Posted tagged ‘Thomas Sowell’

Must Reads For The Week 11/23/13

November 23, 2013
The pen is mightier than the sword...

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

This first article and video is a must!

The War Against Achievement, by Thomas Sowell, at jewishworldreview.com. When individuals achieve at a higher level than you, are you envious and try to tear them down, or do you use their achievement as motivation of what is possible if you work hard? Watch this video about Richie Parker, the young man Thomas Sowell is talking about in his article.

Mother Charged $10 dollars After Lunch Of Pot Roast, Potatoes, Carrots, And An Orange Deemed “Unbalanced” By Daycare, by Liz Klimas, at theblaze.com. If you want to look where the road we’re traveling leads, look at countries who are farther down this road. Oh yeah I forgot, “this can’t happen here”.

The Obamacare Time Bomb, by Marc A. Thiessen, at economicpolicyjournal.com. In the words of the great F. A. Hayek, “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”

Census “Faked” 2012 Elections Jobs Report, by John Crudele, at nypost.com. Most of us knew the number was fudged when it came out.

I Can’t Call You Sugar, Cause Sugar Never Was So Sweet, by Angus, at mungowitzend.blogspot.com. This is what we mean when we talk about crony capitalism. In a free market, unhampered by Government regulations, businesses will succeed or fail based on their ability to sell a good or service at a price that covers the cost of production.

Nancy Pelosi Doesn’t Think She Said Anything Wrong About Keeping Health Plan, by Robert P. Murphy, at consultingbyrpm.com. My apology for wanting you to watch a video of Nancy Pelosi. I don’t know what is more amazing, watching Nancy try to spin her way out of her own pile of #%&*, or watching David Gregory try to act like a journalist asking tough questions.

The Treasury Federal Reserve Naked Tango, by Lawrence Kotlikoff, at economicpolicyjournal.com. Counterfeiting and money laundering are legal activities for Government, but not for us. Counterfeiting is theft whether it’s legal of illegal.

School Heaves Obama Lunch Menu, at ohiolibertycoalition.org. Students force Obama’s school lunch program to face economic reality. Read this post from a year ago titled, Healthy, Hunger-Free Kids Act, Doesn’t Work As Planners Planned, at austrianaddict.com.

California Rejects Proposed One-Year Plan Extension, at zerohedge.com. The pesky free market won’t cooperate with the central planner and chief’s plans concerning Obamacare.

Guest Post: The 5 Economic “Big Lies” The Government Is Telling You, by Micheal Snyder, guest post on zerohedge.com. This post is so

Must Reads For The Week 10/12/13

October 12, 2013
The pen is mightier than the sword...

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

Treasury Secretary Lew Refuses To Discuss Obamacare Enrollees, youtube.com. At least he didn’t lie, he just filibustered the answer.

Debt Ceiling Humor: Obama opposed the debt ceiling increase in 2006, at zerohedge.com. The President was against raising the debt ceiling, before he was for it.

The Second Battle Of Yorktown: Defying The Park Service, by Gary North, at lewrockwell.com. Restaurant owner defies Park Service, reopens after he is told to shut down. Let’s all take a stand against Government force.

Dr. Ben Carson’s IRS Audit Can’t Possibly Be Coincidence, at investors .com. Using Government coercion to punish critics, on the one hand, and  to constrain future criticism on the other.

Runner Fined $100 At Valley Forge Amid Government Shutdown, at philadelphiacbslocal.com. We don’t have enough money to keep the park open, but we have enough money to pay police to watch over a shutdown park.

laziest Postal Worker Ever, Youtube video. I saw this and thought it couldn’t possibly be real. I thought someone had paid a postal worker to use the mail truck for half an hour just to make this video. “Neither snow nor rain nor heat nor gloom of night stays these carriers from the swift completion of their appointed rounds.”

Inarticulate Republicans, by Thomas Sowell, at jewishworldreview.com. Quote from Thomas Sowell, “Democrats….could sell refrigerators to Eskimos before Republicans could sell them blankets.The reason establishment Republicans can’t articulate individual freedom and free markets is because they don’t believe in or understand individual freedom and free markets.

Are Guns The Problem, by Walter E. Williams, at jewishworldreview.com. Quote from Walter Williams, “Customs, traditions, moral values and rules of etiquette, not just laws and government regulations, are what make for a civilized society, not restraints on inanimate objects.”  Guns don’t behave, people behave.

Thomas Sowell Tells Us What Syria Is All About

September 5, 2013

As only he can, Thomas Sowell sifts out the B.S. and finds the golden nugget regarding Syria. Hard to believe it’s political. The article titled Serious About Syria?, is just another gem that we come to expect every time he puts a pen to paper. It seems that our President is a grand master checkers player, unfortunately he is playing foreign policy chess. Here are some excerpts from the article. (more…)

Thomas Sowell – Obama’s Failed Economic Policies.

September 3, 2013
Fascism Anyone? The 14 Defining Characteristic...

Fascism Anyone? The 14 Defining Characteristics of Fascism by Dr. Lawrence Britt (Photo credit: watchingfrogsboil)

This short video below, from libertypen.blogspot.com, is a 2010 interview of Thomas Sowell  talking about the Presidents economic policies and their consequences. The most interesting thing from the video is when he is asked, “Let’s talk about President Obama, do you think he is a socialist?“, He responds, “Not technically I suppose, because socialist usually means Government ownership of the means of production. The pattern he is following is much more like that of the fascists, where the Government leaves the means of production in private hands and the politicians tell them what to do. And that’s much more politically viable because after the Government forces (more…)

Observations From The Margin

September 2, 2013
Observation Tower

Observation  (Photo credit: mooglet)

– Why is the administration so worried about civilians being killed in Syria, when it wasn’t worried about the civilians being killed in Afghanistan, Pakistan, and Yemen by our drone strikes? Would the President have been ok with Assad if he had killed the same amount of civilians with drone strikes?

– The President is going to congress to seek authorization for the use of force in Syria for three reasons that I can see. 1) If congress doesn’t give him authorization, he can use it as a reason not to go in. It would essentially be his get out of jail free card from the “crossing the red line” jail of his own making. 2) If congress passes a resolution of force, “he” is no longer out on a limb by himself, if “we” attack and it doesn’t workout. 3) The length of time it will take to get this authorization (congress is back in session Sept. 9th), will put this issue so far in the rear view mirror, it will be “old news”. All of these give the president plenty of political cover, and that’s the most important thing to a politician.

– Thomas Sowell uses a term, “thinking beyond stage one”, Frederic Bastiat uses, “that which is seen, and that which is not seen”, when talking about the unintended consequences of a particular action. When it comes foreign policy, I don’t think the administration sees the long-term consequences of their stage one thinking.

– Why would you put off the implementation of something as wonderful as Obamacare, unless its implementation wouldn’t be so wonderful for you politically.

– Do the fast food workers who went on strike for higher wages from their employers realize they are angry at the wrong group of people. They shouldn’t be angry at their employers, they should be angry at consumers for not being willing to pay a higher price. The consumer ultimately pays the worker’s salary, and has no obligation to consume the same amount at the higher price. Remember when the cost of anything goes up, there will be less of that activity, and labor is no exception.

– I think the President should appoint a member of The Lavender Hill Mob, as the next Federal Reserve Chairman.

– When people get upset that congress is taking another recess, or the President is taking another vacation or playing another round of golf, instead of working; I always tell them we would be better off, and it would be less expensive, if we paid them double and sent them on a paid vacation for the duration of their terms. They couldn’t intervene into our lives, and we would be just fine.

– Minority children are usually helped the most by school voucher programs. The Justice Department is trying to block the Louisiana school voucher program, on the grounds that some of these students are in districts that remain under desegregation orders, and these vouchers would impede the desegregation process. Real children’s futures sacrificed to an imaginary God.

– I don’t understand all the hand wringing about concussions in football. I figured out concussions were probably a bad thing when I was playing 8th grade football. I tried to tackle, or I couldn’t get out of the way of, a guy who out weighed me by 50 pounds. I saw the flash of light when we collided, or when he ran over me, and I knew that wasn’t good. Every one knows the risks of playing football, and each person weighs these risks against the benefits and either keeps playing or quits playing.

Must Reads For The Week 8/31/13

August 31, 2013
The pen is mightier than the sword...

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

As Long As You Don’t Eat, Price Inflation Is Under Control, at economicpolicyjournal.com. Have you noticed that certain items, like raisins and tuna, have less in the box or can, for the same or higher price, than six months ago. Is this a way to hide inflation?

Airbnb And Its Enemies: Who’s Afraid Of A $10 a Night Sofa, by Jim Epstein, at reason.com. The free market finds a less costly way to provide a service, but the incumbents in the hotel industry try to get Government to stop this voluntary activity. When businesses lobby Government for protection from competition, it proves Government has exceeded its explicit constitutional powers.

Texas Oil Output Has Almost Doubled In The Last Two Years, by Mark J. Perry, at aei-ideas.org. The decisions of individuals, which is the market, is an unstoppable force. These economic forces are creating an oil boom. These same forces are working to correct Obamacare, which is why the President has stopped the implementation of some of the provisions.

The Huffington Post On Ludwig von Mises, at economicpolicyjournal.com. The fact that the Huffington post wrote an article about the great Austrian economist, Ludwig von Mises, gives us hope. This wouldn’t have happened just five years ago.

Is The Secular Bear About To Growl? at zerohedge.com. These are interesting charts about historical stock market run ups and declines. History isn’t a predictor of the future, it can only show past trends that may be similar to today. These trends are subject to change as the variables may not act as they did in the past.

Bitcoin Group To Meet With 7 Government Agencies, at economicpolicyjournal.com. The Government doesn’t like the free market, especially in money creation. Governments know if they lose their monopoly on money creation, their power will erode substantially because they won’t be able to fund their expansion.

NSA’s Surveillance  Programs Are The “Most Serious Attack On Free Speech We Have Ever Seen”, by Josh Levy, at informationclearinghouse.info. Government action creates incentives and constraints that individuals consider when they act. People will begin to censor themselves when they feel their speech is being monitored.

When It Comes To Obamacare, Ignorance Is Bliss For Young Americans, by Scott W. Atlas, at forbes.com. The administration is propagandizing young people into signing up for the health care exchanges, for one reason only. They want young people to pay more in insurance than they receive in benefits, essentially funding the Obamacare boondoggle. You got what you voted for.

A Truly Great Phony, by Thomas Sowell, at jewishworldreview.com. An article by Thomas Sowell, enough said.

Re-education At George Mason, by Walter E. Williams, at jewishworldreview.com. An article by Walter Williams, enough said.

Must Reads For The Week 8/24/13

August 24, 2013
The pen is mightier than the sword...

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

Thomas Sowell On Immigration, short video, at libertypenblog.blogspot.com. It’s probably as simple as enforcing the laws that are already on the books, instead of passing a new law that won’t be enforced.

Study Finds Craigslist Took $5 Billion From Newspapers, by Jeff Bercovici, at forbs.com. I saw this at mungowitzend.blogspot.com, No one took anything from anybody. The consumer has decided that Craigslist provides a better advertising  bang for the buck than newspaper advertisement. These two professors don’t understand that loses are just as important as profits in allocating scarce resources to their most productive uses. Creative destruction is a good thing for the economy as a whole.

Advanced Crony Payment: Hillary To Speak To Carlyle Group Investors, at economicpolicyjournal.com. The Carlyle Group is not at fault. The fact that Government has exceeded its constitutional power, and intervened in the market, forces businesses to essentially, pay a bribe, either for protection or favors from the Government.

White House Picks Creepy Panel To Review NSA Programs. at economicpolicyjournal.com. O.J. will find Nicole’s killer before this panel finds the NSA doing something illegal.

School Has Become Too Hostile To Boys, by Christina Hoff Summers, at ideas.time.com. Christina Hoff Summers is the go to gal when it comes to this subject. She Wrote the book, The War Against Boys: How Misguided Policies Are Harming Our Young Men. When you start your  analysis from the premise that boys and girls are different, your chances of getting it right go up exponentially.

Progressives And Blacks, by Walter E. Williams, at jewishworldreview.com. Progressives and liberals should be considered covert racists, because they seem to think minorities can’t achieve to an equal level as these progressives have achieved, unless they are helped by these same progressives.

The Ruling Aristocracy Does Not Abide By The Rules They Impose On The Serfs.

August 12, 2013

The rule of law is defined by Thomas Sowell (read here) as, rules known in advance, applied generally, and constraining the rulers as well as the ruled. He defines freedom as, exemptions from the power of the rulers and a corresponding limitation on the scope of all laws, even those of democratically elected Governments. With the recent  Obamacare waiver for congress and their staffs, the incremental erosion of the rule of law continues unabated. You barely hear a whimper from the pusillanimous (yes, it means what you think it means),Republicans. The freedom of the individual that is protected by the constitution, the same constitution these Republican swore to defend and protect from all enemies foreign and domestic, takes second place to what they value most, which is (more…)

Thomas Sowell’s Random Thoughts.

July 29, 2013

Thomas Sowell gives us some Random Thoughts (read here) from wise thinkers. Here are a few examples.

“We shall not grow wiser before we learn that much that we have done was very foolish.” (F.A. Hayek)

“There is no safety for honest men, but by believing all possible evil of evil men, and by acting with promptitude, decision, and steadiness on that belief.” (Edmund Burke)

“The study of history is a powerful antidote to contemporary arrogance. It is humbling to discover how many of our glib assumptions, which seem to us novel and plausible, have been tested before, not once but many times and in innumerable guises; and discovered to be, at great human cost, wholly false.” (Paul Johnson)

As a bonus, here are some short videos of Thomas Sowell, from commonsensecapitalism.com.

Equality As A False Norm.

We Can’t All Be Made The Same.

Thomas Sowell Discusses His Ideology.

Thomas Sowell Weighs In On The Zimmerman Case

July 18, 2013

When Thomas Sowell weighs on an issue there is usually not much more that can be said. In this article titled, Is This Still America? (read here), he is concerned about how this mess is going to affect the rule of law, peoples faith in the legal system and their faith in the country. Thomas Sowell  has said in the past that, “People have to be aware of the dangers in letting economic decisions be made through political processes”. I think we can change a couple of words, and the meaning will still hold true. Let’s try this,  People have to be aware of the dangers in letting legal decisions be made through political process.

Politics is poison, it pits groups against each other. Our constitution was set up to insure the rights of the individual against the coercive power of groups in general and Government power in particular. Our Constitution has nothing to say about group rights.  I hate politics because, logic and reason are tossed aside because it  gets in the way of the emotional orgy that is at the heart of politics. Everyone wants to have their way, which is impossible, except in the utopian world of political promises.

Quote from the article, “The only real heroes in this trial were the jurors. They showed that this is still America — at least for now — despite politicians who try to cheapen or corrupt the law, as if this were some banana republic. Some are already calling for a federal indictment of George Zimmerman, after he has been acquitted.”

“Will this still be America then?”

Read This Speech by Thomas Sowell titled, “The Quest For Cosmic Justice”, at tsowell.com.

Related articleThomas Sowell Explains How Democracy And Freedom Are Not The Same Thing, by austrianaddict.com.