Governor Gary Johnson (R-NM) is a great candidate for president. I interviewed him on the Republican Liberty Caucus site last year. Johnson has better small government credentials than any candidate save Ron Paul. On this video he says that we are on the verge of a financial collapse. He favors balancing the federal budget tomorrow and cutting 43 cents out of every federal dollar. He favors decriminalizing marijuana and cutting or ending the victimless crime incarceration rate.
Sunday, April 24, 2011
Koran Burning and the Establishment of Religion
H/t Dennis Sevakis.
PO Box 130
West Shokan, NY 12494
April 24, 2011
Senator Lindsey Graham
Washington Office
290 Russell Senate Office Building
Washington, DC 20510
Dear Senator Graham:
You are out of line to say that the speech or expression of book burners ought to be suppressed. While I agree that book burning, including of the Koran, is wrong, federal and local governments do not have the right to suppress speech. In choosing between your three wars versus respect for free expression, I emphatically choose the latter. Your wars have yet to produce value; you destroy value through your socialistic intolerance.
Your attitude toward freedom of speech has solidified my view on your three wars: all three need to be brought to an end now. And as far as Pastor Terry Jones, although I agree that he is wrong to burn the Koran, anyone who thinks that Dearborn or any other city has the right to arrest him is NOT AN AMERICAN. Benjamin Franklin wrote, "Where liberty is, there is my country." You sir, reside elsewhere, as do Dearborn's goons.
Sincerely,
Mitchell Langbert, Ph.D.
PO Box 130
West Shokan, NY 12494
April 24, 2011
President Barack Obama
The White House
Washington, DC
Dear President Obama:
The recent detention of a pastor who burned the Koran is a hateful, suppressive act illegally perpetrated by Dearborn's government. While it is desirable to be respectful to all religions, you as president ought not to play a role in establishing a religion, in suppressing freedom of speech, or in making light of hate crimes against Jews while fetishizing much less substantial ones against Muslims. The US Constitution does not permit you to establish a religion.
Recently, in the context of Operation Enduring Freedom, the US military burned Bibles. You have established your indifference to Christianity; as well, you have violated the establishment clause of the US Constitution.
Sincerely,
Mitchell Langbert, Ph.D.
PO Box 130
West Shokan, NY 12494
April 24, 2011
Senator Lindsey Graham
Washington Office
290 Russell Senate Office Building
Washington, DC 20510
Dear Senator Graham:
You are out of line to say that the speech or expression of book burners ought to be suppressed. While I agree that book burning, including of the Koran, is wrong, federal and local governments do not have the right to suppress speech. In choosing between your three wars versus respect for free expression, I emphatically choose the latter. Your wars have yet to produce value; you destroy value through your socialistic intolerance.
Your attitude toward freedom of speech has solidified my view on your three wars: all three need to be brought to an end now. And as far as Pastor Terry Jones, although I agree that he is wrong to burn the Koran, anyone who thinks that Dearborn or any other city has the right to arrest him is NOT AN AMERICAN. Benjamin Franklin wrote, "Where liberty is, there is my country." You sir, reside elsewhere, as do Dearborn's goons.
Sincerely,
Mitchell Langbert, Ph.D.
PO Box 130
West Shokan, NY 12494
April 24, 2011
President Barack Obama
The White House
Washington, DC
Dear President Obama:
The recent detention of a pastor who burned the Koran is a hateful, suppressive act illegally perpetrated by Dearborn's government. While it is desirable to be respectful to all religions, you as president ought not to play a role in establishing a religion, in suppressing freedom of speech, or in making light of hate crimes against Jews while fetishizing much less substantial ones against Muslims. The US Constitution does not permit you to establish a religion.
Recently, in the context of Operation Enduring Freedom, the US military burned Bibles. You have established your indifference to Christianity; as well, you have violated the establishment clause of the US Constitution.
Sincerely,
Mitchell Langbert, Ph.D.
Saturday, April 23, 2011
Obama's Employment Policies Have Failed Because of Quack Economics
I was just reading the recent edition of Gerald Celente's Trends Journal. Celente lives in Kingston, New York, which is about 1/2 hour from my home. Celente makes a good point about unemployment numbers. They don't count the people who have stopped looking for work. Therefore, a more meaningful statistic than the unemployment rate is the employment rate.
Here's some numbers. The employment numbers are as of January while the population numbers are as of July:
Employment is still below what is was following the financial paroxysm of 2008-9. The so-called stimulus package in early 2009 involved Obama's spending nearly a trillion dollars to increase employment. Besides the idea being nonsensical, the Obama administration spent billions on handouts to cronies, including George Soros's Brazilian oil holding. The net effect will be to reduce employment over time. In 2009 the employment rate was about 46.3% (my numbers are off somewhat because I took the employment and population estimates from different months). Today, two years after the Obama stimulus the employment rate is roughly 45.1%, more than one percent lower.
Of course, the Obama administration needs to take responsibility for taking the ridiculous idea of a "stimulus" seriously. As we study in elementary economics, the justification for a stimulus would be that the marginal propensity to consume is lower than the government's ability to spend money. This occurs because consumers save. But American consumers don't save. Moreover, the entire notion of the stimulus is dumb because the spending will cause future taxes to rise, dampening economic growth. It is outrageous that the public has been conned into subsidizing the crackpot theories of Keynesian economists.
The economists who recommended squandering the $800 billion have to bear responsibility for the failure of Obama's policies. They have no more claim to the status of having "scientific knowledge" than do astrologers or fortune tellers. Since economics is a failed profession, we can safely exclude economists from any public office, including the Federal Reserve Bank. Quacks deserve jobs as snake oil salesmen, not on the public dole.
As far as Obama, whatever absurd policies he and his quack advisers have concocted, we can conclude that he is a failure in the economic realm.
Here's some numbers. The employment numbers are as of January while the population numbers are as of July:
Employment is still below what is was following the financial paroxysm of 2008-9. The so-called stimulus package in early 2009 involved Obama's spending nearly a trillion dollars to increase employment. Besides the idea being nonsensical, the Obama administration spent billions on handouts to cronies, including George Soros's Brazilian oil holding. The net effect will be to reduce employment over time. In 2009 the employment rate was about 46.3% (my numbers are off somewhat because I took the employment and population estimates from different months). Today, two years after the Obama stimulus the employment rate is roughly 45.1%, more than one percent lower.
Of course, the Obama administration needs to take responsibility for taking the ridiculous idea of a "stimulus" seriously. As we study in elementary economics, the justification for a stimulus would be that the marginal propensity to consume is lower than the government's ability to spend money. This occurs because consumers save. But American consumers don't save. Moreover, the entire notion of the stimulus is dumb because the spending will cause future taxes to rise, dampening economic growth. It is outrageous that the public has been conned into subsidizing the crackpot theories of Keynesian economists.
The economists who recommended squandering the $800 billion have to bear responsibility for the failure of Obama's policies. They have no more claim to the status of having "scientific knowledge" than do astrologers or fortune tellers. Since economics is a failed profession, we can safely exclude economists from any public office, including the Federal Reserve Bank. Quacks deserve jobs as snake oil salesmen, not on the public dole.
As far as Obama, whatever absurd policies he and his quack advisers have concocted, we can conclude that he is a failure in the economic realm.
Music Video: How Federal Reserve Bank Policy Works
Glenda R. McGee asked me for a pictorial depiction of how the Federal Reserve Bank and world monetary system work. Fortuitously, Dennis Sevakis sent me this Rube Goldberg music video that captures the essence of current American economic and monetary policy.
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