The Liberty Lamp: Libertarian News & Editorials

Life has been busy lately, thus there's been a period of about two weeks since my last post (though there have been some interesting comment posts- see the emminent domain post lower down on this page). Now I'm not typically known for idle chit-chat, so let's get to the important points.

First, my legal papers involving my new LLC incorporation/organization recently came in. Because of the way that pertinant buisiness laws in the state of New Mexico are written, you can use an organized Limited Liabilities Company (LLC) for either normal buisiness purposes, or for yourself as a way to mask your personal assets. This can come in handy if someone is thinking of suing you- if they can't find any assets they can't sue. For more info, and to contact a reliable LLC organizing agent, please see this site. From that location, you can also order either of the two books by JJ Luna that have been featured on this site ("How To Be Invisible" and "How To Work at Home From Any Age").

Now on to the almighty ongoing "War On Drugs". This came to me during a recent session of an economics course I'm taking: As with high taxes on tobacco and alcohol, taxing the snot out of or prosecuting the users of dangerous and frequently abused substances does not effectively stem the flow. Why? Because, long story short, such users/customers are, as we all know, addicted- which means that they will pay whatever they can possibly afford to for these drugs, even if it means they can't buy, say.... toothpaste or deoderant? On the supply side, dealers and kingpins make millions of extra dollars for the same quantity sold.

If we really want to stop the rampant use and trafficking of dangerous drugs, law enforcement policy needs to focus on the sellers, not the buyers. If there's no supply, it doesn't matter how many people want the product. A secondary benefit of this would be that all those stupid but otherwise generally harmless stoners would be released from prison, leaving room for all those violent criminals that are always being tossed out after only a few years because the jails are too full.

Think About It.

Next, let's look at the latest financial developments in the nation-state of France and how it could have "interesting" parallels in the United States. On the BBC website, there's a feature article about how the owner of the Addidas sportswear company just won a civil case resulting in him winning millions of dollars in damages... at the expense of French taxpayers! "How is this possible", you ask. The answer is that at the time of the event triggering the lawsuit (bank fraud), the bank in question was STATE OWNED. Thus, the bank dumped the burden on the French taxpayer by claiming effectively the same status (it's now independent) from back then in this modern situation. What the helvetica? I don't know either.

Unfortunately, though, I do know that it is possible for the same kind of foul play to occur courtesy of the Federal Reserve and it's affiliate banks. See this page of the Liberty Dollar/NORFED website. Don't forget to check out and maybe even start using Liberty Dollars so that we can build an actually stable economy for once. If/when I start taking donations for the upkeep of this site, LDs will be accepted.