If you want honest money, you have to get government completely out of the money business. From Jacob G. Hornberger at fff.org:
The U.S. Constitution states:
Article 1, Section 8
1. The Congress shall have Power …
5. To coin Money, regulate the value thereof, and of foreign coin….
6. To provide for the punishment of counterfeiting … current coin of the United States.
Article 1, Section 10
- No state shall … emit Bills of Credit and make any Thing but gold and silver Coin a Tender in Payment of Debts.
The intent of the Framers could not have been clearer. The Constitution clearly and unequivocally brought into existence a monetary system based on gold coins and silver coins being the official money of the United States.
Just because a president tells you he’s not taking the country into war doesn’t mean he won’t take the country into war. From Jacob G. Hornberger at fff.org:
President Trump’s campaign of “maximum pressure” against Iran reminds me of President Franklin Roosevelt’s similar campaign against Japan prior to the Japanese attack on Pearl Harbor.
After England declared war on Germany, owing to the latter’s invasion of Poland, the American people were overwhelmingly opposed to entry into the war. That was because they recognized that U.S. interventionism into World War I, which cost the lives and limbs of tens of thousands of American soldiers and severely infringed on the liberty of the American people, had accomplished nothing.
Americans had no interest in doing it again. Their mindsets were similar to those of our American ancestors, whose founding foreign policy was to avoid involvement in Europe’s forever wars.
In his 1940 campaign for president, Roosevelt told the American people that he was with them in their opposition to foreign wars. He said to them, “I’ve said this before, but I shall say it again and again and again: Your boys are not going to be sent into any foreign wars.”
Posted in Foreign Policy, Geopolitics, Government, Horseshit, Imperialism, Military, Politics, War
Tagged Franklin Delano Roosevelt, Iran, Japan, President Trump
The original New Deal was a disaster, the Green New Deal will be even more so. From Laurence M. Vance at fff.org:
We have heard much this year about how much the country needs a Green New Deal to reverse the negative effects of climate change, ensure economic security, revamp the nation’s transportation system, restore damaged ecosystems, secure a sustainable environment, and achieve justice and equality. Overlooked in all of the analyses of the Green New Deal is that Americans didn’t need the original New Deal.
The Green New Deal
On February 7, newly elected Rep. Alexandria Ocasio-Cortez (D-N.Y.) introduced in the U.S. House a resolution (H.Res.109) “recognizing the duty of the Federal Government to create a Green New Deal.” On the same day, the veteran Sen. Edward Markey (D-Mass.) introduced a companion resolution (S.Res.59) in the U.S. Senate. According to the U.S. Senate, “A simple resolution addresses matters entirely within the prerogative of one house,” is “also used to express the sentiments of a single house,” or may simply give “advice.” Simple resolutions require neither the approval of the other House of Congress nor the signature of the president, as they do not have the force of law.
Posted in Business, Collapse, Debt, Economics, Economy, Government, History, Law, Politics
Tagged Franklin Delano Roosevelt, Green New Deal, New Deal
Speaking of fascism, how about the US’s most fascist president, Franklin Delano Roosevelt? From James Bovard at mises.org:
Franklin Roosevelt did more than any other modern president to corrupt Americans’ understanding of freedom. Last week was the 75thanniversary of his 1944 speech calling for a second Bill of Rights to guarantee economic freedom to Americans. Nation magazine whooped up the anniversary, proclaiming that Democrats now have a “unique—and likely fleeting—opportunity to deliver where FDR fell short” with vast new government programs.
The 1944 speech, given as the tide in World War Two was finally turning, was a followup of his 1941 “Four Freedoms” speech which exploited Americans’ rising apprehensions tosee far more power for the government. Roosevelt promised citizens freedom of speech and freedom of worship and then, as if he was merely enumerating other self-evident rights, declared: “The third [freedom] is freedom from want . . . everywhere in the world. The fourth is freedom from fear . . . anywhere in the world.” Proclaiming a goal of freedom from fear meant that government should fill the role in daily life previously filled by God and religion. Politicians are the biggest fearmongers, and “freedom from fear” would justify seizing new power in response to every bogus federal alarm.
FDR’s list was clearly intended as a “replacement set” of freedoms, since otherwise there would have been no reason to mention freedom of speech and worship, already guaranteed by the First Amendment. The “four freedoms” offered citizens no security from the State, since it completely ignored the rights guaranteed in the original Bill of Rights that restricted government power, including the Second Amendment (to keep and bear firearms), the Fourth Amendment (freedom from unreasonable search and seizure), the Fifth Amendment (due process, property rights, the right against self-incrimination), the Sixth Amendment (the right to a speedy and public trial by an impartial jury), and the Eighth Amendment (protection against excessive bail, excessive fines, and cruel and unusual punishments).
Christmas 2018 is hardly the most dire Christmas America has faced. From Patrick J. Buchanan at buchanan.org:
“Deck the halls with boughs of holly,” goes the old Christmas carol. “‘Tis the season to be jolly.” Yet if there were a couplet less befitting the mood of this capital city, I am unaware of it.
“The wheels are coming off,” was a common commentary on the Trump presidency on Sunday’s talk shows. And the ostensible causes of what is looking like a panic in the political establishment?
The December crash of the stock and bond markets, the worst since the Great Recession. The shutdown of a fourth of the U.S. government over the Trump border wall. The president’s decision to pull 2,200 troops out of Syria. Resignation, in protest of Donald Trump’s treatment of U.S. allies, by Secretary of Defense James Mattis.
But there has to be more to it than this. For America has endured, in the lifetime of its older generations, far worse Christmases than this.
Posted in Foreign Policy, Geopolitics, Government, History, Politics, Religion, War
Tagged Christmas, Franklin Delano Roosevelt, Pearl Harbor, President Trump, Syria, World War II
Socialists disown Hitler although Socialist is in the Nazi name (Nationalsozialistische Deutsche Arbeiterpartei (National Socialist German Workers’ Party). Keynesians disown Hitler although many of his economic policies are straight from Keynes’ playbook. From Llewellyn H. Rockwell Jr. at mises.org:
[Originally published August 02, 2003.]
For today’s generation, Hitler is the most hated man in history, and his regime the archetype of political evil. This view does not extend to his economic policies, however. Far from it. They are embraced by governments all around the world. The Glenview State Bank of Chicago, for example, recently praised Hitler’s economics in its monthly newsletter. In doing so, the bank discovered the hazards of praising Keynesian policies in the wrong context.
The issue of the newsletter (July 2003) is not online, but the content can be discerned via the letter of protest from the Anti-Defamation League. “Regardless of the economic arguments” the letter said, “Hitler’s economic policies cannot be divorced from his great policies of virulent anti-Semitism, racism and genocide.… Analyzing his actions through any other lens severely misses the point.”
The same could be said about all forms of central planning. It is wrong to attempt to examine the economic policies of any leviathan state apart from the political violence that characterizes all central planning, whether in Germany, the Soviet Union, or the United States. The controversy highlights the ways in which the connection between violence and central planning is still not understood, not even by the ADL. The tendency of economists to admire Hitler’s economic program is a case in point.
Back in the 1930s and 1940s, media figures who incurred Roosevelt Administration disfavor were banished, and there was no internet to turn to as an alternative. There’s a cottage industry devoted to canonizing FDR, but the man was a first class liar and son of a bitch. This is a long article, but well worth reading. From Ron Unz at unz.com:
Although I’ve soured on him in recent years, for the first decade and more of Paul Krugman’s tenure at the New York Times I regarded him as about the only national columnist worth reading. Certainly many others felt the same way, and Krugman regularly ranked among the most influential liberal voices in the country, gaining that position by his uniquely strong stance against the Iraq War plans of President George W. Bush, while his prestige was capped by winning 2007 Nobel Prize in Economics.
But few probably remember that just a couple of years into his column there was a concerted effort to pressure the Times into firing him, a campaign spearheaded by blogger Andrew Sullivan, then an ardent Bush supporter. Given the steady drum-beat of harsh accusations and the climate of that period, I had feared that it would succeed. Now suppose that he had been purged from all media access in 2002, and also that Bush’s Iraq adventure had turned out to be a considerable success, rather than the utter disaster it actually became. A couple of decades hence, would anyone remember Krugman, except in some minor historical footnote recounting the misguided naysayers whom our heroic President “W” had fortunately overcome?
Perhaps by 2040 any mention of Krugman’s name would either draw a blank stare or evoke a vague sense that he had been some sort of disreputable radical activist, perhaps with pro-Islamicist leanings and even suspected by some of having had a hand in the 9/11 attacks. History has traditionally been written by the political winners, and this was especially true in the days before the growth of the Internet weakened the total monopoly of our establishment media.
These were some of the thoughts that gradually crossed my mind during the middle part of the 2000s as I discovered some remarkable anomalies while creating my content-archiving website, a system intended to provide convenient access to millions of articles from America’s most influential publications of the last 150 years. Since I had never really studied American history, my views were generally quite conventional ones, formed from a mixture of the History 101 classes I had taken and what I had casually absorbed over the years from all the newspapers and magazines that I read.
To continue reading: American Pravda: Our Great Purge of the 1940s