Remember when you "pledged allegiance to the flag of the United States of America and to the REPUBLIC for which it stands?"
When did it become a "democracy?"
--L. Reichard White Friday, March 25, 2011 5:21 AM
Friday, March 25, 2011
Wednesday, March 23, 2011
1. Instead of "National debt" why don't they call it what it really is: "Government debt?"
2. Why did they borrow rather than pay cash?
3. Why should we, let alone our kids, grand kids and the yet unborn, pay it? --L. Reichard White, Wednesday, March 23, 2011 8:52 AM
Monday, March 14, 2011
Monday, March 7, 2011
"There is perhaps no empirical regularity among economic phenomena that is based on so much evidence for so wide a range of circumstances as the connection between substantial changes in the quantity of money and in the level of prices." ... "It follows ... that inflation is always and everwhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output." --Milton Friedman, quoted in Judy Shelton, Money Meltdown (New York: The Free Press 1994), p. 176 & 177
Sunday, March 6, 2011
Saturday, March 5, 2011
Friday, March 4, 2011
I want community watch keeping markets honest, quality high, prices low, and products safe and evolving, not some tired, old, lazy, corruptible night watchman who lulls consumers into a false sense of security -- and in all likelihood has already been bought off by lobbyists, post-retirement job promises, or large campaign contributions. --L. Reichard White, Friday, March 04, 2011 8:51 AM