Downsizing the Federal Government

Do you ever wonder if there are actually solutions to the mess we are in?

We hear a whole lot about the PROBLEM – but what about things we can actually DO?  I think we can all agree that our time would be better spent on positive and productive solutions versus complaining, hate speech, and rhetoric.

So, OF COURSE there are solutions.  This blog – Downsizingthefederalgovernment, as well as the book, Downsizing the Federal Government by Chris Edwards (available on our website for purchase; please purchase there if you so desire as it keeps the lights on), offer a “department by department guide to cutting the federal government”.

The TRUTH is that we can solve a whole lot of our budget problems by eliminating waste and inefficiences.  AND if we have more money in the bank, we can do more productive things in our economy.

Don’t be fooled – there are things we can do RIGHT NOW.  All it takes is a group of concerned citizens willing to stand up and speak up.

– Tisha Casida

Wonderous World of Words = Catallaxy

Catallaxy is a word referring to “the economy”, used by Friedrich Hayek and influenced by Ludwig von Mises’ word “Catallactics”.  The word, catallaxy, refers to more than “household management” – which is what the Greek-root of the word economy actually means.  Dating back to Aristotle, the concept of household management could refer to a family-home, or an entire country, however with both there is an implication of “shared goals”.  Hayek, not completely happy with the concept of shared goals in a market economy, used Catallaxy to describe what was then called economy.  In a market economy, Catallaxy is viewed as a “Science of Exchange” (See reference).

Reference:

Boettke, P. in The Political Economy of the Austrian School, 2nd edition 1994, preface, proposition 2.  Retrieved originally on June 27, 2010 from http://en.wikipedia.org/wiki/Catallaxy

Access to Local Food

In an AP article, a phenomena and trend which has been taking shape for quite awhile, is highlighted.

That trend is the limited access to food in rural areas (e.g. grocery stores), and the reason has to do with economics.  Smaller operations are generally more costly to run, and larger operations who can utilize the benefits of economies of scale to offer products and services for a lower price – will be able to attract more customers who are looking for cost-savings (especially if facing bad economic conditions).

Government proposals will include spending initiatives, and there are grants and other opportunities for these small grocery stores to try and stay in business.  What is truly sustainable, though, would be for consumers to change their purchasing patterns.  Because if the demand is not there, you cannot subsidize it – it will simply not work in a free market (and we are assuming that we are keeping the free market that we have).

So, if you are reading this and are a consumer and want to make a difference – find local farmers, ranchers, and producers to support, and be willing to spend some extra money to keep them in business.  If we keep our local guys open, and help their businesses to thrive, then eventually we will actually see local food prices decrease, and the wonder and beauty of economics in a free market can once again be realized.

It will take time, it is not easy, and we must all work together.  But it is possible.

– Tisha Casida

Downsizing the Federal Government

Do you ever wonder if there are actually solutions to the mess we are in?

We hear a whole lot about the PROBLEM – but what about things we can actually DO?  I think we can all agree that our time would be better spent on positive and productive solutions versus complaining, hate speech, and rhetoric.

So, OF COURSE there are solutions.  This blog – Downsizingthefederalgovernment, as well as the book, Downsizing the Federal Government by Chris Edwards (available on our website for purchase; please purchase there if you so desire as it keeps the lights on), offer a “department by department guide to cutting the federal government”.

The TRUTH is that we can solve a whole lot of our budget problems by eliminating waste and inefficiences.  AND if we have more money in the bank, we can do more productive things in our economy.

Don’t be fooled – there are things we can do RIGHT NOW.  All it takes is a group of concerned citizens willing to stand up and speak up.

– Tisha Casida

Constituting America

Constituting America is a wonderful organization whose mission is to educate and inform the population, especially our youth, about the Constitution and what exactly that document means for this great Country.

Founder, Janine Turner and her daughter Juliette Turner have an excellent website, full of resources for both youth and adults.

There is even a contest “We The People 9-17” where entrants can win prizes and scholarships.

Check them out HERE!

A Banking System to Create PROSPERITY

– Tisha Casida

In theory, a banking system is supposed to create safety and prosperity for its customers – the people who make deposits and take out loans.

What happened in the past couple years in the United States is unprecedented and unsustainable, not to mention unethical.  Hard-working Americans who trusted in their investments were taken to the cleaners, while those who stole their retirements, livelihoods, and future were the beneficiaries of a government-funded bailout.

Could this have been prevented?  Of course it could have!  Could we do better now?  Of course we can!  Here’s how.

Our financial system “was supposed to channel our hard-earned savings into the best real investments: new homes, offices, factories, equipment and research. And it was supposed to correctly price our assets”(Kotlikoff & Leamer, 2009).  When it collapsed, it was doing neither of these because Wall Street had turned into a gambling machine.

Limited Purpose Banking (LPB) “would transform all financial corporations, including insurance companies and hedge funds, into mutual funds”(2009).  These mutual funds would still be called “banks” and would be regulated by a new “Federal Financial Authority” (FFA) that would replace over 115 state and federal regulatory agencies (yes, that would probably save some taxpayers money, not to mention time, and heartache) and the FFA would “rate, verify, supervise custody, disclose and clear all securities purchased, held and sold by LPB mutual funds. Private rating companies could stay in business, but no one would need to trust them ever again”(2009).

Under such a system, banks would never fail because they would never hold financial assets, they would be limited to their “legitimate” purpose – being a financial intermediary.

The Good American Post will do our best to figure out how our readers and listeners can learn more and get involved, you can read a detailed article about LPB by Laurence J. Kotlikoff and Edward Leamer HERE.

Reference:

Kotlikoff, L.J.,  & Leamer, E. (2009, April 23).  A Banking System We Can Trust. Forbes.com. Retrieved from http://www.forbes.com/2009/04/22/loan-mortgage-mutual-fund-wall-street-opinions-contributors-bank.html.

WALK THE TALK – Support Local

It’s easy to tell people what they should do.  It’s easy to say what you are going to do.  But actually doing something is a whole other level, and the level that we need to be at to really make sustainable changes with anything.

Simply a rant against people who talk but don’t walk?  Perhaps.  Or perhaps a reminder that we all need a reminder to do things.

Supporting local means trying to source products and services from someone imediately in your community – meaning that person is alive and operating in that community.  A local farmer or gardener grows produce there, a local shop-keeper has items that he or she resells there, a local brewer makes their beer there, a publication houses writers and advertisers there.

It is hard to purchase everything local – so don’t try doing that.  To start, try one or two things, and then build as you go – that is generally more sustainable for those of us who work for a living.

It all starts somewhere, but it must start – we make the difference, and we must walk the talk.

– Owen Sotto

The Answer is Civic Culture, Sustainability, Local Economy and Community

Lance Benninghoff

As I’m researching and writing my master’s thesis concerning economic development, I’m becoming more convinced that the current economic and political system is in dire need of change and innovation. A survey of the latest headlines and the economic recession are proof that the current systems are not working as intended. However, the key idea for people to keep in mind is that rather than sink down into a pathology of despair and helplessness, the time of crises is an opportunity to innovate and come up with new and creative solutions to our problems. The current situation doesn’t have to be this way.

Why is this? The answer lies in the recognition that economics, politics, law and public policy are socially constructed.  They are not monolithic abstract concepts immune from change. Rather, they are driven by individuals whose interpersonal relationships develop into social networks whose internal and external relationships create social structures at the local, state, national and global scale.

Relating this to the local level, of which I am most interested, it is important to acknowledge that economics and geopraphy do not serve solely as determinants of which communites fail or succeed. Rather, civic culture composed of local leadership and community social structure, in addition to the policies they implement, are what truly determine the success of communities.

Economics and geography, while important, merely serve as part of a contextual framework to which local leadership and community social structures adopt policies in reaction to these influences. This explains why cities with the same geography, demographics and governmental structure often adopt divergent policies and thus have divergent policy outcomes. In essence, its people and personalities that  utlimately determine allocation of scarce resources and this changes over time as well as can be changed.

Understanding the civic culture of a community is critical to implenting local economic development policies based on sustainability, local economy and community as outlined by Joseph Ciadella in his article, Debating Detroit’s Redevelopment, that I agree are necessary to create a successful community. I shall enlarge on these ideas in further articles.

Benninghoff is currently working with the Otero (Colorado) County Commissioners and County Administrator and learning to become a future City Manager/County Administrator. He currently belongs to the International City County Manager’s Association and the  Colorado City County Manager’s Association. He is also working on his Master’s Thesis which is the Economic Development Policy for Otero County.  This will look at strategies encompossing sustainability and internally developing the local economy.

State Capitalism vs. Democratic Capitalism

State capitalism is not really a form of capitalism at all.  And if you love a true free market, then neither democratic capitalism nor state capitalism are friendly to a market (sans the heavy hand of government).  In an excellent article by Sheldon Richman, you can read more!

S.3480 – Protecting Cyberspace as a National Asset Act (PCNAA)

– Good American Post Staff Reports

It appears as if this is a bill presented to give the p0wers that be, “ultimate authority” over the Internet in the case of a national security threat.

The Good American Post believes in the Internet as an integral part of our free market, and believe that its regulation is best left to private companies and individuals – that includes if there is any threat coming from a terrorist organization.

Giving ultimate authority to one person, or to any governmental entity would risk a very important communication asset to a set agenda or potential mishap, which is never good business.

Read the bill, protect your liberty, and don’t ever act in fear!

READ THE BILL HERE

CREATIVE DESIGN FROM BROOKLYN

Big or small, we’ve got a solution when you need it. Our advanced service and support tools provide step-by-stepinstructions without being put on hold or waiting in line.