I don't have the time for a long post today. I love America. I believe in its promise. I get frustrated however when I see that we refuse to trust our people with their own money and their own bodies. There are natural consequences from every act, but legal consequences must not be based on someone Else's subjective test of right and wrong.
My test for right and wrong in a law is simple: Does this law seek to prohibit an act that hurts no one but the doer of the act? If so then it should not be illegal. It is said that "the freedom to move one's arm ends at the tip of the nose on the next guys face." If it doesn't hit him, then his discomfort at the fact that I move my arm is not illegal.
Ok I don't have the time to go into all of it, but look at this story about a federal prosecution of a Doctor who asked two girls to come across state lines to "service" him. Not minors, not Sex Slaves or Human Traffic, 2 adult willing women who wanted to have sex w/ this guy and to get money for their effort.
Then look at this YouTube Video of Rep Barney Frank one of the US Congress' most liberal members and Rep Peter King, one of its most conservative members. They are on the same side of the fight to restore the rights of Americans to spend their money and time the way they want. Only a question about Liberty could get these two on the same side of an issue.
Now do something about this. Let your Senators and Congressmen know that these types of Nanny-State laws are unacceptable. Tell them to stay out of our bedrooms and our pockets. Do it for Freedom, Liberty and the American way. Do it today.
Happy 4th of July.
Saturday, July 04, 2009
Wednesday, July 01, 2009
Madoff's Fools Get Vengeance at Taxpayer's Expense...Why the Madoff Sentence is Unfair to the Rest of US
Denny Chin an otherwise pretty good judge really screwed the rest of the people that Wall Street cheat Bernie Madoff didn't screw over. By sentencing Madoff to 150 years, Madoff now spends the rest of his life living off the public. We take care of his room and board not to mention his health till he eventually meets the true God of Justice. How is this fair???
Look. Madoff was one of the worst (or best I guess) swindlers in history. However, the people he swindled, wanted to be swindled. They did nothing to investigate his "success" they only wanted his big gains.
The more he delivered, the more they delivered. While the market was tanking, Bernie was paying off. Didn't they wonder how? Did they really believe he was infallible?? Why should their bad investment now cost the rest of us over 50K a year?
Look I am not advocating for a soft sentence for Madoff, but it costs thousands more to imprison an older person than a young one. Health care being what it is, he will be treated better than 15% of Americans, on our dime!! Couldn't a message have been just as well sent to senior citizens who commit crimes that we will take back all your money and stick you in jail for your last few decent years and then throw you back on your family when you are about to rot over?
Why do I and most of my friends and colleagues have to worry about taking care of our elderly parents when his kids besot with illegally gained funds since their early years get to know they won't have to part with a freaking penny to take care of the old cheat who helped them get their money??
Lest you think I am alone in this thought, none other than Professor Steven Bainbridge appears to agrees.
Sorry Judge, you made a bad error. First, no one is deterred from crime by jail, criminals do not think they are ever going to get caught. (By the by, most investors who get into scams also do not believe that their scam is a scam and that they will be ripped off...)
Second, you sentenced the rest of the taxpaying part of America all because a bunch of supposedly savvy investors weren't so savvy and made a bad deal. Maybe all these so called investors who now feel that they are somewhat vindicated ought to pay for his stay in the Federal prison. After all, if putting him in jail for the rest of his life is supposed to vindicate them, they ought to pay for it.
I have been cheated, more than once. Mostly by people who promise to pay bills and then don't or can't. The government doesn't bail me out nor does it go around and claw back money for my fees. No one puts those that cheat me in jail for the theft of service. Why do Madoff's fools get some money back and get their vengeance on the taxpayer's expense?
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