What ‘Spocking’ Tells Us About Our Money
There are a lot of creative people in the world. The latest example of artistic creativity is “Spocking” Canadian money: Canadians are paying a strange sort of tribute to the late Leonard Nimoy — they’re drawing his most famous character, Spock from “Star Trek,” over a 19th-century politician on their banknotes…. It
How To Use the New Green Deal to Political Advantage
One way to win an argument is to force those who hold the opposing position to live consistently with that position. Politicians are notorious for making laws for you and me but exempting themselves. This happened with Social Security. Until 1983, Congress was exempt from Social Security. While Congress mandated that the
The World Is Playing With Monopoly Money
The game of Monopoly debuted in 1935 during a time of financial recovery after a steep economic downturn called the Depression from which we’ve never really recovered since government intervention created the Depression and every economic downturn since. A similar game was developed by Elizabeth (Lizzie) J. Magie Phillips in
Church of England Bishop Blasts Evangelical Christians for their “Uncritical Support” of Trump
Paul Bayes, a senior Church of England Bishop of Liverpool, denounced evangelicals in the United States for supporting Donald Trump and his economic policies as they relate to the poor. Bayes told the Guardian: “Some of the things that have been said by religious leaders seem to collude with a system
Why Subsidies are Theft
We hear that “taxation is theft,” and much of it is, but it’s also true that a subsidy is theft. The Affordable Care Act is attractive to people because it offers “subsidies” to millions of people who cannot afford healthcare. What is a subsidy? It’s someone else’s money. By the
Americans Choose a $2.00 Chocolate Bar over a $150 Silver Bar
“No State shall…coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts….” – Article I, Section 10, Clause 1 of the Constitution There’s a video going around where a man offers people the choice between a Hershey chocolate bar that
ISIS Creates Gold and Silver Currencies to Bring Down the US
There’s not a lot to agree with about ISIS, but the organization’s call for currencies using gold and silver is the right move. “Reports have emerged indicating that the Islamic State is planning to soon circulate its own form of currency in areas under its control, and plans to issue
Will Trillion-Dollar Coins Fix the Debt Crisis?
The Congressional spenders and the President are thieves. They pass laws to take our money in the form of a progressive income tax and redistribute it to people who don’t lift a finger to earn it. They print money to dilute the value of our investment accounts. They implement debt-ridden
Reclaim the Language: Taxation is Theft
The first thing any good debater learns is that the debate is never with the guy on the stage. The debate is always with the audience. Os Guinness makes a very astute observation in his book The Gravedigger File. It’s the 10-10-80 principle. In most social movements, there are worldview
Germany (Tax Cuts) France (Tax Increases): Who Will Win?
This should be the next debate topic. If statistics, morality, and history are any indicators, the direction that Germany is taking will win the day. Of course, cutting government to its proper role (in the US that means its constitutional limitations), there will always be appeals for more money. Public
The Fed Helps Dairy Industry by Adding Water to Milk
Fed chief Ben Bernanke defended pumping money into the economy by arguing that not only does it help “strengthen the US economic recovery, but by boosting US spending and growth it has the effect of helping support the global economy as well.” If adding fiat currency to the economy is
Funny Money Fueling the Stock Market
The government makes it very easy to bring on prosperity. Print more money. If that’s always the solution, then why not do it sooner, bigger, and faster? The Federal Reserve has decided to pump more funny money into the economy. On cue, the stock market rallied: “The Federal Reserve fulfilled
Why Pay Taxes When the Government Can Just Print Money?
Why do we have to pay so much for milk? Let’s just put more water in it. Why pay so much for paint? Why not dilute it. Why pay so much for concrete? Just add more sand and gravel? That’s the logic of “Why Pay Taxes When the Government Can
Why Social Issues are Important
Rick Santorum is getting hammered because of his social issues message. Critics say that he should be talking about the economy and not contraception and abortion. When a candidate gives a speech, he talks about a lot of things. Members of the media pick and choose what to concentrate on.
Are There Moral Economic Standards?
If you listen to Liberals, Jesus was a socialist and the Bible calls for wealth redistribution. There are many Christians who maintain that economics is a “neutral” enterprise where religion in general and Christianity in particular don’t apply to this world and time. Liberals only quote the Bible when they
Obama Says God Wants Congress to Pass His Jobs Bill
Finally, I found something on which I can agree with the President. The following comments were in front of the Key Bridge, which spans Arlington, Va. and Washington. The President urged Congress to pass the infrastructure piece of his jobs plan: “If Congress tells you they don’t have time, they