Daily Archives: July 6, 2008

Legislators Must Stop Diverting Revenues From The Gasoline Tax


Legislators Must Stop Diverting Revenues From The Gasoline Tax


It may be old news, but that does NOT mean it

The House I Live In


The House I Live In


America is a nation of losers. It

Toto, I Don


Toto, I Don

Governments Cannot Create Wealth


Governments Cannot Create Wealth


Governments cannot create wealth.


But neither can people create very much wealth without intelligent people in charge of government that know the difference between money and wealth.


A person on the government payroll may or may not create wealth. A teacher does not create wealth, but he/she plays a critical roll in the education of its citizens so that with jobs they can create wealth.


A policeman on the government payroll does not create wealth, but one of his jobs is to protect wealth.


Many people confuse money with wealth. Money is a public utility that distributes wealth. Money by itself is not wealth. Picture yourself on a desert island with a billion dollars and no way to get off the island to buy food. How wealthy would you be?


The wires in the power line are not electricity but only the utility that makes it possible to use the electricity.


The money in your pocket or bank account is not wealth but only the public utility that makes it possible for you to use the wealth produced by someone else.


The thermometer is not heat. The barometer is not air pressure. Rising prices is not inflation. Rising prices indicate how much the money supply has been increased or inflated.


Tinkering with any of these measuring devices will not control any of the things that they measure. Messing with prices between the different things we buy is totally a waste of time until the quantity of money is brought under control. 


When the Spanish took the gold to Spain after the discovery of America, prices went up all over Europe. When gold was discovered in Alaska, prices went up. When it was discovered in California, prices went up. Prices always go up with an increase in the money supply unless there is an increase in production of goods and services to absorb the extra money. There are no exceptions to these facts concerning money and price.


Money in the United States is apparently out of control. Unless our Congress takes the necessary steps to bring it under control, we are on our way to the hyper price increases that happened to Germany in the 1920-30s when a million marks would only buy a loaf of bread.


Worrying, fussing, cursing, and screaming about the price of gasoline is an exercise in futility. All prices will continue to go up, some more than others, until our government gets money under control through some or all of the following:


1. An export tax on the sale of our productive wealth to stop the selling of factories, farms, forests, and any other wealth that is used to produce goods and services.


2. A 90-percent graduated tax bracket on net incomes of a $100 million or more. This would still leave about $35 million to spend and invest in the production of goods and services.


3. Get rid of all tax cuts and tax-exempt gimmicks used to get out of paying taxes.


Klan Unstoppable In 1922 Senate Election


Klan Unstoppable In 1922 Senate Election


“Farmer Jim” Ferguson spent July 4, 1922, politicking at patriotic picnics in East Texas, but even the champion campaigner had his work cut out for him if he hoped to beat not one but two Klan-supported candidates in the race for the U.S. Senate.


Revived in Georgia in 1915, the Ku Klux Klan was exported to Texas five years later. In record time, the hooded order became the most powerful force in Lone Star politics. Although membership never exceeded 140,000, a microscopic three percent of the state population, the KKK could count on thousands of Texans to follow their lead come Election Day.


Encouraged by the failing health of five-term incumbent Charles Culberson, five different challengers filed for the 1922 Democratic Senate primary. Leading the list were James E. Ferguson, the impeached former governor who still packed a political punch in the countryside, and two reputed Klansmen: ex-congressman R.L. Henry and railroad commissioner Earle B. Mayfield. While Henry proudly boasted of his KKK affiliation, Mayfield played it close to the vest and stayed shrewdly silent on the subject.


The opening primary featured a strong first-place showing by Mayfield, who drew 30 percent of the vote, with Ferguson making the runoff by edging the incumbent Culberson for second. Gov. Pat Neff condemned both as unfit for the high office, but most prominent Democrats such as Sen. Morris Sheppard chose Mayfield, a prohibitionist, as the lesser of two evils over Farmer Jim, an unabashed “wet.”


Unusually nasty name-calling produced a heavy turnout for the next round of balloting on the last Saturday in August 1922. In contrast to brother Klansmen that went down to defeat in three other contests, Mayfield rode an anti-Ferguson backlash to a surprising 50,000-vote victory.


The nomination of the closet Klansman stunned Democratic Party regulars, especially liberals who had failed to take the Mayfield movement seriously. With seven short weeks until the general election in November, disaffected Democrats gathered in Dallas to select their own candidate.


The day before the meeting, Republicans endorsed sight unseen the impending choice of the so-called “Independent Democrats.” Still an ineffective minority a half century after Reconstruction, the GOP was ready to rally around a rebel Democrat so long as he was “a clean honorable man who is opposed to the Ku Klux Klan.”


Naturally no Democratic office-holder in his right mind was willing to risk his career by going against the party

Mr. Obama


Mr. Obama

The Separation Of Church And State



The Separation Of Church And State


It is beautifully ironic, I think, and completely unique among the nations, that although most of our Founding Fathers believed in the divine providence of God, prayed to the Almighty, and many were church members, they absolutely refused to yield to the pressure to bind the nation to the Christian religion by using Christian theological language in the Constitution or by otherwise making a connection. They chose instead to carefully separate church and state in section 3 of Article VI and Amendment I. That was a good thing. It was a stroke of genius. It has served us well.


As far as I know, they never gave any explanation for their decision. These are some clues, however. Because of who they were, it is obvious that the framers of the Constitution had great respect for religion and the importance of it in the lives of the people. They also understood that the state had no business having third-party involvement in a relationship that rightly belongs to God and individual persons.


In a document called, “A Memorial and Remonstrance Against Religious Assessments,” which Madison wrote in opposition to Patrick Henry

Thomas Friedman


Thomas Friedman

Don


Don

AARP Calls For Real Insurance Reform


AUSTIN

Panty Worship


Panty Worship


The Lone Star Iconoclast

Jesse Helms: A Death Too Late


Jesse Helms: A Death Too Late


As Uncle Hugh used to say, “”Standing up for what you believe in is fine, but at one time or another just about ever

Dungeons & Drag


DALLAS, Texas

Tall Tales Of Texas


DALLAS

Salado Legends

SALADO, Texas

The AuCoin Report: News Briefs from the Great Outdoors


News Briefs from the Great Outdoors


June 2008


Caladesi Island picked best beach in America


Dunedin, Florida

Catfish Tourney At Lake Fork July 12, 13


LAKE FORK, Texas – Sealy Outdoors announces a catfish tournament worth more than $60,000 in cash and prizes July 12 and 13.


The 5th Annual Lake Fork Big Catfish Splash

Senate Committee To Hear Fence, Real ID Concerns


Fewer Grads Learning Money Mgmt. Skills


WASHINGTON, D.C.

Cornyn, Hutchison Sell Out Doctors — Groups Withdraw Endorsement


Groups Withdraw Endorsement


AUSTIN, Texas Sen. John Cornyn has felt the scorn of two Texas-based doctor’s groups for his vote against a Medicare funding bill. First it was the Texas Medical Association; now the Border Health Caucus has withdrawn its endorsement of the Republican, too.


El Paso physician Manuel Acosta, chair of the Border Health Caucus, said it best in a letter to the incumbant seeking re-election:


“The Texas Medical Association Political Action Committee (TEXPAC) is outraged that you made the decision to follow the direction of the Bush Administration and voted to protect health insurance companies at the expense of America’s seniors, those with disabilities, and military families,”


In essence, both Cornyn and Sen. Kay Bailey Hutchison broke their promises to support funding their pay through Medicare reimbursements, Acosta explained. The bill fell short of passing by one single vote.


The Caucus represents over 9,000 physicians across South Texas.

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