SOCIALIST-COMMUNIST POLITICS IS BACK EN VOGUE IN EUROPE.

Today the socialist-communist party of the Spanish, Podemos, led by Pablo Iglesias, published the main points of their neo-communist manifesto. Iglesias and his Podemos cohorts have managed to surge in popularity



The plan reads like a 16-point plan of expressed stupidity, a plan that is blind to the nature of mankind and of progress.

There is so much fallacy wrapped up in the proposals as to reveal the childish minds of those who thought up the silliness.

Points of Reality

1. There is no such thing as "the public." Thus, there is no such thing as public service.
2. Credit and finance are useful to individuals, not to any abstraction.
3. A wage is price. Blocking price discovery distorts. It leads to abundance in one area and dearth in another.
4. To be solvent, a payer of annuities must know the terms (the time limit and the sum limit).
5. All income is the same.  If income taxation exists, the rules must be the same, whether for an individual or for a firm. The lack of depreciation schedules for individuals reveals that both capital outlays and income gained gets subsidized for firms.
6. Mortgage-backed securities amount to a subsidy to bankers' risk. Political subsidy of mortgages distorts prices. Politicians should be prohibited from underwriting mortgages.
7. It's insanity for legislators to incur debt to fund salaries and welfare. Worse, it's immoral to force others to pay taxes to fund interest on debt that pays for bureaucrat salaries and welfare. Politicians should be prohibited from incurring debt except to fund revenue-enhancing infrastructure like ports, roads, bridges and tunnels.
8. No woman needs to marry and subjugate herself to a man. It's mere rhetoric and parroted stupidity to claim housework is unpaid labor. To whom is the housewife selling her skills through time (labor) in a purchase and sale? Who is buying from the housewife in a purchase and sale?
9. Anytime, employees are free to pool their wage profits and credit into capital and start their own competitive firms.
10. Legislative debt problems arise from bad borrowing and spending practices by politicians. Countries don't need debt restructuring. Citizens everywhere need political restructuring, which would strip power and authority from politicians across a wide swath of activities.
11. "But it's for the children" is one of the dirtiest and oldest political tricks from the book of political tricks.
12. Citizens already have minimum incomes that comes from subsidized rent, food and the like. Often, those minimum incomes are quite high.
    
    Rather than institution of a minimum income, which never would be enough according to its proponents, a maximum payout of welfare should be imposed both on a yearly basis and a lifetime basis. Never should welfare take the form of cash or bank credits.
    
    Food should be dispensed from soup kitchens imposing a strict diet upon recipients. Meal times should be curbed with doors abruptly locked at closing time.
    
    For those needing shelter, bunk houses should be built. Children should be segregated from adults.
    
    No able-bodied individual ought to receive welfare without also receiving skills training and psychological training.
    
    Welfare, which is another way of saying minimum income, ought to be a tough-love experience used to help anyone fix himself or herself upon a new path of betterment.
13. If politicians levy taxes on the sale of property, which is the right of ownership and never what is owned, on cars, on clothes, on concert tickets, there is no legit reason to not also tax the sale of property in stocks or bonds.
    
    As I explained in WHY IS THE ECONOMY SO HORRIBLE? BECAUSE ACADEMIA ECONOMICS IS FAKE,
    
    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. The name for property that can be sold to satisfy debts is asset. The name for property pledged against a debt is collateral.
    
    As I explained in The Theory of Trading Property for Profit,
    
    Stocks and bonds are known as corporate securities. Legally, stocks evidence property (ownership) while bonds establish liability on property.
    
    That said, corporate organization through securities does what instruments of property transformation do and that is to upgrade property making it merchantable.
    
    Improved land for purpose, purpose-built buildings, and specialized machinery stand fit only for purposes as designed. As highly specialized property as capital, such property loses its merchantable qualities through specialization.
    
    However, when split into fractional property of partial rights as represented by stocks and bonds, such property becomes highly merchantable.
    
    As a credit instrument, a bond give evidence upon a promise to pay principle and interest from future profit. A stock gives evidence of ownership but promising nothing with respect to profit.
    
    The holder of a bond becomes a creditor to those who issued that bond. The holder of a stock becomes part of the company who issue it and thus a fractional debtor for all liabilities of the company, including bonds.
    
    Since stocks and bonds are mere property, and if politicians levy taxes on the buying and selling of other property in purchases and sales, then no legit excuse exists to not also levy taxes on the buying and selling of stocks and bonds.
    
14. For a bonus, quickly learn about the reality of taxes in IF YOU DRIVE A CAR, I'LL TAX THE STREET. IF YOU TRY TO SIT, I'LL TAX YOUR SEAT. MR. WILSON. MR. HEATH.
    

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"FREE COLLEGE FOR EVERYONE!" SAYS BILLHASLAM

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Bill Haslam, governor of Tennessee and brother of the owner of the Cleveland Browns, has proposed that Tennessee taxpayers ought to pick up the tab for any graduating high school senior to attend a two-year community college or a college of applied technology free of tuition and fees.

Few reformers ever touch on reality. Reality starts with knowing one's purpose. What ought to be the purpose of education for strangers living in a society of property, where property always means the right of ownership and never the things owned? 

Education should support progress. One word sums up all of progress — autonomy. Autonomy is self-government of anyone in society of property.

Haslam touches on what needs to happen — real reform. Yet, his approach would fail to do the job if implemented.

Here is what real reform that leads to successes would look like:

Elementary schooling should emphasize expression — learning musical instrumentation, learning 2-d and 3-d perspective drawing, learning all kinds of athletics. Of course, reading proficiency and arithmetic proficiency ought to be concurrent with the foregoing.

All indoctrination of young minds in elementary education should stop forthwith. There is no need to pollute minds with phony versions of history nor is there good cause to subject young minds to support contemporary political factions seeking extra privileges.

High school needs to end at 16. Middle school and high school ought to be combined. The end point of high school should be an understanding of jurisprudence and civics so that young adults can become engaged citizens.

During these years, students ought to learn an authentic history of what it means to be American. Thus, such a history should begin in-depth around the English Civil War and culminate around the eve of World War 1. Next students should learn about the control for power of America through the various wars and schemes and why the USA as ended up where it is today.

Along the way, students should gain proficiency in algebra, odds-making, risk-assessment, rhetoric, persuasion and bookkeeping.

What is now the first two years of an undergrad education or the full two years of community college ought to become two tracks — (1) three years of foundation preparation with the curricula the same everywhere — calculus, statistics, finance, business law, physics, chemistry — which gets completed by 19; and (2) production trades for mechanics, technicians completed by 18. Either way, both would lead to skilled Americans for actual work.

The bachelor's degree ought to be done away. Instead, universities ought to begin with conferring master's degrees built from the foundation preparation above. So by the time an American is 21, she or he is a master in a field such as business or engineering or law. The JD ought to be eliminated.

The advantage to the foregoing is that when occupational demands change, anyone needs but a quick two years to change his or her master vocation.

With an additional year, for those seeking to become medical doctors and dentists, instead of the two years master's degree, such persons should gain a medical degree readying them to gain licenses straight away.

However, too many vested interests have want to keep schooling extended for years upon years. There are too many academicians with bogus Ph.Ds pursuing personal hobbies as research, which ought to be privately funded as charity. Whole fields need to be eliminated such as sociology, Chicano studies, Afro-American studies, women's studies, and all other such political fields of pseudo-science.

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