tag:blogger.com,1999:blog-83860848612873064462024-02-07T02:50:21.848-05:00Freedom's SquarePERHAPS THE FACT THAT WE HAVE SEEN MILLIONS VOTING THEMSELVES INTO COMPLETE DEPENDENCE ON A TYRANT HAS MADE OUR GENERATION UNDERSTAND THAT TO CHOOSE ONE'S GOVERNMENT IS NOT NECESSARILY TO SECURE FREEDOM. - FRIEDRICH AUGUST VON HAYEKFree Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.comBlogger492125tag:blogger.com,1999:blog-8386084861287306446.post-9164554208224138152011-10-12T21:45:00.000-04:002011-10-12T21:45:10.596-04:00The Second Crisis of Socialism<a href="http://whiskeyandgunpowder.com/the-second-crisis-of-socialism/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+whiskeygunpowder+%28Whiskey+&+Gunpowder%29&utm_content=FaceBook">The Second Crisis of Socialism</a>Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-24619711537812208722011-06-25T21:33:00.000-04:002011-06-25T21:33:39.622-04:00Trader Dan's Market Views: Random Thoughts on the Passing Scene<a href="http://traderdannorcini.blogspot.com/2011/06/random-thoughts-on-passing-scene.html?spref=bl">Trader Dan's Market Views: Random Thoughts on the Passing Scene</a>: "In some private emails I have received some of the writers have expressed fears of a 2008 type meltdown in the precious metals whenever they..."Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-54367182746700208902011-06-15T22:06:00.001-04:002011-06-15T22:08:53.775-04:00RealClearPolitics - True Job Creators Need a Voice<a href="http://www.realclearpolitics.com/articles/2011/06/15/true_job_creators_need_a_voice_110204.html">RealClearPolitics - True Job Creators Need a Voice</a><br />
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Excellent article explaining the pitfalls of government regulation on a new generation of entrepreneurs. The real engine to job recovery is not in Washington and it never has been.Anonymousnoreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-33479451048780602472011-06-14T23:07:00.001-04:002011-06-14T23:10:00.750-04:00Effective GOP Video on State of the EconomyWhile I am becoming more Libertarian, this GOP video is pretty good. Bottom line, the GOP needs to do more than make commercials if they are going to take leadership on this issue.<br />
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<object style="height: 390px; width: 640px;"><param name="movie" value="http://www.youtube.com/v/AfdqCmRlbW0?version=3"><param name="allowFullScreen" value="true"><param name="allowScriptAccess" value="always"><embed src="http://www.youtube.com/v/AfdqCmRlbW0?version=3" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="640" height="390"></object>Anonymousnoreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-59920933995428353152011-06-12T10:11:00.001-04:002011-06-12T10:11:55.333-04:00The Next Financial Crisis by Gary North<a href="http://lewrockwell.com/north/north990.html">The Next Financial Crisis by Gary North</a><br /><br /><div style="text-align: center;"><span style="font-family:Times New Roman, Times, serif;font-size:100%;">The mainstream financial media are running stories on the next financial crisis. This is unheard of two years into a so-called economic recovery. So weak is this recovery that the old pre-2008 confidence has not returned.</span><br /></div>Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-30033699826286970792011-06-12T10:08:00.000-04:002011-06-12T10:08:28.526-04:00The Daily Bell - Jim Rogers: 2008 Was Bad ... Next Time Will Be Worse!<a href="http://www.thedailybell.com/2485/Jim-Rogers-2008-Was-Bad-Next-Time-Will-Be-Worse.html">The Daily Bell - Jim Rogers: 2008 Was Bad ... Next Time Will Be Worse!</a>Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-58401213121994145702011-06-05T19:53:00.000-04:002011-06-05T19:53:33.231-04:00Obama gets an economic jolt - The Washington Post<a href="http://www.washingtonpost.com/politics/obama-gets-an-economic-jolt/2011/06/04/AG5ZjxIH_story.html">Obama gets an economic jolt - The Washington Post</a><br /><br />Obama made a stop in Ohio to focus on the importance of the "private sector" being the lead for starting the economic recovery. In a word, duh - but do not be fooled. Obama will probably use private sector rhetoric as the framework for promoting QE II and III since he believes only the government can light the spark necessary to begin growth. The only thing cheap money will spark is the firestorm of creditors divesting themselves of US bonds.Anonymousnoreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-3346242296278873812011-06-01T17:57:00.001-04:002011-06-01T17:57:36.941-04:00Diminishing Returns<style>
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</style><span style="font-family: Times;">Our nation was founded on the principle of preserving <i>individual</i></span><span style="font-family: Times;"> liberty and <i>individual</i></span><span style="font-family: Times;"> freedoms through a social contract. That vision is eroding. Americans today are being born, not into a social contract, but into social servitude enforced by the power of the Federal Government. Our incomes are routinely raided and private property and personal privacy are empty concepts thrown around in vain attempt to convince ourselves they still exist. </span></div><div class="MsoNormal" style="margin-bottom: 12pt;"><span style="font-family: Times;">I began thinking about writing this post after seeing commercials aired by the Democratic National Committee in response to Congressman Paul Ryan’s legislation to reform healthcare. The commercials depict the elderly or the disabled being murdered by an unidentified white male. The voice-over in the commercial infers that the white male is a Republican, who identifies with Congressman Ryan’s plan, and therefore there is no moral difference between murder and Congressman Ryan’s proposed legislation. Personally, I found the commercials so juvenile that I thought they were part of a comedy sketch. When I discovered the commercials were serious attempt at political dialogue, I wondered why anyone would take anything so devoid of intellectual foundation seriously.</span></div><div class="MsoNormal" style="margin-bottom: 12pt;"><span style="font-family: Times;"> But people are taking the commercials seriously. Congresswoman Debbie Wasserman-Shultz is the head of the Democratic National Committee. Her rhetoric in policy discussions matches the commercials. In short, Ms. Wasserman-Shultz contends that Republicans, i.e. fiscal conservatives, are proposing that, as a nation, we murder the old, the disabled, the weak, and any others who can fit into her narrative of fear. She also has spent time on the road declaring that Republicans are anti-woman – whatever that means. </span></div><div class="MsoNormal" style="margin-bottom: 12pt;"><span style="font-family: Times;">I remember walking to work one day and a mentally unstable individual was standing on a street corner announcing to the world that the US Government, lead by the CIA, was trying to kill him. In my opinion, Ms. Wasserman-Shultz’s rhetoric is the same thing; paranoid and unsubstantiated ramblings about a broadly defined, nefarious group bent on murder. In this case, she is referring to Americans who are advocating for fiscal conservatism and reform of the entitlement state. Her catch phrase is, “they want to end medicare as we know it.” </span></div><div class="MsoNormal" style="margin-bottom: 12pt;"><span style="font-family: Times;">It’s too bad the America “as we knew it” is ending. As a society, we have now placed the State above the individual and have reinforced this ideology through the election of strong, statist advocates. Private property and personal privacy rights are quickly evaporating under the imperator of the “commonwealth” or national security. <i>Kelo v. City of New London</i></span><span style="font-family: Times;"> is a perfect example of private property being “taken” in the name social betterment. <i>Kelo</i></span><span style="font-family: Times;"> is an embarrassing extension of jurisprudential absurdity found in the New Deal era case, <i>Wickard v. Filburn. </i></span><span style="font-family: Times;">In <i>Wickard, </i></span><span style="font-family: Times;">perfectly legal behavior by a private citizen on his own land was supplanted because it ran contrary to the philosophy of the State. </span></div><div class="MsoNormal" style="margin-bottom: 12pt;"><span style="font-family: Times;"></span><span style="font-family: Times;">It is Politicians like Obama and like Debbie Wasserman-Shultz who want Americans to rely on bloated, unaccountable, and poorly administrated government programs for their safety and security. They down play the role of the private sector and cast suspicion on for-profit entities. And anyone who wants to reform or trim entitlement programs is morally equivalent to a murderer. </span></div><div class="MsoNormal" style="margin-bottom: 12pt;"><span style="font-family: Times;"> At some point, by necessity or opportunity, American politicians are going to have to a serious debate on reforming run away spending and entitlements in this country. But don't hold your breath. The votes-for-handouts machine still has some life in it. </span></div><div class="MsoNormal" style="margin-bottom: 12pt;"><span style="font-family: Times;"><br />
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<br />
These words were written in 1995 by Benjamin Netanyahu in his book, "Fighting Terrorism." It has been 16 years since Mr. Netanyahu wrote these words and his book was dead-on about the future of terror, the United States, and a nuclear Iran. It is clear from one sentence that Mr. Netanyahu's life has been about confronting terror and the threat is poses. And his experience with terror is not just professional, it also personal. Mr. Netanyahu lost his brother, Jonathan Netanyahu, during the 1976 raid on Entebbe, Uganda that rescued 103 hostages from military strongman and dictator, Idi Amin.<br />
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So I suppose that is why I could not contain my laughter this week during Netanyahu's visit to the United States. When comparing world leaders on the subject of security, there is no comparison. Obama's understanding of security is what someone else tells him it is. It's academic, sterile, and anecdotal. Obama's resume compared to Netanyahu's on this subject is nothing less than pathetic. I suppose that is why I found it so amusing to try and watch Obama lecture Netanyahu on the need for Israel to return to the 1967 borders. While Obama thought he was being statesmen like, he simply embarrassed himself.<br />
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It is clear Obama had no idea what it meant to tell Israel to return to their 1967 borders or the ramifications that flowed from his demand; it was just another line, in another speech that sounded good at the time. Obama's clear back peddling and tap dancing in his May 22 AIPAC (American Israel Public Affairs Committee) was the culminating event in an embarrassing week of gaffes, blunders, and moronic statements. Of course, on Monday morning the Washington Post will report that Obama's policy convulsion on Israel's borders were either a nuance or a caveat. What a joke.<br />
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From a schadenfreude perspective, 70% of the American Jewish population voted for Obama. So as far as I'm concerned, you got the President you deserve. I don't really care how the AIPAC speech went, since AIPAC relies on Conservatives for providing billions in defense dollars and then votes for Democrats. It is not for you that I support Israel, but for Israelis like Mr. Netanyahu who will wake up tomorrow and face another day of bombs, bullets, and idiotic, uniformed, amateurish American politicians.Anonymousnoreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-84543743877871153312011-05-22T19:19:00.001-04:002011-05-22T19:19:29.181-04:00Victor Sperandeo talks about precious metals and the world economy with James Turk<object height="445" width="540"><param name="movie" value="http://www.youtube.com/v/kOJsj_VlStM?fs=1&hl=en_US"><param name="allowFullScreen" value="true"><param name="allowscriptaccess" value="always"><embed height="445" width="540" src="http://www.youtube.com/v/kOJsj_VlStM?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true"></embed></object><br /><a href="http://www.goldmoney.com/video/trader-vic-interview.html">Victor Sperandeo talks about precious metals and the world economy with James Turk</a>Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com1tag:blogger.com,1999:blog-8386084861287306446.post-6826124824444272392011-05-22T13:06:00.000-04:002011-05-22T13:06:12.438-04:00John Rubino: Get Ready For Accelerating Devaluation of All Fiat Currencies - Blogs at Chris Martenson<a href="http://www.chrismartenson.com/blog/john-rubino-get-ready-all-fiat-currencies-devalue-accelerating-rate/58178">John Rubino: Get Ready For Accelerating Devaluation of All Fiat Currencies - Blogs at Chris Martenson</a><div><br /></div><div><span class="Apple-style-span" style="color: rgb(56, 56, 56); font-family: Arial, Helvetica, sans-serif; font-size: 13px; line-height: 18px; "><p style="padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 14px; margin-left: 0px; "></p><blockquote><p style="padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 14px; margin-left: 0px; ">"What is happening now is we are exporting our inflation to the rest of the world. We are forcing countries like Brazil and China to endure the pain that we should be enduring. Brazil’s interest rates are like 12% right now. China is doing something new every couple of days to scale back bank lending, spending domestically, and everything. They are countries where a big part of the population makes just a few dollars a day. Rising food and energy prices are devastating for these guys. They do not really control the global price of energy and food, yet they have to endure the pain of slowing their economies down and throwing people out of work. Have them have to spend more and more of their money on food and energy so we can keep on borrowing and growing. The government can keep on spending as much as they want to here.</p><p style="padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 14px; margin-left: 0px; ">Clearly that is unsustainable. At some point these countries are going to say “No, we want our currencies to depreciate, too. We want to be able to continue to export to you.” So what we will end up with is sort of like what happened in the Depression. Everybody was trying to cut the value of their currencies at the same time. What that leads to, obviously, is global inflation, instead of just localized inflation where a few countries are debasing their currencies. You have got everybody doing it at once. That is because the US, with the world’s reserve currency, basically controls this process. We have chosen to decrease the value of the dollar dramatically over the next few years. That is going to force the rest of the world to do the same thing or endure a rocketing economy or a rocketing currency value and recession. No elected politician can put up with that.</p></blockquote><p style="padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 14px; margin-left: 0px; "></p></span></div>Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-62270808700683336402011-05-20T23:10:00.000-04:002011-05-20T23:11:12.597-04:00Ron Swanson explains taxes to a young student<object style="height: 390px; width: 640px"><param name="movie" value="http://www.youtube.com/v/wZ7PK9_2eyc?version=3"><param name="allowFullScreen" value="true"><param name="allowScriptAccess" value="always"><embed src="http://www.youtube.com/v/wZ7PK9_2eyc?version=3" type="application/x-shockwave-flash" allowfullscreen="true" allowscriptaccess="always" width="640" height="390"></embed></object><div><br /></div><div>This guy is by far the best character on network television today! </div>Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com5tag:blogger.com,1999:blog-8386084861287306446.post-15912819863489825202011-05-15T20:28:00.004-04:002011-05-15T22:27:18.382-04:00NIA presents "College Conspiracy"Not long ago, it was said that higher education was the path to success. Today, with the average student graduating with $24K in loans subsidized by Uncles Sam, this is no longer the case. Tuition rates continue to skyrocket despite a slowdown in the economy, and return on investment is being called into question.<div><br /></div><div>The video makes some interesting points, however, be aware of some of NIA's self-promotion.<br /> <div><br /></div><div><object style="height: 390px; width: 640px" width="640" height="390"><param name="movie" value="http://www.youtube.com/v/VpZtX32sKVE?version=3"><param name="allowFullScreen" value="true"><param name="allowScriptAccess" value="always"><embed src="http://www.youtube.com/v/VpZtX32sKVE?version=3" type="application/x-shockwave-flash" allowfullscreen="true" allowscriptaccess="always" width="640" height="390"></embed></object></div></div>Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-12097796795270901882011-05-15T19:04:00.000-04:002011-05-15T19:06:49.074-04:00You know it's bad when...<span class="Apple-style-span" style="font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; "><div><span class="Apple-style-span" style="font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; ">From <a href="http://www.zerohedge.com/article/zimbabwe-says-days-us-dollar-are-numbered-pushes-gold-backed-local-currency">Zero Hedge</a>:</span></div><div><span class="Apple-style-span" style="font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; "><br /></span></div>The Central Bank of Zimbabwe is now evaluating introducing a gold-backed Zimbabwean dollar, and, in keeping with the Salvador Dali feel to the past 48 hours, that the "<strong>days of the US dollar as the world's reserve currency are numbered."</strong></span>Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-8131553795512201792011-05-11T20:38:00.000-04:002011-05-13T16:43:41.114-04:00Obama Spiking the Football? <style>
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<div class="MsoNormal">A friend told me a story about legendary college football coach, Joe Paterno. Paterno tell his players, “when you get to the end zone, act like you’ve been there before.” That’s a lesson that Obama should heed. </div><div class="MsoNormal"><br />
</div><div class="MsoNormal">So with Osama dead, Obama has now embarked on his national, “I killed Osama, re-elect me tour!” The sappy, lefty Hollywood types, who once derided Bush for his knuckle dragging tactics, have been oddly silent as Obama goes coast to coast boasting about how, “he” and “I” and “me” was solely responsible for the death of Osama. I credit Michael Moore for not remaining silent on this issue. Of course the SEALS did their part, and we can thank them because Joe Biden blew their cover and gave them all the praise they could never want. However, while Obama is spiking the ball over and over, no one mentions that under Bush 575 soldiers were killed in Afghanistan. Under Obama, 915 soldiers have been killed in Afghanistan ---- Spike the ball again…wait…what? I guess the press will ignore that for the moment because it is not convenient to the re-elect Obama narrative they have set. (Consider the AP's poll showing Obama with a boost in approval ratings to 60 percent. However, if you looked closely, you will notice that the poll has a 17 point slant for Democrats.) </div><div class="MsoNormal"><br />
</div><div class="MsoNormal">It’s hard to imagine Obama as a hawkish, God bless America President unless your memory cuts out at about 15 minutes. I could write about for pages about this, but listen for yourself.</div><div class="MsoNormal"><br />
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</div><div class="MsoNormal">I suppose this administration is happy this peach fell into their lap. This is a close to military service as many of them will ever get. Six months ago the military was a bunch of bigoted homophobes, but now they are superheroes. With the death of Osama, Democrats now get to flex their muscles and talk about their victory in a war they have never supported, fought by men they have disparaged, called war criminals, torturers, and murderers. Obama and friends will now be memorialized in his awkward and staged situation room photo. For aging liberals, this is going to be the new Woodstock and will probably breed a new era of liars… I was there, man!<br />
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I would probably be depressed about all this until I read the following in an email, “Thanking Obama for killing Bin Laden is like going into McDonald's and thanking Ronald McDonald for the hamburger... It's the guy making the burger that should get the credit, not the clown.”</div>Anonymousnoreply@blogger.com4tag:blogger.com,1999:blog-8386084861287306446.post-19113231816794009952011-05-07T13:47:00.000-04:002011-05-07T13:47:40.337-04:00Chimerica's Slippery Slope to Stagflation_English_Caixin<a href="http://english.caing.com/2011-05-06/100256416_4.html">Chimerica's Slippery Slope to Stagflation_English_Caixin</a> - Recommended reading<br /><br />As my friend Free Market points out in his post, "In the end, Osama Wins" a giant welfare and and warefare state are not benchmarks for freedom. This sentiment is echoed by Andy Xie in his article for Caixin online. Mr. Xie writes, " Healthcare, the financial sector and the military industrial complex account for about 30 percent of the U.S. economy – more than twice the levels found in other developed economies, or in the United States three decades ago. This suggests the United States is carrying a 15 percent extra cost to generate the same output. Of course, the economy should be slow. <p>But the U.S. government is trying to simulate the demand side to solve a supply-side problem. That doesn't resolve the problem but instead creates a new one – inflation. No amount of monetary stimulus by the Fed can bring high growth back to the United States, in my view."</p><p>I highly recommend this article for your review.<br /></p><p><br /></p><p><br /></p><p></p>Anonymousnoreply@blogger.com0tag:blogger.com,1999:blog-8386084861287306446.post-80555804785368795372011-05-02T21:04:00.004-04:002011-05-02T21:47:26.150-04:00In the end, Osama winsToday, with the new of Osama bin Laden's death, I noticed a lot of celebrating today on the news channels, in the workplace, and on Facebook. I wasn't one of them; I stayed out of the discussions. Had bin Laden been killed or captured a few years ago, then maybe I'd feel different. Today, I feel nothing.<div><br /></div><div>A decade after 9/11, the U.S. is still fighting in Afghanistan, Iraq, and now Libya. Our deficits are out of control, with our currency rapidly depreciating, along with our economic and civil liberties. What kind "freedoms" are the soldiers fighting for these days? To be groped by the TSA and have the IRS enforcing a new healthcare mandate? It puzzles me that so many of us get caught up in the moment without looking at the big picture. </div><div><br /></div><div>This isn't a victory. And like the unwinnable war on drugs, another leader will rise to take Osama's place with revenge on his mind. <span class="Apple-style-span">Neither a</span> large warfare <span class="Apple-style-span">or welfare</span> state equal<span class="Apple-style-span">s</span> freedom.</div>Free Markethttp://www.blogger.com/profile/13265217487170530752noreply@blogger.com3tag:blogger.com,1999:blog-8386084861287306446.post-10979146805362548262011-05-01T18:32:00.000-04:002011-05-01T18:32:14.313-04:00Federal Revenue and Spending: Budget Chart Book<a href="http://www.heritage.org/budgetchartbook/?utm_source=Homepage&utm_medium=Carousel&utm_campaign=Heritage">Federal Revenue and Spending: Budget Chart Book</a><br /><br />Recommended for those of you who like charts.Anonymousnoreply@blogger.com0