Posts tagged ‘Free Market’

Ayn Rand First Interview 1959 (Full)


Madison never meant Second Amendment to allow guns of Sandy Hook shooting



Madison never meant Second Amendment to allow guns of Sandy Hook shooting (via The Christian Science Monitor)

Following the tragic shooting at the Sandy Hook Elementary School in Newtown, Conn. by Adam Lanza , many Americans are wondering what exactly our Founding Fathers intended when they set the Second Amendment to paper more than 200 years ago. Surely not the killing of 20 young children and six women.…

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34 Reasons The US Has Fallen


The following are 34 signs that America is in decline…

#1 According to the World Bank, U.S. GDP accounted for 31.8 percent of all global economic activity in 2001.  That number dropped to 21.6 percent in 2011.  That is not just a decline – that is a freefall.  Just check out the chart in this article.

#2 According to The Economist, the United States was the best place in the world to be born into back in 1988.  Today, the United States is only tied for 16th place.

#3 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#4 According to the Wall Street Journal, of the 40 biggest publicly traded corporate spenders, half of them plan to reduce capital expenditures in coming months.

#5 More than three times as many new homes were sold in the United States in 2005 as will be sold in 2012.

#6 America once had the greatest manufacturing cities on the face of the earth.  Now many of our formerly great manufacturing cities have degenerated into festering hellholes.  For example, the city of Detroit is on the verge of financial collapse, and one state lawmaker is now saying that “dissolving Detroit” should be looked at as an option.

#7 In 2007, the unemployment rate for the 20 to 29 age bracket was about 6.5 percent.  Today, the unemployment rate for that same age group is about 13 percent.

#8 Back in 1950, more than 80 percent of all men in the United States had jobs.  Today, less than 65 percent of all men in the United States have jobs.

#9 If you can believe it, approximately one out of every four American workers makes 10 dollars an hour or less.

#10 Sadly, 60 percent of the jobs lost during the last recession were mid-wage jobs, but 58 percent of the jobs created since then have been low wage jobs.

#11 Median household income in America has fallen for four consecutive years.  Overall, it has declined by over $4000 during that time span.

#12 The U.S. trade deficit with China during 2011 was 28 times larger than it was back in 1990.

#13 Incredibly, more than 56,000 manufacturing facilities in the United States have been shut down since 2001.  During 2010, manufacturing facilities were shutting down at the rate of 23 per day.  How can anyone say that “things are getting better” when our economic infrastructure is being absolutely gutted?

#14 Back in early 2005, the average price of a gallon of gasoline was less than 2 dollars a gallon.  During 2012, the average price of a gallon of gasoline has been $3.63.

#15 In 1999, 64.1 percent of all Americans were covered by employment-based health insurance.  Today, only 55.1 percent are covered by employment-based health insurance.

#16 As I have written about previously, 61 percent of all Americans were “middle income” back in 1971 according to the Pew Research Center.  Today, only 51 percent of all Americans are “middle income”.

#17 There are now 20.2 million Americans that spend more than half of their incomes on housing.  That represents a 46 percent increase from 2001.

#18 According to the U.S. Census Bureau, the poverty rate for children living in the United States isabout 22 percent.

#19 Back in 1983, the bottom 95 percent of all income earners in the United States had 62 cents of debt for every dollar that they earned.  By 2007, that figure had soared to $1.48.

#20 Total home mortgage debt in the United States is now about 5 times larger than it was just 20 years ago.

#21 Total credit card debt in the United States is now more than 8 times larger than it was just 30 years ago.

#22 The value of the U.S. dollar has declined by more than 96 percent since the Federal Reserve was first created.

#23 According to one survey, 29 percent of all Americans in the 25 to 34 year old age bracket arestill living with their parents.

#24 Back in 1950, 78 percent of all households in the United States contained a married couple.  Today, that number has declined to 48 percent.

#25 According to the U.S. Census Bureau, 49 percent of all Americans live in a home that receives direct monetary benefits from the federal government.  Back in 1983, less than a third of all Americans lived in a home that received direct monetary benefits from the federal government.

#26 In 1980, government transfer payments accounted for just 11.7 percent of all income.  Today, government transfer payments account for more than 18 percent of all income.

#27 In November 2008, 30.8 million Americans were on food stamps.  Today, 47.1 millionAmericans are on food stamps.

#28 Right now, one out of every four American children is on food stamps.

#29 As I wrote about the other day, according to one calculation the number of Americans on food stamps now exceeds the combined populations of “Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming.”

#30 Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, one out of every 6Americans is on Medicaid, and things are about to get a whole lot worse.  It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

#31 In 2001, the U.S. national debt was less than 6 trillion dollars.  Today, it is over 16 trillion dollars and it is increasing by more than 100 million dollars every single hour.

#32 The U.S. national debt is now more than 23 times larger than it was when Jimmy Carter became president.

#33 According to a PBS report from earlier this year, U.S. households that make $13,000 or less per year spend 9 percent of their incomes on lottery tickets.  Could that possibly be accurate?  Are people really that foolish?

#34 As the U.S. economy has declined, the American people have been downing more antidepressants and other prescription drugs than ever before.  In fact, the American people spent 60 billion dollars more on prescription drugs in 2010 than they did in 2005.

Read the full article at » 34 Signs That America Is In Decline Alex Jones’ Infowars: There’s a war on for your mind!.

Texas-isms

Posted on December 1, 2012

boots and hat

God Bless Texas!

1. A possum (or an armadillo) is a flat animal that sleeps in the middle of the road.

2. There are 5,000 types of snakes and 4,998 of them live in Texas.

3. There are 10,000 types of spiders. All 10,000 of them live in Texas.

4. If it grows, it’ll stick ya. If it crawls, it’ll bite’cha.

5. ‘Onced’ and ‘Twiced’ are words.

6. It is not a shopping cart, it’s a buggy.

7. ‘Jaw-P?’ means, ‘Did y’all go to the bathroom?

8. People actually grow and eat okra.

9. ‘Fixinto’ is one word.

10. There is no such thing as ‘lunch.’ There is only dinner and then there is supper.

11. Iced tea is appropriate for all meals, and you start drinking it when you’re two. We do like a little tea with our sugar.

12. Backwards and forwards means, ‘I know everything about you.’

13. The word’jeet’ is actually a phrase meaning, ‘Did you eat?’

14. You don’t have to wear a watch, because it doesn’t matter what time it is. You work until you’re done or it’s too dark to see.

15. You don’t PUSH buttons, you MASH EM.

16. ‘No.Jew?’ is a common response to the question, ‘Did you bring any beer?’

17. You measure distance in minutes.

18. You switch from heat to A/C in the same day.

19. All the festivals across the state are named after a fruit, vegetable, grain, insect or animal.

20. You know what a ‘DAWG’ is.

21. You carry jumper cables in your car — for your OWN car.

22. You only own five spices: salt, pepper, Texas Pete, Tabasco and Ketchup.

23. The local papers cover national and international news on one page, but require 6 pages for local gossip and high school football.

24. You think that the first day of deer season is a national holiday.

25. You find 100 degrees Fahrenheit ‘a bit warm.’

26. You know all four seasons: Almost summer, summer, still summer, and Christmas.

27. Going to Wal-Mart is a favorite past time known as’goin’ Wal-Martin’ or ‘off to Wally World.’

28. You describe the first cool snap (below 70 degrees) as good stew weather.

29. Fried catfish is the other white meat.

30. We don’t need no dang driver’s ed. If our mama says we can drive, we can drive, dag- nabbit.

31. “All y’all” is more than one person.

Parting Company…

 Reblogged from AMERICAN BLOGGER: GUNNY.G ~ WEBLOG & EMAIL:

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For decades, it has been obvious that there are irreconcilable differences between Americans who want to control the lives of others and those who wish to be left alone. Which is the more peaceful solution: Americans using the brute force of government to beat liberty-minded people into submission or simply parting company? In a marriage, where vows are ignored and broken, divorce is the most peaceful solution.

Read more… 759 more words

I’m of the opinion that in order for both to have the govt they want that a division between the two is the right and only true solution. Sentiment aside for the common roots and symbols, we are and remain two people with very different visions of America. Had the Fed remained chained to the Constitution these differences could have been expressed at the state level with little consequence, but that has not been done. Secession is not the death of the Republic, but rather an effort to preserve, even if in part, all that made us America!

Christmas!

The message of Christ is rightfully embedded in the songs of Christmas, the message of the Gospel in the power of lyric and notes, proclaiming the magic and majesty of what was done for us.  Thank you Jesus!  Enjoy this version of O Holy Night by Martina McBride, and the blessings of Christ the Lord be with you all this Christmas as we wait in joyful anticipation for His Glorious Return!

Middle Class? Here’s What’s Destroying Your Future



Middle Class? Here’s What’s Destroying Your Future (via Market Shadows)

Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. Submitted by Peak Prosperity contributing editor Charles Hugh Smith Middle Class? Here's What's Destroying Your Future According to the conventional account, the Great American Middle Class has been eroded by rising energy costs…

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Would tea party accept a Bill Clinton-brokered deal with Obama?



Would tea party accept a Bill Clinton-brokered deal with Obama? (via The Christian Science Monitor)

Following the decisive victory by the man they vowed three-and-a-half years ago to pry out of the White House, the antigovernment tea party movement found itself reassessing its role within a fractured Republican Party that faced broad electoral disappointments on Election Day. President Obama’s…

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Does Anyone Think Bernanke’s New Plan Can Fix the Economy? – Yahoo! News


Does Anyone Think Bernanke's New Plan Can Fix the Economy? – Yahoo! News.

Federal Reserve chief Ben Bernanke is sick of sitting on the sidelines and on Thursday announced an aggressive new plan to boost the economic recovery by pushing down longer-term interest rates. Econ pundits have been awaiting today’s announcement for weeks following Bernanke’s warnings that the country’s “grave” unemployment rate is untenable. But until now, nobody knew how much the Fed would be willing to spend on a new bond-buying program (the answer: $40 billion per month for an open-ended period of time). Does the new scheme have a shot at working? Here’s what experts are saying:

RELATED: Ben Bernanke Spooked Wall Street

This isn’t going to make a difference, says Wilmer Stith, manager of the Wilmington Broad Market Bond Fund. “QE3, QE4 or QE5 may not do much to boost the economy. The bigger issues are concerns about the election, regulation and the fiscal cliff,” he said, noting that congressional action is the only thing that can save the recovery. “If we fall off the fiscal cliff, we’d likely enter another recession.”

RELATED: Ben Bernanke Is a Monetary Bob Dylan

Not true: It could instill much-need confidence, says Reuters blogger Felix Salmon. “The Fed is now trying to boost the economy by promising to continue buying bonds, in a zero-interest-rate environment, for many, many quarters to come. It’s the promise, rather than the purchases themselves, which is the main difference between QE3 and its predecessors,” he says. “The Fed’s balance sheet is a powerful tool to use — but its vocal chords might be even more powerful still.”

RELATED: Why the Fed Sat on Its Hands

It’s better than doing nothing, says CNN Money columnist

Free Wood Post


Free Wood Post.<

Observers have been previously unable to understand the phenomenon keeping Republicans from being able to say the word “Democratic” when describing the opposition party.

Their insistence on saying things like “the Democrat Party” and “Democrat Senator” were initially thought to be snide little barbs meant to demean the Democratic Party in some sort of not-really-funny way.

Alas, science has come to the defense of grammar-challenged conservatives everywhere. Dr. Rodney P. Malprick of the National Institutes of Health has reportedly identified the gene responsible for the ability to master the entire word “Democratic” and use it in a sentence.

“At first, we thought the inability of some people to say the complete word was a result of the amphibian brain not being able to successfully put four syllables together,” Dr. Malprick said.

“Now that we realize it comes from a genetic deficiency, we understand that these people deserve our sympathy. Through no fault of their own, many conservatives make themselves sound like petty and petulant third graders. We must conduct research that can help them overcome this painful condition,” he added.

It’s hoped that further research can indeed lead to a future wherein Republicans happily call the opposition by the proper name and Democratic Senators are identified as such. Dr. Malprick is planning to develop a powder that can be dissolved in warm milk that will reverse the imbalance and restore phonetic correctness.

Chicano Documentary PBS The Stealing Of Mexico Land Legally By The USA


Debunking The Notion That Inequality Wouldn’t Impact The Economy | Addicting Info


It’s been claimed — incorrectly — that overall activity would neither be increased nor diminished by how evenly or unevenly money is distributed within our national economy. According to that line, we’d get the same amount of commerce regardless of whether we have a larger share of the pie held by the wealthy or by the lower and middle classes. “Money is money,” or so they say.

Except that in reality, lower average propensity to consume (APC) results from significantly increased real income.1 Who has how much matters because people tend to spend different portions of their income at different levels of wealth. Wealth and income distributions make a significant difference to effective demand. We’re not concerned with what people would like to have if they had enough money; we’re concerned with what people will spend with the money they’re getting. If Warren is a wealthy person and John is a poor person and over time Warren attains a higher share of the available money, total spending — effective demand — generated by those two consumers will drop.

If there’s $1,000,000 of total income between the two at time T1 and Warren gets $950,000 while John gets $50,000 and Warren spends 33.33%2 of income to John’s 100% of income, then total spending by these two individuals at time T1 will be:

T1: $316,635 + $50,000 = $366,635.00

When income ratios shift and there’s an inflation-adjusted $1,000,000 of total income at time T2 and Warren gets $975,000 while John gets $25,000, Warren’s spending ratio (APC) will likely have fallen slightly from the previous propensity, but we’ll stick with 33.33% for simplicity and understatement. Meanwhile, John can’t spend as much as before because John’s available funds have dropped. Even if Warren still spends at the same rate — which is unlikely — then total spending would be:

T2: $325,967.50 + $25,000 = $349,967.50

That would be a drop from time T1 to time T2 of $16,667.50 in inflation-adjusted spending. I’ve picked an arbitrary APC for Warren, but herein we’re just showing the rough effect. The dollar values are merely for illustration of the concept. Even if the exact average amount might vary slightly from the $16,667.50 of our illustration, the point remains that there would be a shortfall. With more of the money shifted to those with a lower APC, you get lower consumption which is to say lower effective demand.

Debunking The Notion That Inequality Wouldn’t Impact The Economy | Addicting Info.

‘Nonsense fact’ about union workers used in Super Bowl ad


Posted February 8, 2012 at 10:55 am by Lawrence Mishel

That’s how the Washington Post fact checker, Glenn Kessler, put it in his review of the following assertion used in the Super Bowl ad (watch below) by the Center for Union Facts*: “Only ten percent of people in unions today actually voted to join the union.”

Kessler dug in to see where that came from and apparently it is an “estimate [of the] the proportion of employees who both would have voted for the establishment of a union at their companies and were still in their jobs.” As Kessler points out, this has no bearing on the extent to which workers currently covered by collective bargaining would vote to maintain collective bargaining. It is as relevant, as Jared Bernstein points out, as “saying Virginia isn’t a state because none of its current residents voted for statehood.”

What are the facts? Richard Freeman (Harvard University) and Joel Rogers (University of Wisconsin) report on page 69 in their book, What Workers Want, that 90 percent of union workers wanted to keep their union based on their answer to the question, “If a new election were held today to decide whether to keep the union at your company, would you vote to keep the union or get rid of it?”

Union workers have many special legal rights and protections. For instance, union workers by law have the right to vote for union officers and any dues increase, initiation fee or
assessment. The laws protecting internal union democracy are far stricter than those for corporate governance and shareholder rights. Plus, workers also have clear rights to decertify unions. This ad and this “fact” do not capture what union worker rights are nor even attempt to reflect what union workers’ views are of collective bargaining.

In fact, a much larger share of the non-managerial workforce wants a union than has a union. Freeman wrote in 2007:

“Given that nearly all union workers (90%) desire union representation, the mid-1990s analysis suggested that if all the workers who wanted union representation could achieve it, then 44% of the workforce would have union representation.”

So, if workers could freely have a union when they wanted one, union representation in the United States would be on par with that of Germany.


*By the way, the CUF is just a small part of an array of misleading public relations efforts conducted by Richard Berman on behalf of special interests.

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