Thursday, May 29, 2008

It's ALL about the economy now

Tuesday, May 27, 2008

Listen, Little Man

I understand you. Because time and time again I've seen you naked in body and soul, without your mask, political label, or national pride. Naked as a newborn babe, naked as a field marshal in his underclothes. I've heard you weep and lament; you've told me your troubles, laid bare your love and yearning. I know you and understand you. I'm going to tell you what you are, little man, because I really believe in your great future. Because the future undoubtedly belongs to you, take a look at yourself. See yourself as you really are. Hear what none of your leaders or spokesmen dares to tell you:

You're a "little man," a "common man." Consider the double meaning of these words "little" and "common"...

Don't run away! Have the courage to look at yourself!

"By what right are you lecturing me?" I see the question in your frightened eyes. I hear it on your insolent tongue. You're afraid to look at yourself, little man, you're afraid of criticism, and afraid of the power that is promised you. What use will you make of your power? You don't know. You're afraid to think that your self--the man you feel yourself to be--might someday be different from what it is now: free rather than cowed, candid rather than scheming; capable of loving, not like a thief in the night but in broad daylight. You despise yourself, little man. You say "Who am I that I should have an opinion, govern my life, and call the world mine?" You're right: who are you to lay claim to your life? I will tell you who you are.
Highly recommended. (now a link on the side panel here)

Monday, May 26, 2008


"Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive." --C.S. Lewis

Thursday, May 22, 2008

The Economics of Violent Intervention in the Market

...except in the case of the “private property” of a hereditary monarch, government officials own the current use of resources, but not their capital value. But if a resource itself cannot be owned, but only its current use, there will rapidly en­sue an uneconomic exhaustion of the resource, since it will be to no one’s benefit to conserve it over a period of time, and yet to each owner’s advantage to use it up quickly. It is particularly curious, then, that almost all writers parrot the notion that pri­vate owners, possessing time preference, must take the “short view” in using their resources, while only government officials are properly equipped to exercise the “long view.” The truth is precisely the reverse. The private individual, secure in his capi­tal ownership, can afford to take the long view because of his in­terest in maintaining the capital value of his resource. It is the government official who must take and run, who must exploit the property quickly while he is still in command.
Why government was doomed to fail from the start.

Again, it's the Gun in the Room.

And almost no one sees it as the cause.

Hang on tight.

Highly recommended.

Wednesday, May 21, 2008

It's begun

High gas prices have driven a Warren County farmer and his sons to hitch a tractor rake to a pair of mules to gather hay from their fields. T.R. Raymond bought Dolly and Molly at the Dixon mule sale last year. Son Danny Raymond trained them and also modified the tractor rake so the mules could pull it.
Like I've said many times...

Brother Robert Raymond added, "It's the way of the future."
Full article.

Sunday, May 18, 2008

A solution

Much easier to do when you have a relatively small
government with the population to match...
We had dinner with a fellow who made a real change - Jose Pinera. As Chile's Labor Minister in the '80s, he completely changed the system of public pension financing and provided a model for the rest of the world.

We'll let Jose tell his story as he told it to us last night:...
See his story and some real inflation numbers.

Saturday, May 17, 2008

The real non-system underneath

These systems are so intricate that they often look as though they've been designed from the top down. So our minds naturally infer the existence of an intelligent designer for complex life and a government designer for complex economies. This is why we instinctually look to Fed chairman Ben Bernanke, Treasury secretary Henry Paulson, or Congress and the President to fix the economy.
Full article.

Friday, May 16, 2008

Welcome to a 'recession'...

...Federal Reserve created.

Now they're going to fix it.

Bank repossessions jumped 145 percent in April from a year earlier to 54,574, according to Irvine, California-based RealtyTrac. The company has database of more than 1.5 million properties and monitors foreclosure filings including defaults notices, auction sale notices and bank seizures.

Banks will seize about 60,000 properties a month through December, when about 1 million U.S. homes, or a quarter of all homes for sale, may be bank-owned, Rick Sharga, RealtyTrac's executive vice president of marketing, said in an interview.

Monday, May 12, 2008

The home of the future

The future doesn't look so bad after all, does it...

See the easy construction details.

Sunday, May 11, 2008

Virtually-Assured Destruction of Authority and other force related crime

See what I mean.

Check it out here and here.

Monday, May 05, 2008

The Fed has, in effect, made itself the world's largest financial shit-magnet.

That title says it all.

The proof...


Friday, May 02, 2008

Welcome to The New Dark Age

It is not a difficult matter for the government to command the allegiance of the people. Besides the threat of force there exists, in each of us, the primitive urge to run with the herd for its survival benefit. Convince people that theirs is the good side and the force seldom has to be used.

"A government is not the expression of the will of the people, but rather the expression of what the people will tolerate."

An individual sprays gunfire on a group of strangers. We regard such an individual as crazed. The highest political officials in the land spray fire upon an entire country of strangers. Some individuals call for the arrest of the criminal perpetrators. We regard such individuals as crazed.
Full essay.