I ‘Liberated’ this from Young Americans for Liberty facebook page.
Category Archives: Socialism
The grey economy
The Sydney Morning Herald reports
The grey economy: how retirees rort the pension
ELDERLY Australians committing welfare fraud on a massive scale are behind the extraordinarily high number of $100 notes in circulation, a former senior Reserve Bank official says.
Yesterday the Herald revealed there are now 10 $100 notes in circulation for each Australian, far more than the more commonly seen $20 notes.
One popular explanation is that they are used for illegal transactions as part of the cash economy, something the former Reserve official, Peter Mair, rejects as a “furphy”.
In a letter to the Reserve Bank governor, Glenn Stevens, dated July 4, Mr Mair laid the blame squarely on elderly people wanting to get the pension and hiding their income in cash to ensure they qualified for the means-tested benefit.
“The bank is basically facilitating a tax avoidance scheme by issuing high denomination notes,” he told the Herald. “They are not needed for day-to-day transaction purposes, or even as reasonable stores of value.”
His best guess is the average pensioner couple could hold up to $50,000 in undeclared $50 and $100 notes to get access to the pension.
Mr Mair said that in 1996 when the green plastic $100 note replaced the grey paper note, the Martin Place headquarters of the Reserve received regular visits from retirees wanting to withdraw large quantities of the new notes. He said the commercial banks had sent them to the Reserve because they did not have enough $100 notes on hand.
Mr Mair said the return for an Australian close to getting the pension who held $10,000 in cash, rather than declaring it, was “enormous”.
“If putting it under the bed or in a cupboard means you qualify for the pensioner card, you get discounted council rates, discounted car registration, discounted phone rental – in percentage terms the return is enormous,” he said.
Mr Mair used comparisons of the holdings of large-denomination currency in Australia and New Zealand to back his argument. “In broad terms the average value of notes held by New Zealanders is about one third of the $2000 held by Australians – almost all of which by value is in the $50 and $100 denominations,” he wrote in his letter.
“An obvious explanation for the difference is means test-free age pensions in New Zealand.”
I’m not at all surprised to read this. Examples of the Law of Unintended Consequences appear in the news on a daily basis. Why? Because unjust laws create perverse incentives. It’s that simple. But not quite as simple as Mr Mair, who really has no freaking clue.
His letter to the governor proposes phasing out the $100 and $50 denominations.
“Cards and the internet have delivered a body blow to high-denomination bank notes. They are redundant,” he said. “There is no longer any point in issuing them except to facilitate tax dodging. The authorities would announce that from, say, June 2015 every $100 and $50 note could be redeemed but no new notes would be issued. After June 2017 every note could only be redeemed at an annual discount of 10 per cent. It would mean that after two years, each $100 note could only be redeemed for $80, and so on.”
The letter acknowledges the proposal would be contentious and says it should not be done “in any way precipitously”, but as payments become more electronic it will become inevitable.
“What would remain in circulation are coins and a modestly expanded issue of currency notes in the $10 and $20 denominations. There is every reason to expect that a national currency issue of this character would soon be adequate.”
How thick is Mr. Mair? How thick is a bundle of bank notes? $10,000 in cash in $100 notes is 100 notes. That’s half an inch. $10,000 in cash in $20 notes is 500 notes. That’s two inches more.
Give ’em an inch …
Freedom: A Hollow Platitude In America.
Romney Vows to fight Marijuana Legalisation “Tooth and Nail”.
Romney: Populist Nazi Tyrant.
Yet another reason to see the Competition between Republicans and Democrats as being a means of maintaining the Evils of the Status quo.
This proves The Constitution is meaningless.
Freedom is a hollow Plattitude in America.
A vote for either Democrat or Republican is a vote for Socialist Tyranny.
Standing up for Justice more important than Personal Ambitions
Independent Libertarian and Christian Tim Wikiriwhi Supporting the Hamilton Boobs on Bikes Parade 2011.
This picture was posted to the Treatygate Facebook page by a Racist radical separatist with the intension of discrediting me. These are the sort of dirty tricks these Degenerates practice rather than presenting a valid argument.
Some of the people at Treatygate may buy into this ploy.
One of the most difficult problems with selling Liberty, equality, for all is that it behooves Libertarians like myself to defend unpopular minorities from ‘mainstream/ popular phobias and prejudice.
So few are the number of people who truly desire freedom and equality before the Law…for everyone.
Most people want liberty for themselves yet also want the state to oppress those groups whom don’t share their personal values.
Yet The truth is I am utterly unashamed of my support for Boobs on bikes.
If I was more concerned about posturing as a conservative…more concerned about winning votes and my personal political ambitions than standing up for justice I would never have walked down that street holding up that sign!
I would never have attended Jay Days.
I would never have made submissions in defense of the rights of prostitutes.
I would never have argued to end the war On drugs for years through letters to the Papers , and on the many election campaigns, etc.
It is true that I would love to get elected so that I could play a more important role in defending Liberty and the rights of individuals from socialist oppression, yet my political aspirations cannot be at the expence of justice…. not at the expence of selling out the oppressed… reviled…Fringe dwellers! I have always subordinated expedience to Idealism.
Im not a Politician!
I’m an idealist.
I dont believe politics ought to be about compromise or expedience….before principle.
The personal cost has been political isolation and redecule from all quarters.
It has been a hard road, yet if Lance thought that this photo associating me with Strippers would embarrass me …he picked the wrong guy!
My life is an open book.
Anyone who doubts this obviously does not know me at all.
Even this Blog is a testament to my refusal to pander to the sentiments of the Herd.
In God I Trust.
What matters to me is that I set a Good example for my children, and that My life has been of service to God my Father.
My teasure is in Heaven.
I wrote this response to Lance…
” Where did you get this Photo of the Hamilton boobs on bikes parade? Do you have any more? I am puzzled why you would post this photo to Treatygate. I can only think it was in the belief that it would somehow discredit me? You…do know that I am a Libertarian Christian… and that as such I have defended the liberty of unpopular minorities from Mob bigotry and oppression.??? Thus I put justice before any concern that my activism may offend the average Wowser.
My intension at this Parade was to explode the myth that Christianity demands prudish bigotry and an obligation to legislate morality…and persecute infidels.
Here you see me defending liberty from the notion that the government/ council has the right to act like the Taliban…”
Thus as strange and contrary to common understanding as it may seem to many… In this Photo I am implementing my Christian ethics… to be quick to stand up for the oppressed, to oppose tyranny where ever it appears, I am testifying to the truth That Christianity is not about Legalistic oppression of Non-Christians… but about ‘Freedom, Grace, and loving my Neighbor as myself…
Like My Savior whom I seek to emulate you will not find me sitting with the self righteous, but with the publicans and sinners… The Pot smokers… The Prostitutes…
And I will be the first to admit I greatly prefer their company to that of the Vipers… The Self-righteous hypocrites… The Anti-freedom Bigots… The Pharisaic Legalists!
2010…. check out at 43 second mark 🙂
Update: 11/15
Ban Corporate Profits
Am I my half-brother’s keeper?
On the campaign trail earlier this year, U.S. President Barack Obama said
I hear politicians talking about values in an election year. I hear a lot about that. Let me tell you about values. Hard work, personal responsibility–those are values. But looking out for one another. That’s a value. The idea that we’re all in this together. I am my brother’s keeper. I am my sister’s keeper. That’s a value.
In a Fox News editorial last month, Christian author and political commentator Dinesh D’Souza wrote
A few days ago I received a call from a man I recently met named George. He was a bit flustered, and soon informed me that his young son was sick with a chest condition. He pleaded with me to send him $1,000 to cover the medical bills. Since George was at the hospital I asked him to let me speak to a nurse, and she confirmed that George’s son was indeed ill. So I agreed to send George the money through Western Union. He was profusely grateful. But before I hung up I asked George, “Why are you coming to me?” He said, “I have no one else to ask.” Then he said something that astounded me, “Dinesh, you are like a brother to me.”
Who is George? In his own words
I … live in one of Africa’s biggest slums, along with some 4.5 million others. We have little or no access to health care, no welfare, and no free schooling. The average income is less than $5 a day—and that’s for those who find work as servants, taxi drivers, or garbage collectors. For the rest, there is nothing.
Along with some fellow slum dwellers, I set up a youth group for ghetto kids. My passion was football (soccer), which is followed religiously throughout Africa. When we first established the Huruma Centre Football Club, none of our kids had so much as a pair of football boots, let alone any uniform. Some were so hungry when they turned up that they had no energy to play. At other times, the team had to trek for miles to matches because we couldn’t afford any transportation. In spite of all that, our players were passionate, and we started winning. …
George Obama is Barack Obama’s half-brother.
Nanna Knows Best… The Socialist Gospel of Salvation via Totalitarianism.
Oh The Humanity!
Two adults wasting their own money! … Persuing their own happiness!
Isn’t Liberty Terrible!
Surely this is proof enough that we dont have enough Regulations!
John Ansell’s Challange To End Racist Government In New Zealand.
John Ansell has laid down a Challenge to Achiever Maori… Here. … and includes All New Zealanders ‘with a Spine’.
I endorse this challenge.
To My Maori Family and Friends. Understand that Political equality takes nothing away from Maori except Racism and Hatred. Under Liberty and equality you can still embrace who you are to the fullest extent. Stop allowing the deluded and hypocritical Racist Radicals to poison your souls with hate mongering lies. Liberate Yourselves from being used as pawns by those Political Fat cat Maori Racists whom have Got money and Power by turning you, your families, and your friends into The brown equivalents of White supremacists… heads filled with the same kinds of distorted history and Racist delusions.
And to my Pakeha Family, and friends I ask you to snap out of your wooly headed acceptance of Waitangi Racism, and the separatist system of Government.
You are just as Bad as the Racist Maori radicals because you sanction their lies and embrace their corruption. I call upon you to stop voting for politicians and political parties which support Racist Laws and Government. Liberate yourselves and your children from being treated as second class Subjects in your own country!
Please everyone support John Ansell’s movement to End Waitangi Apartheid!
Tim Wikiriwhi.
Christian Libertarian.
Maori Renaissance… *EPIC FAIL!*
What a joke The ‘Renaissance in Maori culture and treaty settlement process is! All the Billions of dollars and assets of the so-called ‘Maori economy’ are enjoyed by the Aristocracy while the average Maori tribesman are just the miserable chumps wallowing in racism , dependence, and poverty!
According to the NZ Herald despite all the Political favoritism and Nannyism, The Income Gap between Maori and Pakeha continues to widen.
Yet what would you expect?
Learning TeReo Maori, and doing The Haka don’t have any economic value Homie!
The whole ‘Treaty partnership’ is a massive joke at the expense of all New Zealanders esp the foolish Maori whom are being deceived by the Political Class shyster Maori Lawyers and Elite into supporting the Separatist movement.
When will you understand that the only people oppressing you are your own leaders who fill your heads with race hatred and ensnare you in a victim mentality?
The average Maori would be much better off keeping their cultural interests as private pleasure, forsaking all the Race hatred and ‘blame’ that the separatists cultivate, and instead encourage their children to stand on their own two feet as individuals and take responciblity for their own well being… stressing the importance of the study English, Math, Engineering, etc.
Then watch a liberated Modern Maori make their escape from the Racist lies and delusions and compete as equals in the world.
This is how Moari must seek to improve their Economic lot (and escape the ethical poverty which sees them filling Jails, hospitals, and morgues).
By Hard work and self reliance. Socialism is a scam! A Trap. A complete failure!
Important note: I am not saying Maori people ought to completely forsake their culture. I am saying the Bogus Political Agenda, racial separatism, and its fabrication of a false Renaissance has led Maori down a very dark and deluded path.
And that they must stop following their Evil racist leaders who pretend to have the ordinary Maori’s best interests at heart when in reality they only give a damn about themselves.
Milton Friedman- Case Against Equal Pay for Equal Work.