Must Reads For The Week 5/25/13

Posted May 25, 2013 by austrianaddict
Categories: Must Reads For The Week
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The pen is mightier than the sword...

The pen is mightier than the sword… (Photo credit: mbshane)

Bitcoin: The Tyranny Test by Paul Rosenberg, at freemansperspective.com. Will our Government protect its monopoly power to counterfeit money?

Rap Song Puts Massachusetts Behind Bars…Facing Terrorism Charges And Twenty Years In Prison, at economicpolicyjournal.com. Arbitrary decision on what constitutes a threat. “Government… is a dangerous servant and a fearful master”-George Washington.

ACLU Sues The FBI On Antiwar.com’s Behalf, by Danial McCarthy, at theamericanconservative.com. Arbitrary decision on what constitutes a national security threat.

Report: DOJ Leaked Documents To Smear Fast And Furious Whistle Blower, Says IG, by Matthew Boyle, at breaibart.com. Arbitrary abuse of power for the purpose of  intimidating future whistle blowers. Are we starting to see a pattern?

Ben Swann Reality Check: Cincinnati  Agent Giving Orders In IRS Scandal, fox 19 news. Arbitrarily using power to target specific groups. “Power corrupts, and absolute power corrupts absolutely.”

Obama’s War Against The Free Press Gets Creepier, by J.D. Tuccille, at reason.com. I’m not a big fan of  journalists, but the first amendment protects them, not from us, but from Government.

Lois Lerner Sued Christian Coalition In Largest FEC Action In History. Lois Lerner has a track record of arbitrarily using her power to violate the constitutional rights of specific groups. And then she will wrap herself in her fifth amendment right for her protection.

This is a partial list of stories about Government abuses of power from just this week. Its like this every week.

Most recent posts about arbitrary abuse of power in these articles from May 10th, and May 20th, and May 23rd, and May 13th by austrianaddict.com.

Here is the definition of tyranny – arbitrary or unrestrained exercise of power; despotic abuse of authority. Synonyms: despotism, absolutism, dictatorship. Arbitrary means – subject to individual will or judgment without restriction; contingent solely upon one’s discretion: an arbitrary decision.

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Rand Paul RipsThe Senate For Bullying Apple.

Posted May 23, 2013 by austrianaddict
Categories: Government and Politics
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I had to post these two videos because they relate to my previous post, Proof Once Again That Power Corrupts. Hats off to Rand Paul for talking economic common sense and also for challenging his colleagues, I don’t think Senators get spoken to this way very often. Here is part I of his comments.

Sorry I had a gag reflex when I saw Chairman Carl Levin.

Watch part II, it gets better.

Rand Paul and Ted Cruz give us hope that maybe Government power can be rolled back. Watch Ted Cruz challenge Senator Feinstein in this post titled, Senator Cruz Stirs Up A Hornets Nest.

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Proof Once Again That Power Corrupts. Will We Have Enough Courage To Believe It This Time.

Posted May 23, 2013 by austrianaddict
Categories: Government and Politics
Tags: , , , , , ,
Per1

Per1 (Photo credit: Wikipedia)  If only the IRS had a leash on it like this pit bull.

APPLE AND LOOPHOLES.

The story about Apple, read here, going in front of a Senate committee about avoiding taxes, and the story about Lois Lerner, head of the IRS’s tax exempt division, invoking the fifth amendment, read here, in the hearings before a House committee, are great examples of irony.

The Senate hearings are a show, for the purpose of making the Senators look morally superior to an evil private company. They are trying to make Apple look bad for using the tax laws that these geniuses in the Senate created in the first place. Read the rest of this post »

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Some Videos Of The Tornado In Oklahoma.

Posted May 21, 2013 by austrianaddict
Categories: Hall of Fame, Miscellaneous
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Watch the Tornado start to form and grow in this video.

Stunning Time-Lapse Video Of 2-Mile Wide Oklahoma Tornado, at zerohedge.com. This is amazing video from a helicopter in time-lapse, all the way to when the tornado seemingly disappears.

Intense Oklahoma Tornado Footage, at economicpolicyjournal.com. Storm chasers capture the size and intensity of the storm.

Here is a video of a family coming out of the storm cellar after the tornado hit.

Aerial footage of the damage.

Nature is powerful, people are resilient.

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The Most Recent Arbitrary And Unrestrained Exercises Of Power By The Federal Government.

Posted May 20, 2013 by austrianaddict
Categories: Government and Politics
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English: The Liberty Bell in 2008.

English: The Liberty Bell. (Photo credit: Wikipedia)

ARBITRARY EXERCISE OF POWER.

On May 10th I posted an article titled, What Is Tyranny? The President Should Know The Definition, in which we defined tyranny as–arbitrary or unrestrained exercise of power; despotic abuse of authority. Synonyms: despotism, absolutism, dictatorship. Arbitrary means – subject to individual will or judgment without restriction; contingent solely upon one’s discretion: an arbitrary decision. What came to light last week about the IRS targeting specific groups, the Justice Department confiscating phone records and emails from AP reporters without a warrant, and Kathleen Sabelius asking for contributions from health industry officials to help implement the new health care bill, are all examples of “arbitrary or unrestrained exercises of power”, aka tyranny. We should not be surprised by any of this, they are default actions taken by people who think they should not be constrained by the rule of law, even though our country was founded on the rule of law and not the rule of men.

THOMAS SOWELL, THE AMERICAN REVOLUTION. Read the rest of this post »

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Must Reads For The Week 5/18/13.

Posted May 18, 2013 by austrianaddict
Categories: Must Reads For The Week
Tags: , , , , , , ,
The pen is mightier than the sword...

The pen is mightier than the sword… (Photo credit: mbshane)

Santelli On IRS Witch-Hunt Repercussions: “No Stent For You”, at zerohedge.com. The IRS is going to be in charge of health care enforcement. Rick Santelli isn’t happy about it.

Chinese Power Consumption Collapses: Economic Growth Slowest Since Early 2009, at zerohedge.com. If energy consumption is decreasing, your economy isn’t growing.

Obama Has Lost (Jon) Stewart, by Bob Murphy at consultingbyrpm.com. Is reality finally setting in that Government wields too much power? Watch this video before you answer.

Photo: Philadelphia Eagles Player Pees On IRS Sign, at economicpolicyjournal.com. Lineman Evan Mathis is starting the Pee Party Movement.

Video: Walter E. Williams – TSA (Thugs Standing Around), at libertypen.blogspot.com. The great Walter E. Williams, enough said.

Seat Belt Laws Can Be Deadly, by eric, at ericpetersautos.com. Government is going to force you to wear your seat belt, even if it kills you.

Nigel Farage Flees Barrage Of Abuse From Interventionist, at economicpolicyjournal.com. This is another great video of Farage pulling no punches in front of the EU parliament.

Two Moms vs. Common Core – A Mother’s Day Tribute, by Chris Littleton, at chrislittleton.com. The ideological war against big Government will be won on the local and state levels. A few courageous and committed people can stop a seemingly inevitable outcome.

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Let’s Take A Look At Bitcoin.

Posted May 17, 2013 by austrianaddict
Categories: Econ. 201
Tags: , , , , ,
The bitcoin logo

The bitcoin logo (Photo credit: Wikipedia)

QUESTIONS ABOUT BITCOIN.

Bitcoin has been in the news lately for a variety of reasons. Many people have never heard of it, some have but don’t really understand what it is, and others understand what it is and are excited about its potential to become the medium of exchange. Simply put bitcoin has evolved spontaneously in the free market as an alternative to paper money. The two most important questions that have to be asked concerning bitcoin are, 1) can bitcoin become money (the medium of exchange), and 2) will Governments be able to shut down the process of bitcoin becoming money? Read the rest of this post »

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Thomas Sowell Compares FDR and President Obama.

Posted May 15, 2013 by austrianaddict
Categories: Government and Politics
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Thomas Sowell talks about how FDR’s interventions into the market prolonged and deepened the depression, and how Obama’s interventions are doing the same thing.

Here is a quote from the video, “..one parallel is people are talking about these highly intelligent people with whom the president has surrounded himself. FDR surrounded himself with highly intelligent people, that is no guarantee of anything except brilliant rationalizations for failure …..”. Read the rest of this post »

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Benghazi And Political Incentives.

Posted May 13, 2013 by austrianaddict
Categories: Government and Politics
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302_365_Trust

Trust (Photo credit: MichaelKuhn_pics)

TRUTH ABOUT BENGHAZI.

The hearings last week about Benghazi have put politicians, and the witnesses who were on the ground, on opposite ends of the truth. This shouldn’t surprise anyone who understands what a politician values the most, which is his own political power. I wrote a post two days after the Benghazi attack titled, Real Analysis About Middle East Insurgency at SOFREP.com, in which the truth about the attack was known within 24 hours. The way the administration lied about what happened in the weeks following  the incident is standard operating procedure for 99% of politicians and bureaucrats.

POLITICAL INCENTIVES  CONCERNING BENGHAZI.

In a post titled, Mises “Human Action” Explains Lies About Libya, written two weeks before the last election, I talk about how to analyze  political decisions in general, and the Benghazi situation in particular through the lens of “Human Action”. Here are a few excerpts from the post that are as true today as they were seven months ago. Read the rest of this post »

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Must Reads For The Week 5/11/13

Posted May 11, 2013 by austrianaddict
Categories: Must Reads For The Week
The pen is mightier than the sword...

The pen is mightier than the sword… (Photo credit: mbshane)

Charles Ramsey Interview, at consultingbyrpm.com. Great video of an interview with the Cleveland man who helped the girl escape from her kidnappers. I love people who say exactly what they are thinking.

Obama Care Is Beginning To Skew Hiring Patterns, by Robert Wenzel, at economicpolicyjournal.com. Full time employees are becoming part time because of the incentives and constraints created by Obama care.

The Boston Mindset: Cringe Like Sheep, by William Levinson, at americanthinker.com. How can one  punk have a whole city of  Boston cowering behind locked doors. This is the part of the country that fired the shot heard round the world, read.

Visualizing  The Collapse Of The Fiat Currency, at zerohedge.com. The chart shows the decline in purchasing power of paper money. Nixon took us off the gold standard for good in 1971 (look at the chart). Look at what the Fed counterfeiting policy has done to the value of the dollar [purchasing power], from 71-80, and from 2001 to today.

Why I Let My Students Cheat On Their Exam, by Peter Nonacs, at zocalopublicsquare.org. Here is a quote from the article, “In the end, the students learned what social insects like ants and termites have known for hundreds of millions of years. To win at some games, cooperation is better than competition. Unity that arises through a diversity of opinion is stronger than any solitary competitor.”

Get Ready For Massive Obama Care Propaganda, at economicpolicyjournal.com. Propaganda used to make a “train wreck” not seem so bad.

The Economic Ripple Effect Of The Bakken Shale Oil Boom, by Mark J. Perry, at aei-ideas,org. Free market produces in spite of the brakes  applied by Government. Read Politicians “Affordable”  Ideas, Must Obey Economic Forces.

Planned Parenthood To Attend Obama Mother’s Day Event, by Katie Pavlich, at townhall.com. Having planned parenthood attend a mother’s day celebration is like inviting Dr. Kevorkian to your moms seventy fifth birthday party.

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