Posts Tagged ‘money

11
Oct
09

Could You Survive With No Money? Meet the Guy Who Does.

(Original here)

DANIEL SUELO LIVES IN A CAVE. UNLIKE THE average American—wallow….ing in credit-card debt, clinging to a mortgage, terrified of the next downsizing at the office—he isn’t worried about the economic crisis. That’s because he figured out that the best way to stay solvent is to never be solvent in the first place. Nine years ago, in the autumn of 2000, Suelo decided to stop using money. He just quit it, like a bad drug habit.

His dwelling, hidden high in a canyon lined with waterfalls, is an hour by foot from the desert town of Moab, Utah, where people who know him are of two minds: He’s either a latter-day prophet or an irredeemable hobo. Suelo’s blog, which he maintains free at the Moab Public Library, suggests that he’s both. “When I lived with money, I was always lacking,” he writes. “Money represents lack. Money represents things in the past (debt) and things in the future (credit), but money never represents what is present.”

On a warm day in early spring, I clamber along a set of red-rock cliffs to the mouth of his cave, where I find a note signed with a smiley face: CHRIS, FEEL FREE TO USE ANYTHING, EAT ANYTHING (NOTHING HERE IS MINE). From the outside, the place looks like a hollowed teardrop, about the size of an Amtrak bathroom, with enough space for a few pots that hang from the ceiling, a stove under a stone eave, big buckets full of beans and rice, a bed of blankets in the dirt, and not much else. Suelo’s been here for three years, and it smells like it.

Night falls, the stars wink, and after an hour, Suelo tramps up the cliff, mimicking a raven’s call—his salutation—a guttural, high-pitched caw. He’s lanky and tan; yesterday he rebuilt the entrance to his cave, hauling huge rocks to make a staircase. His hands are black with dirt, and his hair, which is going gray, looks like a bird’s nest, full of dust and twigs from scrambling in the underbrush on the canyon floor. Grinning, he presents the booty from one of his weekly rituals, scavenging on the streets of Moab: a wool hat and gloves, a winter jacket, and a white nylon belt, still wrapped in plastic, along with Carhartt pants and sandals, which he’s wearing. He’s also scrounged cans of tuna and turkey Spam and a honeycomb candle. All in all, a nice haul from the waste product of America. “You made it,” he says. I hand him a bag of apples and a block of cheese I bought at the supermarket, but the gift suddenly seems meager.

Suelo lights the candle and stokes a fire in the stove, which is an old blackened tin, the kind that Christmas cookies might come in. It’s hooked to a chain of soup cans segmented like a caterpillar and fitted to a hole in the rock. Soon smoke billows into the night and the cave is warm. I think of how John the Baptist survived on honey and locusts in the desert. Suelo, who keeps a copy of the Bible for bedtime reading, is satisfied with a few grasshoppers fried in his skillet.

HE WASN’T ALWAYS THIS WAY. SUELO graduated from the University of Colorado with a degree in anthropology, he thought about becoming a doctor, he held jobs, he had cash and a bank account. In 1987, after several years as an assistant lab technician in Colorado hospitals, he joined the Peace Corps and was posted to an Ecuadoran village high in the Andes. He was charged with monitoring the health of tribespeople in the area, teaching first aid and nutrition, and handing out medicine where needed; his proudest achievement was delivering three babies. The tribe had been getting richer for a decade, and during the two years he was there he watched as the villagers began to adopt the economics of modernity. They sold the food from their fields—quinoa, potatoes, corn, lentils—for cash, which they used to purchase things they didn’t need, as Suelo describes it. They bought soda and white flour and refined sugar and noodles and big bags of MSG to flavor the starchy meals. They bought TVs. The more they spent, says Suelo, the more their health declined. He could measure the deterioration on his charts. “It looked,” he says, “like money was impoverishing them.”

The experience was transformative,…. but Suelo needed another decade to fashion his response. He moved to Moab and worked at a women’s shelter for five years. He wanted to help people, but getting paid for it seemed dishonest—how real was help that demanded recompense? The answer lay, in part, in the Christianity of his childhood. In Suelo’s nascent philosophy, following Jesus meant adopting the hard life prescribed in the Sermon on the Mount. “Giving up possessions, living beyond credit and debt,” Suelo explains on his blog, “freely giving and freely taking, forgiving all debts, owing nobody a thing, living and walking without guilt . . . grudge [or] judgment.” If grace was the goal, Suelo told himself, then it had to be grace in the classical sense, from the Latin gratia, meaning favor—and also, free.

By 1999, he was living in a Buddhist monastery in Thailand—he had saved just enough money for the flight. From there, he made his way to India, where he found himself in good company among the sadhus, the revered ascetics who go penniless for their gods. Numbering as many as 5 million, the sadhus can be found wandering roads and forests across the subcontinent, seeking enlightenment in self-….abnegation. “I wanted to be a sadhu,” Suelo says. “But what good would it do for me to be a sadhu in India? A true test of faith would be to return to one of the most materialistic, money-….worshipping nations on earth and be a sadhu there. To be a vagabond in America, a bum, and make an art of it—the idea enchanted me.”

THERE ISN’T ENOUGH SPACE IN SUELO’S cave for two, so I sleep in the open, at the edge of a hundred-foot cliff. No worries about animals, he says. Though mountain lions drink from the stream, and bobcats hunt rabbits under the cottonwoods, the worst he’s experienced was a skunk that sprayed him in the face. Mice scurry over his body in the cave, and kissing bugs sometimes suck the blood from under his fingernails while he sleeps. He shrugs off these indignities. “After all, it’s their cave too,” he says. I hunker down near a nest of scorpions, which crawl up the canyon walls, ignoring me.

The morning ritual is simple and slow: a cup of sharp tea brewed from the needles of piñon and juniper trees, a swim in the cold emerald water where the creek pools in the red rock. Then, two naked cavemen lounging under the Utah sun. Around noon, we forage along the banks and under the cliffs, looking for the stuff of a stir-fry dinner. We find mustard plants among the rocks, the raw leaves as satisfying as cauliflower, and down in the cool of the creek—where Suelo gets his water and takes his baths (no soap for him) —we cull watercress in heads as big as supermarket lettuce, and on the bank we spot a lode of wild onions, with bulbs that pop clean from the soil. In leaner times, Suelo’s gatherings include ants, grubs, termites, lizards, and roadkill. He recently found a deer, freshly run over, and carved it up and boiled it. “The best venison of my life,” he says.

I tell him that living without money seems difficult. What about starvation? He’s never gone without a meal (friends in Moab sometimes feed him). What about getting deadly ill? It happened once, after eating a cactus he misidentified—h….e vomited, fell into a delirium, thought he was dying, even wrote a note for those who would find his corpse. But he got better. That it’s hard is exactly the point, he says. “Hardship is a good thing. We need the challenge. Our bodies need it. Our immune systems need it. My hardships are simple, right at hand—they’re manageable.” When I tell him about my rent back in New York—$2,400 a month—he shakes his head. What’s left unsaid is that I’m here writing about him to make money, for a magazine that depends for its survival on the advertising revenue of conspicuous consumption. As he prepares a cooking fire, Suelo tells me that years ago he had a neighbor in the canyon, an alcoholic who lived in a cave bigger than his. The old man would pan for gold in the stream and net enough cash each month to buy the beer that kept him drunk. Suelo considers the riches of our own forage. “What if we saw gold for what it is?” he says meditatively. “Gold is pretty but virtually useless. Somebody decided it has worth, and everybody accepted this decision. The natives in the Americas thought Europeans were insane because of their lust for such a useless yellow substance.”

He sautés the watercress, mustard leaves, and wild onions, mixing in fresh almonds he picked from a friend’s orchard and ghee made from Dumpster-dived butter, and we eat out of his soot-caked pans. From the perch on the cliff, the life of the sadhu seems reasonable. But I don’t want to live in a cave. I like indoor plumbing (Suelo squats). I like electricity. Still, there’s an obvious beauty in the simplicity of subsistence. It’s an un-American notion these days. We don’t revere our ascetics, and we dismiss the idea that money could be some kind of consensual delusion. For most of us, it’s as real as the next house payment. Suelo doesn’t take public assistance or use food stamps, but he does survive in part on our reality, the discarded surfeit of the money system that he denounces—a system, as it happens, that recently looked like it was headed for the cliff.

Suelo is 48, and he doesn’t exactly have a 401(k). “I’ll do what creatures have been doing for millions of years for retirement,” he says. “Why is it sad that I die in the canyon and not in the geriatric ward well-insured? I have great faith in the power of natural selection. And one day, I will be selected out.” Until then, think of him like the raven, cleaning up the carcasses the rest of us leave behind.

06
Aug
09

Healthcare Plan Based on Economic Fantasy

As the healthcare debate rages on, there is one reality that even the proponents of this hostile takeover of healthcare by government cannot ignore — and that is money. The government simply does not have the money for a new, expansive, public healthcare plan. The country is in a deep recession that will deepen even further with the coming collapse of the commercial real estate market. The last thing we need is for government to increase and expand taxes to pay for another damaging, wasteful program. Foreigners are becoming less enthusiastic about buying our debt, and creating another open-ended welfare program when we cannot pay for what is already in place, will not help. Champions of socialized medicine want to tax the rich, tax businesses that already cannot afford to provide health plans to employees, and tax people who don’t want to participate in the government’s scheme by buying an approved healthcare plan. Presumably, all these taxes are to induce compliance. This is not freedom, nor will it improve healthcare.

There are limits to how much government can tax before it kills the host. Even worse, when government attempts to subsidize prices, it has the net effect of inflating them instead. The economic reality is that you cannot distort natural market pressures without unintended consequences. Market forces would drive prices down. Government meddling negates these pressures, adds regulatory compliance costs and layers of bureaucracy, and in the end, drives prices up.

The non-partisan CBO estimates that the healthcare plan will cost almost a trillion dollars over the next ten years. But government crystal balls always massively underestimate costs. It is not hard to imagine the final cost being two or three times the estimates, even though the estimates are bad enough.

It is still surreal that in a free country we are talking only about HOW government should fix healthcare, rather than WHY government should fix healthcare. This should be between doctors and patients. But this has been the discussion since the 60’s and the inception of Medicare and Medicaid, when government first began intervening to keep costs down and make sure everyone had access. The result of Medicaid/Medicare price controls and regulatory burden has been to drive more doctors out of the system — making it more difficult for the poor and the elderly to receive quality care! Seemingly, there are no failed government programs, only underfunded ones. If we refuse to acknowledge common sense economics, the prescription will always be the same: more government.

Make no mistake, government control and micromanagement of healthcare will hurt, not help healthcare in this country. However, if for a moment, we allowed the assumption that it really would accomplish all they claim, paying for it would still plunge the country into poverty. This solves nothing. The government, like any household struggling with bills to pay, should prioritize its budget. If the administration is serious about supporting healthcare without contributing to our skyrocketing deficits, they should fulfill promises to reduce our overseas commitments and use some of those savings to take care of Americans at home instead of killing foreigners abroad.

The leadership in Washington persists in a fantasy world of unlimited money to spend on unlimited programs and wars to garner unlimited control. But there is a fast-approaching limit to our ability to borrow, steal, and print. Acknowledging this reality is not mean-spirited or cruel. On the contrary, it could be the only thing that saves us from complete and total economic meltdown.

(link)

15
Apr
09

What Income Taxes Really Are

There IS an Income Tax . . .

HOWEVER

“Everything” you earn
IS NOT
“Taxable Income”

Did YOU earn your money by:

WORKING FOR…

DOING BUSINESS WITH…

INVESTING IN…

THE FEDERAL GOVERNMENT ?

If not, then those earnings
ARE NOT “taxable income”

WWW.LOSTHORIZONS.COM

TITLE 26 > Subtitle A > CHAPTER 1 > Subchapter B > PART I > § 63. Taxable income defined

(a) In general: Except as provided in subsection (b), for purposes of this subtitle, the term “taxable income” means gross income minus the deductions allowed by this chapter (other than the standard deduction).

That’s not very helpful, what exactly IS “income” since THAT is what you are taxing…

US Supreme Court, US v. Ballard, 535 f2d 400, 404 (1976) “The general term ‘income’ is not defined in the Internal Revenue Code”

What does the Dictionary say “income” is?

in·come: The monetary payment received for goods or services, or from other sources, such as rents or investments.

OK, “income” is all that I earn from my work and investments…just what I thought…

US Supreme Court, Southern Pacific v. Lowe 247 U.S. 330 (1918): “We must reject the broad contention submitted in behalf of the government that all receipts, everything that comes in, are income…”

WHAT !?…….”income” is NOT “all” money that I receive !? What does the Constitution say about a DIRECT TAX upon my earnings?

US Constitution, Article 1 Section 9: “No capitation, or other direct, Tax shall be laid, unless in proportion to the Census or Enumeration herein before directed to be taken”

In response to the above Constitutional reference, your accountant or the IRS will probably refer to the 16th Amendment, commonly known as the “Income tax”. To which the Supreme Court would reply…

US Supreme Court, Stanton v. Baltic Mining Co. 240 U.S. 103 (1916): The provisions of the Sixteenth Amendment conferred no new power of taxation…

Additionally… Howard M. Zaritsky, Legislative Attorney, American Law Division of the Library of Congress Report No. 80-19A,“Some Constitutional Questions Regarding The Federal Income Tax Laws”:

Page CRS-5 (1979): “The Supreme Court, in a decision written by Chief Justice White [the Brushaber ruling], first noted that the Sixteenth Amendment did not authorize any new type of tax, nor did it repeal or revoke the tax clauses of Article I of the Constitution, quoted above. Direct taxes were, notwithstanding the advent of the Sixteenth Amendment, still subject to the rule of apportionment and indirect taxes were still subject to the rule of uniformity.”F. Morse Hubbard, Treasury Department Legislative draftsman. March, 27 1943 Page 2580.

The income tax is, therefore, is not a tax on income as such. It is an excise tax with respect to certain activities and privileges which is measured by reference to the income they produce. The income is not the subject of the tax: it is the basis for determining the amount of the tax.

The “PRIVILEGE” you must participate in to earn “taxable income” is working for, doing business with, or investing in businesses majority-owned by the Federal Government or “Federal Instrumentalities”. If you make your money having nothing to do with the Federal Government, then your earnings are not “taxable income”.

WWW.LOSTHORIZONS.COM

(original)

01
Jan
09

UAW is a Problem Folks

I went back to the midwest this Christmas break to be with my family. I grew up in Dayton, Ohio, where a GM plant was 15 minutes away. A place where I saw trains carrying cars and/or car parts every time I crossed the train tracks. You would think that with the recent “hardship” of my home town that they would have something to say about the bailout right.

Of course the subject was broached on the first day I was there. I don’t remember the exact subject at hand, but I think the news was showing the somber sad GM workers taking their tools home because their shop was closing it’s doors. Somewhere during this I chirped in and said, “Good. Chapter 11 is exactly what they need so they can get the Union off their back.” I was immediately rebuked with, “No, that isn’t it!” I didn’t get into it at that point but here is a good article here from Michelle Malkin about how the UAW spent money unwisely and lost money for the benefit of the head-hancho UAW people. Anyways, article below… Continue reading ‘UAW is a Problem Folks’

05
May
08

COMMUNopoly

Digg This A Hilarious Communist Parody of Monopoly. Gameplayers of the world, Unite!

“Go directly to Siberia. Do Not Pass Go. Do Not Collect $200”

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Quotes:

"We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it." - Patrick Henry

"Politicians and diapers both need to be changed, and for the same reason." - Anonymous

"Right is right, even if everyone is against it, and wrong is wrong, even if everyone is for it." - William Penn

"Naturally the common people don't want war; neither in Russia, nor in England, nor in America, nor in Germany. That is understood. But after all, it is the leaders of the country who determine policy, and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is to tell them they are being attacked, and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same in any country" - Hermann Goering

"I know that nothing good lives in me, that is, in my sinful nature. For I have the desire to do what is good, but I cannot carry it out. For what I do is not the good I want to do; no, the evil I do not want to do this I keep on doing." - Romans 7:18-19

"Twenty years from now you will be more disappointed by the things you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." - Mark Twain

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