Earlier today Judge Andrew Napolitano was the guest host on the Glenn Beck show. Four liberty-loving guests appeared on the show with the Judge. Peter Schiff, John Stossel, Ron Paul, and Rand Paul all appeared. When the Judge hosts Beck’s show it almost turns into an episode of Freedom Watch.
If you don’t know what Freedom Watch is then please check out http://freedomwatchonfox.com/. It’s an online only show hosted by the Judge catering to freedom-loving people everywhere.
Check out the excellent discussions from the show today below.
Two dissatisfied customers comment about a restaurant. One says, “The food here is terrible.” The other replies, “I know, and such small portions!” In many ways, they could be describing our current employment picture. Not only are the portions shrinking, but the jobs themselves are steadily losing quality.
Today’s release of the October jobs report showed the loss of another 190,000 jobs had pushed the official unemployment rate to 10.2%, only the second time since the Great Depression that unemployment was quoted in double digits (factoring in workers who had given up job hunting altogether or have settled for part-time work would push that rate to 17.5%). That didn’t stop Wall Street pundits from trying to fashion a silk purse of this sow’s ear. The ‘green shoots’ crowd focused on the slowing pace of job losses, the nascent economic ‘recovery’ (even if it is jobless), and the projected improvement in 2010. No mention was even made of the quality of what few jobs were being created.
The analysts completely ignored the continued trend of replacing goods-producing jobs with those jobs that require production from other sources. For example, we lost 61,000 manufacturing jobs last month, but added 45,000 jobs in education and health services. In particular, the addition of health workers is nothing to celebrate. Just as a family’s economic position is not improved by higher medical bills, the country as a whole does not benefit from increased health-care spending. Until this trend reverses, our unbalanced economy will not regain its stability, a real recovery will never take hold, and the overall job outlook will get much bleaker.
We need your help to join an amicus brief to the Supreme Court arguing that the right to keep and bear arms is not only a right to self-defense against criminals, but also against tyrannical government.
Statism is the belief that politicians and bureaucrats should have broad powers to use force against citizens. In its most virulent forms Statism killed more people in the 20th Century alone than all of the individual non-governmental murderers in the history of the world, COMBINED!
Not even the Black Death of the Middle Ages, or the Flu epidemic of 1918, can approach these numbers, even if you combine the totals from those two epidemics and reduce the estimate for the total number of murders committed by governments.
But the terrible statistics for Statist murder still only tell part of the story. We must add to them the statistics for the mass theft, imprisonment, and torture committed by governments against innocent people. These measurements of State criminality are even more vast, so much so that they are literally incalculable.
The State, and the belief-system that fosters its criminality — Statism — are the great scourges of human existence, against which no other source of death and destruction can remotely compare.
Of course, in reaction to all of these blood-curdling facts the fool argues that such things could never happen in this country. The same foolish belief was held by people in Russia, Germany, China, Cambodia, and a hundred other places, before such things DID happen in those countries. But such naivety is also exposed by one other crucial fact . . .
Murderous and violent crimes by the State have already been committed by our government, on a massive scale. A partial list would include . . . Read More »
Ron Paul appeared on MSNBC this morning to discuss the latest developments on his Federal Reserve Audit bill, which now has 310 cosponsors in the House and 30 in the Senate.
Supporters of healthcare reform claim it’s about accessible and low-cost health coverage for Americans. If that were true, they’d reject Nancy Pelosi’s bill, HR 3962. Usually, critics write about the economic reasons. But there’s another huge problem . . .
The bill is an unprecedented attack on personal liberty.
HR 3962 will hamstring our finances. But it’s also full of blatant attacks on individual liberty.
For instance, chain restaurants and vending machine owners will be forced to publish calorie information on their menus. That’s not interstate commerce… unless the state line cuts through a McDonald’s counter. Congress can’t order private property owners around this way, and the Free Press clause of the First Amendment also clearly forbids this mandate. Calorie reports may be nice, but that’s outside of the government’s lawful scope.
HR 3962 also violates the broad 9th Amendment protection of individual liberty, and the 10th Amendment’s requirement that federal power be limited to only those functions listed in the Constitution.
Even though the Supreme Court has blown a gaping hole through many Constitutional protections of economic freedom — and blamed their lawlessness on the Commerce Clause power to regulate interstate commerce — it’s apparent that even this wide hole is too small for Congressional ambitions. Does anyone on Capitol Hill even know what interstate commerce is?
Republicans displaying their “Red State pride” following the results of Tuesday’s elections need to face reality. The two GOP gubernatorial election victories in Virginia and New Jersey were unsurprising and expected. Now if a true limited government conservative beat out Bloomberg in the New York mayoral race there would be a reason for celebration.
The reason Bob McDonnell beat out Creigh Deeds in Virginia was not because McDonnell represents some new style small government Republican. McDonnell won because Deeds made campaign mistakes. McDonnell made none. Deeds lost the race more than McDonnell won it.
The same is true for the New Jersey race. Corzine, a former chairman at Goldman Sachs, easily became a scapegoat for a failing economy and political corruption. So, he lost.
What Tuesday’s election results really demonstrated was a lack of conviction for either Democrats or Republicans. When the political spectrum shines red, then blue, then red, then blue, over and over again something tangible comes to light:
America is not rooting for either party to win. America is rooting for the underdog.
Ron Paul appeared on Fox Business News tonight with David Asman on the “Nightly Scoreboard”. They discussed several topics in a nearly 10 minute segment. As usual, Ron Paul just delivers the truth.
by John Browne – Senior Market Strategist, Euro Pacific Capital
Last week, to the delight of its media cheerleaders, the government announced that economic growth had returned and the recession had ended. But before we start celebrating one quarter of modest growth, we should realize the only force driving this apparent recovery is an enormous increase in government spending. To finance its largesse, the government is now borrowing at a rate that has ordinary citizens and the international community extremely concerned.
Leading into the first election season under Obama’s reign, this unprecedented government borrowing and spending is creating a false sense of security. The activity has allowed GDP to increase despite stagnation in corporate and consumer spending.
Small businesses – the most important creators of new jobs – are nervous. Due to uncertain economic conditions and a high degree of regulatory uncertainty, they are hoarding cash rather than investing. Indeed, their largest expenditures are often solely to replenish inventories.
Likewise, consumers are rationally hording their resources. Year over year, consumer spending – which constitutes 70 percent of GDP – is essentially flat. With such a large segment of the economy quiescent, the percentage increase in public sector spending has to be very large in order to push the GDP upward.
The new government spending spree has focused on major stimulus initiatives, including the new homebuyer tax credit and ‘cash for clunkers’.
Allow me to apologize in advance for my continued adoration of the great Robert Higgs. In his latest piece he details the reasons why he is hesitant to champion “solutions” to the tyranny of State power. Higgs is a modern day H.L. Mencken. Sure, he’s a cynic and some may consider him a pessimist, but he’s always thought-provoking and entertaining for freedom-loving readers.
Here’s an excerpt:
I trust that by this point I need not belabor my point at greater length. To recapitulate: “solutions” to the ongoing growth of government are available for a dime a dozen. I have a bag full of them myself, and every one of them is utterly worthless as a means of achieving the ultimate goal. Every genuine solution must be carried through, and any serious solution will require enough people and money to carry out the activities necessary to bring it about. Marshalling people and money may in turn require ideological conversions on a substantial scale, which themselves may require a great many people and a great deal of money, if such conversions are possible at all, given the existing configuration of vested interests (broadly construed).
Moreover, another potent constraint always lurks in the background. Although we need not spend much time at present in dwelling on this issue, the fact remains that if any truly effective measures were approved to rein in the government, the rulers in all likelihood would resort to whatever legal or illegal violence proved necessary to prevent those measures from taking effect. Thus, I am quite sure, for example, that if Ron Paul were ever, by a miracle of miracles, to be elected president, he would not live to take the oath of office. Opponents of the government’s ongoing growth must bear in mind that we are dealing with violent, heavily armed, utterly unscrupulous people who, if pushed to the brink, will stop at nothing to retain their power and privileges.
In defense of Rep. Watt, however, it’s not totally his fault. His district is the most obviously gerrymandered in North Carolina, following I-85 like a snake from Charlotte to Winston Salem. It is overwhelmingly Democratic, and his re-election has never been seriously challenged. Why should he represent the people when he is electorally invincible?
While we may not be able to hold Rep. Watt accountable, we can fight back. His attempt to eviscerate HR 1207 must be approved by the full Financial Services committee.
We can block that approval, and restore the original bill. It is especially important that each member of the Financial Services committee hear from their constituents the clear message that Rep. Watt’s proposed changes are unacceptable. And you must act now because . . .
Liberty Maven
by Peter Schiff, president of Euro Pacific Capital and author of 
by John Browne – Senior Market Strategist, Euro Pacific Capital
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