Trucking
Posted in Tuma's Toons by R Lee Wrights on March 20th, 2005 Archive for March, 2005
Posted in Tuma's Toons by R Lee Wrights on March 20th, 2005 
LNC Meeting Report, February 26-27, 2005, Portland OR
Posted in LNC Reports by R Lee Wrights on March 12th, 2005 by Sean Haugh
Many great things were announced or acted upon at this meeting, stuff that we have known we have needed for some time. Party members who have been waiting for them will be very happy to see them. Unfortunately, I’m afraid the good news might get lost in the furor over the LNC’s secret ballot to increase membership dues.
Below it is suggested people contact LNC members for a variety of purposes. You can find a directory of LNC contact information at http://www.lp.org/organization/lnc/directory.php.
Table of contents:
1) Portland
2) Dues increase
3) Finances
4) Personnel
5) Database
6) Audit Committee
7) Outreach
Website upgrade
9) Libertarian National Congressional Committee
10) New Office Space
11) Ballot Access/Oklahoma
12) Nevada
13) SPT Review
14) North Carolina Resolution
15) Procedural matters
16) Miscellaneous: Bylaws Committee Outsourcing caging for state affiliates Campus Organizing Branding Policy Manual redesign National-State relations Program Personal resolutions
17) Future meetings
Bush’s Social Security Plan: Building Communism the American Way
Posted in Stand Up For Liberty by R Lee Wrights on March 10th, 2005 by George Phillies
Little remarked in criticisms of the Bush Social Security revision is the plan’s implication for ownership of the economy.
Consider a simple case: someone works for 40 years (typically unreasonably short other than in the learned professions) and salts away the allowed $2000 a year (perhaps generous) at 7% yield (which is in the range covered by stocks and bonds). At retirement, they have put away $300,000 or so. If they retire later or earlier, if the yield is higher or lower, if they earn more or less, then the amount in their Bush account will be some larger or smaller number. If you say $1000 for the first 20 years, and $2000 for next 25, and 5% interest, perhaps only $200,000 is in the account. If you say $2000 a year for 45 years, and 8% interest, then $800,000 is in the account. There is a large sensitivity to how much money is put away in the early years.
