Saturday, February 21, 2009

Taxpayers in Revolt, Introduction

Taxpayers in Revolt, David T Beito
Blog: Introduction

Sometimes I skip reading the introduction to a book, sometimes because whoever wrote the intro has a boring name, sometimes because I just want to get to the important stuff—the book. I read this intro, and a darn good thing too. If I hadn't read it I would have missed this gem: "The state's claim to power over a society would be a toothless pretension were it not backed up by a capable system of extracting money from the population." I just might memorize that and recite it every time I get into a discussion about the gubmint and all the related foofaraw. It doesn't get much more concise than that (not much more*), but it still has great words like toothless, pretension, and extracting.

I was talking to Becky about some political something-or-other a few days ago and she mentioned that the most important step to ending the whole Federal Reserve/inflation/wild corruption debacle we have going on (and has been going for a very long time) is to do away with the income tax. Even though the Fed could still continue to print fake money and endlessly inflate, people would suddenly realize what a horrible game the Fed was playing ("Wait a minute, they're not taking my money anymore and they can still spend trillions of dollars?"), and the jig would be up. Poof.

Important questions were raised in the intro as well, which I trust will be covered elsewhere in the book. One question I fear we will have answered for us all too soon is how do governments maintain authority and legitimacy when their source of money is challenged? Here's a hint—our friend FedGov will not be asking nicely. Hope you picked something up at that shotgun sale last week. Anyway…

Judging by the introduction alone—not to mention the title—I'm pretty sure I'm going to enjoy this book.

*Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master.
—George Washington

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