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VBlog: Minute Libertarian Day One and Two

In Economics,Elections,General on September 6, 2014 by Robert Burke

Day 2 Property Taxes + Fixed Income + Inflation =Bad

Day 1 Gay Marriage or Civil Unions

Facebook – Facebook.com/BurkeLibertarian

Twitter @BurkeWIGov

YouTube – Wisconsin Liberty Coalition

Website – RobertBurkeforGovernor.org

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Economic Reboot for at 21st Century Wisconsin

In Economics,Elections on September 4, 2014 by Robert Burke

Libertarian Candidate for Governor releases Economic Reboot for a 21st Century Wisconsin video.

Visit RobertBurkeforGovernor.org to see what else my campaign has been working on.

Published on Sep 4, 2014

Opening Comments by Robert Burke
Libertarian Candidate for Governor of Wisconsin
Libertarians are famous for their contrarian view of the economy and consider the works of Ludwig von Mises and FA Hayek to be ground breaking and spectacularly accurate in explaining the problems with our current boom-bust capital and economic model. With the former in mind, the Libertarian Candidates for Governor and Lt. Governor of Wisconsin, Robert Burke and Joseph Brost, present their economic recovery plan. We would like to note that the information and ideas are not written, directed, or influenced by 3rd party organizations or consulting firms.

In other words, we did the homework ourselves.

We would like to note three things prior to reading the plan:
1) We will not be elected to office while the existing financial paradigm exists and so our plan is a restructuring of the Wisconsin economy post dollar collapse. We realize that the implementation of many of these changes will only be possible in a wholesale environment of massive change.
2) The current spending levels by the federal government are unsustainable and will deeply impact Wisconsin government spending on state social programs. Our plan cannot possibly encompass all areas that will be impacted by massive cuts in federal spending, but an attempt to minimize or offset the drop in spending will be the goal.
3) The current currency system encourages a boom-bust economy and mal-investment of capital is encouraged by our state government as well. We cannot predict what currency model our federal government will create to replace the broken Bretten-Woods system, but we will actively encourage states to band together and return to a bi-metallic, commodity based currency that offers the greatest price stability for the poor, and we will have a lot of poor.

It is in the vacuum of the collapse that we hope the media will correctly report the only two candidates on the ballot running for the top executive offices in the state who predicted the collapse, and allow us the proper coverage of our proposed solutions. With accurate and complete reporting by our news agencies the public will be able to make an informed decision about who has the best handle on rebuilding Wisconsin’s economy. There is a lot of hope for our state; we have outstanding natural resources, a highly educated population, and a robust agricultural base from which to begin. Out of the strife these major shifts create, often come the greatest of advancements in our society. Our goal as the Libertarian Candidates for Governor and Lieutenant Governor is to be standing at the right place at the right time to bring real hope and real change to the lives of the people in a state we owe so much.

Forward is in the other direction.

Sincerely,
Robert Burke
Libertarian Candidate for Governor

Joseph Brost
Libertarian Candidate for Lieutenant Governor

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11 Libertarians Successfully File for Fall Election

In Elections,General on June 4, 2014 by Robert Burke

Hudson, 8:30 AM – After receiving a unanimous endorsement from delegates at the Libertarian Party of Wisconsin State Convention in April, Robert Burke and Joe Brost, candidates for Governor and Lt Governor, submitted their 2500 signatures for the ballot on Monday, June 2nd.

“The Wisconsin Liberty Coalition has a message for Governor Walker: Forward is the other direction,” says Libertarian Candidate for Governor Robert Burke of Hudson. “The Wisconsin Economic Development Corporation should not be taking tax payer dollars and loaning it out to entities around the state, much less private business owners. Libertarians are going to head in the direction of fewer loans made by the state to anyone as the people of Wisconsin are neither a bank nor a venture capital firm.”

Andy Craig, Libertarian Candidate for Secretary of State, submitted his 2600 signatures as well as another 5000 for the Libertarian candidates for Treasurer and Attorney General. “Everyone in the state will have the choice to vote Libertarian five times this fall. But we suggest watching the the 66th Assembly and the 5th State Senate races where Libertarians are going head to head with the Democrat incumbent in one race, and the Republican incumbent in the other. Heres the bigger question, which opposing Libertarian gets the most votes from the team without a horse in the race?”

The Libertarian Party is considering its best option to assist in the rejection of one candidates petitions. Richard Martin, of Neenah Wisconsin running for the 55th Assembly District as a Libertarian, used the state standard petition for non-partisan office to collect signatures rather than the nearly identical form for partisan elections. “Libertarians fight the complexity of the systems and it’s discriminatory effect on 3rd parties. There has been a fear this entire petition season that a candidate would get tripped up by the complexity, so this outcome is not altogether surprising to the Coalition.” Says Joe Brost of New Richmond.

This year the Wisconsin Liberty Coalition is working to run a grass roots social media campaign, focusing on FaceBook, Twitter, YouTube, and other popular social sites where they believe their voters can best be reached and all candidates profiles and information can best be found of Facebook or atWisconsinLibertyCoalition.Org.

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You’re Being Robbed Blind – The Federal Reserve Rap

In Economics,Elections,General on May 21, 2014 by Robert Burke

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Robert Burke Libertarian for Gov of WI Convention Speech

In Elections on April 15, 2014 by Robert Burke

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Housing Bubble 2.0 – Attack of the Cloned Collapse

In Economics,Elections,General on April 15, 2014 by Robert Burke Tagged:

This chart shows the utter and complete collapse in mortgage originations which means prices are dropping to find buyers…like 2007.  Without buyers (and with underwater mortgages again) you can’t sell your McMansion to upgrade to the next McMansion,  and banks will begin to lose money, and of course, fail…just like 2008.  From Bloomberg news we see this is exactly what is happening now:

JPMorgan Chase & Co. (JPM), the biggest U.S. bank, said first-quarter profit fell 19 percent on lower revenue from fixed-income trading and mortgages,themes that may be repeated across Wall Street next week. The shares declined 2.9 percent.”

A 19% drop in profits is large and just like 2009, 2010, and 2011, Uncle Sam will have to bail them out because currently banks are making up profit losses by giving back the funds meant to protect against exactly this scenario called “Loan Loss Reserves.”  From Bloomberg news today we learn that not only did JP Morgan release $400 million, but the ever profitable bank Wells Fargo released $500 million:

“Results (for Wells Fargo) were helped by a $227 million drop in income tax expenses, driven by a $423 million tax benefit, Sloan said. The bank released $500 million of loan-loss reserves. Banks typically reclaim money put aside in earlier years as the economy improves and borrowers become less prone to default.”

Yes, less prone…because increased defaults never happen in the land of unicorn and rainbows where interest rate increases and a lack of buyers never turns into collapsing home prices, underwater mortgages, and increased defaults – never.

I suppose Governor Walker can be excused for not seeing this coming (perhaps the class they teach bubbles in was a senior seminar) but doesn’t Mary Burke have an MBA from Harvard?  I would expect somewhere in there they discusses interest rates and finance.  Why are neither of them warning the people of this state?

I write these blogs so that people know that at least someone on the ballot this fall was not “surprised” by these event and understands the economics driving our propped way of life.  If I understand how economies fail then perhaps I might have an idea on how economies succeed as well.

On a side note, will someone call Governor Walker for me and ask what time Mike Ellis will be arrested for a clear violation of election law?  If his attorney general wont do it mine, Tom Nelson of Madison, will.

You have a choice, the only thing you need to do is make it.  Until then enjoy your debt servitude.

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Call Your Congressman, Ukraine Has Been Found – Don’t Attack Say Youth

In Elections,War on April 9, 2014 by Robert Burke

While I have covered the constant desire to find new wars around the world, there is an interesting phenomenon arising with the matter of US Intervention with the current state of Ukraine.  I would like to review a few facts on the matter:

1) Crimea Will Formally Apply To Join Russia Tomorrow After 95.5% Support Referendum; US, UK, EU Reject Results 3/16/2014

2) Ukraine Leader In New Leaked Recording: 8 Million Russians In Ukraine “Must Be Killed With Nuclear Weapons” - 3/24/2014

3) Russia Accuses US Mercenaries Of Inciting Civil War In Ukraine - 4/7/2014

Should I be elected Governor of Wisconsin I would begin uniting a vocal group of Governors to bring attention to the fact that those actually paying attention to what is happening in Ukraine are quite happy not to intervene for very good reasons – Russia seems to have the situation under control and the rats are getting desperate.  The Washington Post has the clearest poll coverage why our states need to start standing up to these wars, our kids no longer want to go, and they seem to be more informed than most on where it is an whether we should send them to invade:

Accuracy varies across demographic groups. In general, younger Americans tended to provide more accurate responses than their older counterparts: 27 percent of 18-24 year olds correctly identified Ukraine, compared with 14 percent of 65+ year-olds. Men tended to do better than women, with 20 percent of men correctly identifying Ukraine and 13 percent  of women.

we found that the less accurate our participants were, the more they wanted the U.S. to use force, the greater the threat they saw Russia as posing to U.S. interests, and the more they thought that using force would advance U.S. national security interests;”  (emphasis by ZeroHedge)

So I want to introduce an idea here…If our youth can accurately identify the Ukraine and their opinion to stay out, I say we trust them this time.

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Libertarian Burke Remarks on Democrat Burke’s Jobs Plan

In Economics,Elections,General on March 31, 2014 by Robert Burke

I was excited to be able to read the 40 page piece put out by Mary Burke in her jobs plan as it was a first chance to critically review her work.  What I found was a sincere letter written by Mrs Burke followed by analytical refreshment with tone, pace, and language that does not match Mary Burke.  Why is this important Bob, she has advisors?

Simple, her advisors are clearly writing a political piece tying outcome charts and graphs to needed programs that are ever so critically in need of taxpayer dollars.  Merge that with more central planning and we’ve reached Mary Burke’s Jobs plan.  This reads like a manifesto of everything Screen Shot 2014-03-31 at 10.42.50 AMthe seasonally adjusted BLS can put out without any acknowledgment of the underlying problems.

Let’s talk about Mrs Burke’s assertion that our college grads are leaving the state to find a job.  The situation actually has much more to do with too much money in education than inability to find a job.  Since 2008 our federal government has blown a $1 Trillion dollar student loan bubble in what I believe was an effort to keep young American’s out of the workforce by putting  them in school.  We have a mismatch because too many people got degrees in humanities principally because there was money to study whatever you wanted.  These college students were told there would be jobs galore as there always have been for the system is perfect and works in every way.

Student Loans vs Delinq_0Meanwhile, we need more nurses, doctors, engineers, architects and a few other careers that while offered at UW Madison are impossible to get into, all because of budget constraints we are sure.

Our youth are graduating from college at historic rates and a growing percentage are defaulting on their student loans.  These conditions have sent these children back living with their parents, working at coffee shops with masters degrees, and putting off marriage.  When I talk to college grads they don’t tell they are moving out of state to get a job, they talk about going back to school to get training in something useful.  This mismatch of intention and outcome has resulted in immeasurable waste of human and hard capital, and Screen Shot 2014-03-31 at 10.59.51 AMalthough it feels like the right thing to do, more money for education is not the solution to a problem created by too much money in education.

So where should that capital have gone?  As for the human capital, we over-educate in some and under-educate in certain other areas and employers will tell you that.  We spend so much money ensuring everyone has been exposed to the word Heterozygous, that we ignore the positive outcome when a child pursues their interests and builds on their strengths.  Perhaps our educational paradigm is in need of innovation; the current educational workers over 55_0system is over 200 years old and was an outcome of the industrialization era long since past.  We’re in the technology era now and if we still believe in the motto “Forward,” it’s time to head in a totally new direction.

The hard capital is the tragedy in this story.  In the fight to pursue the American dream the inflation of our educational system has pushed graduating student debt so high as to overload their ability to start new businesses or get a small business loan.  They are literally slaves to a student loan debt that is non-dischargable in bankruptcy, and the red and blue teams plan is to double down.

LTM Loan Breakdown_0Government’s job is not “creating more good-paying jobs and making sure workers have the skills necessary to fill those jobs,” as Mrs Burke puts it.  Government’s job is to ensure fair and honest trade and when fraud occurs commit the resources to go after and prosecute the fraud.  The best jobs plan outside of that is make opening a business and paying taxes as simple in this state as possible.

Mrs Burke finishes her letter declaring that once governor she will, “start working to strengthen Wisconsin’s economy and the middle class.”  The Wisconsin Liberty Coalition’s plan would be first get the government boot off the necks of the poor so they can reach that middle class.

It’s about perspective, and as governor I promise to bring a new view to the problems our state faces.

For the Wisconsin Economic Freedom Plan Click Here.

 

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VBlog: Libertarian Party Plan to Reduce Drunk Driving

In Economics on March 5, 2014 by Robert Burke

FaceBook:

Robert Burke for Governor – Libertarian
Wisconsin Liberty Coalition

YouTube
Wisconsin Liberty Coalition

Official Tweeter
@LibertarianCitizen

 

Libertarian Party Plan to Reduce Drunk Driving     

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VBLOG: Burke, Libertarian for Governor Addresses Heroin and the HOPE Bills

In Economics,Elections,General,War on February 25, 2014 by Robert Burke

In a short five minute video today the Libertarian Candidate for Governor, Robert Burke, outlined a different vision for addressing the heroin problem in Wisconsin.  Among the recommendations were a call to investigate the role of Fast and Furious in the spread of heroin in America, a look at results from Portugal’s decriminalization success, and a look at new treatments not available in Wisconsin due to both state and federal laws.

VBlog: End the War on Drugs
VBlog: Representative Knudson Drug Bill Listening Session Homework

 

http://senatorsheilaharsdorf.areavoices.com/2014/02/21/state-legislature-addresses-heroin-epidemic/

http://www.theblaze.com/stories/2014/01/13/report-the-dea-really-did-strike-a-deal-with-mexicos-most-notorious-deadly-drug-cartel/

http://www.washingtontimes.com/news/2014/feb/10/man-sentenced-30-years-border-agents-death/

http://preventionworksinseattle.blogspot.com/2013/06/prescription-painkiller-abuse-linked-to.html

http://www.cbsnews.com/news/joaquin-el-chapo-guzman-sinaloa-cartel-chief-captured-in-mexico/

http://www.cato.org/publications/commentary/drug-decriminalization-policy-pays

http://stopthedrugwar.org/chronicle/2007/feb/04/feature_conviction_keeps_hurting

http://wuwm.com/post/study-wisconsin-far-and-away-leads-nation-black-male-incarceration

http://senatorsheilaharsdorf.areavoices.com/2014/02/21/state-legislature-addresses-heroin-epidemic/