FOOLISHNESS & FOLLY, ALL GOVERNMENT IMPOSED

23 05 2012

Authored by William Robert Barber

I am engaged in establishing a business in Europe that is dependent on viable London banking and the distribution of my production company’s film in Cannes. On this particular voyage, analogous to my experience in the United States, England and France have scenes of conflicting images. The newspapers are full of negatives such as the bailout issues of certain EU members, the tenacity of the Euro, high unemployment, and the default of sovereign funds. All of these issues are rivaling for priority… Which is the worst of the tribulations? Is it the fiscal deficits that prompt the inflation priming of the economy, the austerity measures imposed by Germany’s Wolfgang Schäuble, or is it the so called growth policies pledged by France’s minister of finance, Pierre Mascovici? And then there is the conflicting visual: airport full, occupied taxis running to and fro, restaurants full of people eating and drinking, hotels’ raising room prices, and seemingly hundreds upon hundreds of enthusiasts from all over the world jamming into Cannes for the annual film festival.

The incompatible images tell me that the average merchant and citizen affected by the ineptitude of politicians have once again found a way to continue despite the present financial-economic conditions. I attribute the obvious bustling of commerce to the tenacity of merchants and citizens; it is a witness to what I call the black money economy — or that portion of the economy that pays no taxes on funds earned.

The black money percentage of a nation’s gross revenue is what greases the wheels of hand-to-mouth commerce. Non-taxable funds are the real surplus relief of any sophisticated economy. The more government trifles with the imposition of excessive taxation the blacker the black money becomes.

I believe there is a direct and proportionally corresponding relationship between the percentage of non taxable income and freedom, liberty; the higher the percentage of tax & amp, fees on revenue, the more draconian a government, the less black money floating about to grease the wheels of commerce, then definitely, the less likely that the economy will be able to service the economic needs of the people.

Government is destined to fail whenever it exceeds its mainstay of basic function. Respective of good intentions government cannot do all the thinking and acting for its citizens; it cannot guarantee moral behavior, or enforce even the basic of common sensibility. Government is not the all-encompassing arbitrager of ideological disputes; indeed, all governments since the beginning have been and are corrupt, the only deciding factor is to what extent.

For citizens, the more distant the apparatus of government the more irrelevant government becomes. The more relevant a citizen becomes to the workings of government the more enslaved the citizen. But then citizens have been trading their freedom and liberties to government for years, people actually believe that government is the solution. Well, particularly here in Europe, the people are so “all-in” the choice of individualism, self-reliance, and independent thinking is far-gone and conclusive, for Europeans, there could never be a revival to conservative values.

There is a reckoning and it’s on its way, like a maelstrom, to forcibly reconcile the financial wherewithal of leaderless governments and its foolhardy citizens.





THE MINDSET OF THE LIBERAL PROGRESSIVE ECONOMIST

13 05 2012

Authored by William Robert Barber

Seemingly, the inclination of liberal progressive economists are to declare (often with robust bravado) the sanity of funding a government apparatus that is designed to tenaciously consume an ever-increasing percentage of the taxpayers’ pre-tax income. The center piece of their reasoning is focused on three maxims of liberal progressive determinations. The first is the belief that expert(s) rather than the common are better equipped to manage the affairs of governing; the second is that righteous governing is a top down process; and third, State and local governess cannot be trusted with the authority and power inherent in governing. In other words, liberal progressives do not trust the people to govern themselves.

The liberal progressive economist is one part economist and three parts ideologue. For these experts of economics it is not about the application of economic measures as much as it is about the intervention and weaving of social justice. Such is an implicit essential of their machination of progressive intellectualism. They are aided, assisted, and coached into their progressive inclination by the hand-in-hand characteristics of political liberalism: Arrogance, snobbery, and a steadfast sense of elitism.   

While conservative economists consider the present governing apparatus as fiscally unsustainable, illogical, and operationally ill advised. The liberal progressive enthusiasts though not agreeing believe that society has the obligation to render financial or ‘protective’ surety to the poor, the disenfranchised, the marginalized, illegal immigrants, certain birds, fish, and wildlife, the idea of climate’s effect on mother earth, low-wage earners, labor in general, as well as, well many, many, more social obligators. Conversely, these very same enthusiasts’ believe oil companies, fossil fuel suppliers and their support derivatives, Wall Street, all multi-national corporations, banks, insurance companies, and lobbyists are the people’s enemy and the real economic problem.

Consequently, in the interest of protecting the people, “the enemy,” must be tethered to government monitoring and scrutiny. Obviously for the liberal progressive only the government can be trusted. Profitable enterprise must be (ostensibly to fund the government watchdogs and insure the even-handed distribution of resources) heavily taxed, burden with excessive accountability, forced to promote union membership, and agitated with administrative entanglements. Imagine, businesses the very engine that creates the profit that taxes are derived from is the primary contention issue of a progressive’s concern.   

Liberal economists are mimicked at every opportunity by their acolytes within the media. Politicians of left-leaning persuasion encapsulate the popular pieces and parts of these economists’ declarations as talking points when seeking the endearment of beneficiary constituents. Even movie stars and their support structure pickup on and repeat the rhetorical entrails of progressive economist.   

Since an ever-increasing in size government is wholly dependent on an ever-increasing percentage of the taxpayer’s pre-tax income and such a development has no rational economic justification what remains for the progressive is the contrivance of “fairness.”

Therefore, according to President Obama and his confederates it is time to take the money from those who have the funds.  These ‘peoples’ after all are morally obligated to ‘pitch-in;’ besides progressives declare, fairness is civil, reasonable, as well as, progressively sane. These proponents of ever-increasing taxation go on to explain that financial inequality is inherent in our society and that the distance between the middle class and the wealthy is persistently increasing. Therefore, those that have the monies should be taxed more and then even a bit more when declared necessary.

In the interest of expediting the Obama government’s righteous political agenda which ties perfectly into taxation; the progressives would like to eliminate the lawfulness of federalism. The concept is bothersome and should be struck from the constitution and why not rescind or at least rewrite a few of the amendments.     

I am baffled, concerned, and perplexed. By what means of deductive analysis can a progressive economist ascertain, that if the government is relying on private entities to produce a profit to tax and by doing so sustain the workings of government, how does increased taxation on business increases profit? Is it not profit that engines growth? Is it not profit that encourages a company to hire more employees, order more goods and services, and plan a pro-growth plan of expansion?

Today the deficit is growing exponentially; the country owes creditors over 15 trillion dollars and counting, recent experience has demonstrated this administration and this congress is unable to cut spending. The Federal Reserve is printing money and keeping interest rates very low. But time is not on our side. Inflation is in the wind. Europe will recede into another recession. Greece will default, Spain, and Portugal is on the brink of financial disaster; and Italy, despite the efforts of its most recent leader is heading for financial chaos. The new mafias, unions, control Europe, New York, and California notice the economic calamity unions have created.

The ideals of liberal progressivism work best in academia or in the Land of Oz; socialism, statism, including the authoritarian dictums required to implement a liberal progressive economy does not function in the real world.

I do wonder if those benefiting from governmental largess will see that all they gain from not paying federal tax is disenfranchised from their citizenship; noticeably, those that pay no taxes do not concern themselves with the political goings-on of their community, their State, or their federal government. Being an American includes paying for ones participation in the nation’s wherewithal.