Use access key #2 to skip to page content.

oldfashionedway (34.86)

January 2012



Spending Our Way to Prosperity

January 15, 2012 – Comments (0) | RELATED TICKERS: D , E , BT

John T. Flynn, an outspoken critic of the Roosevelt administration, suggested that the economic theory at the heart of the "New Deal" wasn't really new.  Almost seventy years later,  As We [ Continue ] Marching, it is unfortunate where the "lines of least resistance" have taken our country.  [more]



40,000 new laws?

January 04, 2012 – Comments (3) | RELATED TICKERS: GU.DL , IL , TY

"Did you really think that we want those laws to be observed?" said Dr. Ferris. "We want them broken. You'd better get it straight that it's not a bunch of boy scouts you're up against—then you'll know that this is not the age for beautiful gestures. We're after power and we mean it. You fellows were pikers, but we know the real trick, and you'd better get wise to it. There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What's there in that for anyone? But just pass the kind of laws that can neither be enforced nor objectively interpreted—and you create a nation of law-breakers—and then you cash in on guilt. Now that's the system, Mr Rearden, that's the game, and once you understand it, you'll be much easier to deal with."  [more]

Featured Broker Partners