This speech is well worth an hour of your time, it is one of the best I've seen all year.
Showing posts with label Lew Rockwell. Show all posts
Showing posts with label Lew Rockwell. Show all posts
Saturday, November 3, 2012
Friday, October 19, 2012
Sunday, September 30, 2012
Tuesday, August 28, 2012
Mises, Rothbard, Woods and Keiser
I started seeing grumblings last week about some blow up between Max "Bernanke is a Protestant" Keiser, and Tom Woods. The whole thing was apparently over Max not bowing down to Mises and Rothbard which got the number one cheerleader Tom Woods quite riled up. I do not know the ins and outs of what was said, and for the basis of this post it is somewhat irrelevant.
After this article appeared on ZH I decided to briefly write my thoughts as well because I had wanted to get this out there for some time.
I always found it funny that the two people Lew Rockwell and Tom Woods revere the most in the space of Austrian Economics is Murray Rothbard and L v Mises (both jews of course). I have been interested in this for some time, because arguably the Mises Institute run by Lew Rockwell is the biggest Austrian economics think tank on the planet.
I like Lew and Tom, I have listened to every one of Lew's podcasts (many of which are stellar) and routinely post videos from both of them here on the blog. So I am not an enemy of either of these men, yet I do find it curious that they are such cheerleaders for Mises and Rothbard, to be honest it's alittle scary. I understand that Lew and Tom both knew Rothbard and that Lew knew Mises so it could just be that they happen to be in charge of keeping up their legacy, but to me it goes deeper than that. By focusing on these two economists many other great economists take a back seat. As I see it the L v Mises Institute exists to insure that Mises and Rothbard are remembered as the two heavy hitters and thus make two jews the patriarchs of the entirety of Austrian Economics thought.
To the new reader, or to the reader who doesn't understand the realm of jewish influence this observation may seem boring, but the study of jews controlling both sides of a debate or movement I find very fascinating. Today you have economists such as Ben Bernanke, Alan Greenspan and Paul Kruggman who are also jews yet follow Keynesian principles, whereas the flip side (apparently) is Mises and Rothbard. So you have the most prominent proponents on either side and they are all jewish?
"So what", you may be saying, "they are all jewish, well not all jews have to agree on every subject" while this is true there is no more a cohesive group of people on planet earth than the jews and that is a fact, sure they will sell their own grandmother for a nickel (no honor among thieves) but when it comes down to promoting their own be it hollywood, the music industry or any other field they do it every single day.
I really have no direct conclusion with this post, just the fact that I find it quite odd that Lew and Tom spend a disproportionate amount of time building up the legacy of Rothbard and Mises where without Lew and Tom most people today wouldn't even know their names. If their contribution to economics was so great they wouldn't need cheerleaders constantly reminding people of their importance, and the fact that they do it with such regularity and fervor just sends up a red flag with me.
Ultimately I find it suspicious and unfortunate that nearly every major player in economics period now is jewish, and the people today who could be great on the Austrian side seem content to just give all the credit to jews of the past.
After this article appeared on ZH I decided to briefly write my thoughts as well because I had wanted to get this out there for some time.
I always found it funny that the two people Lew Rockwell and Tom Woods revere the most in the space of Austrian Economics is Murray Rothbard and L v Mises (both jews of course). I have been interested in this for some time, because arguably the Mises Institute run by Lew Rockwell is the biggest Austrian economics think tank on the planet.
I like Lew and Tom, I have listened to every one of Lew's podcasts (many of which are stellar) and routinely post videos from both of them here on the blog. So I am not an enemy of either of these men, yet I do find it curious that they are such cheerleaders for Mises and Rothbard, to be honest it's alittle scary. I understand that Lew and Tom both knew Rothbard and that Lew knew Mises so it could just be that they happen to be in charge of keeping up their legacy, but to me it goes deeper than that. By focusing on these two economists many other great economists take a back seat. As I see it the L v Mises Institute exists to insure that Mises and Rothbard are remembered as the two heavy hitters and thus make two jews the patriarchs of the entirety of Austrian Economics thought.
To the new reader, or to the reader who doesn't understand the realm of jewish influence this observation may seem boring, but the study of jews controlling both sides of a debate or movement I find very fascinating. Today you have economists such as Ben Bernanke, Alan Greenspan and Paul Kruggman who are also jews yet follow Keynesian principles, whereas the flip side (apparently) is Mises and Rothbard. So you have the most prominent proponents on either side and they are all jewish?
"So what", you may be saying, "they are all jewish, well not all jews have to agree on every subject" while this is true there is no more a cohesive group of people on planet earth than the jews and that is a fact, sure they will sell their own grandmother for a nickel (no honor among thieves) but when it comes down to promoting their own be it hollywood, the music industry or any other field they do it every single day.
I really have no direct conclusion with this post, just the fact that I find it quite odd that Lew and Tom spend a disproportionate amount of time building up the legacy of Rothbard and Mises where without Lew and Tom most people today wouldn't even know their names. If their contribution to economics was so great they wouldn't need cheerleaders constantly reminding people of their importance, and the fact that they do it with such regularity and fervor just sends up a red flag with me.
Ultimately I find it suspicious and unfortunate that nearly every major player in economics period now is jewish, and the people today who could be great on the Austrian side seem content to just give all the credit to jews of the past.
Saturday, July 21, 2012
Sunday, July 1, 2012
Friday, June 8, 2012
Sunday, June 3, 2012
Sunday, April 15, 2012
Tuesday, April 3, 2012
Thursday, January 26, 2012
Thursday, December 15, 2011
Sunday, October 23, 2011
Thursday, September 15, 2011
Wednesday, August 17, 2011
Wednesday, December 22, 2010
16 Shocking Facts About the Student Loan Debt Bubble and the Great College Education Scam
FULL STORY WITH LINKS
As you read this, there are over 18 million students enrolled at the nearly 5,000 colleges and universities currently in operation across the United States. Many of these institutions of higher learning are now charging $20,000, $30,000 or even $40,000 a year for tuition and fees. That does not even count living expenses. Today it is 400% more expensive to go to college in the United States than it was just 30 years ago. Most of these 18 million students have been told over and over that a "higher education" is the key to getting a good job and living the American Dream. They have been told not to worry about how much it costs and that there is plenty of financial aid (mostly made up of loans) available. Now our economy is facing the biggest student loan debt bubble in the history of the world, and when our new college graduates enter the "real world" they are finding out that the good jobs they were promised are very few and far between. As millions of Americans wake up and start realizing that the tens of thousands of dollars that they have poured into their college educations was mostly a waste, will the great college education scam finally be exposed?
For now, the system continues to push the notion that a college education is the key to a good future and that there is plenty of "financial aid" out there for everyone that wants to go to college.
Recently, U.S. Secretary of Education Arne Duncan visited students at T.C. Williams High School in Alexandria, Virginia and encouraged them to load up on college loans....
"Please apply for our financial aid. We want to give you money. There’s lots of money out there for you."
So where will Arne Duncan be when those students find themselves locked into decades of absolutely suffocating student loan debt repayments?
What young high school students are never told is that not even bankruptcy can get you out of student loan debt. It will stay with you forever until you finally pay it off.
Today each new crop of optimistic college graduates quickly discovers that there are simply not nearly enough jobs for all of them. Thousands upon thousands of them end up waiting tables or stocking the shelves at retail stores. Many of them end up deeply bitter as they find themselves barely able to survive and yet saddled with tens of thousands of dollars in student loan debt that nobody ever warned them about.
Sadly, the quality of the education that most of these college students is receiving is a complete and total joke.
Take it from someone that has graduated from a couple of very highly respected institutions. I have an undergraduate degree, a law degree and another degree on top of that, so I know what I am talking about. Higher education in America has become so dumbed-down that the family dog could literally pass most college courses.
It is an absolute joke. The vast majority of college students in America spend two to four hours a day in the classroom and maybe an hour or two outside the classroom studying. The remainder of the time these "students" are out drinking beer, partying, chasing after sex partners, going to sporting events, playing video games, hanging out with friends, chatting on Facebook or getting into trouble. When they say that college is the most fun that most people will ever have in their lives they mean it. It is basically one huge party.
Of the little "education" that actually does go on, so much of it is so dedicated to pushing various social engineering agendas that it makes the whole process virtually worthless. Most parents would be absolutely shocked if they could actually see the kind of "indoctrination" that goes on inside U.S. college classrooms today.
A college education can be worth it for those in very highly technical or very highly scientific fields, or for those wanting to enter one of the very few fields that is still very financially lucrative, but for nearly everyone else it is just one big money-making scam.
Oh, but you parents please keep breaking your backs to put money into the college funds of your children so that they can be spoon-fed establishment propaganda all day and party like wild animals all night for four years.
It really is a huge scam. I was there. I saw it with my own eyes.
But if you will not believe me, perhaps you will believe some cold, hard statistics. The following are 16 shocking facts about the student loan debt bubble and the great college education scam....
#1 Americans now owe more than $875 billion on student loans, which is more than the total amount that Americans owe on their credit cards.
#2 Since 1982, the cost of medical care in the United States has gone up over 200%, which is horrific, but that is nothing compared to the cost of college tuition which has gone up by more than 400%.
#3 The typical U.S. college student spends less than 30 hours a week on academics.
#4 The unemployment rate for college graduates under the age of 25 is over 9 percent.
#5 There are about two million recent college graduates that are currently unemployed.
#6 Approximately two-thirds of all college students graduate with student loans.
#7 In the United States today, 317,000 waiters and waitresses have college degrees.
#8 The Project on Student Debt estimates that 206,000 Americans graduated from college with more than $40,000 in student loan debt during 2008.
#9 In the United States today, 24.5 percent of all retail salespersons have a college degree.
#10 Total student loan debt in the United States is now increasing at a rate of approximately $2,853.88 per second.
#11 There are 365,000 cashiers in the United States today that have college degrees.
#12 Starting salaries for college graduates across the United States are down in 2010.
#13 In 1992, there were 5.1 million "underemployed" college graduates in the United States. In 2008, there were 17 million "underemployed" college graduates in the United States.
#14 In the United States today, over 18,000 parking lot attendants have college degrees.
#15 Federal statistics reveal that only 36 percent of the full-time students who began college in 2001 received a bachelor's degree within four years.
#16 According to a recent survey by Twentysomething Inc., a staggering 85 percent of college seniors planned to move back home after graduation last May.
As you read this, there are over 18 million students enrolled at the nearly 5,000 colleges and universities currently in operation across the United States. Many of these institutions of higher learning are now charging $20,000, $30,000 or even $40,000 a year for tuition and fees. That does not even count living expenses. Today it is 400% more expensive to go to college in the United States than it was just 30 years ago. Most of these 18 million students have been told over and over that a "higher education" is the key to getting a good job and living the American Dream. They have been told not to worry about how much it costs and that there is plenty of financial aid (mostly made up of loans) available. Now our economy is facing the biggest student loan debt bubble in the history of the world, and when our new college graduates enter the "real world" they are finding out that the good jobs they were promised are very few and far between. As millions of Americans wake up and start realizing that the tens of thousands of dollars that they have poured into their college educations was mostly a waste, will the great college education scam finally be exposed?
For now, the system continues to push the notion that a college education is the key to a good future and that there is plenty of "financial aid" out there for everyone that wants to go to college.
Recently, U.S. Secretary of Education Arne Duncan visited students at T.C. Williams High School in Alexandria, Virginia and encouraged them to load up on college loans....
"Please apply for our financial aid. We want to give you money. There’s lots of money out there for you."
So where will Arne Duncan be when those students find themselves locked into decades of absolutely suffocating student loan debt repayments?
What young high school students are never told is that not even bankruptcy can get you out of student loan debt. It will stay with you forever until you finally pay it off.
Today each new crop of optimistic college graduates quickly discovers that there are simply not nearly enough jobs for all of them. Thousands upon thousands of them end up waiting tables or stocking the shelves at retail stores. Many of them end up deeply bitter as they find themselves barely able to survive and yet saddled with tens of thousands of dollars in student loan debt that nobody ever warned them about.
Sadly, the quality of the education that most of these college students is receiving is a complete and total joke.
Take it from someone that has graduated from a couple of very highly respected institutions. I have an undergraduate degree, a law degree and another degree on top of that, so I know what I am talking about. Higher education in America has become so dumbed-down that the family dog could literally pass most college courses.
It is an absolute joke. The vast majority of college students in America spend two to four hours a day in the classroom and maybe an hour or two outside the classroom studying. The remainder of the time these "students" are out drinking beer, partying, chasing after sex partners, going to sporting events, playing video games, hanging out with friends, chatting on Facebook or getting into trouble. When they say that college is the most fun that most people will ever have in their lives they mean it. It is basically one huge party.
Of the little "education" that actually does go on, so much of it is so dedicated to pushing various social engineering agendas that it makes the whole process virtually worthless. Most parents would be absolutely shocked if they could actually see the kind of "indoctrination" that goes on inside U.S. college classrooms today.
A college education can be worth it for those in very highly technical or very highly scientific fields, or for those wanting to enter one of the very few fields that is still very financially lucrative, but for nearly everyone else it is just one big money-making scam.
Oh, but you parents please keep breaking your backs to put money into the college funds of your children so that they can be spoon-fed establishment propaganda all day and party like wild animals all night for four years.
It really is a huge scam. I was there. I saw it with my own eyes.
But if you will not believe me, perhaps you will believe some cold, hard statistics. The following are 16 shocking facts about the student loan debt bubble and the great college education scam....
#1 Americans now owe more than $875 billion on student loans, which is more than the total amount that Americans owe on their credit cards.
#2 Since 1982, the cost of medical care in the United States has gone up over 200%, which is horrific, but that is nothing compared to the cost of college tuition which has gone up by more than 400%.
#3 The typical U.S. college student spends less than 30 hours a week on academics.
#4 The unemployment rate for college graduates under the age of 25 is over 9 percent.
#5 There are about two million recent college graduates that are currently unemployed.
#6 Approximately two-thirds of all college students graduate with student loans.
#7 In the United States today, 317,000 waiters and waitresses have college degrees.
#8 The Project on Student Debt estimates that 206,000 Americans graduated from college with more than $40,000 in student loan debt during 2008.
#9 In the United States today, 24.5 percent of all retail salespersons have a college degree.
#10 Total student loan debt in the United States is now increasing at a rate of approximately $2,853.88 per second.
#11 There are 365,000 cashiers in the United States today that have college degrees.
#12 Starting salaries for college graduates across the United States are down in 2010.
#13 In 1992, there were 5.1 million "underemployed" college graduates in the United States. In 2008, there were 17 million "underemployed" college graduates in the United States.
#14 In the United States today, over 18,000 parking lot attendants have college degrees.
#15 Federal statistics reveal that only 36 percent of the full-time students who began college in 2001 received a bachelor's degree within four years.
#16 According to a recent survey by Twentysomething Inc., a staggering 85 percent of college seniors planned to move back home after graduation last May.
Sunday, September 19, 2010
The Case For Bigger Government
Something I never thought I'd say. :)
This is a great interview on the Lew Rockwell Show of Dr. Mark Thorton
Here is the link
This is a great interview on the Lew Rockwell Show of Dr. Mark Thorton
Here is the link
Sunday, August 15, 2010
Sunday, February 7, 2010
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