Cleaning Out 2015’s Closet.

Posted December 31, 2015 by austrianaddict
Categories: Miscellaneous

Tags: , , , , ,

I try to read everything Walter E. Williams and Thomas Sowell write. Here are five articles that I’ve had bookmarked but haven’t had time to post.

Attacking The Truth, by Thomas Sowell, at jewishworldreview.com. Excerpts from the article.

“Among the many sad signs of our time are the current political and media attacks on Supreme Court Justice Antonin Scalia, for speaking the plain truth on a subject where lies have been the norm for years.”
“Affirmative action is supposed to be a benefit to black and other minority students admitted with lower academic qualifications than some white students who are rejected. But Justice Scalia questioned whether being admitted to an institution geared to students with higher-powered academic records was a real benefit.”

“Despite much media spin, the issue is not whether blacks in general should be admitted to higher ranked or lower ranked institutions. The issue is whether a given black student, with given academic qualifications, should be admitted to a college or university where he would not be admitted if he were white.”

“Much empirical research over the years has confirmed Justice Scalia’s concern that admitting black students to institutions for which their academic preparation is not sufficient can be making them worse off instead of better off.

“Mismatching students with educational institutions is a formula for needless failure.” 

 “… the academic performances of black and Hispanic students rose substantially after affirmative action admissions policies were banned in the University of California system.”

Attacking The Truth II, by Thomas Sowell, at jewishworldreview.com. Excerpts from the article.

“Often the rationale for group preferences is to help the less fortunate. But, in countries where hard evidence is available, it is often the more fortunate members of less fortunate groups who get the bulk of the benefits. These beneficiaries can even be more fortunate than most of the people in the country at large.”
“India’s constitution, like the American constitution, has an amendment prescribing equal treatment. But in India that amendment also spells out exceptions for particular groups. In the United States, the Supreme Court has taken on the role of creating exceptions to the fourteenth amendment.”
“Many lofty verbal evasions are necessary, in order to keep the American people from catching on to what they are really doing when they claim to be merely applying the laws and the constitution.”

The Busybody Left, by Thomas Sowell, at jewishworldreview.com. Excerpts from the article.

The political left has been trying to run other people’s lives for centuries. So we should not be surprised to see the Obama administration now trying to force neighborhoods across America to have the mix of people the government wants them to have. There are not enough poor people living in middle class neighborhoods to suit the political left. Not enough blacks in white neighborhoods. Not enough Hispanics here, not enough Asians there.”

“Nowhere in the Constitution does it grant the federal government the power to dictate such things. What makes this latest political crusade so ridiculous and so dangerous is that people have never been mixed and matched at random, either in the United States or in other countries around the world, or in any period of history.

Squandering Resources On College Education, by Walter E. Williams, at jewishworldreview.com.Excerpts from the article.

Most college students do not belong in college….. “the college-for-all crusade has outlived its usefulness.”…. “…. the majority of new American jobs over the next decade do not need a college degree. We have a six-digit number of college-educated janitors in the U.S…….one-third of a million waiters and waitresses with college degrees.” More than one-third of currently working college graduates are in jobs that do not require a degree, such as flight attendants, taxi drivers and salesmen. College was not a wise use of these students’, their parents’ and taxpayer resources.

Our Timid Military Leaders, by Walter E. Williams, at jewishworldreview.com. Excerpts from the article.

“This month, President Barack Obama’s defense secretary, Ashton Carter, decreed that there will be 220,000 combat military jobs offered to women — including in Army special operations forces and the Navy SEALs.”

“… I predict….training with pugil sticks will be banned, or servicewomen will train only against other servicewomen, or, if the training is integrated, servicemen will be court-martialed if they knock out or knock down a servicewoman…. I wouldn’t be surprised if today’s military leaders call for an amendment protocol to the Geneva Conventions to make the hand-to-hand killing of a female fighter a war crime.”
“Finally, the Selective Service System’s website (http://www.sss.gov) reads: “While there has been talk recently about women in combat, there has been NO decision to require females to register with Selective Service, or be subject to a future military draft. Selective Service continues to register only men, ages 18 through 25.” How can that, coupled with reduced performance standards, possibly be consistent with the Defense Department’s stated agenda “to provide a level, gender-neutral playing field”?”

Remembering 2015 by Thomas Sowell

Posted December 31, 2015 by austrianaddict
Categories: Government and Politics

Tags: , , ,

Thomas Sowell

Human beings break up time into increments such as months, years, decades, and so on. These measures of time are constructs of the human mind. Humans have to measure time because our finite mind can’t understand the infinite. Put another way; we have to measure time to make it fit into our minds because we can’t fit our minds around time. History is just a report on what happened during these increments of time.

In this article titled Remembering 2015 (click here), Thomas Sowell gives us his unique perspective on this past year, which is, (quoting Thomas Sowell)  “just one moment in an ongoing stream of time.”

Here are some excerpts from the article.

More than anything else, 2015 has been the year of the big lie. There have been lies in other years, and some of the pretty big, but even so 2015 has set new highs – or new lows.

“This is the year when we learned, from Hillary Clinton’s own e-mails, after three long years of stalling, stone-walling and evasions, that Secretary of State Clinton lied, and so did President Barack Obama and others under him, when they all told us in 2012 that the terrorist attack in Benghazi that killed the American ambassador and three other Americans was not a terrorist attack, but a protest demonstration that got out of hand.”

“What difference, at this point, does it make?” as Mrs. Clinton later melodramatically cried out, at a Congressional committee hearing investigating that episode.”

“First of all, it made enough of a difference for some of the highest officials of American government to concoct a false story that they knew at the time was false.”

“It mattered enough that, if the truth had come out, on the eve of a presidential election, it could have destroyed Barack Obama’s happy tale of how he had dealt a crippling blow to terrorists by killing Usama bin Laden.”

Lying, by itself, is obviously not new. What is new is the growing acceptance of lying as “no big deal” by smug sophisticates, so long as these are lies that advance their political causes. Many in the media greeted the exposure of Hillary Clinton’s lies by admiring how well she handled herself.”

Lies are a wall between us and reality – and being walled off from reality is the biggest deal of all. Reality does not disappear because we don’t see it. It just hits us like a ton of bricks when we least expect it.

“No one expects that lies will disappear from political rhetoric. If you took all the lies out of politics, how much would be left?”

If there is anything that is bipartisan in Washington, it is lying.”

 

Must Reads For The Week 12/26/15

Posted December 25, 2015 by austrianaddict
Categories: Must Reads For The Week

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“This” Is Who We Are: Two Medal Of Honor Vets Passed Away This Month, at tammybruce.com. We are a nation of immigrants. These are great stories.

Hillary Admits There’s A Problem With Obamacare, at tammybruce.com. Hillary admits that there were incentives that discourage full-time employment. We all knew that before the thing was passed. Quoting a friend of mine, “one of us in this conversation is a real dumb ass!”

Kentucky Lowers The Minimum Wage, at economicpolicyjournal.com. Newly elected Governor Matt Bevin lowered the minimum wage of government workers and contractors. He said “Wage rates ideally would be setablished by the demands of the labor market instead of being set by the government,”. A lot of work went into getting Bevin elected. And as much as some on our side think politics isn’t the best use of our time, the fight for liberty must be fought on all fronts. Bevins election may not have happened if Ron Paul had not run for president.

Democrats And Totalitarianism, by Kevin D. Williamson, at nationalreview.com. Excerpt from the article: “Rolling Stone writer Jeff Goodell asked John Kerry whether Charles and David Koch, two libertarian political activists, should be considered – his remarkable words – “an enemy of the state.” He posed the same question about Exxon, and John Kerry, who could have been president of the US, said that he looked forward to the seizure of Exxon’s assets for the crime of “proselytizing” impermissibly about the question of global warming.” Make no mistake about the totalitarian tendencies of all politicians in general and establishment Democrats in particular. They don’t want any opposition to their plans. Anyone from the private sector who gets in their way will have to deal with the full weight of government force and media propaganda. If you don’t believe me read this, Senator: Use RICO Laws To Prosecute Global Warming Skeptics, at theweeklystandard.com.

Federal Court Says Government Can’t Censor Trademarks, Could Save Redskins, at libertarianrepublic.com. This will probably be pushed all the way to the Supreme Court, and then all bets are off.

Oberlin College Students: Cafeteria Food Is Racist, at thedailybeast.com. The students are saying the food is racially inauthentic, and therefore a form of micro-aggression. These pusillanimous students have never experienced real micro-aggression like I did from my mom when I wouldn’t eat my dinner. Why do we allow such foolishness to be taken seriously?

Germans Scramble To Buy Amid Nationwide Spike In Migrant-Driven Crime, at zerohedge.com. No comment necessary.

Minneapolis – American ISIS Terrorist Who Sought To Shoot Down Planes, Worked At Airport, at realcourage.org. This guy worked at the Minneapolis-St. Paul airport as a baggage handler, a company that de-iced planes, and a company that handled jet fuel. And the TSA is worried about passengers?

Which Is Better The Mafia Or The Government, at thelibertarianrepublic.com. “What would you rather have organized crime or unorganized crime?”

Lets Relax And Listen To Some Christmas Songs

Posted December 24, 2015 by austrianaddict
Categories: Miscellaneous

Tags: , , , , , , ,

Lets forget about everything. Sit back, relax and listen to some Christmas songs performed by Nat King Cole, Andy Williams, Mariah Carey, Whitney Houston, Carrie Underwood, Lindsey Sterling, and Ray Charles.

Nat King Cole: The Christmas Song

Andy Williams: The Most Wonderful Time Of The Year

Mariah Carey: O Holy Night

Whitney Houston: Do You Hear What I Hear

Carrie Underwood: Have Yourself A Merry Little Christmas

Lindsey Sterling: What Child Is This

Ray Charles: Little Drummer Boy

Must Reads For The Week 12/19/15

Posted December 19, 2015 by austrianaddict
Categories: Must Reads For The Week

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Fed (Slightly) Raises Target Fed Funds Rate After Seven Years, by Ryan McMaken, at mises.org. Seven years of a zero % fed funds rate, and a quarter point increase is all the economy can handle? Look at the chart in this article and ask yourself, “is this what a recovering economy looks like.”

Why One Congressman Voted “NO” On The Massive, Wasteful Omnibus Bill, at zerohedge.com. The real question is why did any Congressman vote for more wasteful spending at tax payers expense?  I see three reasons why. 1) They  favor expanding government central planning. 2) They don’t have the stones to stand up to the big government central planners. 3) They think that expanding government will help them with the voters. It is our fault they think this way.

 A Libertarian Star Wars Parody, at reason tv.

Threat That Closed Down L.A. Schools Appears To Be Hoax, Congressman Says, at latimes.com. Quote from the article: “Rep. Brad Sherman (D-Los Angeles), a senior member of the House Foreign Affairs committee, said the email lacked “the feel of the way the jihadists usually write”. Sherman said the roughly 350-word message did not capitalize Allah in one instance, nor did it cite a Koranic verse.” Didn’t the Democrat from California just say the letter didn’t fit the profile of a jihadist? I guess people on the left are allowed to profile, because people on the right couldn’t say something like this and get away with it.

Disgraceful White House Hanukkah Celebration, by Thomas Lifson, at americanthinker.com. The disrespect the President feels toward Jews was on full display when a member of an anti-Israel group was invited to speak at the lighting of the Menorah. This is just the latest instance of a profilable pattern of activity by the President.

Kerry Admits Futility Of US CO2 Cuts In Paris Speech, by Thomas Lifson, at americanthinker.com. Here is a quote from Kerry: “The fact is that even if every American citizen biked to work, carpooled to school, and used solar panels to power their homes……..is we eliminated all ….greenhouse gas emissions, guess what – that still wouldn’t be enough to offset the carbon pollution coming from the rest of the world.” So I guess we should go full speed ahead with these CO2 cuts, even though they won’t make a difference. Sounds like a plan!

Congress Moves Again To Block Investigation Of Congressional Insider Trading, by Lee Fang, at theintercept.com. Did you ever wonder how members of congress retire from congress as multi-millionaires? Congress obviously wants to protect this sweet deal.

Securing From Behind: DHS Working On Plan To Look At Visa Applicants Social Media, at michellemalkin.com. Political correctness kept DHS from looking at Muslims social media posts.

Something Strange Is Taking Place In The Middle Of The Atlantic Ocean, at zerohedge.com. Three ships loaded with diesel fuel turned around half way to their destination in Europe. Low demand, plus over-supply, plus lower price, plus no storage capacity means for the time being it is cheaper to keep the ships in the water until the prices rise. Unfortunately over-supply and low demand keeps prices down. Happy sailing.

Moonbat Social Justice Alert: Harvard Students Get Lib Talking Points Placemats, at tammybruce.com. The lefts  brainwashing of college students finds a new way to market its ideas.

Company Selling ‘Fake Hymens’ To Muslim Women To Trick Their Fiances Into Thinking They’re Virgins, by Tanveer Mann, at metro.co.uk. The free market always finds a need and fills it. But why is there a need for this product? Because the religion of peace has strict rules about women having pre-marital sex, and women face “life threatening” consequences if they are not a virgin when they get married. As a satisfied customer said, “If your product didn’t exist, I wouldn’t exist either.”

 

Observations From The Margin

Posted December 18, 2015 by austrianaddict
Categories: Observations From The Margin

Tags: , , , , , , , , , ,

Observation Tower

-People on the left are citing the constitution for their outrage to Trump wanting to temporarily stop Muslim immigration. This is curious at best considering the left has traditionally used the constitution for toilet paper. Now they want to wrap themselves in the very document that stands in the way of everything these central planners want to do.

-The left brands certain groups of people as bigoted toward another group simply because they are not a member of that group. But isn’t the left just as guilty of bigotry against the non favored groups by simply choosing a favored group?

-Politicians place each of us into groups that can be labeled by race, sex, religion, profession etc. Since we are looked at as members of groups. I have a question? When is an activity by a few members of a group considered an outlier? And when does an increased number of people engaged in the activity cross the line and become a discernible profile of the group?

-When Romney ran for President in 2012, I heard conservatives say that we need a businessman to “run the country”. Now we have Trump leading in the polls and conservatives are saying, and he is saying, that we need a businessman who knows how to make deals. We don’t need a businessman. We need someone in the Presidency who understands how the free market works. Businessmen don’t need to know how a free market works to be successful in a free market economy. In fact businessmen like Trump donate to and lobby politicians so they can use the power of government to help their businesses and at the same time hurt their competitors. This is why Trump has donated to both parties. He is playing the political game. So when he says he’s “not a politician”, he is wrong from the standpoint of dealing with bureaucrats. But when it comes torpedoing political correctness, he is correct. This is the basis of his support. I like this part of him because it upsets the big government political class of both parties. But I wish his supporters would understand that he is not a free market guy. He is for government solutions to economic problems.

-After the recent terrorist attacks in San Bernardino the President came out and spoke about gun control before the bodies were even cold. Does he realize he is driving even more nails into the coffin of gun control. Humans have a natural instinct for self-preservation. When we see people shot dead by terrorists,who are willing to fight to their death, our natural instinct tells us we need to protect ourselves against these types of situations. Since cops can’t arrive in time to stop terrorist attacks, people are deciding to arm themselves. It’s our natural instinct for self-preservation, and Presidential pontifications about gun control are seen as either ignorant, stupid, or political.

-The Republicans pusillanimous (click here) behavior in standing up to the left, as was just demonstrated by speaker Ryan caving in on the recent budget ‘deal’, is the reason that Trump, Cruz, and Carson are the leading Republican candidates. The beltway establishment hasn’t figured out that the huddled masses don’t want another political insider in a position of power.

CARTOONS from the burningplatform.com.

Political Cartoons by Gary Varvel

Political Cartoons by Gary Varvel

Political Cartoons by Nate Beeler

 

“Save Our Jobs” From “Creative Destruction”

Posted December 17, 2015 by austrianaddict
Categories: Econ. 101

Tags: , , , , ,

Does free market capitalism destroy jobs? Yes! The free market replaces jobs that it previously created with more productive ways of doing the same thing.  Joseph Schumpeter coined the phrase “creative destruction” to describe the dynamism and innovation that is unleashed under free market capitalism. Put another way the free market creatively replaces unproductive jobs with more productive jobs.

Think milkmen, blacksmiths, paperboys, along with cassette tape, vinyl record, and typewriter manufacturers. News papers and book stores. Think taxi cartel vs. Uber.

This 1 minute and 38 second parody, gives us an understanding of “creative destruction” that an economist could only dream of achieving in thousands of written words.

COALITION OF OBSOLETE INDUSTRIES

Excerpt from the video, “If we don’t stop progress how will anyone ever have jobs?

 

Related Article“CAR WARS” Return Of The Jitneys, at austrianaddict.com.

Related ArticleGovernment Intervention Stifles Real Job Creation, at austrianaddict.com.

Must Read “Leftovers”

Posted December 16, 2015 by austrianaddict
Categories: Leftovers

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America’s ‘New’ Bill Of “Wrongs” at zerohedge.com. This is the bill of rights progressives have been trying to implement since Woodrow Wilson was President.

Interesting Facts Of The Day On US Hate Crimes In 2014, by Mark J. Perry, at carpediemblog. No comment needed.

14 Of The Longest Words In The English Language, at economicpolicyjournal.com. Some examples. Pneumonoultramicroscopicsilicovolcanoconiosis (forty-five letters) is lung disease caused by the inhalation of silica or quartz dust. Euouae is the longest word composed of exclusively of vowels, and has the most consecutive vowels of any word. It is a musical term from medieval times.

This Is What A “Social Justice” Curriculum Looks Like In K-6 Classes, at targetliberty.com. The education system is creating generations of people who won’t be able to deal with anything that challenges them. In other words life!

Trading Votes In Congress To Get Everything Politicians Want, by William Shughart, at blogindependent.org. This article shows how we the people get screwed by the inner workings of Congress.

Progressive And Racist, Woodrow Wilson Wasn’t Alone, by Virginia Postrel, at blombergview.org. excerpt from the article: “The early 20th century progressives believed in the importance of experts guiding the economy, government, and society…. against the selfishness, disorder, corruption, ignorance, conflict and wastefulness of free markets or mass democracy…..they advance the ideal of disinterested, public-spirited social control by well-educated elites…….Expert public administrators do not merely serve the common good, they also identify the common good.” Does “public service” somehow make a person immune from selfishness, disorder, corruption, ignorance, and conflict. Individuals don’t turn in their pitch fork and horns for a halo and wings when they become public servants.

Nearly 1 in 10 Kickstarter Projects Fail To Deliver Rewards, by Catherine Clifford, at entrepreneur.com. Being a venture capitalist is risky. Crowd funding is another way to raise venture capital. It is risky.

Go To College Music Video (Michelle Obama), at youtube.com. The first lady is trying to hook students into massive student loan debt. She wants them to become debt serfs. Just one question. Are first ladies suppose to act like this?

Christmas Ornament, at the burningplatform.com. Merry Christmas!

 

Prager University: How Big Should Government Be?

Posted December 15, 2015 by austrianaddict
Categories: Government and Politics

Tags: , , , , , ,

“GOVERNMENT IS NOT REASON, IT IS NOT ELOQUENCE, IT IS FORCE, LIKE FIRE IT IS A DANGEROUS SERVANT, AND A FEARFUL MASTER.” George Washington.

Government should not be bigger than the individual. This means that politicians and bureaucrats in government should not usurp the decision making power that is the purview of the individual. The US Constitution lists and limits the power of the Federal Government. There can be no question that Government power has expanded beyond what the Constitution mandates. Can the power of the individual be restored? The only way this can happen is if Government power is cut back.

How Big Should Government Be? Video from Prager University.

Excerpts from the video.

“When Government grows in size and power these things will happen.”

1)”There will be ever increasing amounts of corruption. (People in government will well government influence for personal and political gain. People outside of government will seek to buy influence and favors.)”

2)”Individual liberty will decline. (The more control government has over peoples lives, the less liberty people will have.)”

3)”Countries with ever-expanding government will either reduce the size of their government or eventually collapse economically. (Every welfare state ultimately becomes a ponzi scheme.)”

4)”In order to pay for an ever-expanding government taxes are continually increased. (At a given level of taxation, the countries wealth producers 1) stop working, 2) work less, 3) hire fewer people, 4) move their business out of state or the country.)”

5)”Big government produces big deficits and ever increasing and ultimately unsustainable debt.”

6)”The bigger the government, the greater the opportunities for doing great evil. (The 20th century was the most murderous century in recorded history and who did the killing? Big government.)”

7)”Big government eats away at the moral character of a nation. (People no longer take care of other people. They know the government will do that.)

Related ArticleAbuses Of Power By Individuals In Government, at austrianaddict.com.

Related ArticleAs The Number Of Laws Increase, Individual Freedom Decreases, at austrianaddict.com.

Related ArticleIndividual Liberty Is The Least Contentious Way Of Settling Differences, at austrianaddict.com.

Must Reads For The Week 12/12/15

Posted December 12, 2015 by austrianaddict
Categories: Must Reads For The Week

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Cop Pays For The Ingredients Stolen By A Mother Who Wanted To Bake Her Daughter A Birthday Cake, at abc.go.news.com. I’m going to start with this because most of the news we here about cops is for their misdeeds.

White House Finalizing Plan To Expand Background Checks For Gun Sales Through Executive Action Without Congressional Approval, at usnews.com. The Constitution doesn’t give the President the power to legislate. But as Joseph Sobran said, “The constitution is no threat to our current form of government.” This is just another example of ‘the break down of the rule of law’.

Viva Venezuela….But Not Yet, by Carmen Elena Dorobat, at mises.org. The opposition to the socialist party won two-thirds of the seats in Parliament. But this may not really be a vote for free markets because the people don’t really understand the difference between socialism and free markets. They just want the newly elected government to tackle the countries economic issues. They don’t understand that the government is not the economy, they are the economy, and the government has intervened in their decision-making for decades. They should want the government to get out of their way, not do something.

Do People, Or Do People Not Respond To Welfare Payments, by Don Boudreaux, at cafehayek.com. The same people at the same time hold two different positions about weather their are perverse incentives created by the welfare state.

Net Worth Of Individual Adults, by European Country, at economicpolicyjournal.com. One small country has the fewest resources and the highest individual wealth. Guess who it is?

Cincinnati City Council Votes To Ban Gay Conversion Therapy, at cincinnati.com. Obamacare forces individuals to purchase a service even though an individual may not want it. Cincinnati city council is prohibiting individuals from purchasing of a service even though an individual wants to purchase it.

The NSA Hasn’t Stopped Spying, at libertypen.blogspot.com. The USA Freedom Act took effect 11/29/15. It stops the NSA from directly collecting metadata from phone calls and text messages. Or does it?

France Suffered More Casualities From Mass Shootings In @015 Than The US Has Suffered During Obama’s Entire Presidency, at johnrlott.blogspot.com. the president misread his teleprompter or he lied.

India’s Failing Gold Monetization Scheme: Seizure Imminent, by Paul-Martin Foss, at mises.org. In 1933 FDR confiscated everyone’s gold. It can and did happen here.

Seiko Epson Says It Will Sell World’s First In-Office Paper Recycler, by Jun Hongo, at wsj.com. I wonder if a cost benefit analysis has been done. If there is no market for this product, at least the losses will be born by the investors and not the tax payers.

Ukrainian Drivers Are Converting Their Cars Into Wood Burners To Save Money On Gas, at odditycentral.com. Is this an activity that says to you, the world’s economy is really robust? This is a move back to a more primitive standard of living.

Man Takes A Perfect Picture Of Kingfisher After Six Years And 720,000 Tries, at odditycentral.com.

perfect-photo