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1 posted on 02/19/2014 8:07:57 AM PST by MichCapCon
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To: MichCapCon

Thanks for posting. HOORAY James Hohman!

Unfunded socialist programs. Who knew? /sarcasm

http://www.usdebtclock.org/state-debt-clocks/state-of-michigan-debt-clock.html

http://www.usdebtclock.org

Legal Plunder Has Many Names

Now, legal plunder can be committed in an infinite number of ways. Thus we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements, progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labor, free credit, and so on, and so on. All these plans as a whole — with their common aim of legal plunder — constitute socialism.

Socialism Is Legal Plunder - Bastiat

But of what plunder was he speaking? For there are two kinds of plunder: legal and illegal.

I do not think that illegal plunder, such as theft or swindling — which the penal code defines, anticipates, and punishes — can be called socialism. It is not this kind of plunder that systematically threatens the foundations of society. Anyway, the war against this kind of plunder has not waited for the command of these gentlemen. The war against illegal plunder has been fought since the beginning of the world. Long before the Revolution of February 1848 — long before the appearance even of socialism itself — France had provided police, judges, gendarmes, prisons, dungeons, and scaffolds for the purpose of fighting illegal plunder. The law itself conducts this war, and it is my wish and opinion that the law should always maintain this attitude toward plunder.

The Law Defends Plunder

But it does not always do this. Sometimes the law defends plunder and participates in it.


2 posted on 02/19/2014 8:20:02 AM PST by PGalt
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To: MichCapCon

Tangent to this “Wayne County” home of Detroit and many burbs west of it is in serious financial trouble aka it may go Chapter 11 if they can’t get their act together...


3 posted on 02/19/2014 8:22:06 AM PST by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks....)
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To: MichCapCon

The STATE isn’t funding enough. Correction. The state is not confiscating enough taxes from the paeons to pay for the pensioners. This is up there with the liberal logic that “we don’t have a spending problem, we have a paying for it problem.”


4 posted on 02/19/2014 11:17:41 AM PST by Organic Panic
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