The Federal Reserve System (the Fed) was established in 1913 as one of the cornerstones of the Progressive agenda. They said it was a way to stop the boom and bust cycle which has always been a fixture of capitalist economies. The Fed is America’s third Central Bank. The First and Second Banks of the United States were born out of Alexander Hamilton’s ideas as | Read More »
As those of you who follow these wandering pages know I have recently re-aligned my life to turn and face the strange changes that are overtaking Western Civilization with ever increasing speed. Like ripples whose shape and size shifts but never leave the stream, change is the only constant in a society careening towards a cliff. The descendants of those who built the empire no | Read More »
Let’s Learn From the Past and Stop Spending the Future Remember the BP oil spill? We can still learn a few things from that experience. In the constantly multiplying days since the BP oil spill all we have received from President Obama are many nuanced, vetted, and parsed versions of Bart Simpson’s famous dodge, “I didn’t do it, nobody saw me do it, there’s no | Read More »
Has America reached the stage where we all stand in a circle and take turns holding a constantly shrinking dollar? If our Dear Leader and the Daley led Outfit wins re-election next year perhaps a few more people will see the hand writing on the wall. Though the Constitution is undeniably the greatest work to come from the hand of man, though it provided | Read More »
The economy is scheduled to plunge off a cliff in January. Back in the first two years after the Progressive’s November Revolution of 2008, the big government party enacted tax increases not scheduled to take place until after the 2012 elections. They also passed Obamacare which carries within it multiple tax increases, which are also scheduled to take affect after the 2012 election. Combine these | Read More »
All bubbles burst. This is a law of nature. No matter from what material the bubble arises. No matter what forces propel its expansion. All bubbles burst. Actually the science of bursting bubbles has recently popped into the forefront of scientific discovery. Conventional wisdom has taught since the beginning of time that when a bubble bursts it simply vanishes. However, recent observations using high speed | Read More »
When taxes become destructive they’ve surpassed the consent of the governed bending to the will of tyranny. When regulations strangle competition instead of securing it from evil combinations they’ve become counterproductive and defeat the very purpose for which they were proposed. When foreign entanglements bleed the nation but do not secure the peace or defeat the enemy they’ve become interventionist vehicles for vested interests. When | Read More »
First, I would ask myself how did our ancestors build America from an agricultural colony on the edge of civilization into the number one manufacturing and commercial nation the world had ever known. Why reinvent the wheel if round ones still roll? The early American colonies of the British were founded based upon the economic ideas of Mercantilism. Governmental regulation of industries, trade, and | Read More »
Americawas founded as a FederalRepublic. This means our nation was designed to have two levels of sovereignty. The States which pre-date the central government and which created the central government is to be one level and the central government they created was to be the second. The separate States first combined to found a central government when they drafted and ratified the Articles of Confederation | Read More »
Benjamin Franklin told us, “Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters.” Socialism is a debilitating confidence game dressed up as an ideology used by demagogues and want-to-be dictators to fool its victims into believing it is possible to have your cake and eat it too. Those who fall under the spell of | Read More »
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