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Sunday, February 2, 2025

An Experts Plan to Obtain Economic Liberty in 30 Days

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Organization of the Federal Reserve System
Organization of the Federal Reserve System (Photo credit: Wikipedia)
Ludwig von Mises
Ludwig von Mises (Photo credit: Wikipedia)
The Following is an article that I saved many years ago. It was written by Llewellyn H. Rockwell, Jr., President of the Ludwig Von Mises Institute, Auburn University, Auburn, Alabama,36849-5301. This article reflects the feelings of many Americans who want to free themselves from much of the taxation and foolish politicking going on today. The years since it was written have only worsened, in my opinion. It really doesn't matter who the country's official is in office. Even the best human being in office can't wave a magic wand and make years of bad Choices go away.

With this in mind and not saying I totally agree with this gentleman. I really feel that there is much that could be done around the world to redeem peace and prosperity to humans. That in mind, I give you the words of the honorable gentleman as follows. Apply them to your own piece of the world and see that it is very much like my world. We all need to think as one people...The human Race.   :-)

Day 1)The federal income tax is abolished, and April 15th is declared a national holiday. The 40% reduction in federal revenues is matched by a 40% cut in spending. The budget is stillalmost twice as big as Jimmy Carter's.

Day2)All other federal taxes are abolished, including the corporate income, the capital gains tax, the gasoline tax, "sin" taxes, excise taxes, etc. Business booms, and the new legitimate federal functions are funded with an inexpensive head tax. People who choose not to vote need not pay for it. (Note: This was a mainstream view in the 19th century.)

Day3)The federal government sells all of its land, freeing up tens of millions of acres for forestry, private parks, farming development, etc. The government uses the revenue to pay off the national debt and other liabilities.

day4)The minimum wage is reduced to zero, creating jobs for ex-federal bureaucrats at their market wage. All pro-union laws and regulations are scrapped. The jobless rate falls dramatically.

Day5)The Bureau of Labor Statistics, like the rest of the labor dept. is sent to that big hiring hall in the sky. Without detailed economic statistics, future economic planners will be blind and deaf.

Day6)The Department of Commerce is abolished. Big business has to make its own way in the world, without subsidies and privileges at the expense of its competitors and customers.

Day7)The plug is pulled on the Department of Energy. Oil and gas prices plummet.

Day8)All regulatory agencies, from the Interstate Commerce Commission to the Federal Trade Commission, are deep-sixed. Competition is legalized.

Day9)HUD is squashed like a bug. There's a building boom in cheap private apartments.

Day10)The interstate highways open asprivate businesses.Road entrepreneurs price travel according tocustomer demand. Using modern technologies, drivers get bills once a month. Non-drivers no longer subsidize car owners.

Day11)Government welfare is wiped out. Bums work, or starve. The deserving poor find a cornucopia of private services designed to make them independent. Private charity explodes as the American people, already the most generous in the world, see their incomes almost double thanks to the tax cuts.

Day12)The Federal Reserve closes its open market operations and stops protecting the banking industry from competition. But banks can now engage in all non-bank financial activities previously forbidden to them. The business cycle, which is caused by monetary expansion through the credit markets, is liquidated.

Day 13)Federal deposit insurance is scrapped. All insured deposits are redeemed from federal assets, which include the personal assets of high-level government employees. The threat of bank runs forces banks to maintain 100% reserves on demand deposits and prudent reserves on all other accounts. There are no more inherently bankrupt banks propped up by the government, at taxpayer expense, and no more bailouts.

Day14)The shaky flat dollar is defined in gold, with the ratio determined by dividing the government's gold stock by all existing dollars on that day.

Day15)The federal government sells National and Dulles airports to the highest bidder, and stops all subsidies to other socialist airports around the country. All constraints on airline prices and services cease. It costs more to fly during peak hours than off-peak, but overall airfares drop.

Day16)All government regulations and sustained cartels are abolished, including those for the post office, telephones, television, radio, and cable TV. Prices plummet, and a host of new and unforeseen services become available

Day17)Centrally planned agriculture, as proposed by Hoover and Roosevelt, is repealed: There are no more subsidies,payments-in-kind, marketing orders, low-interest loans, etc. Farm prices drop. Entrepreneurial farmers get rich. Welfare farmers go into another line of work. The poor eat like kings!

Day18)The Justice Department shutters its antitrust division. Companies, big and small, are free to merge up, down, or sideways. Stockholders can buy any other company's stock or sell their own stock to anyone else. Marginal producers can no longer battle their competitors with bureaucratic weapons.

19)The Department of Education flunks the constitutionality test and is kicked out. Private charities set up remedial reading and writing programs for former bureaucrats. Local school districts become responsive to parents or close, pressured by a fast-growingprivate school sector(which many more parents can now afford)

20)All federalmonuments are sold, in some cases to non-profit groups based on the Mt.Vernon Ladies Association, which owns and runs George Washington's home. The VFW buys the Vietnam Memorial. There is much bidding for the Jefferson and Washington Monuments. Nobody wants the FDRs, so they are torn down, and the land is sold to a farmer. (Blogger's personal Note: Disagree here!)
(With the Federal Government cut back to its constitutional size, much of Washington reverts to productive uses like agriculture, as in the late 18th century.

Day21)The computerized financial and political dossier maintained by the government on every American is erased. The public wanders through the federal offices to make sure, in a reprise of the East Berliners' visits to Stasi HQ.

Day22) Equal rights are granted to ALL Americans, even members of non-victim groups. There is no affirmative action, no quotas, no set-asides, no public accommodations laws. Private property and freedom of association are fully restored

Day 23) The EPA is cleaned out, with all "clean air" and similar big-government laws repealed. Ten thousand lawyers leap from their balconies. Private property is established in the air and the water. Americans harmed by pollution are free to sue the polluters, who are no longer protected by the federal government.

Day 24) Americans are given complete freedom of contract, restoring rationality to malpractice and product liability law.

Day25)Government scrambles for more assets to sell(ie, the national zoo, also known as Washington D.C.)to pay off the liabilities of the privatized Social Security system.

Day 26)Porn artists have to earn their own living, as the National Endowment for the Arts tries to raise its budget through sidewalk painting sales.(blogger's note: There is quite a difference between Mona Lisa and a urine-filled bottle containing a Sacred Holy Relic...What is Worthy ART?

Day 27) Foreign aid is outlawed as unconstitutional, unjust, and uneconomic. Foreign politicians have to steal their own money. The World Bank, the IMF, and the United Nations closed their super luxurious doors.

Day28)The American people are given the unrestricted right to keep and bear arms. (Bloggers' Note: Don't hold your breath on this one. Armed citizens are very threatening annoyances to folks in command. It becomes very hard to dictate your will in some places when "THE PEOPLE"get sick of being kicked around, & ignored, while living in fear and poverty: ie, Arab Spring....Dictators beware! Be very, very nervous. Your people are but a Sleeping Dragon. Build your Empire, forget your people, and they will come for you.

Day 29)The Defense Department is reoriented toward defense. American troops come home from all over the world. We remember the founding fathers' teaching that we cannot have an empire abroad and a constitutionalrepublic at home.

Day 30) All tariffs, quotas, and trade agreements are put through the shredder. Americans can trade with anyone in the world, without


This suggestion list may even be applied to any country in the world, as it has many similarities that would help reduce taxes and free up personal income for many people. This plan is only an idea to pull the plug on expensive, inflationary government spending. If people used it as a template for change, many citizens of the world would live richer, more upgraded lives. That is what most folks seek to do, isn't it? Live life to the best and fullest...We spend many days just working to pay for things that will never be listed with any credibility by government sources. It's called subterfuge: to hide in plain sight so as not to be the central attention, a distraction from the main point.


So long for now, and please come back soon
RJP