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  Editorial  
Crushing Numbers, Hidden Taxes
Mao say, "Hip-waders necessary for next four years." - from February 17, 2009

Even though this editorial is only a few months old, the possibilities are getting closer and closer to coming true. What is so eerie about this editorial is that it isn't about the Energy lie-like-a-hooker Bill, yet it hits at the same concepts under which the Democrat-controlled house defended the moronic lies necessary to push through the largest tax bill in US History.

(Looney Tunes, DC) - The gloves are off and the Democrat BS grinders are hard at work, justifying this travesty of profligacy called a "stimulus plan." Sooner or later, though, someone is going to note that there is a vast chasm of nothingness which supports the US Dollar.

Imagine, just for a moment, that John Maynard Keynes was right - that the economy is a stable state creature in which money neither grows nor reduces. Democrats purport to be big Keynesians. The problem is that Keynes predicts inflation of this magnitude is very, very bad.

In a scholarly paper, written in 1981 by Alan C. Stockman for the Journal of Monetary Economics, the economist shows with mathematical precision that in a stable state economy, inflation acts as an anonymous tax on private citizens and removes equal amounts of cash for equal amounts of inflation. Stockman's argument fails, though, when he tries to assert that additional investment will fix this - the money has nowhere from which to be invested without increasing inflation. The result is, instead, stagflation, which proved Stockman's mistake. And most of America rejected the argument, as they had just suffered through stagflation under Jimmy Carter, which, eventually, helped to brand the hapless president as the worst in American History.

Moderates, conservatives, and libertarians know, today, that there is no such thing as a stable-state economy. Money can grow under the right stimulus. But they do agree that inflation is a shadow tax. The awful truth is, that to grow out of the inflation that has been imposed by the trillions being and to be spent by the seriously deluded people in the Nation's capitol, will take a growth rate which has been unheard of in the history of mankind - 20%-30% each year over 10 years WITHOUT INFLATION - this is not an exaggeration.

And to make things worse, that growth will have to happen not only with the shadow tax from the previous inflation, but also from newly imposed taxes that will surely come from the throne of the kings of covetousness - the Democrat-strangled congress.

And the current President wants to solve these problems with committees (!)

Silver is becoming more and more attractive as an end-game strategy for those who don't want to walk the streets with empty eyes and bellies.

This prediction was written as a warning to those who have the power to change things in 2010.. You, the voter. Jim Clyburn is in office simply because of his race. So be it. There are plenty of African Americans in South Carolina who are not lapdogs of the nanny-state. Jack Spratt is still in office because he makes noises like a moderate. He could be replaced by a fire hydrant.

One other thing. Even if we had a complete delegation of eleutherians, it would be worthless unless we get the filthy fingers of the federal government out of our state.

- Dick Anderson.      


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