The Hill on Ron Paul and Austrian Economics

You can read the full article written by Bernie Quigley here.

This week Arianna Huffington, the liberal doyenne, and Ron Paul both appeared on “Morning Joe.” They seemed to like each other and to be in increasing agreement on economic issues. But what was striking was the new legitimacy that Rep. Paul (Texas) has gained since Obama’s bailouts have taken hold. Given the high disapproval ratings on both the economy and the war, it could be said today that the country is moving to Paul’s positions by osmosis. Paul opposed the wars in Iraq and Afghanistan. He opposed the bailouts. He opposed the entire Keynesian perspective that the Obama administration has adopted lock, stock and barrel. Morning Joe — no radical libertarian — pulled out an old script to read in amazement how the housing crisis had played out exactly as Paul said it would back in 2003. Paul advocates Austrian economics, and as he gathers continuing respect, Austrian economics gains a new authenticity as well.

American Doctors DO NOT Support Obama's Health Reform

From Investors.com:

• Two-thirds, or 65%, of doctors say they oppose the proposed government expansion plan. This contradicts the administration's claims that doctors are part of an "unprecedented coalition" supporting a medical overhaul.

• Four of nine doctors, or 45%, said they "would consider leaving their practice or taking an early retirement" if Congress passes the plan the Democratic majority and White House have in mind.

• More than seven in 10 doctors, or 71% — the most lopsided response in the poll — answered "no" when asked if they believed "the government can cover 47 million more people and that it will cost less money and the quality of care will be better."

Read more here.

Rand Paul on Morning Joe

Peter Schiff Officially Announces

Adam Kokesh @ Town Hall in NM

Grayson (a Democrat) Announces A Hearing On HR1207

You'd think Ron Paul would be making such an announcement, but it serves a much better purpose to have an individual from the supposed opposition doing the talking.

Ron Paul on Morning Joe

Paul is on Morning Joe to promote his new book, End the Fed. I just finished reading it last night. A lot of it is stuff I've already heard and know. One review referred to it as a "meandering diatribe"; I think this is accurate. Paul is not the best writer. There was lots of interesting information in it. I liked reading about his lunches with Paul Volcker back when Volcker was chairman of the FED and how he came to understand economics the way he does. He also does a good job toward the end of the book seperating the reasons to end the FED into four different arguments: constitutional, moral, economical, and libertarian. It was a quick read at just over 200 pages and I would suggest it to anyone, whether you agree with Paul or not.

Beware of ISM's

I especially like the part where the state tells the worker he can't strike. Reminds me of today, in Canada, when governments pass laws preventing government workers (nurses for example) from striking as their service is considered to be one we can't go without. I guess they're pro-union though...

Garden Update

Our garden for the year is just about finished. We think we did well for our first year on our balcony. We had a steady supply of lettuce through most of the summer. We got a good feed of snow peas out of it. So far, we've gotten one good size cucumber, and as you can see from the above pictures there appears to be two more growing. I recently cut back all of the lettuce and soon I'll do the same for the strawberry plants. They appear to be starting to flower; hopefully next year we'll get some fruit out of them.

Next spring we'll be in a house and hopefully we'll have a much larger garden.

UN Calls For New World Currency...They must be all conspiracy theorists...

On the heals of the United Nations calling for a new world reserve currency, gold appears to be ready to make new highs. Who would have thought?

One thing they have gotten right is that using a national fiat currency as an international reserve doesn't work so well. From the above linked article:

“[The] dominance of the dollar as the main means of international payments [has] played an important role in the build-up of the global imbalances in the run-up to the financial crisis,” the report says. “Another disadvantage of the current international reserve system is that it imposes a greater adjustment burden on deficit countries (except if it is a country issuing a reserve currency) than on surplus countries.”

Duh.

Some people think I'm nuts for predicting the US dollar to fall hard; but apparently I'm just as crazy as Cheng Siwei, former vice-chairman of the Standing Committee and now head of China's green energy drive, who recently said the following:

If they keep printing money to buy bonds it will lead to inflation, and after a year or two the dollar will fall hard. Most of our foreign reserves are in US bonds and this is very difficult to change, so we will diversify incremental reserves into euros, yen, and other currencies.

He also went on to mention that China is buying up gold, but doing so methodically as to not agitate the market.

Schiff on Ponzi Schemes

A Black Hole Called The Federal Reserve

Ron Paul on Bombing Iraq in 1998

Revolution is the Duty of the People

Panarin on Obama

End the Fed

The Uprising

Gold and Silver to The Moon

Thankfully I just ordered more silver! :)

Preview Rally For Republic DVD

This month plans to be a big one for the cause of liberty as the documentary For Liberty, the DVD of Rally For The Republic, and Ron Paul's new book End The Fed are all scheduled to be released.

Rand Paul FriendRaiser

Part 2
Part 3
Part 4