Friday, December 08, 2006

A deeper understanding,

Some people today misunderstand how important freedom is to a healthy economy. Such people believe that it would be a good idea if jobs stayed within the borders of a given country and not be outsourced to another country. Many Americans see outsourcing of jobs as hurting the American economy. Hear me loud and clear: there is no Canadian economy, American economy, European economy etc. At least not in the form that most people imagine. Ask yourself the following question: How many of the products you use daily are made within the country you live in?

Tuesday, November 21, 2006

The behavior of prices,

I recently bought a very good office chair at a yard sale for five dollars. The same chair would cost a lot more at a retail store, does that mean that the retail store is gouging its customers on the price of office chairs?

Thursday, November 16, 2006

We'll miss you Mr. Friedman,

At age 94 the father of sound economic teachings has died. Milton Friedman is his name and he passed away today; we shall all miss him. If you like this blog I encourage you to scan the internet for articles written by Mr. Friedman. You will no doubt learn a lot.

Monday, November 13, 2006

Economics is lacking in important places,

I personally like Tim Russert, but he should brush up on his economics. Take a look at this video to see what i mean.

Friday, November 03, 2006

Educating the masses,

Many people who understand simple rules during a sports event, can't understand the same rules when it comes to economics. The people who immediately call for government to lower gas prices as soon as the economy takes a dip, wouldn't immediately place a player on the bench for striking out one time during the World Series.

Thursday, October 26, 2006

Forget the facts and figures,

Here's a humorous quote I heard recently; if you understand this quote then your understanding of Capitalism is good.

"The big difference between sex for money and sex for free is that sex for money usually costs less."

Forget about those fancy facts and figures.....that quote describes Capitalism's truths well.

Sunday, October 22, 2006

Good point Tom,

Tom Sullivan of KFBK radio made an excellent point on his show. He said that that a lot of investors fail to understand the logic of buying and selling. A lot of investors want to get out of the market when prices of stocks drop and they wish to get into the stock market once prices go up. As Tom correctly pointed out it should be the exact opposite; people should act the same way towards prices on Wall Street as they do towards prices at Macy's. In other words buy when the price is low, don't panic. Common sense helps a lot in Capitalist countries.

Tuesday, October 17, 2006


Ok this is an easy one. Why does anyone need to have the government steal their hard earned money and give it to someone else? I could make this a fancy post but it gets no simpler than that. Anti-Capitalists want to steal money and redistribute it. Why? Perhaps politicians, school teachers, and some of today's parents teach our young people that it is a noble thing. Perhaps.

Monday, October 09, 2006

Inside the mind of a Capitalist,

Here's a good quote by Leo Buscaglia

"Value yourself. The only people who apprecaite a doormat are people with dirty shoes." -Leo F Buscaglia

Thursday, October 05, 2006

What's really important?

A lot of people frown on low paying jobs. They see them as anything but good for the average worker. See Wikipedia's entry for McJob. However, most people working such jobs are high school aged young people. To them the pay is not the important thing. What is most important is the job skills they learn such as getting to work on time, respecting coworkers, and obeying supervisors. That is what is really important.

Friday, September 22, 2006

An overlooked concept,

Leftists who constantly rant about "the poor" in America say that poor people are doomed to a life of misery. They also blame Capitalism for their misery. But thanks to Capitalism poverty is under the control of the individual. The real problem that such leftists make is they fail to realize that poverty is overcome by optimism. For instance, a lot of low income people fail to buy stocks because they don't think they are able to. A lot of low income people don't use resources like libraries, churches, and family because they don't think it will do them any good. With that kind of pessimism poor people will stay poor.
Capitalism honors optimism.

Monday, September 04, 2006

The main ingredient,

Capitalism does have its opponents. The opponents often ask why Capitalism is superior to other systems like socialism and communism. The thing that makes Capitalism superior to other forms of government is freedom. Have you noticed the leadership of communist countries? Castro, Mao, and Stalin forced communism upon the people in their countries. In the United States the people freely choose Capitalism.

Monday, August 28, 2006

Understanding poverty,

Liberals have always preached about the plight of poverty in America. But I am betting that conservatives understand poverty much better than liberals. Ask yourself this: Who is more likely to agree that America is the greatest country the world has ever known, liberals or conservatives? Of course conservatives would be the answer to that question; conservatives know the greatness in America because they understand how poverty looks in other nations. Liberals on the other hand think being poor in America is equivalent to the harsh reality that starving children have to endure in Africa. So now who do you think truly understands poverty more, liberals or conservatives?

Wednesday, August 16, 2006

Reaganomics works every time,

A lot of Reagan-haters insist on labeling anything pro-Capitalist as "trickle down" economics. (or Reaganomics) As if Reagan's idea of pro-Capitalism economics was wrong. First of all "trickle down" does work every paycheck period in America; the employees receive money handed down from the company that hired them. So it is silly to say "trickle down" never works. It works every pay day. And you never thought it would be so simple to understand did you?

Tuesday, August 08, 2006

Be careful what you wish for,

Everyone wants an alternative to gasoline right now. If we get such a thing tomorrow how will it impact us? One thing a lot of people consider is how much happier they would be if we had such an alternative. But upon receiving a replacement to gasoline, the current price of gasoline would drop and a lot of people would forget about the new technology and go with the cheaper price of gasoline. Then what happens to the new technology? Will it be able to compete with the gasoline prices once they drop? Just a thought.

Thursday, August 03, 2006

What do the people want?

Do you want minimum wage raised? If you are educated in economics you don't because you know anytime the minimum wage is raised jobs are lost. No exceptions. Recently Republican senator Sam Brownback told Neil Cavuto on Fox News that an increase in minimum wage is what American citizens want. Hmmmm......I wonder if he is aware of how much more informed American citizens are now thanks to the new media.

Monday, July 31, 2006

I'm back!

No, this blog isn't dead. Will be more great info coming soon.

I was just honorably discharged from the Army, hence me being gone, but Im looking forward to teaching economics again!

Wednesday, May 24, 2006

Keeping success valuable,

With all the talk about Wal-Mart shutting down small businesses, let me give you a direct statement. Here it is: Those businesses that are shut down by Wal-Mart deserve to fail. For two main reasons (1) Those businesses have failed in offering goods and services that most people consider to be valuable. (2) Success is cheapened if we do not allow failure to happen when it is deserved. It is damned difficult for a mom and pop shop to compete with Wal-Mart. But until the mom and pop shops stand up to Wal-Mart and compete they shall never experience the joy of a David versus Goliath type victory. Great success only happens when failure is faced and accepted. When failure is not faced, success is weakened and loses its great value.

Monday, May 15, 2006

Longing for Reaganomics,

Ronald Reagan understood the beauty of Capitalism. He knew that big government is Capitalism's biggest enemy. After teaching us that lesson, he told the nation that: "Nothing lasts longer than a temporary government program." Unfortunately President Bush has spoken in favor of a temporary worker program for illegal aliens from Mexico.(During his speech to the nation 5/15/2006) Temporary....yea, sure.

Sunday, May 14, 2006

Should we tone it down?

On the May, 14th 2006 edition of Meet The Tim Russert asked if bloggers, talk radio, and cable news should "tone it down"? (tone down the rhetoric he says). I like Tim Russert personally, but I have to wonder just why he would ask such a question. Readers of my blog have achieved a better appreciation for Capitalism. All the other media outlets he mentioned also have done a good job of getting pro-American messages out there. I will continue to watch and enjoy Tim Russert for now, but I must say I am disappointed.

Tuesday, May 02, 2006

Ideas for sell,

We all have ideas and thanks to Capitalism we can profit from them. It is easy to see this in action when someone invents a car and sells it. But if you look at it deeper you see that the design of the car had to be thought of, so did the car's color, and so did the design of the car's interior. All people with such ideas can make money under a Capitalist system. If you are not in good physical health to lift heavy equipment on an assembly line, then you could learn to paint and sell portraits. Aren't you glad that Capitalism makes anybody with ideas a success?

Saturday, April 29, 2006

A perfect time ,

With all the discussion of gas prices going on, I want to ask you to think outside of the box. Instead of focusing on the gas prices and the solution to them, take this time to focus on what people are saying and remember the names of the people who attack Capitalism as being responsible for high gas prices. Don't let them get away with denying that they are Socialists later on.

Friday, April 21, 2006

What I've learned while away,

During the lengthy time I've been absent from this blog, Ive had time to read a good book that helped me better appreciate America's vision of freedom. The book was Days of Infamy by Harry Turtledove. In short it is a "what if" fiction story of the Japanese capturing Hawaii shortly after Pearl Harbor. Prison camps (Japanese prison camps) were set up in Hawaii and American soldiers were fed little or nothing to eat and treated very badly. It helped me realize that if liberal ideas prevail and today's terrorists win .......poverty (liberals hate poverty,you know) could be forced upon Americans by our enemy. May all Capitalists take heed and fight to win this war.

Wednesday, April 05, 2006

A unique Ayn Rand quote:

"Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter."-Ayn Rand

Sunday, April 02, 2006

Check the facts,

This guy is rewriting history!
The government reached out to help people during The Great Depression and did more harm than good. It is a lie from Leftists that people were helped greatly by government during The Great Depression.
Later on in the 60's LBJ's Great Society came along to help people less fortunate, and again did more harm than good for the less fortunate. Again history has been rewritten by Leftists who still regard the Great Society plan as a success. Throw away the goverment school textbooks!

Saturday, March 25, 2006

Health Insurance part II

A reader of my last post asked me if I was insisting that insurance prices are artificially high, due to businesses paying for insurance for their employees. Im not sure what his definition of "artificially" would be, but I do lean towards answering "yes" to his question. The focus is not on insurance businesses....but on government. Ask anyone over 70 years of age if they remember "affordable health care". Almost every one will tell you they do. At the time of affordable health care there wasn't pressure on businesses to be responsible for paying the bill of their employees' health care. During the WWII era many companies offered "fringe benefits" such as health care to sway employees to work for them. The reason the businesses did so was because laws were passed preventing the businesses from offering more pay, so the businesses decided to offer health care instead.

Ask someone over 70 years of age if they noticed a difference in health care prices after government and businesses became involved in the health care industry. They'll answer "yes" for sure.

Friday, March 24, 2006

A simple solution,

Health insurance is very expensive. But there is a way to lower the prices almost over night; all that would need to happen is for all employers to drop health insurance coverage for their employees. Why? Because people would not be able to afford it and in order for the insurance companies to have customers they would have to lower their prices.
Good luck on getting people to support such an idea though; too many people think it is a great idea for businesses to be responsible for everyone's health.

Saturday, March 18, 2006

Clear your desk for a quiz

Take the time to do this quiz courtesy of Don Hagen. Click on the image below.

Some things you don't learn in school

When gasoline prices rise, do you think of it as a bad thing? Let me tell you what it really does. High gasoline prices tell oil companies " can make a killing right now if you get in there and offer customers a cheaper price for their gasoline!" As a result gas prices did you learn that in school?

Friday, March 10, 2006

Hang in there,

Sorry if you folks have been missing my wit; im busy these days as I approach my college graduation in May. I promise more posts are in the future. I want you all to know I'm still here and currently developing new ideas for this blog. Love you all and thanks for reading.-Josh

Saturday, March 04, 2006

A view of life,

Some people (probably most people) see the minimum wage law as a good thing; that tells us a lot about how econ-ignorant people are. My opinion is that such ignorance has more to do with a person's view of life than any other factor. Minimum wage supporters say that the law "helps the poor", but it has been proven many times that minimum wage laws raise unemployment among poor people. The people who continue to support minimum wage after the facts have shown how it hurts the poor, do so because of their view of life. Their view of life is that emotions (pitying the poor) are more important than truth.

Thursday, March 02, 2006

What is fair? / What is right?

Capitalism teaches us that it's important to do what is right, not what is fair. If you don't do what is right, you can spend an entire day doing what is fair and make no progress. Universal health care may be fair, but it isn't right. (of course it isn't fair either if you understand how our tax system works) Give this simple truth some thought and you will begin to adopt a Capitalist mindset.

Saturday, February 25, 2006

Check out Capitalism's Truths on the pod!

I now podcast at Check it out and call my line to the show at 206-338-5655. It will sound better; I had to do the first show using a cheap mic....that'll for sure change.

Friday, February 24, 2006

Rewriting history,

Communists/Leftists/Anti-Capitalists often rewrite history; particularly on university campuses. A good example is the legacy of Che Guevara. He is seen as a hero by Leftists and championed as someone who led a revolution. But did you know that Guevara never led a revolution? That's right....NEVER! He was a murderer and a thug; someone not worth remembering. The Anti-Capitalists are constantly rewriting history, do not be fooled by them.

Thursday, February 23, 2006

Quote of the day,

"When goods don't cross borders, soldiers will."-- Frederic Bastiat

Saturday, February 18, 2006

Real value,

John Conlee

If a job doesn't pay a lot, does that make the job a waste of time? There are many ways to answer that question; a capitalist mind knows how to wisely answer it. John Conlee had a song about a man who wisely answered the question:

"Wherever I'm workin', whatever it's payin', It doesn't matter. Long as it's workin' with you.......
I may never have much silver & gold; but I've got something more precious & warmer to hold." -(As Long as I'm Rockin With You)

Friday, February 17, 2006

Too many cooks spoil the broth,

Think of a program that you would like to see the government perform. You can't get such a program passed without the support of others; others of course will only pass the law if it includes something to benefit them. After that it will have to be enforced, and you can't enforce it yourself. You will have to depend on others to enforce it; they will enforce it using their own (biased) judgments. Government programs are never as good as people intend them to be.

Thursday, February 16, 2006

Quote of the day,

"The future of the world is either European secular socialism, Islamic totalitarianism, or the unique American combination of Judeo-Christian religiosity and political and economic liberty." -Dennis Prager

Wednesday, February 15, 2006

Quote of the day,

"The most basic question is not what is best but who shall decide what is best. "
-Thomas Sowell

Please welcome Harry Browne,

Harry Browne's book "Why Government Doesn't Work" is a must read for anyone who loves Capitalism's Truths. He uses very simple English to explain the faults of big government programs. In the first chapter he explains what makes government different from other organizations like the Red Cross and the Boy Scouts; the difference is coercion. Browne says that the government forces people to comply while other groups only persuade. I want to encourage all of you to read this book; you will learn a lot.

Tuesday, February 14, 2006

Let's have a beer Boortz,

I couldn't have said it any better; here's Neal Boortz on wealth envy:

"Wealth envy is usually an excuse-making or defensive mechanism for those who have failed to become what they would consider to be "rich." These people can't understand why this is so. After all, they're good people aren't they? And they work just as hard as anyone else does! Yet they're not wealthy! It can't be them! It must be the other guy! So, they take comfort in believing that wealthy people must have acquired their wealth through dishonest means. By cheating people, exploiting people, and by using crooked lawyers. The real problem with this, other than the fact that it simply isn't true, is that the person who develops this wealth-hatred is really programming himself or herself to remain in their present economic situation. If you have convinced yourself that to become wealthy is a bad thing, then why in the world would your subconscious mind ever allow you to make the decisions or take the actions that would lead to wealth?"

Email Neal Boortz here, and encourage him to have a beer with me!

Sunday, February 12, 2006

Anti-capitalists exist in many places,

Bruce Jacobs

Bruce Jacobs, a sports talk radio host on Foxsports radio, answered a question for me last night. I sent him an email asking him if he agrees with Rush Limbaugh's claim that the sports media is as liberal as the news media. He read the email on air and said he thinks the sports media is worse than the news media about liberal bias. No doubt the crusaders against Capitalist ideas exist in more places than one.

Friday, February 10, 2006

Watch and learn,

It's convenient that one can learn from others in a Capitalist society; if a person decides to become successful they have the chance to learn from those who are already successful. Unfortunately liberals choose to attack the successful members of society; that makes it easy to understand why such liberals are often unsuccessful members of society. When given the chance to learn from successful people, liberals would rather attack them.

Wednesday, February 08, 2006

Quote of the day,

Here's a quick fact about free trade courtesy of Dr. Walter Williams of George Mason University:

"The bottom line is that free trade, while it might mean painful adjustments for the few, benefits immensely the many through cheaper prices and wider choice."

Walter E. Williams

Monday, February 06, 2006

Debunking price gouging,

Liberals love to use the term "price gouging" whenever they think a price of a product or service is too expensive. But in a free market system price gouging can't least not for long. Is the high price of a Superbowl ticket a result of price gouging? After all it is only a ticket to a football game. The answer is of course no; the high demand results in the high price. It's not rocket science.

Wednesday, February 01, 2006


I have known people who didn't own much wealth but were thankful for the wealth they did own. On the other hand there are others who live in conditions that most of the world would envy and yet remain unsatisfied by what wealth they own. If you had to walk miles to work at some point in your life, you wouldn't worry about not being able to afford a Cadillac; any car that you could afford would satisfy you. If you come to America from a country that had no hospitals or doctors in the entire country, then you wouldn't worry about having expensive health care; you'd be thankful for the health care that is present in America. To steal a line from the liberal song "Where Have all the Flowers Gone?": "When will they ever learn, .........when will they eeeevvveer learn?"

Monday, January 30, 2006

Why the naysayers lose,

Liberal politicians have for years labeled rich people in America as greedy and evil. Politicians who make those attacks lose elections. (ex. John Kerry) Bill Bennett gave a simple explanation for this on his radio program. He said the reason attacking the rich doesn't work in America is because most parents believe their children are going to be rich. Bennett is correct; only capitalism can offer such hope and Americans thankfully understand that.

Bill Bennett

Thursday, January 26, 2006

The Comedian / The Entertainer,

Could Howard Dean and comedian Jeff Altman be related? You be the judge.

Howard Dean

Jeff Altman

Tuesday, January 24, 2006

Don't tell me it's not contagious,

I've always said that it is human nature to be a Capitalist. Once a person is given freedom, that person begins to think like a Capitalist. Thanks to America's influence in the world, more people are beginning to see that Capitalism provides a bright future for any nation. Canada thankfully has elected a conservative to run their country (Stephen Harper); I have no doubt that America's success under Capitalism is responsible for such a thing. Freedom is contagious!

Stephen Harper

Sunday, January 22, 2006

Only under Capitalism,

We hear a lot about "racism" and how it holds certain people back. Racism can't hold anyone back in a Capitalist economy. In the 1960's many black actors faced racism on the entertainment market. Black actor Duane Jones famous for his lead role in "The Night of the Living Dead" beat the odds however. Suprisingly his role in the movie was originally going to be given to a white male truck driver. But when Duane Jones auditioned for the role, his work ethic proved to be better than any of the actors George Romero could find for the part. Effort pays off under Capitalism....even when the odds are against you!!

Saturday, January 21, 2006

Politics vs. Reality,

Liberals often say that with the right politicians in Washington, our troubles will go away. They say the right social programs and political moves will end racism, oppression, and poverty. Look at what liberal columnist Maureen Dowd said on Meet The Press on August 8, 2004:
"..the neocons wanted a utopia in Iraq."
All conservatives wanted for Iraq was freedom; in 2006 liberals still think a utopia is possible in the United States.

Thursday, January 19, 2006

Honesty about poverty,

A reader of my blog asked for the facts on poverty. Just click on Walter Williams below and read his article.

Walter E. Williams

Wednesday, January 18, 2006

The embarrassment of big government,

If I were to list all the reasons why a overgrown government is bad, this post would be so long and boring you wouldn't care to read it. I can tell you one of the many reasons to oppose a strong government is because such a government encourages thuggery. In fact big government is responsible for so many people saying "all politicians are crooked". The liberal politicians (Democrat and Republican) who often talk about helping poor people, steal money from people who have it in order to give it to others who have less. Doesn't that sound like thuggery?

Saturday, January 14, 2006

Capitalism honors those who create,

"If people only knew how hard I work to gain my mastery, it wouldn't seem so wonderful at all." -Michelangelo

It has become popular to attack "big business" today. People often accuse companies like Wal-Mart of exploiting workers and making "excessive profit". But the people doing the complaining never stop to think about why Wal-Mart and other major corporations are successful. The easy answer is...hard work; the successful companies work hard at pleasing the customer. Otherwise the company can't become successful, at least not in a Capitalist country like the United States. If you will be creative enough to form ideas to please others, you will become successful no matter how poor you are. Wal-Mart is a good example; it isn't magic.

Thursday, January 12, 2006

America's Anchorman/ Mayberry's Mayor

I think our much loved hero Rush Limbaugh might have been the mayor of Mayberry in a past life...

Mayor of Mayberry
(The Andy Griffith Show)

Rush Limbaugh

Tuesday, January 10, 2006

Tell the whole truth,

Did you know that poor people in America usually become rich at some point in their lives? It's true. So if we give a government check to a poor person, he is likely to get dependent on that check and miss out on his chance to be rich. Knowing that, do you now think government welfare helps or hurts poor people?

Monday, January 09, 2006

Paving the way,

Soon to be Supreme Court judge Samuel Alito is in the news now; his appointment is good news. With more conservative judges in our Supreme Court we can expect more freedom from government. We have an out of control tax system in America but it didn't form over night. Politicians and judges have gradually moved us towards it; thanks to Americans realizing the importance of economics, George Bush was re-elected and he is appointing judges that will give American citizens the freedoms that George Washington had in mind. Capitalists are paving the way to a better America.

Samuel Alito

Sunday, January 08, 2006

Embracing change,

Capitalism welcomes change. Why? Because change is always for the better in the long term. In man's early attempt to fly all sorts of funny looking machines were made that couldn't fly, but those failed inventions helped man learn the right way to build a airplane. Change doesn't have to be scary; in reality it is liberating. Look at the America of the 1950's and compare the technology of that time to today's technology. That alone should explain it plainly.

Friday, January 06, 2006

A divide among conservatives,

George W. Bush is thankfully pushing to make tax cuts permanent. He will have no problem getting support from a majority of conservatives. Unfortunately some conservatives don't grasp the basics of economics. Such conservatives are very much against free trade. Pat Buchanan is a good example, he supports tariffs and calls for an end to American trade with countries like China. Buchanan fails to realize that it is misleading to say "America trades with China"; it could be correctly stated by saying "American citizens trade with Chinese citizens". Stopping free trade would restrict individual freedom among citizens. Buchanan also fails to realize that trade restrictions do not have a history of defeating oddball governments in other countries.

Pat Buchanan