We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
What does a very aged multi-billionaire do after he spends $25 million dollars to force a presidential election his way, and still falls flat on his face? Well, of course, he tries and tries again.
From an essay on freedom in the Nanny State, at Pajamas:
“Government big enough to supply everything you need is big enough to take everything you have. … The course of history shows that as a government grows, liberty decreases.” ~ Thomas Jefferson
If some of the greats from American history, including George Washington, Thomas Jefferson, Benjamin Franklin, and Abraham Lincoln, were to magically appear before us today, I think they would be shocked at how the country they fought to shape and mold as a beacon of freedom and hope has turned out.
These men, along with their contemporaries, believed in a country where you had the freedom to use the abilities you were born with, bestowed upon you by a higher being, to choose your own destiny — be it where you live, how you earn your keep, and whom you associate with. They believed in a country where citizens are free of interference from government, except in cases where said government protects its citizens from foreign invasion, provides basic infrastructure such as roads and bridges, and deals with those who break laws intended to protect the basic rights of all citizens (e.g., punishing burglars, murderers, etc.).
I can not think of a FF be they a Anti-Federalist or Federalist that would support in any fashion the transformation our country has undertaken since they developed it.
The nexus of course is human nature seduced by the promises of socialisms paradise, cost free .... basically what Obama is promising right now in word to the electorate. Of course as we have read in the past two days the thoughts of Teddy Roosevelt on the strenuous life. It must bring gales of laughter to those who live fat ..strenuous life.....that's for suckers they'll say. They don't see their decay, just their bankroll.
But I would say forget turning it around. The Republicans might win the WH but I do not think in another two generations of unrestricted immigration, taxation for redistribution, and the now almost the complete destruction of the family as a unit the US can stand up to the rigors of the more ravenous states of the world.
Any nation that can turn in rapture toward a feminine candidate like Barack Obama is not a nation that values the virtues that forged a great nation. And don't think for a minute that the Vladamir Putins of the world will be impressed with Obamas smoove talk and mincing gait. They'll think he's a queer. He even makes the French look brave.
Are Simultaneous Inflation and Deflation Possible ?
I often have friends and clients ask me how I can talk about inflation and deflation in the same breath. They've asked: "But I thought that inflation and deflation were contradictory. How do you think that we could experience both inflation and deflation at the same time?"
Let me explain, starting with a bit of background: The fractional reserve banking system, based on usury, creates money. Here is a simplified example: Each time you deposit a $1,000 at your local bank, the bank then lends nearly all of that money out to someone else, charging interest. The bank holds just a small reserve ("the fraction") to cover the their likely daily withdrawal demands. Now, say that $950 of your deposited money is borrowed by a business, to purchase raw materials. The seller of those materials will deposit the payment check into his own bank. But then that bank can again lend nearly all of it out. The process goes on and on. Thus, the banking system has a multiplier effect: With the present-day 10% cash reserve requirement in the US, each $1,000 that you deposit eventually becomes more than $7,000. These additional dollars are electronic dollars that are created out of thin air. This puts a lot of new money into circulation, so it is essentially inflationary. Everyone is happy, as long as they all can keep paying their interest. (But by its very nature, the interest-driven banking system creates winners and losers. The losers cannot pay the interest, and go bankrupt. This explains why so many businesses fail each year.) The bankers are the happiest of all, since they make money from everyone on virtually every transaction, in the form of interest and fees. They earn a tremendous amount of money on the float. In the fantasy world of banking, by their accounting, what you and I would consider a liability (a loan) they consider an asset. And what we consider an asset (greenback cash), they consider a liability. (They see any cash on hand as "nonproductive" because it isn't earning interest.)
Think of the 'multiplier effect' on government revenues as well. There's no coincidence that two of the 'progressive era' reforms were the establisment of the federal reserve and the creation of an unlimited power to tax 'incomes'. The system is structured to benefit the Fed member banks as well as a theoretically benevolent central state. As the revenues multiplied through taxable events, the urge to organize society along redistributionist and social engineering lines was almost inevitable. Vote buying never goes out of style.