Showing posts with label American economy. Show all posts
Showing posts with label American economy. Show all posts

Friday, December 23, 2011

We Should Learn Something About the Science of Economics

The following are some quotes by the great economist Ludwig von Mises. These are important because our political class will try to pull one over on us every time. But we can protect ourselves by becoming familiar with the economic principles that made this country great in the first place. Today's politicians, never so much as Barack Obama, are defying these good economic rules and this can end only one way - in slavery to the state.

Economics is not about goods and services; it is about human choice and action.

Despots and democratic majorities are drunk with power. They must reluctantly admit that they are subject to the laws of nature. But they reject the very notion of economic law . . . economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.

All those not familiar with economics (i.e., the immense majority) do not see any reason why they should not coerce other people by means of force to do what these people are not prepared to do of their own accord.

The main achievement of economics is that it has provided a theory of peaceful human cooperation. This is why the harbingers of violent conflict have branded it as a dismal science and why this age of wars, civil wars, and destruction has no use for it.

Rulers do not like to admit that their power is restricted by any laws other than those of physics and biology. They never ascribe their failures and frustrations to the violation of economic law.

As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny is at stake.

The body of economic knowledge is an essential element in the structure of human civilization; it is the foundation upon which modern industrialism and all the moral, intellectual, technological, and therapeutical achievements of the last centuries have been built.
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War doesn't liberate; it enslaves. It is the state on overdrive: taxing, inflating, kidnapping, killing. February 25-25 2012 | Furman University, Greenville, SC
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Wednesday, July 27, 2011

Imploding America Brought to You by Obama

Alan Caruba at "Tea Party Nation" shows us the evidence that Obama's goal is NOT to right what is wrong with America but to destroy the very meaning of what America stands for. 2012 is our chance to remove this traitor from the highest office in the land.

...There is no mystery as to how the U.S. can recover from the present recession. Government spending must be reduced. Tax rates must be reduced for corporations and the middle class to encourage investment, growth and more employment. Entitlement programs will have to be revised to ensure they can meet their obligations. They represent sixty percent of all government expenditures.

A government that must borrow forty cents of every dollar to pay its debts and whose current debt of $14 trillion equals the entire annual gross domestic product of the nation is endangering the present and future economy for present and future generations of Americans.

At this writing, it looks as if Obama intends to deliberately implode the nation’s ability to meet its obligations and he has used the most raw fear tactics to achieve his goal, falsely claiming that Social Security checks would not be sent, that the military would not be paid.

If ever a President was begging for impeachment the time for such action has arrived. The evidence that he was ineligible to run for office and to hold it is beyond question, if only because he was not a “natural born” American whose both parents were citizens. His father was a citizen of Kenya.

Raise the debt ceiling. Impeach Obama. America must be set free. What he is attempting to bring about is the worst “change” imaginable in the nation’s history
. READ "Obama is Determined to Destroy America".