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Capitalism, the Superior Societal System


“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.”
– Adam Smith (1723-1790) Scottish moral philosopher and a pioneering
political economist.

Self interest, what some may call “greed”; wrongly, is a good thing.

Put simply, capitalism, is as natural to humans as breathing. In the first moments of the dawn of mankind capitalism was present. Everyone who has ever lived, has participated in free market economics. This includes, the communist, marxist, socialist and every other follower of a political philosophy that has existed. The self-interest of an individual is the foundation of ‘economy’. This self-interest is a force on both sides of the market. Someone has a need for a good or service, and someone else has the good or service to provide. It really is as simple as that.

When someone performs labor, they have transferred a part of themselves into that which they have done. The task has become intertwined with their very soul. Same with someone who creates a product, that endeavour also is a part of them. This, I believe is the inherent reason that wherever and whenever socialism or communism is experimented with, it always fails. It is because the economic system of socialism punishes the producer and rewards the mooch. It steals the very soul of man. When a person lays their hand to the plow, they do it to better their socio-economic status, not for their health. They do it for their family. This is why the recent remarks made by President Obama about small business owner’s hit such a sour note. “If you have a business, you didn’t build that, someone else made that happen.” The election that we happen upon will be a decision solely won or lost on who we think will do a better job of pulling the American economy out of the ditch. Capitalism vs. socialism. The difference’s, couldn’t be further apart. Our politicians are attempting to mix the two, and have. However, I suggest they are not compatible with one another. One steals from one party, and distributes the stolen money to those without the morality to know that they should refuse to take the money. One, lets the party who earned the money to keep the fruits of their labor, and spend it accordingly to their will. They do not mix as philosophies.

Like all other things, capitalism doesn’t fare well when mixed with immorality. Here is the issue that befalls us currently. The enemies of capitalism use instances of Immorality to attack it. What they fail to do is separate free market capitalism and the immoral act. An excellent example of this is the issue a few years back when it was found that Bernie Madoff swindled many out of billions of dollars as an investor. Communists point out “look that man stole a ton of money from innocent people, capitalism is terrible!” You see, capitalism doesn’t breed theft, or a skewed view of greed, or what the Holy Bible calls covetousness, (the act of wanting after the things that others possess). The act of theft is a fallen, human condition, it develops in the heart before it is acted upon. Capitalism serves those in need of goods or services, it doesn’t steal from anyone. Another argument against capitalism is “look, the housing market collapsed, or the Dow Jones fell 300 points, capitalism sucks!” The flaw of that argument is this, free market capitalism has not been practiced in our nation for better than a hundred years. There are a set of structures built into an economy, a set of laws. Just like physics, an economy is bound by its laws. If a body is at rest, it will tend to stay at rest until something moves it. If a body is in motion, it will tend to stay in motion until something stops it. Equally, if a force outside the market attempts to control it or manipulate it in any way, it has an effect. The effect can be either positive or negative, however, there is an effect. An example of this would be the housing bubble. When congress decided to set new loan rules for housing by demanding banks lower their standards on lending, the market was affected. What ensued from that decision is now remembered as the housing crash of ’08. A lot of finger-pointing came from that market crash. Many blamed the banks, many blamed the people who couldn’t afford the home, however few blamed the real culprit, the set of loan rules that caused the bank to make bad loans in the first place. Pure, free market capitalism doesn’t recommend loaning monies to people who can’t repay. The housing crash has been used to attack capitalism. When the market fell, Americans should have marched on Washington D.C. and demanded that congress pass legislation to remedy loose loan rules pushed upon the banks by the government.

That brings us to GSE’s. The Government Sponsored Entities are those businesses like Fanny Mae, and Freddie Mac. Actually, there are a lot of these. Many would agree that the federal government should not be in  the business of owning businesses. Owning a business is not one of the seventeen enumerated powers of the government laid out in the U.S. Constitution. However, the government, through influence and regulation, own or run a plethora of companies. General Motors, Chrysler Corp., Floodinsurance.gov, banks, investment firms, insurance companies, now with Obamacare the government absorbed 1/6th of the U.S. economy, this is a short list, there are many more. A state regulated and controlled market is not free market capitalism, it is state capitalism like China operates. With the latest comments that Obama has made about expanding the auto bailouts to other industries, Americans should be extremely concerned about our direction as a nation. He is espousing marxist theory on the campaign trail, and the sad part is not many Americans know it when they hear it. On the other hand, if George W. Bush would have campaigned in ’04 and told the American people that he was shutting down and selling off GSE’s to private buyers, or “worse” yet, private equity firms, the press would have had a seizure! They would have said that the nation was being transformed for the worse. But, when our nation is being strangled by Venezuelan style business models, (nationalizing industry) the press is silent. That is criminal!

To me, the results of the Founders’ exceptional vision can be summed up in one sentence: Throughout human history, the American Idea has done more to help the poor than any other economic system ever designed. – Paul Ryan (R) Wis.

Capitalism has, as Paul Ryan puts it, “done more for the poor than any other system”. The man is right. In the history of the world, capitalism has brought the over all living standard higher than ever before, not just in our own country, but in all countries. It has brought new innovations to the market place like electricity transmission, light bulbs, the automobile, the train, the airplane, oil production, the space shuttle and the personal computer. If you see it, there is a great chance that capitalism brought it to life either through direct or indirect funding.

As long as people exist, free market capitalism will exist. As long as people exist, the threat of someone trying to squash capitalism will exist.  Although, It is our inheritance from our founders, economic freedom.

Some just want to live their lives, and some just want to run the lives of others.

It is the battle cry of small government patriots, we need a free market, right away!

Robert E. Stage Jr.

 

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Repealing Obamacare Is Not Enough


A recent step in the right direction happened on July the 11th. The house of representatives voted for a full repeal of Obamacare, 244 yeas to 185 nays. Of course the liberal media cried foul, they thought even taking a vote on repealing Obamacare was a giant waste of taxpayer money. Bob Schieffer, of CBS’ Face the Nation, lamented how the house was wasting so much money on a repeal vote. This concern he showed is interesting, because the house has been sending legislation to the senate since the Tea Party takeover of the house in 2010. So far, there has not even been so much as a preliminary vote in committee on any of those bills, however I haven’t seen or heard any news coverage of the senate doing nothing, or wasting taxpayer money. There’s not been any lamenting or hand wringing of any sort over a do nothing senate.

While voting to repeal Obamacare is a commendable and noble thing to do, this is merely not enough. In our hyped up election season, conservatives have forgotten the additional fights that have been picked with the U.S. Constitution. We are predisposed to conversing about who’s going to be Romney’s Veep choice, or which poll has Obama and Romney in a dead heat, all the while, there are some bills that slid through Congress that should have never been voted out of committee. Some of them were slid through even with the conservative takeover of the house, which should be alarming to a great many Americans. One of the laws stretches all the way back to the months after 9/11, and was signed by a Republican President.

Chronologically, alongside Obamacare, the NDAA act, the Dodd-Frank act, and the USA Patriot act should be on the chopping block also. The NDAA act is so egregious in its powers, it is almost self-explanatory why it should be repealed. If you read conservative or libertarian news sites, you could probably name off four or five unconstitutional provisions from it, but for the sake of those who may be seeing this for the first time, I would like to point them out again. Not in the 236 year history of our country has the armed forces been allowed to apprehend, and arrest American citizens, under the NDAA act this is possible. You can also be held or interned, without charge, indefinitely, which subverts habeas corpus. You also do not have a right to a fair and speedy trial. All these constitutionally protected citizen rights are thrown out the window with this one piece of legislation. Congress, repeal it!

I want to share a quote with you concerning the Dodd-Frank Act. In a recent article written for Townhall.com in honor of the birth of our nation, Hillsdale College President, Dr. Larry Arnn said concerning freedom and how the government is now acting:

Moreover, it [Federal Government] governs increasingly without authority from the branches that are elected by the people. The new Dodd- Frank finance law creates something called a Consumer Financial Protection Bureau. This agency does not get its budget from Congress. Rather, its money comes from a guaranteed percentage of the budget of the Federal Reserve, which gets its money from its operations as a bank. Congress is even specifically forbidden in the law to hold hearings into the budget of the new CPFB. And it has wide examining power over every form of consumer finance in the nation. In unfettered scope of authority, and in near perfect separation from popular control, it is different from anything before it in America.

In other words, the congress passed, and the president signed another unconstitutional act. Here’s a little quick history on the Federal Reserve, it’s a corporation with no congressional oversight and it rules our entire economy. Not only that, it was conceived “supposedly” to stop financial bubbles that hurt our economy, at least that is one way it was “sold” to the American people. (Has that worked? No.) Now, the congress has passed what amounts to 311 million miniature Federal Reserves (or Fed Reserve II I call it.). Under this act, the Federal Government has the authority to monitor your personal credit card and bank statements, all under the false pretense of protecting you, the consumer from the big bad banks and business’. Here is some irony for you, this act was “written” by Chris Dodd, and Barney Frank, both of whom had a direct role in the housing bubble that caused the current economic malaise we still suffer from. You also might remember that Obama named former Ohio Attorney General, Richard Cordray to lead this new Consumer Protection Bureau. Obama appointed him by fiat while congress was still in session, without a confirmation by the senate, which is unconstitutional. This guts the constitution’s 4th amendment. Congress, repeal it!

Now the grandaddy of all unconstitutional acts The USA Patriot Act. This act you will remember, was an absolute “necessity” shortly after September 11th. We had to find a way to stop terrorists from gaining a foothold inside our borders again. You may agree, you may not, but 9/11 could have been stopped years before it happened. All we had to do was act on information we were told publicly by Osama Bin Laden in 1999. We were attacked at the World Trade center in 1993 under Clinton. We knew already that radical Islamists wanted to strike us. If our intelligence agencies and other “alphabet soup departments” (ie. NSA, CIA, FBI, ATF) had shared info with one another, we could have stopped the terrorists. Therefore, we could have continued without a Dept. of Homeland Security, A Dept. of Transportation Safety Administration, (who will soon be at all transportation depots, ie. bus stations, and train stations). These Government Departments need dismantled. Congress, repeal it!

There is only one way out of our current situations concerning the manifold attacks on our constitution, we must go to the polls November 6th and vote for more conservative, libertarian, and limited government men and women to represent us. Men and women like Rand Paul, Allen West, Marco Rubio, Mike Lee, Jason Chaffetz, Jim Demint, Nikki Haley, Jan Brewer, Michelle Bachman and many more.

Conservatives, Libertarians, Patriots All – Remember, Remember the 6th of November.

Robert E. Stage Jr.

 

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Obamacare’s First Kiss of Death


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In my home state, the political jockeying has been intense already this election cycle. Ohio, is of course very important to the presidential elections because of our swing state status.

Recently both candidates have been criss-crossing Ohio to grab up the all so coveted independent vote. As important as this election is, I don’t know how anyone can be “independent”. This is the most polarized I have ever seen our political climate. I think most people have already made their mind up.

Obama stopped in to Ann’s Place a diner in west Akron yesterday around 8:30 a.m. to have a little breakfast. (His second of the day) I wonder if Michelle knows? Just a few hours after hugging Obama, Josephine “Ann” Harris the restaurant owner was in her home and began complaining of a tingling feeling and that she did not feel well. She was taken to the hospital where she was pronounced dead. She had suffered a full cardiac arrest in the ambulance on the way to the hospital, and could not be revived.

I in know way mean to make light of the passing of Ann Harris. However, I would like to point out some simularities between this incident and other’s that the nation faces.

Since Obama has successfully sucked the life out of the nation and the economy, is it possible when he hugged this poor woman he sucked the life outta her also? Of course I’m being satirical, but I think this may be an omen. Obamacare is certainly the grim reaper to our nation. Yes, Obamacare = Kiss of Death. How bad does this look in this election season? The president shows up, hugs a business owner, and she dies? ! Holy Cow! Damn the luck!

Remember America, Obamacare = Kiss of Death!

Robert E. Stage Jr.

 

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Louisiana Secedes from Obamacare


The following are a series of Tweets from LA Gov.
Bobby Jindal
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Gov. Bobby Jindal

Follow

@BobbyJindal

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Florida Secedes from Obamacare


Cross posted from NBCMiami.com

Gov. Scott: Fla. Won’t Comply with Health Law GARY FINEOUT 07/01/2012 4:26 PM
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Florida Gov. Rick Scott now says Florida will do nothing to comply with President Barack Obama’s health care overhaul and will not expand its Medicaid program.

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A Memo to the President, Congress and the Supreme Court


I think it necessary and proper to offer a remedial course concerning how laws are passed in our Republic. This memo is addressed to our Federal government at large. I believe all Presidential candidates, Senatorial candidates, House of Representative candidates, and Supreme Court Justices should be required to attend a 6 month course on how a bill becomes a law.
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Thomas Dissents: It’s All Unconstitutional


This is a great article, take a quick read of it. The dissent of Justice Clarence Thomas is of great importance to our Republic.

Cross posted from Redstate.com

Thomas Dissents: It’s All Unconstitutional

29 Jun 2012 11:30 AM

Oh, how far we’ve deviated from our Founders in just over 200 years.

The entire country is pouring over an incoherent, internally contradictory, ill-conceived and politically motivated decision by Chief Justice Roberts, which grants Congress the power to regulate anything that moves and the power to tax anything that moves and anything that doesn’t move. Yet, many conservatives are running around cheering this as a dictum of enumerated powers and limited government. Wow – James Madison must be rolling over in his grave.

If we take the reasoning of Roberts to its logical conclusion, Congress would be able to coerce individuals to buy broccoli once a week, so long as they levy a tax on those who fail to comply with the law. Putting aside the facial absurdity of Roberts’s tax power jurisprudence, his opinion on the Commerce Clause is nothing to cheer. While Roberts clearly stated that the Commerce Clause does not grant the federal government the right to regulate inactivity (although it can evidently tax inactivity), he obliquely upheld their authority to regulate any activity under that misconstrued clause.

Amidst the garrulous analysis from the conservative pundit class on the Roberts decision, there is a one-page dissent from Justice Thomas (in addition to his joint dissent with the other 3 conservatives) that has been overlooked. The joint dissent with Scalia, Alito, and Kennedy focuses primarily on taking down Roberts’s tax powers jurisprudence and Ginsburg’s opinion on the unlimited power of the Commerce Clause. Thomas felt there was a need to add one point. Not only was Roberts way off the reservation by rewriting this law as a tax and concurrently expanding the tax power of Congress, he was also wrong about the Commerce Clause.

Take a look at this paragraph from Thomas’s dissent (last two-pages of pdf):

I dissent for the reasons stated in our joint opinion, but I write separately to say a word about the Commerce Clause. The joint dissent and THE CHIEF JUSTICE correctly apply our precedents to conclude that the Individual Mandate is beyond the power granted to Congress un-der the Commerce Clause and the Necessary and Proper Clause. Under those precedents, Congress may regulate“economic activity [that] substantially affects interstate commerce.” United States v. Lopez, 514 U. S. 549, 560 (1995). I adhere to my view that “the very notion of a ‘substantial effects’ test under the Commerce Clause is inconsistent with the original understanding of Congress’ powers and with this Court’s early Commerce Clause cases.” United States v. Morrison, 529 U. S. 598, 627 (2000) (THOMAS, J., concurring); see also Lopez, supra, at 584–602 (THOMAS, J., concurring); Gonzales v. Raich, 545

U. S. 1, 67–69 (2005) (THOMAS, J., dissenting). As I have explained, the Court’s continued use of that test “has encouraged the Federal Government to persist in its view that the Commerce Clause has virtually no limits.” Morrison, supra, at 627. The Government’s unprecedented claim in this suit that it may regulate not only economic activity but also inactivity that substantially affects interstate commerce is a case in point.

Justice Thomas is hearkening back to the Founders. Not only is every word of Obamacare unconstitutional and an anathema to every tenet of our founding, most of the other programs created in recent years are as well. The fact that Roberts said the Commerce Clause and the Necessary and Proper Clause don’t apply to inactivity is not a victory for constitutional conservatives. The implicit notion that the federal government can regulate any activity is appalling to conservatives.

Here’s what James Madison had to say about the Commerce Clause in a letter to Joseph C. Cabell in 1829:

For a like reason, I made no reference to the “power to regulate commerce among the several States.” I always foresaw that difficulties might be started in relation to that power which could not be fully explained without recurring to views of it, which, however just, might give birth to specious though unsound objections. Being in the same terms with the power over foreign commerce, the same extent, if taken literally, would belong to it. Yet it is very certain that it grew out of the abuse of the power by the importing States in taxing the non-importing, and was intended as a negative and preventive provision against injustice among the States themselves, rather than as a power to be used for the positive purposes of the General Government, in which alone, however, the remedial power could be lodged.

Madison is bemoaning the expansion and misconstruing of the Commerce Clause circa 1829! One can only imagine what he would say about our entire domestic policy in 2012. The Commerce Clause was never meant to be used as a tool to grow the federal government. Quite the contrary, it was designed as a safeguard against the abuse among the states. Anyone with a shred of intellectual honesty knows that the federal government was never vested with the power to regulate or tax virtually every activity of the individual.

Some Republicans are going around declaring that “although the law is constitutional, it is terrible policy.” That’s dead wrong. It’s not constitutional at all. We just lack any recourse to challenge the law on constitutional grounds at this point.

The reality is that not only is Obamacare unconstitutional, almost every discretionary department, welfare program, and entitlement program is unconstitutional. Obviously, we cannot repeal each one overnight and must deal with them prudently, but we must not buy into the notion that the prevailing view of federal power over the past 80 years is sacrosanct. It’s not. We get our rights from God, not from the government, and not even from the Constitution. The Constitution grants the federal government a few enumerated powers. We must not let the views of one unprincipled man in a black robe – or even decades’ worth of misguided court decisions – abrogate our founding documents.

James Madison would be proud of Clarence Thomas.

Cross-posted from The Madison Project

 

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