Rand Paul: A Voice of Clarity

"If we are to succeed in the great struggle of ideas that is under way, we must fist of all know what we believe.  We must also beome clear in our own minds as to what it is that we want to preserve if we are to prevent ourselves from drifting."~~F.A. Hayek The Constitution of Liberty

The Myth of Government "Investment"

"[W]hile business investment must make a future profit, government 'investment' need only receive hosannas from its paid and unpaid apologists in order to be pronounced 'successful.' "~~~Murray Rothbard Jan. 1993

Since the president's SOTU address it looks like "investment" and "investing" are the vogue new ways to redefine government spending.  Really?

By definition it is an impossibility for government to "invest" in anything.  Government has no wealth of its own to invest; it can only confiscate and borrow wealth at the detriment of taxpayers, then spend what it has confiscated and borrowed. 

Investment occurs when individuals freely put up their own capital risking loss and financial detriment to themselves, for the opportunity to return a profit.  If people invest, they do so freely.  There is risk and there is reward or loss.

Government has no capital to invest because it has never created wealth.  It can only confiscate and spend the wealth its citizens have created using the monopoly of force it necessarily holds.  If it spends, it does so using force.  There is no risk or market pressure to "invest" prudently as government  has no wealth of its own to lose--it's your money!  There is no reward because there is no way to quantify what happens when wealth is spent for political--not financial--reasons by myriad of politicians and bureaucrats.  And there is no loss because government has budgeting committees and the bottomless pit of taxpayer wealth to fall back on--oh, and it also has a running line of credit with foreign governments to borrow at will and the Federal Reserve to print fiat money at will.

Was there a Department of Government Investment in Orwell's 1984?

Ludwig von Mises and The Digital Revolution

"Human society is an association of persons for cooperative action."  

 ~~Ludwig von Mises 

"The so-called leftist parties...all look upon progressing material improvement as upon a self-acting process."

~~The same


Watch this video and consider: How can society exist and progress without the free and uncoordinated action of millions of individuals?  (That's my reaction to the question at the end of the video.)

Don't Jump To Conclusions Unless It's Politically Beneficial

After the Fort Hood shooting President Obama urged Americans to not jump to conclusions regarding that shooter's ideology and intent:


It was difficult not to jump to conclusions as the shooter yelled "Allahu Akbar!" just before opening fire on US military personnel, but the media did its best delay judgment:

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The spilled blood at the Tuscon shooting was still warm when bloggers and the media went jumping to conclusions about the Tea Party, Sara Palin, talk radio, and political dissent coming from "the Right." Contrary little facts like the shooter's affection for Karl Marx and evidence of his mental instability and occult involvement did not slow them down a bit.  The president has declined to again caution against hastily ascribing ideological motives to the shooter, even with the glaring lack of evidence of "right wing" motivation and the growing cacophony of the Left:


To the contrary, since Saturday there has been a steady stream of bold-faced attempts to connect a disturbed murderous wacko to public opposition to the progressive Left agenda.

Via Hotair here is a long list of documented violence and hatred from the Left within the last few years, click here.

The Constitution Does Not Require a Secret Decoder Ring

Alright, it's a little late for a clip from A Christmas Story, but enjoy it anyway:



Now listen to Bill O'Reilly summarize the public split over the Constitution and the role of the Supreme Court:



"Remember kids, only members of Annie's Secret Circle can decode Annie's secret message."

Remember Americans, you need not be a member of the Supreme Court to, 1) understand what the Constitution says, and, 2) take a step back and remember what the purpose of a written constitution is:  limit the power of the government it authorizes with its provisions.

So be sure to drink your Ovaltine and insist there are actual limits to how much of your liberty the federal government may diminish, that is, what it may do.   Your health and free society are depending on you!