Home Archives for Politics/Geop
November 24, 2010 Leave a Comment

Tell the President This: 12 Ridiculous Regulations That Are Almost Too Bizarre to Believe

From Economic Collapse Blog:

“But it is not just the federal government that is ramming thousands of ridiculous regulations down our throats.  The truth is that in many cases state and local governments are far worse.  We have become a nation that is run and dominated by bureaucrats.  Yes, there always must be rules in a society, but we have gotten to the point where there are so many millions of rules that the game has become unplayable.”

In the article he lists 12 ridiculous regulations in various states including:

2. Philadelphia requiring a $300 “blogging” license

7. Lake Elmo, Minnesota where it’s illegal for farmers to sell a pumpkin or Christmas tree grown outside city limits – punishable by fine and prison

To read more, go here.

My take:

No doubt that our country would be much better off if we unilaterally fired 50% of this nation’s bureaucrats at the Federal and state level and simply made due with whoever was left. I usually vote for cuts in government even if they’re not prudent. Someone has to slow these people down and most voters are too apathetic to – which is sadly what these clowns count on…

read more about me: About Chris

Filed Under: Interesting, Politics/Geop
November 15, 2010 Leave a Comment

Awesome Explanation of “Quantitative Easing”i.e. Money Printing by Cute Little Bears

I want to thank Investment Notes for Sharing This:

This video, though funny, explains almost exactly what is going on with monetary policy & “Quantitative Easing” and how foolish the actions of the Fed have been, and how sketchy the relationship of the Fed to the health of the US economy has been. And this is not a recent phenomenon: The Federal reserve has been behind the growth of unhealthy asset bubbles in the past.

For those of you that enjoy reading history, and/or you really want to get to the bottom of the causes of the troubles of 1929, you must read Benjamin Anderson’s book, Economics and the Public Welfare, which outlines economic policies and ramifications year by year from 1914-1946 – an EXCELLENT and thorough read.

Enjoy the video:

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Filed Under: Economics, Politics/Geop
October 8, 2010 Leave a Comment

One Retired Professor Laments “The Tyranny of Good Intentions”

Have to thank the team at Casey’s Daily for sharing this article by retired British professor Kenneth Minogue:

Globe & Mail – Are We Sliding Into a Tyranny of Good Intentions?

From the article:

“I am of two minds about democracy,” he writes, “and so is everyone else. We all agree that it is the sovereign remedy for corruption, war and poverty in the Third World. We would certainly tolerate no other system in our own country. Yet most people are disenchanted with the way it works. One reason is that our rulers now manage so much of our lives that they cannot help but do it badly. They have overreached. Blunder follows blunder.”

Far worse, traditional democratic theory has been flipped upside down: “Our rulers now make us accountable to them.”

For further color on “tyranny,” Casey’s editor David Galland plays with the idea of a Military Coup in the United States. Read here for this mental ‘exercise’: Casey’s Daily Dispatch

Filed Under: Politics/Geop Tagged: british professor, casey's daily, democracy, globe & mail, kenneth minogue, tyranny of good intentions
New Tax Credit Proposed for Caregivers
October 7, 2010 1 Comment

New Tax Credit Proposed for Caregivers

Congress is considering legislation to provide a tax credit for those caring for elderly relatives.

From: InvestmentNews

A new House measure joins several existing congressional bills in aiming to provide tax breaks to caregivers of ailing or elderly family members. Called the Caregiver Tax Relief Act of 2010 and introduced by Rep. Christopher Carney, D-Pa., HR 5491 would create a $2,500 tax credit for caregivers whose incomes don’t exceed specified amounts. The bill is similar to S 2958, which also would provide a tax deduction for long-term-care insurance premiums. Also in the mix are S 1604 and HR 517. For more details, visit thomas.loc.gov.

My take: government is going to have to do more to encourage care at home because the number of people “becoming poor” by hiding assets and then pawning seniors off to state Medicaid programs will bankrupt, and is bankrupting the states.

If you need to talk to someone regarding planning for this situation, contact me through my company site here: Walnut Hill Advisors, LLC or call me at 781.393.0021.

Filed Under: Politics/Geop, Retirement, Your Money
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