ThoughtRogue:  Considering America’s now rampant economic illiteracy and widespread ignorance of history and philosophy, I wonder whether we’re now past the tipping point and the American Dream is doomed?  You’ll notice that every policy decision that our beloved, alleged President makes is to further impoverish Americans – to make them wonderfully dependent, EQUALLY impoverished.

Two excellent books that lay a rock-solid foundation in economics is Henry Hazlitt’s famous Economics in One Lesson, and Basic Economics by Thomas Sowell.  Both explain economics to the layperson, without the use of formulas, with expert precision, allowing the reader to easily dissect for themselves the plethora of economic fallacies they are bombarded with daily.  These should be required reading of all students – not to mention of all politicians especially.

Turning the American economy around is really simple:

• Reduce the taxation monstrosity
• Reduce government spending even more
• Reduce onerous regulations and restrictions
• Reduce bloated, unconstitutional programs and bureaucracies
• Reduce the shackles on individual work and innovation

But, what has the Usurper-in-Chief accomplished and/or supported at every turn?

• Increased Taxes – net jobs killer and wealth destroyer.
• Gigantic Bailouts – net jobs killer and wealth destroyer.
• Increasing Federal Spending and Debt – net jobs killer and wealth destroyer.
• Repeal of Bush Tax Cuts – net jobs killer and wealth destroyer.
• More Money and Power to Unions, Lobbyists, and Government – net jobs killer and wealth destroyer.
• The ‘Cap and Trade’ Energy Bill Boondoggle – net jobs killer and wealth destroyer.
• Support for an Ever-Increasing Minimum Wage – net jobs killer and wealth destroyer.
• The Mass Amnesty of Tens of Millions of Illegal Aliens – net jobs killer and wealth destroyer.
• The Takeover of the Medical and Insurance Industries – net jobs killer and wealth destroyer.
• The National Socialization of Banking, GM, Mortgages, Education.. – net jobs killer and wealth destroyer.

Why Big Government Doesn’t Work

by DOCTOR ZERO, HotAir.com

A person living entirely on their own produces very little, beyond the bare minimum necessities of survival. He has no real “wealth” – no surplus production, to spend on discretionary endeavors. He has few real options in life, beyond daily survival. His moments of real choice come when he gets lucky. An exceptionally fortunate hunt might feed him for a few days, and give him some precious leisure time. Otherwise, he does what he must do, and rarely has time to think about what he could do. Some people enjoy living this way, but most do not.

The situation improves somewhat in a small, voluntary collective: a partnership with a trusted friend, or a small family living on its own. Their combined efforts produce more surplus food, and they can address the necessities of life with less individual effort. They may develop skills and talents that prove valuable to each other. Some people are content to live this way, with a small and isolated family that maintains very little contact with the rest of humanity – but, again, most are not.

When families begin cooperating with each other, production and wealth explode. Communities generate tremendous amounts of surplus production, and commerce allows people access to goods and services they could never produce themselves. The amount of time required to deal with personal survival dwindles away to virtually nothing. Doubtless the reader works hard at his or her job, but your job probably has very little to do with feeding or clothing yourself, or defending yourself from predators. Instead, you produce goods and services that would be unimaginable to a more primitive society – could you explain your job to someone from the tenth century A.D.? In exchange, you earn money, which you spend to purchase what you need – and, more importantly, what you want. Even the poorest member of an advanced society has options.

An advanced society requires a method for allocating its huge amount of surplus production, and meeting the basic needs of its members. There are two general mechanisms for doing this: commerce and government. Every society uses a mixture of these methods. Even the most totalitarian government has a black market, and even the most free-wheeling capitalist society will have a government. Attempts to artificially engineer a society without either commerce or government are doomed to failure, because they will form spontaneously, no matter how strictly they are forbidden.

Government and commerce don’t just co-exist in an uneasy truce. They need each other. Commerce, the free exchange of money for goods and services, produces wealth through choice. Remember the example of the man living alone: the poverty of his existence comes from his lack of choices. The value of money flows from the way it allows consumers to express their choices. For a simple illustration of this principle, compare a ten-dollar restaurant gift certificate to a ten-dollar bill. The ten dollar bill is more valuable than the gift certificate, because you have more choice in how to spend it. A government increases the wealth of its citizens by providing security – stable currency, secure borders, protection from criminals, respect for property rights, and legally enforceable contracts, to name a few of government’s duties. This has the effect of increasing the citizens’ wealth, by increasing the choices available to them. A ten-dollar bill has more value in a large, lawful city than on a tiny island where few goods are available, or a den of thieves where nothing can be bought with confidence.

Consider the example of the impoverished loner versus the citizen of a prosperous society again. The citizens’ money represents wealth, thanks to his many choices, but it represents something else of enormous value: extra time. The loner spends most of his waking hours staying alive, and seeing to his minimal needs. The wealthy citizen spends almost no time on these things – he uses it for economically productive work, self-improvement, and leisure. A ten-dollar bill will purchase you a shirt that you probably don’t know how to make yourself… and even if you had the knowledge, it would most likely take you longer to make the shirt than it takes you to earn ten dollars.

Government allocates wealth through top-down commands, imposed by force. There would be no need for massive tax and spending bills if everyone was freely choosing to spend their money the way the government wants them to. Capitalism has priorities, while government has imperatives. Capitalists fulfill their ambitions through competition, which increases the choices available to consumers. The ambitions of the working class lead them to work harder, and engage in increasingly valuable and productive labor, to earn a better living for themselves and their families. This system is not perfect – there will always be people who try hard but don’t get ahead, and people who don’t make a very productive contribution to society – but over the long run, and measured against a population of millions, free market commerce will tend to produce increased choices, improved technology, and greater value through competition.

Government fulfills its ambitions through compulsion, which reduces choice. Sometimes compulsion is necessary – you can’t fund national defense by passing around a collection plate. When government exceeds the minimal functions necessary to provide stability and security, and begins interfering in the economy for the benefit of certain constituencies, by definition it reduces the overall choices available to its citizens. It doesn’t matter if the government’s intentions are noble – every law it passes to redistribute wealth inevitably reduces wealth, because it reduces choice.

In an economy dominated by the government, the ruling class fulfills its ambitions by serving faithful constituencies at the expense of others. It tries to address its failures by increasing control, which reduces wealth even further, in a downward spiral. It’s not in the nature of government to abandon failed programs, because if government was intelligent and morally superior enough to assert control over a situation in the first place, it will not see the logic in surrendering that control to inferior free-willed citizens. Instead, it will redouble its efforts.

In this environment, the citizens can best fulfill their ambitions by joining favored constituencies if possible, and becoming adept at petitioning the government for greater benefits. This tends to be more successful than working hard, as there is little competition in a state-run economy for the most skilled and productive workers. There are always exceptions – people who give 100% effort out of compassion, personal drive, or a religious calling. There will be politicians who are truly selfless, and sincerely wish to act as wise stewards for the resources of society. Exceptional people cannot be relied upon to power a society of millions. In the long run, and projected over a vast population, the incentives of a government-dominated economy produce stagnation, and strife between warring groups of citizens, who can only gain more benefits at each others’ expense.

That is why Big Government never works. It can’t address conflicting priorities efficiently. The ambitions of its masters are best served by catering to the demands of small, energetic groups, or big corporations who wish to compromise its rightful duty to ensure free trade. Its citizens are not rewarded for exceptional effort, or taking great risks. Worst of all, every single action it takes destroys the very wealth needed to improve the lives of its citizens. Big Government pounds on every problem with a hammer that crumbles in its hands.

And the rise of Islam…

by Mr. H

Back in July a conference was held by an organization with ties to extremist.

The conference was titled, “The Fall of Capitalism and the rise of Islam”. It took place in Chicago, on American soil, and our main stream media sat silent.

Please watch the news report below with Laura Ingraham & Steve Emerson about the Islamists meeting that was held in Chicago.

As reported in the video above, the main agenda of this organization (Hizb Ut-Tahrir) is to destroy our way of life in the west by removing our Constitution and enforcing Sharia law here in the United States and the world.

So who exactly is Hizb Ut-Tahrir?

Hizb ut-Tahrir alumni include 9/ll mastermind Khalid Sheikh Mohammed, the late Iraqi terrorist leader Abu Musab Zarqawi and would-be Hamas suicide bombers, and the group’s pro-jihadist rhetoric has led critics to label it a “conveyor belt for terrorists.”

…”Hizb ut-Tahrir preaches an ideology that calls for the destruction of the principles that America is founded on,” said Zuhdi Jasser, president of the American-Islamic Forum for Democracy. “While their words are protected by our First Amendment, their actions and movement must not be allowed to take hold. The silence of American Islamist organizations like [the Council on American-Islamic Relations] CAIR and [the Islamic Society of North America] ISNA in condemning the ideologies of Hizb ut-Tahrir and their agenda of insurgency in America speaks volumes to their own, albeit, more camouflaged Islamist agenda.” ^[1]

Hizb ut-Tahrir is a global Sunni network with reported ties to confessed 9/11 mastermind Khalid Sheikh Mohammed and Al Qaeda in Iraq’s onetime leader Abu Musab al-Zarqawi. It has operated discreetly in the U.S. for decades. ^[3]

Hizb ut-Tahrir is an Islamist network that is committed to creating an Islamic Caliphate that spans the globe. The organization is banned in Germany and Russia as well as several Arab countries and targets Muslim children between the ages of 9 and 18. Many compare their efforts to organizations like the Hitler Youth. Khalid Sheikh Mohammed, the mastermind of the 9/11 attacks, is counted among their alumnus.

“Americans need to be vigilant to not allow Hizb ut-Tahrir to establish a stronghold in the American Muslim Community,” said Dr. Zuhdi Jasser, President of AIFD. “All American Muslim organizations including CAIR (Council for American Islamic Relations) and ISNA (Islamist Society of North America) need to be on the record that Hizb ut-Tahrir’s actions, ideologies and mission are unacceptable to both Americans and as Muslims.” ^[4]

What was their agenda at this conference?

Hizb Ut-Tahrir: Shariah Takes Precedence over U.S. Constitution
Imam Promises to Fight “Until Islam Becomes Victorious or We Die in the Attempt”

Later, the following dialogue ensued between the imam and a member of the audience over whether Shariah or the Constitution should be the supreme law of the land in the United States (click here to see the clip):

… A speaker identified by conference organizers as Imam Jaleel Abdul Adil said that “if they offer us the sun, or the moon, or a nice raise, or a passport, or a house in the suburbs or even a place to pray at the job, on the condition that we stop calling for Islam as a complete way of life – we should never do that, ever do that – unless and until Islam becomes victorious or we die in the attempt. ” (To see the clip, click here.)

Audience member: “Would you get rid of the Constitution for Shariah, yes or no?”

Imam: “Over the Muslim world? Yes, it would be gone.”

Audience Member: And so if the United States was a Muslim world, the Constitution would be gone?”

Imam: “If the United States was in the Muslim world, the Muslims who are here would be calling and happy to see the Shariah applied, yes we would.”

Audience Member: “And the Constitution gone. That’s all.”

Imam: “Yes, as Muslims they would be long gone.”

While Hizb ut-Tahrir’s controversial message attracted demonstrators and some media attention, the group at least is open about its ambitions. It not only is determined to destroy capitalism — it would shred the United States Constitution as well in favor of Shariah law ^[1]

In addition, we have others in the United States who are not part of this organization, but rather individuals handpicked by Mr. Obama who see no problem with implementing Shariah Law in certain cases within the confines of the United States judicial system.

JUDGES should interpret the Constitution according to other nations’ legal “norms.” Sharia law could apply to disputes in US courts. The United States constitutes an “axis of disobedience” along with North Korea and Saddam-era Iraq.

Those are the views of the man on track to become one of the US government’s top lawyers: Harold Koh.

A New York lawyer, Steven Stein, says that, in addressing the Yale Club of Greenwich in 2007, Koh claimed that “in an appropriate case, he didn’t see any reason why sharia law would not be applied to govern a case in the United States.” ^[2]

Final Thoughts

If we look to Europe with the issue they face in regards to Islamofascism, we here in the United States better be extremely diligent on how we handle these organization that are located within our borders for if we do not we will be looking straight into a mirror and what we see unfold in England will happen here in America. If we truly enjoy our way of life, and wish to keep our Constitution in tact, we need to make sure that everyone understands the ideologies behind these organization and what they would like to enforce upon the America people.

The longer we sit silent, the more damage they can and will inflict.

Remember this:

“All that is necessary for the triumph of evil is that good men do nothing.”
(Edmund Burke)

It is time that the good men and women of this nation, the United States of America, stand up and start taking our rights back, the rights that were given to us by our founding fathers on a document titled, “The Constitution”.

And if my memory serves me correctly the constitution is still the law of the land, so stop acting as if it isn’t, and use your constitutional rights, and SPEAK OUT!

Source

1. Hizb Ut-Tahrir: Shariah Takes Precedence over U.S. Constitution
   Imam Promises to Fight “Until Islam Becomes Victorious or We Die in the Attempt”
   http://www.investigativeproject.org
2. OBAMA’S MOST PERILOUS LEGAL PICK
   http://www.nypost.com
3. Islamic Supremacist Group Holds First U.S. Conference
   http://www.foxnews.com
4. Jihadist Indoctrination Group Recruiting in Chicago
   http://www.aifdemocracy.org

UPDATE:  See Pro-Terror Group to Meet in Chicago Suburb

by Paul Revere –  A No Compromise Media Contributor

But will all the leaders be tried for treason?! Highly unlikely in our PC world, but perhaps you’d like to inform your senators and rep’s, or those from Illinois. This is BOLDFACE TREASON. Their promotional ad welcomes the “Fall of Capitalism.” Free markets (stress “free” for now) are at the center of our American way of life.

This video is posted by Hisb Ut-Tahrir, which means “Party of Liberation” in Arabic. This Islamist organization believes it has a call from Allah to liberate the entire world (from all it’s “trappings”) to Islam. 

Talk to the media: radio, TV, and local internet sites.

You can always contact your representatives: U.S. Capitol switchboard: 1-202-224-3121. Make a 1 minute call to voice your alarm about this. Illinois Senators are Dick Durbin and Roland Burris. Let them know of the “take down the US” conference going on in their own backyard.

Remember the Florida hotel who didn’t allow Dutch Politician Geert Wilders to show his movie “Fitna”? They caved in to Islamic threats and cancelled that showing, and yet here is an Islamic conference bent on the fall of our way of life, and my question is …

Is anyone going to stop this?

TR:  Who would have thought that observations by a Russian, printed in Pravda would contain more objective reporting that anything you’ll now find in our obsolete “Mainstream Media”?  I don’t blame them one bit for snickering at our demise – accomplishing without a shot what nuclear MAD and the Cold War never did..

American capitalism gone with a whimper

By Stanislav Mishin of Mat Rodina, at Pravda Online

American Civilization, Crumbling

It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their “right” to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our “democracy”. Pride blind the foolish.

Then their faith in God was destroyed, until their churches, all tens of thousands of different “branches and denominations” were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the “winning” side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the “winning” side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.

Your Savior

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America’s short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?

These men, of course, are not an elected panel but made up of appointees picked from the very financial oligarchs and their henchmen who are now gorging themselves on trillions of American dollars, in one bailout after another. They are also usurping the rights, duties and powers of the American congress (parliament). Again, congress has put up little more then a whimper to their masters.

Then came Barack Obama’s command that GM’s (General Motor) president step down from leadership of his company. That is correct, dear reader, in the land of “pure” free markets, the American president now has the power, the self given power, to fire CEOs and we can assume other employees of private companies, at will. Come hither, go dither, the centurion commands his minions.

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White House Puts UAW Ahead of Property Rights

By Michael Barone

Big Barry ("Mack Daddy!")

 Last Friday, the day after Chrysler filed for bankruptcy, I drove past the company’s headquarters on I-75 in Auburn Hills, Mich. As I glanced at the pentagram logo, I felt myself tearing up a little bit. Anyone who grew up in the Detroit area, as I did, can’t help but be sad to see a once great company fail.

But my sadness turned to anger later when I heard what bankruptcy lawyer Tom Lauria said on a WJR talk show that morning. “One of my clients,” Lauria told host Frank Beckmann, “was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under threat that the full force of the White House press corps would destroy its reputation if it continued to fight.

Lauria represented one of the bondholder firms, Perella Weinberg, which initially rejected the Obama deal that would give the bondholders about 33 cents on the dollar for their secured debts while giving the United Auto Workers retirees about 50 cents on the dollar for their unsecured debts.

This, of course, is a violation of one of the basic principles of bankruptcy law, which is that secured creditors — those who loaned money only on the contractual promise that if the debt was unpaid they’d get specific property back — get paid off in full before unsecured creditors get anything. Perella Weinberg withdrew its objection to the settlement, but other bondholders did not, which triggered the bankruptcy filing.

After that came a denunciation of the objecting bondholders as “speculators” by Barack Obama in his press conference last Thursday. And then death threats to bondholders from parties unknown.

The White House denied that it strong-armed Perella Weinberg. The firm issued a statement saying it decided to accept the settlement, but it pointedly did not deny that it had been threatened by the White House. Which is to say, the threat worked.

The same goes for big banks that have received billions in government TARP money. Many of them want to give back the money, but the government won’t let them. They also voted to accept the Chrysler settlement. Nice little bank ya got there, wouldn’t want anything to happen to it.

Left-wing bloggers have been saying that the White House’s denial of making threats should be taken at face value and that Lauria’s statement is not evidence to the contrary. But that’s ridiculous. Lauria is a reputable lawyer and a contributor to Democratic candidates. He has no motive to lie. The White House does.

Think carefully about what’s happening here. The White House, presumably car czar Steven Rattner and deputy Ron Bloom, is seeking to transfer the property of one group of people to another group that is politically favored. In the process it is setting aside basic property rights in favor of rewarding the United Auto Workers for the support the union has given the Democratic Party. The only possible limit on the White House’s power is the bankruptcy judge, who might not go along.

Michigan politicians of both parties joined Obama in denouncing the holdout bondholders. They point to the sad plight of UAW retirees not getting full payment of the health-care benefits the union negotiated with Chrysler. But the plight of the beneficiaries of the pension funds represented by the bondholders is sad, too. Ordinarily you would expect these claims to be weighed and determined by the rule of law. But not apparently in this administration.

Obama’s attitude toward the rule of law is apparent in the words he used to describe what he is looking for in a nominee to replace Justice David Souter. He wants “someone who understands justice is not just about some abstract legal theory,” he said, but someone who has “empathy.” In other words, judges should decide cases so that the right people win, not according to the rule of law.

The Chrysler negotiations will not be the last occasion for this administration to engage in bailout favoritism and crony capitalism. There’s a May 31 deadline to come up with a settlement for General Motors. And there will be others. In the meantime, who is going to buy bonds from unionized companies if the government is going to take their money away and give it to the union? We have just seen an episode of Gangster Government. It is likely to be part of a continuing series.

Tea parties, ‘ethical populism,’ and the moral case against redistribution

By Arthur C. Brooks, American Enterprise Institute

Redistribution.

There is a major cultural schism developing in America. But it’s not over abortion, same-sex marriage or home schooling, as important as these issues are. The new divide centers on free enterprise — the principle at the core of American culture.

Despite President Barack Obama’s early personal popularity, we can see the beginnings of this schism in the “tea parties” that have sprung up around the country. In these grass-roots protests, hundreds of thousands of ordinary Americans have joined together to make public their opposition to government deficits, unaccountable bureaucratic power, and a sense that the government is too willing to prop up those who engaged in corporate malfeasance and mortgage fraud.

The data support the protesters’ concerns. In a publication with the ironic title, “A New Era of Responsibility,” the president’s budget office reveals average deficits of 4.7% in the five years after this recession is over. The Congressional Budget Office predicts $9.3 trillion in new debt over the coming decade.

And what investments justify our leaving this gargantuan bill for our children and grandchildren to pay? Absurdities, in the view of many — from bailing out General Motors and the United Auto Workers to building an environmentally friendly Frisbee golf course in Austin, Texas. On behalf of corporate welfare, political largess and powerful special interests, government spending will grow continuously in the coming years as a percentage of the economy — as will tax collections.

Still, the tea parties are not based on the cold wonkery of budget data. They are based on an “ethical populism.” The protesters are homeowners who didn’t walk away from their mortgages, small business owners who don’t want corporate welfare and bankers who kept their heads during the frenzy and don’t need bailouts. They were the people who were doing the important things right — and who are now watching elected politicians reward those who did the important things wrong.

Voices in the media, academia, and the government will dismiss this ethical populism as a fringe movement — maybe even dangerous extremism. In truth, free markets, limited government, and entrepreneurship are still a majoritarian taste. In March 2009, the Pew Research Center asked people if we are better off “in a free market economy even though there may be severe ups and downs from time to time.” Fully 70% agreed, versus 20% who disagreed.

Free enterprise is culturally mainstream, for the moment. Asked in a Rasmussen poll conducted this month to choose the better system between capitalism and socialism, 13% of respondents over 40 chose socialism. For those under 30, this percentage rose to 33%. (Republicans were 11 times more likely to prefer capitalism than socialism; Democrats were almost evenly split between the two systems.)

The government has been abetting this trend for years by exempting an increasing number of Americans from federal taxation. My colleague Adam Lerrick showed in these pages last year that the percentage of American adults who have no federal income-tax liability will rise to 49% from 40% under Mr. Obama’s tax plan. Another 11% will pay less than 5% of their income in federal income taxes and less than $1,000 in total.

To put a modern twist on the old axiom, a man who is not a socialist at 20 has no heart; a man who is still a socialist at 40 either has no head, or pays no taxes. Social Democrats are working to create a society where the majority are net recipients of the “sharing economy.” They are fighting a culture war of attrition with economic tools. Defenders of capitalism risk getting caught flat-footed with increasingly antiquated arguments that free enterprise is a Main Street pocketbook issue. Progressives are working relentlessly to see that it is not.

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