Personal realization requires that we understand the importance of removing ourselves as much as possible from the influence of the political and financial establishment. That means we discover personal freedom.
Let’s allow Billy Joel to explain it in his great song Movin Out.
“You can pay Uncle Sam with the overtime
Is that all you get for your money
And if that’s what you have in mind
Then that’s what you’re all about
Good luck movin up cause I’m movin out”
James Altucher wisely states “Only free time, imagination, creativity, and an ability to disappear will help you deliver value that nobody ever delivered before in the history of humankind.”
Continue reading “Freedom from the Establishment – Moving Out and Moving On”
Reality 1: Laissez faire capitalism does not cause recessions and depressions.
Reality 2: Government interventionism completely disrupts the smooth functioning of the marketplace resulting in permanent economic decline.
Reality 3: Federal Reserve policy of artificially lowering interest rates and increasing the money supply to “stimulate” the economy causes boom and bust cycles resulting in economic recessions and depressions.
Continue reading “Illusion: Capitalism Causes Recessions & Depressions”
There we were, standing in a dilapidated kitchen holding sponges and paint scrapers. A big bucket of wall cleaner sat on the corroded tile floor next to us. We knew it would take a monumental effort to renovate this house. My friend George asked “How does it feel to be David Rockefeller’s scum scraper? I said “Darn, how did we ever allow the Trilateral Commission to take over our lives? Then we laughed. We were heavily into conspiracy theory.
Continue reading “Season of Conspiracy and Economics”
Members of the political and financial establishment prefer that you place your faith in their paper promises. In addition, you must trust the Central Banking system. You should avoid the barbaric relics gold and silver, unless of course you’re purchasing jewelry. Make sure you have a credit card available. You don’t want to handle those nasty germ-ridden bills.
A version of this article appeared on Laissez Faire Today as “Gold’s Redheaded Stepchild is Stumbling Back.”
Don’t you think we ought to find out if silver is a rock-solid investment. Of course, if you prefer to believe in Federal Reserve promises, you don’t need to read the article. Maybe you get the “warm fuzzies” listening to Janet Yellen and company.
Continue reading “Is Silver A Rock-Solid Investment?”
Western Civilization teeters on the verge of collapse. The social and economic policies of the political and financial establishment sinks as a bloated mixture of quack Keynesian economics and spurious socialist dogma. You may believe the stock market indicates otherwise; however, any free market economist can expose the so-called recovery as a fraud. In addition, most people show no love for rational selfishness and laissez faire capitalism.
You may be wondering how it’s possible for us to feel any love towards fellow human beings…when so many seem to be caught up in a whirlwind of evil doings, while others apathetically put up with it. Ayn Rand stated “Evil requires the sanction of the victim.”
Continue reading “Love of Rational Selfishness and Capitalism”
Doesn’t it perplex you that people search outside of themselves for answers to life’s problems. One of the worse places to seek answers is the government. Of course, greedy, altruistic people promise to supply the solutions. One quick glance at our economic woes tells us this isn’t the place to look.
During Ronald Reagan’s inaugural address delivered on January 20, 1981, he said “In this present crisis, government is not the solution to our problems: government is the problem. Well, things haven’t changed. People still believe in the illusion of government solutions to economic problems.
Continue reading “Government Ought to Do Something Illusion”
Although there have many “isms” to designate the various social systems that have existed throughout history there are basically only three. They are Capitalism, Socialism and Interventionism. We can place all the “isms” in one of these three categories.
Capitalism is an economic concept of civilization that requires the private ownership and control of the means of production.
Socialism is a system of social organization that calls for public (state) ownership of the means of production. The totalitarian state owns everything and everyone’s life.
Continue reading “Capitalism vs Socialism and Interventionism”
News Blitz: The Federal Reserve System’s War on Honest Money Will Eventually Create an International Monetary Crisis.
You may not know it, but the Fed’s currency manipulation schemes threaten to bring down the international house of monetary cards.
In Antony P. Mueller’s brilliant article What’s Behind the Currency War? from FEBRUARY 23, 2011 which is still pertinent, he states:
Continue reading “Federal Reserve System’s War on Honest Money”
We can place booms, busts, bubbles and economic catastrophes firmly on the lap of the Federal Reserve System. Individuals such as Alan Greenspan and Ben Bernanke should have know better…yet they contributed to monstrous booms that finally collapsed, leaving many people’s financial and personal affairs in complete disarray.
Around the hard money camp, these “prestigious” Fed Chiefs are known by their nicknames “Bubbles” Greenspan and “Helicopter” Bernanke. I’m not sure if old Alan got his nickname from his preference for bubble baths or bubble economies. Bernanke once remarked something about tossing dollars out of helicopters.
In this article, we’re concentrating on the monetary policies of Alan Greenspan. Let’s find out if his tenure as Fed Chief violates the economic policies Objectivists believe in. Is he a traitor to Objectivism?
Continue reading “Alan Greenspan – Traitor to Objectivism?”
A person leaves school and vows he will never be subject to that torture again. The result: The disillusioned individual often drifts through life with a closed mind…and a resistance to new ideas and new ways of living. The virtues of Objectivism, reason and laissez faire capitalism remain outside of his awareness. Eventually, he (she) settles into a comfort zone of boredom and stagnation. Finally, his life becomes unsettled, filled with one crisis after another. A changing world won’t let him cling to his uninspiring routines.
Continue reading “Journey to Objectivism, Reason and Human Action”