Saturday, February 28, 2009

Waiting for something really substandard

The first part of this video is a bit of truth slipping on to the air from Ron Paul. The amusing bit is what happens when CNBC cuts back to the studio.



Monday, February 16, 2009

What if?

This has to be one of the greatest speeches ever made in the US Congress. What if we had a politician with a quarter the courage and honesty of this man in the UK? Yes this is Ron Paul again.

 



Saturday, February 14, 2009

Austrian Economics?

This is a great talk from Murray Rothbard about the history of the Austrian school of economics. It covers a huge field in less than one hour and is a really good introduction to the subject. You can find out a lot more by going to mises.org.

 



Where we're headed

This is a graphic ilustration of the current US inflation machine. We have one here too maybe not as big but just as damaging as we have a smaller economic base. This should be food for thought to those who think that generating money with a printing press to pay for pork works better than production or real needed and wanted goods and services.

The most important point about this isn't how bad it is going to get which is plenty, but what the solution is. Notice what happens when money isn't tied to a valuable commodity. Hat tip to G. Edward Griffin.

Friday, February 13, 2009

Record levels of CO2 unable to stop record cold!

The title is one I wish I'd thought of myself. I'm unable to give credit as I don't know where it came from originally. I got it from a post on LewRockwell.com which I link to here. Here is a nice picture of the recent snow in London to go with it.

snowy london

Tuesday, February 10, 2009

Which quote is more deserving?

Wow not only do you get two posts in a few minutes but they both fall into the illuminating category of "Hmmm". There's value for you.

Today I listened to a few minutes of BBC Radio 4. There were two items with quotes I shall have to paraphrase as it was some hours ago.

First there was a report about how the Afghan people are not warming to their new government. A man was interviewed who said something like, "I sell potatoes and make 6 (units of currency) per day. I have to bribe the police with one which only leaves me with 5 and I can't afford to do this. The authorities should do something about it." The presenter or reporter completely failed to see any irony in the statement.

Then just a minute or so later a similar statement where the irony was missed was made by our great leader Gordon Brown who said in reference to the idea of his "rescued" banks paying high bonuses to their staff something along the lines that "failures should not be rewarded". Obviously this kind of principle doesn't apply to serving Prime Ministers.



Should this get Jeremy Clarkson fired?

I hadn't seen this until a few minutes ago. He does call Gordon Brown an idiot and a one eyed Scotsman which is what all the fuss is about. But what is much more interesting is that he says in reference to Brown "... we know he's lying". It seems none of the idiots who complained about him being called a Scottish itdiot had the balls to challenge Jeremy on that one.