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Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.
FA Hayek (via thedailyliberty)Posted on June 4, 2012 via The Daily Liberty with 21 notes
Source: thedailyliberty
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Government has no other end, but the preservation of property.
John Locke (via thedailyliberty)Posted on June 3, 2012 via The Daily Liberty with 23 notes
Source: thedailyliberty
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movies vs. reality
MOVIES:

REALITY:

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Commander William Adama: There’s a reason you separate military and the police. One fights the enemies of the state, the other serves and protects the people. When the military becomes both, then the enemies of the state tend to become the people.
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(via freexcitizen)
Posted on May 31, 2012 via gun-collector with 34 notes
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It was John Maynard Keynes, a man of great intellect but limited knowledge of economic theory, who ultimately succeeded in rehabilitating a view long the preserve of cranks with whom he openly sympathised. He had attempted by a succession of new theories to justify the same, superficially persuasive, intuitive belief that had been held by many practical men before, but that will not withstand rigorous analysis of the price mechanism: just as there cannot be a uniform price for all kinds of labour, an equality of demand and supply of labour in general cannot be secured by managing aggregate demand.
F.A. Hayek (via laliberty)Posted on May 30, 2012 via L.A. Liberty with 31 notes
Source: laliberty
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I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.
Andrew Jackson (via hipsterlibertarian)(via conservatarian)
Posted on May 29, 2012 via The Hipster Libertarian with 62 notes
Source: hipsterlibertarian
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It is true that “Republicans and Democrats” approved a green energy loan guarantee program. But “Republicans and Democrats” did not approve this loan guarantee program. As FactCheck.org reminds us, the program under which Solyndra was handed $500 million in taxpayer money was authorized in the Obama/Reid/Pelosi partisan “stimulus” bill of 2009. Zero House Republicans voted for that law. Also, a previous Solyndra loan application was explicitly rejected by Bush-era actuaries because of its inherent soundness problems. Some of Obama’s bookkeepers continued to warn against its approval, but they were overruled by the White House political team because the president’s allies were determined to make the company the “poster child” of his green vision. That’s also why Obama ignored internal worries and held a big presidential photo-op at Solyndra’s (now-defunct) factory. The list goes on: Obama DOE officials sat in on Solyndra board meetings. One of Solyndra’s top investors, George Kaiser — who just happened to be a major Obama campaign donor — also just happened to make a flurry of White House visits right before the doomed loan was given the thumbs-up. Kaiser and the White House claimed they didn’t discuss Solyndra during those meetings. They lied. We also know that even after Solyndra defaulted on its initial loan, Obama’s Energy Department conveniently restructured the loan terms, assuring that investors like George Kaiser would be first in line to get paid if (when) the company went belly-up. Obama owns this mess, and he knows it. But he’s obfuscating and dissembling to save his own skin.
Guy Benson, read the whole thing (via nomosshere)Posted on May 28, 2012 via No Moss Here with 3 notes
Source: nomosshere
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In early February, Bruin Republicans organized a campus cookie sale – but not your ordinary cookie sale. They offered cookies at different prices depending on the customer’s race and sex. Black, Latino and American Indian females were charged 25 cents for a cookie, while their male counterparts were charged 50 cents. White females were charged a dollar. White males were charged two dollars. Asian males and females also were charged two dollars a cookie.
Some might ask: “Why are Asians charged two dollars? They’re a minority.” You’d be right. According to the 2000 Census, residents who reported as Asian, or in combination with one or more other races, totaled 11.9 million – or 4 percent – of our population. In my book, that makes Asians a minority and eligible for the cookie affirmative-action discount. Instead of being charged two dollars for a cookie, Asian females and Asian males are rightful claimants to the racially discounted price of 25 cents and 50 cents, respectively.
If you see things that way, and think Asian-Americans are eligible for preferential treatment, it simply means that you haven’t kept abreast with modern racial enlightenment. A minority group is not a minority if, as a group, it is successful. Asian median family is $55,525, the highest of any other racial group in America. More than 44 percent of Asians age 25 and over have bachelor degrees; the rate for all other Americans was 26 percent. Other indicators of group success would include low crime rate and high family stability. Case closed – Asians are not a minority.
Walter E. Williams (via self-ownership)
Interesting. However, I think the problem is still the idea that collectivized individuals have anything in common besides their skin color and how they might be treated by individuals and how their ancestors were treated in the past. Hell, “Asian-Americans” doesn’t mean diddly squat. That’s like saying “European-Americans”, as if we all came from the same country. Hell, I’m a mutt - Polish, Italian, German and French. I have a friend who is Vietnamese and Canton.
Same goes for African-Americans. To say that a group of individuals is somehow bound by what continent they are from is ridiculous. Look at the individual, and you’ll find a way to create a better society.
(via libertarians-and-stoya)
(via libertarians-and-stoya)
Posted on May 27, 2012 via self-ownership with 8 notes
Source: self-ownership
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Posted on May 26, 2012 via Meme Hermetica with 38,910 notes
Source: memehermetica