Saturday, October 11, 2008

The Aesthetic Capitalist's Anti-Bailout Kit

Since everyone, including our dazed-and-confused Commander-in-Chief, has a plan for ending the current government caused economic crisis, I thought I should put together my own plan.

1) Insitute a three month federal Holiday, effective for all federal employees, save for the ones in the military, military intelligence, federal courts, and federal prisons. This would be both a working holiday as well as a freeze on spending.

2) Send every taxpayer a collection of the following books:

Atlas Shrugged, Ayn Rand
Capitalism the Unknown Ideal, Ayn Rand
Money Can buy Happiness, Tara Smith
A treatise on Political Economy, John Baptiste Say

3) Have the following waiting on the desks of all D.C. politicians and Federal employees:

John Allison's and BB&T' "Rescue" Plan

Since the government will not be sending you my Anti-Bailout Kit, I recommend you browse over to and make the purchase yourself.

While waiting for your treasure of goodness, enlighment, and knowledge to arrive, I recommend another great post by Gus Van Horn

Friday, October 10, 2008

The Cause and Consequence of the Great Depression

While our politicians keep implementing and offering new programs that can do nothing but make our current crisis worse, a crisis that is 100% caused by government intervention, I recommend that every rational, intelligent, life-loving American purchase and listen to this lecture over and over and over again... until it finally sinks in:

The Cause and Consequence of the Great Depression, by Richard Salsman

The Great Depression (1930-1938) came on the heels of a U.S. stock market crash in 1929 and brought with it widespread bank failures, a 25 percent unemployment rate and widespread poverty. Both the market crash and the Depression were blamed on the alleged excesses of free-market capitalism. Investors were blamed for reckless speculation. Bankers were accused of fraud. If free markets failed, said economists and politicians at the time, then government intervention would "fix" the failure. A vast expansion of government ensued, including a more powerful Federal Reserve, the Social Security system and laws favoring labor unions. But the tragedy of the 1930s reflected a failure—not of capitalism—but of statism. In this lecture Mr. Salsman explains how government intervention caused the economic-financial debacle of the 1930s, and how a radical re-assessment of that period is a crucial element in any rehabilitation of capitalism in modern life.

While you are at it, buy a copy for a friend.

The Cause and Consequence of the Great Depression, by Richard Salsman

Wednesday, October 8, 2008


While looking for some goodness on line this evening, I followed a link to a fantastic article -- an article I have read several times over the years, but this is the first I have seen of it available on the internet for free:

Ayn Rand's Man's Rights

Here is a partuclarly timely excerpt:

The Democratic Party platform of 1960 summarizes the switch boldly and explicitly. It declares that a Democratic Administration “will reaffirm the economic bill of rights which Franklin Roosevelt wrote into our national conscience sixteen years ago.”

Bear clearly in mind the meaning of the concept of “rights” when you read the list which the platform offers:

“1. The right to a useful and remunerative job in the industries or shops or farms or mines of the nation.

“2. The right to earn enough to provide adequate food and clothing and recreation.

“3. The right of every farmer to raise and sell his products at a return which will give him and his family a decent living.

“4. The right of every businessman, large and small, to trade in an atmosphere of freedom from unfair competition and domination by monopolies at home and abroad.

“5. The right of every family to a decent home.

“6. The right to adequate medical care and the opportunity to achieve and enjoy good health.

“7. The right to adequate protection from the economic fears of old age, sickness, accidents and unemployment.

“8. The right to a good education.”

A single question added to each of the above eight clauses would make the issue clear: At whose expense?

Jobs, food, clothing, recreation(!), homes, medical care, education, etc., do not grow in nature. These are man-made values—goods and services produced by men. Who is to provide them?

If some men are entitled by right to the products of the work of others, it means that those others are deprived of rights and condemned to slave labor.

If only more people in our great country knew enough history to know this and thus to realize neither of our presidential candidates are offering us change. Instead both McCain and Obama are simply more of the same. The 30's, the 60's, the 70's...and the hits keeping coming!

Requesting Recommendations for Goodness

After getting into this whole blogging thing, I have been running a little empty on ideas for posts of late. Part of the reason is good. I recently accepted a new role at my company, which included more money, more authority, and more responsibility. All things I thrive on, but until I fully adjust, the new job is leaving me with little energy or time for writing. There have also been many negative reasons for lack of motivation: current political, economic and cultural deprivation to name them without having to dwell on the obvious specifics.

Today, however, I am in quite good spirits and am looking for some goodness to reward myself with and simply enjoy. The goodness can be artistic (movies, plays, books etc), comedic, or whatever else you think a selfish, greedy, intellectual capitalist would enjoy.

In return, I will share two of my own recent favorites:

1) The new season of House, M.D. is very good.

2) Rational Passion put me on to the following. Many, many laughs:

Jim Cramer on the Colbert Report

Ammendum 10/11/2008
Here is some goodness I happened upon today: Attitude Adjustment