In a civilized society, should anyone or any government ever force anyone to do anything against his or her will as long as that person does not infringe upon the life, liberty, or property of another?

Friday, November 30, 2007

Next boogeyman, please step up

It's starting now. Yes, 2007. The war hawks (I mean cowards) are bringing the next boogeyman up to the stage. Guess who? Yes, China. The cowardly windbag Lou Dobbs is all bent out of shape because China refused to allow nine U.S. Navy ships to enter China's harbors. First of all, why are all these ships sailing all over the globe? Nothing's going on over there, yet the U.S. empire wants its presence everywhere. Bring those ships home to protect our borders just in case any nation gets crazy (but they won't). I'm tired of paying for a massive global navy.

Dobbs started off with "communist China." Not China, but "communist China." He wants to remind you that they're probably evil. You remember "communist Russia," don't you? Of course, he wouldn't say: "Democratic Ireland," or "Socialist Finland." And on the screen next to his face it read: Red Storm Rising. Just more propaganda. The communists are coming! The communists are coming!

Dobbs needs to sit at home and stop his fear machine. You're tired and stale Lou, go play some checkers. By the way, China's defense budget is approximately $64 billion, far less than our almost $600 billion. And they have four times as many people. Be careful what you wish for Lou, they can put an army on the ground the size of the U.S. population.

You couldn't write a better script

Want to screw up a financial system? Love to create credit and market distortions? Like to have American taxpayers bail out cranky government interventions in the banking, mortgage, and securities sectors? You've got it! It's all right here in Washington! Come one, come all!

Now the Secretary of the Treasury is getting in on the act, as you can see by this article. Just one more bandaid to forestall the inevitable: an economic meltdown. The more the government intervenes to put off the pain, the greater the ultimate pain will be. In the last paragraph, George Miller seems to understand the problem.

Thursday, November 29, 2007

Anderson Cooper saved John McCain

During the CNN/You Tube debate last night, warmonger and admitted (1997 interview) Vietnam bomber and baby killer John McCain went after Ron Paul and his non-interventionist foreign policy. McCain was saved when the moderator jumped in, just as Ron Paul was about the eat his lunch.

McCain yearns for war, just as Henry Clay and John C. Calhoun did way back in 1812. McCain must not understand that there is no army, navy, or air force that can reach America. None. End of story. No foreign armed forces can reach this country. The United States has the most favorably geography in the world for defense. Combine that with the best nuclear subs, nuclear aircraft carriers, and the new F22 fighter planes, we are untouchable here. The only time we get in harm's way is when we are out there telling other people what to do.

That's Ron Paul's point. Shut down the empire. Leave everyone alone politically and militarily. Let Americans trade with everyone. McCain and the other war hawks on stage with him last night don't get it. I guess they still want to play army since they didn't get a chance to do it when they were younger. But this time, we all pay the price.

Wednesday, November 28, 2007

MSM misses again

The main stream media, or MSM, almost always miss the point. Especially when it comes to economics. They just simplify things, spouting out the conventional wisdom. This article by Yahoo News tries to explain why world financial markets are in bad shape. The writer gives a list of reasons, but misses the root cause: fiat money. That is, paper money not backed by anything but a government's ability to tax citizens to give them their money back. Crazy, right?

Instead of a significant portion of the article devoted to inflationary monetary policies practiced by central banks around the world (like our Federal Reserve), he puts in only this line: "An era of easy money has enabled more risk-taking built on borrowed funds." Let's be like Morpheus in The Matrix, who only offers the truth, and expound on the "easy money" idea so people know the root cause of the upcoming financial catastrophe.

Monday, November 26, 2007

Sucked into the maelstrom

As more banks, mortgage companies, investment houses, etc. are sucked into the maelstrom known as the credit bubble collapse, people wonder: what should be done? After all, some say it's like a perfect storm: oil at almost $100 a barrel, real estate foreclosures way up, big investment companies writing down billions in losses, the dollar collapsing, and threats by foreign nations to move away from the dollar.

Maybe the government should pull an early 1970's Nixon: a 90-day wage and price freeze. Then gas and food can't go up - sounds good, doesn't it? Might sound good, but that would lead to more pain. In fact, the government should do nothing but let the malinvestment wash itself out. It will be painful, but forestalling the pain only makes it worse. Watch the Republican debate Wednesday night, and see who brings up the subject. Only Ron Paul, who understands the markets and the Fed, will. He's the only one with the courage to talk about it.

Sunday, November 25, 2007

Krugman is clueless

Paul Krugman, one of the worst economists in the U.S., will go to his deathbed claiming all our financial problems are based on greed. The fact is, Krugman is a card-carrying communist and admitted so on national television. That means he hates capitalism, the most moral economic system ever devised by mankind. But he wants no part of it - he longs for Karl Marx and Friedrich Engels.

His ridiculous article never mentions how the U.S. government creates money out of thin air, and how the Fed has inflated the dollar from 100 cents to 4 cents. That's the problem, Paul. But if you haven't gotten it by now, you never will. Where'd you get that doctorate again, the University of Keynesinia? Or was it the Republic of Marxidolva?

Saturday, November 24, 2007

Nightmare economic scenario

When a nation's central bank prints money out of thin air like our Federal Reserve does, the chickens always come home to roost. The fundamental laws of economics can't be refuted, just like a fundamental law of physics can't be refuted. There's always a reckoning, and it's starting now. Read the article here.

Commodity-based sound money is the key. It imposes discipline on bankers, so they oppose it. But look at the alternative. 2008 and 2009 are going to be rough. Do you have a spare bedroom for your foreclosed friends?

Clinton, Obama style government

Based on what Clinton and Obama are saying on the campaign trail, we can expect a lot more government if either is elected. Of course, a lot more government means you get to keep a lot less of your money. Don't forget, the Democrats say they're for the "little guy," so that means they want to "create jobs." More government agencies at taxpayer expense means more jobs to do exactly what? Not much.

As you can see by this article, there were some Clinton and Obama types in Sweden. Now they have the all-important, can't do without agencies like the Maritime Culture and Leisure Association, The Foundation for Children's Literature, and the Language and Folklore Institute. I can't believe that the framers didn't put stuff like this in our Constitution. You can bet your last dollar that under Clinton or Obama we'll get lots of agencies, bureaus, departments, and commissions that will eat up taxes, I mean, "create jobs."

Thanks to for posting this Christian Sandstrom article in April, 2006.

Friday, November 23, 2007

Lincoln didn't care about slaves

During the Civil War, Lincoln clarified his position on the war and slavery. "My paramount object in this struggle is to save the Union, and is not to either to save or to destroy slavery. If I could save the Union without freeing any slave I would do it, and if I could save it by freeing all the slaves I would do it; and if I could save it by freeing some and leaving others alone I would also so that. What I do about slavery, and the colored race, I do because I believe it helps to save the Union. I shall do less whenever I shall believe what I am doing hurts the cause, and I shall do more whenever I shall believe doing more will help the cause."

Interesting. What was that they taught us about "Father Abraham" in grade school?

Why is America going broke?

America is in a severe financial crisis, no matter what some of these rah-rah bull market cheerleaders say. In this great article by Robert Murphy that appeared in The Freeman: Ideas on Liberty back in April, he writes about all the waste and corruption ("corporate welfare") in government.

Why is the government in the railroad business? AMTRAK loses millions every year. Who bails it out? You and me with our tax dollars. Why does the Small Business Administration lend money to giant corporations? Wasn't it created to help the "little guy?"

Hopefully the article will make you angry. There's only one person currently running for president who will step up and challenge Congress on this madness. Yes, that liberty loving Congressman from Texas, Ron Paul.

Living beyond your means?

TheFox News Channel ran a story last night about foreclosures, especially in Stockton, California, which is the unofficial "foreclosure capital" of America. The station interviewed a woman on the phone who lost her house. Why did she lose it? Her and her husband bought a house that cost almost $500,000! And when asked how much money she put down as a down payment, she said $1,000! How can anyone in their right mind buy so much of a house when they can't afford it? She also remarked how this was their first home.

The payments were $3,300 a month for the first two years, re-setting with the adjustable rate kicking in after two years. New payment: almost $5,000! What should society's (other people, government, etc.) response be? "Oh well, you learned from that one. Next time don't buy so much of a house, and next time wait for a low fixed rate." Remember, no one held a gun to their head to buy the house.

Unfortunately, the federal government might come in and tax you and me more to help these "poor, unfortunate people" who might lose their home. Write your representative in Congress now, stating that you oppose a bailout. If we don't, it will cost us billions!

Thursday, November 22, 2007

Learning from history

The only thing we learn from history is that we don't learn from history. As you can read in this article, central banks around the world have caused more mayhem by printing money out of thin air, just like our Fed does. The U.S. had five major recessions/depressions in the 1800's. Did we learn from them? Of course not. The great contraction that kicked off in late 1929 was the direct result of foolish monetary policy by the neophyte economists at the Fed. And how did the 2000 and telecommunications bubble form and burst? You guessed it: a dramatic expansion of the money supply, leading to easy credit and malinvestment.

Only sound money prevents the severe dislocations that we now see here in America and around the world. It's getting ugly out there. One guy in Congress does get it however, and he gave the ex-Fed chairman Greenspan a hard time for over a decade. Yeah, that's right: Ron Paul.

Kudos the for posting a link to the article.

It's not a sacrifice, it's a privilege?

Franklin Delano Roosevelt, one of the worst presidents in American History, said it was a privilege to pay more taxes, buy more bonds, forego extra profits, and fight for your country. Amazing. What he's really saying is that your a government slave, and when the government creates a crisis or gets us into war, you'd better do what they say. Really. I thought it was a free country.

"It is not a sacrifice for any man, old or young, to be in the Army or Navy of the United States. Rather it is a privilege. It is not a sacrifice for the industrialist or the wage-earner, the farmer or the shopkeeper, the trainman or the doctor, to pay more taxes, to buy more bonds, to forego extra profits, to work longer or harder at the task for which he is best fitted. Rather it is a privilege. It is not a sacrifice to do without many things to which we are accustomed if the national defense calls for doing without."

From FDR's radio address on December 9, 1941, two days after the Japanese attacked Pearl Harbor. Much recent scholarship indicates FDR pushed Japan into attacking the U.S. Quote thanks to Crisis and Leviathan by Robert Higgs.

Tuesday, November 20, 2007

The truth about Woodrow Wilson

The Politically Incorrect Guide to American History by Thomas Woods is an awesome book. I especially like the chapter on how the United States got into World War I. As stated in the chapter, 98% of the American people wanted to avoid the senseless slaughter of the European conflict. It was none of our business, and Americans knew it. But somehow the diplomatic neophyte, racist, Anglophile Woodrow Wilson maneuvered us into war, killing 113,000 Americans. He said at the time that the U.S. must make the world safe for democracy. Sorry, Woodrow, that's not in the Constitution. For the full story on Wilson, pick up Wilson's War by Jim Powell.

Both books should be part of your library - you won't regret it. You might also want to pick up a copy of Lies My Teacher Told Me by Jim Loewen while you're at it.

Ron Paul stands alone

As this great article from the History News Network states, only Ron Paul has the courage to openly express to the American people how dangerous and foolish it is to maintain an empire. Ron's vision of free trade and refusal to stick our noses in other people's business would make us safer and more prosperous. The youth of America understand this because they have not yet lived a lifetime of being duped by the Republicrats and mainstream media.

Monday, November 19, 2007

Neocons and liberals join hands and call for another invasion

It is amazing how the people who know they don't have to fight on the battlefield seem to call for more and more foreign intervention and war. The U.S. helped stir up a hornet's nest in Pakistan throughout this decade, and a lot of people over there don't like us. Now the neocon American Enterprise Institute and left wing Brookings Institution want the invasion of yet another country. Supposedly the reason is to secure Pakistan's nuclear weapons. Even if the nukes fell into the "wrong" hands (wrong is anyone other than who the U.S. supports), who would launch such a weapon? And at who? For what reason? Preposterous. Don't let the warmongers use fear on you. No nuclear weapon can reach U.S. soil, and no army, navy, or air force can reach us either.

Sunday, November 18, 2007

Die on the battlefield and the empire will grant citizenship

The U.S. armed forces is strapped for new recruits, and the army recently upped the enlistment age from 40 to 42. Imagine, so many people are rejecting dying for the empire that they'll now take people 42 years old.

As this article states, the military focuses on minorities because they traditionally don't have the options some others may have. If you enlist, you get a six-year conditional status, but you get the express citizenship program if you're killed in battle. A lot of good citizenship does you then.

Saturday, November 17, 2007

The all-powerful state threatens parents

As you can see by this article, some state governments don't believe in parental choice. Some bureaucrats believe they know what's best for the child. That's one reason I like Texas: it has all three exemptions from vaccinations - religious, medical, and philosophical. You simply fill out the one-page form, have it notarized, and give it to the school nurse. It is a myth that children need shots to get into school.

Do the research, watch the videos, and even better, join the National Vaccine Network. It's composed of parents from every state who oppose the mandatory pumping of 35 or so toxic cocktails into their kids' bodies by the time they're five years old. Gee, I wonder if there's any connection between some doctors, the stock they buy, the pharmaceutical companies, and the government agencies that push for vaccines? You bet there is.

While you're at it, pick up a copy of How to Raise a Healthy Child in Spite of Your Doctor. It's only $7.00, and you'll agree with the doctor who wrote it: parents, grandparents, and mother nature are the best medicine, not the all powerful and increasingly intrusive government.

Friday, November 16, 2007

Soldiers deserting - they're tired of it

U.S. soldiers are now deserting the armed forces at a rate higher than at any time since 1980 - read here. The war hawks, however, keep putting out those commercials, trying to show how honorable it is to travel around the globe and kill others.

According to the military, there were over a half million "incidents of desertion" during the Vietnam War. The soldiers knew then what our soldiers know now - that war is a racket, it's immoral, and it makes America weaker. And we're led by bullies. They only attack small nations they can toast in four weeks or less. If we're so tough, let's go attack some monster-sized nation. Yeah, I didn't think so. Our leadership is like the bully in the grammar school schoolyard - picking on the small and weak.

Are you ready?

Have you socked away some cash and paid off most of your credit card debt? Did you resist the tempation to get that home equity loan? Got some gold coins in a little fire resistant lock box? I hope so. It's getting ugly out there. Amazingly, many people haven't clued in. They think everything's rosy out there.

Here's another article from Bloomberg that picked up. Severe recession, anyone?

The government let him down

You would think that the government would take especially good care of America's veterans. After all, the warmongers and hawks can't play their little war games around the globe if people don't enlist. Without the soldiers, the hawks would be bored and would have to play Stratego and Risk instead.

Here's an article that appeared on on just how well some of America's veterans are being treated. Amazing.

Thursday, November 15, 2007

Neocons want world dominance

Neoconservatives, or neocons, who make up the hawkish (they love war) sect of the Republican Party, laid out their plans to bully the world back in 1992. Barely had the U.S.S.R. collapsed when they wrote up their plans for control of the globe. Thanks to the International Relations Center for an article that lists the objectives the neocons would now seek: massive increase in military spending, assertion of lone superpower status, the use of pre-emptive force, and intervening in disputes throughout the globe, to name a few.

Everything neocons promote is exactly the opposite of what the founders intended. Washington, Jefferson, Madison, and others were men of peace. It is up to all of us to fight for peace in a non-violent way.

Wednesday, November 14, 2007

They smear him because they are afraid

The neocon warhawks who hijacked the Republican Party are stepping up the smear campaign against the champion of the Constitution, Ron Paul. They see on his website how much money he's raising, and they know he has an excellent chance to do really well in two out of the first three primaries - New Hampshire and Nevada. Since they're afraid, they are and will continue to smear him. They'll call him a nutjob, a freak, a fringe candidate, a 2nd tier candidate, a man out of step with society, a violent man, a man supported by fruitcakes, and on, and on, and on.

Fortunately, you and I know better. Here's a man who served his country in the Air Force, delivered thousands of babies, has been married to the same woman for 50 years, has never taken a congressional junket, has never voted to raise taxes, has never voted for an unbalanced budget, refused to take a congressional pension, voted against the Iraq War, and returns some of the money given to him to run his office in Washington back to the Treasury every year.

They will really step up the smearing after December 16th, when Ron Paul's supporters send him another $5 or $6 million to commemorate the Boston Tea Party. Simply laugh at their smear campaign, and continue to tell others how great Ron Paul is and how much we need him at the helm.

Let's leave Pakistan alone

As this article states, America once again does not understand yet another country and how they operate. It's time to leave the Middle East altogether. The U.S. government and military has stirred up another hornet's nest - it will simply cost more U.S. lives and taxpayer money.

(Thanks to, where the article appeared today)

Tuesday, November 13, 2007

Student comes forward

The student who was given a question to ask Hillary Clinton by the Clinton team has come forward, saying she was not the only plant in the audience. She feels the Clinton team was dishonest, and the whole affair has given her a negative outlook on politics. Read the article here.

Monday, November 12, 2007

Ron Paul will be good for the economy

A Fox News financial reporter (last name Shapiro) was asked today who would be best for the economy out of all the presidential candidates. His answer: Ron Paul. Shapiro said only Ron Paul understands economics and the financial markets. Shapiro mentioned no other candidate.

That mention will probably help on December 16th, when 100,000 supporters will give Ron Paul $100.00 each to raise $10 million for the day. I hope you will be one of them! I will give $100 once again, just like the 5th on November.

Let's take back our country from the neocons and liberals.

Global Warming a "scam"

John Coleman, the founder of The Weather Channel, calls global warming an immense "scam." He says he's appalled at the bogus science and the lack of good research out there. Read his full blog entry here.

Sunday, November 11, 2007

War Myths

Some people like war for some reason, yet they don't understand how war consolidates power in the hands of the state. War is also bad for the economy, yet people believe the opposite. As Robert Higgs points out in How War Amplified Federal Power in the Twentieth Century, the publicly held debt rose by $200 billion during World War II, and the U.S. dollar lost nearly half its purchasing power between 1940 and 1948.

Not only does war make us poorer, Washington grows stronger, limiting our freedom. Higgs' great article appeared in The Freeman: Ideas on Liberty in December, 2001. Read the rest of the article here.

Incredible interview

Ron Paul gave a clear, concise, awesome interview today on the CBS show 'Face the Nation.' He explained the powerful message of liberty and how the government should leave the rest of the world alone. He also succinctly explained how our fiat (paper) money hurts the poor and middle class.

Go to and click on Ron Paul triumphs on 'Face the Nation.' Make sure you watch part II. Incredible. What a clear, powerful message.

Friday, November 9, 2007

Austrian economics

The market is getting punished today. The bubble has burst. The average American has had little training in economics, and the little they've had has been Keynesian, which has been destroyed by the Austrians.

Now it's time for you to begin your study of Austrian economics. Then you'll know more than most of the people in the country. Eventually, you'll know why bubbles form, and how the government makes us poorer. Start here and invest $10.00 in Henry Hazlitt's book: Economics in One Lesson. It'll be the best $10.00 you've ever spent.

Violent Radicalization and Homegrown Terrorism Prevention Act of 2007

The above titled bill passed the House of Representatives and is now in a Senate committee. The bill looks pretty dangerous because of its vague language. The last thing Americans need is another bill related to "homeland security" that has vague language. The Military Commissions Act did a number on us, and this looks pretty bad too. Might want to write your Senators. Check the article to see what number the bill is in the Senate.

Interesting charts

There are some great charts at Their guest commentaries and daily stories are great too. Check out the last chart titled US Deficit. Looks a little scary. Maybe your history, government, or economics professor can explain to you whether or not this is a problem.

Socialized Medicine in Japan

Japanese citizens are increasingly dissatisfied with health care, as they must wait about a month to receive necessary surgery. 69% of the hospitals run by local governments operate at a loss, and of course, the rest must be paid by taxpayers.

Two-thirds could not determine whether they received quality care, and 86% of the people were dissatisfied with the long waiting lines. Costs are rising and the government is trying to reign them in. Next step, of course, is rationing. Read the article here.

The Japanese tend to be healthier and more fit than Americans, and they don't have near the deaths from accidents and violence. Can you imagine the costs and the waiting times in a country like ours - with twice the population, more overweight and obese people, and many more dying violently? Socialized medicine in the U.S. would be a disaster.

Thursday, November 8, 2007

Freeze slimeball!

Freeze slimeball! You're under arrest for holding a garage sale! Yes, it's true. The ever increasing power of the state rises up, it seems, on a daily basis. This poor 72 year old woman, who probably never broke the law in her life, is now facing charges for holding a garage sale. Read the article at your own risk (you might not have permission from the government).

Thanks to (Foundation for Economic Education) for the alert.

Secret government room?

Interesting article from ABC news. Didn't the Supreme Court rule that Americans had the right to privacy? Yes, it did. Time for me to read George Orwell's 1984 again.

Wednesday, November 7, 2007

The evil "outsourcing" monster rises again

Some Illinois congressman strutted out a refrigerator on the floor of the House of Representatives tonight and began bellowing gas about the evils of outsourcing. As usual, he used emotion and a shallow argument, not sound economic reasoning by sound economists. Three excellent articles (1, 2, 3) from the site reveal that the outsourcing monster isn't quite what the typical politician makes it out to be.

After all, shouldn't I be free to build my factory anywhere in the world I want, as long as I purchase the land and obey that particular country's laws? And for whatever reason I want? Or should I be forced to stay in the U.S. and pay for possibly more expensive land and possibly higher labor costs?

I wonder how horrible he would have made it sound if that Illinois plant had re-opened in Texas? Would he then speak of the evils of those rotten Texans, who "stole" jobs from Illinois citizens? Probably not.

She must have thought she was free

A 13-year old girl was punished with detention for hugging two friends. The "Hugging Police" must have descended upon her quickly, and she's lucky she didn't get a taser in the chest. Pretty soon, we won't be able to smile at each other. Amerika will look like that little town in the "Invasion of the Body Snatchers." No emotion, please. Read the amazing article here.

(thanks to

Tuesday, November 6, 2007

Business as usual

Both the Democrats and Republicans, or Republicrats as I like to call them, say one thing and do another. The Republicans finally got control of the House of Representatives in '94, saying that now they could finally reduce spending after all those years of a Democratically controlled legislative branch. Well, the Repubs then went on a spending binge, and actually outspent the Dems. Say one thing, do another.

Now, as you can see by this article, it's the Democrats turn. Put us into power, they said, and we'll end the war. Blah, Blah, Blah. Same old story for the last 100 years or so. I read today that a woman in New Hampshire said it was an exciting time to be an American, since next year is going to bring some real change. Is she kidding? Or just delusional?

What's next - busted for walking down the street?

The ever-increasing coercive power of the state flexed its muscles again - this time to bust those high-flying gamblers. No, not the ones in Vegas. I'm talking about those elderly WWII veterans who were waging $5 for a few hours of fun playing cribbage. Throw the scalawags in jail! Throw the key away - they're a menace to society! Read this amazing tale here.

It's time to pull The Death of Common Sense by Philip K. Howard off the shelf again for another quick read.

"We've only begun to feel the pain . . ."

The credit bubble is blowing, and there's no way to stop it. And you can see all the bad news on Here's an article which quotes Brian Gendreau, an investment strategist at ING. He's right when he says "we've only begun to feel the pain . . ." This current bubble may be the mother of all bubbles. By the way, gold is probably only a few days away from its all-time historic high.

Unfortunately, most Americans won't know what happened, and they'll believe the government when the Republicrats blame the free market.

Monday, November 5, 2007

Typical government project

From the wasteful subsidies given to railroads in the 1800's to museums today that never get off the drawing board, governments love to spend someone else's money. That's why I love the private sector - they spend their own money.
Read this amazing article on how the state of New York wasted $3 million on a proposed museum. Disgraceful.

Global warming? So, the earth warms and cools all the time!

A great article appeared today that questions the scientific community's consensus that the human race is responsible for the alleged global warming of today and that we should get rid of cars and factories.

The government loves to use fear and hype to control us, and they love it when government funded scientists agree with what they say.

Sunday, November 4, 2007

CIA fooled

A story in the news the last couple of weeks aired on 60 Minutes tonight. The story was about Rafid Ahmed Alwan, who claimed he defected from Iraq and that he had first-hand evidence of Iraq's biological weapons program. Despite warnings from Germany, where Alwan showed up as a defector, the CIA used Alwan's claims to help build a case for the invasion of Iraq. Members of the highest levels of the CIA were duped, and they presented their findings to then Secretary of State Colin Powell. Powell announced the findings to the world at the United Nations. Three weeks later, the U.S. invaded Iraq.

We spend billions on intelligence, and we can't get it right?

Ron Paul's getting more money tomorrow!

Ron Paul supporters have targeted tomorrow, November 5th, as a big fundraising day for the presidential candidate. Supporters are hoping that 100,000 people donate $100.00. I've already given him $500.00, but I want to be in on this exciting day. So tomorrow I'm sending in another c-note. I wonder if I'll get a mask in the mail.

Saturday, November 3, 2007

Rogers gets it, Bernanke doesn't

Great interview with investor Jim Rogers on Bloomberg yesterday. Rogers gets it. Gets what? The ensuing credit bubble burst. It's happened throughout history, and it's happening again. The first documented bubble in history was the tulip bubble of the 1600's.

"Bernanke loves printing money,'' Rogers said in an interview in New York. "This man is a nut. The dollar is collapsing, commodities are going through the roof, which means inflation's going through the roof. These people are leading us to terrible problems down the line.''

The only thing we learn from history is that we don't learn from history.

End all foreign aid

Some of your taxpayer dollars are given to other countries by the U.S. government. It is a foolish practice, and history shows that all sorts of distortions and shenigans occur when money is transferred from one government to another.

Walter Block, an economist and professor at Loyola in New Orleans, writes a nice article on why the practice should stop. Block, who is Jewish, states that giving money to Israel harms Israel. He says that Jewish leaders in American need not worry if American taxpayer dollars don't reach Israel. The article appeared today on

Friday, November 2, 2007

Americans absorb war propaganda

Not only are most Americans clueless about geography and history, so my students tell me, they also like to absorb the war propaganda put out by the necons and others. Great article by Justin Raimondo that appeared on today.

Don't Americans understand that the government is always conjuring up more boogeymen for us to be afraid of? Don't they understand they love to use fear to get us to do what they want us to do?

It's time for us to do our own research (no, not the mainstream media) and reject most of what they're telling us. Remember, they told us Medicare and Medicaid would only cost $9 billion the first 25 years. They were wrong. It cost $67 billion.

Are we free?

Not according to Robert F. Hawes, Jr. He wrote a great article that appears today on An excerpt: "You see, today the American government tells us that it can spy on us whenever and however it likes. It can read our e-mail and postal mail, track our financial records, pry into our medical histories, force libraries to turn over lists of the books we read, force internet service providers to turn over records of our surfing habits, and tap our phones and record our calls."

Forget new secretary - just shut it down

President Bush just appointed a new Secretary of Agriculture. Instead, he should have just shut down the department. Destroy it, George. It's anti-freedom, and it makes our food so much more expensive.

A 1993 article in the New York Times "termed the U.S. farm subsidy program “hopelessly outdated, exorbitantly expensive and environmentally and socially devastating.” Far from “saving the family farmer,” they price American produce out of world markets, hurt low income families, and swamp the farmer with endless regulations. “A whopping 73 cents of every farm program dollar,” Davidson noted, “ends up in the pockets of 15 percent of the nation's superfarms.”

Nothing's changed in 14 years. Americans are taxed and the money is given to large agricultural conglomerates. You're taxed so you're food is more expensive. Read the rest of this still relevant article that was printed in The Freeman: Ideas on Liberty.

Thursday, November 1, 2007

Run for the hills

As the credit bubble deflates, financial pundits are in denial and the government is trying to stave off the pain. Unfortunately, as each day passes, the total amount of pain that we will eventually feel increases. Come on, Ben, just let the air out. We know it's going to hurt, but it will hurt a lot more next month or next year.

Another $41 billion in reserves injected today. Ouch! Where'd that come from? Read the article here.

Jewish people oppose war

Polls show that 77% of the Jewish population in America oppose the war in Iraq. Read the interesting article that appeared on