About This Blog

Ludwig von Mises (1881-1973) was the greatest economist of my time. His greatest works can be accessed here at no charge.

Mises believed that property, freedom and peace are and should be the hallmarks of a satisfying and prosperous society. I agree. Mises proved beyond a shadow of a doubt that the prospect for general and individual prosperity is maximized, indeed, is only possible, if the principle of private property reigns supreme. What's yours is yours. What's mine is mine. When the line between yours and mine is smudged, the door to conflict opens. Without freedom (individual liberty of action) the principle of private property is neutered and the free market, which is the child of property and freedom and the mother of prosperity and satisfaction, cannot exist. Peace is the goal of a prosperous and satisfying society of free individuals, not peace which is purchased by submission to the enemies of property and freedom, but peace which results from the unyielding defense of these principles against all who challenge them.

In this blog I measure American society against the metrics of property, freedom and peace.

Thursday, October 6, 2011

On The Mob Occupying Wall Street

"Vladimir Putin's years in power have been marked by a series of terrorist acts that have given him the latitude to acquire ever-tighter control over Russia, all in the name of security and stability."   http://www.washingtonpost.com/wp-dyn/content/article/2011/01/24/AR2011012406387.html

Re: Race riots which took place in Milwaukee, Wisconsin, 1967...
"According to documents which were press releases by Mayor Henry Maier, the following occurred:  at about    2:30 AM on July 31, Mayor Maier, at the request of Police Chief   Breier, requested Governor Warren Knowles to call out the Wisconsin National Guard to stop the rioters and help regain control of the city. From July 31 to August 1, no citizens living in the City of Milwaukee were allowed to leave their homes.  On August 2,  the curfew was revised to cover only the hours between 7:00 PM to 5:30 AM.  The state of emergency lasted for a total of ten days."  

I experienced race riots in 1967. When buildings begin to burn and people are shot in the streets, terrified ordinary citizens become meek and subservient subjects. They not only expect the state to protect them; they beg for the imposition of martial law and the restoration of order.

The arrogant don't give up power easily. When the handwriting is on the wall, when the most progressive administration in American history finally realizes it is about to be cast into the dustbin of history by an angry hoard of barbaric, Tea Party voters, how will this nouveau Washington elite react? What will they do? What can they do if they want desparately to preserve what fate placed in their hands only a few short years ago?

When events assume a life of their own, the unthinkable can suddenly become real.

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