Sunday, May 31, 2015

Economists have figured out who’s really to blame for exploding income inequality

Indeed, according to one estimate, Wall Street and corporate executives explain as much as 60 percent of the increasing share of income going to the top 1 percent the past 30 years.

Thursday, May 28, 2015

The Myth of a Guilty Nation

Allies Against Empire Robert La Follette and Albert Jay Nock opposed war from left and right.

Government regulation of business in the progressive manner would end by augmenting the power of the master class, who always control any state system.

Covered California Votes To Cap What Patients Pay For Pricey Drugs

America has already taken in one-fourth of Mexico's entire population.

First Baltimore Riot Bill Comes Due: $20,000,000 – Baltimore City Leadership Send Bill To FEMA, Forces All Americans To Pay….

VIDEO: Suspect brutally punches out elderly victim in SE DC robbery

Obama admin asserts dominion over creeks, streams, wetlands, ditches — even big puddles

Saturday, May 23, 2015

Coinage Clause!/articles/1/essays/42/coinage-clause

Thomas Jefferson on Politics & Government: Money & Banking

"The bank mania... is raising up a moneyed aristocracy in our country which has already set the government at defiance, and although forced at length to yield a little on this first essay of their strength, their principles are unyielded and unyielding. These have taken deep root in the hearts of that class from which our legislators are drawn, and the sop to Cerberus from fable has become history. Their principles lay hold of the good, their pelf of the bad, and thus those whom the Constitution had placed as guards to its portals, are sophisticated or suborned from their duties." --Thomas Jefferson to Josephus B. Stuart, 1817. ME 15:112

"Put down all banks, admit none but a metallic circulation that will take its proper level with the like circulation in other countries, and then our manufacturers may work in fair competition with those of other countries, and the import duties which the government may lay for the purposes of revenue will so far place them above equal competition." --Thomas Jefferson to Charles Pinckney, 1820. ME 15:280

"But it will be asked, are we to have no banks? Are merchants and others to be deprived of the resource of short accommodations, found so convenient? I answer, let us have banks; but let them be such as are alone to be found in any country on earth, except Great Britain. There is not a bank of discount on the continent of Europe (at least there was not one when I was there) which offers anything but cash in exchange for discounted bills." --Thomas Jefferson to John W. Eppes, 1813. ME 13:277

"No one has a natural right to the trade of a money lender, but he who has the money to lend. Let those then among us who have a moneyed capital and who prefer employing it in loans rather than otherwise, set up banks and give cash or national bills for the notes they discount. Perhaps, to encourage them, a larger interest than is legal in the other cases might be allowed them, on the condition of their lending for short periods only." --Thomas Jefferson to John W. Eppes, 1813. ME 13:277

"If the debt which the banking companies owe [i.e. own] be a blessing to anybody, it is to themselves alone, who are realizing a solid interest of eight or ten per cent on it. As to the public, these companies have banished all our gold and silver medium, which, before their institution, we had without interest, which never could have perished in our hands, and would have been our salvation now in the hour of war; instead of which they have given us two hundred million of froth and bubble, on which we are to pay them heavy interest, until it shall vanish into air... We are warranted, then, in affirming that this parody on the principle of 'a public debt being a public blessing,' and its mutation into the blessing of private instead of public debts, is as ridiculous as the original principle itself. In both cases, the truth is, that capital may be produced by industry, and accumulated by economy; but jugglers only will propose to create it by legerdemain tricks with paper." --Thomas Jefferson to John W. Eppes, 1813. ME 13:423

No Progress Since the War on Poverty Began Half a Century Ago

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Americans Vastly Overestimate Size of LGBT Population

Tuesday, May 12, 2015

The Bankruptcy of U.S. Trade and Foreign Policy

Horror injuries of Baltimore man, 61, after near fatal attack by pack of FIFTY teens, including girls, when he tried to break up a fight

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Reflections on a Rotten Apple

In principle, prosperity might be very great, even if trade were very bad. If a village were so fortunately situated that, for some reason, it was easy for every family to keep its own chickens, to grow its own vegetables, to milk its own cow and (I will add) to brew its own beer, the standard of life and property might be very high indeed, even though the long memory of the Oldest Inhabitant only recorded two or three pure transactions of trade; if he could only recall the one far-off event of his neighbour buying a new hat from a Gypsy’s barrow; or the singular incident of Farmer Billings purchasing an umbrella.

The Civilian and the Military: A History of the American Anti-Militarist Tradition Paperback – April 1, 2010

Monday, May 4, 2015

Has Immigration Caused the Income Gaps Since 1774?

For example, immigration of Mexicans increased dramatically after 1965.  According to a study by the Pew Research Center, they formed “the largest wave of immigration in history from a single country to the United States.”  More than 52% were illegal immigrants.  “Some 30% of all current U.S. immigrants were born in Mexico.”  Read more:  Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook

20.7% of Jobs in Baltimore Are Government Jobs

The Public Bank Solution

Thomas Jefferson called them “bold and bankrupt adventurers just pretending to have money.”

Where does Thomas Jefferson say this?  Be on the lookout for fake Jefferson quotations.

Guilt trip: Versailles, avant-garde & kitsch by Roger Kimball John Maynard Keynes’s revisionist history of World War I has had enduring—and harmful—consequences.

Baltimore Received $1.8 Billion from Obama’s Stimulus Law

The moral of Caesar by Roger Kimball Caesar's death was more than the end of an extraordinary life; it was the end of an era.

Freedom and Federalism: The Libertarian States’ Rights Tradition

Wall Street, Banks, and American Foreign Policy

The Origins of the Federal Reserve

History of Money and Banking in the United States: The Colonial Era to World War II

'Lord of the Flies' comes to Baltimore

Lawsuit spells out 'nightmare' for California man accused without evidence