Simple Capitalism,

I enjoy making Capitalism easy to understand. That's what inspired me to create this blog to begin with. So to give you a super simple definition of Capitalism: Capitalism is when a person gives the best of what they got to another person in order to receive that person's best. For example if I needed money in an emergency situation, I would trade something valuable to me (my car, computer, etc..) to receive someone else's money. (which they created by giving their best to someone) That's why government welfare is immoral. When a person trades their welfare money for something they aren't giving up anything that represents their best efforts; they are giving up money that the government gave to them after taking it from someone else.

A lesson from my youth,

As a child I loved playing video games. Ever so often my brother and I would beg our parents for a new game. I remember one store that put on a sale for a video game system that included a free game when you bought it. However the store charged you an extra $50 when you bought the system with a free game! So you can see that the word free was just a sales ploy. If you can understand such a ploy then you should also see the failure of Socialism. Socialism promises free health care along with other supposedly free government services. But like the store I mentioned, Socialist governments simply make you pay for every service they provide somehow. Don't forget that cost means more than a sales price.

Getting to know freedom,

I suggest you read the following article titled The Price of Freedom. I don't have a lot of time today to give a daily lesson, but if you like my easy to understand way of breaking Capitalism's Truths down to plain English, then you'll enjoy this article.

The reality of taxes,

Why do Capitalists like myself preach against heavy taxation? Because taxation destroys a person's incentive to create. The more you tax a person, the less incentive that person has to create anything. Therefore people create less wealth, less jobs, and less products that people want. When that happens the standard of living for everyone is kept from growing. Tax cuts and tax increases will affect everyone; tax cuts help everyone, and tax increases hurt everyone.

What you need to know about the Fair Tax,

Listening a lot to Neal Boortz as he talks of his Fair Tax idea, I've noticed a common question that skeptics of the plan have. It seems that most people don't understand "embedded cost".
What that term means is the cost added to something because of business taxes. When Colgate makes toothpaste they have to pay all sorts of taxes before the tube makes it to a grocery store shelf. So when the tube gets to the store shelf Colgate has to increase the cost of the toothpaste to make up for the money they lost paying taxes. The average embedded cost of any product we buy today (anything from a Big Mac to a new car) is somewhere between 23 to 27%. The Fair Tax will eliminate that embedded cost and replace it with a 23% sales tax which keeps the average retail price of anything unchanged. Things will however be less expensive to everyone because everyone will keep 100% of their paycheck! And you thought Fair Tax was an oxymoron!


Neal Boortz

And you thought it could never happen,

This is our chance fellow Capitalists.....we can get rid of the pesky IRS! Check out
Fairtax.org and learn about the Fair Tax bill that is now in Congress. If it passes bye bye IRS! It can't pass without our help, so everyone do your part in organizing so that the Fair Tax succeeds!

The best deal in town,

With all the fuss about high gas prices people are becoming blind to the truth. Let's say on average gas is $3.00 a gallon. High price? Actually such a price is probably the best deal in all of America! Not convinced? Consider that 1 gallon of gasoline will get you an average of 20 miles; to be able to travel 20 miles with air conditioning and radio for only $3.00 is one heck of a deal. Remember a while back folks had to travel on horseback wherever they went, and in a lot of cases by their own two feet. But I'm not naive about this: I don't expect ungrateful people to stop their fussing no more than I expect money to grow on trees.