There will be a $2 billion bond issue on the March 15 ballot called Connect NC. This is another bipartisan boondoggle with a deceptive name. The loan request is not for transportation funding or K-12 education projects.
The $2 billion will go into the “Connect NC” fund, a committee chaired by a whole host of politicians, who will divvy up 66 percent of the money to the NC college systems, and hundreds of millions of dollars to parks, zoos, agricultural “research,” and other political pet projects across the state.
The only thing this bond will connect is your wallet to the special interest groups that support it. As with most programs touted as bipartisan, the more bipartisan support a bill has, the worse it is for your liberty and your well-being.
Bonds are just deferred taxes. They are taxes on our children and grandchildren. It is simply a lie that this bond issue will not result in a raise in taxes. Someone will have to pay for the the interest when the bonds are repaid, and you can bet it won’t be the Democrats and Republican legislators, or the lobbyists and special interest groups who support this bill.
Since tyranny is usually better organized – and funded – than liberty, the effort to promote this bipartisan boondoggle program to increase the debt is well funded by special interest groups.
But a grassroots referendum committee, NC Against the Bond, is organizing a petition drive to oppose this debt increase. Go to AgainstTheBond.com and sign the petition to oppose this debt increase. Follow them on Facebook.
Vote no on the bond issue in March.
The Libertarian Party of North Carolina’s new executive director believes the growing public dissatisfaction with the government in general and the “two-party” system in particular offers a new opportunity to move public policy in a more libertarian direction.
“As the Democrats and Republicans move us relentlessly down the road to hell, kicking the can as we go, more and more Americans can feel the heat rising,” said Brad Hessel, who was appointed last month.
Hessel said the advent of the Tea Party, the Occupy Wall Street Movement and, in North Carolina, the growth rate of unaffiliated voters, which is dramatically outstripping that of Democrats and Republicans, are evidence of this discontent.
“These are all signs that most Americans believe something is very, very wrong with our political system,” he said.
So N.C. Republicans have finally agreed on which Ponzi scheme they’re going to use to con North Carolinians into thinking they’re cutting taxes.
Democrats, predictably, are screaming about how this plan will hurt “the poor” and reward “the rich.” Even some conservatives, to their credit, see the sham.
But everyone is taking about the issue in Newspeak.
Republican and Democrat politicians don’t speak the same language as everyday folk. Listen to how they talk about tax “cuts.” They maintain government “loses” money through “loopholes” and tax exemptions. The implication is clear. You don’t own the money you earn. How else could government lose something it doesn’t own?
Memo to Warren Buffet, and all those other people who think “the rich” don’t pair their “fair share” of taxes. If you are so concerned, you can contribute to paying off the federal debt here.
Make your check payable to the Bureau of the Public Debt and please note that it’s “a gift to reduce the debt held by the public.”
Yes, I know the national debt is $16 trillion dollars and increasing every day. But ever bit helps, right?
Thanks to the News & Observer for the tip.
Just before the Republican National Convention, the 2,000th American solider was killed in Afghanistan. The death went unnoticed. Afghanistan has become another “forgotten war.”
As the Democratic National Convention opened this week, the U.S. debt topped the $16 trillion mark. That event also went unnoticed.
What’s the connection? Both Republicans and Democrats are complicit in turning the state of our union a perpetual and universal state of war that is driving America deeper and deeper into debt.
It does not matter which of the two major party candidates is elected president in November. America will remain at war, and probably go to war with yet another country, and the debt will keep increasing.
Don’t be fooled by the talk of “cuts” in military spending, Medicare, Social Security or any other federal government program that either the Democrats or Republicans propose. That is another charade, a shell game, in simple terms – a lie. These so-called cuts are not cuts at all. All the are is less of an increase.
It’s like trying to convince your wife to let you buy boat you can’t afford and will have to borrow money to purchase. You tell her you’ll cut spending by buying a $20,000 model instead of the one that costs $30,000.
This is by far the best photo from the taxpayer-funded, government-controlled Republican National Convention. It’s a picture worth a thousand words — and $15 trillion. But why do the Republicans insist on taking all the credit. The Democrats helped.
“There cannot be a good tax nor a just one; every tax rests its case on compulsion.” – Frank Chodorov
BURNET, Texas (Jan. 7) – The so-called Fair Tax is not fair; on the contrary, it is a farce based on fallacies and falsehoods. Sadly, some libertarians have fallen for the bogus arguments uttered by proponents of this national sales tax and bought into the idea that this is the “best we can hope to get.” This is a justification very similar to the flawed reasoning that induces some people to vote for the “lesser of two evils.”
One of the core values of libertarianism is the right of people to keep all the fruits of their labor. No taxes are fair. All taxes are, at their root, immoral because they involve the use of force to take money from people, money that rightfully belongs to them, and give it to others. That is why libertarians would fund most government services with voluntary user fees.
The most dangerous claim used by advocates of the Fair Tax is that it’s “revenue neutral,” that it will allow the federal government to collect just as much money as the income tax. Fair Tax supporters say this as if it were a good thing. It is not. The greatest danger facing our nation isn’t terrorism, global warming or the energy crisis. It is out-of-control, unbridled government spending. It is our $15 trillion federal debt, which grows every day.
If the events in Raleigh this weekend are typical, the Occupy Wall Street movement appears just as difficult to define and characterize as the Tea Party movement. In the beginning the mainstream media ignored the first occupation in New York City, just as they did the first Tea Party protests.
Only after the movement persisted, spread, and participation grew, fueled by bloggers, texting, tweating, YouTube videos and the other techniques of the new media, did the mainstream media finally take notice.
The best outcome of the nonsensical display of “Debt Limit Theater” current running in Washington is for Republicans and Democrats to do noting and not raise the debt limit, according to the chair of the Libertarian Party.
“Everything I’ve heard from Washington politicians about the debt limit is nonsense,” said Mark Hinkle in a statement released July 27. “None of the deals would do anything to cut federal spending. Some reduce the rate of growth a little bit, but I’m afraid that doesn’t count. I propose the simplest option: Do nothing. Don’t raise the debt limit, period.”
BURNET, Texas (June 26) – There are several times in my life, more than I care to remember, that I have gone into debt. Who hasn’t? Sometimes I just made bad decisions. But every time I went into debt I alone was responsible for getting myself out of the hole. If you find yourself in a hole that is already too deep and you want to get out, the first thing any sane person does is stop digging. If you’re deep in debt, the first thing to do is — stop spending. That’s what responsible people do.
Apparently however, when someone is elected to office they forget or disregard this simple fact of life. They don’t remember what it’s like to live within their means and to balance a budget. They forget that the simplest, surest and only real way to get out of debt is to stop spending. The spectacle of the Republican and Democratic leaders in Washington D.C. purportedly struggling over the seemingly monumental issue of raising the debt ceiling illustrates just how far out of touch the president and Congressional leaders are with the basic economic realities faced by average Americans every day.
Even the name they use to identify the issue, “debt ceiling,” is an example of the way politicians manipulate words to mask reality. The debt ceiling is merely an artificial cap set by Congress on the amount of money the federal government can legally borrow. It was first set in 1917, but has been raised more than 100 times since then, proving that it’s really not a ceiling at all, not even a glass ceiling, but actually as “high as the sky.”