Tag Archives: economy

The Genius Of Milton Friedman

Today marks the 101st birthday of Nobel Prize-winning conservative economist Milton Friedman.  Remember him?  He is the conservative economist that rescued the U.S. economy from President Carter’s stagflation [i.e. rising inflation and unemployment] and gave us Reagan’s recovery miracle.  He led the to disassemble the central planning nightmare that progressives and bureaucrats had inflicted upon this nation.  Many on Wall Street and in the business world believe he is the man who saved capitalism and therefore America.

Here are a few of his observations and ideas on government that should be dusted off and tossed at the left daily:

  • “Governments never learn. Only people learn.”
  • “If you put the Federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.”
  • “Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.”
  • “I think the government solution to a problem is usually as bad as the problem and very often makes the problem worse.”
  • “One of the great mistakes is to judge policies and programs by their intentions rather than their results.”
  • “I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.”

And then there are his ideas on freedom:

  • “Concentrated power is not rendered harmless by the good intentions of those who create it.”
  • “Every friend of freedom… must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence.”
  • “A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.”
  • “Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery.”
  • “Life is unfair.”

Milton Friedman on freedom

The progressive left has made an idol of big governance.  They have infiltrated all levels of government and they control the indoctrination of our children.  When they toss the ideas and ideals of great men like Friedman into the dustbin, they add more links to the chains that bind our once-great nation in poverty, stagnation, and ignorance.

Lost and Found – July 31st Edition

What to remember about July 31st…

  • 1777  Continental Congress commissions Marquis de Lafayette as an unpaid Major General in the Continental Army
  • 1875  Former 17th President of the United States Andrew Johnson dies in Tennessee of a suspected stroke (b. 1808)
  • 1912  American economist and Nobel laureate Milton Friedman is born in Brooklyn, New York, the man that saved America from Jimmy Carter’s stagflation and saved capitalism
  • 1941  Herman Goering sends order to Heydrich to create a plan for the “final solution of the Jewish situation”; Holocaust planning begins
  • 1965  English author J.K. Rowling is born; creator of the Harry Potter books series
  • 1971  Astronauts from Apollo 15 take first ride aboard the Lunar Rover on the surface of the Moon
  • 2007  Operation Banner, the British occupation of Northern Ireland, ends after 38 years

milton friedman

Lost and Found – July 15th Edition

What to remember about July 15th…

  • 1783 The first successful steamboat Pyroscaphe sails in France on the River Saône; built by Claude-François-Dorothée de Jouffroy
  • 1799  The Rosetta Stone is found in an Egyptian village during Napoleon’s Egyptian Campaign; allows translation of hieroglyphics
  • 1862  Confederate ironclad CSS Arkansas attacks Admiral Farragut’s Union fleet damaging more than a dozen vessels
  • 1870  Georgia is readmitted to the Union; it is that last state to rejoin after the end of the Civil War
  • 1933  American Wiley Post begins first solo flight around the world
  • 1964  Barry Goldwater nominated for President by Republican Party
  • 1975  In simultaneous launches, Apollo 18 and Soyuz 19 are launched to begin joint Apollo-Soyuz Test Project
  • 1979  President Jimmy Carter gives speech on television about our national “crisis of confidence”; misquoted as the “malaise” speech
  • 1988  Movie “Die Hard” opens; actor Bruce Willis rises to stardom
  • 2002  “American Taliban” John Walker Lindh accepts plea bargain of 20-years; he was captured fighting for the Afghan Taliban

 

Lost and Found – December 27th Edition

What to remember about December 27th…

  • 1831  British naturalist Charles Darwin leaves England aboard HMS Beagle on surveying expedition of southern Atlantic and Pacific
  • 1836  American pioneer and “Father of Texas” Stephen Fuller Austin dies of pneumonia (b. 1793)
  • 1941  Rationing program begins in U.S. when federal Office of Price Administration mandates no driver can own more than five tires
  • 1944  FDR orders the National Guard to seize Montgomery Ward plants because of refusals to allow unionization
  • 1945  International Monetary Fund and World Bank are created; agreement to organize was signed in July at the Breton Woods Conference
  • 1968  Crew of Apollo 8 splashes down safely after becoming 1st humans to orbit the Moon
  • 1979  Soviets begin to send an additional 75,000 troops to Afghanistan in 10-year bid to support puppet communist regime
  • 2002  Raëlian bishop and Clonaid CEO Brigitte Boisselier announces 1st human reproductive cloning success with birth of baby Eve; scientists sceptical and no proof ever supplied
  • 2012  General H. Norman Schwarzkopf dies in Tampa, FL. (b. 1934); led coalition forces to victory during Gulf War in 1991

wwii rationing poster

Lost and Found – October 24th Edition

What to remember about October 24th…

  • 1861  Western Union completes 1st transcontinental telegraph line
  • 1901  Annie Edson Taylor becomes the first person to survive a trip over Niagara Falls in a barrel; it is her 63rd birthday
  • 1929  “Black Thursday” begins a  stock market crash that starts the 12-year Great Depression
  • 1944  American Navy sinks Japanese aircraft carrier and battleship at the Battle of Leyte Gulf
  • 1945  United Nations is formally established with the ratification of the United Nations Charter
  • 1949  Cornerstone of the United Nations Headquarters in New York is lain; construction financed by $65 million loan from U.S.
  • 1951  President Truman proclaims that the war with Germany is officially over
  • 1992  Toronto Blue Jays become 1st team outside of the United States to win Major League Baseball’s World Series
  • 2003  Supersonic Concorde passenger jet makes its last commercial flight
  • 2005  Civil rights activist Rosa Louise McCauley Parks dies at home in Detroit, Michigan (b. 1913)

Lost and Found – October 22nd Edition

What to remember about October 22nd…

  • 1734  American pioneer and explorer Daniel Boone in Berks County, Pennsylvania (d. 1820)
  • 1775  1st president of the Continental Congress Peyton Manning of Virginia dies in Philadelphia
  • 1797  André-Jacques Garnerin is the first person to make a parachute jump; he descends from a hot air balloon 3200 feet above Paris
  • 1907  A run on New York banks leads to financial crisis and a 50% decline in the New York Stock Exchange
  • 1957  1st American casualties of the Vietnam War; 13 injured in terrorist bombing in Saigon
  • 1962  President Kennedy addresses nation on television to announce a blockade of Cuba in response to the installation of nuclear weapons on the island by the Soviet Union
  • 1968  Apollo 7 mission splashes down as the 1st successful manned mission of the Apollo series
  • 1986  President Reagan signs the Tax Reform Act of 1986
  • 2008  India launches their 1st unmanned lunar mission

Lost and Found – October 19th Edition

What to remember about October 19th…

  • 1781  Formal British surrender at Yorktown; Cornwallis sends his second-in-command to surrender his sword
  • 1789  John Jay is sworn in as the 1st Chief Justice of the Supreme Court of the United States
  • 1864  Union forces avert disaster after surprise Confederate attack at Battle of Cedar Creek in Virginia
  • 1935  Fascist Italy invades Ethiopia; League of Nations votes for ineffective sanctions while hoping for peace
  • 1950  Chinese Peoples Liberation Army invades Tibet to capture city of Chamdo and annex the nation
  • 1965  Thousands of North Vietnamese troops attack Camp Plei Me; a dozen Green Berets and 400 Montagnards repel attacks for almost a week
  • 1982  Automaker John DeLorean is arrested in $24 million cocaine deal
  • 1983  Prime Minister of Grenada is assassinated in military coup; President Reagan will soon dispatch 6000 troops to liberate the island
  • 1987  Black Monday; stock market loses 22% in one day; largest percentage loss in history
  • 2005  Former Iraqi dictator Saddam Hussein goes on trial for crimes against humanity

Obama Shows Another Face

Today Vice President Joe Biden once more stepped in to try to negotiate some compromise between Democrats and Republicans in the ongoing budget and looming debt ceiling impasse. Meanwhile, the President of the United States hides from the public and his own words. What is truly disturbing is that no one seems concerned with the monumental lack of leadership from America’s 4th smartest president – Barrack Hussein Obama II.

Obama takes on the debt ceiling

Congressional Record of Barack Hussein Obama II

Oh No! They’re Going To Shut Down The Government!

With predictions of ruin and disaster coming from the left and the main-stream media, a possible government shutdown looms ahead.

So what?

govt shutdown

government shutdown fizzle

Governmwnt Shutdown People Would Revolt

Government Shutdown Results

 

Lost and Found – September 15th Edition

What to remember about September 15th…

  • 1779  French fleet blockading Savannah, Georgia captures 2 British frigates and 2 supply ships
  • 1794  James Madison marries Dolly Payne Todd
  • 1835  Naturalist Charles Darwin reaches the Galapagos Islands aboard the HMS Beagle
  • 1857  President William Howard Taft is born in Cincinnati, Ohio
  • 1862  Confederate General “Stonewall” Jackson captures Harpers Ferry, Virginia and 12,000 Union troops
  • 1916  Tanks are used in battle for the 1st time by Britain at the Battle of the Somme
  • 1935  Nuremberg Laws are passed in Germany; Jews are stripped of their civil rights; Nazis adopt the swastika for their flag
  • 1950  U.S. forces under General MacArthur  make surprise amphibious assault at Inchon and capture the city
  • 1981  Senate Judiciary Committee approves Sandra Day O’Connor to become the 1st female justice of the Supreme Court of the United States
  • 2008  158-year old financial firm Lehman Brothers files for Chapter 11 bankruptcy, largest bankruptcy filing in U.S. history

British Mark IV Tank