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Another excellent video on Private Property Ownership by Stefan Molyneux.
The premise: You own yourself. You own what you create, and you own what you produce. Good OR Bad, you own it.
Another excellent video on Private Property Ownership by Stefan Molyneux.
The premise: You own yourself. You own what you create, and you own what you produce. Good OR Bad, you own it.
My Etsy store: https://twitter.com/xIOWNMEx
Actually, you "own" what you hold and have the ability to defend. All else is empty philosophical speculation and untenable theory.
The root word of "Wealth" is "Wield" - as in a sword.
There are two kinds of people in this world:
People who just want to be left alone, and
People who won't leave them alone.
No coercion, no fraud. Let rationality and liberty prevail! A=A
Love with your heart... for everything else, use your brain!
"Gold is very patient. Are you?" -mamboni
"Government has NO business being in the 'business' business" -Gaillo
Way to go North Dakota.
North Dakota Votes Against Abolishing Property Tax
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
Not only that, but at the same time they PASSED a bill that gets rid of the "offensive" Fighting Sioux sports team name all in the interest of being politically correct.Originally Posted by osoab
Assholes. Really have their priorities straight.
There are two kinds of people in this world:
People who just want to be left alone, and
People who won't leave them alone.
No coercion, no fraud. Let rationality and liberty prevail! A=A
Love with your heart... for everything else, use your brain!
"Gold is very patient. Are you?" -mamboni
"Government has NO business being in the 'business' business" -Gaillo
But they got that state bank...Not only that, but at the same time they PASSED a bill that gets rid of the "offensive" Fighting Sioux sports team name all in the interest of being politically correct.
Assholes. Really have their priorities straight.
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
From Wickedpedia:But they got that state bank...
The Bank of North Dakota (BND) is a state-owned and -run financial institution based in Bismarck, North Dakota. Under state law the bank is the State of North Dakota doing business as the Bank of North Dakota.[1]
The state and state agencies are required to place their funds in the bank, local governments are not required to do so. The Bank of North Dakota was established by legislative action in 1919 to promote agriculture, commerce and industry in North Dakota.[2] Other entities may also open accounts at the Bank; however, BND offers fewer retail services than other institutions, and has only one office, limiting its competitiveness in consumer banking.[3]
Instead, BND has taken a role more akin to a central bank, and has many functions, such as check clearing, that might be expected from a branch office of the Federal Reserve. The bank does have an account with the Federal Reserve Bank, but deposits are not insured by the Federal Deposit Insurance Corporation, instead being guaranteed by the general fund of the state of North Dakota itself and the taxpayers of the state.[3]
BND also guarantees student loans (through its Student Loans of North Dakota division), business development loans, and state and municipal bonds.[3]
Though initially conceived by populists in the Non-Partisan League as a credit union-style institution to free the farmers of the state from predatory lenders, the bank's functions were largely neutered by the time of its inception by the business-backed Independent Voters Association. The recall of NPL Governor Lynn Frazier effectively ended the initial plan, with BND taking a more conservative central banking role in state finance. The current president and CEO is Eric Hardmeyer, however the bank is managed by the North Dakota Industrial Commission, which is composed of the Governor, Attorney General, and the Agriculture Commissioner (formerly the Agriculture and Labor Commissioner) of North Dakota.[4]
The Bank of North Dakota is the only state-owned facility of its type in the United States other than the Puerto Rico Government Development Bank.
There are two kinds of people in this world:
People who just want to be left alone, and
People who won't leave them alone.
No coercion, no fraud. Let rationality and liberty prevail! A=A
Love with your heart... for everything else, use your brain!
"Gold is very patient. Are you?" -mamboni
"Government has NO business being in the 'business' business" -Gaillo
They still contract in frn's. If the State is running as a corporation and the bank is owned by the State...
I give the same credence in their State bank as I do in Mountain Hours.
Are mtnHours legal?
Absolutely. Similar currency systems thrive in dozens of communities around the United States. Law professor Lewis Solomon states in his book, Rethinking Our Centralized Monetary System, that there is no legal prohibition to creating a local currency system in the United States. The IRS, FBI, US Secret Service, Federal Reserve and Treasury Department have all declared the printing and use of local currencies to be legal.
Criteria for legal local currency design
- Must correspond to a specific dollar amount.
- Must not look like federal dollars to avoid confusion.
How are mtnHours taxed?
Treat your mtnHours like federal cash. Each mtnHour denomination is assigned a specific conversion value. Since the federal government considers supplemental currencies to be a cash equivalent, you must pay taxes on mtnHours income just as you would for other income.
One mtnHour is equal to ten Federal Reserve Notes. It is unnecessary to file any special IRS forms for your local currency activity. When you receive a mtnHour, ask yourself, “If this were a $10 bill, would I report it as taxable income and pay tax on it?” If the answer is “yes,” then add $10 to your business income and pay tax on it.
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
Who determines if you are in the United States?
Make me one with everything.
-- Zen Master to the hot dog vendor
Who's on First.
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
I hate to impose, but did anyone here actually watch the video?
My Etsy store: https://twitter.com/xIOWNMEx
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