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.

Friday, April 27, 2012

Honesty Is The Best Policy

According to reports, Jay Carney, the President's silver-tongued Press Secretary, said: "I never lie."

What an opportunity for the nation's media! A chance to question a 100%, guaranteed, truth-telling Washington parasite on some very significant issues. Like...

Are the Social Security and Medicare Trust Funds assets or liabilities of the US Treasury? In other words, are the Trust Fund bonds real, stored up value, or merely worthless pieces of paper, liens on future parasitic taxes, borrowing and money supply increases?

Did Christy L. Romero, the special inspector general for the TARP bailout program, recently write the following?
After 3½ years, the Troubled Asset Relief Program (“TARP”) continues to be an active and significant part of the Government’s response to the financial crisis. It is a widely held misconception that TARP will make a profit. The most recent cost estimate for TARP is a loss of $60 billion. Taxpayers are still owed $118.5 billion (including $14 billion written off or otherwise lost).
Mr. Carney, in the interests of the truth, please keep your answers short and to the point.

h/t Michael, theCL Report (The New World Order’s Money Scam)

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