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The News
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Written by Ron Getty
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Tuesday, 14 July 2009 19:23 |
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A College Classroom Education in Economic Socialism
An economics professor at a local college made a statement that he had never failed a single student before, but had once failed an entire class.
That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.
The professor then said, "OK, we will have an experiment in this class on Obama's plan".
All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little. The second test average was a D! No one was happy.
When the 3rd test rolled around, the average was an F. The scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great. However, when government takes all the reward away, no one will try or want to succeed.
Could not be any simpler than that….
Thomas Jefferson, an early libertarian, stated in his first inaugural speech; “ a wise and frugal Government, which shall restrain men from injuring another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.” |
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Last Updated on Tuesday, 27 October 2009 10:43 |
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Written by Mike Denny
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Monday, 13 July 2009 09:49 |
Would someone please tell Bay Area Council CEO Jim Wunderman property tax revenues have been rising without a constitutional convention to revise Proposition 13 (“Prop. 13 not off-limits to reformers,” July 3-9 issue).
According to the Board of Equalization, total property taxes collected in 2006-07 were $43.16 billion. The oldest property tax stats at www.caltax.org are for 1980-81. That year, property tax revenue was $6.36 billion. Property tax revenue increased by 579 percent since Prop 13 was implemented. During that time, the population went from 24 million to 38 million — an increase of 58 percent.
According to the Legislative Analyst’s Office’s budget database, in 1980-1981, total general and special fund revenue for California was $22.1 billion. For 2006-07, it was $120.7 billion. That is an increase of 555 percent. Property tax revenue went up faster than other sources of revenue.
Our own Federal Reserve Bank of San Francisco recently published an article reporting that a dollar of government spending results in 70 cents of job-creating activity after two years. A dollar in tax cuts results in $1.30 to $3 of job-creating activity after two years. Does anyone out there get this? Government spending has a reverse “multiplier” effect on private sector (read taxpayers) jobs.
Click here for the rest of the article
Mike Denny was the Libertarian Party's 2003 candidate for Mayor of San Francisco.
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Last Updated on Monday, 08 March 2010 16:01 |
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Written by Rob Power
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Wednesday, 08 July 2009 09:37 |
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A story posted to LPSF-Discuss:
I recently asked my friends' little girl what she wanted to be when she grows up. She said she wanted to be President some day.
Both of her parents, proud Progressives, were standing there, so I asked her, 'If you were President what would be the first thing you would do? ' She replied, 'I'd give food and houses to all the homeless people.' Her parents beamed.
'Wow...what a worthy goal.' I told her, 'But you don't have to wait until you're President to do that.. You can come over to my house and mow the lawn, pull weeds, and rake my yard, and I'll pay you $50. Then I'll take you over to the grocery store where a homeless guy hangs out, and you can give him the $50 to use toward food and a new house. '
She thought that over for a few seconds, then she looked me straight in the eye and asked, ' Why doesn't the homeless guy come over and do the work, and you can just pay him the $50?
I said, 'Welcome to the Libertarian Party.'
Her parents still aren't speaking to me.
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Last Updated on Tuesday, 27 October 2009 10:42 |
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Written by Rob Power
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Wednesday, 24 June 2009 15:30 |
 San Francisco Libertarians will be walking in the Outright Libertarians contingent in the San Francisco Lesbian Gay Bisexual and Transgender Pride Parade on Sunday, June 28. If you'd like to walk with us, we are contingent #70 and will be lining up on Beale Street between Market and Mission Streets at 10:30am. Also, please stop by our festival booth on either Saturday or Sunday. We're booth A31, which is in front of the Bill Graham Auditorium on Grove Street between Polk and Larkin Streets. |
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Last Updated on Sunday, 05 July 2009 23:48 |
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Written by Ron Getty
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Tuesday, 23 June 2009 18:58 |
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Tuesday June 23, 2009 the San Francisco Board of Supervsiors enacted new renter protection laws.
The San Francisco Board of Supervisors struck again in its on-going campaign to forcibly evict residential rental property owners from San Francisco and to further restrict the availability of vacant residential rental units. The Board of Supervisors blithely and totally ignores the unintended consequences of its actions on behalf of residential renters.
The Board of Supervisors passed out legislation which would do the following:
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Property owners could not move into their property if it means evicting a family.
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Tenants will have the right to add non-family roommates.
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Rent could not be increased where it would exceed one-third of a tenant’s income.
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CPI increases in rent could not be banked and done all at once.
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Blocked rent increases with additional tenants in the same apartment.
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Last Updated on Monday, 08 March 2010 16:01 |
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Read more...
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Written by Rob Power
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Friday, 03 April 2009 00:33 |
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Join us on Tax Day, April 15, for our annual educational outreach effort at Market and Montgomery during the evening commute hours. We'll be giving out our "Million Dollar Bill" leaflets that educate commuters about the fact that the federal government spends a million dollars of our money EVERY 8 SECONDS. Add in state and local government spending, and our government hands out money faster than we'll be able to hand out our "Million Dollar Bills" to people on the sidewalk. Our goal is to give out 1000 leaflets, hence the title above.
Contact LPSF Chair Rob Power for more details.
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Last Updated on Friday, 10 April 2009 02:08 |
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