A Basic Economic Primer From W. Cleon Skousen

Recently I read a book title, ‘The 5,000 Year Leap, A Miracle That Changed The World’.

I am currently re-reading the same.

The book lays out principles of freedom and relates how those principles were used by our founders in the forming of this nation.

While reading this book and considering the America we live in today as well as considering the America we are becoming, it becomes clear as to just how far we are from what we were at our founding and how far we are from what our founders had intended.

The economic woes of this nation seem to worsen.

President Bush may well have been Herbert Hoover and Obama is poised to out FDR, FDR. The Democratic controlled senate can’t seem to dream up enough socialist programs to be funded by the bailout and the Republican minority are too weak to have any real influence as well as too un-conservative to have many decent ideas.

The tried and true seem to mean nothing to those who are sit in government. While I believe many are honestly believe they are working in the best interest of this nation, I believe others simply see an opportunity to remake this nation.

In my re-read of The 5,000 Year Leap I have just finished the 15th Principle and would like to share portions of it.

The 15th Principle is defined by the author, W. Cleon Skousen in this way;

The highest level of Prosperity occurs when there is a free market economy and a minimum of government regulations

Adam Smith wrote a book titled ‘The Wealth of Nations’ in 1776.

In this book Smith described a national economy based on natural law and a free market.

Smith had developed the doctrine of and formula for, free enterprise.

Skousen directs us to six points within that formula.

    1. Specialized production: let each person or corporation of persons do what they do best.
    2. Exchange of goods takes place in a free market environment without governmental interference in production, prices, or wages.
    3. The free market provides the needs of the people on the basis of supply and demand, with no government imposed monopolies.
    4. Prices are regulated by competition on the basis of supply and demand.
    5. Profits are looked upon as the means by which production of goods and services is made worthwhile.
    6. Competition is looked upon as the means by which quality is improved, quantity is increased, and prices are reduced.

Skousen then reminds us

Prosperity also depends on a climate of wholesome stimulation protected by law.

He lays out four laws “which a nation must maintain if it’s people are to prosper at the maximum level”. Those four laws are;

    1. The freedom to try
    2. The freedom to buy
    3. The freedom to sell
    4. The freedom to fail

We are and have been in (since at the very least the 1930’s) an age that Skousen notes both the founding fathers and Adam Smith would agree is “the greatest threat to economic prosperity”.

That is

the arbitrary intervention of the government into the economic affairs of private business and the buying public

The economy is not by any means our nations only problem.

We are in fact a socialist nation, we are becoming more so with each passing administration it seems. During my lifetime the only sign I saw that America was willing to put up at least a small fight against this was when Ronald Reagan was elected to two terms as president.

Ronald Reagan at least pointed us back in the proper direction. Foolishly we elected GHB to replace Mr. Reagan. GHB slowly turned the train back toward socialism. The train began to pick up speed under Clinton, GWB stoked the fires of that steam engine train even more and president Barack Obama has off loaded us from that old train and thrown us on a bullet train.

We are going to jump the track, it’s just a matter of when.

As much as I’d like to sit here and blame FDR, Bush, or Obama, I can’t.

The fault is ours and only we can make things right again.

The 12th president of The United States of America, James Garfield seemed to have foreseen trouble and gave us warning.

Now more than ever before, the people are responsible for the character of their Congress. If that body be ignorant, reckless and corrupt, it is because the people tolerate ignorance, recklessness and corruption. If it be intelligent, brave and pure, it is because the people demand these high qualities to represent them in the national legislature … If the next centennial does not find us a great nation…it will be because those who represent the enterprise, the culture, and the morality of the nation do not aid in controlling the political forces.

We have and continue to tolerate ignorance, recklessness and corruption. In fact we are currently encouraging at the very least recklessness when it comes to our nations economy.

We have gotten what we have demanded of our leaders.

I think there is still time to change course, but we better be damned quick about it.

If you have not read The 5,000 Year Leap please go to www.nccs.net purchase it, share it with your children, family and friends. It is very likely that it contains a history you did not know and did not understand.

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The Dream and the 44th

Alfonzo Rachel of Macho Sauce Productions hits another home run.

Last evening I posted an entry here about how I felt President Obama had made a bad first presidential impression.

A couple hours later I had a hard to follow, though I believe I got the gist, comment from Rocky P of Black Business Space.

This morning I had an email waiting for me suggesting that I reply to Rocky by directing him to Alfonzo’s newest video, which you will find below.

I did not email or contact Rocky and advise him of the video, I’m not sure what purpose that would serve, but I did (obviously) post the video here.

If the “N” word makes you nervous (as it often does myself), know that it is used in the video.

I think there is a good and often humorous message here for rabid liberals and accidental liberals alike.

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If It Had Been Saddam Hussein At The Podium

bush_shoe 

I’m sure this has already been pointed out a million times by now, one more time won’t hurt.

If it had been Saddam Hussein at the podium yesterday who the Iraqi reporter (I understood the reporter to actually be from Egypt) threw a shoe at, that reporter would be dead now.

 

I wasn’t going to post on this at all but I came across this posting over at DUmmie FUnnies in which he highlights pieces of a thread at the Democratic Underground mock Bush and praise the reporter who threw the shoe.

I found their responses to be more than interesting and demonstrative of their [the left] typical hatred.

The left’s hatred of Bush is not exactly a secret, but the degree of hatred still sometimes shocks me.

A good percentage of the messages in the thread are vulgar to the point where I would not feel comfortable posting them here. Many lament that Bush was not actually hit by either of the shoes. Most of them are just seething with vile hatred.

I am not pleased that Barack Obama is to be our president, I am opposed to him in whole and his agenda in whole, still were he to experience something similar I would not take pleasure in it and would not be wishing ill upon him.

These people are simply sickening.

A sampling from the Democratic Underground follows:

And how many people would actually get to read anything an Iraqi journalist wrote, I applaud this “Journalist” for what he did, its just a shame Shrub didn’t get his teeth knocked out!!

He didn’t get the memo he was s’pose to throw flowers! At least Bush got the greeting he deserved.

Couldn’t happen 2 a better person

Somebody get that guy a brick!

Too bad Shrub didn’t get his teeth knocked out, that guys a true hero!

I want to put it on tape and give it out as a Christmas gift

A New Age Of Unity? Obamafied and Unified.

From time to time I will saunter through various message boards always being either religious or political. Last evening as I poked through various message boards I read through one particular thread where an Obama supporter asked a McCain supporter if he would join him in a “new age of unity” and support Barack Obama as president.

The McCain supporter did a very bad job of rebuffing this liberal imbecile who claimed that any American who will not support Obama is unpatriotic.

I looked up both individuals ‘profiles’ on this particular message board (a board I will not link to btw, I wish I had never visited it and never will again… some sick puppies over there), the profile provided a link to look at each persons previously posted messages.

I read through eight or ten of this leftists previous messages, some from more than four years ago, and was NOT surprised by what I read.

Concerning president Bush he noted that “Bush is not my president” and Bush is a murderer, a war monger, a thief, a coke head, a drunk, a war dodger, a compulsive liar, a fascist, a dictator, a Nazi…

It went on and on.

Three other leftists joined this idiot in attack the McCain supporter to show “unity”, the McCain supporter basically cowered in a corner and eventually gave in.

Today I found this article on Townhall.

I agree with the author David Harsanyi who titled the article “Unity? No, Thank You”.

No, I am not looking for unity as I know that unity per the leftist definition does not mean compromise or intelligent debate. It means that I must give unconditional support for a president Obama and his agenda.

Here is what I will do.
I will be fair and commend him when I believe his actions are correct. I will say when I agree with him. When I can I will support him.

I will also criticize him when I believe he has acted improperly and acted against the best interest of America and Americans.

Critical when necessary, fair when deserved.

I acted no differently where Bush was concerned.
I, and most of the right are consistent in this and will continue to be.

As David Harsanyi wrote, “Unity? No, Thank You”.