A Great Article for the Fourth of July!!!
Thanks go out to reader Yitz Weiss for sending me the link to this article. I hope you enjoy it and Happy 4th of July to all you Americans out there!!
Thanks go out to reader Yitz Weiss for sending me the link to this article. I hope you enjoy it and Happy 4th of July to all you Americans out there!!
Leadership, economics, and politics have been so thick on this blog for a while now I can't help acting upon impulse to bring you a little poetry. One of my favorites is Leonard Cohen. This is a rendition of one of his songs performed by none other than Bon Jovi. I hope you enjoy this little radical departure from the norm for this site! Consider this your art class for the day!
The Ludwig Von Mises blog, always an interesting read, recently posted an article that caught my attention. It's bad enough the overblown religion of global warming has the traction it does, but, hey, everyone is free to believe what they want to believe. But when it starts to become "treason" to oppose such fancies, that's when things have gone too far. For more of the details, check out the blog. Remember, the ferocity with which someone bites back after their ideas have been attacked is often a sign of hysterical fanaticism. We can and should be able to discuss opposing points of view, but name calling is a strategy that usually covers up a deeper motive. (Click on photo for larger image. Source: Energy and Environment, 2003)
Okay, okay, how many times can I quote one author? The following quote is so sobering it should make the staunchest partisans on either side stop and take a cold, hard look. It comes from G. Edward Griffin and his book, The Creature from Jekyll Island:
Have you ever heard that figures don't lie but liars can figure? Most of what passes for "economic commentary" these days is closer to the latter than the former. As long as the "experts" make it all sound complicated the masses can be duped. But it is actually very simple. Our government is fleecing us and using the power of the unconstitutional Federal Reserve to do it. The US money supply is created from debt which didn't exist a moment before it was loaned to the government for the very purpose of creating it. Sound strange? It is. It's not high finance it's highway robbery, and the numbers are staggering. For a very sobering, real-time look at the drainage of our well-being and the erosion of our dollar, check out the following Debt Clock. We ought to be ashamed of ourselves for letting this continue. (Thanks to reader Clyde Keep for sending this along).
I have contributed many posts on this blog detailing the perplexing operation of the fiat money system propagated by the Federal Reserve System in the United States. Incredibly, president Obama is now proposing even more power to the Fed! I don't agree or endorse everything Congressman Ron Paul says, but his comments in this video concerning this proposed expansion of control for the Fed are clear, candid, and correct. It is extremely important that We the People awaken to the dangersous waters in which we are swirling. Being informed is the first step to righting the ship. Please share this and other posts, as well as those on Orrin Woodward's blog, with anyone you can. The truth can make a difference!
The following is from American Affairs magazine, January 1946 issue:
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