Saturday, November 4, 2017

Monday, February 6, 2017

The Best Reason To Not Vote

If an infallible, omnipotent, and gracious God chose to give Man free will, who are we to second guess His judgment and deny our fellow men their liberty?

Tuesday, December 6, 2016

A Better Reason Not to Vote

I accept the principle that all men are created equal.  Therefore, I have no right to rule other men, and I have no right to help choose people to rule other men on my behalf.  The same applies to everyone else. 

Despite the widespread belief that winning an election legitimizes the rulers, democracy is baseless.  The logic is simple: every bucket is the same; every bucket is empty; therefore, you can never put out a fire, no matter how many empty buckets you have.

Friday, August 5, 2016

Don't Vote

Just because crappy is relatively better than crappier doesn't make crappy a good choice.

Sunday, May 4, 2014

Faith in Money

 
Here are drawings I made of a hammer, some nails, and a stack of lumber. 
I want you to use them to build a house for me.  Absurd?  Of course.
 
Here are some pieces of paper with fancy scrollwork and pictures of dead men on them.  I printed them in my garage over the weekend.  I will give you these pieces of paper in exchange for real hammers, nails, and lumber so that I can build myself a house.  Absurd?  Of course.
 
 
Here is the banking system.  The government has given those in charge of the system the privilege of creating credit (i.e., fiat money).  The credit can be used to purchase bonds (debt) authorized by the government.  The government uses the money it receives from selling bonds to finance anything it wants or to reward anyone it chooses.  Bank credit is just clever accounting, and is no more real than my drawings or my printed pieces of paper.  Absurd?  You tell me.
 
What are the hallmarks of such a system?  How would your behavior change if you had access to this effort free source of money?  Why would you say no to any idea that you believe will help you maintain your power?  What sort of relationship will develop between those in charge of the banking system and those in charge of the government that bestows the privilege?  Can anyone resist the temptations inherent in a system that can provide unlimited financing?  What happens when enough people apprehend this fraud?  What will happen to the value of the outstanding bonds when there are no longer enough people still working to pay the interest on the government’s bonds?  How long can such a system last?
 
 

Thursday, September 19, 2013

Please Sir, May I Have Some More?


The Federal Reserve today announced that it will continue its $85 billion monthly bond buying program, and left unchanged its target interest rate of near zero "at least as long as unemployment exceeds 6.5 percent.”