'The Invisible Hand' Plans and Produces Much Better Than Government
The 'invisible hand' is a term used by Adam Smith to demonstrate that individual self-interested actions have unintended social benefits.
Governor William J. Le Petomane:
"We've gotta protect our phoney baloney jobs, gentlemen!" Blazing Saddles, 1974
The intelligent people of government, both elective and hired, are assigned the job of managing the economy. Theoretical economic studies at university have filled the
educated brains of government people who have the heedless insolence to think that they can PLAN our economy from the ivory towers of D.C.
The article below illustrates that people working for income and profit to raise their own standard of living handle planning that government can only imagine. With government's
high taxes and ridiculous regulations, the economy can only flounder and stumble to inevitable recession or depression trying to comply with taxation, rules, and tariffs.
NOTE: PLEASE REFER to the DATE in the URL in the location bar above. This introduction was written during the Marxist Obama Administration. During the
current Capitalist Trump Administration, taxes have been lowered to the lowest in 95 years and Obama's strangulating Regulations that reduced
GDP to less than 1.5% were rescinded by Trump. The economy from 2016 to 1st quarter 2020 was the best in history. BUT, the criminal conspiracy
between China's Communist Party, Wuhan Institute of Virology, NIH, Dr. Fauci, and Democrat(Socialists) Party as a last ditch effort to prevent Trump's
reelection caused the spread around the planet of a very contagious, virulent virus developed in Wuhan with $3.7 million from NIH. NIH paid China to infect
America and the world.
06 MAY 1818: Happy 200th, Murderer
"The trouble with socialism is that you eventually run out of other people�s money."
Margaret Thatcher, former Prime Minister of Great Britain
Recommendations
I recommend two (2) movies for interested viewers. If Democrat voters (or any voter) want to understand what is wrong with their
party, I recommend a documentary movie that contains a completely corroborated history of the Democrat Party. The documentary's title is:
Hillary's America: The Secret History of the Democratic Party. The documentary was produced by Dinesh D'Souza who was 'railroaded' by the Obama Administration into a
kangaroo court controlled by a corrupt judge and sentenced to prison for producing another documentary,
2016: Obama's America. All FACTS presented in these documentaries are the historical evidence of the failure of the Democrat Party although the Democrats have many allies that support these Communist/Socialist attempts to destroy
America, and no group of FAKE NEWS companies can deny the FACTS.
Professor Carol Swain, Poli. Sci. & Law, Vanderbilt U. for Prager University Professor Swain appears in one segment of Dinesh D'Souza's aforementioned video.
While America has a Constitution that guarantees freedom of speech, it doesn't guarantee an everyday political education. If Americans believe in their freedoms guaranteed by the
Bill of Rights, if Americans believe that Capitalism is the greatest creator of individual wealth the world has ever experienced (historical facts prove this assertion), then Americans
should know the people and organizations who want to destroy America from within. Therefore, the best documentary available that exposes and identifies these enemies who have grown
much stronger since the Russian Revolution is The Enemies Within.
Also near the end of The Enemies Within documentary, the video requests that citizens call their Senators and Representatives (those NOT affiliated with the Muslim
Brotherhood and other subversive Marxist organizations) to support
S. 68: Muslim Brotherhood Terrorist Designation Act of 2017 and
H.R. 377: Muslim Brotherhood Terrorist Designation Act of 2017.
After watching the video, you will clearly understand why the Muslim Brotherhood is trying to destroy America from within. Many current Representatives and Senators are affiliated with persons
and organizations whose precepts, behavior, and speech are as Marxist as Vladimir Lenin without identifying themselves as Marxist. One of these organizations has infiltrated America like a final
stage cancer. These un-American organizations must be excised like a massive tumor. This is NOT McCarthyism since you will SEE and UNDERSTAND the evidence presented in the video.
"The most effective way to destroy people is to deny and obliterate their own understanding of their history." —George Orwell
Anyone who believes this country is free is an idiot!
One of the most challenging and important jobs for an economics professor is to teach students how little we know and can possibly know.
My longtime friend and colleague Thomas Sowell says, �It takes considerable knowledge just to realize the extent of your own ignorance.� Nobel laureate Friedrich August von Hayek
admonished, �The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.�
The fact that we have gross ignorance about how the world operates is ignored by the know-it-all elites who seek to control our lives. Let�s look at a few examples of the world�s
complexity.
According to some estimates, there are roughly 100 million traffic signals in the U.S. How many of us would like the U.S. Congress, in the name of public health and safety, to be in
charge of their actual operation?
Americans need an alternative to the mainstream media. But this can't be done alone. Find out more >>
Congress or a committee it authorizes would determine the length of time traffic lights stay red, yellow, and green and what hours of the day and at what intersections lights flash
red or yellow.
One can only imagine the mess Congress would create in the 40,000 cities, towns, and other incorporated places in the U.S.
But managing traffic lights�and getting good results�is a far less complex task than managing the nation�s health care system and getting good results, which Congress tries to do.
Here�s another task I�d ask whether you would like Congress to control.
The average well-stocked supermarket carries 60,000 to 65,000 different items. Walmart carries about 120,000 different items.
Let�s suppose Congress puts you in total control of getting just one item to a supermarket�say apples. Let�s not make it easy by having the help of apple wholesalers. Thus, you
would have to figure out all of the inputs necessary to get apples to your local supermarket.
Let�s look at just a few. You need crates to ship the apples. Count all the inputs necessary to produce crates. There�s wood, but you need saws to cut down trees. The saws are made
of steel, so iron ore must be mined, and mining equipment is needed. The workers must have shoes.
The complete list of inputs to get apples to the market comes to a very large, possibly an unknowable, number. Forgetting any one of them, such as spark plugs, would probably
mean no apples at your supermarket.
The beauty of market allocation of goods and services, compared with government fiat, is no one person needs to know all that�s necessary to get apples to your supermarket. Free
markets, accompanied by free trade, including international free trade, make us richer by economizing on the amount of knowledge or information needed to produce things.
Think about this morning�s breakfast. Let�s suppose you and your spouse each had four slices of bacon and two eggs. You had coffee, and your spouse had cocoa.
The breakfast might have cost you $22. But what might it have cost you if instead of being dependent upon others, you were independent and produced your own breakfast?
What do you know about raising pigs and their subsequent slaughter? Do you know how to cure pork to make bacon? Then there are the eggs, which require knowledge about the
care of chickens. What about getting pig and chicken feed?
You�d have a big problem with the coffee and cocoa. I doubt whether you could simulate the growing conditions in Brazil and West Africa.
One thing that�s guaranteed is that your breakfast would be far costlier than in the case where you depended upon the benefits of skills of others that emerge from the division of
labor and trade.
The bottom line is that each of us is grossly ignorant about the world in which we live. Nothing�s wrong with that ignorance, but we are stupid if we believe that a politician can
produce a better life than that which is obtained through peaceable, voluntary exchange with our fellow man anywhere on earth.
A Note for our Readers:
Trust in the mainstream media is at a historic low�and rightfully so given the behavior of many journalists in Washington, D.C.
Ever since Donald Trump was elected president, it is painfully clear that the mainstream media covers liberals glowingly and conservatives critically.
Now journalists spread false, negative rumors about President Trump before any evidence is even produced.
Americans need an alternative to the mainstream media. That�s why The Daily Signal exists.
The Daily Signal�s mission is to give Americans the real, unvarnished truth about what is happening in Washington and what must be done to save our country.
Our dedicated team of more than 100 journalists and policy experts rely on the financial support of patriots like you.
Your donation helps us fight for access to our nation�s leaders and report the facts.
You deserve the truth about what�s going on in Washington.
A new Congress has been seated, and it brings the prospect of perhaps, maybe, potentially, in a possible way doing something about the runaway federal deficits. And in other news, several New York area bridges are for sale, which you can acquire at a bargain price.
Excessive Spending Destroys!
Feds Have a Spending Problem — DO NOT RAISE THE CEILING!
Feds Have a Sewage Problem!
Joseph Story, Supreme Court Justice ... when the court wasn't part of the L-E-J Cabal
Joseph Story (1779�1845) was born during the American Revolution, and came of age in the early years of the new United States of America. He was a scholar of the U.S. Constitution, and, eventually helped found the Harvard Law School.
In 1811, Story was appointed to the Supreme Court by President James Madison — who knew a few things about the U.S. Constitution, in that he helped write it. Story was a contemporary of another famous member of the Supreme Court, Chief Justice John Marshall (1755�1835).
"The right of the citizens to keep and bear arms has justly been considered, as the palladium of the liberties of a republic; since it offers a strong moral check against the usurpation and arbitrary power of rulers; and will generally, even if these are successful in the first instance, enable the people to resist and triumph over them."
See the following links for more related articles:
[Editor's Note: what I have dubbed the "Legislative-Executive-Judicial Cabal" which the American People have caused by ignoring the generational transition from our Constitutional Republic to what now is, in effect, an "elected" dictatorship. Never mind who is elected. Never mind which bogus party is in power. The superficial, theatrically staged, choreographed appearance of debate, disagreement, and stalled legislation always resolves into more government and less FREEDOM. We the People still lose more freedom after every "emergency" or unnoticeably when CON-gress passes another general, open-ended law that enables the Executive (dictator) and its unaccountable agencies to formulate more freedom-restricting regulations (200 pages a day get posted to the Federal Register). The "Dictator's" agencies (police force) continue to pile-up more weapons to squelch uprising(s) when the People finally realize and understand their tyrannical government.
Currently, CONgress is just a group of socialists, progressives, and faux-conservatives (career politicians) that, on a daily basis, ignores the Constitution, many of their own past statutes, and cedes their responsibilities to the president ("elected" dictator). A comparison to the history of Rome becomes more and more credible with the Executive and its "featherbedded" lackeys gaining more power while CONgress sits back all fat-dumb-and-happy.
CONgress has made recent efforts to expose State Dept. failures in Benghazi (inept political leader), Fast-and-Furious gun-running (criminal AG), IRS 1st amendment violations, gov't union Veterans Administration fraud, and whining about Obama(Reid)-killer-Care, but these efforts are mostly politics as usual. Most "citizens" will forget about these infringements from our unaccountable, uncontrollable Executive branch with its tyrannical agencies staffed by socialist unions that extort "juicy" contracts from the "elected" dictatorship.
Most positions in the federal government whether elected, appointed, or hired are nominal, make-work jobs (confidentially) designed merely to grow government, bilk money from private businesses and citizens, and eventually fully transform America into a totalitarian state. When this happens, CONgress will have destroyed the economy and the country by their negligence and counter-liberty policies, and it will be almost impossible to Restore America. The 'Restore America' list is only a beginning too.]
"The accumulation of all powers, legislative, executive, and judiciary, in the same hands, whether of one, a few, or many, and whether hereditary, self-appointed or elective, may justly be pronounced the very definition of tyranny."
James Madison, Federalist Paper 47, Friday, February 1, 1788
Anyone who believes this country is free is an idiot!
"Extortion and thuggery are good things when they're called law!"
Larken Rose
[Editor's Note: a Constitutional Convention is required to reverse the damage to freedom and liberty since 1900. This Article V was ratified by the participants at America's founding Constitutional Convention as an alternate path for repairing damage to freedom and liberty, a path for the People to restore damage caused by our failed representatives in the Legislative, Executive, and Judicial branches of a government designed to represent the wishes of We the People.
The States must "demand" a Convention and explicitly specify an agenda of:
laws to be repealed or modified,
Amendments to existing constitutional clauses that define the co-equal branches to further specify and define, and
new Amendments or statutes to be eventually ratified by States.
These Amendments should further specify and clarify the powers of the Legislature and Executive Branches. A good example is the definition of a "Bill".
A Bill should contain ONLY verbiage in regards to the topic of the future law. NO earmarks and NO unrelated sections or attacments.
Many past Bills sent to a president for signature contained unrelated but essential funding sections that rendered the Bill veto-proof when it warranted a veto.
CON-gress can override a veto if the Bill is deemed absolutely necessary by CON-gress.
If the Bill requires SPECIFICALLY related amendments, the CON-gress can "debate" (with its usual theater) and vote any new amendments.
The original text of the Constitution contains some very GENERAL clauses enabling both CON-gress and Executive branches to write laws and
regulations with their particular nuances expanding powers beyond intent. "Intent" may be gleaned from a complete understanding of
Federalist Papers.
An example of further specification and clarity for CON-gress should be a clear, very specific definition of the boundaries for the interstate Commerce Clause.
To restore freedom, liberty, and individuality - minimally these must be repealed:
Currently, even with computer-searching systems, the list of antiquated and/or obsolete statutes (and related regulations) is unwieldy.
These statutes must be invalidated unless there remains an applicable reason for retaining the law(s).
Aside from invalidating statutes, there are many regulations that are biased in favor of large enterprises (who buy support from bureaucrats)
at the expense of the competition, effectively repressing the Free Market. Any regulations not related to public safety that gives a financial advantage
to some companies over their smaller rivals must be rescinded to enable all companies with good consumer products to excel without burdensome regulations.
Additionally, the Convention should adopt for ratification at least these new Amendments or statute modifications:
clearly define and limit the role of government in regards to the term "general welfare",
Term Limits for CON-gress (12 years) including a 6 month limit on time residing in DC,
strict Prohibition of Lobbying (with a comprehensive definition of "lobbying"), and
a Balanced Budget Amendment to stop wreckless spending. During a CON-gressionally declared "war" (only after USA is attacked or attack is proven "imminent"),
deficit spending is permissible.
Restore America to its roots, i.e. Defense, State, Treasury, and Justice. Some Agencies are required like CIA and NSA, both respectively focused on defense against real foreign aggressors and not fictitious paranoid delusions of war mongers. Other agencies help where certain interstate communications are necessary. Most agencies like Agriculture, Education, DEA, IRS (eliminated with 16th Amendment) and many other listed here should be eliminated.
Restore the world Gold Standard with five contentious steps, and
Replace the IMF, World Bank, and Export-Import Bank with facilities that reflect the new Gold Standard, and
After decentralizing and economizing, if tax revenue is needed to fund all or part of the federal government, then implement the Fair Tax.
Regarding a Constitutional Convention itself, some of the available literature warns the reader about a possible "unstructured" and "mismanaged"
Convention that might propose and adopt amendments that could damage the Republic.
Possible, however, it is difficult to envisage how much more damage could done over what the L-E-J Cabal has already done.
If the Convention's agenda and rules of order strictly prohibit violation of the rules and enable a vote on unlisted Amendments AFTER all others are adopted,
then the Convention will be properly structured and managed. ]
John Adams said, �Without [term limits] every man in power becomes a ravenous beast of prey�. That being said, here are some of the reasons we believe our country needs Term Limits.
Term Limits can help break the cycle of corruption in Congress. Case studies show that the longer an individual stays in office, the more likely they are to stop serving the public and begin serving their own interests.
Term Limits will encourage regular citizens to run for office. Presently, there is a 94% re-election rate in the House and 83% in the Senate. Because of name recognition, and usually the advantage of money, it can be easy to stay in office. Without legitimate competition, what is the incentive for a member of Congress to serve the public? Furthermore, it is almost a lost cause for the average citizen to try to campaign against current members of Congress.
Term Limits will break the power special interest groups have in Congress.
Term Limits will force politicians to think about the impact of their legislation because they will be returning to their communities shortly to live under the laws they enacted.
Term Limits will bring diversity of people and fresh ideas to Congress.
[Editor's Note: If you want to get rich, i.e. advance from a low paying government bureaucrat job on the local or state level, THEN GET ELECTED TO THE US CONGRESS (House or Senate). Once you're elected, it's easy to steal from your campaign contributions or the Congressional budget allocated to your seat and staff. You can go on a government-funded junket with 'lavishly' paid expenses. The list of ways to steal from the government while in office is inexhaustible. There are only a few Congressmen who left Congress just wealthy instead of a multi-millionaire. Of course, there are several who arrived in Congress as multi-millionaires and don't need to steal from the government.]
CONVENTION of STATES (CoS)
CONVENTION of STATES
BECOME a MEMBER-PARTICIPANT of CONVENTION of STATES here.
Get into the Action; Get information. Join here.
The CONgress (by
Article V of the Constitution) has proposed and
States have ratified many new amendments to the Constitution, some that increase their power over us citizens. CONgress can propose amendments, and the
alternative method to CONgressional proposals can come from States via
Article V. When "We the People" — meaning
a very large majority — are opposed to Acts of CONgress like the INCOME TAX or ENDLESS WARS or the FEDERAL RESERVE, Acts that restrict and regulate our
LIBERTY, Acts that are a waste of money, Acts that have caused unrecoverable indebtedness, then through local representaatives of our States WE can propose
Amendments to be ratified by States just like CONgress.
STATES and the PEOPLE of America are very angry at the federal goverment's violation of its
constitutionally-defined boundaries. States created the federal government in 1787 with LIMITED powers defined in the Constitution. All powers not
given by States to the feds remain with the States by Article X. The feds have through deceit, distortion, and falsification rearranged the entire contractual agreement
between States and the federal government. The feds have become a very powerful, all consuming force in American government. The time has come for States to rein in the federal government,
to take power back, to limit the federal government's power, and to add some detailed restriction to the definition of CONgress, the Executive, and the Judiciary.
In 1787 a central government was (is) necessary only to provide for the common defense and ensure equality
under the law for all Citizens, to provide a final arbiter for the resolution of unsolvable problems among States and People. Most laws and regulations that the federal
government has wreaked on the States and the People are unconstitutional. States are independent, sovereign countries who realized the need for a limited and defined
central government to prevent wasteful duplication of effort. The federal government, in 2017, is OUT OF CONTROL, infringing and interfering with State sovereignty and their
separate economies. A problem arose in 2012 with Arizona's attempt to secure their border with Mexico. An article is
here. States can prevent infringements
by the federal government with an Aricle V Convention of States to not only reverse past federal government "power grabs" but prevent future federal government
violations of their Constitutionally-defined boundaries.
A new, well-organized group of volunteers in all 50 states have gathered to restore America to
its roots by limiting all 3 branches of the federal government with a
Convention of States (CoS) organization (alternate site,
CoS Action). This is a Convention of States to AMEND the Constitution — NOT rewrite it!
Recently, CoS held an Article V, Convention
simulation with appointed volunteers from all 50 States. The simulated Convention demonstrated how a well-organized CoS can vote for proposed amendments
to the Consitution that are popular enough to be ratified by the necessary 3/4ths of States (38). Obviously, only proposed Amendments that are likely to pass
both Houses of the legislatures of thirty-eight (38) States, that is, the required 3/4ths of States to ratify an Amendment to the Constitution should be proposed.
See the Final Report here.
The purpose in a Convention of States, simulated or real, is to PROPOSE AMENDMENTS that give power back to the People. The proposed amendments must reflect the
thinking, objectives — the goals of people of States — who want to restore our Constitutional Republic to one that represents the people.
ARTICLE V Convention of States—Restore the Appropriate Balance!
ARTICLE V Convention of States—Restore the Appropriate Balance!
ARTICLE V Convention of States—Restore the Appropriate Balance!
A real CoS, requires that 2/3rds of States (34) send an "application" to CONgress requesting that
CONgress schedule a CoS. State Legislatures are composed of an Assembly and Senate. Each "house" must pass a bill separately and send the resolution to their
Governor. Then the State sends an "application" to the CONgress. When the federal CONgress receives applications from 34 States, the CONgress is required to set a date for
the Convention of States. CONgress is NOT involved otherwise. The States have the Convention, propose amendments, and dispatch the precisely worded amendments to
their respectives assemblies and senates for ratification. CONgress only schedules the Convention.
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