The myth that civil liberties are the stock and trade of organizations like the ACLU has been exposed as but a mere memory of days gone by. What “so called” progress achieved by left leaning advocates in the arena of fighting for individual liberty, is relegated to the back corners of history. The true basis for fostering a culture of respect and preservation of citizen rights always reverts to the principles founded in the law, based upon natural rights. The trap that most social advocates fall into is that their reading of history has a significant blind spot. The notion that evolving circumstances are equivalent with a shifting character of rights misses the inalienable constancy of inherent autonomy as the primary principle.
The informative business publication, Zero Hedge, featured the voice of common sense and economic insight, Rick Santelli.
“CNBC’s Rick Santelli asks the (rhetorical) question that everyone should ask: “[What the Fed minutes said] is, listen, we have to wait for bigger confirmation that the economy is doing better; and for that, we’re going to look at the employment side. [At the same time] we have the fewest people working that can work in 30 years, and all-time-record-high profits for corporations. Now, does that strategy sound rational to you?” It seems, now that Bernanke has seemingly promised that it will really never end, that Santelli’s question will become increasingly critical in this country.”
The news that GOP House Representatives voted in favor of a celebrated defunding bill certainly has long dormant political soothsayers coming out in force with reports from their congressional sources. A good old-fashioned brash knucklers fight gets everyone juiced up. Freedom Works is pushing a petition to Tell Congressional Republicans to Defund ObamaCare in 2013. While the Huffington Post reports, Red State Democrats Oppose Republican Effort To Defund Obamacare. With all the political pundits eager to share their version of wisdom, we get conclusions as varied as the stars that represent the states.
So appropriate that the architect of banking deregulation, Larry Summers pleads that he is not the right person to head up the Federal Reserve. No S$%#. Well, the Fed is certainly the hot seat under normal circumstances. What will it be like when the next crisis directly puts into play the reserve currency status of the dollar? Do not worry, anniversaries are supposed to look at the brighter side. Never mind, our benevolent government is hard at work presenting the public with the kind of assurance that would make anyone start singing happy birthday.
With a failed Presidency, Barak Obama is on the verge of becoming a perpetual buffoon in a skit on Saturday Night Live. Even with such public distain, the destructive policies of the rogue government merrily continue. The bipartisan cabal class of careerists operates as if they are permanently immune from public outrage. Up to now, they are correct. The Tea Party was hijacked and went dormant, the bulk of the anti-war opposition is AWOL and the government trolls within the occupied movement are now interning at Goldman Sacks. As for the throngs of Obama cult worshipers, who continue to place their faith in state decency and righteousness, are still on a pilgrimage to cash their loyalty checks. Yet, something has changed, but is it too late?
Contrary investing used to be a profitable endeavor. Things have changed. The doom business is in full swing as many financial prognosticators seek to hedge their normally ecstatic outlooks in order to sell their advice. When tragedy becomes a consensus sentiment, it used to be the time to buy. Now that formula has to factor in a different set of risks. Namely the incoherent political intrusions and stimulus-austerity gyrations has to head the list. Has forecasting become a lost art or did it evolve into an algorithm supercomputer project? In either case, the doom factor is sure to continue to be a stable from the Cassandra circle as long as an economic recovery allures the former members of the middle class.
The philosophical condemnation of the supremacy in individual liberty verses the reigning doctrine of collective dominance, is a primary cause for the destruction of Western Civilization principles. Rene Descartes preferred to do his radical doubt thinking in solitude. In today’s society, thinking is about as foreign as rational behavior. In order to understand the timeless values and precepts that fostered the underpinnings of our Western thought and heritage, the significance of Descartes needs a close examination.
When is a bank an appendage of state? In China, the incorporation of commercial banking under the auspice of governmental policy is virtually indistinguishable. Philosophically, any government should have control of their currency and structure the precepts of banking and lending system. Capitalist banking would command a greater pragmatic function if competition among banks was based upon free enterprise. However, under the central banking scheme governments regulate banks, but are creatures of fractional reserve debt money issued by central bank parentage. The Chinese way has included a touch of mystery when analyzed within the context of western international banking.
Just like a broken clock, it tells correct time twice a day. Barack Hussein Obama’s promise to have Congress vote upon his Syria’s strike force plans is a first since the historic constitutional betrayal in the Gulf of Tonkin Resolution. Even the feeble attempt in The War Powers Act of 1973, to place accountability on Imperial Presidents, routinely ignored by other POTUS, struck new heights of arrogance and abuses under this infamous Nobel Peace Prize President.