Posts Tagged: debt

Glacier-Crevice

The Fed Is Your Enemy, And The Elite Is In-Tow

By 6 Comments 1,474 views

Envision yourself on the Mount Everest ice field called the Khumbu icefall. You are with a group negotiating a crossing of the ice field on your way to the summit of Everest. You are almost at Camp One, having left base camp and are struggling through the most difficult acclimatization portion of your climb. You are part of a team, the first team up the mountain in this particular expedition, but in this endeavour, you feel alone. You are fighting nature’s forces, all of them — gravity, extreme cold, violent winds, blinding snow storms, thin oxygen, your own contracting blood vessels, cramps, and one step at a time you cross ladders, and you clip onto and off ropes that have been fixed in the ice. You worry each time you unclip your carabiner. Each might just be the moment when ice moves and disaster hits. And then it happens.

palin

NOW, MSNBC, Obama: Hypocrisy on Parade (Reader Post)

By 10 Comments 1,561 views

Governor Sarah Palin, on Saturday, November 9, 2013, compared the ever increasing national debt to slavery. Palin said: Our free stuff today is being paid for by taking money from our children and borrowing from China. When that money comes due – and this isn’t racist, but it’ll be like slavery when that note is… Read more »

Future Generation Burden

Generational Gapping – $222 Trillion Worth of Schism

By 2 Comments 1,043 views

“Since the masses are always eager to believe something, for their benefit nothing is so easy to arrange as facts.”  This scornful observation of our human nature is attributed to Charles Maurice de Talleyrand, an astute politician and long persevering survivor of the French revolution and Napoleonic eras.  Senior politicians and government mandarins in Washington… Read more »

tim-cook-congress-testify-apple

What Apple Should have Said to Congress [Reader Post]

By 5 Comments 976 views

Baby Bob and his efforts to keep us on our toes have once again knocked me a bit behind the news cycle, but this story was too good to let slip by the wayside. On May 21st Apple CEO Tim Cook was hauled before Congress because various politicians felt that Apple had not paid its… Read more »

alg_presidents

It’s Time for the President to Lead by Example (Reader Post)

By 17 Comments 641 views

We survived The Fiscal Cliff, and the Sequester has come and amazingly a small reduction in the rate of growth to the federal government’s spending has not led to the collapse of the American economy. Granted, the president has chosen to use it to punish the American people since he has the convenience of his Palace Guards… Read more »

UTOPIA

A Critical Turning Point In American History

By 15 Comments 893 views

We progress, marching forward leaving behind us a trail of yesterdays, filled with events large and small, assembling memories, but some of the more momentous occurrences rise to a superior level which we include in our collective “history.” In that wake of our advance some of those momentous waves swell further, rising to become events that only hindsight can identify as pivotal moments in that shared recollection.

pete stark

Failing Upward [Reader Post]

By 4 Comments 829 views

A few weeks ago Cafe Hayek published a letter that cofounder Don Boudreaux had sent to NPR in response to an interview with outgoing Congressman Pete Stark: Here’s a letter to NPR reporter Julie Rovner: Ms. Julie Rovner Morning Edition National Public Radio Dear Ms. Rovner: In your interview yesterday with outgoing U.S. Congressman Pete… Read more »

phpPWaTuYAM

It’s Time for the Wealthy to Pay for their Fair Share of Taxes, Part II [Reader Post]

By 23 Comments 1,476 views

I’m not a fan of Ann Coulter – her style is a little too abrasive for me, and while I usually agree with the philosophy of her arguments I’ve generally found her supporting info to be too factually challenged to take seriously. But once in a while she makes an excellent point, and this is… Read more »

The Fed

The FED and Indentured Citizens

By 33 Comments 970 views

In 1913 Congress abdicated its Constitutional responsibility over currency on behalf of the people when it created the monster called The Federal Reserve System. In creating a private joint stock entity, Congress not only surrendered jurisdiction over the dollar, it also relinquished control, oversight, and authority over the institution intended to manage the citizens’ currency. Decisions… Read more »