Socialism, like the ancient ideas from which it springs, confuses the distinction between government and society. As a result of this, every time we object to a thing being done by government, the socialists conclude that we object to its being done at all. We disapprove of state education. Then the socialists say that we are opposed to any education. We object to a state religion. Then the socialists say that we want no religion at all. We object to a state-enforced equality. Then they say that we are against equality. And so on, and so on. It is as if the socialists were to accuse us of not wanting persons to eat because we do not want the state to raise grain.”
― Frédéric Bastiat, The Law
Tag Archives: economics

Is A Gold Standard Good Or Bad For the Middle Class?
Check out this very refreshing and well-written article from Forbes, wherein the author makes a strong empirical, mathematical, and historical argument lauding the advantages of the gold standard – specifically, how it benefits the middle and working classes.
Is A Gold Standard Good Or Bad For The Middle Class? – Forbes.

From the soon-to-be-critical-to-survival dept.
Here’s a particularly infuriating selection from the Eureka Police Department’s press release concerning the acquisition of a $700,000 – yes, $0.7 million – armored vehicle to “be made available for use during critical incidents”:
The original cost of this vehicle to the federal government was in excess of $700,000.00, however, the only cost to the Police Department was the shipping cost from Washington State to Eureka.
The procurement of this life saving vehicle could not have been possible except through the Defense Reutilization Program which provides equipment and supplies of every nature to state and local public safety agencies at no cost.
“No cost”? Seriously? The $700,000 was financed either by federal taxpayers, or debt, which is subsequently robbing the savings of Americans via inflation. Just because it was paid for by a large swath of people across a large area – with a minuscule local incidence – does not make it “free”.
More importantly, however, we citizens need to be mentally indexing these vehicles in preparation for the Zombie Apocalypse.
Meet the EPD’s New ‘All Wheel Drive Ballistic Resistant Vehicle’

Silk Road Shutdown
How the Silk Road Shutdown Makes Everyone Less Safe
An interesting look at why the DOJ’s shutdown of the Silk Road narcotics exchange community on the deep web actually puts the average American in greater danger than during its operation.
The good news is that if Napster is any historical precedent, the drug-equivalents of KaZaA, iMesh, and others will arrive shortly.
Learn how to surf the “deep web” here: http://websearch.about.com/od/invisibleweb/a/ultimate-guide-deep-web.htm