Mark and Aracelis Thompson's Blog (13)

I am an insignificant blogger out there who is in desperate need of your re-education camps you will soon be setting up. Much like the communist did in Cambodia and Vietnam after the conflict ended in 1975. You see while I had government indoctrination in my primary and secondary education it seems as though the propaganda didn’t take hold in me. I had further government education for my bachelors and masters degree programs but some of the professors were not as complicit as my previous… Continue

Orlando Tea Parties Posted by Economics9698 at 10:20 PM | http://fountainheadzero.com/ http://usa-wethepeople.com/ This past July 4th, 2009 Orlando had the privilege of hosting two taxed enough already parties. The first was at the Amway Arena better known as the home of the Orlando Magic basketball team. The second was at Orlando Festival Park. Some local conservative republican gave speeches from the steps of the Amway Center most notably Todd Long. The speeches from the Republicans are… Continue

Mises Daily by Eric M. Staib | Posted on 6/17/2009 12:00:00 AM



Facing a historic national debt that President Obama correctly characterized as "unsustainable," yet still desiring to implement some sort of national health-care package, US policymakers, notably Budget Committee Chairman Kent Conrad and former Federal Reserve Chairman Paul Volcker, have recently hinted at the possibility of a national sales tax. More specifically, they hint at possible implementation of a national… Continue

Supporter of the Fair Tax need to be cognizant of a couple of huge factors that will derail the movement in a heartbeat.



First as pointed out my me and other economist the growth of the monetary base to unprecedented proportions means high inflation, maybe even hyper inflation of 50% or more per year, and massive economic and social disruption.



Here is a link to the WSJ article by Arthur… Continue

As I and others have predicted the Washington politicians are using the fair tax movement to push for a value added tax of 25%. For those not familiar the VAT is a hidden 25% tax on all goods and services that everyone pays. It would be at best neutral and at worst regressive. This tax would be just another tax along with the income and corporate taxes.



Fair Tax folks need to very quickly associate their movement with a constitutional amendment eliminating ALL other federal taxes… Continue

Mises Daily by Thomas J. DiLorenzo | Posted on 5/13/2009 12:00:00 AM



The purpose of government is for those who run it to plunder those who do not. Throughout history, governments have used violence, intimidation, coercion, and mass murder to enforce this system. But governments' first line of "defense" is always a blizzard of lies — about its own alleged benevolence, altruism, heroism, and greatness, along with equally big lies about the "evils" of the civil society, especially the… Continue

By Raymond Richman, Howard Richman, and Jesse Richman On April 21, the International Monetary Fund (IMF) projected (see the World Economic Outlook, pp. 36-37) that the US foreign debt will increase from about 4.5% of world GDP in 2007 to about 9% in 2009. Given that the US foreign debt was 17.7% of US GDP at the end of 2007, this means that our foreign debt will be about 35% of US GDP by the end of this year as shown in the red line on the graph below US foreign debt tends to increase when the… Continue

The Declaration of Independence of the United States of America invokes the self-evident truths that all men are created equal and are endowed by their Creator with certain inalienable rights, that governments are formed to protect these rights and gain their just powers from the consent of the governed, and that when a government becomes abusive of these rights, it is the right — no, it is the duty — of the people to alter or abolish that government.



To say governments were formed… Continue

Thanks to grass roots, Republicans, Fox, Rush, Democrats, Boortz, Libertarians and the thousands of local organizers the Tea Party Revolt was a huge success. The fascist in Washington downplayed the protest. So be it. Like in any contest there is not enough time to worry about the other side. Let the intelligence operations in the Republican Party worry about the fascist in Washington. Real change will have to come from outside Washington and that is where the protest is… Continue

Posted by Economics9698 at 10:49 PM | This past Saturday April 11th another Fair Tax rally took place thanks to the dedication of radio personality Neil Boortz and Congressman John Linder. Both these fine decent citizens have donated countless hours for this effort. I would like to thank them and all those who put together these efforts to create a fair tax system for all Americans. Everyone involved is truly a patriot. And now the not so obvious observations from the mischievous mind of a… Continue

As I watch Glen Beck on television a nd radio personality Robert D. Raiford of the John Boy and Billy show struggle with economics and the different messages they get from economic “experts” I will struggled to explain in layman’s terms as best I can. What is really going on with all these economics and why the information is so different from one source to the next? I will do my best to make what is occurring as clear as possible.



Glen Beck struggles with the concept of the Federal… Continue

"The Washington Freak Show" Part VI: Barrack Obama

Posted by Economics9698 at 12:05 PM | Labels: By Economics9698, Opinion, Politics



Barack Hussein Obama II is the President-elect of the United States of America. The first African American to be elected President of the United States, Obama was the junior United States Senator from Illinois in 2004 and served until his resignation on November 16, 2008, following his election to the Presidency. His term of office as the… Continue

Gingrich Predicts Third Party in 2012



Posted by Economics9698 at 3:09 PM |



Finally the Republicans are seeing their demise spoken from the lips of one of their own. Thank you Mr. Gingrich for being honest with your fellow comrades. The Republican Party died the day former president Bush signed the first bail out of $152 million in the form of rebate checks to the American taxpayers.



February 13, 2008 was the day the Republican Party surrendered any last shred of… Continue