Obama Goes After Upper Middle-Class Savers

Bloomberg reports:

Congressional leaders are raising to 3.8 percent their proposed new Medicare tax on investment income in the final health-care overhaul plan, a Democratic leadership aide said.

The rate is higher than the 2.9 percent President Barack Obama proposed in February. Under Obama’s proposal, the new tax would apply to income from interest, dividends, annuities, royalties, capital gains, and rents for individuals who earn more than $200,000 and joint filers reporting more than $250,000.

House Speaker Nancy Pelosi, asked today if the tax applied to capital gains, said it would be imposed on unearned income “whatever category it is.”

It would be the first time Medicare taxes would cover investment income. The current 2.9 percent Medicare levy currently applies only to salaries and is split evenly between workers and their employees.”

My Comment:

No redistribution of the ill-gotten loot of the corrupt mega banks and their government and speculator associates …loot that runs to billions. Instead, the administration goes after middle-class investment income. This is a first, and it sets an unholy precedent for the future. Does this government not get that we need to increase capital formation, not slow it down?

During Boom, Regulators Gave Themselves Bonuses For Superior Work

The Associated Press reports that the banks weren’t the only ones handing out bonuses:

“Banks weren’t the only ones giving big bonuses in the boom years before the worst financial crisis in generations. The government also was handing out millions of dollars to bank regulators, rewarding “superior” work even as an avalanche of risky mortgages helped create the meltdown.

The payments, detailed in payroll data released to The Associated Press under the Freedom of Information Act, are the latest evidence of the government’s false sense of security during the go-go days of the financial boom. Just as bank executives got bonuses despite taking on dangerous amounts of risk, regulators got taxpayer-funded bonuses despite missing or ignoring signs that the system was on the verge of a meltdown.

The bonuses were part of a reward program little known outside the government. Some government regulators got tens of thousands of dollars in perks, boosting their salaries by almost 25 percent. Often, though, rewards amounted to just a few hundred dollars for employees who came up with good ideas.

During the 2003-06 boom, the three agencies that supervise most U.S. banks — the Federal Deposit Insurance Corp., the Office of Thrift Supervision and the Office of the Comptroller of the Currency — gave out at least $19 million in bonuses, records show.

Nearly all that money was spent recognizing “superior” performance. The largest share, more than $8.4 million, went to financial examiners, those employees and managers who scrutinize internal bank documents and sound the first alarms. Analysts, auditors, economists and criminal investigators also got awards.

After the meltdown, the government’s internal investigators surveyed the wreckage of nearly 200 failed banks and repeatedly found that those regulators had not done enough…”

My Comment

How to react to this? Weep….tear your hair out?…..roll on the floor laughing….throw up?

A bit of all.

The salient points:

1. Giving bonuses/incentives for “superior performance” doesn’t work, either in the public or so-called private sector (pseudo-private). The next time anyone makes that argument, rub this article in their nose.

2. Sacking is the key. Every regulator who didn’t sound the alarm over the last decade needs to be demoted and/or sacked. At the very least, the department gets a 25% cut. Or better yet, throw out all the “financial examiners.” Obviously, the job means zip. Hire a team of snake-charmers, dancing bears, or g-stringed pole-dancers……you’d at least get a laugh for your money.

3. The only way to get any real information out of the government is through a Freedom of Information Act request.

4. “Regulatory capture” – the corruption of the government by the people it’s supposed to be regulating – is clearly only one part of the problem. The more intractable problem is bureaucratic empire-building. You don’t need other people to corrupt government officials. They carry the germ themselves, because they aren’t accountable to the market for excesses and mistakes.

5. The underlying problem is the artificial boom. It pushed prices of everything sky high and gave everyone a false sense of prosperity. Naturally, the idiots broke out the champagne and started pinning gold medals for genius on their chests.

6. The mob likes flattery. The boom flattered everyone…

Surreal India

Daily life in India grows more surreal for the ordinary man, says writer Pritish Nandy:

“You can’t afford food? No worries, we will give you a stunning cricket extravaganza with lots of movie stars and pretty cheerleaders.

You feel insecure because Maoists are now in 20 states and have killed more people than the jihadis? Don’t bother, we will buy you a $2.35 billion refurbished old Russian warship.

Your cities are crumbling under the pressure of migration because agriculture’s no longer a sustainable profession? No stress, we will build you fancy bridges and flyovers and walkways where no one will ever walk.

You can’t find a job despite all your education? No sweat, we promise 30% reservations for women in the Lok Sabha.

Increasing terrorist strikes are scaring you? Chill yaar, we will give you the perfect Indo-US nuclear deal.

Public transportation in the cities is on the verge of collapsing? Not an issue, we are building helipads at prominent locations.”

—  Pritish Nandy, “The Wonderland That’s India,”  Times of India, March 15, 2010

Steve Forbes: Fannie & Freddie Must Go, DDT Must Return

Steve Forbes points out that government subsidies in the housing market weren’t needed for Canadians to become home owners:

“The Bush Administration botched an opportunity in 2008 to put these entities in receivership, with the idea of either liquidating or privatizing them. A winding down of Fannie and Freddie would have led to a birth of new players, well-capitalized and ready and willing to buy, package and sell home mortgages–and subject to failure.

The Obama Administration won’t formally nationalize the current Fannie and Freddie because that would swell the official budget deficit. And it certainly won’t countenance the idea of privatizing them. That will have to wait until we have a Republican President. Fortunately, this individual will have a Congress with enough new members who won’t have been corrupted by Fannie and Freddie the way previous occupants on Capitol Hill were. Certainly public opinion will back privatization. In fact, the two companies should be recapitalized, broken up into at least a half-dozen entities and sent out into the real world, with no ties to Washington.

Studies have conclusively shown that Fannie and Freddie did virtually nothing to boost home ownership. Canada, for instance, has almost none of the props for housing that the U.S. has had, yet the proportion of its population owning homes wasn’t much different from that of the U.S. before the bubble.”

The article then ranges widely, moving from Michael Crichton (best-known, outside his fiction, for his skepticism about anthropogenic global warming) to the ban on DDT, which Forbes blames for a resurgence in malaria world-wide:

“Not only is malaria on the rise because we won’t use DDT to kill mosquitoes but so are other insect-borne diseases, such as dengue fever. “

My Comment:

On the GSE’s I agree with Forbes. But not on DDT, where his argument is one that activists in the field hotly rebut. Water-borne diseases, especially, are largely a product of poor sanitation.  And filthy water, they say, is also to blame for the return of malaria.

Forbes then makes the argument that DDT, properly used, doesn’t have the  bad effects attributed to it by Rachel Carson, in her seminal book, “Silent Spring.”

The operative word here is “properly used.”

(You could, after all, say as much about Credit Default Swaps. Properly used, they aren’t harmful either).

Anything can be “improperly used.” So where do you draw the line? What’s the proper use of DDT?

Experts say it should be confined to dusting the insides of homes, instead of the large-scale crop-dusting that had a toxic effect on the environment earlier. That sounds fairly reasonable, if the DDT is used along with more sustainable, local practices – draining and cleaning stagnant water and sewers, and, most important of all, improving public hygiene. Without that, chemicals are pointless in the long term.

More than half of India (to take an example) lacks access to toilets and defecates in public. Surely that fact, as well as the problem of wet waste, takes precedence in any discussion of health. That means the root of most diseases in India, including malaria, is poverty and bad habits, the solution to which really isn’t DDT, but economic development and cultural reform.

I did a piece on this called, “Cleaning House” (Alternet, Feb 5, 2004), where I discussed the phenomenon of Not In My Back Yard that prevents community best practices from being implemented on a larger scale.

“When I walk over to my nephew’s house, only a mile and a half away in a rural campus, my journey has a Victorian arduousness to it. I have to pick my way gingerly through the dusty path cutting across the field, alert for dozing vipers, lantana thorns, cantankerous goats tethered to the bushes, and random puddings of animal and human excreta. At first, it is a mystery where these come from because the villages are a good bit away. But distance does not dim the force of the NIMBY (not in my backyard) sentiment, which until recent years has been the motto of Indian civic life.”

Beyond poverty and flawed culture (and often driving them), there’s also the government.

The filth in public spaces is one of the tragedies of the commons. When everyone owns something, no one cares for it. That’s the fate of public space in India, socialist since independence in 1947, with a bureaucracy fattened by years of being a poster-child for poverty on the international aid circuit.

At least in the cases of Africa and Asia, then, the social and political context is absolutely crucial in arguments about economic liberty and technology. And the perspective from the ground, in the case of malaria and other tropical diseases, suggests a different kind of technology from bio-tech, one in which regulation isn’t much of an issue at all.

Jason Gale, Bloomberg, May 2007:

“Nair says modern sewers aren’t the answer for India. The country can’t afford to waste water by flushing it down a latrine. Instead, she’s encouraging airplane-style commodes that are vacuum cleared or toilets that are attached to contained pits rather than systems that pipe the effluent miles away for treatment. In Nair’s world, recycling human excrement for use as fertilizer is preferable.

“We need to invent our own devices which are cost- effective, environmentally sustainable and go with our people,” she says. “We cannot afford the things which are simply things that some civil engineer learned somewhere.”

Converting excreta that have been properly dried for 6-24 months into plant food uses less water than traditional sewage systems and is less likely to pollute waterways, Payden says.

Bartram says composted sewage that’s been handled correctly can be used in agriculture and for other beneficial purposes with negligible risk to human health. The challenge is to sanitize it so that disease-carrying organisms are eliminated.”

If cleaning the streets is more important than spraying DDT, in long-term control of malaria in India, then we’ve by-passed the regulatory problems associated with the chemical altogether.

In this case, as in others, activities that have a direct effect on the eco-system or the human organism (DDT) and activities that don’t (housing subsidies) can’t really be yoked together in analysis without problems. I tend to think that using the same model of reasoning for both, then, doesn’t yield correct answers, because it’s a function of a certain degree of ideological fundamentalism or literalism.

Everything is always a matter of interpretation.

Update:

In much the same way, I’d argue that the corrupt culture in Wall Street has to change before bans on this or that financial instrument are considered (that is, if one were to even concede that bans were necessary). Which is why the market-reform movement and the prosecution of crime come first, before changes in regulation.

Update:

The government of India’s rather optimistic schedule is to achieve its sanitation goals by 2010 and it’s using economic incentives to get there. ($48 for each installed toilet in Haryana).* It isn’t likely to get there that fast, but the program does suggest one area in which you can invest confidently – sanitation technology.

*I’m not endorsing this or any other government program, I’m merely noting it.

Vatican Moves Away from Frankenfoods

The head of the Pontifical Council for Justice and Peace, Cardinal Peter Turkson, has moved away from his predecessor’s support for developing genetically modified food to alleviate hunger in poor countries. Instead, he argues that adoption of the “precautionary principle” is warranted:

“There are a lot of claims that are disputed (like) that GMOs never call for the use of pesticides or insecticides or anything because they are resistant,” he said. Such claims have been challenged, he said, and some say “at a certain point (these crops) require insecticides whose chemicals break up later in the soil and render the soil less fertile.”

Given the disputed claims and doubts, “I think that we should go easy and probably satisfy all of these objections to the full satisfaction of those who raise these objections,” he said.

Because of the companies’ control over the patented seeds, “what is meant to alleviate hunger and poverty may actually in the hands of some people become really weapons of infliction of poverty and hunger,” Cardinal Turkson said.

Previously, opponents of GM carried the burden of proving that some harm was being inflicted. Under the PP, companies that planned on introducing genetic changes into an organism would have to bear the burden of proving that it was safe.

While this might seem counter-libertarian, I would argue it is not.

1. Since changes in genetics are impossible to regulate post facto, they cannot be subject to the usual economic arguments available to libertarians. The potential devastation is so irreparable that the principle of liberty demands that the bar be raised ahead of the event.

2. Biotechnology as an industry is concentrated in so few and such large companies, that free market conditions do not prevail at all in other respects. The companies owe their position in the market to their influence on government regulations and laws, to begin with. That suggests that there will be little in the way of normal market forces to check their natural profit-seeking from turning into rent-seeking based on preferential treatment, captive markets/monopoly, and government enforcement.  PP is simply a thoughtful mechanism to prevent profit from careening into plunder.

Bottom line, PP prevents looting or theft.

That makes it libertarian.

Capitalism & Morality Conference, Vancouver, May 8, 2010

Capitalism & Morality

This idea that the government has services or goods that they can pass on is a complete farce. Governments have nothing. They can’t create anything, they never have. All they can do is steal from one group and give it to another at the destruction of the principles of freedom.”
-Ron Paul

To the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.”

-Ludwig von Mises

Please join us in a Seminar to discuss the vital importance of social and economic liberty. We will explore how compromising liberty and morality in search of superficial egalitarianism and seeming security has put the West on a slippery and dangerous path.

Program (Saturday, 8 May 2010):

  • 8:30 to 9am: Introduction by Jayant Bhandari
  • 9 to 11am: “Character & a Free Society” by Lawrence W. Reed, President, Foundation for Economic Education, USA. As a journalist, Lawrence visited 69 countries; spent time with Contra rebels in Nicaragua; lived with Mozambique rebel forces; traveled with freedom activists in Poland
  • 11 to 11:15am: Coffee
  • 11:15 to 1:15pm: “Defending the Undefendable,” by Walter Block, Harold E. Wirth Eminent Scholar Chair in Economics and Professor of Economics at Loyola University New Orleans and Senior Fellow with the Ludwig von Mises Institute, USA
  • 1:15 to 2:15pm: Lunch
  • 2:15 to 4pm: “How Capitalism Tames the Vices,” by Lila Rajiva, author of The Language of Empire (Monthly Review Press, 2005)  and the bestselling Mobs, Messiahs and Markets (Wiley, 2007), co-authored with Bill Bonner
  • 4 to 4:15pm: Coffee
  • 4:15 to 4:45pm: Closing remarks by Paul Geddes, Vice-President, West Coast Libertarian Foundation, Canada

Cost: Early-bird offer; $80 per person, $40 for students; lunch & coffee covered by the admission fee

Date: Saturday, 8 May 2010

Venue:
Event Rooms 1300-1500
Segal Graduate School of Business

500 Granville Street
Vancouver, BC, Canada V6C 1W6
(This is an independent event, not affiliated with the School)

“Contrary to the vulgar belief that men are motivated primarily by materialistic considerations, we now see the capitalist system being discredited and destroyed all over the world, even though this system has given men the greatest material comforts”

-Ayn Rand

It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”
-Murray Rothbard

“…if we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.”
-F. A. Hayek

“The free market punishes irresponsibility. Government rewards it.”
-Harry Browne

“Morally acting man seeks profit; immorally acting man seeks plunder.”
-Jay S. Snelson

REGISTER:

Jayant Bhandari
1502-1189 Melville Street
Vancouver, BC, Canada V6E4T8
Telephone: +1-604-288-7569
Email: contact@jayantbhandari.com

Link to the Flyer

SENATE BILL 3081 – ARE YOU A TARGET?

Reader Dan Scott sends this:

Are You Scheduled For Government Interrogation If Senate bill 3081 Is Passed?

On March 4, 2010, Sen. John McCain introduced S. 3081, The “Enemy Belligerent Interrogation, Detention, and Prosecution Act of 2010.”

Under S.3081, an “individual” need only be Suspected by Government of “suspicious activity” or “supporting hostilities” to be dragged off and held indefinitely in Military Custody. Government will have the power to detain and interrogate any individual without probable cause. Government need only allege an individual in detention, is an Unprivileged Enemy Belligerent suspected of; having engaged in hostilities against the United States or its coalition partners; or has purposefully and materially supported hostilities against the United States or its coalition partners. The obvious question: how does one prove to Government they did not purposely do something? Definition for Unprivileged Enemy Belligerent: (Anyone Subject to a Military Commission)

At least under the Patriot Act, law enforcement generally needed probable cause to detain a person indefinitely. Passage of S.3081 will use mere suspicion to curtail an individual’s Constitutional Protections against unlawful arrest, detention and interrogation without benefit of legal counsel and trial. According to S.3081 Government is not required to provide detained individuals U.S. Miranda Warnings or even an attorney.

Similar to fascist laws in other countries, S.3081 if passed will frighten Americans from speaking out. S.3081 is so broadly written, it appears any “individual” who writes on the Internet or verbally express an opinion against U.S. Government or its coalition partners might potentially be detained on the basis he or she is an “unprivileged enemy belligerent”, “supporting hostilities against U.S. Government.”

See McCain Senate bill S.3081:

http://assets.theatlantic.com/static/mt/assets/politics/ARM10090.pdf

FYI: below is enclosed a copy of “Hitler’s Discriminatory Decrees signed February 28, 1933.” Although the Nazi Decrees are written differently than S.3081 they bring America to the same place trashing free speech and personal liberty. Note how the Nazi Government similar to U.S. S.3081 has in Section (1) and (4) suspended personal liberty and shutdown Free Speech, to intimidate Citizens speaking out against Government:

See Section 1
“Sections 114, 115, 117, 118, 123, 124, and 153 of the Constitution of the German Reich are suspended until further notice. Thus, restrictions on personal liberty, on the right of free expression of opinion, including freedom of the press, on the right of assembly and the right of association, and violations of the privacy of postal, telegraphic, and telephonic communications, and warrants for house-searches, orders for confiscations as well as restrictions on property, are also permissible beyond the legal limits otherwise prescribed.”

Similar to McCain’s S. 3081, but using different wording the Nazi Government in Section (4) see below, suspended Constitutional rights ordering the arrest of Citizens for any Act that might incite or provoke disobedience against state authorities. McCain’s S. 3081 instead mentions detaining and prosecuting Individuals for “supporting hostilities” against U.S. Government. S.3081 is so broadly written anti-war protesters might be arrested and detained just for attending demonstrations.

See Section 4
Whoever provokes, or appeals for or incites to the disobedience of the orders given out by the supreme state authorities or the authorities subject to then for the execution of this decree, or the orders given by the Reich Government according to Section 2, is punishable—insofar as the deed, is not covered by the decree with more severe punishment and with imprisonment of not less that one month, or with a fine from 150 up to 15,000 Reichsmarks.

Some members in the Obama Government appear bent on curtailing Citizens’ rights especially Free Speech and Opinions. In the run up to Sen. McCain’s introduced S. 3081, it was reported Top Obama Czar Cass Sunstein Proposed Infiltrating all ‘Conspiracy Theorists’ in a paper prepared in 2008—that apparently expressed: Government should infiltrate and spy on Americans, their groups and organizations to obstruct Free Speech, disrupt the exchange of ideas and disseminate false information to neutralize Americans that might question government. See news story: http://www.wnd.com/?pageId=121884

Also in 2008 perhaps coincidence: “The Violent Radicalization and Homegrown Terrorism Prevention Act”, was introduced by Rep. Jane Harman. The bill appeared to mirror a number of Czar Cass Sunstein’s spying proposals on lawful Citizens and interrupting groups without evidence of wrongdoing. Harman’s bill called for investigating and tracking Americans and groups that might be prone to supporting or committing violent acts of domestic terrorism. Harman’s bill had the potential of driving lawful political and other activists underground. Perhaps creating the domestic terrorists Bush II said Americans needed to be protected from. Rep. Harman’s “Violent Radicalization and Homegrown Terrorism Prevention Act” when closely examined, defined “homegrown terrorism” as “any planned act” that might use force to coerce U.S. Government or its people to promote or accomplish a “political or social objective.” No actual force need occur. Government would only need to allege an individual or group thought about it. Rep. Harman’s bill was often called the “Thought Crime Bill.”

McCain’s S.3081 like Harman’s bill, mentions “non-violent acts” supporting terrorism in the U.S. and or emanating from America against a foreign government or “U.S. ally.” “Non-violent terrorist acts” are covered in the Patriot Act to prosecute Persons that support “coercion to influence a government or intimidation to affect a civilian population.” However U.S. activists and individuals under S.3081 would be much more vulnerable to prosecution, being (charged with suspicion) of “intentionally providing support to an Act of Terrorism”, for example American activists cannot control what other activists might do illegally they network with domestically and overseas. Under the Patriot Act, law enforcement generally needs probable cause to detain or prosecute someone. But under S.3081, law enforcement and the military can too easily use “hearsay” or informants to allege “suspicious activity” to detain an individual. Since 9/11 federal government established across the nation a large number of Fusion Centers. Fusion Centers were originally established to improve the sharing of anti-terrorism intelligence among different state, local and federal law enforcement agencies. (But since expanded to pursue all crimes and hazards); considering that, it is problematic under S.3081 that detained individuals not involved in terrorism or hostile activities, not given Miranda Warnings or allowed legal counsel will be prosecuted for ordinary crimes because of their alleged admissions while in military custody.

Fusion Centers now pursue for analysis not just criminal and terrorist information, but any information that can be derived from police, public records and private sector data about Americans. Fusion Centers increasingly involve components of the U.S. Military in addition to other government entities to spy on Citizens. “The centers heavily rely on local “informants” for information that is shared with Local, State, and Federal police agencies.); historically it is foreseeable under S.3081 erroneous informant information will be used under S.3081 to detain innocent Individuals. Other governments have used lying informants to imprison their political opposition. Recently the Department of Homeland Security began sharing more classified Military information with local Fusion Centers, perhaps a mistake, not all local police keep secrets.

Fusion Centers circumvent Fourth Amendment Constitutional protections that prohibit illegal search and seizure, by taking advantage of ambiguous lines of authority to manipulate differences in federal, state and local laws to maximize information collection. Increasingly (private security companies and their operatives) work so closely with local/federal law enforcement and Fusion Centers—providing and exchanging information about Americans, they appear to merge with police. That is what happened in Germany during the 1930’s when a private-Gestapo merged its operations with German Federal Police. Subsequently Germany in 1939 placed all German Police agencies including the Gestapo under the control of the “Reich Main Security Office” the equivalent of U.S. Homeland Security. Notably, McCain’s S.3081 mandates merging Federal, State and local police and subsequently the U.S. Military to detain and hold Individuals in the U.S., even without probable cause. Interestingly a Rand Report prepared for the Army, recently made public, appears to suggest that U.S. Government develop a Local, State and Federal U.S. “National Police Stabilization Force merging State law enforcement with the Feds. What would happen to State Rights and what laws and Jurisdiction would be used to charge state Citizens arrested by a National Police Stabilization Force? A National Police Force could potentially be sent by the President into any State with the approval of its governor, against the wishes of its Citizens? To clarify the Rand Corporation report visit:

http://www.wnd.com/index.php?fa=PAGE.view&pageId=122533

It should be expected under S.3081 that government would use an individual’s phone call and email information to allege without probable cause “suspicious or hostile activity.” It does not appear U.S. Government will slow down wiretapping Citizens’ electronic communications. Just recently Pres. Obama’s signed Executive Order EO 12425 that put INTERPOL above the United States Constitution. Obama’s Executive Order authorized INTERPOL to act within the United States without being subject to 4th Amendment Search and Seizure laws. It would appear INTERPOL may now tap American phones and emails without a warrant. And that U.S. Police can use INTERPOL to circumvent the Fourth Amendment to arrest Americans and or forfeit their property by bringing INTERPOL into a criminal or civil investigation. Government can too easily take an innocent person’s hastily written email, fax or phone call out of context to allege a crime or violation was committed to cause an arrest or Civil asset forfeiture.

DECREE OF THE REICH PRESIDENT FOR THE PROTECTION OF
THE PEOPLE AND STATE

Note: Based on translations by State Department, National Socialism, 1942 PP. 215-17, and Pollak, J.K., and Heneman, H.J., The Hitler Decrees, (1934), pp. 10-11.7

In virtue of Section 48 (2) of the German Constitution, the following is decreed as a defensive measure against Communist acts of Violence, endangering the state:

Section 1
Sections 114, 115, 117, 118, 123, 124, and 153 of the Constitution of the German Reich are suspended until further notice. Thus, restrictions on personal liberty, on the right of free expression of opinion, including freedom of the press, on the right of assembly and the right of association, and violations of the privacy of postal, telegraphic, and telephonic communications, and warrants for house-searches, orders for confiscations as well as restrictions on property, are also permissible beyond the legal limits otherwise prescribed.

Section 2
If in a state the measures necessary for the restoration of public security and order are not taken, the Reich Government may temporarily take over the powers of the highest state authority.

Section 4
Whoever provokes, or appeals for or incites to the disobedience of the orders given out by the supreme state authorities or the authorities subject to then for the execution of this decree, or the orders given by the Reich Government according to Section 2, is punishable—insofar as the deed, is not covered by the decree with more severe punishment and with imprisonment of not less that one month, or with a fine from 150 up to 15,000 Reichsmarks.

Who ever endangers human life by violating Section 1, is to be punished by sentence to a penitentiary, under mitigating circumstances with imprisonment of not less than six months and, when violation causes the death of a person, with death, under mitigating circumstances with a penitentiary sentence of not less that two years. In addition the sentence my include confiscation of property.

Whoever provokes an inciter to or act contrary to public welfare is to be punished with a penitentiary sentence, under mitigating circumstances, with imprisonment of not less than three months.

Section 5
The crimes which under the Criminal Code are punishable with penitentiary for life are to be punished with death: i.e., in Sections 81 (high treason), 229 (poisoning), 306 (arson), 311 (explosion), 312 (floods), 315, paragraph 2 (damage to railroad properties, 324 (general poisoning).

Insofar as a more severe punishment has not been previously provided for, the following are punishable with death or with life imprisonment or with imprisonment not to exceed 15 years:

1. Anyone who undertakes to kill the Reich President or a member or a commissioner of the Reich Government or of a state government, or provokes to such a killing, or agrees to commit it, or accepts such an offer, or conspires with another for such a murder;

2. Anyone who under Section 115 (2) of the Criminal Code (serious rioting) or of Section 125 (2) of the Criminal Code (serious disturbance of the peace) commits the act with arms or cooperates consciously and intentionally with an armed person;

3. Anyone who commits a kidnapping under Section 239 of the Criminal with the intention of making use of the kidnapped person as a hostage in the political struggle.

Section 6
This decree enters in force on the day of its promulgation.

Reich President
Reich Chancellor
Reich Minister of the Interior
Reich Minister of Justice

Jesse Ventura Censored On Huff Po

You don’t have to be a fan of Jesse Ventura to ask why Huffington Post, a liberal outlet, would be so illiberal as to prevent someone from even questioning the government’s version of what happened on 9-11.

Ventura didn’t say he subscribed to any “conspiracy theory” or alternative explanation. He didn’t claim he knew what happened.

He just questioned the government. That was enough to shut him down. And shut him down not in a conservative, pro-censorship venue, but on a leading “liberal” site. An online site, at that.

What does that say about “liberalism” today?

Pagan Libertarian Ethics

I’ve seen some libertarians describe their ethic as, “Do what you will…but pay the price.”

Frankly, that is not a prescription at all. It simply describes consequences.

In ethical paganism, this would be considered incomplete, as the conclusion of the famous Wiccan Rede demonstrates:

“Where the rippling waters go, cast a stone, the truth you’ll know.
When you have and hold a need, harken not to others greed.

With a fool no season spend, or be counted as his friend.
Merry Meet and Merry Part, bright the cheeks and warm the heart.

Mind the Three-fold Laws you should, three times bad and three times good.
When misfortune is enow, wear the star upon your brow.

Be true in love this you must do, unless your love is false to you.

These Eight words the Rede fulfill:

An Ye Harm None, Do What Ye Will”

An Ye Harm None.

The  simple omission of this phrase has tragic consequences for people’s understanding of ethical practice. Worse yet, they enter a path of solipsism, narcissism, and even criminality, under the delusion that they’ve discovered a new moral law.

Of course, what constitutes harm is debatable….