The Organization for Economic Cooperation & Development (OECD) is comprised of 29 industrial nations, mostly in Western Europe, the Pacific Rim and North America. They’ve recently released a report titled “Towards Global Tax Cooperation” that...
Welfare
“Morally and economically, the welfare state creates an ever accelerating downward pull. Morally, the chance to satisfy demands by force spreads the demands wider and wider, with less and less pretense at justification. Economically, the forced demands of one group create hardships for all others, thus producing an inextricable mixture of actual victims and plain parasites. Since need, not achievement, is held as the criterion of rewards, the government necessarily keeps sacrificing the more productive groups to the less productive, gradually chaining the top level of the economy, then the next level, then the next. (How else are unachieved rewards to be provided?)
There are two kinds of need involved in this process: the need of the group making demands, which is openly proclaimed and serves as cover for another need, which is never mentioned—the need of the power-seekers, who require a group of dependent favor-recipients in order to rise to power. Altruism feeds the first need, statism feeds the second, Pragmatism blinds everyone—including victims and profiteers—not merely to the deadly nature of the process, but even to the fact that a process is going on.” – AYN RAND
The Counter-Money Laundering Act is an Attack on Privacy and Liberty to Help Prop Up Welfare State Regimes
Congress has renewed its efforts to combat international money laundering this past August. In the House of Representatives, Representative Jim Leach (R-IA) has introduced H.R. 3886, the International Counter-Money Laundering Act, which has moved swiftly through the...
Save Medical Savings Accounts From The Welfare State Firing Squad
Nearly four years ago, Congress established a trial period for Medical Savings Accounts (MSA)–a tax-free savings account from which you pay your medical expenses. On December 31, 2000, unless Congress acts, the MSA program will become extinct. It is now time,...
End the Social Security Ponzi Scheme Now
“Social Security’s purpose is not to help you pay for your own retirement, but to force you to pay for your neighbor’s retirement or your neighbor’s parents’ retirement,”
Immigration, Moochers, and the Welfare State
Q. How is an “open-borders” immigration policy compatible with the principle of self-interest? While we have a welfare state, isn’t it irrational to encourage immigration? Shouldn’t the openness of our borders be tied to phasing out the...
The “Corporate Welfare” Package Deal
Widespread in today’s political climate is a fallacy known as the package deal. A package deal is a term that equates opposites due to superficial similarity, while ignoring the fundamental difference. One example of the package deal that is endemic in the world...
Social Security Rescue Plans Mean Government Ownership of Business
The only really proper reform is the gradual abolition of the whole system, accompanied by the restoration of conditions in which people can rely on the future buying power of their savings.
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