include campaign spending limits and public financing.
Guns. Each and every home in the United States should be heavily armed. This is a key guarantee of liberty. The government must fear the people. The government must realize that there are strict limits on the use of police power. The second amendment should be reformed to guarantee that the citizen is free to arm himself or herself to the same degree that an infantry soldier is armed. Automatic weapons should be legal. Grenades should be legal. Maybe there should be restrictions or a line drawn with weapons capable of shooting down commercial passenger aircraft, but citizens must have the weapons to resist oppression and should not be technologically disadvantaged.
Secession. Remember, SLF will dramatically strengthen the US as a nation state. We must ensure that this nation state does not tend toward tyranny and the ultimate check against tyranny is the legal right to orderly, non-violent secession. A secession right will create tremendous pressure to be placed on the nation state and force the nation state to treat citizens as customers. If customers are displeased then they will shop at other stores or open their own stores. Secession should probably be made slightly difficult to prevent the secession option from being used in the heat of the moment over a single dispute. Perhaps a supermajority should be required. Certainly, the correct mechanism for secession is the referendum and the referendum should pass with 67%, lets say.
Friday, January 2, 2009
Space Based Solar Power
Find a need and fill it. This is what the federal government should be doing to replenish the national treasury. Well, the world needs clean, renewable energy.
The straightforward concept is to place solar panels in space and beam down the energy from space. The most likely way of beaming the energy back down is by using microwave technology. Another possibility is laser beaming. One small solar power generator could transmit one gigawatt of energy to Earth, which is about the output of a single nuclear power plant, but it is scalable! Simply build more generators/panels or build larger generators/panels until energy needs are met.
In space, solar irradiance is about eight times stronger than on Earth. Solar energy, in space, can be collected 24/7 since there is no night, and weather is not a problem because there is no weather. 1.3 Gigawatts of energy travel through every square kilometer of space around earth. There would be no pollution generated by the system. There would be no waste. It would be safe. The receptors would be out in the Gulf of Mexico, but even if people were accidentally exposed to microwaves it would not be more damaging than exposure to a microwave oven in your home kitchen. What if SBSP technology falls into the hands of terrorists? This is a major concern with nuclear power. If SBSP ever falls into the hands of terrorists then terrorists will be able to power toaster ovens, refrigerators and electric cars. Proliferation is not an issue. The physics and engineering know how are already in place.
SBSP can result in an exportable product. Either energy can be directly exported from the power grid or it can be exported as hydrogen. Screw Saudi Arabia, why not make the United States be the largest exporter of energy. There is no good reason why this is not underway. There are a couple of bad reasons. First, we have a useless bunch of punks in government. The Department of Energy and NASA have been passing management responsibility to NASA and NASA has been pushing it back to the Department of Energy. This is one of the greatest opportunities in human history and we have government agencies are basically saying, “This is hard, you do it.” Well, this is what citizens should say to NASA and DOE: “You are relieved of all management responsibility. In terms of the SBSP project you are underlings of the Department of Defense.”
This is fundamentally a defense project anyway. Energy security is extremely important and potentially a killer for our civilization. Our war making capability depends on energy. Fossil fuels threaten the planet and, therefore, threaten our defense. Our ability to grow our economy and afford national defense and homeland security depends on energy availability. With Space Based Solar Power the military would have the option of bypassing supply lines and beaming the energy directly to the conflict theater. This is a Department of Defense project and DOD should tell NASA and DOE exactly when to jump and how high.
The second bad reason that SBSP is not underway already is that we need better and cheaper space faring. Frontierism requires that space vehicles be constructed on assembly lines using the skills and even the facilities of the auto and heavy equipment industries. We cannot be content to build one vehicle at a time. This is another justification for making this a DOD function. DOD needs to be heavily involved in the construction of space vehicles in any case, for national security reasons, so why not just put them in charge of design and development?
Because the biggest obstacle to SBSP is the cost of access to space, there will be temptations to make deals with the private sector to gain funding. While this would reduce the initial costs of the project, this would make it useless as a Social Libertarian Frontierism. The end is not the development of SBSP, the end is the use of SBSP as a profit center to eliminate the national debt and help in the elimination of the income tax and the capital gains tax. Shared risk means shared profits. The objection that this might be done more efficiently by the private sector is offset by the government need for wealth and by the fact that any private involvement would essentially be making the profits international. Legally, there could not be a provision that prevents foreign ownership of stock in private sector entities. International involvement decreases the security advantages of SBSP such as the economic and battlefield advantages. This argument also holds with cooperation with other governments on this project. SBSP should be a socialist project. The means of production and the control of the project need to be public.
The straightforward concept is to place solar panels in space and beam down the energy from space. The most likely way of beaming the energy back down is by using microwave technology. Another possibility is laser beaming. One small solar power generator could transmit one gigawatt of energy to Earth, which is about the output of a single nuclear power plant, but it is scalable! Simply build more generators/panels or build larger generators/panels until energy needs are met.
In space, solar irradiance is about eight times stronger than on Earth. Solar energy, in space, can be collected 24/7 since there is no night, and weather is not a problem because there is no weather. 1.3 Gigawatts of energy travel through every square kilometer of space around earth. There would be no pollution generated by the system. There would be no waste. It would be safe. The receptors would be out in the Gulf of Mexico, but even if people were accidentally exposed to microwaves it would not be more damaging than exposure to a microwave oven in your home kitchen. What if SBSP technology falls into the hands of terrorists? This is a major concern with nuclear power. If SBSP ever falls into the hands of terrorists then terrorists will be able to power toaster ovens, refrigerators and electric cars. Proliferation is not an issue. The physics and engineering know how are already in place.
SBSP can result in an exportable product. Either energy can be directly exported from the power grid or it can be exported as hydrogen. Screw Saudi Arabia, why not make the United States be the largest exporter of energy. There is no good reason why this is not underway. There are a couple of bad reasons. First, we have a useless bunch of punks in government. The Department of Energy and NASA have been passing management responsibility to NASA and NASA has been pushing it back to the Department of Energy. This is one of the greatest opportunities in human history and we have government agencies are basically saying, “This is hard, you do it.” Well, this is what citizens should say to NASA and DOE: “You are relieved of all management responsibility. In terms of the SBSP project you are underlings of the Department of Defense.”
This is fundamentally a defense project anyway. Energy security is extremely important and potentially a killer for our civilization. Our war making capability depends on energy. Fossil fuels threaten the planet and, therefore, threaten our defense. Our ability to grow our economy and afford national defense and homeland security depends on energy availability. With Space Based Solar Power the military would have the option of bypassing supply lines and beaming the energy directly to the conflict theater. This is a Department of Defense project and DOD should tell NASA and DOE exactly when to jump and how high.
The second bad reason that SBSP is not underway already is that we need better and cheaper space faring. Frontierism requires that space vehicles be constructed on assembly lines using the skills and even the facilities of the auto and heavy equipment industries. We cannot be content to build one vehicle at a time. This is another justification for making this a DOD function. DOD needs to be heavily involved in the construction of space vehicles in any case, for national security reasons, so why not just put them in charge of design and development?
Because the biggest obstacle to SBSP is the cost of access to space, there will be temptations to make deals with the private sector to gain funding. While this would reduce the initial costs of the project, this would make it useless as a Social Libertarian Frontierism. The end is not the development of SBSP, the end is the use of SBSP as a profit center to eliminate the national debt and help in the elimination of the income tax and the capital gains tax. Shared risk means shared profits. The objection that this might be done more efficiently by the private sector is offset by the government need for wealth and by the fact that any private involvement would essentially be making the profits international. Legally, there could not be a provision that prevents foreign ownership of stock in private sector entities. International involvement decreases the security advantages of SBSP such as the economic and battlefield advantages. This argument also holds with cooperation with other governments on this project. SBSP should be a socialist project. The means of production and the control of the project need to be public.
Tuesday, December 23, 2008
Asteroid Mining (tampico)
NOTE: I am currently working on a new political philosophy called "Social Libertarian Frontierism." There will be much more about this later, but here is an example of a frontierist activity which is intended to reduce national debt, eliminate or reduce dependence on the federal income tax and provide funds for increased federal discretionary spending. 12/23/08
A.1. One example of a frontierist activity would be for the US Government to develop and deploy a space tow vehicle which would be tasked with moving an asteroid of small/moderate size to either earth’s orbit or the orbit of the moon. The asteroid should be selected based on its composition and should be relatively high in platinum, gold, nickel iron and low in rock and ice. The asteroid should be mined with public funds and the profits should be for the enrichment of the US Treasury. Mining should be accomplished with the aid of the most advanced government robots (6.D.). Precious metals should be mined first and the precious metals (platinum and gold) should be fully extracted before any consideration is given to leasing to private sector mining entities. Once the asteroid is reduced to nickel iron and debris then it may be more profitable to lease the asteroid in part or whole, but this should be done only when the asteroid has been largely exploited and another asteroid is either being towed to earth or moon orbit.
Precious metals are particularly suited economically for strengthening the value of the US Dollar and paying down the national debt; which would in turn reduce the payment of interest on US bond debt and increase the percentage of the US budget available for discretionary spending and reduce the need to tax the productive segments of the economy.
A.1. One example of a frontierist activity would be for the US Government to develop and deploy a space tow vehicle which would be tasked with moving an asteroid of small/moderate size to either earth’s orbit or the orbit of the moon. The asteroid should be selected based on its composition and should be relatively high in platinum, gold, nickel iron and low in rock and ice. The asteroid should be mined with public funds and the profits should be for the enrichment of the US Treasury. Mining should be accomplished with the aid of the most advanced government robots (6.D.). Precious metals should be mined first and the precious metals (platinum and gold) should be fully extracted before any consideration is given to leasing to private sector mining entities. Once the asteroid is reduced to nickel iron and debris then it may be more profitable to lease the asteroid in part or whole, but this should be done only when the asteroid has been largely exploited and another asteroid is either being towed to earth or moon orbit.
Precious metals are particularly suited economically for strengthening the value of the US Dollar and paying down the national debt; which would in turn reduce the payment of interest on US bond debt and increase the percentage of the US budget available for discretionary spending and reduce the need to tax the productive segments of the economy.
Saturday, October 18, 2008
More on latino Unification (URT)
The nationalism that is being promoted by the national media by the likes of Lou Dobbs really misses the point with Mexico. Mexicans do not want to be led around by the nose by Mexico City and certainly do not want expansion of Mexico into the Southwest US. To the contrary,if the true Texas economy were unleashed by being freed by secession then the Republic would soon become a world economic hub that is so powerful that Nuevo Leon, Coahuila and Chihuahua would be clamoring to join Texas. This is particularly true if the Brownsville,Matamoras, Harlingen, South Padre area gets back on track on what seemed to be creating the 21st century Hong Kong before 9/11.
Mexico would be trying to keep citizens from migrating to Texas because they would have such fear of Texas political/social influence that could lead to a brain drain (if they are lucky) or a libertarian revolution in Mexico (if they are not lucky).
What kind of Mexicans would come to the Republic of Texas if it were a true libertarian nation? The welfare slackers would have no interest because there would be no freebies. The drug cartels thrive only because drugs are illegal. A libertarian Republic of Texas would be of no interest to drug cartels because there would be no black market. The only Mexicans with any interest in the Republic would be entreprenuers or people who want to work for entreprenuers.
Mexico would be trying to keep citizens from migrating to Texas because they would have such fear of Texas political/social influence that could lead to a brain drain (if they are lucky) or a libertarian revolution in Mexico (if they are not lucky).
What kind of Mexicans would come to the Republic of Texas if it were a true libertarian nation? The welfare slackers would have no interest because there would be no freebies. The drug cartels thrive only because drugs are illegal. A libertarian Republic of Texas would be of no interest to drug cartels because there would be no black market. The only Mexicans with any interest in the Republic would be entreprenuers or people who want to work for entreprenuers.
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