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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Tuesday, August 31, 2010

Setting the Bar Low, Setting the Bar High - Winds of Change.NET

For them a "moderate Muslim" is simply anyone who isn't trying, either directly or indirectly, to kill them. This truly does reflect having two standards,
Islam is one of the most bigoted approaches to life that I have encountered. But a moderate Muslim is not one that simply does not want to kill me, its one that accepts tolerance of me and my life. I think that some hard lefties probably hold that Southern conservative Christians offer more risk then Islam. I differ with that preposition and we need to hold all Moslems to the standarv of American life irrespective of the concept of religious tolerance or not.

How does one know to be tolerant of a religion unless one knows that it is truly a religion or a political movement.


Setting the Bar Low, Setting the Bar High - Winds of Change.NET

Monday, August 30, 2010

YouTube - I Want Your Money Trailer (2010) HD

As the US government continues down the path towards socialism/communism, it is important to keep in mind that we still have the capacity to fight for our liberty. Remember.... "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

If it takes violence to take our lives back, then so be it!

Wisdom.....

Sally was driving home from one of her business trips in Northern Arizona when she saw an elderly Navajo woman walking on the side of the road.

As the trip was a long and quiet one, she stopped the car and asked the Navajo woman if she would like a ride.

With a silent nod of thanks, the woman got into the car.

Resuming the journey, Sally tried in vain to make a bit of small talk with the Navajo woman. The old woman just sat silently, looking intently at everything she saw, studying every little detail, until she noticed a brown bag on the seat next to
Sally.

'What in bag?' asked the old woman.

Sally looked down at the brown bag and said, 'It's a bottle of wine. I got it for my husband.'

The Navajo woman was silent for another moment or two. Then speaking with the quiet wisdom of an elder, she said:

'Good trade.....'

Friday, August 27, 2010

Gullible Americans!!!!!!



The Obamessiah is feckless and worse than worthless, the US was gullible and is burying itself in socialism that will not only fail to deliver what is promised but will destroy the fabric of American life. Good luck US, you have elected a bunch of buffoons.

Friday, August 20, 2010

Vineyard buzzes less for Obamas’ second visit - The Boston Globe

The Obamessiah and his sweet little family, fresh off on their 6th vacation of the year will again be spending a relaxed time in the tony environs of Martha's Vineyard. However, not all is copacetic as worshippers of the second coming of FDR has deflated their adoration of the campaigner-in-chief and frontman of the Axelrod administration. This contraction of idolatry has manifested itself in the decrease in various clothing pieces that exalt the extraordinariness of the whiner-in-chief....
One barometer of the plunge in excitement has been the sale of Obama-themed T-shirts, which designers had been banking on after the craze of last year. Clothing labeled with the president’s name sold by the thousands, helping to salvage a tough economic year for the island.

But this year’s T-shirt sales are much less brisk, merchants say.

“Last year, Obama gave you goose bumps, but I don’t think you’re going to see that this year,’’ said Alex McCluskey, co-owner of the Locker Room, who sold more than 4,000 “I vacationed with Obama’’ T-shirts last year. But so far this year, he said, his hot item is T-shirts of former President Bush asking, “Miss me yet?’
If I was there, I would be wearing one those shirts with YES written by marker on it!

Vineyard buzzes less for Obamas’ second visit - The Boston Globe

Tuesday, August 17, 2010

Edward Pinto: The Future of Housing Finance - WSJ.com

There is so much wrong with the American housing market but the US Government continues to insist upon extraordinary non-market measures to try to keep it afloat. This approach to trying to prop up investment into housing will only serve to prolong and deepen the agony in the housing market and more than likely create other problems in the American economy.

However, one must always remember that roots of the housing market collapse are in central government command policies that created excess investment and higher prices to start with. This is the money quote from the attached article.....
In 1991, the Senate Committee on Banking, Housing, and Urban Affairs was advised by community groups such as Acorn that "Lenders will respond to the most conservative standards unless [Fannie Mae and Freddie Mac] are aggressive and convincing in their efforts to expand historically narrow underwriting."

Congress made this advice the law of the land when it passed the inaptly named Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (GSE Act of 1992). This law imposed affordable housing mandates on Fannie Mae and Freddie Mac
. Essentially what it did, was create demand for less than credit worthy loans and these loans were eventually forced onto the books of the under-capitalized mortgage guarantee companies.

This sin, along with other non-market and less than best practice government mandates created the housing bubble and the bubble's collapse late in the last decade.

Edward Pinto: The Future of Housing Finance - WSJ.com


An elderly spinster who was a dog lover agreed to look after and house her neighbors' dog while the neighbors went on their holidays.

The only problem was that the spinsters own dog was a bitch that was on 'heat' and the neighbors' dog was a male. Nevertheless she had a large house and she was able to keep the two dogs apart.

As she lay in her bed drifting off to sleep the spinster was suddenly awakened by an awful howling and moaning sounds from downstairs. she rushed downstairs to find the dogs locked together, as dogs do when mating. The dogs were in obvious pain howling but unable to disengage.

Try as she might she could not part them and she was perplexed as what to do next.

Though it was late she reluctantly phoned the vet and after a few rings a rather grumpy voice of the vet answered the phone.

The spinster explained the problem, The vet said. "I want you to take the phone to the dogs and place it down alongside them. I will then phone your number back and the noise of the telephone ringing should make the male dog lose his erection and be able to withdraw from the bitch"

"Oh" Said the spinster. "Do you think that will work?"

"Well" The vet replied, "IT JUST WORKED ON ME".

Friday, August 13, 2010

Quote of the day.....

"information is the most important commodity, wouldnt you agree?"

-Gordon Gekko
-

Thursday, August 12, 2010

Who said this?

Still so very true today as it was 47 years ago. Why people believe otherwise is mystery to me.....
Tax reduction thus sets off a process that can bring gains for everyone, gains won by marshaling resources that would otherwise stand idle—workers without jobs and farm and factory capacity without markets. Yet many taxpayers seemed prepared to deny the nation the fruits of tax reduction because they question the financial soundness of reducing taxes when the federal budget is already in deficit. Let me make clear why, in today's economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarged the federal deficit—why reducing taxes is the best way open to us to increase revenues.

—President John F. Kennedy,
Economic Report of the President,
January 1963

Smarts from Cambridge University....

The following is the 2010 winning entry from an annual contest at Cambridge University calling for the most appropriate definition of a contemporary term.

This year required a definition for the contemporary term: 'Political Correctness'.

The winner wrote: 'Political Correctness is a doctrine fostered by a delusional, illogical minority, and rapidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.'

Why the U.S. Is Bankrupt and We Don’t Even Know It: Laurence Kotlikoff - Bloomberg.com

The US is bankrupt and there is very little that we can do about it. just consider this concept with these back of the envelope calculations.....
There are 78 million baby boomers. They will, over the next 25 or so years, become eligible for Social Security. Obviously, not all of them will be alive in 25 years, but lets assume that in 25 years, 50 million of them will still be alive. On average, in today's dollars, they will collect $2,000 a month in benefits which is $24,000 a year in income.So, they will collect....
50,000,000 times $24,000 equals 1,200,000,000 per year
With US GDP at around $15 trillion, this represents 8% of GDP. Or more than half of the total taxes collected by the Federal government. When you strip in Medicare obligations and other obligations, it will be impossible to collect enough taxes to meet these obligations.
People my age and younger do not hold the fantasy notion that the Federal government of the US will keep their promises to us despite collecting taxes for just these promises over a period of a lifetime.

I do not look forward to the anger as people get screwed but we can be assured that things will change dramatically for Americans. If we do it ourselves, then things will tend towards improvement. If we rely upon the opiate of Washington promises, it will tend towards catastrophe.

U.S. Is Bankrupt and We Don’t Even Know It: Laurence Kotlikoff - Bloomberg.com

Tuesday, August 10, 2010

Chicago Boyz » Blog Archive » How Politicians and Regulators Caused the Sub-Prime Financial Crisis of 2007 and the Subsequent Crash of the Global Financial System in 2008, and Likely Will Again

Chicago Boyz » Blog Archive » How Politicians and Regulators Caused the Sub-Prime Financial Crisis of 2007 and the Subsequent Crash of the Global Financial System in 2008, and Likely Will Again

Thursday, August 05, 2010

An August Surprise from Obama? | Analysis & Opinion |

This is the biggest batch of nonsense that I have ever heard. The maniacs running Washington and running the nation into the ground are contemplating knocking US$800 billion off of the balances of homeowners whose home prices have fallen below the loan balance. This desperate attempt, if it does happen, will hopefully be the final nail in the coffin of government intervention as this will be the end of the government's ability to stimulate the economy,

However, this wrongheaded approach to government intervention in markets is just transferring money to stupid people and those dopes that purchased houses at the top of the market. It will be paid for by those who did not purchase homes or those that rent. It will b e paid for by our children an grandchildren who will be forced to mop up our socialist mess.

There really is not reason what-so-ever to stay in the US and giving up citizenship for those that are capable of doing so should be deeply considered. The nation will be in a economic freefall within the next 5 years if this kin of nonsense continues.

An August Surprise from Obama? | Analysis & Opinion |

Monday, August 02, 2010

The Constitution, at Last - Charles R. Kesler - National Review Online

I am no longer an optimist on the prospects for the USA since I think that the Constitution is largely now a dead document. No longer the arbitrator of American liberty, it is now used by competing faction to achieve their vision of social and economic order. However, there are still optimists around, as this writer is, I just do not think that it is wise to stick around and see if people are willing and able to fight against the march of tyranny.

The Constitution, at Last - Charles R. Kesler - National Review Online