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Today

GOP Formed, LBJ Calls Bama Guard

On March 20, 1854, former Whig Party members met in Ripon, Wisconsin, to establish a new party, the Republican Party, that would oppose the spread of slavery into the western territories.

On March 20, 1965, President Lyndon B. Johnson notified Alabama’s Governor George Wallace that he would use federal authority to call up the Alabama National Guard in order to supervise a planned civil rights march from Selma to Montgomery, after violence by state troopers and local police against a group of demonstrators had broken up their March 7 walk from Selma to Montgomery, the state capital city, in what became known as the “Bloody Sunday.”

Categories
Thought

A. Philip Randolph

“A community is democratic only when the humblest and weakest person can enjoy the highest civil, economic, and social rights that the biggest and most powerful possess.”

Categories
Thought

British philosopher Bertrand Russell, 1914

“And all this madness, all this rage, all this flaming death of our civilization and our hopes, has been brought about because a set of official gentlemen, living luxurious lives, mostly stupid, and all without imagination or heart, have chosen that it should occur rather than that any one of them should suffer some infinitesimal rebuff to his country`s pride.”

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Today

Patriot McKean born, Versailles Treaty rejected, Nevada gambling passed

On March 19, 1734, patriot Thomas McKean was born in Pennsylvania. McKean went on to sign the Declaration of Independence and to serve as president of the state of Delaware, chief justice of Pennsylvania’s Supreme Court and president of the U.S. Congress under the Articles of Confederation.

On March 19, 1920, for the second time, the United States Senate rejected the Treaty of Versailles, negotiated after World War I.

On March 19, 1931, with the state suffering from the economic Great Depression, Nevada’s legislature passed legislation legalizing gambling.

Categories
First Amendment rights

Speech Results

You often hear people who support campaign finance laws say that the First Amendment isn’t about money, “just speech.” These folks despise the Citizens United decision that forbade, under the First Amendment, regulation of groups of people (“corporations,” profit or non-profit) pooling money to advertise and promote ideas and arguments and slogans and such.

Though many are First Amendment extremists on other matters, desiring no government interference of protests or movies or the Internet, when it comes to politics they fear “Big Money.” So they want to censor speech that some groups would push near elections.

It turns out, of course, that the effects of the Citizens United decision have been mostly beneficial, as Tim Cavanaugh points out in Reason. As a result of that infamous decision, local political races have been “shaken up”; the decision “guaranteed ‘big laughs’” in many humorous political commercials that were all-too-rare before; interest groups have been freed of the old yoke of the major parties; the GOP presidential nomination process has been made far more competitive; and even President Obama, the Citizens United critic-in-chief, has raised millions under the auspices of the organizations the decision allowed to operate — so he apparently likes it, too.

The blessings of “more speech” are pretty obvious — if one looks for them. But for those with a prohibitionist mindset, who fear a wide open public discussion, they’ll no doubt hate actual free speech. As protected by the Citizens United decision.

This is Common Sense. I’m Paul Jacob.

Categories
Thought

Grover Cleveland

What is the use of being elected or reelected, unless you stand for something?

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Today

Stamp Act out, Cleveland born, Jap-Amer internment order, Gold reserve repealed

On March 18, 1766, the British Parliament repealed the Stamp Act, after four months of major protests in America.

On March 18, 1837, Grover Cleveland was born in Caldwell, New Jersey. Cleveland would go on to win the popular vote for president three times, and to be elected the 22nd and 24th President of the United States. He opposed high tariffs, inflation, imperialism and subsidies to business, farmers or veterans.

On March 18, 1942, President Franklin Roosevelt issued Executive Order 9102 establishing the War Relocation Authority to specifically abridge the constitutional rights of Japanese Americans by taking them into custody without any criminal charge. Over 120,000 citizens were forcibly relocated into internment camps.

On March 18, 1968, the U.S. Congress repealed the requirement for a gold reserve to back paper money in the U.S.

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links

Townhall: Diving for Pearls

My Townhall column, this weekend, is entitled “Diving for Pearls.” Give it a look, why not?

And then come back here to check out these relevant references and links:

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video

Video: Gas Prices

Earlier this week I touched on gasoline prices. One factor I didn’t mention (but which is getting a lot of coverage, now) is the weakening dollar. This humorous video points the finger at “The Bernanke”:

I am not certain about the argument here, though. So I look around for alternatives views. It turns out that David Henderson made the almost same argument as I did: saber rattling is a major factor in the world price of oil, and earlier on EconLog he argued against the inflationary explanation of today’s rising gas prices. (But Henderson assumes that inflation is an equilibrium price phenomenon. As I understand it, the Misesian view of inflation is that the price-upward pressure of inflationary monetary policy proceeds with a lag, and initial price rises tend to be sectoral, so we might expect some markets to be affected by new money first. Like housing was in the last bubble, like stocks are in most bubbles, like . . . gas?)

I am sure of one thing: There is going to be a lot more talk on this subject. I hope some of it is as amusing as the above cartoon.

Categories
Thought

Nelson Mandela

“I have fought against white domination, and I have fought against black domination. I have cherished the ideal of a democratic and free society in which all persons will live together in harmony with equal opportunities. It is an ideal which I hope to live for, and to see realised. But my Lord, if needs be, it is an ideal for which I am prepared to die.”