New Mexico Liberty

Life, Liberty, Politics and Policy in the Land of Enchantment!

Current mood: amused

New Mexico Turn Around posts a challenge for the rest of us
CHALLENGE: In 100 words suggest a solution for the economic mess toward which we head.
Oh, really?

Here's my response — let's see if I actually need the full 100 words . . .
  1. Cut spending across the board — no special handouts for anyone.
  2. Cut taxes across the board — no special breaks for anyone.
  3. Repeal regulations across the board — no special breaks for anyone.
  4. Repeal bad, wasteful laws across the board — no special breaks for anyone.
  5. Bring the troops home from Iraq, Afghanistan and everywhere else.
  6. Return to a sound money system (gold? silver?) for government transactions.
  7. Repeal legal tender laws.
  8. Repeal any law repugnant to the written U.S. Constitution or Bill of Rights.
I count 80 words.

And I dared to use That Word Which Shall Not Be Uttered In Contemporary Politics — "repeal" — not just once, but four times! Shame on me!

Reposted here

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Mike,

I would add "Impose complete separation of money from state." The Constitution empowers the U.S. government to "To coin Money, regulate the Value thereof, and of foreign Coin...", but that does not mean that Congress is obligated to do so. That's 87 words now, btw. Getting rid of the government's control of the money supply would be a huge step towards stabilizing the U.S. monetary system, which is plagued now by the price controls of the Federal Reserve.
Michael Frese quotes Adam Smith as a source for his DIVISION OF LABOR that concludes, "Prices of Goods and Services are two things: the result of {those} free choices and the information that individuals need to make them intelligently." It is information with which I have a problem (and so did Adam Smith) for he also stated that if two or more men get together behind closed doors, reliable information could no longer be a certainty. When people gather together in small groups or villages as they did in Adam Smith's world, truths are much more likely to be transparent. Trying to find the "truth" in our world is almost impossible.
Exactly who should be the standard-setter concerning which bits of information are or aren't "reliable" ?

Or is that a decision that each and every one of us has to make for ourselves?

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