As unpatriotic and insane as it may sound, an economic depression may be the best thing that could happen to America in a long time. It will force Americans to get back to the basics of life, and rebuild their lives on a foundation of productive work and sensible spending. We should not forget that the Pilgrims came to these shores when there was nothing here but wilderness, and it was through their hard work and faith in their Creator that they started to build this great nation.
In June 2006, Hamas terrorists tunneled into Israel from the Gaza strip, surprised an Israeli tank crew, killed two of its soldiers, and took a third soldier, 19-year-old Gilad Shalit, prisoner. It was simply a case of deliberate kidnapping since this was not a combat situation. Shalit was taken back into Gaza and held incommunicado for five years, until Tuesday, October 18, 2011, when he was released in exchange for 1,027 Palestinian prisoners. It was Egyptian mediation which made the exchange possible.
“Smash Capitalism” is one of the signs we saw being held by one of the Wall Street mobsters. The overriding theme of the mob is the overwhelming wish to destroy the capitalist system of profit-making free-enterprise and replace it with some vaguely defined social system. But since many of these mobsters are avowed socialists, communists, and anarchists, what we will get is economic chaos, which will lead to a dictatorship of some kind. And since the left has joined with the Islamic extremists in their aim to destroy capitalism, the dictator can easily be either an Islamist or an American socialist such as Obama. (it has been said that the main difference between a socialist and a communist is that a communist is a "socialist in a hurry.")
With the release on October 10, 2011, of Roland Emmerich’s controversial film on the Shakespeare authorship mystery, Anonymous, I thought it might be a very appropriate time for me to enlighten my readers with an account of my own involvement in the authorship controversy before seeing the film and passing judgment on it.
A thousand years from now, when scholars and archeologists in some future civilization want to know what America was like, they could do no better than dig up a stash of Montgomery Ward catalogs, from 1900 to when it was discontinued in 2001. First, they will find depicted thousands of products available to the general public at very moderate prices. They will find that most of these products were made in the U.S.A. They will find a nation with a very high standard of living, continually improving its technology in all fields of endeavor.
One of the evil fruits of the tree of evolution is the idea of eugenics, the notion that human beings can be bred to perfection by the same methods used to breed perfect cattle. Since evolution itself reduces man to the level of animal, it is not surprising that eugenics was adopted by many leaders among the educational elite as the means of solving man’s social problems. But eugenics itself poses a problem: what does one mean by human perfection, and whose definition of perfection should be adopted?
Nobody in the Western world has been willing to admit that it is the socialist policies of their governments that have led to the dire economic problems the world now faces. Sir Mervyn King, governor of the Bank of England, revealed how severe the crisis is after the decision was made by the bank’s Monetary Policy Committee to put 75 billion of newly created money into the economy in a desperate effort to stave off a new credit crisis and a UK recession.
Finally, a well-known economist has said something about the Social Security system that no one else has said: sell federal land to pay those who have been taxed for Social Security but want to opt out of the system. Our much admired and respected Walter Williams wrote in his column of October 4, 2012:
One of the signs prominently held up by one of the idiots at the Occupy Wall Street mob scene read “People Not Profits.” Obviously, this numbskull doesn’t understand that without profits we would all be living in poverty, as they do in Cuba. But neither the Cuban nor Soviet governments even remotely gave up on profits. The Soviets used slave labor to mine the gold in Siberia to pay for the Communist government’s need to import goods, and the Cuban government earns profits by maintaining beach resorts for foreign tourists.
According to Harvey Rosenblum, a top economist at the Dallas Federal Reserve Bank, the American economy is at the “knife edge” between growth and contraction. He spoke at a forum sponsored by the San Antonio Chamber of Commerce on September 27. “We are in the midst of the Second Great Contraction,” he observed, adding that he didn’t think that “monetary policy tweaks” would help much. “The patient isn’t responding well to the medicine,” he said.