Get a Clue: Stealing is Wrong and Only Causes Harm

Below is from an E-mail from Paul Hamby of Campaign for Liberty.
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Please note very careful this question to the Missouri Senate Economic Development Committee by 9 year old Grace Hamby: "Why do you not understand that it is not fair to take money from one person and give it to another"

Theft is theft and it is a violation of the natural laws of human behavior. This particular law is reported in a section of the Holy Bible commonly called the ten commandments.

"Thou shalt not steal."
Exodus 20:15

The following is the excerpt from Paul's letter in response to inquiries quoted at top:

[begin Paul Hamby excerpt]
" Paul, this one doesn't make sense to me. Tax credits allow a company, even one from China, to absorb their start-up costs more effectively. Once they are established they grow both jobs and capital for the region... not sure why you are fighting this..."

"If they create more jobs and lower taxes for some businesses, won't that be good for Missouri?"

The answer is No! Economic intervention is not the proper role of government and this bill is probably unconstitutional. It will take more than a 30 second sound bite to explain the economics, so grab a cup of coffee and read on...

Tax credits & subsidies are government intervention in the economy. They have 2 possible outcomes;

Govt helps to establish a successful business by subsidies, tax breaks, infrastructure etc at the expense of other businesses. One business benefits while the others pay. If this were the game of Monopoly and say you wanted to build a new hotel on Boardwalk, you would force the other players to each pay for a portion of YOUR hotel. Go around the board with your hand out and ask each player for $500. They can't say no, because this is now the law. A real world example would be Wal*Mart comes to town. The local and state politicians give them thousands of dollars of incentives. Those tax subsidies are then paid for by the rest of the community including the businesses who compete with Wal*Mart. Some of those competing businesses will go out of business because the market is not big enough for the existing Mom and Pop store and Wal*Mart who has an unfair advantage with government help.

Govt helps to establish a business that fails. In this case everyone loses. New business start ups are risky. Entrepreneurs are risk takers. They are the best at determining if a potential business will succeed and generally they are gambling with their own money. Bureaucrats suck at determining risk. Bureaucrats should not be trying to plan what businesses will succeed. The failure of this economic theory has been proven many times, most notably in the collapse of Soviet Russian economy. Why do Missouri lawmakers think they can centrally plan our economy when so many others have failed before them?

It takes real leadership and faith to support a non interventionist economic policy. History is on our side however. Frédéric Bastiat wrote "But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime."

Our 9 year old daughter, Grace stated it even more simply "Why do you [senate economic development committee members] not understand that it is not fair to take money from one person and give it to another"

America became the world's most powerful economy during the 1800s because we did not have central planning. Early America had economic freedom - the ability to start new businesses without high taxes, expensive regulations and fear of government intervention.

Senator Jim Lembke spoke about economic freedom on the Missouri Senate floor Thursday morning.

"I believe, what we are doing is rearranging the deck chairs on the Titanic. How about if we step back and look at our tax policies that don't pick winners and losers. Small businesses in my District have never asked for a tax break! What policy can we step forth without having to subsidize business, end this now! We should come back in January and quit chasing after this bucket of gold at the end of the rainbow. Government doesn't know how markets work; Government is a poor central planner."

"By saying no to the China Hub, we can stand on the principle of liberty. Government must be about equal opportunity and should have a tax code that is level and just for all citizens." Senator Lembke spoke about some Missouri Senators feeling that they must do something; "I'll tell you what we won't do as a body, we are not going to rush through this process passing bad legislation that is not good for the taxpayers of the state, Mr President, this [senate] body will slow down the process and we will decide if this is good business for the taxpayers, if its good policy and if it's good to change the statutes of the state. If not, we go home without accomplishing anything but much better than passing bad legislation for taxpayers."


Equal opportunity

Competition

Fair playing field

Competition is the heart of a strong economy. Companies compete for your dollars. The companies that thrive in a free market are those that produce the best products at a fair price. When government intervenes, there is no longer a level fair playing field.

Every government intervention comes with an opportunity cost. In the case of the St Louis China Hub, the state wants to take $360 million dollars and subsidize private warehouses and such. That money comes from Missouri tax payers who will spend $360 million less throughout the state. Less clothes purchased at your favorite store. Less dining out at your favorite local restaurant. Less tickets to a ball game or concert. Less private money donated to charity.

Government subsidies always come at a cost to some other part of Missouri's economy.

Bureaucrats make bad economic choices. Senator Ridgeway views the China Hub effort as an improper attempt to use taxpayer money to bail out St Louis's Lambert, which has been plagued with debt and high airplane landing fees. Ridgeway pointed out in the Senate committee hearing that Lambert may not be getting much cargo based on their high prices. Lambert s fees are $8.00 per 1000 pounds of incoming air cargo compared to 2.00 at Kansas City and 4.00 at Chicago O'Hare.

Hard to get much market share when you are 4x higher priced than your competition.

Senator Crowell referred to the China Hub as "Error-tropolis" and that it will result in a loss of Missouri manufacturing jobs.

"Governor Nixon has called this debacle "Made in Missouri" and the central component is a tax credit that subsidizes the importation of China-made goods. Really? Folks, I can't make this stuff up!!!!" said Crowell.

Sweet-O deal going sour? from the Columbia Tribune - excerpt below.

A company that promised 600 jobs and drew Missouri Governor Jay Nixon to Moberly to announce $17.6 million in state aid is in financial trouble and could potentially stick the city with payments on a $39 million bond deal.

Mamtek International Ltd., a company with Chinese and American ownership, planned to make sucralose, a zero-calorie sweetener at the facility. The $65 million deal, ballyhooed at the start by former Gov. Bob Holden, chairman of the Midwest U.S.-China Association, was put together in 73 days last year and was supposed to include $8 million in private investment.

Moberly issued $39 million in bonds to build the Mamtek factory, buy and install the equipment and take care of other items necessary for the company to begin production. It was supposed to have put 116 people to work - perhaps as early as late last year, according to early reports - and double that employment within 18 months.

"I found out today that they are apparently in default and it is a serious issue for the state of Missouri and the city of Moberly, and I intend to find out how that happened and what can be done about it," Sen. Kurt Schaefer, R-Columbia, said last week.

Once again government made a bad economic choice. If it had been a really good business plan, private investors would fund the project, and the state would benefit from tax revenue.

States ask whether tax credits worth cost from the AP in Jefferson City

"There is a tension between just about everybody," said Missouri state Sen. Chuck Purgason, a Republican who has wavered on his stance. "You've got core Republican principles that government doesn't create jobs - the private sector creates meaningful jobs - and what you need is broad-based tax reform."

For others, he said, "their idea is for government to take money and incentivize aspects of trying to stimulate the economy."

You see, the state of Missouri creating jobs is a myth.

Any job created through economic intervention comes at the opportunity cost of a job some where else.

The solution is a hard pill to swallow. It's time to Stop tax credits. Stop subsidies. Stop picking winners and losers in the Missouri economy.


The best thing the Senate could do right now for the Missouri economy and Missouri taxpayers is to end the special session and go home without passing any economic interventionist bill.

In summary, the Missouri legislature should not pass the China Hub Aerotropolis bill because economic intervention is not the proper role of government and history shows an awful track record.

Fear of economic intervention is what is stalling our economic growth. Killing Aerotropolis should help restore confidence to business owners.

The tax credits may also be unconstitutional, but that is for another article.

For Liberty,

Paul Hamby
Maysville Missouri
816 632 0602

www.campaignforliberty.org

p.s. To learn more about free market economics go to:
http://mises.org/

Best first economic book:
How Capitalism Saved America by Thomas DiLorenzo. This is entertaining and written in terms that anyone can understand.

[end Paul Hamby excerpt]

Abolish the Fed (Andy jackson did).

“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the bread stuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.” -Andrew Jackson

The story remains the same.

We got the wrong change then and hope was dashed.

"Ron Paul: A New Hope" from 2008


We've been running in the opposite direction for three years. Is it too late to reclaim real hope?

Truth Hurts

"Ron Paul is very smart. So I don't want to talk to him too long for fear that he will convince me." -- Anne Coulter speaking to Young Americans for Freedom

Security and Liberty

"Security and liberty go hand-in-hand. Members of Congress, like too many Americans, don’t understand that society with no constraints on its government cannot be secure. History proves that societies crumble when governments become more powerful than the people and private institutions." Rep. Ron Paul (R-Texas)

Nullify ... I Like Itt!

A Plausable Accounting

Trump is right, Barry Soetoro, AKA Obama is hiding what appears to be a criminal past.


Trump is correct, Barry Soetoro, AKA Obama is hiding something in his past that is very bad ... and it may not be his citizenship. (Trump would not say this if he did not know something and he has the money to get the dirt...)

As an IRS tax examiner,one of many former federal jobs, I have seen what it appears Barry Soetoro has done, mostly by illegal aliens attempting to acquire a new identity in the U.S and/or criminals looking to acquire a new ID.

Barry, AKA Obama, was lawfully adopted by a foreign national, Lolo Soetoro, and Barry's name was legally changed to "Barry Soetoro". (Barry’s own admission) Barry
Soetoro was also made an official legal Indonesian citizen. (again Barry’s own admission) The adoption would be noted in Barry's vital statistics record in Hawaii on his original birth certificate...

OR Lolo Soetoro may have always been Barry's legal birth farther. The public does not know for sure at this point who Barry's father really was and Barry himself may not know.

Barry was raised as a Muslim in Indonesia and attended a Catholic funded school that permitted all faiths to attend. Barry's mother dropped him as a dependent for some reason, maybe even when Barry was adopted by Lolo Soetoro. His mother's passport records dropped Barry as a dependent indicating Barry was no longer a legal dependent of his mothers. (The passport records of his mother have been produced showing Barry was no longer a dependent when Barry was permanently residing in Indonesia.) Barry went to Hawaii to live with his alleged grand parents after Lolo Soetoro and Barry's mother divorced.

A "certificate of live birth" can have names changed on it including a child's birth name, and birth parent’s names. Even a modified date of birth can be on a "certificate of live birth". This occurs frequently for adopted children where the birth parent does not want the child to know who they are. The public has no idea who Barry’s real birth father is or who Barry’s real birth mother is. (Barry could have been adopted by his mother) The original birth certificate is the only legal vital statistics record of a person’s birth parents, birth location, birth date, etc… I can get a “certificate of live birth” for a dead person; I cannot get
a birth certificate of a dead person without “Deceased” on it. (I’ve tried)

There is no evidence Barry Soetoro ever lawfully changed his name to “Barrack Hussein Obama”. There is no proof Barry Soetoro was born with the name "Barrack Hussein Obama". I’m willing to bet the name “Barrack Hussein Obama” is not present on
the real birth certificate as Barry’s birth name or as Barry’s birth father. I have pictures of me with my mother and Jimmy Buffet… that doesn’t make him my father even if I start using the name Jimmy Buffet.

The public knows Barry Soetoro finished high school in Hawaii as Barry Soetoro and attended Occidental as Barry Soetoro where he did drugs and flunked out of
school. After dropping out of Occidental, Barry showed up in New York, homeless and on drugs. (Barry’s own admission) Barry then hooked up with a Pakistani to live with and traveled back to Indonesia on his new boyfriend’s dime to renew his Indonesian passport and traveled to Pakistan with him.

Ask any law enforcement officer in a large city or detective and they will tell you homeless young men on drugs in large cities usually end up as male prostitutes. Barry ended up as a world traveler with a degree… (Not likely)

Barry Soetoro returned to New York from Pakistan and began using the fictitious name “Obama” for some reason. (again Barry Soetoro’s own admission) One could only suspect
that a person addicted to drugs returning from Pakistan to New York, the main route for Afghan heroin into the U.S., maybe Barry had a reason to start using a new name. There are literally over 1 million open warrants on file in New York… maybe Barry is one of them?....

After spending some time in New York allegedly working under the name “Obama”, It appears Barry used the fictitious name "Barrack Hussein Obama" for the first time to file his federal taxes in Connecticut at a Post Office Box for the purpose of
evading paying taxes in New York and /or to establish a new identity. (This is a felony with no statute of limitation.)

When the IRS received Barry Soetoro’s federal tax filing, the IRS could not attach the name Barrack Hussein Obama to the SSI number provided or the address provided. So the IRS assigned the fictitious name "Barrack Hussein Obama" a tax ID number
for a person from Connecticut (Where Barry unlawfully filed a federal tax form using a false name). Barry Soetoro began using the tax ID number as his SSI number when using the fictitious name Barrack Obama. This is why Barry Soetoro has a Connecticut SSI number. When I worked for the IRS, I saw this occur more than once and yes, it is a felony to knowingly file a fraudulent federal tax forms. Most of the
politicians that cheat on their taxes claim it was an accident. That is how they get away with their tax cheat crimes. Using a fake name is no accident.

It appears Barry fled New York to Chicago using his new identity to get a job . He likely ordered a fake diploma to bolster his new identity as "Obama". Fake Diploma's were very big in the 80's and diploma mills were even being used by federal workers to get promotions. There is evidence his alleged attendance at Columbia was faked (Barry never attended Columbia) and Barry lied his way into Harvard (he had no transcripts to get in)... Including telling the Saudi royal family he was fighting in Afghanistan with the Muslim Jihad against the Russians, so they would help him get into a law school.

The Saudi's apparently loved Barry's story of Jihad in Pakistan/Afghanistan and paid for Barry to attend Harvard under the name "Obama". The Saudi family has admitted to
paying for Obama to attend Harvard and gave Harvard a gift of $20 million dollars. Harvard in turn made their special attendy President of the law review a person that never wrote a single law review.... I guess that is what $20 million buys at Harvard.

It is unlikely Barry was a Jihadist and was most likely a drug mule if anything, maybe even a CIA street hire to haul Afghan heroin back to New York, so the Afghans could buy U.S. made stinger missiles with U.S. dollars to shoot down Russian helicopters? ... I hired people over seas to do work below my pay grade all the time, even foreign nationals... I think this is the story Barry told the Saudi's, but he was most likely really just a drug mule/dealer and probably still wanted on an outstanding warrant in New York.

Barry’s selective service registration is not normal either…
http://www.debbieschlussel.com/4428/exclusive-did-next-commander-in-chief-falsify-selective-service-registration-never-actually-register-obamas-draft-registration-raises-serious-questions/

After I looked at Barry’s selective service filing I noticed it was most likely fraudulent too based on the name he used. Barry did not start using the name "Obama" until he returned from Pakistan (long after he flunked out of school in California) His selective service record (maintained in Chicago coincidentally) shows he registered at a Hawaiian post office as “Obama” in Sept 1980... Problem, Barry was getting high in California at Occidental in Sept 1980 (Barry's own admission) and was not using the fictitious name "Obama" at that time. Barry began using the fictitious name "Obama" only after he returned from Pakistan. The selective service filing is fraudulent.

Barry returned to Chicago and attend a semi-christian radical black church with his first female love Michelle. Barry admits keeping in touch with Phil Boener, who traveled to New York from Occidental to be with Barry and was most likely Barry's first love.

Barry still could not get a real job, because he was still a fraud, even with his Harvard degree in hand he could lie and take the Bar exam, but he could not work as a lawyer for a major law firm without a back ground investigation and he would
never pass one. So, Michelle got Barry a job at her law firm. Barry never filed a case alone and never filed a motion. He wrote lost of memos according to the law firm where Barry worked. (I think they know Barry is a fraud and don't want to be sued by previous clients) Barry rescinded his law licenses, so as not to be disbarred for fraud. The Bar knows Barry lied on his application. Michelle also had to turn over her law license for her involvement in corruption with the Chicago mayors office.

With time on his hands Barry, a well spoken black man, was able to get elected to a state office, oddly because he looked for fraud in his opponents voter registrations and got his opponent disqualified from running. Barry a well versed liar was a natural in state politics. He used his political influence to get himself a position as a lecturer at Chicago's law school. Barry embellished this position as a "professor of law" which everyone knows is completely false. Barry was not a professor or even a specialist at anything but lying.

On a whim Barry ran for United States Senate for the State of Illinois. Politicians do this all the time to make a name for themselves even if they can't win. At the time the Republican Ryan was a shoe in for the Senate seat, so no real Democrat
contenders entered the race, but Barry did. On a fluke after the primary Ryan's wife Jeri Ryan (Seven of nine from Star Trek) went public that her husband was making her have sex with other people while he watched. Ryan dropped out and Alan Keys moved from Maryland to run against Barry Soetoro.

The election got all kinds of press because there was no blacks in the U.S. Senate and one of these black men was going to be a Senator. Alan Keys did his best to warn everyone Barry was not who he claimed to be, but the public saw him as a carpet bagger. Barry kept the lie going and presented himself as a clean black man that talked like a white man... Illinois elected Barry to U.S. Senate. The Democrats had already began scrubbing Barry's back ground when Ryan dropped out.

Phil, Barry's boy friend from Occidental, was found working in California as a communications specialist (receptionist) for a dental hygienist school and given a
diploma from Columbia and cover story. The rest of Barry's drug friends were all given jobs or money by the Democrat machine to keep quiet.

Because Barry was such a news maker as the only Black in the Senate, and he could speak like a white man he was made key speaker for the Democrat convention. Barry then decided to run for President to keep the lie going. No one thought to question Barry's back ground in the Democrt party... They helped cover up the ugly back ground. The only person jumping up and down warning Barry was not who he claimed to be was Alan Keys and he was discarded as just an angry loser.

Now we have a complete fraud sitting in the Office of the President. Clearly the most corrupt, inexperienced, and ignorant President in the history of the United States who's only quality is that he can lie with a straight face.

Barry Soetoro is as much of a fraud as Bernie Madoff and his house of cards will soon fall down.

March 31, 2011