John C. Wright's Journal

Let me offer you two links to articles on the issue of Palin hatred.

The first is from Michelle Malkin:
http://michellemalkin.com/2008/10/12/crush-the-obamedia-narrative-look-whos-gripped-by-insane-rage/

The second is from fpb, an insightful political commentator (whose insight I respect despite any differences between his politics and mine). His theory is twofold (1) abortion is ultimately coercive, something men force women to do to get rid of unwanted babies and (2) emotions inflamed over the horror of abortion and the guilty refusal to admit that horror is the major psychological engine driving the political parties in the modern world.

http://fpb.livejournal.com/353925.html?nc=69

http://www.youtube.com/watch?v=jbW64215HA8
One mo’ from Zo. This time with lightsabers.

The guy amuses me. Darth Nader. What can I say?

http://www.youtube.com/watch?v=93cFOjDG-Ks
Is that a correct statistic?

Merciful God, that is genocide. I tremble for my nation when I recall that the Lord is just.

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This guy’s name is Zo. He describes himself as “a musician, martial artist, amateure movie makin’, Christian conservative republican. Groovie oovie!”

Speaking truth to Caesar. There are many who claim to do so. Here is one who does.

Pope says world financial system built on sand.

Pope Benedict XVI today said that the global credit crisis shows that the world’s financial systems are "built on sand" and that only the works of God have "solid reality".

Opening a Synod of Bishops in the Vatican the Pope referred to a passage from St Matthew’s Gospel on false prophets, saying ”He who builds only on visible and tangible things like success, career and money builds the house of his life on sand”.

He added: ”We are now seeing, in the collapse of major banks, that money vanishes, it is nothing. All these things that appear to be real are in fact secondary. Only God’s words are a solid reality”.

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http://www.youtube.com/watch?v=KxhYampIl7A
Guy made this in his basement. Funniest and best political ad I’ve seen this campaign.

Once, I asked a liberal friend of mine what was done with the bodies, the wee little bodies of babies in the foetal stage of development, after a late term abortion. Now I know the answer and I truly wish I did not. If you would like not to learn, do not click the link below.

http://www.youtube.com/watch?v=bdMBxvYgAN0
An American Carol opened last Friday. I thought this was a really funny movie, and I would like all my conservative friends (and liberal friends, if I have any) to go see it. If you’ve ever complained that films are too leftwing, you should be willing to drop a tenspot to support the proposition that conservative films can and should make money.

The scene with the ghost of George Washington was one of the most moving I’ve seen in any film, drama or comedy, even though it was brief.

I have heard the rumor that the 700 Billion bailout package allows banks to maintain a reserve of zero rather than the ten percent the law previously required. In a free market, this would not perhaps be a disaster, because banks that failed would simply fail if they were so foolish as to leverage themselves to that level of risk. But the 700 Billion Bailout (now up to 810 Billion) socializes the risk and privatizes the profits. In effect, this allows banks to go from a situation where reserves of 10 million dollars allow them to lend out 90 million dollars, to a situation where reserves of zero allow them to lend out one unobtanibillion dollars.  

My local congressman voted for this monster. He is a Republican. I am voting for his Democrat rival this election. I would vote for Joe Stalin, merely to get this traitor out of office.

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See here. I reproduce the whole article without comment. Draw your own conclusions.

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http://www.youtube.com/watch?v=t_LWQQrpSc4
When the Ducks understand basic principles of economics that the Fed don’t, this is not a good sign for us.

I love those Mises.org guys. Speaking sense to power.

My previous answer was somewhat flippant, for which I hope you will excuse me. Let me address your points more seriously:

Let us suppose, for the sake of argument, that I grant your main point—it is both in the best interests of the general welfare, and a legitimate and constitutional act, for the state to discover who is holding money instead of investing it, and, in order to encourage investment, to reduce the value of that held money by debasing the currency, or by printing up currency to inflate the currency value as against all other goods and services in the economy. Let us suppose I grant this.

Question 1: Under this theory, what useful economic benefits (if any) that come in times when the state, in its wisdom, deems it wiser for me to invest than to hold money would not also be obtained if I lived next door to a large and well organized counterfeiting ring?

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