Petition for Rationality

Reading this yesterday got me thinking: how do governments guarantee certainty? For all it's demerits, it's big-talk-small-action and it's downright illiberal poo-gravy this coalition has at least done one (good?) thing; it has stopped the mass capital flight that Eire is currently undergoing by assuring the markets that things, though not ideal, are at least stable.

So I felt obliged to create this petition (annoyingly missing the last word off which is "limit").

My logic can be no better summed up than in these famous words:

I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. The reason I am is because I believe the big problem is not taxes, the big problem is spending. The question is, "How do you hold down government spending?" Government spending now amounts to close to 40% of national income not counting indirect spending through regulation and the like. If you include that, you get up to roughly half. The real danger we face is that number will creep up and up and up. The only effective way I think to hold it down, is to hold down the amount of income the government has. The way to do that is to cut taxes.

-Milton Friedman

Ultimately the stranglehold is that of our elected representatives and the fact that they have the keys to some very powerful tools:

- The legal use if violence.

- The legal use of counterfeiting

I simply say that the problem of abuse of these tools can be fixed by arbitrarily limiting what proportion of the economy politicians can control and staple it to a written constitution protected by democratically elected but separate powers in the judicial services (which are long overdue an overhaul).

Will people join me?

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