Add to iTunes Hosts Phil Russo and Michael Boldin talk with Kevin Gutzman, Author of the Politically Incorrect guide to the Constitution AND Virginia’s American Revolution” – the book Tom Woods’ Nullification is based on. They talk about two recent supreme court rulings – the Bond case that says individuals can sue the federal government…Details
Has it really come to this? Time magazine, one of our most respected magazines, seriously posing the question, “Does It Still Matter?” over the backdrop of the U. S. Constitution partially shredded as their cover page for their 10th Annual History and Fourth of July Issue. The second page of the ten-page article, authored by Richard Stengel, has the U. S. Constitution completely shredded vertically. This event signals a disrespect and ignorance of this document that I have not seen in my over 25 years teaching it.
The article’s overriding fallacy begins with the first sentence and continues throughout, “Here are a few things the framers did not know about: World War II, DNA, sexting, airplanes, the atom, television, Medicare, collateralized debt obligations, the germ theory of disease, miniskirts …” etc. In short, “How can it be relevant, without great alteration for our day?” Certainly the piece is a masterful explanation of the Constitution as a “living Constitution.” Among other things it criticizes the “Tea Party and its almost fanatical focus on the founding document.”
The truth is that the Constitution has nothing to do with these things nor did it have for the new things of the 1800’s, nor will it have for a new list the following century after the one we are now in. None of these things matter because this document is based upon human nature and natural law which do not change from century to century. Man is still power hungry whether he rides a horse, drives a car, or flies an airplane. Stengel does not seem to understand this.Details
Bryce Shonka, Tenth Amendment Center deputy director, on the Ed Dean radio show to talk about decentralization, nullification, revisionist history and Nullify Now! Jacksonville. “We need to get back to smaller government, letting our communities operate on an organic basis – with their best interest in mind instead of some bureaucrat’s best interest in mind.”…Details
Adam Serwer at the American Prospect writes:
Recently, Cato’s C. Bradley Thompson wrote about neoconservatism, saying that neoconservatives “are and always have been, by contrast, defenders of the post–New Deal welfare state.” Other than David Frum, I’m not aware of too many conservatives who have offered forceful defenses of the New Deal welfare state. Rather, as neoconservatism has become the dominant foreign-policy ideology of the Republican Party, there’s been a hybridization of neoconservative foreign-policy aggressiveness with more traditional conservative hostility toward social insurance. As a result, America’s war expenses have become an untouchable driver of deficits that provide pretext for dismantling the welfare state.
Serwer is right about the neocons’ attachment to the military budget and foreign intervention, though he leaves out the Democrats’ record on this very issue — contrary to the usual neocon complaint, the Democrats have not in fact sought to “gut” the military. Neither the Clinton nor the Obama record suggests any such thing. It’s one big, corrupt system that we are tricked into thinking involves two diametrically opposed parties.Details
When government officials come up with what they claim to be a wonderful new idea, I often think of an old Saturday Night Live skit from 1990 poking fun at commercials for blue jeans. The skit’s scene is a group of middle-aged buddies getting ready to play basketball in their new “Bad Idea Jeans.” Each guy optimistically announces a plan to do something that is actually a “bad idea.” For example, a character says “I don’t know the guy but I’ve got two kidneys and he needs one, so I figured…” and “BAD IDEA” flashes across the screen. (The skit can be watched here.)
The White House’s new “Strong Cities, Strong Communities” initiative had that BAD IDEA screen shot flashing repeatedly in my mind as I read the press release:
Today, the Obama Administration launched Strong Cities, Strong Communities (SC2), a new and customized pilot initiative to strengthen local capacity and spark economic growth in local communities while ensuring taxpayer dollars are used wisely and efficiently. To accomplish this, federal agencies will provide experienced staff to work directly with six cities: Chester, PA; Cleveland, OH; Detroit, MI; Fresno, CA; Memphis, TN; and New Orleans, LA. These teams will work with local governments, the private sector, and other institutions to leverage federal dollars and support the work being done at the local level to encourage economic growth and community development.
Additionally, communities nationwide will be eligible to compete for comprehensive economic planning assistance through a grant competition designed to spark local innovation. By integrating government investments and partnering with local communities, SC2 channels the resources of the federal government to help empower cities as they develop and implement their vision for economic growth.
The Wall Street Journal reports that federal officials from HUD, Labor, Commerce,Transportation, and the Small Business Administration will be “deployed” to the cities. In other words, the Obama administration wants to send bureaucrats from federal agencies that are notorious for wasting other people’s money to help local bureaucrats do a more “efficient” job of spending other people’s money. That’s like asking Anthony Weiner to fix your Twitter account.Details
by Ron Paul
The end of June marked what is hopefully the end of the Federal Reserve’s policy of quantitative easing. For months the Fed has purchased hundreds of billions of dollars of Treasury debt, enabling the government to fund its profligate deficit spending, push the national debt to its limit, and further devalue the dollar. Confidence in the dollar is plummeting, confidence in the euro has been shattered by the European bond crisis, and beleaguered consumers and investors are slowly but surely awakening to the fact that government-issued currencies do not hold their value.
Currency is sound only when it is recognized and accepted as such by individuals, through the actions of the market, without coercion. Throughout history, gold and silver have been the two commodities that have most fully satisfied the requirements of sound money. This is why people around the world are flocking once again to gold and silver as a store of value to replace their rapidly depreciating paper currencies. Even central banks have come to their senses and have begun to stock up on gold once again.
But in our country today, attempting to use gold and silver as money is severely punished, regardless of the fact that it is the only constitutionally-allowed legal tender! In one recent instance, entrepreneurs who attempted to create their own gold and silver currency were convicted by the federal government of “counterfeiting”. Also, consider another case of an individual who was convicted of tax evasion for paying his employees with silver and gold coins rather than fiat paper dollars. The federal government acknowledges that such coins are legal tender at their face value, as they were issued by the U.S. government. But when it comes to income taxes owed by the employees who received them, the IRS suddenly deems the coins to be worth their full market value as precious metals.Details
A new video produced by Cato’s Caleb Brown and Austin Bragg does a typically stellar job of visualizing the alleged $2 trillion in spending cuts currently being negotiated on Capitol Hill as part of a deal to raise the debt ceiling. The video is based on my recent chart, which shows that $2 trillion in cuts…Details
This is a great article on how we can use gold & silver in everyday transactions. It answers the points raised by oh-so-many legislators: “Gold and silver are too heavy to carry around a bag of metal to pay for everyday purchases.” “Gold is too valuable, we’d be using pieces the size of rice to…Details