I was recently made aware that the new Michael Moore movie Capitalism: A Love Story closes with a list of “rights” as stated by the fascist Franklin Delano Roosevelt, following: The right to a useful and remunerative job in the industries or shops or farms or mines of the nation; The right to earn enough [...]
This is a long overdue follow-up to my post The People Have Spoken in which I noted that the masses were motivated to call and write their “representatives” to oppose Bailout Round One, and despite their activism, the congress went ahead and approved the bailout anyway. Millions of people took action to participate in the [...]
I don’t often get involved in a debate over gun rights because, frankly, I don’t care. I will own guns whether the government “decides” it is my right or not, and I don’t care to get involved in an effort to beg the government to leave my rights alone. However, the other day an acquaintance [...]
The February 16, 2009 issue of Newsweek indicates all that is wrong with the old dinosaur mainstream media. The article is devoid of any economic theory, nor even a premise other than that socialism is inevitable and, what the heck, we might as well embrace it because “since neither consumers nor business is likely to [...]
I’ve been studying the Austrian School of Economics for some time now, and I am proud to have finally found a home. In the business and management world, Dr. Deming taught that without proper theory, one has no sound basis for action. Without theory, one finds themselves endlessly reacting to events that occur around them, [...]
This is a statement that I wish those who advocate the free market used more often: I Don’t Know the Answer. Those who argue for the State often challenge those of us who are against the State to pose our alternative. Pick your scenario, it doesn’t matter: How would we provide “xxx” without the State? [...]
In order to have a clear understanding of rights, one must first understand the concept of property. Questions of “right” can be easily sorted out when approached from the perspective of property. Most envision a piece of land when thinking about property, but this is too narrow a definition. Property begins with self ownership. As [...]
Election day, 2008: I don’t think I’ve ever voted Democrat or Republican in a general election – maybe sometime in the past, I’m not sure, but for the most part I’ve always voted third party. This time around, I made a different choice: I chose not to vote. I chose not to vote for the [...]
And their elected “representatives” have ignored them, and have done what they planned to do all along. Today, the congress passed the massive bailout bill, the biggest ripoff in American history next to its causal predecessor, the Federal Reserve Act of 1913. Last week, a reluctant House of Representatives voted down the bailout bill after [...]
The title of this post is also the title of Chapter 3 of G. Edward Griffin’s book The Creature from Jekyll Island. The creature he refers to is the Federal Reserve System. If you want to understand the root cause of this bailout, you need to understand the Federal Reserve System. It is nothing more [...]