Peter Schiff on CNBC 12/29/10

Thursday, December 30, 2010


State Lawlessness on the Rampage

Tuesday, December 28, 2010


The year 2011 will bring Americans a larger and more intrusive police state, more unemployment and home foreclosures, no economic recovery, more disregard by the US government of US law, international law, the Constitution, and truth, more suspicion and distrust from allies, more hostility from the rest of the world, and new heights of media sycophancy.

2011 is shaping up as a brutal year for American democracy. The Republican Party has degenerated into a party of Brownshirts, and voter frustrations with the worsening economic crisis and military occupations gone awry are likely to bring Republicans to power in 2012. With them would come their doctrines of executive primacy over Congress, the judiciary, law, and the Constitution and America’s rightful hegemony over the world.

If not already obvious, 2010 has made clear that the US government does not care a whit for the opinions of citizens. The TSA is unequivocal that it will reach no accommodation with Americans other than the violations of their persons that it imposes by its unaccountable power. As for public opposition to war, the Associated Press reported on December 16 that “Defense Secretary Robert Gates says the U.S. can’t let public opinion sway its commitment to Afghanistan.” Gates stated bluntly what has been known for some time: the idea is passe that government in a democracy serves the will of the people. If this quaint notion is still found in civics books, it will soon be edited out.

In Gag Rule, a masterful account of the suppression of dissent and the stifling of democracy, Lewis H. Lapham writes that candor is a necessary virtue if democracies are to survive their follies and crimes. But where in America today can candor be found? Certainly not in the councils of government. Attorney General John Ashcroft complained of candor-mongers to the Senate Judiciary Committee. Americans who insist on speaking their minds, Ashcroft declared, “scare people with phantoms of lost liberty,” “aid terrorists,” diminish our resolve,” and “give ammunition to America’s enemies.”

As the Department of Justice (sic) sees it, when the ACLU defends habeas corpus it is defending the ability of terrorists to blow up Americans, and when the ACLU defends the First Amendment it is defending exposures of the lies and deceptions that are the necessary scaffolding for the government’s pretense that it is doing God’s will while Satan speaks through the voices of dissent.

Read more: Here


Rapidly declining inventories setting up massive price inflation?

Sunday, December 26, 2010

Above: The price increases for both silver and gold in terms of Marks during hyperinflation in Weimar Germany

Source: Here


Was Jesus Christ, Libertarian?

“Then the scribes and the Pharisees brought a woman who had been caught in adultery and made her stand in the middle. They said to him, "Teacher, this woman was caught in the very act of committing adultery. Now in the law, Moses commanded us to stone such women. So what do you say?" They said this to test him, so that they could have some charge to bring against him. Jesus bent down and began to write on the ground with his finger. But when they continued asking him, he straightened up and said to them, "Let the one among you who is without sin be the first to throw a stone at her." Again he bent down and wrote on the ground. And in response, they went away one by one, beginning with the elders. So he was left alone with the woman before him. Then Jesus straightened up and said to her, "Woman, where are they? Has no one condemned you?" She replied, "No one, sir." Then Jesus said, "Neither do I condemn you. Go, (and) from now on do not sin anymore." (John 8: 3–11)

As we approach the new year with conservatism again ascendant in the political sphere, this story of Jesus’ uncompromising libertarianism seems even more timely than stories of his birth, despite the approach of his celebrated birthday. Nowhere does Jesus admonish “social conservatives” more harshly.

There is an important distinction here. By “social conservative,” I do not mean anyone who disapproves of certain human behavior. The freedom to follow the dictates of one’s conscience was the first inalienable right recognized by the founders of our nation. If one truly believes that homosexuality, adultery, or other “non-conservative” behavior violates the laws of God, it is that person’s inalienable right to disapprove of it, even to voice his disapproval of it, regardless of the anguished cries of the political correctness lobby on the left.

However, no one has a right to use violence against those who engage in behavior that does not harm another person, regardless of whether or not that behavior violates the laws of God. Since all laws are enforced under the threat of violence (as this story also makes wonderfully clear), Jesus makes it clear in this passage that it is not for men to enforce the laws of God. With the exception of cases in which one human being has harmed another, the right to punish the behavior of others is reserved for God.

It is important to recognize that Jesus does not condone the sin that the anonymous woman has committed. When he has shamed away the mob who would have stoned her, Jesus commands her to sin no more. Neither does he insinuate that her behavior might not have consequences for her soul. With flawless libertarian reasoning, Jesus teaches us the true meaning of freedom: that God grants us the liberty to do as we wish, even to reject him and his laws, but that we also bear the full consequences of our actions. If we harm another person, then we are subject to the laws of men. However, it is for each individual to determine the will of God according to his conscience and to choose whether to act accordingly or not. There never has been nor can there ever be any body of corruptible men who can save an individual’s soul.

This is by no means the only place in the gospels that Jesus teaches us this lesson. His entire public ministry was one admonishment of the hypocritical, socially conservative theocracy after another. Indeed, it is the Jewish state that is Jesus’ chief antagonist throughout the gospels. He is noticeably disinterested in the more secular Roman government, despite its tyranny over his people. While he certainly doesn’t approve of the Romans, he has no interest in political revolution. As Jesus tells Pilate, “my kingdom is not of this world.” (John 18:36). However, his own government does not merely commit secular, political oppression against its people. It usurps the authority of God and attempts to judge in his place. For this, Jesus constantly lets loose his most venomous admonishments.

Read more: Here


NSC Study Shows You are More Likely to Killed By a Cop Than a Terrorist

Thursday, December 23, 2010

See this video as an example

After 9/11, the fear of another attack on U.S. soil cleanly supplanted the fear of having one`s penis chopped off by a vengeful lover in the pantheon of irrational American fears.

While we`re constantly being told that another attack is imminent and that radical Islamic fundamentalists are two steps away from establishing a caliphate in Branson, Missouri, just how close are they? How do the odds of dying in a terrorist attack stack up against the odds of dying in other unfortunate situations?

The following ratios were compiled using data from 2004 National Safety Council Estimates, a report based on data from The National Center for Health Statistics and the U.S. Census Bureau. In addition, 2003 mortality data from the Center for Disease Control was used.

-- You are 17,600 times more likely to die from heart disease than from a terrorist attack

-- You are 12,571 times more likely to die from cancer than from a terrorist attack

-- You are 11,000 times more likely to die in an airplane accident than from a terrorist plot involving an airplane

Read more: Here


Awaiting the Storm by Fred Reed

Monday, December 20, 2010

Flags. These are always a bad sign. Hardly a politician appears on television who doesn’t stand in front of an American flag, sometimes three American flags. A venomous nationalism now poisons the air, and grows. We are off and rolling.

The trappings of fascism spread. General David Petraeus, commander of the Eastern Front, poses with the President in the White House in combat fatigues. The country is now the Homeland, reminiscent of the Nazi Fatherland and the Soviet Motherland. We hear of American Exceptionalism, the ritual self-idolization beloved of pathological nationalism. Blood and Soil. The American Dream. Ubermenschen. All we need is a short Austrian.

We may get one. The times ripen for a man on a horse. (Or perhaps a woman: Twitler of Alaska looms.) An ignorant population, unread, unfamiliar with the outside world, focuses its anxieties on troubling dark things lurking abroad, the brown hordes from the south, the rising Chinese, inexplicable Moslems who want to kill all Christians. Sooner rather than later such a mob finds solace in an angry unity. From an unhappy lower middle-class spring Brown Shirts. Wait.

Things come together: Falling standards of living across a country in irremediable decline, diminishing expectations, growing anger in search of focus, a sense of a birthright being stolen as preeminence drifts across the Pacific. Here is fertile soil for some strange crop not yet clearly seen.

It will play out against a backdrop of totalitarian watchfulness all too imaginable. A digital world lends itself to tyranny, making it, I think, inescapable. For practical purposes, the capacity to store data is infinite, to network it across the world, to track, to scan, to watch. This is not the place for a disquisition on the technology of surveillance. Just note that the machinery exists for a totalitarian watchfulness beyond Stalin’s wettest dreams. The government wants this, pushes for it daily, and gets it. You can’t spend a dollar, take a flight, or send an e-mail without a federal office watching. It is getting worse and cannot be stopped. Surveillance is too easy.

We will be told, are being told, that to be safe we must submit, that enemies within and without are upon us, that terrorists spawn plots everywhere. Where communists once hid in every closet and the House Un-American Activities Committee, HUAC, hunted them, now we have Islamo-terrorists hunted by Homeland Security.

What matter civil rights when the Moslem is at our throats? The price of liberty is eternal vigilance, and the vigilance ends liberty.

Hysteria darkly flowers. Homeland Security now wants to train us in how to react to a nuclear attack, à la 1950. Scare’m, keep’em scared, tell them you are protecting them, and they will kiss your boots. An Australian publishes embarrassing cable traffic from American embassies, and politicians call for him to be killed by the CIA. The agency is revered as a sort of clandestine Batman and Robin, defending America secretly where evil swirls in the coming night. Kill, kill. On subways we are told to watch each other, to report curious behavior to the authorities. Nothing can stop this.

Constitutionality becomes a fading memory. Random searches in train stations, genital examinations in airports, the decline of habeas corpus, the evasion of the duty of Congress to declare wars, on and on. The government does what it wants. There is no recourse. We are told that it is to make us safe. I haven’t asked to be made safe.

The genius of American politics is to espouse democracy while keeping political power from the people. The trick is to have barely distinguishable candidates for the presidency who carefully avoid mention of substance – the wars, for example, or affirmative action, guns, abortion. These elections, if so they be, allow people to wave placards, roar invective about throwing the rascals out and returning to traditional American etc. The dust settles and things remain as they were.

Governance does not rest with the people. Today, decree replaces legislation, and must, for our safety. If Homeland Security says you must go through a CAT scan, naked, and singing the Star Spangled Banner, then you have to do it. There is no recourse. You can unelect an elected official, but there is no way to get at a bureaucrat. If you do not submit, you go to jail.

Shortly we will hear the death rattle of free expression. No government sees an advantage to itself in a free press, though countries with decent governments feel much less threatened. Our government fears nothing more.

America has a carefully controlled press that appears free because it is not explicitly controlled by the government. But the real power in America rests with the big corporations and their lobbies, with Wall Street, whose personnel move in and out of the formal government at will. All of the traditional media, radio, newspapers, and television, are owned by large corporations. How curious that they do not question large corporations.

Read More: Here


Opinion: You Might Be Committing a Federal Crime

Friday, December 17, 2010

(Dec. 17) -- Here's one proposition not up for partisan debate: America is woefully overcriminalized, and the criminal law is woefully overfederalized.

Today there are nearly 4,500 federal criminal laws on the books, and most of them have been added in just the last few decades.

A groundbreaking, nonpartisan study conducted this year by the National Association of Criminal Defense Lawyers and the Heritage Foundation revealed that many of these laws lack even the most basic protection: an adequate criminal intent requirement. That means Americans can be convicted and thrown in prison for doing something -- actually, one of thousands of seemingly innocuous things -- they had no idea was against the law.

This overcriminalization has real-world consequences. Throwing in prison people who didn't intend to break the law, or who violated laws that shouldn't be crimes in the first place, imposes an unnecessary burden on taxpayers to pay for their senseless incarceration. This would never be a good use of taxpayers' funds, and it makes even less sense given our current staggering deficits.

Then there are the impacts on individuals and businesses, which are challenged every day to try to figure out what conduct is legal, what is punishable criminally and what some of these laws even mean. Their liberty and their property are at stake. Is this the American way?

This fall, the U.S. House of Representatives Subcommittee on Crime, Terrorism and Homeland Security held a hearing, to a standing-room-only crowd, exploring the problem of overcriminalization and possible solutions. Ranking member Louie Gohmert, R-Texas, was visibly moved by the compelling testimony of expert witnesses and actual victims who relayed horrific stories of lost property -- and years spent in jail -- for completely innocuous actions they had no way of knowing were illegal.

Read More: Here


Rolling porno scan vans?

Sunday, December 12, 2010


Grandma Got Molested At The Airport


Airport Insecurity Persists

Saturday, December 11, 2010


Ron Paul: America Is The Biggest Counterfeit Machine In The History Of The World

Tuesday, December 7, 2010

Ron Paul told Morning Joe this morning that he is "heartened" to see that the Debt Commission embraced his and Barney Frank's call to at least look into spending cuts in the military but even that does not totally reassure him because you "need to change the policy, you can't quit one weapons system and think that's a solution if you still want to be policemen of the world."

Said Joe Scarborough: "Republicans who claim to be small deficit hawks want to stay in Afghanistan for another decade, want to continue everyone of these weapons systems. We can't balance this budget. We can't sustain ourselves fiscally if we keep spending money on these two wars."

Meanwhile, Paul thinks you could take $10 billion from building embassies and bases and but $5 billion of it into medical or unemployment benefits "to tide us over" and "put $5 billion against the deficit."

Read more:


Obama White House pressured Spain to drop Bush torture prosecution

Thursday, December 2, 2010

By Daniel Tencer
Wednesday, December 1st, 2010 -- 10:42 pm

Obama White House pressured Spain to drop Bush torture prosecution, leaked cable shows.

The Obama administration went to the mat to defend its predecessors from a torture prosecution in Spain last year, a leaked State Department cable shows.

The cable, released by WikiLeaks this week, shows that senior US diplomats teamed with Republican lawmakers -- including a former Republican Party chairman -- to put pressure on Spanish officials to drop a criminal investigation into the Bush administration's use of "enhanced interrogation techniques."

In the spring of 2009, Spanish Judge Balthasar Garzon launched an inquiry into six Bush officials linked to the torture policy. They were then-Attorney General Alberto Gonzales; Cheney adviser David Addington; Pentagon lawyer William Haynes; Pentagon official Douglas Feith; and Jay Bybee and John Yoo from the Office of Legal Counsel.

Read More: Here


TSA Breast Milk Screening Harassment Updated

Tuesday, November 30, 2010


Local TSA Agent Speaks Out On Pat-Downs

PITTSBURGH (KDKA) — Passengers may be unhappy over long lines and enhanced security at the airports, but it’s a feeling shared by many at TSA.

“There’s a lot more tension both by officers, fellow officers, and passengers,” one Pittsburgh TSA officer told KDKA’s Jon Delano in an exclusive interview.

TSA officers don’t like the new aggressive pat-downs of passengers either.

“I truly feel that it is morally and ethically wrong to do it,” the agent noted. “This does not make flying safer. It’s just taking away American citizens rights.”

And all the horror stories at other airports only make things worse.

“Everybody shudders when they hear that because they know that is not what we’re supposed to be doing,” the agent said.

Read More: Here


POLICE STATE - TSA, Homeland Security & Tampa Police Set Up Nazi Checkpoints At Bus Stations


Proof of Airport Fraud


UKIP Nigel Farage MEP on the Irish Crisis - November 2010

Thursday, November 25, 2010


DHS & TSA: making a list, checking it twice

Wednesday, November 24, 2010

By Douglas J. Hagmann, Director

23 November 2010: Following the publication of my article titled “Gate Rape of America,” I was contacted by a source within the DHS who is troubled by the terminology and content of an internal memo reportedly issued yesterday at the hand of DHS Secretary Janet Napolitano. Indeed, both the terminology and content contained in the document are troubling. The dissemination of the document itself is restricted by virtue of its classification, which prohibits any manner of public release. While the document cannot be posted or published, the more salient points are revealed here.

The memo, which actually takes the form of an administrative directive, appears to be the product of undated but recent high level meetings between Napolitano, John Pistole, head of the Transportation Security Administration (TSA),and one or more of Obama’s national security advisors. This document officially addresses those who are opposed to, or engaged in the disruption of the implementation of the enhanced airport screening procedures as “domestic extremists.”

The introductory paragraph of the multipage document states that it is issued “in response to the growing public backlash against enhanced TSA security screening procedures and the agents conducting the screening process.” Implicit within the same section is that the recently enhanced security screening procedures implemented at U.S. airports, and the measures to be taken in response to the negative public backlash as detailed [in this directive], have the full support of the President. In other words, Obama not only endorses the enhanced security screening, but the measures outlined in this directive to be taken in response to public objections.

Read more: Here


TSA Gropers Prone To Predatory Criminal Behavior

Deviants, perverts and rapists are attracted to airport pat down jobs

Paul Joseph Watson
Wednesday, November 24, 2010

News that a TSA employee abducted a woman before sexually assaulting her is just the latest example of how TSA workers are prone to criminal and predatory behavior particularly targeting women and children, emphasizing once again why they are attracted to jobs that allow them to sexually molest and ogle vulnerable members of society.

“A TSA employee based at Atlanta’s Hartsfield-Jackson International Airport tried to kill himself after allegedly abducting a woman, sexually assaulting her then giving her a suicide note to deliver,” reports the Atlanta Journal-Constitution.

49-year-old Randall Scott King kidnapped the woman after she had accompanied him from the airport. Whether or not King abused his power as a TSA officer to make the woman accompany him is still being investigated by police.

The story arrives on the same day as another incident highlighting once again how TSA workers transfer their predatory sexual behavior from their private lives to their jobs.

A young woman with ample breasts was targeted by TSA workers for extra screening after they ogled her body.

“It was pretty obvious. One of the guys that was staring me up and down was the one who pulled me over,” said Eliana Sutherland. “Not a comfortable feeling.”

Working in airport security seems to attract perverts, rapists and pedophiles because it gives them legitimate cover through which to exercise their deviancy. Indeed, a prank caller who pretended to be a sex pervert phoned the TSA about applying for a job and was treated seriously by a TSA staffer.

Read more: Here


The time is now to push back on Porno-scanners!

Tuesday, November 16, 2010

There is a quickly growing wave of opposition to the Constitutionally illegal "porno scanners", the time is now to voice opposition in every and any way possible. Email, phone calls, letters to the airlines, letters to hotels, theme parks, etc. If we don't overturn this now, it will get worse.

Lawmakers in New Jersey Attempt to Ban Full Body Scanners

TSA Screener Accosting 3 Year Old Child at Security Checkpoint

Amid airport anger, GOP takes aim at screening

Coming Soon to an Airport Near You: Prison-style strip searches?

One Hundred Naked Citizens: One Hundred Leaked Body Scans

Judge Andrew Napolitano talks about Airport Naked Body Scanners


Greenspan: High deficits could spark bond crisis

Monday, November 15, 2010

WASHINGTON (Reuters) – The United States must move to rein in its massive budget deficits or it faces the risk of a bond market crisis, former Federal Reserve Chairman Alan Greenspan said on Sunday.

"We've got to resolve this issue before it gets forced upon us," Greenspan said of the ballooning U.S. debt levels.

He spoke as a panel, chaired by former White House chief of staff Erskine Bowles and former Senator Alan Simpson, is due to deliver a report on debt and deficits by December 1.

A draft report made public last week offered a series of politically tough tax and spending choices that would seek to reduce the debt by $4 trillion by 2020.

The suggestions received a lukewarm reception from some politicians and outright condemnation by others, including House of Representatives Speaker Nancy Pelosi, who pronounced the ideas "simply unacceptable."

Read more: Here


Paying To Be Raped

Saturday, November 13, 2010

Every single day millions of us are being subjected to the shameful processes of being searched, screened and viewed naked, patted, groped, fondled, poked and stroked by badge-wearing strangers – police under a different name. Every single day. Millions of us, Americans. Being violated. Being degraded. You know exactly what I am talking about. I am taking about me, you, your mother, her brother, his brother’s wife and toddler son, their grandmothers. I am talking about the systematic degradation of our people. I am talking about being raped of our dignity, privacy, and decency. I am talking about a daily systematic rape we actually pay to be subjected to. I am talking about severe violations we elect people to bring upon us. Yes, I am talking about traveling, TSA police, and being reduced to naked and helpless subjects of government police practices.

Considering its short tenure, the motherland police force, aka Department of Homeland Security, has had a one-of-a-kind success. In less than a decade it is now the third largest cabinet police department. It has around 200,000 employees, and that’s without counting contract employees – which exceed this number. Now remember, we still have the FBI, CIA, NSA, DIA…plus all the other state and local police forces from before. TSA makes up over 60,000 of DHS employees. This 60,000 federal police force oversees 450 airports, so that makes it around 133 police per airport. And that’s in addition to local airport police.

What do I mean by not so gradual and systematic degradation? I mean in less than ten years, they went from this:

Read more: here


A scary Halloween movie

Sunday, October 31, 2010


BJ Lawson ad, narrated by Morgan Freeman


Why Can't Chuck Get His Business Off the Ground?

Saturday, October 30, 2010


Jim Rogers on Freedom Watch 10/16/10

Monday, October 18, 2010


Stossel: Freer Is Better

Wednesday, October 13, 2010

The 2010 Index of Economic Freedom lowers the ranking of the United States to eighth out of 179 nations -- behind Canada! A year ago, it ranked sixth, ahead of Canada.
Don't say it's Barack Obama's fault. Half the data used in the index is from George W. Bush's final six months in office. This is a bipartisan problem.
For the past 16 years, the index has ranked the world's countries on the basis of their economic freedom -- or lack thereof. Ten criteria are used: freedoms related to business, trade, fiscal matters, monetary matters, investment, finance, labor, government spending, property rights and freedom from corruption.
The top 10 countries are: Hong Kong, Singapore, Australia, New Zealand, Ireland, Switzerland, Canada, the United States, Denmark and Chile.
The bottom 10: Republic of Congo, Solomon Islands, Turkmenistan, Democratic Republic of Congo, Libya, Venezuela, Burma, Eritrea, Cuba, Zimbabwe and North Korea.
The index demonstrates what we libertarians have long said: Economic freedom leads to prosperity. Also, the best places to live and fastest-growing economies are among the freest, and vice versa. A society will be materially well off to the extent its people have the liberty to acquire property, start businesses, and trade in a secure legal and political environment.

Read More: Here


George Carlin, saving the planet.

Wednesday, October 6, 2010


$5,000 Gold Bandwagon Now Includes These 65 Analysts – Got Gold?

Tuesday, October 5, 2010

The small group of gold enthusiasts who started out few in numbers a few years back has made a parabolic move over the past year or so much like their projections for the future price of gold. They now number an unbelievable 108 who have stated, with sound reasons in their opinions, why gold could quite possibly go to a parabolic top of at least $2,500 an ounce – to even as much as an unimaginable $15,000 – before the bubble finally pops! In fact, the majority (65) maintain that $5,000 or more for gold is likely.
In this article I identify the economists, academics, analysts and financial writers who hold such a lofty opinion of the prospects for gold and provide the URLs of their articles so you can ascertain for yourself their logic for such parabolic moves in the years to come.
(Please note: This is a one-of-a-kind article which no doubt will get a great deal of attention and be posted on a large number of other financial sites and blogs. This is encouraged but to avoid copyright infringement the author’s name must be included with a hyperlink to the original article.)
Higher than $10,000
1. Mike Maloney: $15,000;
2. Ben Davies: $10,000 – $15,000;
3. Howard Katz: $14,000; &redirect=False
4. Dr. Jeffrey Lewis: $7,000 – $14,000;
5. Jim Rickards: $4,000 – $11,000;
6. Roland Watson: $10,800 (in our lifetime);
$5,000 – $10,000
1. Bob Kirtley: $10,000 (by 2011);
2. Arnold Bock: $10,000 (by 2012);
3. Porter Stansberry: $10,000 (by 2012);
4. Tom Fischer: $10,000;
5. Shayne McGuire: $10,000;
6. Eric Hommelberg: $10,000;
7. Anonymous: $6,410 – $10,000 (by 2012-2016);
8. David Petch; $6,000 – $10,000;
9. Gerald Celente: $6,000 – $10,000;
10. Egon von Greyerz: $6,000 – $10,000; utm_source=subscriber&utm_medium=rss&utm_campaign=rss
11. Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);

Read More: Here


Angle: Republicans Have ‘Lost Their Standards’ and ‘Their Principles’

In private, Sharron Angle may be as bold and brash as she is in public. An audio recording has emerged of the Nevada GOP Senate candidate criticizing the Republican establishment during a meeting with third-part rival Scott Ashjian and his allies.
“The Republicans have lost their standards, they’ve lost their principles,” Angle said in a thirty-eight minute audio recording obtained by the Las Vegas Sun. “Really that’s why the machine in the Republican Party is fighting against me… They have never really gone along with lower taxes and less government.”
According to HuffPo, Angle goes on to make a biblical comparison:

“You gotta get my armor off and let me pick up this sling,” she said drawing a comparison between her fight and that of David and Goliath. “That’s exactly where I am right now, is trying to get them to leave me alone for long enough so I can get my sling and go after this guy. There are just these issues.”
Read more: Here


The Fascists just won't stop the dehumanizing.........globally

Wednesday, September 29, 2010

Janet Napolitano Urges "Next Stage" of Airport Screening

Homeland Security Secretary Janet Napolitano will urge 90 nations to heighten their aviation security measures today to include screening devices that could prevent terrorist from bringing plastic- or powder-based explosives onto the plane, according to USA Today.

Citing the inability of metal detectors to recognize unconventional explosives, Napolitano will emphasize the need to use advanced innovations such as body scanners to step up security processes at a Montreal meeting of the International Civil Aviation Organization (ICAO).

"We need to move to the next stage of screening," Napolitano told USA Today, adding that terrorists "have kind of figured out the magnetometer business."

ICAO Secretary General Raymond Benjamin told the newspaper that his organization - a United Nations arm responsible for determining international aviation standards - considered the matter "of the utmost significance."

Read More: Here


Peter Schiff - MSNBC Sept. 16 2010

Monday, September 20, 2010


Lunatics to the Left, Lunatics to the Right, and Not a Drop to Drink

God. Oh God. Oh God, God, God. It is getting worse. Maybe I’ll take cyanide.

I find this inspiriting headline polluting my inbox like rotting road-kill. It's from Broward County, Florida:

“Child Still Expelled for Toy Gun – a Year Later Parents want their child back in school. School board says no way.”

See? Florida collectively is out of its tiny little mind. What if this crepuscular pathology spreads to other countries? Or planets?

“School board officials said the rules are quite clear and that the toy gun constituted a weapon.”

Me, I figure the school-board officials constitute a pack of priggish low-Board simians who ought to be swinging in trees instead of trying to run a school. But then, I’m a curmudgeon.

Think about it. Kid – he’s eight – shows up with toy gun after watching 12,000 hours of shoot’em-ups on the lobotomy box, Luke Skywalker blasting funny-looking milkmen like a pretty little mollycoddle turned psychopath. Kid sees war coverage with heroic GIs in Afghanistan killing anybody they can see. He watches recruiting ads for the Marines, who carry guns and want A Few Good Persons. Why would he possibly be interested in a toy gun?

And why would nominal adults, even the barely educated variety characteristically found on school boards, want to wreck the kid’s life? Actually of course it is passive aggression, an attack on the tyke, said attack masquerading, or perhaps marauding is the better word, as high moral endeavor. See, they’re protecting Western Civilization.

The US these days rolls in passive aggression. The country grows daily more mean-spirited, more wrapped in a miasma of diffuse anger, but you still can’t just go up to a child and hit him with a ball bat, or throw acid in his face. No. Instead you find a smugly righteous way to set him back two years in school, thus making him into a guaranteed social misfit. How very…I don’t think “intelligent” is an adequate word. Perhaps “sublime” is better. Or “supernal.”

As tensions grow in America, as divisions flourish, and the nation leads up to something unseen but ugly, prissy vindictiveness and moral sadism become normal. We have become a gotcha culture, watchful for transgressions meaningless but forbidden, so that we can make the malfeasor squirm. How we enjoy the squirming, the writhing on camera, the heavy punishments inflected for nothing.

Read More: Here


UK Proposes All Paychecks Go to the State First

The UK's tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer.

Big Ben & London Eye
Sharon Lorimer
The proposal by Her Majesty's Revenue and Customs (HMRC) stresses the need for employers to provide real-time information to the government so that it can monitor all payments and make a better assessment of whether the correct tax is being paid.

Currently employers withhold tax and pay the government, providing information at the end of the year, a system know as Pay as You Earn (PAYE). There is no option for those employees to refuse withholding and individually file a tax return at the end of the year.

If the real-time information plan works, it further proposes that employers hand over employee salaries to the government first.

"The next step could be to use (real-time) information as the basis for centralizing the calculation and deduction of tax," HMRC said in a July discussion paper.

HMRC described the plan as "radical" as it would be a huge change from the current system that has been largely unchanged for 66 years.

Read more: Here


The Southern Avenger: Government Intervention, Left and Right

Tuesday, September 14, 2010


Communism for Conservatives

Monday, September 6, 2010

Three of the ten planks of the Communist Manifesto (1848) are still universally accepted.

2. A heavy progressive or graduated income tax. 5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.
10. Free education for all children in public schools. Abolition of children's factory labor in its present form. Combination of education with industrial production, etc.
The ten planks were supposed to be the means of ushering in the classless society of Communism. The next sentence after plank #10 revealed the utopianism of Marxism.
When, in the course of development, class distinctions have disappeared, and all production has been concentrated in the hands of a vast association of the whole nation, the public power will lose its political character.
Classes did not go away in the Communist paradises. There were the haves and the have-nots. The basis of access into the minority class of the haves was through membership in the Communist Party.
The state never went away. It got stronger and more demanding. It became more pervasive.
Today, the Communist paradises are gone, except for Cuba and North Korea. They have all officially abandoned Communism as an ideology. Yet they all maintain their commitment to the three planks. Why? Because these three planks constitute the Promised Land of the entire world. There is no nation in which these three planks are not operative, at least on paper.
There is no nation that funds itself exclusively by some version of a flat tax: the same tax rate for all taxpayers. Every nation has a graduated income tax. Some are more graduated ("progressive") than others. The Scandinavian nations are at the high end. The United States is at the low end. But the top rates are all at least 40%. This, by the way, is twice the rate of the 20% flat tax that the Pharaoh imposed on Egypt (Genesis 47:24). Egypt, let us not forget, was the archetype of tyranny for the Israelites. God told them that 10% is tyrannical (I Sam. 8:14, 17). To get back to Israel's tyranny, tax rates would have to be cut by at least 75%. But Americans think of themselves as living in the land of the free.
Central banks are all officially state banks. There may be some degree of private ownership, but officially the final jurisdiction is in the hands of the national governments. This may be a contrived illusion for the sake of the voters, but these institutions do derive their power from special legislation from the national governments, or, in the case of the European Central Bank, the European Union. No central bank can survive apart from a grant of monopoly privilege by the supreme civil government.
Tax-funded educational systems are universal. The vast majority of all students are taught in these schools. In most European nations, attendance is compulsory. Only in the last 25 years have home schooling families in the United States gained a semblance of liberty from the local school boards. Some states remain tyrannical. The Home School Legal Defense Association still has lots of families to defend.

Read more: Here


Republican Tea Party Organization Reports Death Threats

Saturday, August 28, 2010

Corporate media generated and whipped up hysteria and hatred directed at the Tea Party movement has resulted in death threats, according to GOP Majority Leader Dick Armey’s FreedomWorks. Adam Brandon told U.S.News & World Report that Armey and his organization received dozens threatening and harassing phone calls and emails.

FreedomWorks is the establishment’s answer to the grassroots Tea Party movement. Republicans Jack Kemp and Bill Bennett also work for the organization. It is funded in part by the notorious neocon foundation run by Richard Mellon Scaife. During his career as a member of the House of Representatives, Dick Armey voted as a mainline Republican. Following his vote for the Iraq invasion, the Texas Republican admitted he had been “bullshitted” by then vice president Dick Cheney.

Recordings played for U.S.News & World Report’s “Washington Whispers” Paul Bedard contain direct threats. “You guys better watch it,” one caller threatens. “Now, we are going to destroy and obliterate Rush [Limbaugh] and Sean Hannity,” says another. “Those two guys are dead.”

Democrats claimed they received death threats and were victims of vandalism following their votes for Obama’s health care bill. On March 24, Democrat House majority leader Steny Hoyer said at least 10 House members had raised concerns about their personal security. The FBI and police investigated the threats, according to Reuters.

Republican whip Eric Cantor told reporters on March 25 that he had also been the subject of threats and that a shot was fired through a window of his campaign office in Richmond, Virginia. “It is reckless to use these incidents as media vehicles for political gain,” said Cantor, criticizing Democrats for exploiting the alleged threats and vandalism.  House Majority Whip Jim Clyburn went on MSNBC on March 25 and characterized the obscene phones calls and emails as domestic terrorism. Clyburn said people are getting “signals” from Republicans on how to behave and that lawmakers need to “disown” the activity before it gets out of control. He suggested his colleagues were culpable. “If we participate in it, either from the balcony or on the floor of the House, you are aiding and abetting this kind of terrorism, really,” Clyburn said.  Clyburn and Missouri

Democrat Emanuel Cleaver said Tea Party activists had spit on them and hurled racial epithets as Democrat lawmakers walked to the Capitol to cast a vote on Obama’s authoritarian health care bill. Numerous videos of the alleged assault reveal nothing of the sort occurred.

Read More : Here


Ron Paul: Dollar Would Be Stronger Without the Fed

Friday, August 27, 2010

End the Fed


Iraq and the Big Picture

Tuesday, August 24, 2010


Are Corporations Sitting on Piles of Cash?

Monday, August 23, 2010

The Wall Street Journal claims U.S. Firms Build Up Record Cash Piles

U.S. companies are holding more cash in the bank than at any point on record, underscoring persistent worries about financial markets and about the sustainability of the economic recovery.

The Federal Reserve reported Thursday that nonfinancial companies had socked away $1.84 trillion in cash and other liquid assets as of the end of March, up 26% from a year earlier and the largest-ever increase in records going back to 1952. Cash made up about 7% of all company assets, including factories and financial investments, the highest level since 1963.

"Stockholders don't want them to keep sitting on cash at a zero return," said Paul Kasriel, an economist at Northern Trust. "They're going to use it," either to increase hiring and investment or to make payouts to shareholders in the form of dividends or share buybacks, he said.
Investors Punish Companies Spending Cash

The "companies are going to spend cash" theory sounds nice except for two things.

Read more: Here


Tony Robbins Economic Warning 1-2

Sunday, August 22, 2010

Part II


The Mosque Debate

Friday, August 20, 2010

By Silentboom

In one predicable move, Obama has exposed many so called "freedom advocates" as fools who lack the ability to think beyond their emotions.  The same people who have been demanding a restoration of America's founding principals were so easily led into this obvious trap of allowing Obama to turn the tables and become the defender of property rights and champion of religious freedom.  Not surprising is that so many neoconservative "tea party patriots" (Many of the "Palin faction") have snapped to attention upon hearing a mention of anything "Arab", however what is surprising is that even some libertarian minded thinkers followed their lead.  At this point, the more rational should be considering the facts that when someone owns property, it should be their prerogative to build whatever they choose irrespective of the feelings of their neighbors and other blathering simpletons who choose to involve themselves in matters that do not concern them.

At a time when regulations such as zoning have nearly erased private ownership rights (the foundation of all rights), you would think Americans would jump at the chance to defend them.  In this move, Obama has exploited a weakness in the growing liberty movement and completely divided what could be unified voters.  At the same time, he illustrated that these newly heard liberty seekers are merely the same liberal warmongering Republicans who are quick to wave the flag while screaming "kill towel heads", given the slightest temptation.  The same Republicans who have centralized power to such a degree that after inevitably stepping into office on a platform consisting of nothing more than "change", Democrats are now free to pursue socialist and corporatist agendas with what seems to be almost no resistance.  After years of working to change the direction of the morally bereft Republican party, these knee jerk reactions are debilitating to true Constitutionalists and the like.  As late as yesterday, it seems that a few are slowly realizing their folly and recognizing the right to build, yet now merely deplore the "insensitivity".  Unfortunately the damage has been done.  The opposition has show itself to be unable to differentiate Muslims from fundamentalists and coincidentally, Mosques from Community Centers (housing a culinary school, an auditorium, a swimming pool, a basketball court, and yes, space for prayer).  In addition, this "ground zero mosque" will be blocks from the actual site of ground zero near other actual mosques which have existed for decades.

Those who support the cause of freedom should think twice before reacting and following the first voices toward self destruction.  These emotionally and racially charged arguments are the same ones that allowed the United States to unconstitutionally invade Iraq without justification, destroy our monetary system by creating money out of thin air while expanding credit beyond the limits of sanity fueling the historically deadly ideas of socialism, fascism and other forms of collectivism.

We must work to adhere to our founding principals, no matter how tempting a primitive response may be or we will be forever doomed to repeat the mistakes that have taken us to the verge of collapse.  We must stoically defend property rights in all forms up to and including the single monetary unit or we will have no chance of saving our Republic.  Those of us who find ourselves unable to see the owners of this property as anything other than enemies should recall the words of Thomas Paine "He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself."

There is little time left to be diverted from our goals.


IP Makes Us More Like the Animals

Wednesday, August 18, 2010

On this thread, someone said that “If we fail to recognize intellectual property, we permanently relegate ourselves to the prehuman branch of the animal kingdom – capable of dealing only with the concrete with no capacity for abstraction.”
I was just thinking about this. Animals are largely incapable of using non-scarce goods like information, knowledge, images, and text to build civilization and make progress — these are tendencies that requiring learning from each other, cumulating information instead of keeping it bound up in one being’s experience and restricting its impact to one generation.
This is why trout today are pretty much like trout in the ancient world, and why one generation of cats is pretty much like every other generation of cats. Animals don’t really discover new methods of doing things, and then put them on display to be copied by others of their species. I can teach my dog how to sit but he is not likely to go out and teach other dogs how to sit. This failure to learn and then pass on learning to others is a persistent trait among animals.

Read More: Here


Freedom and Illusion

Monday, August 16, 2010

When I was a kid long, long ago, before time began, or anyone had thought of why time ought to begin, or what it might be good for, I lived in rural King George County, Virginia. The county bordered on the Potomac River and was mostly woods. Dahlgren Naval Proving Ground, on which my family lived, sloped down to Machodoc Creek, perhaps three-quarters of a mile wide.
Things were looser then. When I wanted to go shooting, I put my rifle, a nice .22 Marlin with a ten-power Weaver, on my shoulder and walked out the main gate. At the country store outside the gate I’d buy a couple of boxes of long rifles, no questions asked, and away my co-conspirator Rusty and I went to some field or swamp to murder beer cans.
Today if a kid of fifteen tried it, six squad cars and a SWAT team (in all likelihood literally) would show up with sirens yowling, the kid’s parents would be jailed, the store closed and its proprietors imprisoned, and the kid subjected to compulsory psychiatric examination. Times change.
In King George if a buddy and I wanted to go swimming, we might go to the boat dock, which was for public use, and jump in. We did this by day or night. Almost never were there other people around, certainly no lifeguard. Or we might take my canoe, bought with paper-route money, and paddle out into the nighttime water and glory in being young and free and jumping overboard to swim. No one thought anything of it. It was what kids did.
Today, unsupervised swimming is everywhere forbidden. Worse, swimming at night, hundreds of yards from shore. In a canoe without flotation devices approved by the Coast Guard. No supervising adult? No proof of having taken a governmentally approved course in how to paddle a canoe? Impossible in these over-protected, vindictively mommified times.

Read More: Here


Sometimes it takes a slap to wake you up.

Thursday, August 12, 2010


Reagan insider: 'GOP destroyed U.S. economy'

ARROYO GRANDE, Calif. (MarketWatch) -- "How my G.O.P. destroyed the U.S. economy." Yes, that is exactly what David Stockman, President Ronald Reagan's director of the Office of Management and Budget, wrote in a recent New York Times op-ed piece, "Four Deformations of the Apocalypse."
Get it? Not "destroying." The GOP has already "destroyed" the U.S. economy, setting up an "American Apocalypse."
In the wake of Friday's disappointing jobs report, Neal Lipschutz and Phil Izzo discuss new predictions that it could be many years before the nation's unemployment rate reaches pre-recession levels.
Yes, Stockman is equally damning of the Democrats' Keynesian policies. But what this indictment by a party insider -- someone so close to the development of the Reaganomics ideology -- says about America, helps all of us better understand how America's toxic partisan-politics "holy war" is destroying not just the economy and capitalism, but the America dream. And unless this war stops soon, both parties will succeed in their collective death wish.
But why focus on Stockman's message? It's already lost in the 24/7 news cycle. Why? We need some introspection. Ask yourself: How did the great nation of America lose its moral compass and drift so far off course, to where our very survival is threatened?
We've arrived at a historic turning point as a nation that no longer needs outside enemies to destroy us, we are committing suicide. Democracy. Capitalism. The American dream. All dying. Why? Because of the economic decisions of the GOP the past 40 years, says this leading Reagan Republican.
Please listen with an open mind, no matter your party affiliation: This makes for a powerful history lesson, because it exposes how both parties are responsible for destroying the U.S. economy. Listen closely:

Read more: Here


Wikileaks, Who's Hiding What and Why

Monday, August 9, 2010

Two ways exist of looking at Wikileaks, the site that publicizes secret military documents and videos. The first is held self-interestedly by the Pentagon and by Fox News, the voice of an angry lower-middle class without too much education. These believe that Wikileakers are traitors, haters of America, who give aid and comfort to the enemy and endanger the lives of Our Boys.

Implicit in the Foxian view is a vague idea that the leaks give away important—well, stuff. You know, maybe frequencies of something or other, or locations of ambushes or, well, things. Important things. The Taliban will use this information to kill American soldiers. The notion is vague, as are those who hold it, but emotionally potent.

The other view, held usually by people who have some experience of Washington, is that the Pentagon is worried not about the divulging of tactical secrets, but about public relations. Wikileaks doesn’t endanger soldiers, insists this way of looking at things, but the war itself, and all the juiceful contracts and promotions and so on entailed by wars.

Which is obvious if you look at what the military (the president, remember, is commander-in-chief) actually does. Remember the military’s frantic efforts to suppress the photos of torture at Abu Ghraib, photos of prisoners lying in pools of blood while grinning girl soldiers play with them? These had zero tactical importance. They did however threaten to arouse the Pentagon’s worst enemy.

The American public.

In recent decades the military has almost achieved its wettest dream, the separation of wars from the American population. The fielding of a small volunteer army prevents the riots on campus that helped to end the adventure in Asia long ago. “Embedding” reporters with combat units pretty much prevents coverage that might upset people. The media for whatever reasons are now complicit, declining to air what really happens on the ground. All of this allows ghastly behavior, which is what wars always produce, to go forward with little opposition.

Ah, but leaks, YouTube, holes in the wall of silence—these pose real threats to the flow of contracts.

Read More: Here


Tom Woods on Nullification, the TSA, Ron Paul, and More

Sunday, August 8, 2010


Emerging Markets Shed the Skin of US Consumers

Friday, August 6, 2010

08/05/10 Ouzilly, France – Want to know how to make money in this economy? You do it by selling things to markets that are growing. Exporting, in other words. China’s growing. India’s growing. Brazil is growing. Dozens of other countries are growing. Sales in the US aren’t likely to go up. But sales to China? Sales to Brazil? That’s where the money is.

And here’s something interesting – these growth economies are now largely ‘de-coupled’ from the US. They don’t need us anymore. We’ve done our part. Thanks to clever management by the feds, Americans went deeply in debt so that these emerging market economies could grow. They put up factories. We bought their output. They logged a sale. We added a debt.

And now, we can’t continue. We’ve taken on all the debt we can handle. They’ve got their factories, their capital and their skilled labor. We’ve got debts, debts and more debts.

Read more : Here


Feds admit storing checkpoint body scan images

Thursday, August 5, 2010

For the last few years, federal agencies have defended body scanning by insisting that all images will be discarded as soon as they're viewed. The Transportation Security Administration claimed last summer, for instance, that "scanned images cannot be stored or recorded."

Now it turns out that some police agencies are storing the controversial images after all. The U.S. Marshals Service admitted this week that it had surreptitiously saved tens of thousands of images recorded with a millimeter wave system at the security checkpoint of a single Florida courthouse.

This follows an earlier disclosure (PDF) by the TSA that it requires all airport body scanners it purchases to be able to store and transmit images for "testing, training, and evaluation purposes." The agency says, however, that those capabilities are not normally activated when the devices are installed at airports.

Body scanners penetrate clothing to provide a highly detailed image so accurate that critics have likened it to a virtual strip search. Technologies vary, with millimeter wave systems capturing fuzzier images, and backscatter X-ray machines able to show precise anatomical detail. The U.S. government likes the idea because body scanners can detect concealed weapons better than traditional magnetometers.

This privacy debate, which has been simmering since the days of the Bush administration, came to a boil two weeks ago when Homeland Security Secretary Janet Napolitano announced that scanners would soon appear at virtually every major airport. The updated list includes airports in New York City, Dallas, Washington, Miami, San Francisco, Seattle, and Philadelphia.

The Electronic Privacy Information Center, a Washington, D.C.-based advocacy group, has filed a lawsuit asking a federal judge to grant an immediate injunction pulling the plug on TSA's body scanning program. In a separate lawsuit, EPIC obtained a letter (PDF) from the Marshals Service, part of the Justice Department, and released it on Tuesday afternoon.

Read More: Here


Obama's father served in World War II?

Wednesday, August 4, 2010

Barack Hussein Obama Sr.(Obama's father), Born 4/4/36, Died 11/24/82 at the age of 46. He was 5 years old when WW II started and less than 9.5 years old when it ended. Lolo Soetoro (Obama's step father), Born 1935, Died 3/2/87 at the age of 52. He was 6 years old when WW 2 started and 10 years old when it ended.


The Broken Window Fallacy

Monday, August 2, 2010


40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. Economy

Most Americans still appear to be operating under the delusion that the "recession" will soon pass and that things will get back to "normal" very soon. Unfortunately, that is not anywhere close to the truth. What we are now witnessing are the early stages of the complete and total breakdown of the U.S. economic system. The U.S. government, state governments, local governments, businesses and American consumers have collectively piled up debt that is equivalent to approximately 360 percent of GDP. At no point during the Great Depression (or at any other time during our history) did we ever come close to such a figure. We have piled up the biggest mountain of debt that the world has ever seen, and now that gigantic debt bubble is beginning to pop. As this house of cards comes crashing down, the economic pain is going to become almost unimaginable.

Already, things are really, really, really bad out there. Unemployment is at shockingly high levels. Foreclosures and personal bankruptcies continue to set new all-time records. Businesses are being shut down at a staggering rate, more than 40 million Americans are on food stamps, and the U.S. government continues to pile up debt at blinding speed.

Read more: Here


Schiff For Senate

Saturday, July 31, 2010


Shadow Government Statistics

Friday, July 23, 2010

A great site which tries to put some reality into the government spun numbers being fed to the masses. If you have the guts to pursue the truth, check out

Alternate Inflation

The CPI chart on the home page reflects our estimate of inflation for today as if it were calculated the same way it was in 1990. The CPI on the Alternate Data Series tab here reflects the CPI as if it were calculated using the methodologies in place in 1980. In general terms, methodological shifts in government reporting have depressed reported inflation, moving the concept of the CPI away from being a measure of the cost of living needed to maintain a constant standard of living.


The Scariest Unemployment Graph I've Seen Yet

Thursday, July 22, 2010

The median duration of unemployment is higher today than any time in the last 50 years. That's an understatement. It is more than twice as high today than any time in the last 50 years.

OK, you're saying, but what does this mean? Does it mean we must increase the duration of unemployment benefits to protect this new class of unemployed, or does it mean we need to stop subsidizing joblessness? Does it mean we need to expand federal retraining programs, or does it mean federal retraining programs aren't working? Does it mean we need more stimulus, more state aid, more infrastructure projects, more public works ... or does it mean it's time to stop everything, stand back and let business be business?

You're going to find smart people make a case for all six of the above public policy directions. (I tend to side with the first of each coupling.) It's hard to know for sure how to design public policy for historically unique crises precisely because they are historical orphans, without precedent to show us the right way from the wrong.

Read More: Here


Ron Paul's Statement at JEC Hearing July 14, 2010

Thursday, July 15, 2010


Is Palin a Neocon Puppet?

Tuesday, July 13, 2010


Please remove your shoes.

Friday, July 9, 2010


Schiff for Senate Phone Banking


14 year-old tells Fox: 'End the Fed' - most important issue

Check out this video of a 14 year old Ron Paul supporter. He is also a member of Young Americans For Liberty.


Bread and circuses


The Monumental Incompetence of the TSA

Wednesday, July 7, 2010

According to GAO, TSA inspectors spend 33% of their time inspecting, 8% on incidents, 5% investigating, 5% on “outreach,” and 49% of their time on “other.” Other?

10% of useable TSA equipment (worth millions) in transit is stored for 2 years or more due to poor logistical processes.

During the first 3 months of 2007, the TSA Logistics Center received eight explosive detection systems units at a cost of about $7 million. As of January 2009, all eight explosive detection systems units remained in storage at the Logistics Center.

In December of 2009 TSA leaked a full copy of its 2008 S.O.P., screening protocol, and other security standards onto the internet.

In June 2007, investigators testing the TSA checkpoint screening process were able to smuggle prohibited items past security despite passing through secondary screening and pat-downs.

Read more: Here


Ron Paul - Liberty

Wednesday, June 30, 2010


WSJ: Liberals, progressives.....economic morons.

Monday, June 28, 2010

Who is better informed about the policy choices facing the country—liberals, conservatives or libertarians? According to a Zogby International survey that I write about in the May issue of Econ Journal Watch, the answer is unequivocal: The left flunks Econ 101.

Zogby researcher Zeljka Buturovic and I considered the 4,835 respondents' (all American adults) answers to eight survey questions about basic economics. We also asked the respondents about their political leanings: progressive/very liberal; liberal; moderate; conservative; very conservative; and libertarian.

Rather than focusing on whether respondents answered a question correctly, we instead looked at whether they answered incorrectly. A response was counted as incorrect only if it was flatly unenlightened.

Consider one of the economic propositions in the December 2008 poll: "Restrictions on housing development make housing less affordable." People were asked if they: 1) strongly agree; 2) somewhat agree; 3) somewhat disagree; 4) strongly disagree; 5) are not sure.

Basic economics acknowledges that whatever redeeming features a restriction may have, it increases the cost of production and exchange, making goods and services less affordable. There may be exceptions to the general case, but they would be atypical.

Therefore, we counted as incorrect responses of "somewhat disagree" and "strongly disagree." This treatment gives leeway for those who think the question is ambiguous or half right and half wrong. They would likely answer "not sure," which we do not count as incorrect.

In this case, percentage of conservatives answering incorrectly was 22.3%, very conservatives 17.6% and libertarians 15.7%. But the percentage of progressive/very liberals answering incorrectly was 67.6% and liberals 60.1%. The pattern was not an anomaly.

Read More: Here


China Says Yuan Revaluation Won't Solve U.S. Trade, Unemployment Problems

Thursday, June 24, 2010

U.S. economic woes can’t be solved by a revaluation of the yuan and American leaders will “help no one” by politicizing the issue, Chinese Foreign Ministry Spokesman Qin Gang said.

The comments come as U.S. lawmakers urge President Barack Obama to keep pressuring China even after the June 19 announcement that it was lifting a two-year policy of pegging its currency to the U.S. dollar. U.S. Commerce Secretary Gary Locke reiterated this week the yuan is undervalued.

“The appreciation of the yuan cannot bring balanced trade,” Qin told reporters in Beijing. Yuan appreciation “cannot help to solve U.S. problems of unemployment, overconsumption and low savings rate.”

Democrats and Republicans in Congress said yesterday they will press legislation to let companies seek tariffs on imports to compensate for advantages a weak currency gives Chinese producers. Lawmakers including Senator Charles Schumer said during the Senate Finance Committee hearing yesterday the government has not done enough and Locke should move to levy tariffs now.

Read more: here


George Carlin.

Wednesday, June 16, 2010


In Defense of Rand Paul

Monday, May 31, 2010

For those students who may not keep themselves informed about Senate primary races in other states, please excuse the brevity of the following summary: Dr. Rand Paul, son of Congressman Ron Paul, recently mopped the floor with his primary opponent, neoconservative and Kentucky Secretary of State Trey Grayson.

Having personally volunteered on behalf of Dr. Paul’s campaign, I couldn’t help but be concerned when I noticed that weasel-turned-CNN commentator Paul Begala could hardly contain his excitement over Paul’s primary win.

I knew they had something, and, as it turns out, Begala is now using Dr. Paul’s name to help him fundraise.

The very next day, it just so happened that a video interview was leaked, which showed Rand Paul criticizing the Civil Rights Act of 1964. That same night, in what can only be considered a public relations gaffe, Dr. Paul appeared on The Rachel Maddow Show to defend himself. What happened is what everyone in his campaign should have expected—she spent the entire interview trying to get Dr. Paul to admit he thought segregated restaurants were perfectly acceptable. The issue itself was settled when Rand Paul was an infant, and has nothing to do with his campaign. This was all a ploy—a fairly smart one, I must admit—to link a self-described “tea party” candidate to a racial issue. After all, as we all know, Tea Parties are actually clandestine Klan meetings.

Of course, the absurd implication of all of this is that Rand Paul is a racist, or somehow endorses racism. The fact of the matter is, Dr. Paul is one in a line of civil libertarians who have been responsible for much of the progress in equal rights through U.S. history. Many of the American abolitionists, such as Lysander Spooner and Henry David Thoreau, by today’s standards, would be considered radical libertarians, though to label them as such would be anachronistic. It was this same sense of civil libertarianism that inspired the civil rights marches and boycotts of the mid-20th century.

It was actually the practice of the free market, in the form of bus boycotts, which helped overturn segregationist laws in the South. Yes, instead of heroic laws being passed to quell the malevolence of the free market, it was effective civil disobedience that overturned immoral laws. In fact, that is mainly what the Civil Rights Act of 1964 did—overturn racist and segregationist laws. Even if this law were overturned today—which it never would be—I do not think anyone will argue with the assertion that businesses that discriminate for racial or other currently illegal reasons would be scarce, if they existed at all.

Read more: Here


25 Questions To Ask Anyone Who Is Delusional Enough To Believe That This Economic Recovery Is Real

Tuesday, May 25, 2010

If you listen to the mainstream media long enough, you just might be tempted to believe that the United States has emerged from the recession and is now in the middle of a full-fledged economic recovery. In fact, according to Obama administration officials, the great American economic machine has roared back to life, stronger and more vibrant than ever before. But is that really the case? Of course not. You would have to be delusional to believe that. What did happen was that all of the stimulus packages and government spending and new debt that Obama and the U.S. Congress pumped into the economy bought us a little bit of time. But they have also made our long-term economic problems far worse. The reality is that the U.S. cannot keep supporting an economy on an ocean of red ink forever. At some point the charade is going to come crashing down.

And GDP is not a really good measure of the economic health of a nation. For example, if you would have looked at the growth of GDP in the Weimar republic in the early 1930s, you may have been tempted to think that the German economy was really thriving. German citizens were spending increasingly massive amounts of money. But of course that money was becoming increasingly worthless at the same time as hyperinflation spiralled out of control.

Well, today the purchasing power of our dollar is rapidly eroding as the price of food and other necessities continues to increase. So just because Americans are spending a little bit more money than before really doesn't mean much of anything. As you will see below, there are a whole bunch of other signs that the U.S. economy is in very, very serious trouble.

Read more: Here


Nanny State goes global

Monday, May 24, 2010

6:00 am May 24, 2010, by Bob Barr

“Nanny State” laws are popping up with increasing frequency as big-government advocates continue to be elected to offices from the city council to the White House. What many Americans may not realize is the extent to which such invasive and pervasive government actions are spreading around the world, creating a “Nanny World.”

As usual, California, with its many ultra-liberal communities, is leading the way here in America. Santa Clara County recently voted to outlaw the sale of McDonald’s “Happy Meal” toys and a host of other novelties (including coupons from which a patron might download a song) provided by restaurants as a bonus for customers who purchase certain drinks or food items. As bizarre as is this most recent ban, if some of that county’s residents have their way, it will be followed by many more. One resident of Sacramento, for example, reportedly voiced support for the recently-passed measure because even McDonald’s “190-calorie salad dressing and mass-produced beef scare her”; New York’s Mayor Bloomberg would be proud of her.

The Global War Against Calories has reached all the way to the Congress and the White House. First Lady Michelle Obama now regularly employs her bully pulpit to rail against obesity. Of course, criticizing obesity is not itself inappropriate; far too many Americans of all ages are too fat. However, when folks in Washington – including recently the chairman of the Federal Trade Commission — start issuing thinly-veiled warnings to food companies that they may be subpoenaed and forced to explain why their packaging is too enticing, or why they do not list nutrition information more prominently, we’ve moved beyond simple, personal encouragement to Big Brother-ism.

A bi-partisan reauthorization of the “Child Nutrition Act” now working its way through the Congress, would dramatically increase the reach of the federal government to dictate with great specificity what types of meals, snacks, and beverages could be sold in, or distributed by, every public school in the country. You can bet a Twinkie or a Baby Ruth will not remain among the sanctioned foods.

While nothing that happens at the University of California at Berkeley would surprise any observer of big government, the latest move by its administration might cause at least a double take. The university is asking incoming students to give the school a sample of their DNA when they register. This measure will enable the huge state-run school to amass a database of the most personal information imaginable about its students and eventual alumni. In typical Berkeley-speak, in a local television interview a genetics professor said he hopes this program “will excite students to be more hands-on with their college experience.”

Read more: Here


  © Blogger template On The Road by 2009

Back to TOP