Keynes Versus Hayek; Second Round
Hat tip: Tom Woods
"I am by birth a free Commoner of England, and am thereby intailed or intituled unto an equall priviledge with your selfe, or the greatest men in England, unto the freedome and liberty of the Lawes of England." William Thompson, 14. of December, 1647
Soros said, “Friedrich Hayek is generally regarded as the apostle of a brand of economics which holds that the market will assure the optimal allocation of resources — as long as the government doesn’t interfere. It is a formalized and mathematical theory, whose two main pillars are the efficient market hypothesis and the theory of rational expectations.
“This is usually called the Chicago School, and it dominates the teaching of economics in the United States.”
There may be some readers who don't get why that's funny. Tom will explain...
"Justice being taken away," wrote St. Augustine centuries ago, "what are kingdoms but vast robberies?" In this detailed presentation, investigative journalist William Norman Grigg documents the emergence of a global "Robber State" in which police power is perverted into an instrument of oppression, and the forces of organized terror and plunder prey upon the rights of all people. Filmed in 1999 and produced by The John Birch Society.
Orphans of Liberty
A joint venture by various voices with varied views, here united under one banner – the defence of liberty.
Whatever label, be it libertarian, conservative, liberal or none of the above; whether we base our claims on Magna Carta and the Bill of Rights, the Natural Law according to Aquinas, Grotius, Locke and the rest, or take a rationalist utilitarian view on what works and what assuredly does not, the battle must be joined against our political foes, including:
the EU state and those in our own government who support and further its agenda;
the seemingly-inexorable aggrandisement of state interference in our private lives, so much so that almost nothing is left private at all;
the noxious fumes of these viscious but lumbering brutes, as their control-freak minions, the massed clip-board sadists at their command, fan out across our economy and society, an evil root takes hold, thrusting up vile invasive vegetation, proliferating legislation, where no rules or few were thought needed, now these are legion. Examples abound, and nary a mention of this gathering storm of oppression from our guardian gate-keepers in the mainstream media.
Here, then, is our defiance. Read, engage, enjoy!
11: Special General MeetingsAny time after the 16th of May is fine with me.
11.1 The NCC may, at any time, call a Special General Meeting, hereinafter referred to as a "SGM"
11.2 Attendance at a SGM is open to all non-suspended Party members only
11.3 The NCC shall
(a) give notice of the date and place of the "SGM" to members at least four weeks before the intended date;
(b) set the entire agenda for the SGM
11.4 At a SGM
(a) only attending Party members will be entitled to vote;
(b) a two thirds majority of those voting will be required for a vote to be carried.
The other day I noticed for the first time in a while the cost of a packet of 20 cigarettes. De-sensitised as I am to the voracious greed of HM Government, aided and abetted by the shrieking harpies of by the Puritan Front, I was still shocked. I can’t imagine anyone paying that for a packet of cigarettes, and I expect a drop in sales will ensue, to be claimed by aforementioned plunderers and puritans as a victory. Most insulting of all is the new packets containing 14 cigarettes.
But let me point out to the sons and daughters of
Satan Temperance, the reason I’ve only just noticed is because a friend of mine came back from abroad and brought me a package of the finest tobacco, and someone else is doing me the same favour right now. Neither of these people smoke, and neither of these people were asked to do this. It has becomes such a well-established fact that Britain is a tax hell-hole, that bringing back tobacco has found its way onto the itinerary of many travellers who wouldn’t dream of lighting up themselves, and all this is before we come to the smugglers.
"The vaccination works using pleasure inhibitors by preventing the subject from getting any enjoyable sensation from his or her intake of nicotine."
A new treatment for nicotine addiction is close to approval, and, according to clinical trials, it may sound the death nell for smoking. "Tumbril TM promises a revolution in smoking cessation" claimed Prof. Guillotine of the Committee of Public Health and Safety. (cont. pg 94)
European politicians rejected three cost-cutting measures, which would have seen salaries frozen and travel allowances cut...I'm just gonna take a few deep breaths and let it go.
"Marta Andreasen, a former chief accountant at the European Commission and Ukip MEP, said : "This proves categorically and unambiguously that when the European Parliament speaks of austerity measures it applies to everybody else except the institution itself.
"MEPs were given the opportunity to lead by example and save millions and millions of pounds in the budget for 2012. Instead they chose to show their true colours to taxpayer's across Europe. I am appalled that Labour and Liberal MEPs voted to fly in the lap of luxury at taxpayers expense while ordinary people at taking cuts in services and paying more tax."
"A statement from the Home Office said: "The government absolutely condemns the burning of the Qur'an. It is fundamentally offensive to the values of our pluralist and tolerant society."Tolerant, but not that tolerant, it seems. The BNP may well lack a certain pluralism and tolerance, but so does that book. To claim that burning it, especially in a private place, is any kind of public order offence, you have to use the elliptical logic that someone else is going to over-react and that they are going to commit the offence, which stinks of being a special privilege bestowed by a cowardly state on one section of society. This would not apply to a Bible-burner, because it is assumed Christians can take it in their stride, which no doubt they can. It would not apply to communists over burning a copy of Das Kapital, or atheists if someone torched Dawkins' 'God Delusion'. It only applies to one group in society, who have officially been designated as having the thinnest of skins. The question is; are any muslims man enough to stand up and denounce the arrest, on the grounds that it's actually no big deal?
Lord Kinnock: My Lords, when the noble Lord, Lord Pearson of Rannoch, says that he wants to stick to his guns, I am inclined to hope that he goes very near to the muzzle of those guns-indeed, just in front-because that would be a suitable location.May your words come back on you, you fucking leech.
"My first public spending cut (and it wouldn't hurt a single vulnerable person - Polly Toynbee is financially-independent and can blog her nonsense just as easily as publish it on dead trees) would be to deny The Guardian its advertising revenue by offering all government jobs online."Who could argue with that - other than the Graun itself? I'd love to see them do so. No doubt they'd bleat about the sanctity of a 'free press', oblivious to the howling contradiction between a government-subsidised newspaper and press freedom.
New tax year, same old MPs. After Budget promises to tackle tax avoidance, Parliament is passing legislation to block several loopholes – but an obscure clause specifically exempts MPs from these new restrictions.
Yes, really. Anyone who thought the denizens of Halitosis Hall had learned their lesson after the MPs’ expenses scandal will be disappointed. But it seems politicians still cannot get their heads round the childhood adage about sauce for the goose and gander – or why their constituents are fed up with buying them duck houses.
A reader who prefers to be known as ‘HTaxpayer’ emailed me to flag up this new scandal. He – or she – said: “Complex and at times draconian draft tax legislation, which has the potential to impact on any employee or employer in the UK, is contained in the Finance Bill.
“HM Revenue & Customs says that this legislation is only there to stop ‘tax avoidance’. However, Section 554E(8) specifically exempts members of the House of Commons and the Independent Parliamentary Standards Authority from the new legislation in situations where they are actually caught by it.
“If the legislation is fair and proportional, what is the need for a specific exemption for members of the House of Commons? Why don’t they rely on the same arrangements that every other employer and employee in this country has to rely on?
“If the legislation only targets tax avoidance, why is there a need for a special exemption for MPs?”
"Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism."... reveal who the real domestic terrorists are: The Federal Reserve. Quoting from Article One of the US Constitution:
Section. 10.No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.So, where the fuck does that leave Bernanke's counterfeiting crime syndicate? May the ghost of Andrew Jackson rise from the grave and bring vengeance down on these apostates! Meanwhile, here's another indicator that Nothaus is on the side of the angels, the despicable Southern Poverty Law Center are against him:
... von NotHaus' group has been followed for years by the Southern Poverty Law Center, a group that tracks political extremism. Long before the government began its investigation into von NotHaus, the group was raising concerns about the popularity of Liberty Dollars among fringe groups on the far right.
"He's playing on a core idea of the radical right, that evil bankers in the Federal Reserve are ripping you off by controlling the money supply," said Mark Potok, spokesman for the group. "He very much exists in the world of the anti-government patriot movement, whatever he may say. That's who his customers are."