Any thoughts on this draft? Particularly looking for any cool honest money jingles!
by Jake, the Champion of the Constitution Originally published Sunday, January 4, 2009 at http://www.nolanchart.com/article5746.html
I was recently asked by the END THE FED movement to take a shot at creating a flyer that could be used at the opening of the new movie, The International starring Clive Owen and Naomi Watts due to open on February 13, 2009. (Movie trailer here) It is available in MSWord or PDF by email request but I am sure it will either be edited or discarded. I would like to take a little credit for the opening slogan, which came from a conversation I had recently with a close friend.
Ron Paul is not one to beat around the bush (no pun intended), and his reaction to Israel invading Gaza in this video is no different. He calls the Middle East a powder keg and says the United States will ultimately be blamed due to support of Israel.
He believes that we should just get out of their business and focus on the problems here at home. I could not agree with him more (as usual).
He also delves into a bit of an economic prediction for 2009. He says inflation is what we need to worry about, not deflation. Also, his big worry is that fairly soon people (other countries) will no longer finance America’s debt.
“The victims will be the innocent American people.”
“The real tragedy will be an attack on our personal liberties.”
I’m starting to believe that Ron Paul will feel compelled to run for president again in 2012. Especially if what he is predicting comes to pass. I wrote following the Iowa Caucus and the New Hampshire Primary that America is not ready for Ron Paul in 2008. Perhaps America will be ready in 2012.
Digest Ron Paul’s words below. The words my give you indigestion, but sometimes the truth is uncomfortable.
Using the words “state” and “force” in a title may be redundant, but this time the market is doing its job forcing the states to reevaluate holding certain physical assets. Many states in America are desperate for money. A few states have started considering selling off public roads, lands, infrastructure, and services to help with the bottom line.
ST. PAUL, Minn. – Minnesota is deep in the hole financially, but the state still owns a premier golf resort, a sprawling amateur sports complex, a big airport, a major zoo and land holdings the size of the Central American country of Belize.
Valuables like these are in for a closer look as 44 states cope with deficits.
Like families pawning the silver to get through a tight spot, states such as Minnesota, New York, Massachusetts and Illinois are thinking of selling or leasing toll roads, parks, lotteries and other assets to raise desperately needed cash.
I’d much rather this be done willingly rather than in desperation. Initially I can’t help but applaud such moves toward privatization. However, I wonder if the desperation road is marked with elusive potholes.
Robert Higgs rules. In his recent article published at LewRockwell.com he is quite straightforward at blasting the idiocy of Keynesian economics and its proponents such as Martin Feldstein. He begins:
Writing in the Wall Street Journal on December 24, 2008, Martin Feldstein gives us an article entitled “Defense Spending Would Be Great Stimulus.” The title tells you everything you need to know: military Keynesianism is the medicine being prescribed by a leading figure of the politico-economic Establishment – a Harvard professor, former chairman of the Council of Economic Advisers, former president of the American Economic Association, president emeritus of the National Bureau of Economic Research, and member of the President’s Foreign Intelligence Advisory Board. That a man so drenched in professional honors and attainments would be peddling such long-discredited claptrap speaks volumes about the state of mainstream economics. When you think it can’t sink any lower, it does.
Feldstein opines that “countering a deep economic recession requires an increase in government spending to offset the sharp decline in consumer outlays and business investment that is now under way. Without that rise in government spending, the economic downturn would be deeper and longer.” This statement encapsulates the essence of vulgar Keynesianism. It would seem that Feldstein, like nearly every other lion of the mainstream economics profession, failed to notice that by the very empirical-test standard the profession considers sacrosanct, this theory was decisively refuted by the events of 1945–47 – or perhaps the mainstreamers believe that after their model had, as they see it, proved its mettle so beautifully on the upside from 1940 to 1945, its abysmal failure to predict from 1945 to 1947 need not be taken seriously.
And later:
Keynesian economics rests on the presumption that government spending, whether for munitions or other goods, creates an addition to the economy’s aggregate demand and thereby brings into employment labor and other resources that otherwise would remain idle. The economy gets not only the additional production occasioned by the use of these resources, but still more output via a “multiplier effect.” Hence comes the Keynesian claim that even government spending to hire people to dig holes in the ground and fill them up again has beneficial effects: even though the shovelers create nothing of value, the multiplier effect is set in motion as they spend their money income for consumption goods newly produced by others.
At the Ludwig von Mises Institute, William L. Anderson has written a fantastic article describing the causes of our bubble economy mostly by doing a number on Paul Krugman, recent Nobel Prize winner who doesn’t seem to have a clue about reality. It’s a great read:
As a long-time critic of the part-time economist and full-time political partisan Paul Krugman, I would be remiss if I did not give him at least some credit for being able to point out the obvious: Bernard Madoff’s Ponzi scheme really is a prototype for the modern US economy. Yes, Krugman is right, but, alas, I am also required to add that a broken clock is still more consistent at telling time than Krugman is at explaining economic phenomena.
Indeed, the US economy has gone through two destructive financial bubbles in the past decade, although the government’s response to the last bubble has been to spread the damage throughout the economy to where the damage can no longer be relatively contained. The Madoff revelations are simply another blow to the reeling financial industry that not long ago was “creating” multimillionaires who had not yet made it to their fifth reunions at Harvard or Duke.
About a year ago a video was released that I thought was one of the very best of the Ron Paul grassroots effort. No it wasn’t one of my own. Mine are obviously quite amateur in comparison.
This video really summed up the Ron Paul campaign in my view. The video’s theme is now more relevant than ever due to the financial crisis and the Federal Reserve’s insistence on printing money to combat the crisis.
So on the first day of 2009 let us look back a year and see one of the better videos from Ron Paul’s autonomous mini-revolution of grassroots supporters.
Liberty Maven
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