Mo’ Money, Mo’ Invasion

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Mo’ Money, Mo’ Invasion by Tom Luongo – Gold, Goats and Guns

TDC Note – Look for an exclusive interview with Tom Luongo to be released on Thursday Nov. 8, 2018. I am very excited to speak with Tom about a couple of the issues that are bursting at the seams! immigration and Trump!

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Immigration is a tricky subject for a lot of libertarians.  If there is one issue that has caused more fights in libertarian circles it is the question of restricting a person’s right to movement.

But in a world of private property where does that right end?  We know where it is in a world of public property.  It doesn’t.  I’m very Hoppean in my views on private property and the private production of defense.  So, I have zero problem going toe to toe with the left-libertarians who refuse to divorce themselves from their principled hobby horses and push for open borders uber alles.

It’s stupid, counter-productive and, frankly, one of the main reasons why libertarians are thoroughly corrupted as a political force in the U.S., having been neutered by the Koch brothers fighting about irrelevancies.

Immigration issues are on the ballot today.  The Soros-funded invasion caravan is a thinly-veiled political stunt which is being used to fuel the unquenchable greed of globalists using Marxist arguments of envy to sow sympathy for those marching to take back what was supposedly stolen by evil white American Imperialists.

The sad truth is that part of that narrative is true.  It’s also why open borders are incompatible with the world we live in today.  Because both the warfare state and the welfare state create an artificially high supply of migrants and an artificial demand for subsidy of those migrants, especially, as here in the U.S. where those migrants overwhelmingly vote for the party who will further subsidize them.

This is far beyond the principle that peaceable people should be free to traverse arbitrary political boundaries.

Those artificial political boundaries are created through the application of private property of the citizens nee subjects of the government.  If anyone has a claim on the property expropriated by this government it is the taxpayers themselves and not those trudging across Mexico in search of a handout.

Because like it or not, that’s what’s on the table today.  That’s reality.  When my grandparents came here from Italy they didn’t ask for a handout.  They weren’t given one either.

All they wanted was the opportunity, which they took and were grateful for.

So, it makes me happy today to see Italian Interior Minister and all-around badass Matteo Salvini highlight just how sick and insane the whole immigration issue is by announcing he’s cutting in half the daily allowance of migrants from 35€ per day (PER DAY!) to 19€.

That’s nearly $1200 per month folks.

As Ron Paul so succinctly said on the campaign trail, when you subsidize something you get more of it.

So, Italy under the direction of an EU-appointed Prime Minister and government was handing out nearly €1 billion a year to migrants in a country under a brutal austerity program and laboring under a crushing debt load due to fiscal mismanagement.

Now, it doesn’t take an economist to tell you that people respond to incentives.   No wonder everyone wants in.  And this is where I break with my left-libertarian brethren.

Open borders are incompatible with public property on the subject of defense. Because the state via public roads exports behavior the community doesn’t want to your front yard and you have no direct way to combat this.

Continue Reading / Tom Luongo>>>

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The Daily Coin

Rory Hall, The Daily Coin. Beginning in 1987 Rory has written over 1,000 articles and produced more than 300 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Silver Doctors, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Shadow of Truth YouTube channels to enjoy original videos and some of the best economic, precious metals, geopolitical and preparedness news from around the world.