Category Archives: Essays

Khan Academy’s Challenge to State-Certified Educators

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“The whole system of automatic payments based on seniority and the number of semester hours earned in night school programs and summer vacation programs is about to come to an end.  The teachers’ union is by far the most powerful single union in the United States. It is the most powerful politically. It is the most powerful economically. It is based on an illusion. That illusion is being statistically undermined every day by the Khan Academy. The foundation of the entire public school system all over the world is being undermined free of charge every day. A man with no training as a teacher is clearly the best teacher in the world. This is demonstrated by the number of students he has.”

http://www.garynorth.com/public/12661.cfm

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Neofeudalism’s Tax Donkeys and the Battle for Control of Resources

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“Those with access to the low-interest unlimited credit spigot of the Federal Reserve are free to snap up tens of thousands of houses and tens of thousands of acres of productive land, along with other rentier assets such as parking lots and meters, fossil fuels in the ground, and of course the engines of credit creation, the banks.  Should a legitimate (as opposed to black market/cash business) small business manage to open its doors, it faces a blizzard of junk fees, permits and taxes that make its survival a dubious prospect. No wonder self-employment and small business are in structural decline.”

http://www.oftwominds.com/blogjuly14/tax-donkeys7-14.html

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Bill Bonner: Confessions of a Former Child Laborer

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“As soon as we were able, we went to work in the tobacco fields. In the 1950s and 1960s, tobacco was a cash crop in southern Maryland, where we grew up. But it was pénible: It was labor intensive and the working conditions were tough.  Labor was becoming more and more difficult to come by. Tenant farmers were packing up and moving to Washington DC, where they could get jobs in the government.  That left family. Boys – sons, cousins, nephews, friends – were rounded up in late August and put to work cutting, spearing, hauling and hanging tobacco.  We boys – earning about $5 a day, with no pénibilité points – were unaware of the painfulness of it. Instead, we made it a sport.”

http://www.bonnerandpartners.com/confessions-of-a-former-child-laborer/

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Doug Casey on Opting-Out

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“When you’re from more than 50 miles away, you’re a novelty, people are interested in meeting you and talking to you. If you stay in your native land you are just one of millions of others that have the same background and skills. You’re nothing special. So that’s why it’s good to arbitrage yourself, by transplanting yourself.  There’s a danger in taking a normal 9-5 style job: you may get in to a rut and stay there, eventually finding yourself trapped by gradually climbing a corporate ladder. One thing leads to another and before you know it you’re fifty-years-old and most of your options are closed. I think it’s better to hit the road and do the unconventional.”

http://isil.org/doug-casey-on-opting-out-from-the-state-formal-education-and-standard-employment-2/

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Why I Am Leaving California After 52 Years

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“California has the fourth-highest state and local tax burden in nation according to the Tax Foundation. Yet, my fellow citizens blithely approved 23 of 30 local government tax increases across the state in the June 4 elections. At the same time, they approved 42 of 55 proposed ballot initiatives to raise local government or school debt even though California has the highest total state and local government debt in the nation according to State Budget Solutions.  In California, with no oversight and no transparency, regulatory agencies pass rules by the thousand and never measure if they actually work or worry about how much they cost.”

http://reason.org/news/show/why-i-am-leaving-california

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Bill Bonner: Jailhouse humour

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“We’re not going to let a little thing like forced labour spoil our Freedom Fest holiday.  Anyway, it is only poor people who get caught up in the prisons’ slave market. So, we have nothing to worry about. We can hire a shyster lawyer when we need one.  Besides, we like the Land of the Free. Which is to say, we appreciate hypocrisy. After all, it is the ‘homage that vice pays to virtue’. Without it, virtue wouldn’t get any strokes at all.  Free minds and free markets are virtues too. Nobody cares about them either. Not in America. We have the schools to shackle minds. And we have the feds to lock up, beat up, and tie up the markets.”

http://moneyweek.com/bill-bonner-jailhouse-humour/

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The World’s Biggest Ponzi Scheme Exposed

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“The poor saps in this Ponzi scheme are on the hook for a whopping $222 TRILLION!  Just like Charles Ponzi and Bernie Madoff, paying off promises with other people’s money is exactly how the United States Government operates.  For decades, the US government has been racking up debt in your name and the names of your loved ones.  Your personal stake in this Ponzi scheme is $714,000 and growing. Even newborn babies are immediately stuck with this bill!   And it’s not like the United States Government is doing all of this for our own good. Ponzi and Madoff stole to live a life of luxury. What the American government is doing with your money is much, much worse…”

http://www.bonnerandpartners.com/ponzi/

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Ron Paul on the Evolution of Freedom in the 21st Century

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“Fewer people depend on regular TV and you see more programs being deleted from TV. So the Internet is the wave of the future and that’s one of the reasons the freedom movement is growing, because it’s not dependent on the establishment. When I got interested in these ideas in the ’50s and ’60s it was very, very difficult to get any information but today it’s so easy and it spreads like a wildfire.  It is worldwide. I’ve said it so many times – this is not a Republican deal. If the ideas are correct they will be pervasive.  Interventionist foreign policy and Keynesian economics was endorsed by the Republicans and Democrats; they just argued over who got to be the managers.”

http://www.thedailybell.com/exclusive-interviews/35418/Anthony-Wile-Ron-Paul-on-the-Evolution-of-Freedom-in-the-21st-Century/

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Thoughts from the Frontline: The Age of Transformation

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“It’s not too much of a stretch to say that we’re in a race between how much wealth and value and improvement in lifestyles human ingenuity can create versus how much destruction of wealth and lifestyles governments can destroy.  It is a tendency of ours to take our recent past and project it in a linear fashion into the future.  And while we all acknowledge that change is happening faster today than it did 20 or 30 years ago, we really don’t expect the pace of change to quicken in the future. The next 20 years, we figure, will more or less unfold as the last 20 years has. Not a chance. That assumption is missing the second derivative of change – the acceleration of the pace of change.”

http://www.mauldineconomics.com/editorial/thoughts-from-the-frontline-the-age-of-transformation

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How an Online Business Can Help You Internationalize

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“Many people are seeing the opportunity to internationalise themselves by either starting an Internet-based business or restructuring an existing business to be operable over the Internet.  An Internet-based business does offer the potential to create an income that is either equal or similar to that which one would enjoy ‘at home,’ whilst still living in another country. In addition, in many cases, this is possible without having to change clientele or learn a new language. Therefore, the Internet-based business tends to minimise the level of change that one would need to go through in an effort to internationalise.  Best of all, the Internet is not regulated by any country at present, which allows for tremendous freedom.”

http://www.internationalman.com/articles/how-an-online-business-can-help-you-internationalize

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