Looter Media Attacks

Intellectuals of the looter persuasion are quoting Eric Trump as if their cynicism could modify his observation:

“That’s been the playbook in our government for so long: distract, disrupt, hurt, bash, defame, do whatever you can for your own political gain. It’s sad that we don’t have more morals or character or whatever it is.” —Eric Trump

The rough-and-tumble at issue became serious because just as the Libertarian Party was forming, Nixon’s National Socialist Congress passed the Anti-Libertarian Campaign Bribery law of 1971.  Two decades later,  a non-Kleptocracy candidate had this to say about the way the Altruist Broadcasting Corporation, Nationalsocialist Broadcasting Corporation and Communist Broadcasting Service (the dirty tricks guys) were attacking him in October of 1992:

Yes Ross Perot helped the entrenched looter kleptocracy divert voters away from the Libertarian Party. He was repaid in government cash subsidies taken out of the pockets of many honest working people who would rather not coerce anyone.  Perot reinforced the superstitious ignorance that caused These States to export brutal prohibitionism to South America, confident that would destroy the economies of Brazil, Colombia, Ecuador and Bolivia while setting up a fascist dictatorship in Peru. It is true that Reagan Administration manipulation of prohibition and tax laws did wreck a prohibition-created source of cash then fueling communist expansion. But the process corrupted the entire Mexican government into a huge 1930s Chicago.

Spoiler votes cast for Ross Perot unfrocked the more fanatical zealots the way The Liberal Party platform had in 1932. Perot’s spoiler votes reversed deficit spending and led to a surplus just as George Wallace spoiler votes turned Republicans into ku-klux Dixiecrats before the election subsidies law. The Clinton years were prosperous thanks mostly to the policy changes caused by Ross Perot spoiler votes. The looter press, naturally, thanked The Kleptocracy.

So yes, Eric Trump, you observe correctly, and you can do something to improve the situation. Vote Libertarian in the mid-term elections. Tell fake media that the Nixon Media Subsidies to favor the entrenched parties have polluted democracy. Come clean, follow Dad’s good example and say: “Libertarianism? I like it!” The LP platform, the one that got your Dad the nomination, takes less than half an hour to read. Borrowing our energy and Second Amendment planks landed you in the White House. I’m hoping I can count on your vote NOT as a token of appreciation. We both want back the cleaner elections we had before Richard Nixon altered the tax code to subsidize the initiation of force and undermine American morality.

“I like it. A lot of good points…” Those words guaranteed that the desperate, destitute and dishonest Gee Oh Pee urinalysis party would nominate Donald ten months later. That got Republicans government jobs, paychecks–and opportunities to have younger men violently put to death on both sides of the planet.  Three will get you five that that looter cartoonist will not quote your mention of the LP on his mudline fed by subsidized media pets.

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The Underground Economy

callrate03_1929

In the absence of economic freedom, the visible economy rests upon the foundations of an underground economy.

Chapter 44

Call Money Rates

            It was against this background that call money rates jumped to 12% during the first week of March. This happened after Dr. Kenneth Phillips signed an affidavit stating that his patient Al Capone was too ill to answer a March 6 grand jury summons for questioning on January’s Chicago Heights raids. That same day, Arnold Rothstein’s old bodyguard, Thomas “Fatty” Walsh was killed at the Miami Biltmore.[1] Rothstein’s stockbroker friend George Graham Rice, already on trial since January for stock fraud was indicted March 8 for income tax evasion—for which his attorney, former judge Rockwood, was already headed for prison.[2]

President Hoover unexpectedly announced that his planned Commission on Law Enforcement would look at all laws, not just prohibition of narcotics and alcohol.[3] President Hoover enjoyed lunch with Texas’ driest Senator, Morris Sheppard. Also invited was New York Representative Hamilton Fish Jr.—perhaps the most active pusher for Draconian narcotics legislation.

Call rates remained stable at 6% as Hoover announced March 12 that no further oil leases on government land would be forthcoming in the aftermath of the Teapot Dome scandal. This was the day Al Capone had been rescheduled to appear before the grand jury and didn’t.[4] Then a former Ohio State Treasurer was convicted March 13 of conspiracy to bribe a federal officer. Investigation into the murder of Rothstein associate Thomas “Fatty” Walsh, continued, and Rothstein’s good buddy Sidney Stajer was finally true-billed on a narcotics violation. The Stajer arrest had been kept out of the newspapers for eight months, and even now newspapers resorted to misspelling his name. Brewer John J. Dunn, and four others were indicted for income tax evasion, and call rates resumed their steady climb through March 19.[5]

After a meeting with Attorney General William Mitchell, Hoover assured the press he did not plan any dramatic prohibition raids, but did intend to work inexorably “week by week, year by year, as rapidly as possible, to build up the enforcement of the laws of the United States, whether they relate to prohibition or narcotics or any other subject.” Newsmen who had heard the President solemnly assure farm representatives back in January that the special session would be called for the benefit of agriculture, were puzzled when Mr. Hoover added that it was “for this purpose in large degree that I called the extra session of Congress.” Prohibition and narcotics laws were enforced by US Treasury agents, and “any other subject” simply had to include the income tax law.[6]

By now there was a dawning suspicion that by “certain agricultural commodities” Hoover really meant sugar and possibly opium. As Secretary of Commerce Hoover was paid to monitor the recent increases in the domestic corn and beet sugar markets. Of course the former Food Czar of wartime prohibition could certainly guess the purpose of all that yeast. Hoover’s strategy appears to have been twofold: one side of the pincer movement was to enact as prohibitive a tariff on sugar as possible. With supplies from abroad thus curtailed, the job of cracking down on domestic sugar and yeast producers—throttling off moonshine liquor at the source—would be easier. All of this depended on Congress promptly and obediently passing the tariff revisions to Hoover’s specifications. Hoover repeated his intentions in his April 16 message to Congress, again with no hint that he was concerned with the sugar rates and little else.[7]

Hoover had another meeting March 19—this one with Commissioner Doran and Levi G. Nutt of the narcotics section. Article 22 of the League’s Geneva Opium Convention of 1925 required treaty nations to turn in statistics on narcotic and drug production, manufactures, consumption and stocks before the end of March each year. It is a safe bet this information was studied by major participants in narcotics production, traffic and enforcement.

The following day brought the filing of opinions in the Illinois Alcohol case, along with the issuance of 33 subpoenas. That same day Al Capone finally appeared before the federal grand jury at Chicago eight days late. The Federal Reserve Board—by now caught between hostile Congressmen and increasing brokers’ loans—was also in a meeting nervously fretted over by brokers and bankers. Just as nervously fretted over were the additional 17 subpoenas issued March 21 and 22 in connection with the Illinois Alcohol case, bringing the total to 51 in three days.[8] But other meetings on the high seas and in an Aurora, Illinois home carried more explosive portent.

[1] (Bergreen 1994 325) (CT 3/22/30 2)

[2] (NYT 3/3/29 19; 3/8/29 14:4; 3/26/29 33)

[3] (Hoover 1930 1976 639)

[4] (Myers & Newton 1936, 375-376) (Schoenberg 1992 223)

[5] (NYT 3/12/29 31; 3/15/29 12)

[6] (Hoover 1929 1974 732, 36, 5, 77)

[7] (WSJ 1/21/29) (Hoover 1929 1974 75, 77)

[8] (Docket 11070 4)

Nixon’s anti-Libertarian Law

nixon1960aHere is how President Richard Nixon, after decreeing wage and price controls over the US economy destroyed by the Democratic and Republican parties’ undeclared war against “Godless Communism” in Vietnam, resorted to taxation and political subsidies in an effort to destroy the Libertarian Party. The following law was passed by the Republicans and Democrats and signed by Nixon on December 10, 1971.

It begins with TITLE VII–TAX INCENTIVES FOR CONTRIBUTIONS TO CANDIDATES FOR PUBLIC OFFICE (You may read the full law online and see just who benefits from the tax subsidy). The more important part is:

TITLE VIII – FINANCING OF PRESIDENTIAL ELECTION CAMPAIGNS


SECTION 801. PRESIDENTIAL ELECTION CAMPAIGN FUND ACT.

The Internal Revenue Code of 1954 is amended by adding at the end thereof the following new subtitle:
“Subtitle H – Financing of Presidential Election Campaigns (…)
“SECTION 9002 DEFINITIONS.
“For purposes of this chapter –
“(1) The term ‘authorized committee’ means, with respect to the candidates of a political party for President and Vice President of the United States, any political committee which is authorized in writing by such candidates to incur expenses to further the election of such candidates. Such authorization shall be addressed to the chairman of such political committee, and a copy of such authorization shall be filed by such candidates with the Comptroller General. Any withdrawal of any authorization shall also be in writing and shall be addressed and filed in the same manner as the authorization.
“(2) The term ‘candidate’ means, with respect to any presidential election, an individual who (A) has been nominated for election to the office of President of the United States or the office of Vice President of the United States by a major party, or (B) has qualified to have his name on the election ballot (or to have the names of electors pledged to him on the election ballot) as the candidate of a political party for election to either such office in 10 or more States. For purposes of paragraphs (6) and (7) of this section and purposes of section 9004 (a) (2), the term ‘candidate’ means, with respect to any preceding presidential election, an individual who received popular votes for the office of president in such election.
“(3) The term ‘Comptroller General’ means the Comptroller General of the United States.
“(4) The term ‘eligible candidates’ means the candidates of a political party for President and Vice President of the United States who have met all applicable conditions for eligibility to receive payments under this chapter set forth in section 9003.
“(5) The term ‘fund’ means the Presidential Election Campaign Fund established by section 9006 (a).
“(6) The term ‘major party’ means, with respect to any presidential election, a political party whose candidate for the office of president in the preceding presidential election received, as the candidate of such party, 25% or more of the total number of popular votes received by all candidates for such office.
“(7) The term ‘minor party’ means, with respect to any presidential election, a political party whose candidate for the office of President in the preceding presidential election received, as the candidate of such party, 25% or more of the total number of popular votes received by all candidates for such office.
“(7) The term ‘minor party’ means, with respect to any presidential election, a political party whose candidate for the office of president in the preceding presidential election received, as the candidate of such party, 5% or more but less than 25% of the total number of popular votes received by all candidates for such office.
“(8) The term ‘new party’ means, with respect to any presidential election, a political party which is neither a major party nor a minor party.
“(9) The term ‘political committee’ means any committee, association, or organization (whether or not incorporated) which accepts contributions or makes expenditures for the purpose of influencing, or attempting to influence, the nomination or election of one or more individuals to Federal, State, or local elective public office. (…)

“SECTION 9003. CONDITION FOR ELIGIBILITY FOR PAYMENTS.
“(a) IN GENERAL – in order to be eligible to receive any payments under section 9006, the candidates of a political party in a presidential election shall, in writing –
“(1) agree to obtain and furnish to the Comptroller General such evidence as he may request of the qualified campaign expenses with respect to which payment is sought,
“(2) agree to keep and furnish to the Comptroller General such records, books, and other information as he may request,
“(3) agree to an audit and examination by the Comptroller General under section 9007 and to pay any amounts required to be paid under such section, and
[page 565] “(4) agree to furnish statements of qualified campaign expenses and proposed qualified campaign expenses required under section 9008. (…)
SECTION 9004. ENTITLEMENT OF ELIGIBLE CANDIDATES TO PAYMENTS.
“(a) IN GENERAL. – Subject to the provisions of this chapter –
“(1) The eligible candidates of a major party in a presidential election shall be entitled to payments under section 9006 equal in the aggregate to $0.15 multiplied by the total number of residents within the United States who have attained the age of 18, as determined by the Bureau of the Census, as of the first day of June of the year preceding the year of the presidential election.
“(2) (A) The eligible candidates of a minor party in a presidential election shall be entitled to payments under section 9006 equal in the aggregate to an amount which bears the same ratio to the amount computed under paragraph (1) for a major party as the number of popular votes received by the candidate for President of the minor party, as such candidate, in the preceding presidential election bears to the average number of popular votes received by the candidates for president of the major parties in the preceding presidential election. (…) STATUTE 85 PAGE 497.PDF

Following this unnecessary legislative incentive for the media to completely ignore the LP–unnecessary because TV oligopsony had chosen only two of 17 candidates for the Nixon-Kennedy debate–the law created, in CHAPTER 96, the PRESIDENTIAL ELECTION CAMPAIGN FUND ADVISORY BOARD, to which, by definition, only Democratic and Republican politicians (plus three placeholder shills) may be appointed. Observe that only the decrepit GOP and Dems, defenders of communism and chattel slavery respectively in their youth, qualify as “major” parties. The secret ballot in the hands of the looter party oligopsony effectively guaranteed, with this law subsidizing the fossils and penalizing new directions, that vote fraud would give spavined political soft machines absolute political power and nullify the salutary effect of  small-party spoiler votes–the source of all political change, for good or ill.

For comparison, the Communist Manifesto was published in English in 1850 in The Red Republican. Its Plank 2, a progressive income tax, was enacted by presidential fiat 12 years later, for about 10 years. Word of its impending revival caused the Panic of 1893 and the Supreme Court struck the tax down down in 1895 to stop general financial collapse. The Communist Manifesto tax was then injected into the Constitution, and its first implementation in 1914 coincided with the closing of all US stock exchanges for months.  Time elapsed from fool idea to full disaster was 64 years.

The Libertarian Party’s non-aggression principle first appeared in a 1947 letter from Ayn Rand. It framed the basis for the Libertarian party 24 years later. Nixon’s importation of Italian Fascism’s wage and price controls catalyzed the formation of the party. The “Presidential Election Campaign Fund Act,” created for the sole purpose of strangling in the crib any nascent political evolution toward freedom, passed one day before the LP was born. Mr. David Nolan founded the Libertarian Party with a group of colleagues in his home in Denver, Colorado, on December 11, 1971.

Time elapsed to-date is 44 years, but today we have the Internet and “ballot selfies” to break the stranglehold of unverifiable election fraud and political machine corruption. In another 20 years it should be possible to broadcast the non-agression principle that we “do not advocate the initiation of force to achieve social or political goals,” in all languages, abolish the income tax on individuals, and thus eliminate the major driver of sudden financial instability, warfare, and ruinous economic collapse.

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