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View Diary: We don't have a Huge Debt problem -- we have a Huge Tax Haven problem (82 comments)

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  •  Re (0+ / 0-)
    Just consider, for example, the law which makes it legal to charge someone 30% interest to use currency that the lender got to use for free. What's being stolen in that case is not money, but the time and labor that has to be spent to earn that 30% to pay the loan back. One third of someone's creative endeavor is being claimed by someone who has none.
    The borrower is free not to borrow money. They are only paying the interest because they agreed to do so.

    (-5.50,-6.67): Left Libertarian
    Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

    by Sparhawk on Sun Jul 29, 2012 at 12:31:38 PM PDT

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    •  Private property rights, which grant exclusive (4+ / 0-)
      Recommended by:
      bkamr, fuzzyguy, divineorder, nota bene

      access and use of the resources humans need to survive, have created a situation where an individual's rights to the necessities of life have been effectively abrogated.
      it is an effective strategy of subordination to get a society hooked on using money to mediate all transactions and then making them labor to get enough to sustain themselves and reproduce the next generation.
      Money is an impersonal middleman which enables some people to coerce others without taking direct action.
      True, humans are free not to borrow money and they are also free to die from starvation.  And, indeed, there are millions in our country who are malnourished and millions on other continents that are starving to death. It is explained that there are just too many people, so some have to die prematurely.  But, the fact is that the earth is currently producing sufficient food to adequately nourish 9 billion people, even though there only a little over 6 billion at present. That means much food is going to waste and people are being starved for some ulterior purpose.  I suggest that ulterior purpose is to scare the majority into being more productive, lest they starve, as well. Money as the intermediary makes it possible to perpetrate this fraud impersonally.

      So sorry, there's just not enough money!

      The truth is we can make as much money as we need, just as we can write as many words as we need to communicate. Money is a figment of the imagination, just like the alphabet.  Why should one have to labor for someone else to use it?
      Imagine having to give something in return for using an inch. Or the latter 'A' People buy vowels on The Wheel of Fortune, but that's a game.

      Willard's forte = "catch 'n' cage"

      by hannah on Sun Jul 29, 2012 at 12:49:44 PM PDT

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    •  Nice Darwinian society you advocate (2+ / 0-)
      Recommended by:
      jamess, indres

      Can't afford to borrow money at 30% to survive? You are free to starve.

      But we will lend money to people to keep doing that, at 1% or so.

      You can't take the sky from me!

      by wrights on Sun Jul 29, 2012 at 03:34:40 PM PDT

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