The Global Debt Clock

"The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception."
-- Friedrich Hayek
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HERE.
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Maybe I should move back to Vietnam where the debt per person is $500 versus $29K+ here........

Mises Wiki

Monday, November 15, 2010

This day in history

In 1763, Charles Mason and Jeremiah Dixon began surveying the Mason-Dixon line.

Too bad they didn't build the dang fence. (Amen!)

posted by Old Rebel @ Monday, November 15, 2010
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Mises Wiki

Reframing Reality

"Professor Robert Shiller of Yale was kind enough to provide the masses, also known as ‘sheeple’ as the elites prefer to call the majority of us, with his wit and insights into modern newspeak in the Sunday edition in an article titled Bailouts, Reframed as ‘Orderly Resolutions.’

The portion........from the article he penned implicates that “they” know more than we do and thus when “they” act, we should simply be thankful that “they” did something to save us from a necessary economic corrective phase which used to be framed as an economic “depression” but now is forever banished from the vocabulary because the brilliance of the American Illuminati can never permit such an occurrence.........

I have elected to reframe much of the reality and political econo-newspeak in terms that “us’uns who is too stoopid and unedumucated” can understand as future actions are undertaken by the obviously superior elites who think we are too naive to see the reality they seek to manipulate. I am simply providing a service, to my readers, where the original terminology needs to be broken down into “oldspeak” or the commoner’s English where the rest of us could understand what has happened and what the terms we have heard and shall hear actually mean."

Via Western Rifle Shooters Association

Dr. Milton Friedman's Video Library Of 15 Volumes

HERE.

Who Says Liberals Are Ignorant About Economics?

View their answers HERE.
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Also.

H.L. Mencken on the ‘God’ of Democracy

Posted by Thomas DiLorenzo on November 1, 2010 06:18 PM

“There’s really no point to voting. If it made any difference, it would probably be illegal.”

“Every election is a sort of advance auction sale of stolen goods.”

“Democracy is the theory that the common people know what they want and deserve to get it good and hard.”

“Under democracy one party always devotes its chief energies to trying to prove that the other party is unfit to rule — and both commonly succeed, and are right.”

Democracy has an “ineradicable tendency to abandon its whole philosophy at the first sign of strain. . .When the national safety is menace. . .all the great tribunes of democracy. . .convert themselves, by a process as simple as taking a deep breath, into despots of an almost fabulous ferocity.”

“The whole aim of practical politics is to keep the populace in a continual state of alarm (and hence clamorous to be led to safety) by menacing them with an endless series of hobgoblins, all of them imaginary.”

“As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. . . On some great and glorious day the plain folks of the land will reach their heart’s desire at last, and the White House will be adorned by a downright moron.” (Thanks to MJ for that one).

Via Bazz