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Switzerland Plans to Give Out "Free" Money - Claims It's a Libertarian Idea
Townhall.com ^ | November 14, 2013 | Mike Shedlock

Posted on 11/14/2013 8:38:56 AM PST by Kaslin

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1 posted on 11/14/2013 8:38:56 AM PST by Kaslin
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To: Kaslin

This was the final outcome that Cloward and Piven hoped to achieve by collapsing the welfare system. Hardly Libertarian.


2 posted on 11/14/2013 8:45:57 AM PST by Buckeye McFrog
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To: Kaslin
...and no libertarian would support increased taxes.

 

Au Contraire. There are plenty of libs here at FR that support increased taxes.

Not necessarily to give free money away, but rather to fund their pro-dope agenda.

3 posted on 11/14/2013 8:54:55 AM PST by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Kaslin

And all this “free money” represents - what?

Money is actually an abstraction, the assigning of relative value for goods and services, with a medium of exchange designated as stones, or metal disks, or seashells, or something else that is by general agreement, is believed to be both rare and valuable. Money’s value is measured by how swiftly the velocity of transactions proceed, not by a static collection of its tokens.

Probably nothing decreases the value of perfectly good paper more than printing upon it some designation of “units” of the acceptable currency, then reprinting it over and over in vast quantity.

Gresham’s law is an economic principle that states: “When a government overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation.” Bad money drives out good money.

We are seeing it at work right now.


4 posted on 11/14/2013 8:55:21 AM PST by alloysteel (Men may not always be capable of evil, but they are always capable of incompetence.)
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To: Kaslin

Explains why Tina Turner renounced her United States citizenship and became a citizen of Switzerland. /s


5 posted on 11/14/2013 9:09:07 AM PST by rawhide
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To: Kaslin

If you give everybody x amount of money, x becomes the new zero. x dollars will be worth practically nothing. So the idiots will propose to give everyone y dollars, and y will become the new zero. So the idiots will propose z dollars and so on until total breakdown of the currency system.

Whenever a liberal law fails, as they all do, liberals always demand a strengthening of the failed law, which also fails, prompting liberals to demand a further strengthening, ....


6 posted on 11/14/2013 9:18:58 AM PST by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
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To: Kaslin
The idea is closely analogous to Friedman's negative income tax but lacks its motivational elements.
7 posted on 11/14/2013 9:25:08 AM PST by Carry_Okie ("Single payer" is Medicaid for all; they'll pull the sheet over your head when you're done.)
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To: Kaslin

Nonsense, that’s not a Libertarian idea. It’s a DEMOCRAT idea.


8 posted on 11/14/2013 9:27:05 AM PST by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: bigbob

Thomas Jefferson would be horrified. It’s not a Democrat idea, it’s a COMMUNIST idea.

Sadly democrats these days ARE communists.


9 posted on 11/14/2013 9:31:11 AM PST by Black Agnes
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To: Black Agnes

This has been The Grail for the left for at least 45 years. Along with it, is the idea that no one would be allowed to earn more than 10x the basic stipend. Any excess over the putative $100k/year maximum allowed would automatically go to the government for redistribution.

This is actually the precursor to King zer0’s pronouncement that “No one needs more than $3M for retirement.”

I believe the UK has instituted this, or attempted to, under the rubric of saving administrative costs. It is called “Simple Payments” or something similar. Have also heard it referred to as *giro*, meaning a payment between banks, IIRC, but used to designate the weekly “Job Seekers Allowance”.

From what I have read, the dole day payments result in rapid transfer of the checks between *doleys* (dolees). (see Urban Dictionary or watch the UK version of “Shameless”)


10 posted on 11/14/2013 10:37:08 AM PST by reformedliberal
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To: Kaslin

This is not free, it is a petting zoo program. Whoever is giving that money the animals are going to depend on it.


11 posted on 11/14/2013 10:57:14 AM PST by lavaroise
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To: bigbob

indeed, whoever refuses this currency is going to be lynched by the terrorists.


12 posted on 11/14/2013 10:59:14 AM PST by lavaroise
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To: I want the USA back

It is not fraud because it is “democratic” and the “people” want it.


13 posted on 11/14/2013 11:02:04 AM PST by lavaroise
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To: Kaslin

Wat?

No.

Just...

No.


14 posted on 11/14/2013 11:03:24 AM PST by Dead Corpse (I will not comply.)
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To: Responsibility2nd
Not necessarily to give free money away, but rather to fund their pro-dope agenda.

My own "pro-dope agenda" consists only of discontinuing the "War on (Some) Drugs" and possibly introducing some sort of tax on drugs. That does not require any "funding."

Regards,

15 posted on 11/14/2013 11:03:48 AM PST by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: Kaslin

No, income redistribution of any sort is not a libertarian idea. However, there is a libertarian argument that *if* a society decides that it will redistribute income to ensure that all citizens have some minimum level, the only way to do this which will not create perverse incentives is to give everyone the minimum income, rather than means testing it. Milton Friedman made the point years ago.


16 posted on 11/14/2013 11:04:21 AM PST by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know...)
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To: The_Reader_David

I guess a least of evils philosophy.

Alaska does this with its state revenues for oil licensing and such. It does tend to encourage loyalty, I can say that much.


17 posted on 11/14/2013 11:06:16 AM PST by HiTech RedNeck (The Lion of Judah will roar again if you give him a big hug and a cheer and mean it. See my page.)
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To: Responsibility2nd
There are plenty of libs here at FR that support increased taxes.

By "libs" I hope you mean "Democrats". If you mean "libertarian" leaning folks...


18 posted on 11/14/2013 11:06:28 AM PST by Dead Corpse (I will not comply.)
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To: Dead Corpse

See tagline for a definition of what lib means.


19 posted on 11/14/2013 11:11:41 AM PST by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Responsibility2nd

No. I’ve seen your idiotic tagline before. It’s as true as Obama saying you can keep your healthcare plan...


20 posted on 11/14/2013 11:14:23 AM PST by Dead Corpse (I will not comply.)
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