Topic: Economics
Fred Thompson Wishes You Some "Holiday Cheer!" Although I am no supporter of Fred Thompson, I applaud anyone who understands some basic principles of Austrian economics.by Jake Towne, the Champion of the Constitution
(libertarian)
Wednesday, December 10, 2008
Although ex-Republican 2008 Presidential candidate Fred Thompson recently announced he was withdrawing his intent to join the RNC and instead return to acting, I believe he made a shrewd political move (or suicide??) here with this Youtube video release, which was well worth 8 minutes of my time even though I almost chortled myself to death near the end. As the Obama birth saga continues, I can not take too much more political humor.
In the video, Thompson makes a mockery of the entire federal government involving their bailout "plans." I suspect he may have even read some of the libertarian Austrians like Mises or Hazlitt after hearing him use the hole-digging stimulus plan example. (Special Offer to Readers: Receive Hazlitt's Economics in One Lesson from 1946 by emailing me or leaving your address below FOR FREE in PDF format. Yes, I know its a little old, but trust me, it has never been more relevant to explain why and how our government will utterly fail!) (photo)
On his political blog, Thompson has written about his fears for America with the Democrats led by Senators Obama, Biden, and Clinton in charge and the Republicans relegated to the political sideline.
This is where Fred and I start to differ. A lot. I hold that it would not matter if the Republicans were in charge either. Why? Just look at what has happened this year, with a split Senate, House with just a 38-seat Democrat advantage AND a Republican President. With the pleasant exception of Dr. Paul, they are all just a bunch of plundering goons like Bastiat warned us all about in his monumental 1848 work, "The Law." [CAUTION! "The Law" has infected record amounts of Republicans and Democrats with libertarian fever.]
My suggestion of the day tell members of Congress that to earn their $169,000/year salary, they must just go and dig holes in the Nevada desert. At least that way they can not start new wars and continue to wreck our economy. Maybe they will find some gold or silver.
"Whisper in the yard and turn the trees all into toys. Lay there on the ground, and turn the dirt into your joy. From what I see and what I know, it's all been boring lately. So I suggest we trade a question mark in for a maybe. Time your riddles right, and make a point that has no sense. Make sure that you're smiling, and the money's been well spent. Innocence and ignorance, it all goes hand in hand."
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
As always, unlike the NFL, the author grants full permission to allow any accounts of, rebroadcasts, retransmissions, repostings in part or full of this article to your blog or anywhere else in order to promote the Restoration of our Republic.
Veritas numquam perit. Veritas odit moras. Veritas vincit. Truth never perishes. Truth hates delay. Truth conquers.
The Money Matrix - What the Heck Are Derivatives? (PART 10/15) Published: December 9, 2008 This article seeks to define financial derivatives and why they are so important. Future and spot market basics are also examined so the Reader understands how the price of gold and silver is determined.
On Gold and Market Manipulation Published: December 8, 2008 "Gold is Money, and Nothing Else." - JP Morgan before Congress's Pujo Commission, 1913
Will Joey Biden Be President? THE BARACK OBAMA BIRTH SAGA CONTINUES (Updated 12/9/08) Published: December 7, 2008 When I first started writing on the constitutional eligibility of both Barack Obama and John McCain after the conventions, I thought the issue would be quickly silenced. Forgive my chuckling and a cheer as the forces of the Constitution continue their valiant charge for that "damn piece of paper."
The Next Bubble to Pop! Published: December 7, 2008 "These days, I am more concerned with the return OF my capital, not the return ON my capital." - attributed to Mark Twain
SPOOF: New Element Discovered in America! Published: December 5, 2008 The heaviest element ever was discovered yesterday by Franklin Delano Mussolini Laboratories of Washington, DC. Read all about it!
Words of Advice for the next Secretary of State Published: December 3, 2008 President-elect Barack Obama recently announced his pick for SecState: Senator Hillary Clinton. Here is some advice for her, from a former Secretary of State by the name of John Quincy Adams.
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Posted By: Andrew Hughes
Date: 2009-01-21 03:43:27
I watched this one a little while ago and the first thing that went through my mind is that line from Red October, where Fred says to Alec Baldwin.. "Russians don't take a dump, son, without a plan" In today's world, the Fed doesn't do anything without a plan and it's the plan that's the scariest.
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In the video