Categories
Thought

Carl Menger

There is no better means of reducing a fallacious variety of thought to absurdity than to let it live itself out completely.

Attributed to Carl Menger in Ludwig Von Mises, “Comments about the mathematical treatment of economic problems.” Journal of Libertarian Studies, Spring 1977, 1(2), p. 100.
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Today

Statute of Kalisz

On September 8, 1264, Boleslaus the Pious, Duke of Greater Poland, promulgated the Statute of Kalisz, guaranteeing Jews safety and personal liberties and giving battei din jurisdiction over Jewish matters.

On the same date in 1883, former U.S. President Ulysses S. Grant drove in the final “golden spike” completing the Northern Pacific Railway in a ceremony at Gold Creek, Montana.

Categories
crime and punishment insider corruption national politics & policies

A Plausible Theory

A solid majority of Americans — a supermajority, even — are likely unaware that Donald J. Trump is suing Hillary Clinton and a gaggle of her cohorts for their part in the Russiagate hoax.

Though it has been reported on, here and there and now and then, I wasn’t aware until a few weeks ago.

Most major network news outfits do not make much of it.

Indeed, CNN’s initial coverage was quite instructive in how to downgrade a story in potential readers’ minds: “deep state” is in scare quotes and Hillary crony John Podesta is himself quoted as saying the suit was sure to be a “hoot.”

That’s the dismissive tactic of the current Vice President’s cackle. 

But this lawsuit may be the key to understanding what the FBI was really looking for during its documents raid at Trump’s Mar-a-Lago residence: the material he had collected to bring this lawsuit against his enemies who had tried to unseat him using farrago, fantasy, and fraud.

In The Epoch Times, Jeff Carlson expounds on this theory that Trump had the goods on Clinton and certain other players on her staff and within the FBI and elsewhere, and that the FBI was trying to confiscate and muddy up the waters about what documents may be used in Trump’s lawsuit.

Calling the raid “a targeted fishing expedition — designed to capture any and all information relating to the Russiagate hoax,” Carlson notes it comes “at the exact time that the DOJ is defending its actions taken in the Russiagate hoax in court against Trump’s RICO case.”

Evidence, over time, has indeed linked Russiagate directly back to Hillary Clinton’s 2016 campaign. Indeed, the Muller Report was  a jumble of nonsense and notoriously fizzled. The whole mess is indecent.

But the only thing we — outside the halls of power — can count on for sure is that the insiders cannot be trusted to do anything but protect their power.

This is Common Sense. I’m Paul Jacob.


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Thought

James Mill

Labour produces its effects only by conspiring with the laws of nature.

James Mill, Elements of Political Economy (1821).
Categories
Today

Fannie and Freddie

On September 7, 2008, the U.S. Government “took control” of the two largest mortgage financing companies in the United States, Fannie Mae and Freddie Mac. Both of these had been created by Congress as part of a concerted plan to make home ownership easier, and both had gotten completely out of hand during the many years of their existence, especially under new rules established by politicians in the 1990s. The after-market that they helped create — the packaged mortgage market — was what imploded in 2007–2008, leading to the economic slump that Nicholas Nassim Taleb referred to as setting the U.S. government on President Obama’s economic policy course of “eight years of Novocain.”

Categories
education and schooling ideological culture

The Liars

Talk about proof positive that school officials have a policy of lying to parents about their children!

According to Fox News, Kansas teacher Pamela Ricard contends that “deceiving parents about their children’s pronouns was against her Christian beliefs.”

Yet her bosses demanded this precise deceit.

Officials at Fort Riley Middle School suspended Ricard for referring to a transgender child by his or her legal name and by standard pronouns rather than by his or her preferred name and pronouns. (The Fox News report is coy about the actual sex of the child.) Ricard had also been ordered to use only the legal name and standard pronouns when speaking to the child’s parents — i.e., to conceal the child’s stated preferences.

Parents of any religion, or none, may well dispute the notion that when their kid suggests that he or she is “really” a member of the opposite sex, this profession of sexual faith points in a direction that any supportive adult ought only to encourage and sanction.

Of course, it is precisely the fact that parents may well disagree with school officials about the appropriate response to such intimations that inspires dishonest officials with an ideological-cultural agenda to demand that parents be lied to.

With the help of Alliance Defending Freedom, Pamela Ricard won a settlement of $95,000 from the Geary County school district for its treatment of her. After she filed the lawsuit, the district dropped its policy of lying to parents.

At least, so they say.

This is Common Sense. I’m Paul Jacob.


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Edward L. Bernays

It is axiomatic that men who know little are often intolerant of a point of view that is contrary to their own. The bitterness that has been brought about by arguments on public questions is proverbial. Lovers have been parted by bitter quarrels on theories of pacificism or militarism; and when an argument upon an abstract question engages opponents they often desert the main line of argument in order to abuse each other.

Edward L. Bernays, Crystalizing Public Opinion (1923).
Categories
Today

Yves Guyot

On September 6, 1843, Yves Guyot was born. A journalist, economist, and political activist, he once endured a six-month prison term for his campaign against the prefecture of police. He served as minister of public works under the premiership of P.E. Tirard in 1889, retaining his portfolio in the cabinet of Charles de Freycinet until 1892. A free-trade liberal, he lost his seat in the election of 1893 owing to his militant attitude against socialism. His many books included The Principles of Social Economy (1892), The Tyranny of Socialism (1894), The Comedy of Protection (1906), Socialistic Fallacies (1910), and Where and Why Public Ownership Has Failed (1914). He served as editor of Journal des Économistes, following the Belgian economist Gustave de Molinari.


Illustration is a detail from a caricature by artist André Gill (1840-1885).

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Thought

Yves Guyot

Wages are a speculation. The laborer who offers his labor to a trader or a contractor, argues thus with him: ‘I deliver to you so much labor. It is true that you run the risks of the enterprise. You are obliged to make advances of capital. You may gain or lose. That does not concern me. I do my work, I make it over to you at a certain price; you pay this to me whatever happens. Whether it redounds to your benefit or causes you loss is not my affair.’

Yves Guyot, The Tyranny of Socialism, Laissez Faire Books, 2015, LFB.org.

Categories
Today

First President of Congress

Responding to British Parliament’s enactment of the Coercive Acts in the American colonies, the first session of the Continental Congress convened at Carpenter’s Hall in Philadelphia, on September 5, 1774. Virginian Peyton Randolph (pictured) was appointed as the first president of Congress. John Adams, Patrick Henry, John Jay and George Washington were among the delegates.