Hello Jito463,
I found a preference to disable subtitles by default, see the following pic prepared with Vlc 1.1.1 :
http://img291.imageshack.us/img291/5251 ... titles.jpg
Tools => Preferences => Show Settings (tick All) => Video => Subtitles/Osd => Enable sub-pictures (UNticked) => Save Pref
Then each time you launch VLC, it will default to disabling Subtitles

But...as soon as you will need to display any subtitle, you'll have to do this all again and tick "Enable sub-pictures"
It seems that unticking "Enable sub-pictures" superseeds Video menu => Subtitles Track => Tick any subtitle.
I wasn't able to display any subtitle ticked in the Video menu, as soon as "Enable sub-pictures" is unticked in Preferences.