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Feeds from Economic Policy Journal- How to Resolve the Google Chrome Crashing Problem May 23, 2013 Robert Wenzel
- Japanese Stocks Plunge 1000 Points - Biggest Drop In 26 Months May 23, 2013 Robert Wenzel
- The Heavy Cross Known As The State May 22, 2013 Chris Rossini
- The Words That Sent the Stock Market Tumbling May 22, 2013 Robert Wenzel
- U.S. Acknowledges Killing 4 Americans in Drone Strikes May 22, 2013 Robert Wenzel
- REPORT: ESPN to Layoff Hundreds May 22, 2013 Robert Wenzel
- Do You Think They Might Have a Little Price Inflation in Ghana? May 22, 2013 Robert Wenzel
- Austria Turns Rat Fink May 22, 2013 Robert Wenzel
- Rand Paul Defends Apple May 22, 2013 Robert Wenzel
- Charlie Shrem of BitInstant Talks Bitcoin with Perianne Boring May 22, 2013 Robert Wenzel
Feeds from LewRockwell.com- Land of the Formerly Free May 23, 2013Andrew Napolitano on tyranny.
- The Craziest Neocon Attack on Libertarianism? May 23, 2013That it diminishes freedom. Article by Laurence Vance.
- God Bless the USA!! May 23, 2013And its bloody machinations in Syria. Article by Karen Kwiatkowski.
- Just Brand It a Conspiracy Theory May 23, 2013That's what the MSM do when they won't discuss a real issue, says Anthony Gucciardi.
- The State Hates Raw Milk May 23, 2013We should love it, says Mark McAfee.
- Get Your Physical Gold Now May 23, 2013Banksters are making up all manner of excuses to deny client transfers, says Egon von Greyerz.
- The 4th Turning May 23, 2013The Millennials will replace the Baby Boomers, thank goodness.
- Fiction for Men May 23, 2013Suggested by men. Article by Brett and Kate McKay.
- 10 Ways To Blow It May 23, 2013MD Creekmore on protecting the security of your preparations.
- You're Officially Looney-Tunes May 23, 2013Thanks to the new psychiatric manual, says Mac Slavo.
- Land of the Formerly Free May 23, 2013
Feed from Ludwig von Mises Institute- Mises U on Forbes.com May 22, 2013 Mises Updates
- New Austrian Journal May 21, 2013 Mark Thornton
- Austrian Banking May 21, 2013 Mark Thornton
- Thomas Sowell on Why the Intelligencia Pay No Price for Being Wrong May 18, 2013 Christopher Westley
- Was Marx Right? May 18, 2013 Hunter Lewis
- Fed Bank President Targets Unemployment Targeters May 17, 2013 Joseph Salerno
- David Stockman Seminar in NYC May 17, 2013 Joseph Salerno
- William H. Peterson May 16, 2013 Mark Thornton
- Paul’s World May 16, 2013 Peter G. Klein
- Bring on the Helicopter Money–and Gut the Fed May 15, 2013 Joseph Salerno
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What does one expect when one votes for ever bigger government? Actually, the little guy, the guys or gals who are working paycheck to paycheck won’t care about this as it does not affect them directly. The problem is with those people who now pay 50% of all taxes collected by the U.S. government (or, as I like to call it, the National Socialist Bureaucracy of America), which is a very small percentage of the whole population. Eventually, however, the NSBA will be reaching into the pockets of even the little guy as its, the government’s, voracious appetite for more socialist agendas increases.
Ah, America there is no such thing as a free lunch. The government does not make money, it only takes money. And, unless the people finally wake up to the monster they have created, and stop it, this monster will destroy America financially.
I don’t believe that this law constitutes capital control because it doesn’t restrict movement of money between countries. It “only” seeks to collect taxes from foreign investments. A true capital control would restrict movement of money between countries, as I understand the concept.
But irrespective of the intent, it is just one more example of government intervention into the private individual’s freedom of exchange, and more theft of their wealth.