Mar

24

Erie County/Western New York Tea Party on March 28th

Filed Under Buffalo, New York State, Taxation | 2 Comments

Erie County-Western New York Tea Party

Details at the Albany’s Insanity Blog

More at Political Class Dismissed

Feb

10

Woods and Folsom on Glenn Beck

Filed Under Economics, History, Thomas Woods | Leave a Comment

Thomas E. Woods, author of Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse and Burton W. Folsom Jr., author of New Deal or Raw Deal?: How FDR’s Economic Legacy Has Damaged America on Glenn Beck


Feb

7

Alexander Hamilton: The Founding Father of Economic Statism in America

Filed Under Economics, History, National | Leave a Comment

The Future of Freedom Foundation
Thomas J. DiLorenzo at the Economic Liberty Lecture Series


Economic Liberty Lecture Series: Thomas J. DiLorenzo from The Future of Freedom Foundation on Vimeo.

Jan

18

A Dummy for Keynesian economics

Filed Under Economics, History, National | Leave a Comment

Jan

18

Keynesian economics is for dummies

Filed Under Economics, History, National | 6 Comments

Dec

30

Obama is like FDR, only dumber

Filed Under Economics, H.L. Mencken, History, National | Leave a Comment

Like F.D.R., Only Worse
by A.W.R. Hawkins
12/23/2008

When F.D.R. took office in 1933, our country had been in a depression for approximately three and half years. Not unlike today’s severe recession, the depression he faced was international in scope, but the faltering economy of the United States predominated. F.D.R.’s “solution” to the economic hardships we faced was a socialism-made-simple approach that included everything from an expansion of government through more regulatory oversight and tax increases to the creation of employment opportunities via jobs for which the private sector saw no need.

READ ON AT HUMAN EVENTS

Mr. Hawkins does a pretty good job comparing Obama’s New New Deal with FDR’s New Deal at Human Events. Dumb ideas always manage to find their way back to bring ruin on a new generation of victims, reborn new and improved—usually even dumber than the original. As H.L. Mencken wrote, “The kind of man who wants the government to adopt and enforce his ideas is always the kind of man whose ideas are idiotic.” There’s an important distinction there, a man with idiotic ideas that would effect a large number of other people typically wants to use the force of government to impose his ideas on others. If he could only rely on voluntary participation in his dumb ideas, practically nobody would listen. Government on the other hand can do what no sane and moral person could ever do; they can give idiocy—legitimacy. Why anybody would allow some idiot elected by idiots to have control over their lives and property I’ll never understand.

Dec

22

End the Ponzi Scheme

Filed Under Economics, National, Ron Paul, Taxation | Leave a Comment

Ron Paul’s Texas Straight Talk
December 22, 2008

Government and Fraud

Billions of dollars were recently lost in the collapse of Bernie Madoff’s self-described Ponzi scheme, in which too-good-to-be-true returns on investments were not really returns at all, but the funds of defrauded new investors. The pyramid scheme collapsed dramatically when too many clients called in their accounts, and not enough new victims could be found to support these withdrawals. Bernie Madoff was running a blatant fraud operation. Fraud is already illegal, and he will be facing criminal consequences, which is as it should be, and should act as an appropriate deterrent to potential future criminals. But it seems every time someone breaks the law, politicians and pundits decide we need more laws, even though lack of laws was not the problem.

The government itself runs a fraud much bigger than Madoff’s. Our Social Security system is the very definition of a Ponzi, or pyramid scheme. If the government truly had an interest in protecting people’s savings, they would allow people to opt out of Social Security altogether. We would cut wasteful spending, such as our overseas empire, to honor current obligations to seniors, and eventually phase the program out. Instead, as with Enron and Sarbanes Oxley, I expect new, unrelated legislation to be proposed that further damages freedom in the name of protecting us, amidst loud proclamations that they have made the world safe.

READ ON

Dec

14

Alistair Cook on the National Socialist New Deal and FDR

Filed Under Economics, History, National | Leave a Comment


Alistair Cook History of America Clip - Funny bloopers R us

Dec

14

1930’s New Deal Keynesian Propaganda Film

Filed Under Economics, History, National | 1 Comment

That’s right America. Happy Days are here again. The Gold Standard is bad! Roosevelt will save the nation with inflation!
Your dollar will buy less, but the stock market, employment and your income will rise! Huh?
This is the kind of pablum the people were fed back then, same as the crap the Keynesian New New Dealers are feeding us today. It didn’t work back then, the economy was practically the same wreck at the end of the 1930’s as it was in 1933. Didn’t work then and it won’t work now either. Another stupid generation.


Vintage Keynesian Propaganda - The funniest bloopers are right here

Dec

7

Commie Keynes

Filed Under Communism, Economics, History, Socialism | Leave a Comment

Ilana Mercer writes on John Maynard Keynes and his disciples, the contemptible lot that they are.

The commie who controls the economy from the grave

“Why do people still fail to get Keynes, after all these years?” carped an impatient and uppity Paul Krugman, columnist for the New York Times.

Krugman, an avowed Keynesian – and the recipient of the 2008 Nobel Prize in Economics – replied robotically:

“For – though no one will believe it – economics is a technical and difficult subject.”

In other words, leave it to the experts.

Diminishing ordinary people, like demonizing private enterprise, is essential Keynesianism. Ditto “semantic obscurity.” Keynes “clothed the simplest proposition in the most complicated phraseology,” writes the author of “Keynes At Harvard: Economic Deception as a Political Credo.”

READ ON AT WORLDNETDAILY

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