Author Archives: Paul J DiBartolo

Why Cryptocurrencies? I’ve begun to dabble in the cryptocurrencies so I’m collecting my thoughts here and attempting to explain the phenomenon as I understand it… today. In other words, these views are subject to change as more information becomes available to me, possibly by you. “Bitcoin is not backed by any physical commodity or preciousContinue reading “Volume 1 – Dabbling in the Cryptocurrencies”

Are taxes a zero-sum game? Before we resolve that, let’s consider this… While the Social Security administration originally lied to the American people, stating that each SS contributor was to have an account from where he or she would be issued a check – “The checks will come to you as a right” – thatContinue reading “Are Taxes a Zero-Sum Game?”

Back in June of 1969, I had just graduated from high school. That summer, two large outdoor rock festivals took place, a huge one on Yazgur’s Farm, in Bethel, NY, known as Woodstock, and the forerunner to Woodstock, though much smaller, the Atlantic City Pop Festival at the Atlantic City Race Track in NJ. ThereContinue reading “The Fear of Living”

Let’s talk Federalism, Federalists, and Anti-Federalists. “Federalism is a type of government in which the power is divided between the national government and other governmental units (in our case, states). It contrasts with a unitary government, in which a central authority holds the power, and a confederation, in which states, for example, are clearly dominant (our first attemptContinue reading “Federalism, Federalists, & Anti-Federalists”

Let’s talk about the Bill of Rights. I guess, as a prelude to the discussion of natural, God-given rights and the part that the Government is assigned by the Constitution in such, I need to start with the Ninth Amendment. “The enumeration in the Constitution, of certain rights, shall not be construed to deny orContinue reading “Is the Constitution Still in Effect?”

I, frankly, am tired of hearing politicians and conservatives warning that the Democrats are trying to take away our 2nd Amendment rights. I’m not sure how many times it needs to be said but, the 2nd Amendment doesn’t establish any right. The 2nd Amendment draws attention to the God-given, natural right to keep and bearContinue reading “The 2nd Amendment – a Quick and Dirty Primer”

On, or about, December 18th, 2018, legislation that had been previously signed, six months earlier, by NJ’s Governor Phil Murphy, became law, even though unconstitutional, making any ammunition magazines capable of holding more than 10 rounds of ammunition, illegal to own and hold in New Jersey. Unconstitutional? Yes, I get Governor Murphy’s confusion given heContinue reading “Is a U.S. Gun Ban Realistic?”

Let’s talk Deficits, Debt, and Debt Service. So, quickly… a deficit arises when there is not enough capital to cover the cost of a purchase. There are different ways to deal with the deficit created in this instance, one being the accumulation of debt, via a loan, to cover the shortfall. The payback of theContinue reading “Deficits, Debt, and Debt Service.”

I think the title of The Eight Wonder of the World has been quite overused, at this point, so I am going to skip over it and go right to The Ninth Wonder of the World. Make Sense? This from The Board of Governors of the Federal Reserve System: “The supplementary leverage ratio generally appliesContinue reading “Fractional Banking – the Ninth Wonder of the World”

Back in the day, before this dratted COVID lockdown, and when I was leaving the house in the morning, at least five days a week, to go to work, I still had conversations with people outside of my immediate family. We might disagree but we would each make our point. I would occasionally debate/argue withContinue reading “NewSpeak and the Efforts of the Left to Control Your Thoughts”