Monday, October 31, 2005

Inexpensive yet costly,

Even if you can purchase something at a cheap price, you still may pay a huge cost for it. A good example would be illegal labor from Mexico. Some Americans see it as a good thing to have Mexicans work for cheap wages to build houses. They reason that since the Mexicans work for small wages, the houses will cost less. As far as price goes that may be true. But cost includes more than prices; in this case it includes longer waiting lines in doctors offices, higher taxes to supply health care to illegals, and any crime that illegals may bring here with them. That's an expensive cheap house.

Friday, October 28, 2005

The original Marshall plan,

With all the news media focused on the next appointed Supreme Court Justice, i felt it appropriate to show what the first Chief Justice of the Supreme Court had to say about taxes:

"The power to tax involves the power to destroy." -- Chief Justice John Marshall, McCulloch v. Maryland, 1819

Destroy what? Initiative, freedom, productivity, and creativity. Do you really want to live in such a place? Another reason to keep Washington out of your wallet. You tell em' Justice Marshall!

John Marshall

Thursday, October 27, 2005

A stark difference,

I want to ask you two questions. (1) How do businesses like Sears and Wal-Mart take dollars from us? (2) How does the government take dollars from us?

Private businesses like Sears and Wal-Mart get our money only when they please us. The government takes our money without us having a say in the matter. Which do you prefer?

Tuesday, October 25, 2005

America's Armey,

Dick Armey said it best:

"The market is rational and the government is stupid"

That is very simple. Simple Capitalism, it's not as hard to understand as you thought.

Dick Armey

Sunday, October 23, 2005

For those who hate poverty,

Every time a nation has risen out of poverty, it did so through the power of thinking minds; not government. No nation has ever taxed itself into prosperity. Liberal programs like LBJ's war on poverty did nothing but create more poverty. Since government has proven itself unfit to win the war on poverty, why should we ever look to the government for any financial help? If you like being in poverty, thank a liberal.

LBJ, what was your exit strategy for the war on poverty?

Friday, October 21, 2005

Oh, the possibilities,

Possibilities are what make Capitalism great. Sure there are rich people who are better off than others, but if someone uses their imagination and effort they can become rich too. (In a Capitalist society) Not so under Communism and Socialism. Under those forms of government everyone is equal. Equally miserable that is.

Thursday, October 20, 2005

The uncaring masses,

A large number of people today are critical of gas companies making record profits. However gas companies at one time were struggling to make ends meet. During that time nobody cared about the financial struggles of the gas companies. But now that gas companies are making money, people find fault with that. Go figure.

Wednesday, October 19, 2005

Capitalism's Truths,

I will continue with this blog; it is something I enjoy. However I could use some help and would like to invite a volunteer to email me at You must be a firm believer in Capitalism. I could also use some help in giving this blog a new kick ass way of looking.

Monday, October 17, 2005

Marxism is tired,

I took a few minutes over the weekend to look at the Millions More Movement on C-SPAN. I noticed a lot of anger among the speakers there. They seemed to spew Marxist, Communist, and Socialist ideas as if they were the salvation of man. One labor union leader by the name of Chris Silvera praised the labor unions for such things as vacations, minimum wage, Etc. But the worst part was at the end of his speech; Silvera along with some of his pro-labor pals gave a shout of "power to the working class!!".Somebody please tell him Marxism is tired.

Chris Silvera

Friday, October 14, 2005

Ask yourself this,

People who despise Capitalism, don't understand what is wrong with big government. To answer this question for yourself just ask: "Who knows more about how to take care of myself, me or my government?" Simple, huh?

Wednesday, October 12, 2005

Why does it have to be?

Some of you have left some very kind comments on my blog. I thank you all; it's not that I'm any smarter than the next guy, I just choose to think rationally on economic matters. Capitalism's Truths are real simple: everything has a cost, cost is more than price, Socialism is a proven failure..Etc. The question you should ask yourself and others is: Why isn't everyone in the media teaching these principles since they are just common sense?

Tuesday, October 11, 2005

The People's Economist breaks it down,

While browsing Walter Williams' website, I came across a paragraph that really makes Capitalism simple. Here it is:

"But how do people earn money in a free society? Let's take the extreme example of billionaire Bill Gates, founder of Micro-Soft. There is no evidence that Gates enslaved or robbed anyone. There's a lot of evidence that millions of common people like you and me voluntarily gave him money for software programs that make life easier and more pleasurable like Windows, DOS and other products. Gates served us well and he's rich because millions upon millions of independent decision makers agreed his products were superior to the next best alternative."

Nuff' said!

Walter E. Williams

Monday, October 10, 2005

We could not ask for more,

A lot of the anti-Capitalists preach about the greedy rich and how they need to pay their fair share of taxes. But what if the rich already have given us more than we deserved? For example, the creator of heart medications has already given us a life saving drug; would it not be selfish to tell him "that's not enough, we want some of your money too."? Bill Gates helped us a lot by moving us out of the old 1980's computer systems and into more efficient systems. So maybe we ought to consider just how much the rich have already given us. By the way, shouldn't we owe them a thank you?

Saturday, October 08, 2005

Wisdom of the ages,

Most Capitalist ideas are just common sense. Common sense that has been around for quite a long time. Take a look at this ancient African proverb:

"He who is carried on another's back does not appreciate how far off the town is."

That's a good lesson in economics. When a person isn't paying their own way, they fail to see the world as a rational mind would see it. Why should they consider the consequences of their actions when someone else will suffer the consequences for them? One of the many down sides to government hand outs.

When it comes to our out of control tax system the late Bob Hope said it best:

"I have the perfect simplified tax form for government. Why don't they just print our money with a return address on it?"

That's a man that had a proper view of government and its side effects.

Bob Hope

Friday, October 07, 2005

Looks can be deceiving,

The entitlement mentality has been common in America for a long time. People feel entitled to health care, housing,...Etc. (some even feel entitled to cell phone services!) I've often mentioned on this blog how FDR's New Deal set into motion the welfare state we now have. But in my opinion the single most responsible thing for the entitlement mentality, is the illusion of free. Many people don't consider that every product and service has a cost to be paid. If free health care was truly "free", I would be all for it. But it's not free at all. Not when we as tax payers are paying the tab for others. Others who sometimes cheat the system to get unneeded health services.

Thursday, October 06, 2005

Save Us Joe Louis........

Joe Louis was an excellent example of someone who understood Capitalism and Freedom. Being a black American born and raised in Alabamba, he overcame racial prejudice to become world boxing champion. Louis's life is also a good illustration of why big government is a flop. Louis was often critical of FDR's New Deal big government programs. As a result of his hard work, and belief in the human spirit, Louis was loved everywhere; even in the South. Sadly he was taxed heavily by the IRS to the point of becoming broke; once the New Deal came along, people like Louis had to foot the bill for the "less fortunate".

In Why We Can't Wait by Martin Luther King, King has this extraordinary passage:

"More than 25 years ago, on of the southern states adopted a new method of capital punishment. Poison gas supplanted the gallows. In its earliest stages a microphone was placed inside the sealed death chamber so that scientific observers might hear the words of the dying prisoner to judge how the victim reacted in this novel situation. The first victim was a young Negro. As the pellet dropped into the container, and the gas curled upward, through the microphone came these words. "Save me Joe Louis. Save me Joe Louis. Save me Joe Louis."
(courtesy of )

Wednesday, October 05, 2005

Rights (and wrongs),

Today we have a lot of people who don't produce anything, while they demand the right to have what others produce. Such people don't recognize private property rights. Not a favorite term these days. Everyone benefits from private property rights even those who don't own property. American farmers supply grocery stores with fresh food at affordable prices because they can make money from their property. As a result the poor aren't lowered to dumpster diving to find affordable food. In the Soviet Union there was a lot of fertile land for food to grow, yet people starved. That's called Communism.

Tuesday, October 04, 2005

In short,

To whittle down the character of a Capitalist to a bumper sticker slogan, read the following quote from Martin Luther King Jr.

"The ultimate measure of a man is not where he stands in moments of comfort, but where he stands at times of challenge and controversy."

If only such wisdom was common among people today. Unfortunately we've been taught to look to the government to meet our needs in challenging times. We sure could use another Dr. King today, to possibly wake us up to reality.

Martin Luther King Jr.

Sunday, October 02, 2005

Suggested reading,

If you have a passion for Capitalism's Truths, then read Ayn Rand's Anthem; (if you haven't already) I just got around to reading it and like most of Ayn Rand's work it makes a good case for Capitalism. It concerns a young man who dares to be an individual in a world that demands communist-like behavior and sameness among people. That young man is the hero of the story and shines brightly by being a living example of what untapped human potential can do. I liked Anthem and feel strongly that you will too.

Saturday, October 01, 2005

Taking the blinders off,

Many Americans (unfortunately) have their blinders on when it comes to looking at how we should treat the recent victims of hurricane Katrina. Many Americans feel that the government should make them whole; meaning the government ought to restore all people to their original condition before the disaster. Why do Americans believe such things? In short, because those same Americans don't believe in individual effort and its power. Life guarantees nothing; the only true dependence comes from within a person. Capitalism recognizes this fact; Capitalism takes the blinders off of people.