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Category: Economics

Help Payoff Medical Debts for Pennies on the Dollar

Posted on December 5, 2019June 5, 2020 by Jeff Cassman

This is outstanding! ” RIP Medical Debt uses your donations to purchase bundled medical debt portfolios on the secondary debt market, and then forgives that debt at pennies on the dollar.

“RIP Medical Debt uses your donations to purchase bundled medical debt portfolios on the secondary debt market, and then forgives that debt at pennies on the dollar. 

On average, $1 is leveraged to abolish $100 in medical debt, and every donation through this page will be spent directly on abolishing medical debt in Appalachia.

When debt relief recipients open the yellow envelope from RIP, they are told that their debt has been bought by a third party and erased with no strings attached. They owe nothing on the debt and face no tax penalty.”… Read the rest

More Proof of the Inherent Immorality of Property Taxes

Posted on November 6, 2019June 5, 2020 by Jeff Cassman

I’ve explained before that property taxes are inherently immoral. This incident is an extreme example of the principle.

An 83-year-old retired engineer in Michigan underpaid his property taxes by $8.41. In response, Oakland County seized his property, auctioned it off to settle the debt, and pocketed nearly $24,500 in excess revenue from the sale.

Under Michigan law, it was all legal. And hardly uncommon. 

Read the rest of this disgusting display of state power here.

 … Read the rest

Bernie’s Trojan Horse

Posted on September 7, 2019June 7, 2020 by Jeff Cassman

… Read the rest

Gratitude (and the common lack thereof)

Posted on May 11, 2019June 9, 2020 by Jeff Cassman

In almost every measurable way, this is the best time in history to be alive…those of us born in Europe or the US are literally in the 1% of all men who’ve ever lived, and yet still we are surrounded by people whining about the life God gave them. (Numbers 11)

… Read the rest

Daddy’s Trade War

Posted on May 9, 2019June 9, 2020 by Jeff Cassman

“Daddy” has done many good things since he was elected in 2016. One of the few bad things he has done is instigate the costly trade war with China, which he has threatened to further intensify this week with a dramatically increased tariff (tax).

Yes, a few thousand blue collar men in the rust belt have benefited. Yes, this might protect Trump from Biden next year, since Trump can lose many votes in (red), flyover land but none in the (purple), Rust Belt. Yes, it will likely bring about and/or worsen the coming recession.

But do you really like paying higher prices on Chinese goods and products connected to those goods so you can ‘teach them a lesson’ by hurting poor Chinese while enriching the feds?

https://reason.com/2019/03/05/trumps-tariffs-cost-the-us-economy-14-bi/?fbclid=IwAR0y8GYHhBAHGQvAsJOyjzhhWH9u6Xsv2gNB61HSkFFH8E6-Nyq3IOOPuN0
… Read the rest

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