Progressive

How Gold Could Save America from Nazi Theory

Keynesian economics is the root of economic problems for most countries around the world today. So it’s important to understand both what Keynesian economics stands for and what the opposing brand of economic thinking called Classical economics maintains. In a nutshell… Classical Economics: Keynesian Economics: Thrift, hard work, and productivity are virtues. The classical gold standard restrains the state from inflating and provides a stable monetary environment in which the economy can flourish. Government should strive for balanced budgets and fiscal responsibility. The state should adopt a general policy of laissez-faire of non-interventionism in economic affairs: low taxes, free trade, and minimal bureaucracy. Production is more important than consumption. Say’s Law: Supply is more important than demand since supply of one good creates the demand for another. An increase in savings can contract income and reduce economic growth. Consumption is more important than production, thus turning Say’s Law upside down. There is no need for a gold standard; fiat currency is preferable. Demand is more important than supply. Teaches that governments and politicians can be trusted. It’s no wonder politicians love Keynesian economics over Classical economics. To control the economy, most governments around the world have been using Keynesian economics for the past 75 years. It is the only economic thought that is taught in the schools and universities. “They” want us to believe they are wise and intelligent souls who know what is best for us. But nothing could be further from the truth throughout most of economic history… Read this quote from Adolf Hitler, who openly embraced Keynesian ideas: Gold is not necessary. I have no interest in gold. We will build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration camp. That’s the bastion of money. The Nazis’ economic success when Hitler first came into power was a result of Hitler cooking the books. The rest of his time in power goes down in history as one of the worst atrocities in the history of mankind. Only two other twisted power-seeking devils in the annals of time are responsible for the killing of more people than Hitler &mdash…

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Spree Killers, the Second Amendment, and Those Damned Guns

Filed in BP, deflation, Gold, Lear, o, obama, Progressive, silver, Spot Gold, target, Uncategorized by on January 15, 2011 0 Comments
Spree Killers, the Second Amendment, and Those Damned Guns

Looks like the First Amendment is safe for now…sorta… The Second, however, is in the hot seat again. Everyone is cottoning onto the fact that Jared Loughner was just a nut. Political affiliation is questionable or just plain negligible. It’s getting too hard to blame the limited government and anti-government rhetoric. Even Obama rose above political divisiveness on this one. So now that free speech is no longer being blamed, it’s time to turn our attention back to those damned guns. Loughner would very likely have ended up attacking people no matter which books he had read. The man had already made his psychotic break from morality… But if only guns weren’t available, comes the cry! Then these psychopaths couldn’t do as much harm as they do… A reader sent this: “Gary, “You write, “‘Gun-ownership supporters are getting the usual flack.’ “And so they should. “The time is ripe for the repeal of the Second Amendment. “In Australia 10 years or so ago, we had a psycho gun down a dozen people with an automatic rifle. “The government brought in sweeping powers to reduce the number of guns and make access to guns extremely difficult. “We’re a safer community because of it. Lunatics can’t get access to any gun, let alone the Arnie type. “The guns any of the people who were killed or injured the other day were not sufficient to protect them. They never were. “We didn’t need the guns in the days of the Wild West. It just encouraged thugs, criminals, and lunatics on horses to run amok. Hollywood’s glamorization of the Wild West has jaundiced our view of this mayhem. “We don’t need them now. It still just encourages thugs, criminals and lunatics to run amok killing and injuring innocent people. “Do you carry a gun?” Not right now. But I do have access to cars and knives… Consider Japan, where no one has a gun, yet insane people occasionally kill several strangers en masse with a simple kitchen knife…or with the combination of a vehicle and a dagger. In 2001 in Ikeda, Japan, eight children were killed and 15 people injured in Japan’s worst school tragedy when a middle-aged man with a history of mental illness went on a stabbing rampage at an elementary…

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Puritanism, Paternalism, and Power

Filed in BP, deflation, euro, lead, o, Progressive, target, ubs, US Dollar by on January 10, 2011 0 Comments

“Live and let live” would appear to be a simple, sensible guide to social life, but obviously many Americans reject this creed with a vengeance. They find toleration so unpleasant that they support the imprisonment of hundreds of thousands of individuals whose personal behavior they regard as offensive. Why do so many Americans favor the use of coercive sanctions to enforce repression? Perhaps the answer lies in our history… Puritanism Politicians and other patriotic posturers like to declare that the Europeans came to America seeking freedom. The claim is at best a half-truth. In the colonial era, most Europeans arrived in North America bound in some form of indentured servitude, many of them children or convicts put out to work. Disregarding such servants, one finds that the free colonists sought mainly to improve their economic well-being. To be sure, some of them, including the early arrivals in Massachusetts, were fleeing religious oppression, but the Pilgrim Fathers had absolutely no intention of establishing a community in which individuals would be free to behave according to the dictates of their own consciences. The Puritans had already seen the light, and, by God, they intended to use all necessary means to ensure that everybody comply with Puritan standards. Far from free, their “City upon a Hill” was a hard-handed theocracy. For them, pleasure seemed the devil’s snare. Their vision of the good life was austere, and they looked askance on the possibility that others might embrace hedonism. In H.L. Mencken’s famous characterization, Puritanism was “the haunting fear that someone, somewhere, may be happy.” Moreover, if the Puritans suspected that someone might be having fun, they had no compunction about using government coercion…

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Progressive (NYSE:PGR) Ratings Affirmed by A.M. Best

Filed in A.M. Best, o, Progressive, silver by on December 29, 2010 0 Comments

Saying Progressive Corporation (NYSE:PGR) has a sustainable competitive advantage, strong capitalization and a solid operating performance, A.M. Best Co. affirmed several ratings at the company. A.M. Best Co. said they’ve affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of the Progressive Agency Pool, Progressive Direct Pool and Progressive

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