Thursday, December 13, 2012

The Mockery of Legislated Compassion


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Philippines - The Reproductive Health bill passed in the Lowest (Lower) House and Senate will surely endorse the same to be signed by the Pilipin President. I told you, with the prevailing socialistic and parasitic mentality of the Pilipin society, legislation like this would certainly pass.

OK I believe, the momentum towards Marxism (a fucked-up hybrid of a fucked-up socio-political ideology called communism) is well underway. We need more socialist programs in addition to CCT and RH Law to speed up the folly. And soon we will see the real joke of it: that no society can advance to a form higher than that of society occupied by leeches who feast and survive off people's fruits of labor.

By the way, do you know why Anti-RH lost the first scrimmage in the Lower House? Because dimwits honestly believe that their religious arguments stand any chance at the face of a population dominated by dole-out minded citizens. Religious argument which includes anti-abortion, and you-will-go-hell threats, and RH bill caused typhoons, is a laughable stuff to put up in front of people whose overwhelming anticipation is on the oncoming flood of freebies from government. A bunch of over-eager, dole-out minded socialist people don't give a shit about prelates craps.

The strongest case against any socialist legislation like RH bill is to abandon religious arguments and focus instead on the idea that no man has a right over anyone's property. With socialist programs, government takes money from people through taxation and redistributes it.

The biggest corruption happens in the government. And in order to perpetuate the corrupt enterprise so that bureaucrats, politicians and interest groups could feast on taxes is to implement socialist programs like Reproductive Health, Conditional Cash Transfer, and a lot of other tax-funded subsidies. This can be easily done by showing-off to ignorant people they could benefit a lot from the program, which of course they do with lots of the funding goes to bureaucrats pockets.  .

Monday, December 10, 2012

A Simple Tax Computation to Expose How Slavish Idiot We Are


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Philippines - Let me show you how taxation is a form of slavery.

Assuming you earn P8000.00 semi-monthly with 2 dependents. Married or Single with dependents are already categorized as the same. For simplicity, let's not include overtime pay and deductions. BIR withholding tax bracket says that for the above specs, you are in the bracket of not less than PhP7,083.00 and not over than P10,000.00, with initial tax of P354.17 + [20% x (8,000-7,083.00). The computation of your tax would be: 
Tax semi-monthly = P354.17 + 183.40 = P537.57

From above computation of semi-monthly tax, your annual tax is:
Annual tax = 537.57 x 2 x 12 = P12,901.68.;

While your annual gross income is:
Annual Gross Income = 8000 x 2 x 12 = P192,000.00.

Assuming you work 22 days per month (or 264 days per year), with P16,000 monthly salary, your rate per day is: Rate per day = P727.27.

Here it gets intriguing. Your total tax of the year, P12,901.68, is equivalent to how many days of your work? To get the sense out of it, divide your annual tax by your salary per day, it will show you that there are about 18 days of work equivalent to your annual taxes.In other words, you work 18 days per year for no pay at all because the amount of P12,901.68, supposedly yours to take home, goes to the treasury of the state.


But pro-government taxation individuals would contend that you pay your taxes not for nothing. They say, your taxes comes back not in the form of money but in forms of various services like security, roads, judicial, health, education among others.That seems a good point. But what was missed?

It is time to point out that being against taxation doesn't mean one is against services. Social services are still available yet with a very important distinction: the coercive power of the government to tax doesn't exist. Free-market will deliver it.

Wednesday, December 5, 2012

Unmasking the Thief (the fradulent nature of modern central banking)


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Let us consider this thesis: Centrals Banks own us and our ignorance is their cheese for the rats.
Deceit by the deceiver and ignorance of the deceived is always an excellent and deadly mix – excellent for those who have know hows and deadly for those who are fooled. Unfortunately, we are all amazed, though none in his sane mind would ever accept being one of the fools (since it requires a peculiar encounter and honesty to recognize oneself as one of the fooled), majority of the population are so.

One economist said that the creation of money is so simple that in its very simplicity, paradoxically, lies the very reason why the mind deferred the understanding of it. Men unknowingly created web of tangled principles about it and at the same time developed strict adherence to these principles and from time to time slowly forgot the very basic principles that governs all about money. What is it that we need to know about money then? Is it not enough we are able to acquire money then save it or spend it?

Every time the prices of goods increase, majority of the population hurts. If the prices of good jumps 10% it means that the price of your money, which is the purchasing power, is reduced by same extent. Saving on a bank account or investing on a profitable business is encouraged by the incentive that you will get the principal back plus the interest or profit it makes. However with inflation or prices soaring up, when the time of profit taking comes, though your money seemingly increased in amount, its value is substantially less than when it was first invested. Its purchasing power simply declined over time. That is the mess we all need to recognize. Failing to do so will further add up to the mess created against our well beings. How did it come about is a very much less understood phenomenon. People like to ask but not persistent enough to really seek and at least understand the cause of the problem.

Unmasking the thief means knowing the truth how money is created, who creates it, why there is inflation (and deflation), how does it affect every level of society (the lower and middle and the elite).
We must understand the nature of money. Forget once and for all religious myths demonizing money, ergo money is the root of all evil. Money is firmly a lifeless object or representation of something subjected to our own and varying perceptions.  How then MONEY came into being?