“No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.” – Ludwig von Mises, in his book, Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses.
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Quote of the Week: Doug Wilson on Energy Independence
“Let’s talk about energy independence. My entire adult life I have been listening to politicians promise to work for energy independence. Just so’s we’re clear, we live on a continent that is so rich in energy that we could light and heat the whole planet for the next millennium or two. Whether we are talking…
The Fringe is Marginal no More
“Yes, we do, because the fringe is marginal no more.” – George Will, in a 1995 column. I first read this quote on January 1, 1995 as Washington, D.C. was preparing to swear in the first Republican majority in the U.S. House in 40 years that would join the existing Republican majority in the U.S….
Let’s Break Up Tiger Woods
In the aftermath of Tiger Woods’ dominant victory in the recent American Express Championship golf tournament, a number of Wood’s competitors announced they will be asking the U.S. Department of Justice to file suit seeking the breakup of Woods for violating federal antitrust laws. “He’s dominating the game,” said Adam Scott, who finished second, eight…
Inflation, Money Creation, and the Gold Standard
“In a social order that is entirely founded on the use of money and in which all accounting is done in terms of money, the destruction of the monetary system means nothing less than the destruction of the basis of all exchange.” – Ludwig von Mises, The Theory of Money and Credit, p. 202. In…
Economic Freedom and Quality of Life
http://www.youtube.com/watch?v=v1U1Jzdghjk&feature=player_embedded
Today’s Digest
The Right Kind of Bright in Your Eyes Doug Wilson gave the commencement speech to the graduating class of New Covenant Schools. Lots of good stuff, here is a sample: Scripture teaches us that to the pure all things are pure. To the defiled, all things are defiled. The principle can and should be extended….
Rick Perry for President?
Yesterday morning, the Wall Street Journal ran an article, New Whispers of Perry 2012 Bid: But over the past two weeks, political advisers and friends say, Mr. Perry has changed his tune on a possible presidential campaign. In private conversations, they say, the three-term governor said he worries that the current GOP contenders have yet…
Happy 100th Birthday Ronald Reagan
“I never thought it was my style or the words I used that made a difference: it was the content. I wasn’t a great communicator, but I communicated great things.” – Ronald Reagan, in his Jan. 11, 1989 farewell address to the American people (text) “The biggest misunderstanding about Reagan’s political life is that he…
Creativity–A Gift from God
Fox News reports that the city of Taunton, Massachusetts is considering the use of eminent domain to save some manufacturing jobs: When the Haskon Aerospace plant in Taunton, Mass. shut down in October 100 workers lost their jobs. Many had worked at the facility for decades, making seals and gaskets for aircraft. City leaders are…