Wednesday, March 30, 2011

Twelve Alternative News/Blog Sources

Besides the news service I currently work for, I also frequent these websites, or at least try to:

1. Zero Hedge
2. Minyanville
3. Lew Rockwell
4. The Contrarian Take
5. AuContrarian Blog
6. Sovereign Man
7. American Vision
8. Calculated Risk
9. Comstock Partners
10. The Big Picture
11. SHTF Plan
12. How to Vanish

And three honorable mentions:
13. Christianity Today
14. Books and Culture - A Christian Review
15. Market Watch

(Also check out the links on the left side bar of the screen. Hint: Press Ctrl + F. Then enter "inform your worldview".)

Tuesday, March 29, 2011

C.S. Lewis on the Worst Kind of Tyranny

C.S. Lewis on the worst kind of tyranny:
Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.
Taken from Thomas Sowell's Favorite Quotations

Monday, March 28, 2011

Video: The Phony Case for Presidential War Powers

Impeach Barack Obama? Why Not.

Several important figures in the libertarian movement have stepped in and opined on the President's justification of his sending the U.S. military to attack Libya. All these essays were written before tonight's speech. The third essay wasn't even written this year.

Here are three important essays:

1. Impeach Barack Obama by John Walsh
2. The Phony Arguments for Presidential War Powers by Thomas Woods
3. The Case for Impeachment of President Barack Obama by David Lindoff

Video: Chipotle Protest in Columbia Heights

Who wants to see me on Youtube? (Be easy on me. It was my first time on camera.)

Shot from Columbia Heights, Washington, DC

Lew Rockwell: No Wonder Obama Got the Nobel Peace Prize

Lew Rockwell on Facebook:
No wonder Obama got the Nobel peace prize from the Norwegian politicians. He has abolished war! From now on the US will only kill boatloads of people and spend vast amounts of your money on “kinetic military actions.”

Wednesday, March 23, 2011

Featured on InfoWars, Too

Man, this "googling" has to stop. I just found out Infowars picked up my piece on Kathleen Sebelius saying the Obama Administration was going to fully implement the law despite Judge Vincent of Florida issuing his stay.

Read it here.

Featured, Again - This time on a CA Blog

A little "googling" can go a long way. I found my work re-posted on CA Political News & Views. This is the one where I questioned Department of Education Secretary Arne Duncan on the constitutionality of the Dept. of Education. (Video Below)

Featured on "The Moral Liberal" - And Didn't Even Know It!

Apparently, I have been featured on The Moral Liberal a few times and I didn't even know it. Today, I was featured twice in the "Liberty Alerts" section.

Check out the writings on The Moral Liberal here.

My Article has been bumped to 'Feature' Status

My. My. How 24 hours, additional content, and editing will elevate you.

Should Obama Be Impeached for War Crimes?

Sunday, March 20, 2011

The Government Owes You Nothing - Legally

Structural problem #5 with Social Security is that the government owes you nothing, but you owe it something:
Many Americans believe that Social Security is an ‘‘earned right.’’ That is, because they have paid Social Security taxes they are entitled to receive Social Security benefits. The government encourages this belief by referring to Social Security taxes as ‘‘contributions,’’ as in the Federal Insurance Contributions Act. However, the Supreme Court has ruled, in the case of Flemming v. Nestor, that workers have no legally binding contractual or property right to their Social Security benefits, and those benefits can be changed, cut, or even taken away at any time.
Excerpted from Chapter 17, Cato Handbook for Policymakers, 7th Edition (2009).

Video: Ralph Nader @ Anti-War Rally

Video: Daniel Ellsberg @ Anti-War Rally

Benefits of Social Security Privatization to the Poor

It lifts poor out of poverty:
The higher returns and benefits of a privately invested system would be most important to low-income families, as they most need the extra funds. The funds saved in the individual retirement accounts, which could be left to the children of the poor, would also greatly help families break out of the cycle of poverty
Similarly, the improved economic growth, higher wages, and increased jobs that would result from an investment based Social Security system would be most important to the poor. Moreover, without reform, low-income workers will be hurt the most by the higher taxes or reduced benefits that will be necessary if we continue on our current course. Averting a financial crisis and its inevitable results would consequently be most important to low-income workers.
Excerpted from Chapter 17, Cato Handbook for Policymakers, 7th Edition (2009).

Structural Problem #4 with Social Security

It disproportionately effects blacks and other minorities:
Private investment would pay low-income workers significantly higher benefits than Social Security can pay. And that does not take into account the fact that blacks, other minorities, and the poor have below-average life expectancies. As a result, they tend to live fewer years in retirement and collect less in Social Security benefits than do whites.
Excerpted from Chapter 17, Cato Handbook for Policymakers, 7th Edition (2009).

Structural Problem #3 with Social Security

Excerpted from It's Your Money:
Finally, there is no choice under the current system. You are forced to participate in a retirement system with very little return, no ownership, and no inheritability.

Structural Problem #2 with Social Security

Excerpted from It's Your Money:
Second, because there is no ownership, there is also no inheritability. When you and your spouse pass away, the money simply disappears. A reformed Social Security system should ensure that the money you pay into Social Security your entire working life goes to your loved ones.
(I think they meant heritability.)

Strucutural Problem #1 with Social Security

Excerpted from It's Your Money:
First, as confirmed by the Supreme Court in 1960, Americans have no ownership rights to the money they pay into Social Security. The federal government has no contractual obligation of any kind. What you get back—and, indeed, the age at which you qualify to receive benefits—is entirely up to the 535 men and women in Congress. That is simply wrong. It is your money. You work hard for it. You should own it.
For a full-length essay on this topic, read John Attarian's essay "What Property Right To Benefits?"

Saturday, March 19, 2011

Video: Chris Hedges @ Anti-War Rally

I was there.

Gary North on Rothbard's Devastating Criticisms

From the speech Murray Rothbard as Academic Role Model:
Murray, however, was more like Samson in the biblical motif. He wasn’t using the jawbone of an ass; he was using Human Action – intellectually speaking devastating anyone he challenged. Rothbard’s challenges—when you’re done reading a Rothbard critique of somebody, you almost feel sorry for the victim. I mean he will start at the kneecap—those go immediately. Then he starts working on the arms and coup de grĂ¢ce is when the head goes off.

Now this is completely different from David Gordon’s materials. Of course, he does it with this unbelievable slicing stiletto that the guy doesn’t know he’s got three or four mortal wounds in him and then they find the body drained of blood 20 minutes after the review is finished. You don’t see the guy being hammered to death, you just see at the end “you know I think he’s dead.”

With Rothbard you knew he was dead. You knew he was finished halfway through the review, but you just stuck around to see how the cou de gras would go.

Mises on Worshiping the State

From Omnipotent Government:
"The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men. The worst evils which mankind ever had to endure were inflicted by bad governments."

Tuesday, March 15, 2011

Laurence Vance on Libertarianism's Compatibility With Christianity

Laurence Vance has done us the tremendous favor of making a case for Christianity and Libertarianism being compatible - a far greater job than I've seen anywhere else.

Here is an excerpt:
So, all that being said, my short answer to the question of whether libertarianism is compatible with is religion yes. But since it would not be enough just to say "I am religious, I am libertarian, so the answer to the question has to be yes, thank you and good day," my long answer is what follows.

He continues:
So, why do I think that religion – in this case the Christian religion – is compatible with libertarianism? Let me give you two verses of Scripture, one from the Old Testament and one from the New, since Christians accept the authority of both:

Proverbs 3:30 – "Strive not with a man without cause, if he have done thee no harm."

1 Peter 4:15 – "But let none of you suffer as a murderer, or as a thief, or as an evildoer, or as a busybody in other men’s matters."

These verses, my friends, embody the essence of libertarianism. Don’t kill anyone, don’t take what’s not yours, don’t do anyone wrong, don’t stick your nose in someone else’s business, and don’t bother anyone if he hasn’t bothered you.

Read the rest here: Is Libertarianism Compatible with Religion?

P.J. O'Rourke: Don't Vote It Just Encourages the Bastards

Ben Friedman on our Foreign Policy

Ben Friedman on our priorities:
As my colleague Ben Friedman puts it, we "defend allies that can defend themselves, fight in other people's civil wars in a vain effort to 'fix' their states and burn tax dollars to serve the hubristic notion that U.S. military hegemony is what keeps the world safe."

Read Rising Generation Rejects "Globocop" Role

Wednesday, March 9, 2011

Video: Peter & Dick Morris Go Toe-to-Toe!

Dick Morris advocates a police state! Listen to this shocking interview.

What a big cry baby!!!

Gary North on "QE2"

Two Gary North quotes in one night...not bad:
Bernanke can get away with QE2 today only because commercial banks are not lending. If they start lending, M1 will rise, the M1 money multiplier will rise, and price inflation will return.

He has bought time with QE2, but he has not bought a way out of the credit bubble that Greenspan created and he created.

He can play hide and go seek with Ron Paul, refusing to show up at the hearings of the Monetary Policy Subcommittee. Congress cooperates. But he cannot play hide and go seek with the business cycle. Greenspan did, but he got out in 2006. He passed on the Old Maid to Bernanke.

Read "How to End the Federal Reserve System"

Gary North on "How to End the Federal Reserve"

As a site member of Gary North's website, a reader of his books, and a reader of his writings, I am continually impressed with Gary North's work. He is not the best writer in the world, nor in the top 100 or maybe 1,000. But his work nonetheless has my respect, and has challenged me, too.

Here is an excerpt from his latest article on Lew Rockwell's website:
Will Ron Paul get such a law passed by Congress and signed into law? No. Does this mean that the FED is forever untouchable? No.

We need the following:

1. A wave of price inflation caused by the FED
2. A subsequent recession caused by the FED
3. A depression caused by the FED
4. A wave of outage in response to the FED
5. An endless series of criticisms of the FED

This will result, ultimately, in the abolition of the FED. Whatever replaces it will decide the economic fate of Americans: Congress (hyperinflation) or the free market (economic stability).

But could the free market replace the FED without a catastrophe following? Yes. We are already seeing this in another sector of the economy.

Read How to End the Federal Reserve System

#Libertarian Daily Feature

This seems to be the second time in two weeks that I was featured on a blog site. By the time most people see this, I will no longer be featured. So here are the pics/proof.

Check out the #libertarian daily

Pinkney on the Hypocrisy of 'America's' Democracy

I have never read a word from this man, or perhaps even heard of him, but now that I did I respect Larry Pinkney, a veteran of the Black Panther party, as a writer and as a man. This is my first time reading anything from the Black Panther party and it is on point. I would deprive society of a public good if I didn't post this article.

Everyday Black, White, Brown, Red, and Yellow people in this actual one-party U.S. corporatist state are the de facto cannon fodder of the corporate / military Democratic and Republican Party foxes and wolves respectively.

And another:
Then of course there are the blatant right-wingers who cling to their own form of blind insanity and denial in search of yesterday; followed closely by the "liberals" who stand for absolutely nothing other than lofty rhetoric and the ultimate continuation of this hypocrisy which they call democracy. Cover Story: The Hypocrisy of 'America's' Democracy - Keeping it Real By Larry Pinkney

Bizarro Land: Welfare to Cowboy Poets

The arguments against shrinking the State keep getting worse and worse. Harry Reid has stooped to an all-time low.

Mammas Don’t Let Your Babies Grow Up to Be Cowboy Poets - By Robert Costa - The Corner - National Review Online

Tuesday, March 8, 2011

Bizarro Land: Double Counting for Obamacare and Medicare

This is really classic.

The HHS Secretary Kathleen Sebelius told the truth about how Medicare and Obamacare is being funded.

Read it all here.

Monday, March 7, 2011

Bizarro Land: Giving Guns to Rebels, Drug Cartels, et al

Why does the U.S. Government give tax-payer funded military resources to rebels in Libya and drug dealers in Mexico but ban these same weapons to U.S. citizens?

Why do we then declare war on these people years later when they threaten us with the very weapons we gave them?

Why do we act surprised?

Where are these people’s licenses and registration for these weapons?

Why don’t they go through the bureaucracy?

We live in Bizarro Land...

Tuesday, March 1, 2011

The Flight into Real Values

I cannot stress how important it is that you understand this concept. It is something that is bound to happen in an increasingly inflationary environment.

According to the Mises Made Easier Glossary, The Flight into Real Values, or the Crack-Up Boom, is:
The frantic rush to spend all monetary savings and other available cash, buying goods, whether needed or not, in order to avoid holding, even for a short time, any rapidly depreciating monetary units. This occurs at that point in the development of inflation when the public is convinced that prices will continue to rise endlessly and at an accelerated pace. The flight into goods or real values is also known as a "Crack-up boom" (q.v.) and marks the complete breakdown of a monetary system.
It goes like this:

(1) People will begin to realize that the prices of all goods and services in the economy are rising.***

(2) People will realize that prices are continually going up.

(3) They will therefore buy now while prices are “low” rather than wait until prices go up again.

***Usually, economists mention that the reason the prices are going up and people are “unloading the currency” so quickly is because the purchasing power of the currency is weakening at a speedy rate.

Simple right? Let’s add some numbers to the mix.

Let’s say the price of peanut butter is $5 for a 1 lb on Monday. But on Tuesday the price increased to $7.50 which is a 50% increase from Monday. If this is the case, and if the consumer that wants peanut butter knows this will happen, what then is the rational thing to do? Buy Monday while the prices are low.

Without going into much detail, think about the micro-situation we as Americans are going through with gas.

Last Monday, prices were on average around $3.07 (roughly – I could be wrong. I am going by memory). This Monday, prices are on average $3.37 (again, roughly – I could be wrong. I am going by memory.) What is a person who wants gas to do?

Buy before the price goes up. (And for anyone who is wondering, the price of gas is expected to go up again)

To look at the problem in a slightly different way, let’s say the same thing happens in the automobile industry.

What if a new sports car is $50,000 one month, and then twelve months later it is $1,000,000? What then does it mean to be a millionaire? To extend the question, what then does it mean to be a millionaire if you can only buy one sports car with all of your money?

Not much.

So when will we see this kind of behavior?

The answer: during a hyperinflation.

During hyperinflation – defined as an increase in CPI at 50 percent per month – a scenario like the one above is the norm. Since I am more learned in economics than when I first started blogging in winter 2009, I no longer believe hyperinflation is a certainty, although I do still believe that high inflation is a mathematical certainty. (For those who wonder why, read Michael Pollaro’s recent article called America, Poised for a Hyperinflation?")

So we have seen that the phenomena leading to the flight of real values not only hurts the poor, it also hurts the “rich” as well. The only way to avoid this flight—as much as you can—is to buy what you need early. And as I’ve mentioned before in other blog posts, some things you just can’t buy in advance. (Like a doctor’s visit or gas [at least in a state-approved storage unit])

For inflation to be reversed, the supply of money must be contracted (the Federal Reserve must raise the Federal Funds Rate). Unfortunately, this correction will cause a further depression which is why it is better the government doesn’t get in the business of inflating the money supply in the first place.

Also check out the videos I’ve posted on the site during the last two weeks. I’m sure there is something to pique your interest. (At least I hope so)

Timely reading
“The Mirage Of Inflation” Chapter 22, Economics in One Lesson by Henry Hazlitt

Peter Schiff Show Exlusive w/ Teacher of the Year Tracey Bailey

Video: Dr. Salerno on the Federal Reserve Pt.1

WCF Chapter One "Of Holy Scripture" Sunday School (Sept.-Oct. 2021)

Our text for Sunday School (also "The Confession of Faith and Catechisms") Biblical Theology Bites What is "Biblical Theology...