Monty Pelerin's World » 2012 January

Occupy Golf!

humor Tagged with: golf, humor

Jan 312012

Thanks to reader JL for sending this in. Original author apparently unknown: I am a member of golf’s 99%. I play golf, but have not yet made it to the professional level!! I have played the game for over 30

Is Obama Playing With a Full Deck?

all other, Government Tagged with: Barry Rubin, Obama

Jan 312012

I originally tweeted a reference to this piece. Upon re-reading it, I felt compelled to refer to it in a post. Here is Barry Rubin’s take on His Royal Incompetency: I’ve been waiting for someone to voice my reaction to

Brits on US Political Situation

humor Tagged with: British, humor

Jan 312012

I received this collection of British cartoons from reader Leo M. As he suggests, the British have their own unique way with humor. The Brits, as usual, are a bit more subtle than we are . . .

How Currencies Die and Gold Prospers — Part I

gold, Government, Inflation, Insolvency, Investing Thoughts Tagged with: Central bank, Fiat Currencies, Monetary policy, World Currency

Jan 302012

The Dollar is doomed. So too are most other fiat currencies. It is the nature of fiat currencies and the nature of governments throughout history. All countries have abused their citizenry and investors via the printing press. Since the formation

Government: Better Management or New Mission Statement?

Government Tagged with: Conservatives, Ron Lipscomb, schism

Jan 302012

Yesterday’s post regarding liberals vs. conservatives described a schism between the two opposing political sides which derives from different assumptions regarding the nature of man. Ron Lipscomb looks at a similar dichotomy that exists within the right-side of the spectrum

Liberalism and Conservatism

Government, knowledge, Sowell Tagged with: conservative, liberal, tenets

Jan 292012

Most people consider themselves liberal or conservative without fully understanding the assumptions upon which these beliefs rest. Parental beliefs or a choice of one of the two major political parties is often as deep as their understanding goes. Another motive

Obama Believes He is Above The Law

law Tagged with: American Thinker, law, Obama, Office Of President

Jan 282012

Little things often reveal a lot. Little things also often grow into big things. It is in this light that yesterday’s trial in Georgia regarding Obama’s eligibility for the Office of President should be viewed. What, you haven’t heard about this? No

Let’s All Be Unhyphenated Americans

all other, Uncategorized Tagged with: Americans, schools

Jan 282012

Wonder why your kids don’t learn at school? Here is but one reason related to political correctness gone wild. The woman in this video is shrill, but she is correct in what she says. The hypocrisy of the school system,

Why America Hates Its Politicians So Much

ethics, Favorites, Government, knowledge, law Tagged with: Barack Obama, Political System, State of the Union, Truth

Jan 272012

Another State of the Union speech has come and gone. These speeches are predictable, useless, boring and purely political. Supporters of the party in power rave about matters such as “vision,” “compassion,” “fairness” and “the future.” Detractors focus more on reality

Willie on Dollar Collapse

dollar, Inflation, Insolvency Tagged with: dollar collapse, Jim Willie

Jan 272012

Jim Willie has been harping on the decline (collapse?) of the dollar. He is usually out front on these matters, often long before others. But pioneer scouts like Mr. Willie are often early and sometimes wrong. Regarding the fate of

The Social Welfare State – Motivated Not By Compassion But Political Self-Interest

Favorites, Government, Insolvency

Jan 262012

The siren song of Socialism contains the seeds of destruction that now threaten the very foundations of civilization. Socialism as a disease progresses slowly, but has been undway for more than 100 years. The malignancy is now metastasizing. Unfortunately we

The Debt Monster Will Destroy The World

Debt, Government, Inflation, Insolvency Tagged with: Debt, Depression, Insolvency

Jan 262012

There are still those who don’t believe the world is heading for massive debt defaults. But then there are also some who believe King Tut is not dead but merely sleeping. Debt has grown exponentially in developed countries. This growth

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Random Favorites

Red vs. Blue: Bloods vs. Crips: National politicians have been served notice that the American people have finally awakened. Dissati...
A Class of Economic Zombies, Another Triumph of Socialism : Apparently our government has succeeded in making almost half of the population dependent upon i...
Simon Johnson: “Quiet Coup” Prevents Solution To Economic Problems: FINANCIAL OLIGARCHY RUINING THE ECONOMY "... recovery will fail unless we break the financial oliga...
When You Strike At A King, You Must Kill Him: Thomas Sowell opines on our Lybya-Qaddafi "strategy" and The World's Greatest Strategist: The mos...
The Wealthy Beg: In a further sign of the deterioration of society, the wealthy (or formerly wealthy) believe they ar...
"Free" Booze for State Alcoholics: ... the stimulus was akin to providing a gift of booze to a recovering alcoholic. The states cont...
Keynes as “Useful Idiot”: The milk of American politics may be money, but the fuel for American socialism is Keynesian economi...
Freedom Lost -- Senate Bill 1867: Freedom has been disappearing in this country since its founding. In recent decades, the deteriorati...
Dallas Fed Chief Says U.S. in 'Budgetary Death Spiral': I have used the term "Debt Death Spiral" which I think might be more appropriate. Richard W. Fisher,...
Tipping Point Ahead or Behind Us: This excellent article from American Thinker outlines our problems and where we are inevitably heade...
Worse than a Depression: As the economic crisis approaches the two-year point, it is apparent that “this time is different.” ...
Quantitative Easing: Our Tiger by the Tail: Friedrich Hayek’s A Tiger by the Tail: The Keynesian Legacy of Inflation was published in 1978. It s...

Random Quotes

Potentially, a government is the most dangerous threat to man's rights: it holds a legal monopoly on the use of physical force against legally disarmed victims. Ayn Rand
A government that can at pleasure accuse, shoot, and hang men, as traitors, for the one general offence of refusing to surrender themselves and their property unreservedly to its arbitrary will, can practice any and all special and particular oppressions it pleases. The result -- and a natural one -- has been that we have had governments, State and national, devoted to nearly every grade and species of crime that governments have ever practised upon their victims; and these crimes have culminated in a war that has cost a million of lives; a war carried on, upon one side, for chattel slavery, and on the other for political slavery; upon neither for liberty, justice, or truth. And these crimes have been committed, and this war waged, by men, and the descendants of men, who, less than a hundred years ago, said that all men were equal, and could owe neither service to individuals, nor allegiance to governments, except with their own consent. Lysander Spooner
Talent is God given. Be humble. Fame is man-given. Be grateful. Conceit is self-given. Be careful. John Wooden
The government is good at one thing. It knows how to break your legs, and then hand you a crutch and say, “See if it weren’t for the government, you wouldn’t be able to walk”. Harry Browne
I wish that I may never think the smiles of the great and powerful a sufficient inducement to turn aside from the straight path of honesty and the convictions of my own mind. David Ricardo
Old forms of government finally grow so oppressive that they must be thrown off even at the risk of reigns of terror. Herbert Spencer

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