Curt Doolittle

Theme: Subsidy

  • INTERESTING : DAVE RAMSAY ETC : CREDIT AND THE STATE (personal finance) Never he

    INTERESTING : DAVE RAMSAY ETC : CREDIT AND THE STATE

    (personal finance)

    Never heard of this guy until recently. But his message is pretty good for average families who get trapped on the credit treadmill.

    ON CREDIT

    Myself, I don’t use credit cards. If I don’t have cash I don’t buy it. Cars included. I’ll never have another mortgage either, if I can help it. I pay and save first, then the rest of my income is mine to spend as foolishly as I want. I hit my reserves for new investments. Otherwise I live on my income.

    Now, my reasons are different: my aspiness is a challenge. Paying bills quarterly works for me. Paying them monthly is just not something I’ll remember to do. And I only take on bills that can be paid by debit card, over the phone or via email. I don’t like the stress of fighting my subconscious so I don’t get on the TREADMILL of credit. EVER. (Well, I did impulsively buy my Jaguar XJR on credit, but it was a steal. But for the exotics, and all others, I paid cash.)

    Most of my income volatility in life is driven by business investments which usually require extraordinary income sacrifice (at least for me they have.)

    And I’ve carried from 4M to 20M in commercial credit for most of my adult life. (Which I find humorous for some reason.)

    ON WOMEN:

    There are a lot of women who get their happiness from nesting. And they make a wonderful nest. But the problem is that you can’t lower their standard of living if you want to take a business risk. So my advice is to make sure that you know what partner you’re buying into. Those women are usually a pleasure to live with. But they are hard to build financial wealth with.

    ON THE STATE:

    Taxes and Credit are the fuel of the state. The libertarian in me seeks to starve the state wherever possible.

    SO I’M ALL FOR THE DAVE RAMSEY and VOLITIONAL movements. 🙂 Mostly as a rebellion against the state. 🙂

    Source date (UTC): 2013-10-29 06:44:00 UTC

  • Interesting how the MORAL people who CHOOSE to sacrifice something ELSE in order

    Interesting how the MORAL people who CHOOSE to sacrifice something ELSE in order to have health care, are now paying for the IMMORAL PEOPLE who CHOSE something OTHER than health care.

    It is not that health care is ‘unaffordable’. It’s that health care is something you would prefer to spend your marginal income on LESS than whatever you spend it on, such as your own apartment, your car, your entertainment. etc.

    I won’t go into all the incentives here, but if you made a law that you had to have health care or you couldn’t drive, couldn’t vote, couldn’t collect social security or anything else for that matter – and that you had to ‘earn’ your redistribution by ‘beautifying the country’ (cleaning it up and maintaining the commons) then that would make perfect sense to me.

    But everything we do in the statist empire is to create every immoral malincentive possible to encourage the free-riding that the west worked so hard to stamp out.

    Source date (UTC): 2013-10-28 11:24:00 UTC

  • “…. democratic politics tends to concentrate benefits and disperse costs, so t

    “…. democratic politics tends to concentrate benefits and disperse costs, so that politicians in both parties face very strong incentives to promise current and future benefits without regard to the costs of those promises.

    Boettke. Hoppe by less antagonistic means. 🙂

    Source date (UTC): 2013-10-20 10:39:00 UTC

  • I DIDN’T REALIZE I’D PAY FOR IT! “Of course, I want people to have health care,”

    I DIDN’T REALIZE I’D PAY FOR IT!

    “Of course, I want people to have health care,” [Cindy] Vinson said. “I just didn’t realize I would be the one who was going to pay for it personally.” – San Jose Mercury-News. Via Michael Lee “Ask A Rational Conservative”

    Well you know, first you run out of other people’s money. Then you run out of other people’s credit.

    I guess I’m ok with the Keynesian Progressive fantasy of infinite consumption. I mean. I have guns.

    I hope you like Soylent Green.

    Source date (UTC): 2013-10-07 09:59:00 UTC

  • WE CAN’T GET TO DENMARK REASON #1,475,908 If you want redistribution just break

    http://www.aei-ideas.org/2013/10/why-swedenizing-the-us-will-never-work/WHY WE CAN’T GET TO DENMARK REASON #1,475,908

    If you want redistribution just break the USA up in to sixty 5M person countries. Over two generations they will all move to be with ‘they and theirs’, and competition will control what legislation cannot.

    Democracy is for extended families and the nordics are all blood relatives.

    Source date (UTC): 2013-10-06 10:46:00 UTC

  • DEATH PANELS. Told you. You cant control costs any other way. So care will be de

    DEATH PANELS.

    Told you. You cant control costs any other way. So care will be delayed. People will die from delay. People will die because of death panels. High cost experimentation will stop. The R and D will decline. We will export our only remaining technical advantage offshore.

    So top medical care will require medical tourism. Great for me. Sucks for everyone else.

    Should have just given people medical visa cards and subsidized hospitals and clinics to accept them. Create a signaling-only medical economy like we have for all other goods, so that the wealthy continue to pay for R&D and ordinary people benefit from the expenditures of the wealthy.

    Like every other process in human history.

    Sigh.

    Source date (UTC): 2013-09-16 14:28:00 UTC

  • POSSIBLE TAX RATES. The reason Europeans are poorer than americans is taxes

    http://www.aei-ideas.org/2013/08/no-we-cant-return-to-the-sky-high-tax-rates-of-postwar-america/ON POSSIBLE TAX RATES.

    The reason Europeans are poorer than americans is taxes.

    Source date (UTC): 2013-08-22 14:10:00 UTC

  • Why Is Income Redistribution Such A Problem For Republicans? Provide Data And Any Other Quantitative Evidence.

    INCOME REDISTRIBUTION IS A PROBLEM FOR EVERYONE

    Otherwise we wouldn’t have a 1% movement.

    https://www.quora.com/Why-is-income-redistribution-such-a-problem-for-Republicans-Provide-data-and-any-other-quantitative-evidence

  • Why Is Income Redistribution Such A Problem For Republicans? Provide Data And Any Other Quantitative Evidence.

    INCOME REDISTRIBUTION IS A PROBLEM FOR EVERYONE

    Otherwise we wouldn’t have a 1% movement.

    https://www.quora.com/Why-is-income-redistribution-such-a-problem-for-Republicans-Provide-data-and-any-other-quantitative-evidence

  • ZOMBIE BANKS (Like Japan’s Zombie Corporations) (Like American Zombie social pro

    http://www.project-syndicate.org/commentary/europe-s-zombie-banks-and-the-current-recession-by-daniel-grosEUROPE’S ZOMBIE BANKS

    (Like Japan’s Zombie Corporations)

    (Like American Zombie social programs.)

    Source date (UTC): 2013-07-15 11:24:00 UTC