Archive for the ‘Economic freedom’ Category

From Breitbart:

We’re not broke.  There’s plenty of money, it’s just the government doesn’t have it.

The government has a right… the government and the people have a right to run the programs of the United States.

He’s arguing for a transaction tax, basically a VAT for the financial sector.

Yes, he claims the government and the leftist communist “people” has a “right” to take whatever it wants in order to run programs that they’ve decided to create and do unto you with.  The government, representing the mob, can take from the individual, because the government and the mob have a right to take from the individual and give to themselves.

Government has no rights.  Governments have authority granted to it by the consent of the governed.  Governments and government autocrats that declare they have a “right” to your property and livelihood (because your hours of labor create your property) because they want to do what they want to do are plundering every individual’s pockets to line their own Ruling Class nests.

Tyranny justifying itself, and government claiming it is the most important thing in the world, and wholly ignoring how and why it was created.

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Also, there isn’t enough money.  That’s why Ben Bernanke keeps making more.

The preface to this is an article in Salon:

Why are there no libertarian countries? If libertarians are correct in claiming that they understand how best to organize a modern society, how is it that not a single country in the world in the early twenty-first century is organized along libertarian lines?

Short short answer is tyrants, and enabling of tyrants.

It’s the reason why there are still monarchies ruled by hereditary kings, dictatorships, and countries ruled by warlords in the 21st Century.  If we were to look at other countries as examples, then one rapidly finds there are plenty of regimes across the world that, by their existence, then must be “better” by this standard.

It’s not as though there were a shortage of countries to experiment with libertarianism. There are 193 sovereign state members of the United Nations—195, if you count the Vatican and Palestine, which have been granted observer status by the world organization. If libertarianism was a good idea, wouldn’t at least one country have tried it? Wouldn’t there be at least one country, out of nearly two hundred, with minimal government, free trade, open borders, decriminalized drugs, no welfare state and no public education system?

Here’s the problem – a peaceful libertarian state would have to overthrow its old government or have it dissolve.  Or it would have to be left alone.  Or throw off its old government and be left alone on the other side of an ocean.

The United States for roughly the first hundred or so years of the nation was a libertarian nation.  It was a Constitutional republic formed on classic liberal ideas from the enlightenment – the value of the individual and the rights of the individual.  One country did try it, and it succeeded wildly.

Kowloon is one more modern, (if bizarre) example, and it worked, despite being in an area not known for libertarian ideas.  Until China destroyed it.

The welfare state and public education are both schemes cooked up by those who wish to be masters of men – types like Bismarck in Germany who decided that he would bring people closer to the state.  The state that he ruled.

Criminalization of drugs is a decision by rulers to tell people how to live, and impositions on trade are attempts by government to steer economies.

As far as open borders go, no libertarian nation can survive truly open borders, and few libertarians actually want open borders.  A nation without borders is not a nation.  A nation without borders is subject to the political whims of migration as new arrivals bring old ideas and change the political landscape.  You can’t invite in tyrants as full partners into a libertarian world any more than a monarchist could invite a follower of Robespierre.

When you ask libertarians if they can point to a libertarian country, you are likely to get a baffled look, followed, in a few moments, by something like this reply: While there is no purely libertarian country, there are countries which have pursued policies of which libertarians would approve…

He didn’t ask someone who understands what they believe and why.  (As a fun contrast, if you ask someone why they voted for Obama, you’ll get some much more interesting answers.)

And from here the pro-collectivist anti-liberty hit piece descends mostly into drivel.  Why?  Because leftists don’t understand other points of view.  Those who wish to conserve American liberty (Constitutional conservatives, classic liberals/libertarians, and more open-minded traditionalists, even) understand the left, the left does not understand the right.

Lacking any really-existing libertarian countries to which they can point, the free-market right is reduced to ranking countries according to “economic freedom.”

Wholly, totally, completely wrong.  The US up until the advent of socialism’s import around the 1900-1910s is the libertarian country.

And to the “Achilles’ Heel” by EJ Dionne at WaPo:

The ideas of the center-left — based on welfare states conjoined with market economies — have been deployed all over the democratic world, most extensively in the social democratic Scandinavian countries. We also have had deadly experiments with communism, a.k.a Marxism-Leninism.

The Scandinavian countries have been having some major problems with their welfare state as of late.  They also prospered, like all of Europe’s socialist paradises, under the protection of the US’s guidance of NATO.  Otherwise, they’d have all been Soviet satellites, or starved from defense spending to prevent the Soviets from invading.

Libertarians can keep holding up their dream of perfection because, as a practical matter, it will never be tried in full. Even many who say they are libertarians reject the idea when it gets too close to home.

Wrong.  It already has been tried, and it succeeded wildly.

The problem is that a truly libertarian state has to acknowledge that it is a libertarian state, and it does have to make sure its people understand that the benefits of their society come from their freedom.  Politicians who serve decades in power are not eager to tell people that they need to live without the politician.

There used to be politicians who were leaders and who would stand up for the fact that the nation is one created in liberty.  For example – Democrat Grover Cleveland, discussing giving federal disaster aid:

Federal aid in such cases encourages the expectation of paternal care on the part of the Government and weakens the sturdiness of our national character. . . .

- President Grover Cleveland

Such men existed, and such do exist, but it requires breaking the collectivist nonsense that has been spouted for decades and decades by both tyrants who spout it as a means to power, and individuals who bleat it as a means to security at the expense of their own liberty and dignity.

Those who desire to encourage paternal care, or even coercive paternalism and government force against the citizen, actively desire to weaken the sturdiness of national character, because it makes it easier for them to put themselves in power.

But Dionne lines up another swing that misses the point.

…tea party members, as the polls show, are older than the country as a whole. They say they want to shrink government in a big way but are uneasy about embracing this concept when reducing Social Security and Medicare comes up.

They payed in to a system they were forced to pay into.  Government took from them for decades “on their behalf”.  There’s a reason they aren’t keen on shedding programs they paid into.  But younger Tea Partiers would be willing to forgo so-called “Social Security” and live free with the extra money they have – investing it as they wish.

But this inconsistency (or hypocrisy) contains a truth: We had something close to a small-government libertarian utopia in the late 19th century and we decided it didn’t work. We realized that many Americans would never be able to save enough for retirement and, later, that most of them would be unable to afford health insurance when they were old.

Wrong.  “We” didn’t decide that.  Politicians decided that.  Politicians acting outside the scope of the Constitution – in violation of the Constitution – went out and created a program out of whole cloth.  Politicians who promised security told people to trade their liberty, and it worked because the politicians created crises they knew they could exploit.  Politicians worked to weaken the national character for their own ends.

And when the Great Depression engulfed us, government was helpless, largely handcuffed by this anti-government ideology until Franklin D. Roosevelt came along.

And here is the great fiction again.  The Great Depression was caused by the New Deal and FDR.  FDR exacerbated what would have been a jarring market correction, but a market correction nonetheless.  He and his retreads from the Woodrow Wilson administration decided to “mold the world nearer to their heart’s desire” by exploiting a crisis they helped to manufacture.

fabian window

The weakness with libertarianism and the end of the libertarian United States was through the expansion of politicians willing to give people things “for free”.  It was a cultural weakening of national character.  Things like the Curley Effect may be effective, but it’s also destructive.

It just means that a formerly successful nation can be destroyed through manipulation and political dealing.  Just like an athlete can be laid low by a disease, it’s not necessarily the athlete’s fault.

The reason the United States succeeded was because people understood why it succeeded in large part.  The yeoman farmer took pride in his nation, and did his best for that nation, and understood the makeup of that nation.  The welfare recipient who’s been told for generations that their nation is the worst in the world and that it owes them doesn’t care to defend it.

Individual character matters, and individual character creates an free nation.  Individual character that succumbs to collectivism and the misery it produces will create a collectivist nation.

Much of this nation is still libertarian, and succeeding wildly.  Part of this nation is collectivist, and seeking to destroy the rest and control it.

From NY Post:

Mayor Bloomberg went on a spitting-mad rant against a city cab-fleet boss who won a court victory over Hizzoner’s planned “Taxi of Tomorrow” — vowing to “destroy your f–king industry” when he leaves office, The Post has learned.

A fuming Bloomberg made the threat against Taxi Club Management CEO Gene Freidman at Madison Square Garden’s private 1879 Club during last Thursday’s Knick playoff game, a witness said yesterday.

“It was like Gene had kidnapped his child. He used the f-word twice,” the witness said.

Freidman confirmed the blow-up to The Post, and said Bloomberg’s tirade included the warning that, “After January, I am going to destroy all you f–king guys.”

That’s bad news for Bloomberg’s political enemies, who could all become targets once the revenge-minded billionaire has nothing but time on his hands.

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“He turns to me, and said, ‘Come January 1st, when I am out of office, I am going to destroy your f–king industry.’

Yahoo Finance looked at the logistics of it:

There aren’t a lot of people who can credibly threaten to upend an entire microeconomy. The mayor is a billionaire, though, and he might just have the wherewithal to make it happen. So how might he go about it?

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…the laws that have allowed cabbies to block Mayor Bloomberg’s top-down technocratic paternalism while in office are the same ones that keep Uber from disrupting the the hired car sector from below. So if Bloomberg is serious about this smashing-the-yellow-cab-monopoly thing—and please, let him be—what does he have that Uber doesn’t? The answer is the distinguishing feature of his entire political career, from the shift in party allegiance that marked his first mayoral run to his quixotic campaign to enact gun safety rules: His firm belief that money well-deployed can buy any political outcome. And, of course, that $27 billion.

A heavily regulated marketplace creates high barriers to entry, but sufficient capital can break through them. Uber has raised $50 million since 2010, and while it doesn’t release revenue figures, it’s clearly in a precarious position when it comes to fighting regulatory lawsuits and city rule-makers. But a Bloomberg-funded trade group, with publicists, lobbyists and lawyers could open the legal doors, while Uber and the like force mobile efficiencies into the sector.

And then the market will provide all the destruction a megalomaniacal billionaire could want.

Keep in mind once again, this is the same megalomaniacal billionaire paternalist dictator tyrant who’s after your rights as a citizen, whether it be to enjoy a Big Gulp soda or to own tools of self defense.  He will use the force of government against you because he can bend government to his desires – a government of, by and for Bloomberg to crush the little people like you.

He will erect barriers to entry and regulatory barriers to destroy companies that he dislikes, and he will lobby for and buy politicians to inflict any of his whims on anyone, anywhere, as we’ve already seen in Colorado.

He is on a mission to “f***ing destroy” you, too.

For those who totally missed it, Colorado’s leftist Democrat rulers recently passed several anti-gun bills that were opposed 10-1, rejected by the people, and passed by legislators who didn’t even bother to answer questions about their bills because they planned to and did ram it through.  They also threatened and shut up law enforcement that opposed it.

In addition to driving Magpul out of Colorado, and driving the Outdoor Channel out of Colorado, and driving the Alfred Manufacturing Company out of Colorado, now they can add HiViz to the list of companies leaving Colorado:

HiViz Shooting Systems intends to leave Colorado in the wake of new state gun control legislation signed into law last month, according to the Northern Colorado Business Report.

The Fort Collins company, which makes sights, recoil pads and other accessories, started in 1996. But like Magpul Industries Inc. of Boulder County, HiViz said it’s not happy with the gun control measures approved by the Colorado Legislature and signed into law by Gov. John Hickenlooper. Magpul Industries announced last month it will be leaving Colorado.

Pass anti-gun bills, expect gun companies to leave.  Leftists are happy with this, but that’s because there’s still someone making guns for their enforcers, and other than that, they want to destroy all gun companies.  They will find that their enforcers will be denied a lot of tools now, though.

“I make this announcement with mixed emotions,” Phillip Howe, president and CEO of HiViz, said in a statement. “Colorado is a beautiful state with great people, but we cannot in clear conscience support with our taxes a state that has proven through recent legislation a willingness to infringe upon the constitutional rights of our customer base.”

HiViz gets it.  And they’ll be keeping their customer base by supporting them.

Several months ago, Dick’s Sporting Goods stopped selling black rifles.  It was very noteworthy because they had contracted with Troy Industries and many, many people had rifles on order from Dick’s.  Dick’s managed to screw over both the consumer and Troy Industries at the same time.  But Dick’s pulled out of the firearm market and went limp from political pressure.

Today, Dick’s has posted a major loss, coming up short, and in laughable move, has blamed their performance issues on Lance Armstrong.

If there’s a silver lining for all the people who were eagerly waiting for that Troy Carbine and were vastly dissappointed, it’s that Dick’s isn’t doing so well in the financial department.

At a time where the only thing a company has to do to sell firearms, ammo and accessories is to unlock their doors, Dick’s sales have flat-lined. In fact, their sales dropped 2.2 percent  in the fourth quarter of 2012 compared to 2011 and their shares 10 percent in the last quarter.

Dick’s CEO pointed his finger squarely at, well, Lance Armstrong. “People had a very negative reaction to the Livestrong brand,” he said at an earnings report.

Except while Dick’s sales are going soft, other companies are doing quite well.  Cabela’s has been doing very well due to firearm sales – and those firearm sales have brought people in to the store to buy other products as well:

“First-quarter results exceeded our expectations on every line of the income statement,” said Cabela’s Tommy Millner. “In addition to expected increases in firearms and ammunition sales, we saw particularly strong performance in softgoods and footwear.”

Remember this is what Cabela’s gun racks looked like just three months ago:

Cabelas Rack 130127

Cabela’s at the floor level has a general approach within the company that it’s best to underpromise and overdeliver, and that may well extend to their higher levels as well.

“Without firearms and ammunition, same-stores sales increased just 9 percent — still strong, but clearly much of Cabela’s growth was driven by gun buyers,” wrote Jeremy Bowman of the Motley Fool. ”As the stock has now tripled in the past year and a half, investors may want to take a cue from their senators and sell while the stock is hot.”

We suspect it’s a bit early to start bailing on Cabela’s, that gun sales will stay strong for the coming months. What we can be sure on, however, is that while this boom is also a bubble, Dick’s failed to get in on much if any of it.

Cabela’s is wise enough to know that people are coming for the guns, but staying for the rest of the store, and that guns sales are a government-induced artificial bubble.  They probably will be continuing to do very well, even if their stock price begins to plateau.

To give some idea what it’s looking like elsewhere in the gun world, consider that Sturm Ruger has had huge sales, and are now hammered with massive backorders.

Demand is still exceeding supply, and the bubble increase in demand (assuming the government doesn’t get progressively more tyrannical and spin us into Mad Max territory), is going to end up leaving an ultimately higher permanent demand than existed before the bubble started.

Some people are getting into the gun market so they can get their homeland security rifle and that’s it.

oleg volk rifle girl force multiplier for liberty

Some are getting into it because they think it’s a “last chance”, and some are getting into it because of concerns that guns will be more difficult to acquire – not a last chance, but a last easy option.  Some are getting into it because others are, and they want to see what it’s all about.

If the government’s inexorable push for citizen disarmament is stymied again for a while (and Joe “I Get Drunk With Your Rulers On My Black Tie Yacht And We Disarm You Pissants” Manchin is introducing another anti-rights bill), there will be a permanently elevated demand for ammunition and arms.

The public’s interest in firearms will have changed by the millions of votes in favor of the Second Amendment – the millions of votes not made at the ballot box, but with the money in Americans’ wallets.

The American public is still taking the Brain Gremlin’s advice:

From WSJ:

Every time Congress has taken a serious look at proposals to boost Internet sales taxes, it has rejected them. That’s probably why pro-tax Senators are trying to rush through an online tax hike with as little consideration as possible.

As early as Monday, the Senate will vote on a bill that was introduced only last Tuesday. The text of this legislation, which would fundamentally change interstate commerce, only became available on the Library of Congress website over the weekend. And you thought ObamaCare was jammed through Nancy Pelosi‘s Democratic House in a hurry.

You should always worry about measures that are rushed through, and you should always worry about taxes.  Time to call and email those senators again.

For Senators curious about what they’re voting on, it is the same flawed proposal that Mike Enzi (R., Wyo.) introduced in February. It has been repackaged to qualify for a Senate rule that allows Majority Leader Harry Reid to bypass committee debate and bring it straight to the floor.

Yup, rushing it through, no committee debate, no discussion, no time for input.

Mr. Enzi’s Marketplace Fairness Act discriminates against Internet-based businesses by imposing burdens that it does not apply to brick-and-mortar companies.

Almost every bill these days has an Orwellian name.  There is nothing “fair” about this act.

For the first time, online merchants would be forced to collect sales taxes for all of America’s estimated 9,600 state and local taxing authorities.

New Hampshire, for example, has no sales tax, but a Granite State Web merchant would be forced to collect and remit sales taxes to all the governments that do. Small online sellers will therefore have to comply with tax laws created by distant governments in which they have no representation, and in places where they consume no local services.

Meanwhile, New Hampshire’s brick-and-mortar retailers will bear no such burden. They will not be required to collect taxes on the many customers who drive across the Maine and Massachusetts borders to shop in New Hampshire. Bill sponsors say it would be too big a hassle to force traditional retailers to ask every walk-in customer where they live, but these Senators are happy to impose new obligations online.

What this does is it creates barriers to competition for the online marketplace.  It’s cronyism – the physical stores are having government be their thug enforcer.

Right now, internet companies have the advantage of reduced taxes, and they have a broad customer base, as they have access to any customer with internet access.  Brick-and-mortar stores have the advantage of specific taxes (no use tax), no shipping charges, and they allow customers to actually see what they’re buying before they purchase it.

Brick-and-mortar stores have the added cost of maintaining a store; but only suffer online disadvantages if they don’t expand their business online.  Some online businesses have already dominated certain markets, but with the viability of searches and search engines that will help the consumer seek out the best price, all they have to do is offer the best product at the lowest price.  That’s capitalism.

What the brick-and-mortar stores want now is to force their online competitors to suffer the myriad of regulations that exist throughout the nation.  Making a medium-sized online business (something like OpticsPlanet, for example) know every state, city, township, county, municipality and local district’s tax status might be possible, but it will drive their prices up as they hire lawyers.  Making a little business comply with the same regulations is an exercise in using government to destroy competition.

It’s noteworthy that Walmart and Amazon are supporting this bill.  While a lot of times I’m willing to voice support for Walmart, that’s when they recognize that their best interests and their customers’ interests coincide and follow their customers’ demands.

In general, that’s the case, because Walmart usually exemplifies free markets.  In this particular instance, however, Walmart has looked at its balance sheet and decided that it’s in its best interest to use government force to crush its competitors.  Walmart does provide a lot of good for its customers, but ultimately Walmart is only a creature as moral as the system it exists in.  When it recognizes the demands of customers and represents them, it does well and is as moral as its customers who drive it; when Walmart exploits the governmental system that lets it collude with the IRS to destroy competitors, it’s as villainous as the vampiric politicians who enable it.

Any Internet seller with more than $1 million in annual sales would be forced to serve all of the nation’s tax collectors.

Note that says “$1 million in annual sales”.  That doesn’t mean $1 million in profit.  A company could barely be breaking even after expenses and find itself destroyed by the taxation burden and regulations it now has to wade through.  The red tape would be monstrous.

This bill, and all federal bills like it also tax citizens in addition to state-based use taxes.  The citizen is already hit for taxes if they buy things out of state when they do their end-of-year state taxes (there’s often a “minimum use tax” whether or not you bought anything online), and now they’ll be hit for taxes from the business.  This is a federal bill to make you pay more taxes for products, taxes which most every state is already assessing you for.

This rush to tax is an attempt to overturn the Supreme Court’s 1992 decision in Quill v. North Dakota that forcing businesses to collect and remit taxes to jurisdictions where they have no physical presence was too big a burden.

Noteworthy from Quill v North Dakota:

In Quill Corp. v. North Dakota, the Supreme Court ruled that a business must have a physical presence in a state for that state to require it to collect sales taxes. However, the court explicitly stated that Congress can overrule the decision through legislation.

The power to tax is again the power to destroy.

The WSJ piece ends with this:

Some of our conservative friends are backing this Internet tax raid as a way to raise revenue to avoid more state income-tax increases. More likely the new revenues will merely fund larger government.

They aren’t conservatives.  They’re RINOs.  Raising taxes reduces the benefits for producers, and increases the demands on consumers.  People will make less money per unit, so they will make fewer units; people will pay more per unit, so they will buy fewer units.  Volume will decline, consumers will suffer, and all but the chosen winner businesses and the redistributor politicians will suffer.  “Revenues”, a polite way to say government taking from you (while giving you nothing that you need), will not be increased.  It will simply fund more pet projects of worthless “representatives” who will seek to bring home pork barrel projects to get themselves reelected.  This is Bastiat’s example of everyone plundering everyone.

If you want to steal from the people of the US in order to line your filthy thieving nest with taxes that destroy businesses, this is one way to do it.  If you’re a scum-sucking almost-obsolescent whip-and-buggy maker who wants to make sure no one can be more successful than you and that their businesses are destroyed so you can feast on their carcasses, this is a great tool to use government force to destroy their success because you’re too lazy to earn it yourself; all the while screwing over your customers because you’re too weak to make an honest buck.

It’s forcible redistribution, government finding the winners and crushing them at the behest of the losers and subsidizing the losers that harm the consumer.

And they call it “fairness”.

Our dear leader that resides in the glorious District of Columbia has issued a proclamation concerning the month of April:

 

Official photographic portrait of US President...

Official photographic portrait of US President Barack Obama (born 4 August 1961; assumed office 20 January 2009) (Photo credit: Wikipedia)

 

All Americans deserve the chance to turn their hard work into a decent living for their families and a bright future for their children. Seizing that opportunity takes more than drive and initiative — it also requires smart financial planning. During National Financial Capability Month, we recommit to empowering individuals and families with the knowledge and tools they need to get ahead in today’s economy.

 

Listen to our dear leader he knows what he’s talking about look at the financial success of our glorious country basking in deficits numbering in the trillions, by spending more money than his 43 predecessors. The great one wishes to empower his subjects by encouraging each citizen to use his credit with the evil banks, charging their cards to the maximum balance and then when we can no longer afford our debts, cause the evil banks destruction allowing the  savior to take control and throw the evil bankers in jail. Don’t worry comrades the leader has more to say!

 

My Administration is dedicated to helping people make sound decisions in the marketplace. Last year, we partnered with businesses and community leaders to roll out new public and private commitments to increasing financial literacy. We released a new financial capability toolkit to help schools and employers as they launch their own initiatives. And with our College Scorecard and Financial Aid Shopping Sheet, we are working to give families clear, transparent information on college costs so they can make good choices when they invest in higher education. Together, we can prepare young people to tackle financial challenges — from learning how to budget responsibly to saving for college, starting a business, or opening a retirement account.

 

Our glorious leader has made it his policy to see that each and every one of the unwashed masses has the ability to succeed in the evil capitalist marketplace. He will raise taxes on the evil rich and give it to the hard-working workers. He has previously helped the low by giving out abacuses, and giving out large amounts money to record numbers of the proletariat who can longer find work in our excellent state-run and regulated industries. Our leader has also promised to find ways to send your children to places of higher learning where they can be properly indoctrinated to be excellent workers for the state and to not question the infallible knowledge and wisdom of our esteemed leadership in Washington. These children will be the pillars that the state shall be built on in the coming years, and with the guidance of our great leader this all can be made possible. Don’t worry comrades there’s more:

 

 

We also know that too many families are living paycheck-to-paycheck, unable to take advantage of tools that would help them plan for a middle class life. That is why we must build ladders of opportunity for everyone willing to climb them — from a fair minimum wage that lifts working Americans out of poverty to high-quality preschool and early education that gets every child on the right track early. These reforms would encourage the kind of broad-based economic growth that gives everyone a better chance to secure their financial future.

 

Our great leader also knows there are those that suffer in our glorious socialist state. No worries comrades! He will increase your pay at the local collective farm, when that farm can no longer afford that wage DO NOT WORRY! The state will take control of your farms and pay you for you work. We will also begin to teach children at a very young age that the state will take care of  them and nurture until they give their lives to the state through years of work or a glorious death in a far away battlefield. Our leader with now close with the following words:
NOW, THEREFORE, I, BARACK OBAMA, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim April 2013 as National Financial Capability Month. I call upon all Americans to observe this month with programs and activities to improve their understanding of financial principles and practices.
This is the best part comrades! Our leader has used both his name and a personal pronoun! He is reaffirming his glory and power! He should all bow down and worship the infinite wisdom and laud our great leader and join him in glorious socialist activities of calling the kettles and pots black, whatever that means!

 

 

 

 

 

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With Colorado’s new anti-gun laws now in place, remember that the Outdoor Channel is leaving Colorado:

From: Michael Bane
Date: Tue, Mar 5, 2013 at 4:09 PM
Subject: OUTDOOR CHANNEL Pulls Productions from Colorado
To: Steve King

Dear Senator King;

I met you yesterday after the so-called “public hearings” on the antigun bills; as I mentioned, I am an Executive Producer for OUTDOOR CHANNEL. I currently have four series in production, included GUN STORIES, the top show on OC, with several additional series in development. My series focus on guns, hunting, shooting and the outdoors.

This morning I met with my three Producers, and we made the decision that if these antigun bills become law, we will be moving all of our production OUT of Colorado. We have already cancelled a scheduled filming session for late this month. Obviously, part of this is due to our own commitment to the right to keep and bear arms, but it also reflects 3 lawyers’ opinions that these laws are so poorly drafted and so designed to trap otherwise legal citizens into a crime (one of our attorneys referred to them as “flypaper laws”) that it is simply too dangerous for us to film here.

I can give you chapter and verse on the legal implications if you need, but suffice to say that the first legal opinion was so scary we went out and got two others. All three attorneys agreed.

We are relatively small potatoes in television, but our relocation of production will cost Colorado a little less than a million dollars in 2013.

Secondly, we have proudly promoted Colorado in our productions (and have been moving more and more production into the state); now we will do exactly the opposite. What does this mean for Colorado? The community of television producers is a small one. Last week I had lunch with a major network producer who was looking to locate his new reality series in Colorado. That producer is also a shooter, and the new reality series will now be based out of Phoenix. That lunch cost Colorado over a million in economic impact.

Thirdly, according to numbers I received from the National Shooting Sports Foundation (for whom I used to work) yesterday, hunting had an almost $800,000,000 impact on Colorado in 2012, driving as many as 8330 jobs. Next month I will be in Texas meeting with most of the top outdoor/hunting producers, and the Number One agenda item will be Colorado. Already, hunting organizations and statewide hunting clubs around the country are pulling out of Colorado, and we expect this trend to accelerate rapidly.

The message we will take to our viewers and listeners is that these proposed laws are so dangerous to hunters and any other person, be she a fisherman or a skier who brings a handgun into the state for self-defense, that we cannot recommend hunting, fishing or visiting Colorado. We reach millions of people, and, quite frankly, we have a credibility that Colorado government officials can no longer match. Colorado Division of Wildlife is already running ads trying to bring more out-of-state hunters to Colorado…in light of the flood of negative publicity about these proposed laws, I can assure you those ads will fail.

We estimate that as many as one-quarter to one-third of out-of-state hunters will desert Colorado in the next 18-24 months, which will quite frankly be a disaster for the hunting industry in Colorado and have a devastating effect on our western and northern communities (certainly like Grand Junction).

This is not a “boycott” in the traditional sense of a centralized, organized operation; rather, it is more of a grassroots decision on where shooters, hunters and other sportsmen are willing to spend their money. Look at the collapse of the Eastern Sports and Outdoor Show in February. That venerable multimillion dollar trade show chose to ban modern sporting rifles and standard capacity magazines, and with three weeks it collapsed as all vendors and sponsors pulled out.

Colorado is going to pay a huge price for laws that will do nothing.

Thank you, sir, for your support.
Best.

Michael Bane
OUTDOOR CHANNEL

For background on the Eastern Sports and Outdoor show, they banned modern rifles, and that caused Cabela’s as one of the main sponsors to pull out, among other sponsors and exhibitors who simply left.

From the Office of the Governor of Louisiana:

BATON ROUGE – At a joint meeting of the House Ways & Means Committee and the Senate Revenue & Fiscal Affairs Committee, Governor Bobby Jindal unveiled his administration’s proposal to eliminate income taxes and stressed that the proposal will lead to more job opportunities for Louisianians. Following months of meetings with legislators and stakeholders across the state, Governor Jindal presented a plan that eliminates income taxes in a revenue neutral manner by eliminating over 200 tax loopholes and broadening the state sales tax base.

The Governor stressed that the tax reform proposal will make Louisiana the best place in the country to create jobs. Governor Jindal said, “Over the past five years, we have overhauled our ethics laws, revamped workforce development programs, eliminated burdensome business taxes and passed landmark reforms to help give every child in Louisiana the opportunity to get a great education.

“Everything we have done since entering office is about making Louisiana the best place in the world to find a job and raise a family. Our state is now at the top of many rankings for the best business climates in the country and we are competing for and winning major economic development projects. But we need to do more to stay competitive. States with no income taxes are outperforming other states in terms of economic growth and population growth

“Over the last ten years, more than 60 percent of the three million new jobs in American were created by the nine states without an income tax. Every year for the past 40 years, states without an income tax had faster growth than states with the highest income taxes.  Economic growth in the nine states without income taxes was 50 percent faster than in the nine states with the highest top income tax rates.  Over the past decade, states without income taxes have seen nearly 60 percent higher population growth than the national average.”

Texas is one of those states with no income tax that has had a huge amount of job growth.  It’s been doing so well economically that a gubernatorial candidate a few years back was willing to suggest eliminating property taxes as well.

More recently, North Dakota has been looking at eliminating property taxes as well.

Elimination of taxes opens up avenues for job creation and wealth creation.

Concerning the matter of property taxes, you can never own your home if the state taxes you on it.  Then you merely lease your home, because even if you don’t owe the bank, if you don’t pay the government, the government will take it away.

Elimination of income taxes, like Louisiana is looking at, means you at least own the fruits of your own labor.  And that’s a step in the right direction, leading to greater economic abilities for everyone.

Ultimately, the increase in commerce means an increase in income via smaller taxation rates via an economy of scale.  It’s good for the citizen and for their government.

Via HotAir, a reminder:

Two weeks ago, they were merely considering their options.  Late last night, though, the executives at Colorado-based Magpul made it official on their Facebook page.  If Governor John Hickenlooper signs the gun-control bill that limits magazine capacities — their core business — they will leave Colorado for friendlier venues and take hundreds of jobs with them.

Magpul is leaving if this goes through.  They are not joking.  They are not bluffing.  From back on 2/14:

magpul leaving colorado 130214

They are not joking.  This is a company composed of principled constitutionalist veteran-types.  They will be leaving.

They have simply added some specifics to the exodus plan.

We will start our transition out of the state almost immediately, and we will prioritize moving magazine manufacturing operations first. We expect the first PMAGs to be made outside CO within 30 days of the signing, with the rest to follow in phases. We will likely become a multi-state operation as a result of this move, and not all locations have been selected.