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March 17, 2005 News Flash - UN top brass have begun to realize that the American public is growing tired of the non-stop scandals oozing like putrid swamp-fill from the world body. Appearing on Fox News Sunday this past weekend, UN chief of staff Mark Malloch Brown was forced to admit, "In a very real way, we seem to have lost touch with the great middle in America." But Mr. Brown is actually quite fortunate. Because if Middle Americans knew how radical feminists are working tirelessly behind the scenes to spread their socialistic views of gender equality, he would be facing a public relations problem of tsunamic proportions. The Gender Warriors now operate with impunity from three base camps within the UN bureaucracy: (Read the rest here)
Job
Market Reflected In Payroll Taxes One of the best indications of the job situation in this country is the amount of surplus payroll tax flowing into the government, particularly in the 12.4 percent every worker pays for his or her supplemental retirement guarantee. For months now, politicians and their shills have been telling us that Social Security is currently generating more than it needs, but someday this will not happen. So we must act now to save the system. Yet, no one asks how much Social Security is generating above its needs? If the public realized how much surplus was flowing into government coffers and what happens to it, theyd be up in arms. But thats not the subject of this article. (Read the rest here)
Governments
Social Security Mess Its hard to say how the debate over Social Security will turn out. Considering that the system rests on the three-legged stool of the welfare state coercion, deception, and paternalism its hard to see a case for anything but abolition and the individual right to control ones own income. But in thinking about a way out of the mess, it is worth taking time to understand how we got into it. And it is a mess. Government investment on behalf of future retirees is like the tooth fairy, the Easter Bunny, and Santa Claus. It never existed. As a result, in about a dozen years, when the payroll tax cant cover benefits, the government, to keep its promises, will substantially raise taxes on workers and/or begin borrowing huge amounts of money, consuming capital that would have raised our living standard. The government could reduce other spending, but that will be difficult because all government spending is backed by well-organized interest groups who do not cotton to proposed cuts. However, the political wizards may try to get away with trimming the benefits of future retirees or changing the retirement age. Whatever solution the politicians adopt is bound to harm large groups of people and stunt economic growth. (Read the rest here)
Libertarian
Commentary on The News Saint Patrick's Day, for too long an excuse for drunkenness (green-beer drunks, to boot) and silly parades, should be a reminder of the significant difference ONE MAN made to an entire island and multitude of peoples, for 70-80 generations - and an ex-slave, to boot! Even today, just one person at the right place at the right time, and with the right qualities, CAN make a difference! That's my view, if not (like the rest of this column) necessarily that of anyone else, including RRND or FND. Again,
if you have suggestions or ideas for changing this column, please
let me know. The new RRND/FND websites are really nice, and many
other sites are also improving and revising their formats, so this is
a good time to follow the example - but I'd appreciate your ideas. Union
waves white flag - Semper Fi!
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