Tag Archives: government has no money of its own

Quick Question!

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Assuming they can somehow hammer out the legislation without it turning into a massive liberal potlatch for corrupt labor unions, the abortion industry, and socialist revolutionaries… what’s all this about the federal government going to “give” us a trillion dollars to help us live through the Chinese Death Monster epidemic?

Question! Where did all that money come from?

Answer: from us! We worked for it. We earned it. We, the American people. It’s our money. The government has only proposed to give a chunk of it back to us, after they got it from us in the first place in the form of fees and taxes. They aren’t really “giving” us anything.

Not that we’re allowed to hold our money back if we don’t want what the government is selling. Try that and see what happens to you.

Can we at least grant the reality that the government has no money of its own, produces no money of its own, and is utterly dependent upon the people for its very existence? Can we at least rid ourselves of a notion that is, at very best, a kind of cockeyed feudalism?

Then, maybe, at least our conversation about the money will make sense. That money does not come raining down from the sky, to fall into the lap of Congress. Unless that’s clearly understood, we’re going to get scammed repeatedly.


‘When the Government Raids Your Bank Account’ (2013)

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Trying to get their money out of the bank before the government does

Remember this? In 2013 the government of Cyprus raided people’s bank accounts… to pay off, they said, an EU bailout. Whose accounts got raided to pay for the bailout in the first place?

https://leeduigon.com/2013/03/18/when-the-government-raids-your-bank-account/

It’s a pretty scary thought, really: if the government needs money, it can just go out and rob the bank. It can just take your money.

Put Democrats back in power, and watch it happen here.


‘Reality “4” Dummies’ (2016)

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Hard realities–they bite

Why is it so hard for so many people to understand that the government has no money of its own–only what it can squeeze out of us in taxes?

https://leeduigon.com/2016/09/15/reality-4-dummies/

The older I get, the more I see social engineering as a satanic enterprise, just can’t ignore the smell of brimstone anymore.

But hey, let’s all do business without making a profit and see how long we can keep that up…


The Government Has No Money

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Why is this so hard for so many people to understand? Government has no money of its own. It only has what it can take from us in fees and taxes.  Although that may be interpreted to mean the government has no money because it already has all our money and can get it anytime.

I posted a bit of whimsy last night, offering “free collidge eddication” at Fimbo State, just turn in a thousand cereal boxtops (https://leeduigon.com/2018/01/08/win-a-free-collidge-eddication/). A reader, Phoebe, was quick to point out that it wasn’t really “free,” because you’d have to buy all that cereal. And still pay the taxes that fund the school.

How many times have I heard parents say they have to send their kids to wretched public schools because “It’s free”? How many times have we heard lame-brain leftid politicians call for “universal tuition-free college”? And then there’s the crowning idiocy, the “universal guaranteed income.”

But nothing comes without a cost. Wealth is created by people working to provide goods and services to others who want them and are willing to pay for them. It is not created by the government. It is not found growing on trees or scattered on the ground like mannah. If something is “free” to you–a welfare check, say–you can be sure that someone else is paying for it. You are either paying a not-very-subtly hidden cost yourself, by paying, for instance, local school tax, or someone else is paying.

Nobody creates wealth by sitting in a college classroom or staying home to play video games. The more people who are doing things like that, the less wealth is being created. And those who are creating it are forced to support those who aren’t. Potlatch Nation has no future but universal poverty.

Why is that so hard to understand?


Reality ‘4’ Dummies

Here are a few basic principles of reality that are often ignored. They bear repeating. But be warned: you can’t embrace reality and still be a liberal.

1. Government has no money of its own. It only has what it can extract from us in taxes. All the money that comes out of government–stuff like food stamps, housing subsidies, state and federal aid to education–came in to the government through somebody’s paycheck. Yours, for instance.

2. If you can’t make a profit, you can’t do the business. The 2016 Democrat party platform calls for reining in those dadburned profits. How dare they make a profit? But the non-negotiable truth is that if a business cannot make a profit, it cannot exist. And don’t bother with the clever riposte, “Oh yeah?? What about the non-profits? Huh? How come they do just fine? Huh? Huh?” The non-profits survive because the government supports them–with your money.

3. No one can afford to pay anyone $15 an hour to pick up litter in the parking lot. Democrats–sorry to be picking on them, but they’re the ones who declare war on reality–want the minimum wage to be $15 an hour. If that ever happens, there will be no jobs, none at all, for young or unskilled labor.

4. Reality is real and it doesn’t matter what you think or say to the contrary. Try walking over an open manhole that you say isn’t really there, and see what happens. Really, this whole “social construct” business has gone more than far enough. Men are men and women are women no matter what you do to them surgically or pharmacologically: every cell of a man’s body will continue to have none but male chromosomes, and a woman’s cells will have only female chromosomes. That cannot be changed.

Libs like to call themselves “reality-based” because they believe in Evolution, whatever it is, and other Scientific Truths. Pathetic, isn’t it? But liberalism is an amusement that has a very high price tag for the rest of us, and it’s time we started refusing to pay.

 


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