History

What is money?
Money, get back.
I'm all right jack keep your hands off of my stack.
Money, its a hit.
Don't give me that do goody good bullshit.
I'm in the high-fidelity first class traveling set
And I think I need a Lear jet.

Money, its a crime.
Share it fairly but don't take a slice of my pie.
Money, so they say
Is the root of all evil today.
Many moons ago, people would trade goods and services by exchange (barter).  I'd fix your fence, and you'd give me a bushel of wheat.  You'd give me a pig, and I'd give you a cow.  In other words, just a straight-up trade.  This however, wasn't very practical.

For example, I may want to buy a loaf of bread from you, but only have a cow to exchange.  You'd like to sell me the loaf of bread, but you need shoes for your horse.  So in order to make trading with each other more efficient, a medium of exchange was developed - money.

A Moderate History of the G.O.P. - Part ...

In my continuing effort to shine a light on the forgotten past of conservative politics, I'd like to share some of the thoughts and writings of Senator Robert Taft, the die-hard conservative and sworn enemy of New Deal Socialism.  Taft's strong conservative credentials led to him being the definition of the Republican Party itself, being known widely as, "Mr. Republican."

Being a genuine and principled conservative, Taft was attacked by both the Left and Establishment Right, obscuring his positions and ultimately scarring his legacy.  As a protector of the Constitution and champion of liberty, he often opposed foreign wars and was therefore labeled (falsely) as an "isolationist" and/or "obstructionist."  Further adding insult, the stalwart anti-communist Taft, was labeled a "super-appeaser" who would "execute the foreign policy of Stalin."

Today, we're going to take a brief, yet enlightening walk through the presidential campaigns of the Republican Party ...

A terrific article posted at Mises Daily by Thorsten Polleit, Honorary Professor at the Frankfurt School of Finance & Management, provides a wonderful primer in central banking, Austrian economics, and inflation. This is important stuff folks!

It has been reprinted in its entirety here, under the Creative Commons Attribution 3.0 United States license, courtesy of the Ludwig von Mises Institute.

Read "There Will Be (Hyper)Inflation" below the fold.

The battle has always been about freedom ... And still is ...

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"The Republican Party was ...

David Talbot wrote an interesting article in Salon.  Well ... actually it's a lame attempt "hit piece" on Sarah Palin, so let's take a look at his charge that Sarah and Todd Palin are "un-American".  The article starts off with this:
The Palins' un-American activities
"My government is my worst enemy. I'm going to fight them with any means at hand."
This was former revolutionary terrorist Bill Ayers back in his old Weather Underground days, right? Imagine what Sarah Palin is going to do with this incendiary quote as she tears into Barack Obama this week.
Only one problem. The quote is from Joe Vogler, the raging anti-American who founded the Alaska Independence Party. Inconveniently for Palin, that's the very same secessionist party that her husband, Todd, belonged to for seven years and that she sent a shout-out to as Alaska governor earlier this year. ("Keep up the good work," Palin told AIP members. "And God bless you.")
AIP chairwoman Lynette Clark told me recently that Sarah Palin is her kind of gal. "She's Alaskan to the bone ... she sounds just like Joe Vogler."

Is this an act of treason as Talbot charges?  Let's take a look ...

The Bill of Rights

2008-09-19

Today, it seems as though people are losing touch with importance of the founding of our great nation, ...