The Freeman's Burden:
To defend the principles of human liberty; to educate; to be vigilant against the ever expanding power of the state.
Friday, March 21, 2008
Thursday, March 20, 2008
Dirka, Dirka, Mohammed, Jihad
Outrage at Cartoons Still Tests the Danes
By MICHAEL KIMMELMAN
AARHUS, Denmark — “I think this is safe house No. 5,” Kurt Westergaard said the other day, and it was clear that he genuinely had lost track.
Last month the Danish police arrested two Tunisians and a Dane of Moroccan descent on charges of plotting to kill Mr. Westergaard, one of the 12 cartoonists whose pictures of Muhammad in the Danish newspaper Jyllands-Posten sparked protests, some of them violent, by Muslims around the world in 2006 and put bounties on the heads of Mr. Westergaard and his editor, Flemming Rose. Mr. Westergaard (he drew Muhammad with a bomb in his turban) has been in hiding ever since.
Americans, for whom the presidential election seems to have become a delirious, unending sport, preoccupying their attention, turn out not to be the only ones who preferred to forget about the cartoons. So had many Danes and fellow Europeans. They were shocked by the arrests.
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Don't let the Commodity Sell-Off Fool You
Monday, March 17, 2008
I wish I had better news
Thursday, March 13, 2008
It's Time for America to Take its Medicine
The intentional debasement of the US dollar by the Federal Reserve is causing a flight of wealth out of dollars and into the safe harbor of real money.
What is real money? It's anything that has intrinsic value and can be used as barter to procure goods or services. The US dollar is not, by definition, money. Its value is not inherent, it does not represent any tangible asset. It only has value based on perception and supply. If the supply increases (and it does everyday as the print and borrow orgy in Washington continues unabated), then the value goes down.
History is replete with examples of the perceived value of currency collapsing into a pile of worthless paper as it is printed without regard for the simple economic principle of supply and demand in mind, namely that the more of something there is, the demand and, hence, the value of it, is diminished.
There is a precedent for this in our own history. You may have heard the term "not worth a continental." The continental dollar was the first national currency in these United States. The founders estimated that there was about $10 million worth of precious metals in the colonies at the time and proceeded to print notes that reflected that estimate. Unfortunately, as war debt mounted, the natural inclination was to print more currency to cover the costs. Soon the colonies were awash in more than $50 million "worth" of continentals. The currency was so debased that people were using them as kindling as they were now less valuable than dry sticks. Hence the term and a valuable lesson learned.
After the war, during the continental congress, it was agreed that only gold and silver could be used as legal tender, a hedge against a future "continental" debacle. Although this remains the constitutional law of the land, the creation of a central bank, the Federal Reserve, in 1913 and the severing of the dollar from the gold standard during the Nixon administration, has once more exposed our wealth to the inflationary trajectory of a pure paper economy.
With US troops in 130 countries, 2 wars ongoing and 2 more looming, massive new federal spending, out of control entitlements (social security and medicare) along with the mal-investment and inflation caused by the fiscal practices of the Fed and the Bush administration, in the last year alone, the dollar has lost 17% of its value relative to a basket of other currencies and a stunning 43.8% of its value relative to gold.
Saturday, March 08, 2008
We're winning in Iraq, huh John?
The morning after the attack the streets were still awash with blood. Sixty-eight people were killed in twin bomb attacks on a shopping area in central Baghdad, Iraq's interior ministry has said. The Thursday blasts left another 130 people injured, officials said.
Iraqis Protest in Basra Over Security
Thousands of people took to the streets Saturday in Basra, protesting deteriorating security in the southern city where Iraqi forces assumed responsibility for safety last December.
Meanwhile, the U.S. military said that Iraqi security forces had discovered a mass grave in Diyala province containing perhaps 100 bodies.
Police also reported that the bullet-ridden bodies of 13 men were found near the same town.
Also Saturday, two separate bombings in the province northeast of Baghdad left six people dead.
Thursday, March 06, 2008
This Campaign is Winding Down, but the R3VOLUTION Lives on!
While we will continue to work hard to secure delegates and make an impact in St. Paul, this seems like an appropriate time to say thank you to all of the folks that have worked so hard to bring us to this point.
There are so many people that need to be thanked for everything that they have done in the last year that to even attempt to do so would inevitably neglect some who are deserving of praise.
Also, let me express my gratitude to our amazing, driven, and committed supporters. Although we, the staff, often found ourselves in the cross hairs of your ire, I never forgot that it was rooted in your profound love for our country, and its future.
Together, we have taken a little known congressman from south Texas and made him a national figure. We have given voice to the frustrations and fears that so many before endured in solitude, unaware that they were part of a larger community of patriots. We have proven the pundits wrong, outlasted 11 of 12 opponents, and lit the fires of liberty in the hearts of millions in this country and around the world.
You have built a movement and have been kind enough to let me come along for the ride. Thank you. May God bless you all, Ron Paul and the United States of America for generations to come.
Don Rasmussen
Special Assistant
Ron Paul 2008
Ron Paul's Statement to Supporters
The Legacy of Ron Paul
From MSNBC:
WASHINGTON - The excitement of Rep. Ron Paul’s unorthodox presidential campaign has faded since last fall. The chances were always slim that Paul would get to go to the White House to collect President Bush’s endorsement, as Sen. John McCain did Wednesday.
But Paul scored a victory Tuesday night, crushing challenger Chris Peden in the Republican primary in his Texas congressional district.
Paul’s victory in his heavily Republican district means the 33-year House veteran will be around for at least another two years to voice his dismay both at America’s overseas entanglements and at Federal Reserve chairman Ben Bernanke’s policies.
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Remembering the Dungeon Master
Wednesday, March 05, 2008
Tuesday, March 04, 2008
Ron Paul wins big in Texas-14 House Race
Huckabee Ends Presidential Campaign, Blames God
Sanford 2012?
So while it may give Chris Matthews and Chris Wallace something to speculate about in the absence of actual news reporting, I think that the chance of a Mark Sanford VP bid is about as unlikely as, well...a John McCain presidency.
Ron Paul in Forbes
The current state of our economy drives home the hard truth that living beyond our means has caught up to us. Oil is over $100 a barrel, the housing market is in sharp decline and the dollar is in a free fall.