The Market Ticker
Commentary on The Capital Markets - Category [Politics]
Login or register to improve your experience
Main Navigation
Sarah's Resources You Should See
Full-Text Search & Archives
Leverage, the book
Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions. For investment, legal or other professional advice specific to your situation contact a licensed professional in your jurisdiction.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility; author(s) may have positions in securities or firms mentioned and have no duty to disclose same.

The Market Ticker content may be sent unmodified to lawmakers via print or electronic means or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media, to republish full articles, or for any commercial use (which includes any site where advertising is displayed.)

Submissions or tips on matters of economic or political interest may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must be complete (NOT a "pitch"; those get you blocked as a spammer), include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

Considering sending spam? Read this first.

2024-05-28 07:15 by Karl Denninger
in Politics , 336 references
[Comments enabled]  
Category thumbnail

Chase Oliver is the Libertarian Party's nominee for President -- after speeches by both RFK and Trump at their convention.

I understand how he got the nomination -- he's been quite-instrumental in getting ballot access for the party over the last few years and done a decent amount of campaigning and "boots on the ground" work (which the Libertarians, in general, are poor at with a few notable exceptions) and thus you can reasonably say "he earned it."

His ballot win was also a blow to the so-called "Mises" wing of the party that some considered "hard right."  Reason did an article on that take-over which, I might remind readers, came out of (to a large degree) the pandemic-era constraints.  Perhaps someone can explain to me how the right to choose whether or not you personally wish to wear a mask or enter a business (rather than having the government decree you must or that the business must be closed) is not Libertarian at its core.  Good luck with defending that charge.  One place that did resonate with many was the deletion of the abortion plank.  I personally agree with it being gone simply because I don't believe it has a place in a national party's platform; there are competing and unresolved interests (obviously, since the fetus will turn into a born child if left alone) and, as I've written here before we short-circuited that debate in the 1960s and now are playing it out on a state-by-state basis.  Thus in my view taking either side in a national platform plank is not only foolish it derogates half the voices, whether they can vote or not (obviously a fetus can't -- yet.)

Thus I don't know that I'd consider what was leveled at the Mises folks to be a fair charge but it doesn't matter now, at least for this election cycle.

But in terms of actual Libertarian political views I have to say.... I'm disappointed.  The one thing you can say about Oliver is that he isn't an octogenarian but that's damning with faint praise.

Some will go after him because he's an openly-gay yet single man.  I don't care about that.  What I do care about is his position on various issues.

I'm particularly troubled by the authoritarianism in a few places -- such as re-entering the abortion debate on the national platform, a guaranteed vote-splitter and one that I argued the party cannot afford when I was involved in the Florida EC.  Never mind his clear prior support for both mandates during the pandemic and his failure to speak loudly and clearly about the perversions of money that drove much of what we did and its budgetary impact which now that the pandemic has ended was undertaken with the pandemic as a pretext instead of a temporary necessity.

No matter how you feel about the various measures during the 2020-2023 timeframe that the federal budgetary and intrusions of those years has remained is not subject to debate -- it has, its fact, and no amount of arm-waving in justification on a temporary basis passes the giggle test.

Further, "ranked-choice voting" is not representative.  At all.  It sounds good but in fact is the opposite, like so many other "progressive" ideas.  This is mathematically demonstrable and foolish.  If a majority cannot be obtained a run-off is the right answer and while you might think that ranked-choice does this you're wrong because people's perceptions of candidates change over time and you are denying them the agency to do that as the race unfolds.  This is the same problem with "early voting" and similar schemes; a candidate could say or do something three days before the election that in your mind disqualifies said person and you're hosed if you voted for said individual early!

Of course as is bog-standard for the Libertarian Party Oliver supports ending the Department of Education.  That requires Congressional action, which means its a zero-cost proposal because he can't do it -- and he knows he won't get the Congressional support.

But this is the key problem: The real issues facing this nation, including illegal immigration and the explosive growth in both education and health care costs, resolving which would largely eliminate the federal deficit and thus the debt problem along with inflation are addressable to a large degree without Congressional action and in fact are essentially immune to Congressional obstruction.  College costs will require Congress (to reverse both what Obama and Pelosi did with government-backed funding and to reverse several decades of progressive exemptions from bankruptcy for college-related debts) but the other two both have existing felony criminal legal sanctions that can be levered to end the problem on the books, in one case since the 1950s and the other for over a hundred years.  You wouldn't have to jail many people either; the belief that the government means it, and will do it, would be enough to obtain compliance and an Executive that pledged to do this and then demonstrated they mean it with the commencement of such prosecutions is beyond the ability of Congress to stop other than by repealing the law or impeachment, both of which require supermajorities as if the laws were attempted to be exempted or repealed the President can veto the bill.

You'd think that the Libertarians would be all over this since inflation steals from everyone and unless you're capable of granting yourself some sort of monopoly (which is cheating and thus not Libertarian at all) you get screwed.  Opposing that initiation of force and fraud upon you ought to be a trivially-supported Libertarian value and one that any candidate running for office under that banner should inherently support given that the Libertarian Party allegedly stands on and for that first principle above all else.

After all Liberty is supposed to come with consequences -- especially when you break the law.  That's the bargain and in fact is the alleged "Prime Directive" of the Libertarian Party: Do what you will but if you screw someone else you must, under any view of actual justice, be forced to pay for it.

Unfortunately I was unable to find any purchase for that position within the Florida party when I was involved in it on the health care side of things, and that factored largely in my decision to ultimately resign.

But what has become quite clear -- and has continued -- is that the Libertarian Party has succumbed to the siren song of freedom without consequences for the person so desiring to act -- that is, the party has come to fully embrace the idea that everyone else should get the bill for your acts by force.  Want open borders? That's fine but first you must end all welfare -- for everyone.  You can then come here through an Ellis Island sort of arrangement where the criteria is you have no communicable diseases and you have no obvious physical or mental defects -- and can prove that by examination and records, along with no criminal history.  However, there are no handouts for you or anyone who you sire or bear because there are none for anyone else either.  When -- and only when -- that precondition exists that is Liberty, but with just consequences -- your actions or inactions are your responsibility, as are the outcomes.  So long as there is welfare there cannot be an open border; that is not "liberty" at all in that it is support of a right for someone to break the law and charge someone else, forcing them to pay after the fact for what they want to do.

You want to legalize some (or all) drugs?  Fine with me.  Let's have the debate and let's include all current pharmaceuticals; all become over-the-counter requiring nothing other than proof that you're an adult (and thus presumptively competent to choose.)  But again, if you take that position then you must first end welfare; repeal EMTALA, remove any claim to freebie medical care at all by other than true charity, there can be no subsidies for same, no handouts for housing, food or anything else.  Go ahead and get stoned but if and when you are impaired as a consequence and can't work you starve.  Get addicted and the consequences are yours -- and nobody else's.  Nobody else is responsible for the cost of your addiction treatment -- you are, and if you don't want to or can't pay, and nobody will provide you that through pure charity you don't get any.  Cause another person injury or worse while stoned its not an excuse; you're fully liable both criminally and civilly.  That is Liberty with consequences.

Want to be homeless?  Fine; nobody has a right to force you to rent or buy a home but you cannot camp on public property because that forbids others from using that same piece of public property and your rights are not superior to anyone else's.  You can't steal shopping carts; that's theft and its a crime.  You can't urinate or take a dump in the street; both littering and spoilation of public land is a crime because it harms the property owned by everyone and in the case of trash or human waste is not only unsightly and smells (you don't have a right to impose on others) it also attracts vermin and spreads disease.  No squatting on someone else's land is allowed either for what should be obvious reasons -- its not yours.  If you do any of those things you get arrested and jailed for it -- and have to unscrew whatever you screwed up -- including cleaning up said streets, earning the funds to repay whatever you stole (e.g. said shopping cart) and similar.  Again, that position is one of Liberty, but with consequences.

And then there is the rank authoritarian side, which Oliver has displayed.  He publicly cheered Trump being banned on Twitter.  So much for Freedom of Speech.

 

It probably shouldn't surprise me that Oliver has nothing positive to say about actual liberty, along with the consequences of exercising same -- his entire political career, including when he was an Obama supporter, was in furtherance of alleged "liberty" but at everyone else's expense -- that is, without consequences -- and for that reason I can't vote for him, nor could I reasonably consider myself a member of the party on a national level nor register to vote under their banner since their very name is false.

View this entry with comments (opens new window)
 

2019-09-22 07:00 by Karl Denninger
in Politics , 276 references
[Comments enabled]  
Category thumbnail

You have to give Andrew Yang credit for being willing to put forward "UBI" -- a $1,000 a month "stipend" that he foolishly calls a "Freedom Dividend" -- with of course a boat-load of fraudulent claims of how he's going to pay for it.

Chief among these is a 10% VAT -- which sounds good, but it's problematic for a whole host of reasons, not the least of which is that it won't raise enough money.

Remember that a VAT exempts government spending, since that's just taxing yourself.  Yang recognizes this and pegs the revenue from a VAT at $800 billion as he also removes groceries, clothing and apparently some other things from it.

He also says he's going to "consolidate" (get rid of) many other welfare programs.  The problem is that the only ones that matter from a budget perspective are health care related.

At the same time Yang wants to expand Medicare to everyone.  The problem is that these two programs are in direct opposition to each other.  He says he'll be able to bring costs under control but Medicare and Medicaid have utterly failed to do so.

In other words Yang is a pie-in-the-sky Democrat protecting and in fact expanding the medical monopolists.

Look folks -- CMS -- Medicare and Medicaid Services, have spent $1.465 trillion through August which is 35% of the federal spending all-in.  The federal budget deficit during that time was $1.067 trillion.

In other words that spending was 137% of the deficit.

If you killed all the medical monopolists and took the "low hanging fruit" as I described in that post you would erase the entire federal deficit, plus some and not one person would be denied medical care.

Further, you'd take roughly another trillion and a half off private forced spending on this alleged "service" since the "service" is 500% overpriced.

This would instantly resolve both the federal debt and all the state and local pension problems -- at once.  It would also eliminate the destruction of personal purchasing power and that of saved funds.

20% of the people in the country -- those who are involved in and require this scheme to make a living -- would hate you.

EVERYONE ELSE WOULD VOTE FOR YOU.

In short this is one of those nearly-impossible to find 80% issues among the electorate.  That's exactly what Trump exploited (a claimed 80% issue that he never actually addressed) to get elected himself -- illegal immigration and displacement of American workers.

He was lying, as we now all know in that instead of resolving any of these problems he has dripped out half-measures where, as the head of the Executive he could have resolved several of them immediately but that sales job is why he's President today.

Yang seems to think that socialism will somehow "work" in health care.  It never has -- in health care or anywhere else.  NHS in Britain is falling apart.  So are the other socialist health care systems.  They're falling apart even though they exist almost-entirely on the back of the 500% overcharge Americans pay in that we effectively fund the R&D and in many cases the reproduction cost of everything they use.  Even with that sort of outrageous transfer and theft they're still fiscally underwater.

Yang could have -- and perhaps, for a very short period of time forward still can -- become a credible candidate.  He needs an 80% issue -- indeed, anyone who intends to try to take on Warren, Bernie or Biden does, just as I've argued for decades that if you want to try to run as a third-party candidate you need to as well.

Remember Ross Perot?  He took up an 80% issue -- the giant sucking sound of "tariff free" trade with Mexico.  Had he not folded his tent he would have likely won too.

There are so many other crackpot ideas on Yang's plate that frankly, I can't take him seriously.  The "vote at 16" idea is one of them.  Representation comes with responsibility, or at least it's supposed to.  Yang is nothing more than pandering with this bullshit -- if my kid can vote at 16 I can eject him or her at 16 and they can go fend for themselves.

There are acts that should define you as an adult in all respects.  Reproduction and Felonious conduct are two of them.  Voting is a third.  Today we refuse to recognize that exercising the most-profound power a human can have -- to reproduce or not -- does not come with the responsibility commensurate with that power.  This must change and since slavery is immoral (never mind illegal) there's only one direction it can that is consistent: Pregnancy, for both sexes, is an automatic and irrevocably emancipating event.  So is a felony conviction.

Further, Andrew is a pie-in-the-sky economic bullshitter.  "Saving for retirement", which is one of his planks, is impossible in a nation where the federal government runs a 25%+ fiscal deficit and thus destroys the value of all saved capital.  This has to be stopped -- or those who both promote policies that allow and expand that practice must be removed from the public square by any means necessary.

Fortunately for Andrew there is a way to stop the deficit spending and get the 80% issue and greatly improve health care delivery while slashing cost by 80% or more.

But he hasn't taken it -- just like the rest haven't either.

That's because he doesn't really believe in any of it, just as neither do the others -- including our current President.

Sadly they're all bullshitters and con artists.

View this entry with comments (opens new window)
 

2019-08-30 13:12 by Karl Denninger
in Politics , 1586 references
[Comments enabled]  
Category thumbnail

Here's what you get if you basically draft me, since I don't fit either the RINO or Communist party profile:

  • Wage, environmental, IP theft, government oppression/subsidy and currency manipulation tariffs.  There will be zero incentive for any entity selling to anyone in America to place manufacturing or anything else (assembly, sourcing, etc) in a foreign nation to try to arbitrage poor people, dump poison in their water, into the air or on their land instead of here, etc.  Each class of goods will have the appropriate tariff calculated on a per-nation basis with no exceptions.  Any nation or firm attempting to circumvent this by cross-shipping or falsifying records will lead to an immediate, 100% embargo of all involved goods with them seized and destroyed on entry.  Again -- no exceptions.  Yes, this includes (but certainly isn't limited to) China, Vietnam, India and Mexico.

  • 100% E-Verify now.  All employers have six months to comply for existing employees, all new hires must have it run.  Liability is personal and cannot be thrown off on a staffing company or other scheme.  All 941s (quarterly withholding filings) must include E-Verify control numbers on them.  Congress will receive a bill on my first day in office to upgrade failure to include same on 941s, hiring or paying people without reporting accurately on same, or any other form of evasion by any means to a criminal felony with 5 years in the slam-slam for each person so not-reported or evaded, served consecutively, with no pleas or reductions allowed along with a $50,000 fine per person, per year who is not reported accurately.  That ends the BS.

  • It shall be the policy of this nation that no free trading relationship nor normal customs and immigration relationship shall exist with any nation that permits either their nationals or foreign nationals to travel through or use their border with our nation for the purpose of unlawful entry into the United States, nor shall such a relationship exist with any nation that suborns or permits its nationals to violate our laws whether in regard to people, goods or services.  Mexico in particular shall cut this crap out or the border will be closed -- period.  The National Emergency required to do this has already been issued by Trump and I will execute on that on my first day in office.  This shall also be applied to China as a consequence of its export of fentanyl and precursors intended for unlawful distribution in the United States.

  • H1b visa sponsors shall be required to pay 200% of the prevailing wage in America.  If there is truly a shortage or is being used to import those who are truly exceptional minds, to the point that we simply can't meet the challenge here, so be it -- the cost of doing so compared to the benefit will be tiny.  If this visa is being abused by corporations a wage suppression artifice, and today it is, that's ending.  Right now.

  • As President my first and foremost duty is to protect the integrity of the United States.  This includes physical security at the US border.  If necessary the military will be deployed to defend same against any and all invaders.  Our military exists for the primary purpose of preventing and repelling any attempted invasion of United States territory.  This is not only Constitutionally permitted it is Constitutionally required of the Commander in Chief.  This does not violate The Posse Comitatus Act; the military will not be there to execute a civilian police action, they will be deployed to prevent and turn back invasion.  If you want to come and apply as an immigrant, whether claiming asylum or otherwise, do it lawfully at a port of entry or US Embassy.

  • 100% enforcement of 15 USC Chapter 1.  Amazon is the poster child in the retail space but hardly the only offender.  The entire medical space will also have this enforced against them.  See my model bill for how to fix it entirely.  Until passed I'll be content to throw lots of hospital executives and virtually every pharma company head in the slam-slam and destroy every one of their firms with ruinous fines.  Yes, as the head of the Executive (law enforcement) I can do that without ANY new laws, and will.

  • 100% legalization and regulation of marijuana immediately by de-scheduling.  The DEA is under the DOJ, and as the head of the Executive I'm their boss.  THC will be de-scheduled immediately.  Period.  In addition a full review of the medical and scientific evidence will be undertaken for every drug currently on said schedule and they shall be adjusted accordingly.  No ifs, ands or buts.  States can do what they wish but on a federal level it's done on Day #1 and I will fire as many people as necessary and replace on an interim basis until it happens.

  • BEA and BLS will be directed to remove all "hedonic" and similar adjustments immediately and permanently.  As they are under the Department of Commerce and Labor, respectively, they too are under the Executive.  Therefore said order will be issued on Day #1.  Inflation numbers shall have all hedonic adjustments removed immediately and on a forward basis, and in addition productivity shall be removed from inflation numbers as well.  That is, inflation is inflation and we're going to stop lying about it.

  • The Fed will either adjust policy to meet its mandate of stable prices over the medium term or I will do whatever I must to destroy and replace it.  Period.  They do not have the privilege of re-writing legislation and "stable" means unchanging, not 2% "doctored and fraudulent" inflation.  Specifically they will control money and credit aggregates to reverse the scam of the false inflation numbers via hedonics and productivity that were unlawfully applied over the last 30+ years.  I understand doing this in a week can't happen, but it will happen and they will run policy commensurate with their Congressional mandate or I will find a way to remove them by whatever means it takes.  Cue President Jackson on this one, if it comes to it; Treasury can be directed to buttfuck The Fed under Executive power, that's already obvious and actually not even slightly difficult given the will and I will do so.

  • A National Emergency will be declared on the first day of my Administration relating to the Internet and threat to our Republic that the current abuse of same both foreign and domestic has incurred.  The specific demands for reform will include separation of utility and application functionality with the former being absolutely barred from discrimination in sales of like kind and quantity for any firm with more than $100 million a year in revenue worldwide.  Any firm that refuses will have all foreign transactions blocked in accordance with the 1970s NEA powers and all dollar-denominated transactions and assets frozen.  Further any coordinated action to ban particular political perspectives, points of view or publishers shall bring instant prosecution under 15 USC carrying felony criminal penalties.  I will perp-walk every single major social media, transport, cloud and DNS company executive straight into federal prison if I must. The bullcrap we're dealing with now will stop or the firms doing it will be destroyed with their executives asset-stripped to their underwear.

  • The 2nd Amendment shall be restored.  I shall seek declaratory judgment from the Supreme Court on the fraud in Miller's instance and, once having secured same shall move to have the entire body of existing "gun control", other than actual commerce between states which does remain a federal power, declared void.  In addition the 14th Amendment guarantees incorporation against State Laws on matters of civil rights.  Any state or local government official who disagrees will find themselves in the federal slam-slam facing 18 USC 242 charges.  Until that is accomplished the DOJ shall be directed to ignore that blatantly unconstitutional set of laws and if they or any other federal agency refuses I shall issue pardons to anyone they arrest on any non-violent firearms offense.  If you want to make, own and carry a firearm, suppressor or whatever -- have at it.  If some federal agency cop shows up and tries to bust you the next morning you'll be pardoned.  I don't care if I wear out 1,000 pens signing pardons.  This bullshit will stop -- right now.

  • The 4th Amendment shall be restored.  The entire "policing for profit" revenue share model on civil forfeiture is rankly unconstitutional and the entirety of that program will be scrapped by Executive Order on my first day in office.  Any state, county or local official who continues it beyond that day shall be subject to arrest and indictment by the federal government under 18 USC 242 which explicitly prohibits the violation of Constitutional Rights under color of law or authority.  That is a criminal statute and I will be more than happy to put 50,000 local cops and county sheriffs in the federal slam-slam if I must.  We'll have plenty of room with all the weed violations that will be released.  This crap will stop; if some copshop claims that money or property is the fruit of an illegal act before they can seize and attempt to forfeit it they must obtain a felony criminal conviction on the underlying offense and prove the connection beyond a reasonable doubt.  Period.

  • The Glo-bull warming scam will be stopped dead.  All federally funded research and data, past, present and future shall be declared as public domain.  Mann and his cohorts will be forced to disgorge same or be charged with theft (or destruction, if they try to evade it via tampering) of government property.  Enough.

  • I shall demand of Congress that the current law permitting International Cartels to operate in facial violation of 15 USC Chapter 1 be repealed.  This is an outrage passed in the 1970s in response to the Arab Oil Embargo.  Congress shall be called upon to repeal it on their first day in session.  Period.  Until they do I shall tariff all cartel-controlled products, including oil, sufficiently to make them non-economic for import and sale in the United States.  We can be oil-independent today and until Congress puts a stop to the OPEC rape-job one way or another we shall be.

  • I shall demand of Congress an immediate rescission of (1) all federal funding of student loans and (2) immediate removal of the "privileged" status of such debt on a forward basis from bankruptcy discharge.  All such lending on a forward basis shall be private and shall be subject to the risk of bankruptcy discharge.  This will instantly collapse the cost of college to something you can afford to attend and engage in by working at Starbucks.

  • It shall be the national energy policy of the United States to explore and, if justified, develop LFTR-based nuclear energy, including using coal as the Thorium feedstock, so as to become entirely energy independent through its use and CTL technology within 20 years.  The math and basis for this is found in this post from 2011, or if you prefer in my book Leverage.  This is achievable given the technology of today and we shall do it as a nation so as to never again be able to be held hostage for electricity, transportation or war-fighting fuels.

  • It shall be the foreign policy of the United States that unless (1) an American or (2) a piece of American property, including a flagged vessel, aircraft, embassy or other item is damaged or destroyed it is not a matter for our military.  The United States shall respect the sovereign power of all nations.  However, no nation shall enjoy a free and open trading relationship nor shall the ownership and control of any US property whether physical, intellectual or otherwise be recognized on an equal and unimpaired basis by any of their firms or nationals if said nation does not afford all of its citizens on a substantially equal basis the freedoms guaranteed by the 1st, 2nd, 4th, 5th and 6th Amendments to the US Constitution along with substantially equal rights without regard to sex, race, color and creed.

  • It shall be the goal of my administration to fire half of all Federal Employees within my first term and shrink both the Federal Statute Books and CFRs by 50%.  I think I can do better, but that's the goal for the first 4 years.  We'll see.

  • I shall neither submit or sign any budget that runs a deficit except in a time of declared war and in fact shall sign no budget that does not run a surplus as a percentage of GDP equal to the previous 12 months productivity gain or more if same is positive.  End of discussion, full stop.  Whatever the government wishes to do it will pay for, and all such shall include the room for whatever supplemental appropriations may arise including disasters.  No exceptions.  Disasters are not known in advance but that they happen every year is.  Further the government shall not steal the natural improvement in purchasing power that belongs to the citizens as a consequence of their improvement in productivity either.

  • No, I will not stop using "colorful language" when it is appropriate.  Running a nation is an adult job.  Children do not have a seat at the table -- not because they aren't respected but because they lack the experience, wisdom, impulse control and judgment to be considered an appropriate resource in such matters.  If you're incapable of dealing with adult matters then feel free to go hide in your "safe space" and let the adults do what has to be done -- including, occasionally, erecting a well-earned middle finger.

  • No, I will not publish my tax returns.  The requirements to run for President are in the Constitution.  Tax returns are confidential, period, end of discussion.  Incidentally, so are medical records (HIPPA) so no, I won't be taking any public medical exams either.  However, you're welcome to peruse my running time records in races where I publicly appear and there is a publicly-visible clock, and draw from that whatever conclusions you wish.

To the extent any of this requires Congressional approval I will veto at my discretion every single bill that comes across my desk until the necessary statutes are enacted or repealed.  This specifically includes but is not limited to all spending bills.  In addition to the extent spending is constrained by said vetos I will direct that the first cuts are to all security, maintenance, utility and other facilities and programs that benefit any member of Congress or their staff.  They will either do their damn job or they'll take the brunt of their refusal, unlike Barry Soetero who punished ordinary Americans when Congress didn't do what he wanted.

There's plenty more but this will be a good start for my platform.

I'm available for public debate on any or all of this platform against anyone else who believes they have better ideas and wishes to take the left seat.  As noted, since I'm aware of no party interested in these positions one of them will have to draft me....

As for electors and the state filings for same we'll cross that bridge if there's enough to be worth doing what has to be done to make that happen.

This page is subject to update but no commitment above shall be materially weakened or changed to the detriment of the people of this nation, and if challenged on same I will produce the entire audit log of this page back to the original posting of this message. -- Karl

View this entry with comments (opens new window)
 

2019-03-04 07:00 by Karl Denninger
in Politics , 445 references
[Comments enabled]  
Category thumbnail

Since nobody at CPAC wants to talk about it.... I will.

The bill is really quite simple:

  • No person shall be entitled to any public funds or federally-funded government services unless they are a United States Citizen, Lawful Permanent Resident, or explicitly admitted under a formal refugee resettlement agreement.  No person admitted under such a formal refugee resettlement agreement may receive any federally-funded service or public funds beyond the term of five years, which may not be extended.  (In other words you either qualify for lawful permanent residence during that five years, including integrating and learning English, or get the hell out.)

  • No person or organ of government may obligate any private party to provide any form of federally-sponsored benefit or mandate to any person not a Lawful Permanent Resident, Citizen or explicitly-admitted refugee during the above five-year period where said benefit, mandate or enterprise operates with any material connection to or with supplies procured in interstate commerce.

  • No person who is not a citizen or lawful permanent resident may obtain any personal or financial benefit from federally-sponsored or funded benefits or mandates through a claim of familial or custodial relationship with a citizen or lawful permanent resident.

  • Any person violating this statute shall be criminally liable under the crime of fraud for the full amount of such benefit, the full cost of any such mandate they access imposed upon the party who provides it and shall be ordered, upon conviction, to pay all such costs, expenses, court and attorney fees incurred by the party so impacted.  In addition any person violating this statute shall suffer a permanent inability to enter or remain within the United States with any future attempt to so enter being a separate and distinct criminal offense carrying a penalty of not less than one and not more than five years, with the costs of said incarceration billed to said illegal entrant.

  • All persons desiring to claim asylum in the United States must do so in the first contiguous nation they reach after leaving the nation or nations that give rise to their claim at a US Consulate or Embassy in said nation and they must remain outside the United States while their claim is adjudicated.  Claims of asylum cannot be made nor processed by any person who is a citizen of a US-contiguous nation with which the United States has a formal trading and visitation relationship (that would be Canada and Mexico.)  Any act of illegal entry, past or present, to the United States permanently voids all privilege of asylum.

  • All employers shall transmit with each 941 tax filing the E-Verify control number for each person so-employed.  All new hires must have E-Verify run prior to hiring and all currently employed persons must have same run within six months of the date of this legislation.  Failure to include a valid E-Verify control number on a 941 transmission, forgery of said number or willful omission of any employee from said form is declared a federal felony offense carrying a mandatory 5 year prison term and $100,000 fine for each person so-omitted with all persons having constructive or actual knowledge of said omission or fraud jointly and severably liable for same.

That stops the influx.

No "free" education, health care, housing, food stamps or anything else -- either directly or indirectly.  You cannot poop out a child on US soil and have their presence create an obligation to you -- not for your birth expenses, not for your housing expenses, nor for your food, utility or other expenses.  While a State could fund whatever it wants it cannot use any federal funds for such a program, including Medicaid, public schools (which obtain federal funding), food stamps or similar.

If you come here under a resettlement arrangement you have five years to show that (1) you intend to assimilate and (2) you are willing and able to both work and meet all other criteria for lawful permanent residence.  If not you're cut off -- period.  No more Little Mogadishu nonsense that has produced a crazy number of jihadi wannabes.

If you employ an illegal invader and get caught everyone with actual or constructive knowledge of it goes to prison.  It does not matter who you are -- whether you're a CEO, Controller, Payroll Clerk, farm owner or someone hiring a nanny.  Period.

Do the above as a simple bill and the entire illegal invader problem disappears overnight.

View this entry with comments (opens new window)
 

Category thumbnail

What did I say when Trump first put forward The Wall for Mexico, and Mexico said "we won't pay"?

I said the solution is simple: Cut off remittances.

And now?

In the memo, Trump said he would threaten to change a rule under the USA Patriot Act antiterrorism law to cut off a portion of the funds sent to Mexico through money transfers, commonly known as remittances. The threat would be withdrawn if Mexico made “a one-time payment of $5-10 billion” to pay for the border wall, he wrote.

smiley

PS: Oh sure, there would be litigation.  But it's litigation I suspect Trump would win.  What would be even more amusing would be to both do it administratively (drawing said lawsuit) and then send up a bill to The House and ask them to pass it explicitly authorizing it.  That would force Congress to go on the record -- either support illegal invaders as policy or pass the bill into law.  If they pass the bill that moots the litigation at the same time...  smiley

View this entry with comments (opens new window)