HAVE IT YOUR WAY. HOLD THE POLITICAL B.S. LETTUCE, OBAMA AND CONGRESS. BRAZILIAN-OWNED BURGER DECIDES TO RELO IT'S CORPORATE REGISTRY TO CANADA

Back on August 24, 2014, my best Canadian friend alerted me to the Burger King acquisition news of Tim Horton's as published by the Wall Street Journal. Though I scanned the story, I didn't think much of it.

Back in 1995, Tim Horton's had entered into a merger of sorts with Dave Thomas' Wendy's based in Ohio. Horton's largest shareholder, Ron Joyce, became the largest shareholder of the merged firms. By 2006, the controlling interest of the Wendy's shares spun out their Tim Horton shares in an IPO.




Burger King isn't an "American company." It's owned mostly by Brazilians, 3G Capital of Brazil, which acquired a majority stake in BK back in 2010.

It's true that Chairman Alexandre Behring works out of a New York City office, but it is laughable to call Burger King an American company, even if the BK HQ sits in Miami-Dade County, Florida.

Brazillian-owned Burger King exports to the USA when they sell burgers at any of the restaurants situated in the USA. Their investments in exports to the USA provides jobs, buys USA-sourced products and more.

Why should you care if Brazilian-majority owned Burger King relos it's US HQ from Miami-Dade, Florida, to Oakville, Ontario? BK is the largest fast-food chain in both Mexico and Spain. Should the Mexicans or Spaniards cry that BK could become a Canadian domiciled firm?

Why should Brazilian-owned BK pay taxes to the U.S. Congress on income earned in Mexico and Spain, two countries where BK leads in fast food sales?

In an increasingly globalized world, one which the U.S. Political establishment established through Nixon going to China and expanded through the World Trade Organization, the U.S.-Canadian Free Trade Agreement, the expanded NAFTA, and numerous other FTAs, this is what happens.

The U.S. Congress needs to awaken to a globalized commercial reality. The craziness of taxing Americans who earn income in foreign lands while living there needs to flat out stop. It's time to stop taxing anyone who earns income in foreign lands while domiciled there.

And for those living in the good ol' USA, no one should be required to pay more than 10% of his or her income to all government levels combined — The U.S. Congress, a state legislature, a county, a municipality.

And since the USSC recognized corporations as persons, way back in 1885, no corp should be required to pay more than 10% of its income in taxes.

In the U.S.A., politicians make all the rules that define all the markets. Many would like to blame the CEOs of corporate entities that adjust to the realities of a globalized commercial world as greedy. Those who do, point fingers at the wrong people.

THE GREEDY ARE THE ONLY PROBLEM THE WHOLE EARTH OVER.

Bloomberg has it wrong. It's not the IRS that sets the tax policy, it's the greedy U.S. Congress. If Obama were any kind of a leader, he would call on Congress to change its tax policy and call for smaller government needing less tax collection.

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POVERTY AND ENVY

There is profit and loss for everything. We calculate profit or loss by subtracting income less expenses. In the absence of intervention, some things would not get sold for long as the sum of sales could not yield a profit. 

All humans start out at a loss, their lives subsidized by their parents. Calories consumed, be those food calories and heat calories, are their expenses. 

Welfare collectees live at a loss. In short, they do not produce anything that anyone wants and thus even if they produced something and with output surplus, still they produce at a loss. They get kept alive only out of the goodness of others in charity or by the nefarious schemes of welfare-doling collectivists who need them to justify their acts.

WHY POVERTY AT ALL?

Poverty arises because the impoverished do not output at all or fast enough things that can become wealth.

ABSOLUTE POVERTY AND RELATIVE POVERTY

There are two kinds of poverty — absolute poverty and relative poverty. 

Absolute poverty deals with those living by operating at a loss. They do not produce anything that anyone or enough want such that they at least break even. In short, they do not earn their calories.

Relative poverty arises from the Politics of Greed and the Rhetoric of Envy. It's all around you.

"It's not fair that the guy over there gets a $50 million bonus because he works as an investment banker and has gained skills, which lets him materialize wealth that far exceeds his costs in doing so, while I march here in the streets of lower Manhattan sipping on my non-fat, mocha double latte, sending the latest updates of Occupy Wall Street on my 4G smart phone, that my parents mostly pay for the bill! At least I paid for the snazzy case from what I earned working my job at Big Box Retailer, which my snazzy dual major in Transgendered Women's Studies and Ebonics Literature helped me secure, thankfully. I am the 99%!"

Truly, THE GREEDY ARE THE ONLY PROBLEM THE WHOLE EARTH OVER.
 

PROPERTY AND PROFIT

The entirety of trade, also said as commerce or commercial life, ties up with two words — property and profit. Without profit from effort, anyone would lack buying power to buy anything else. Without property, no one can trade. 

Though most think of property as things possessed, property always has meant the right of ownership and never the thing owned. Only when property gets created, can trade arise between two persons. 

The name for property put to making stuff is called capital. The name for property put to purchase and sale for cash and credit is wealth. 

Persons can profit when they produce surplus property in something such that the sales of their surplus exceeds the cost of their living. 

Labor is the poor man's capital. The wage worker buys living space, food and transport. He gains property in those things. Those things are his capital, which he needs to produce his labor.

From his labor, he expresses skills through time, which all call work. Property in his work is his wealth. 

He trades his wealth in a purchase and sale for wages with his employer. Wages are the wealth his employer trades away.

His wages less his expenses to live become his profit.

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THE GREEDY ARE THE ONLY PROBLEM THE WHOLE EARTH OVER

Everyone is free to read these facts that I present, facts interconnected in accuracy and defensible through bulletproof logic. 

Those who accept these 15 points understand adult life and much of what adult life entails — power, control, politics, governance, property, property as capital, property as wealth, work, trade and profit. Those who fight against these 15 points above suffer from cognitive dissonance and thus likely try to defend false beliefs inculcated into their hyper-indoctrinated minds.

1. Society consists of strangers who engage in trade of property.
2. A society of property is the only kind of society that can arise among strangers, each who pursue self-interested goals.
3. Property means right of ownership in things and not things owned. Property is a bundle of rights  — Jus Possidendi (right for possession), Jus Utendi (right for using), Jus Abutendi (right for destroying, alienating), Jus Vindicandi (right for recovery when found in the wrongful possession of another.
4. When property gets put to use to make more property, the name for such property put to use is capital.
5. When property made from capital gets traded in purchases and sales, most often for cash and credit, the name for such property is wealth.
6. Labor is the working man's capital. Work done is the working man's wealth, which she or he trades for wages, most often in the form of bank credits and less so for cash. Wages paid is wealth traded away to hire work.
7. Bank credits and cash constitute buying power.
8. Buying power is the means by which anyone can acquire the wealth wanted after selling away wealth produced in surplus and not wanted, whether that wealth is embodied in a finished product or work through time.
9. It is greedy for anyone to seek buying power without producing wealth in surplus that others are willing to trade to get in a purchase and sale, under condition of honest dealing.
10. As a creation of strangers of a society of property, government is supposed to exist only to protect any individual at random and his property from a mob, whether foreign or domestic, from stealing his property unjustly. 
11. Today, government, the creature, has superseded its creators. Men of government through law impose duties and rights upon strangers in society of property and well as themselves acting as the government.
12. Some of those duties include paying income taxes. Some of those rights include fulfilling greedy desires. 
13. Men of government through law grant rights to fulfill greedy desires as a means to secure and enlarge their grip on power. The more who are dependent on welfare and subsidy for their livelihood, the more support they give to those holding power.
14. Expressions of right in fulfilling greedy desires include welfare taking and subsidy taking. Specific examples include recipients of TANF, SNAP, Section 8, Medicaid, Medicare, Social Security, farm subsidies, Pell Grants, all workers of agencies engaged in doling the former as well as all workers in agencies regulating industries, which inhibit new entrants through inhibition of capital formation. Such agencies include the FDA, SEC, FAA, FCC.
15. Men of government through law impose liability for those who operate outside the framework of subsidy and welfare to fulfill their greedy demands. Thus, through liability, anyone is free to pursue right of action in civil fraud. Men of government reserve to themselves right of prosecution in criminal fraud.

Every right minded, straight dealing person knows that to get property, which is the right of ownership and never the thing owned, in anything, a person ought to acquire such in a purchase and sale with the current holder of property by trading cash or credit for property in whatever is being traded.

Everyone who has a sense of right and wrong knows that it is wrong to try to get something for nothing. And that is what the greedy do. 

That is the picture perfect definition of greed — striving to get something for nothing from someone else, without giving up something wanted in honest exchange or in honest trade of purchase and sale. Greed is wanting property in stuff without having to trade for such fairly. Greed is striving to get something without giving up something wanted by someone else in an honest exchange.

The word greed came into English about 1600, making it word of a Middle English. It is a back formation from the West Saxon word greedy, which makes that an Old English word.

Greedy is the Old English word meaning covetous. The word was used for the Greek philargyros meaning money loving in Christian religious translation tradition.

A covetous person would be one who is painfully desirous over another's advantages. Such one would seek any means to acquire those advantages without having earned those advantages honestly.

Being greedy is being envious of others who are rich and successful and driven by that envy, striving to get something, often buying power — cash, bank credits — for nothing — doing no work or not doing legitimate work. Every right-minded, straight-thinker of sound mental health would agree.

Getting welfare, getting subsidy, swindling people by fraud — all accurately express the concept of greed. Welfare takers, subsidy takers, fraudsters, all share one driving trait, a trait that nullifies character within them. They are all greedy to the core.

Seeking welfare instead of work, accepting welfare and then never paying back for that welfare is greed. Welfare collectees, subsidy seekers, fraudsters — all are greedy.

Bernie Madoff was greedy. He swindled people of their bank credit, technically, so he could get rich without having to give up in trade, honest services of earning profits trading stock.

Madoff committed fraud because he was greedy, which is another way of saying Madoff wanted something — other people's cash and credit — without trading for it — selling them stock portfolio services that would lead to honest profits.

Welfare collectees are the same as Bernie Madoff. They want free rent and free food for their entire lives without working. The common denominator between Madoff and welfare collectees is that both are greedy — they both want something — buying power — without giving up anything in honest trade — work.

When do you see welfare collectees quit welfare, work and pay back taxpayers for welfare they collected? Those who aren't greedy would do so. Anyone who gets off welfare and gets a job, paying income taxes fails to pay back for past greedy welfare collecting. Instead, they pay forward for future greedy welfare collectees.

Work is the honest trading of skills through time, of course.

Those who live by capitalism in an honest manner never are greedy. There is no greed in honest capitalism. Never is there greed in authentic capitalism.

Capitalism means living by putting property to use, which is capital, to produce property for trade, which is wealth. 

Producers deploy automation questing for efficiency. Efficiency can let producers accept lower winning bids for what is on offer while maintaining profit margin.

Whether produced with automation or not, products traded for cash or bank credits is still honest trade. Producers who use automation are not getting something — buying power in the form of cash and credit — for nothing — not selling product.

Wealth only arises from trade, of trading one kind of wealth, often cash or credit, for another kind of wealth, property in a product arising from property in production, which is capital.

Those knowingly who make shoddy products selling such products without revealing defects to trusting ones are greedy.

Freedom is the realm where a man or woman is self-sovereign. In freedom, anyone has liberty. Liberty requires government. 

Anyone has duty, in truth, only to those that one brings forth among the world. Strangers have no duty to each other and no stranger has an inherent right to anything from anyone else that doesn't arise from mutual consent.

Forcing people to surrender their living for others is mere savagery regardless of how self-deceiving the rhetoric is. As long as people demand that persons get forced to pay income taxes or face imprisonment to pay for welfare and subsidy, no one can be free. 

In representative democracies, without power, politicians couldn't cause all their wars and all of the mass murder that goes on with their wars. In representative democracies, politicians only can gain power by doling out welfare and subsidy to the greedy who surrender their individual power and sovereignty to politicians in exchange for unearned buying power.

[ See: 20th Century Murder by Government Democide ]

Greedy welfare takers and greedy subsidy takers are the problem. The problems are Crony Politics, Crony Governance and Crony Regulatory Capture. The problem rests in politics and governance rather than people in pursuit providing wanted products efficiently.


When trade is not hampered by artificial restriction of supply, nor inflated by artificial giving of buying power, the righteousness of free markets prevails. Only through markets free from Crony Politics, Crony Governance and Crony Regulatory Capture can all benefit owing to efficiency.

Peace and prosperity come to a society of strangers when each one gains self-enlightenment, self-actualization, by rejecting greediness in oneself and by rejecting calls by the mob to use forced against anyone as the means to satisfy the greediness of those of the mob.

To help you more, read these fast reads:

• LAW VS JUSTICE. GOVERNMENT VS SOCIETY. POLITICS VS YOU
• CAPITALISM. BECAUSE WITHOUT IT, YOU WOULD BE LIVING AS A BARE SUBSISTENCE SAVAGE
• WHY GOVERNMENT AT ALL YOU ASK?
• REAPING DAY APPROACHES. THE REAPER COMES TO REAP YOU. ANOTHER TAX DAY IN AMERICA COMES
• CAN YOU BELIEVE THEY HAVE THE RIGHT TO VOTE?
• TAKE THE PATH TO SELF-BETTERING THROUGH PROPERTY
• WALK LEFT SIDE, SAFE. WALK RIGHT SIDE, SAFE. WALK MIDDLE, SOONER OR LATER GET SQUISH JUST LIKE GRAPE.
• TYRANTS BIG AND SMALL. DYSTOPIAN UTOPIANS AND FORCING SOCIAL COMPACTS UPON YOU WHETHER OR NOT YOU LIKE IT
• CASHING IN THE BILL OF RIGHTS. TRUTH, JUSTICE AND THE AMERICAN WAY.

• WHY IS THE ECONOMY SO HORRIBLE? BECAUSE ACADEMIA ECONOMICS IS FAKE.
• MIKE "MISH" SHEDLOCK vs MICHAEL PETTIS, OR THE UNREALITY OF SAVINGS, INCOME INEQUALITY AND ECONOMICS
• BUT I SPENT 150 HOURS HANDCRAFTING THAT OIL ON CANVAS! OR THE LABORER'S SILLY THEORY OF VALUE.
• GREEDY CAPITALIST COMPLAINS ABOUT UNEMPLOYMENT INSURANCE EXPENSE AND QUITS HIS BUSINESS
• SAME AS IT EVER WAS IN THE LAND OF GLUTTONY AND SLOTH
• HOW IS THAT HIGH-PAYING WELFARE GIG WORKING OUT FOR YOU, GOVERNMENT "WORKER"?

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HEY SCOTT LONDON, YOU DON'T GET IT, STILL

In a hallway interview outside the courtroom, moments after pleading guilty to insider-trading, former KPMG partner Scott London said of his plea, "It was probably the worst day of my life."

Scott, you don't get it, do you. The worst day of your life happened when you decided to engage in an immoral act, breaking your fiduciary responsibility to your employer and to all Americans by cheating.

Your whine reveals you have learned nothing. You are a prime example of what is wrong with Americans today. 

Far too many Americans want to cheat others so they can get ahead at the expense of others. In short, they're greedy. They want something without giving up something else in honest exchange.

You are crying that you have been caught rather than crying about lacking fortitude, self-respect and the concept of fairness.


Instead of having said this,  "Imagine what you do, you do it for 30 years, you go to school for it and in a matter of weeks it’s all gone," you could have said Imagine if only I were a man of principle, no sum of money could have tempted me to betray the world and bring shame to my family.

For more on Scott, check out the L.A. Times story here.

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