The Liberation of the Demons. Mises Daily: Ludwig von Mise

Freedom and Federalism
[Thomas DiLorenzo will be teaching Freedom and Federalism: The Libertarian States' Rights Tradition, a 4-week online course for the Mises Academy, February 2 – February 29.]
Americans — and much of the rest of the world — have been deprived of
one of the most important means of establishing and maintaining a free
society, namely, federalism or states' rights. It is not just an
accident that states' rights have either been relegated to the memory
hole, or denigrated as a tool of racists and other miscreants. The
Jeffersonian states'-rights tradition was — and is — the key to
understanding why Thomas Jefferson believed that the best government is
that which governs least, and that a limited constitutional government
was indeed possible.Mr. Rubenstein, You're No Adam Smith. Mises Daily: by James E. Miller

It seems like a simple question, but many who pass as authorities in the court of public opinion are dreadfully wrong on the answer. Ludwig von Mises described capitalism as "essentially a system of mass production for the satisfaction of the needs of the masses." Friedrich Hayek called it "the system of free markets and the private ownership of the means of production," which is an "essential condition of the very survival of mankind."
Paul vs. Gingrich on Patriot Act, Liberty, and Security. by Mac Slavo
Former Speaker
of the House Newt Gingrich and Congressman Ron Paul debate the Patriot
Act and its implications for America.
Do we repeal
the act, as Ron Paul would prefer, or do we strengthen it to further
expand the government’s anti-terrorism capabilities?
Of Bankers and Ship Captains. by Bill Bonner
Will no one
rise to the defense of Captain Francesco Schettino? No? Then we
will!
The poor man
is calumnied as a pusillanimous incompetent. Just because he hit
a rock. Heck, anyone with a ship that big could hit a rock. And
the rock wasn’t s’posed to be there!
This incompetence
charge is completely baseless. He had even tested almost the exact
same route under almost the exact same conditions back in August.
He sailed through the straits without a scratch. It was perfectly
reasonable for him to conclude that the passage was safe. Perhaps
someone put the rock there, just to catch him out.
Adelson, Gingrich, and the Selling of America
If you want to know what’s wrong with our campaign finance laws – and our political system in a more general sense – look at the way Sheldon Adelson is buying the Republican nomination for his sock puppet, Newt Gingrich.
Right now, the anonymous donors to a political action committee, or PAC, can buy ads on behalf of – or against – a candidate, and spend unlimited amounts as long as there is no official connection between the PAC and any candidate. This degree of separation, however, is pure fiction: in reality, “former” aides to the candidate can and do operate these “Super PACs,” which are funded by one Daddy Warbucks or another: no overt coordination is necessary. What’s important here is disclosure, or the lack of it: the PACs don’t have to say who is funding these ads, only that the “Committee for Good Government” or some such semi-fictional entity is paying for it. In this way, Adelson – a casino billionaire, one of the richest people in the country – can drop a cool $10 million into the race (with more in the pipeline) and in effect buy the election, without the average voter knowing who is paying the bills. In short, Adelson can operate in the dark, as far as Joe Voter is concerned – and darkness is what the Adelsonian agenda requires above all.
So what is Adelson’s agenda?
The US Government Is Bankrupt. by Doug Casey
Everyone knows
that the US government is bankrupt and has been for many years.
But I thought it might be instructive to see what its current cash-flow
situation actually is. At least insofar as it's possible to get
a clear picture.
As you know,
the so-called Super Committee recently tried to come up with a plan
to cut the deficit by $1.5 trillion and failed completely. To anyone
who understands the nature of the political process, the failure
was, of course, as predictable as it was shameful. What's even more
shameful, though, is that the sought-after $1.5 trillion cut wasn't
meant to apply to the annual budget but to the total budget of the
next 10 years – a fact that is rarely mentioned.
Doug Casey on the Collapse of the Euro and the EU Interviewed. by Louis James
L: So Doug,
a lot of readers are concerned about what's going on in Europe.
Is this the beginning of the proverbial "it?" Or can the
Eurozone be saved?
Doug:
In brief, the answers are "yes," then "no" –
and a "good riddance" to both the Eurozone and the euro.
But most people think the old order should be maintained at almost
any cost. That would include George Soros, who recently penned an
article called Does
the Euro Have a Future?
Now, I don't
normally look to Soros for economic commentary, despite the fact
that he's one of the shrewdest and most successful speculators in
the world. He does, however, represent the way the Davos people,
Eurocrats, and the ruling classes in general think. But just because
he's made a lot of money doesn't make him an expert in economics,
any more than financial success is proof that Ted Turner, Bill Gates
or Warren Buffett know anything about economics. They're all idiot
savants, a bit like Dustin Hoffman's character in Rain Man.
But that's another subject.
BBC's Biased Coverage of Capitalism
– by Tibor Machan
Dr. Tibor Machan
Ron Paul Has Already Won
– by Staff Report
Stop Internet Censorship
– by Ron Paul
Dr. Ron Paul
TSA and a Free Country: Are they Compatible?
– by Tibor Machan
Dr. Tibor Machan
NHL Hockey Star Endorses Ron Paul?
– by Anthony Wile
Anthony Wile
Megaupload's Planned Music Locker - Example of Private Justice?
Megaupload's Planned Music Locker - Example of Private Justice?
The Three Biggest Lies the Government Is Telling You. by Charles Goyette
Government
lies are legion.
So
many are its lies, that narrowing them down to three of the most
important is a demanding task. But our current crisis has been chiefly
enabled by monetary policy, fiscal policy, and the global military
empire. So I have chosen to focus on lies about each: the Federal
Reserve, the orchestrator of monetary policy; the U.S. budget, the
accounting of government fiscal policy; and a few of the Empire’s
war lies. I am sharing just a smattering of this astonishing record
of duplicity in these areas, for life is short, or at least far
too short to recount all of the state’s lies about each.
Mitt Keeps Missing the Message
Mitt Keeps Missing the Message
If Romney wins Florida, it won't be because he's becoming a more effective candidate.
It won't be because Mr. Romney has become a better or more effective candidate. Primaries exist to help with that process, to let contenders read signals from the political landscape, to adapt, become stronger. Successful politicians absorb the signals and change up. Not Mr. Romney. If politics were evolution, the governor would still be swimming in the primordial soup.
The Reason for Gingrich's Rise
By DOROTHY RABINOWITZ
It became clear two minutes after Newt Gingrich won in South Carolina that citizens were about to be treated to a non-stop effort to portray his smashing win as the result of his attack on the media. A victory, we were informed by cable and network commentators, which Mr. Gingrich owed to his cleverness in finding ways to give the press-hating right-wingers in South Carolina the red meat they craved.He'd won, we heard repeatedly, by insulting a fine reporter, CNN's John King -- pronouncements accompanied by no little handwringing and defense of Mr. King who had only done what any good reporter-moderator would have done in raising the question about the public accusations made by Mr. Gingrich's second wife. Mr. King, it turned out, was far more serene about events than the chorus of commentators mourning his alleged victimization by Mr. Gingrich.
The image of the speaker as a man who owes his current strength mainly to attacks on the press is now a standard tool of his opponents -- a caricature meant to offset certain realities about his rise. The sort of realities recognizable to considerable numbers of people in Iowa where polls had begun running heavily in favor of Mr. Gingrich from late November on in the wake of his debate performance there and elsewhere. Iowans heard, from Mr. Gingrich, not media attacks but bracing expressions of American values electric in their effect. That was why he kept rising in the polls.
Strife Is Closer to Home in Damascus
By NOUR MALAS and BILL SPINDLE
DAMASCUS—In a country roiled by protests and violence, Syria's capital remains an island of determination to go about life as always. But the country's 11-month old uprising now is lapping up against Syria's biggest and most-important city.Armed clashes in the eastern suburbs of Damascus have jolted many in the capital into acknowledging a conflict that—until last week—had swept through suburbs but otherwise remained as much a YouTube phenomenon for them as for outside observers.
Photos: Conflict Approaches Capital
In a hotel lobby, businessmen fielded phone calls appearing to describe a government counteroffensive in Douma after the military had lost control. "Empty words," one of them said, brushing his hand in the air and dismissing the news as a myth.
Thursday, January 26, 2012
Obama’s Rules for Revolution: The Alinsky Model
Obama’s Rules for Revolution: The Alinsky Model
Posted by Frontpagemag.com
Why Are Jews So Powerful?
Why
Are Jews So Powerful?
Dr
Farrukh Saleem
There are only 14
million Jews in the world; seven million in the
Americas
, five million in Asia, two million in Europe and 100,000 in
Africa
. For every single Jew in the world there are 100 Muslims. Yet, Jews are
more than a hundred times more powerful than all the Muslims put together.
Ever wondered why?
Jesus of Nazareth
was Jewish. Albert Einstein, the most influential scientist of all time
and TIME magazine's 'Person of the Century', was a Jew. Sigmund Freud --
id, ego, superego -- the father of psychoanalysis was a Jew. So were Paul Samuelson and Milton Friedman.
Obama’s crony capitalism. Friends of the president are given billions in government largesse
President Obama
said in his State of the Union address that one of the American values
that must be reclaimed is “an economy where everyone gets a fair shot,
and everyone does their fair share, and everyone plays by the same set
of rules.” For three years, he and his political allies have been
undermining this vision. They see government as a means of rewarding
their friends and punishing their enemies. For the Obama circle, rules
apply only to other people.
Obamacare is a growing burden to American businesses, but not if you have friends in high places. Mr. Obama’s signature and highly unpopular legislative achievement was sold as a measure that would require shared sacrifice but bring lasting benefits to all Americans. Yet as soon as the law was implemented, hundreds of waivers were issued that allowed the recipients to duck under Obamacare requirements. The vast majority of recipients were labor-union chapters, large corporations, financial firms and local governments with strong Democratic connections. One in 5 waivers issued in April 2011 went to upscale nightclubs, bars and hotels in Rep. Nancy Pelosi’s San Francisco district. Mr. Obama is not even covered by his own law.
Obamacare is a growing burden to American businesses, but not if you have friends in high places. Mr. Obama’s signature and highly unpopular legislative achievement was sold as a measure that would require shared sacrifice but bring lasting benefits to all Americans. Yet as soon as the law was implemented, hundreds of waivers were issued that allowed the recipients to duck under Obamacare requirements. The vast majority of recipients were labor-union chapters, large corporations, financial firms and local governments with strong Democratic connections. One in 5 waivers issued in April 2011 went to upscale nightclubs, bars and hotels in Rep. Nancy Pelosi’s San Francisco district. Mr. Obama is not even covered by his own law.
Romney, Gingrich clash over immigration in Florida debate. By Seth McLaughlin
Moderator Wolf Blitzer had to remind the ex-governor that, contrary to his memory, he was running a radio commercial here — which includes in the script “I’m Mitt Romney and I approved this ad” — that highlights how Mr. Gingrich previously called Spanish “the language of the ghetto.”
Mr. Romney stood by the ad, though, asking Mr. Gingrich whether he had said that, and when Mr. Gingrich said it was taken out of context, Mr. Romney responded, “So, you did say it.”
Mr. Romney also came under fire from former Sen. Rick Santorum of Pennsylvania, who took him to task for the universal health care plan that he signed into law in Massachusetts.
“Folks, we can’t give this issue away in this election. It is about fundamental freedom, whether the United States government or even a state government” can mandate the purchase of health insurance, Mr. Santorum said, telling Mr. Romney at one point that “your mandate is no different than Barack Obama’s mandate.”
But Mr. Gingrich had the biggest bull’s-eye on his back, putting him on his heels throughout much of the evening.
Clueless in Davos
Posted By Clyde Prestowitz
As it always does this time of year, my inbox is filling up with messages of a certain kind. They all begin with: "I'm here in Davos" and then, in an intellectual form of name dropping, proceed to mention key words and phrases such as Geopolitical Risk, G-Zero World, and Rise of Regions. This, of course, sounds really heavyweight and important. But I am not fooled. Nobody knows what those words mean. The only purpose is inform me that the sender is among the elect glitterati who get invited to the World Economic Forum's annual meeting in Davos.Will There Be a Central Asian Spring?
Kazakhstan may not be ripe for
revolution, but the West is making the same mistakes it made in the Arab world.
BY JOANNA LILLIS

To add insult to injury for Kazakhstan's beleaguered opposition, Nazarbayev's ruling Nur Otan (Light Fatherland) party's landslide in a micromanaged election came a month after security forces fired on protesters in the energy hub of Zhanaozen in western Kazakhstan, killing 17. This was the worst unrest in 20 years of independence in Kazakhstan, a country that has always prided itself on political and social stability as factors that win the hearts and minds of its own population -- and woo the foreign investors who have sunk millions into its energy sector.
Socialism = Bribery = Welfare State
Socialism = Bribery = Welfare State [Reader Post]



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