Monday, July 18, 2011

Economic Myths: Gov Spending Helps the Economy

Milton Friedman explains the silliness of one of the most persistent economic fallacies of the left; that government spending is good simply because those who get paid by government, then spend their earnings in the economy. As Friedman explains, real production has not changed; we have only reallocated it. And real production is what matters in an economy. Consumption is simply a way to allocate real production.

Sunday, July 3, 2011

Correcting Liberal Myths: America Is Not a Democracy

One of the left's most pernicious (and widely believed) myths, is that America is a democracy. It’s not. America is a Constitutional Republic. In fact, America’s founders did everything they could to keep us from having a democracy. In the Federalist Papers (number 10), James Madison, known as the father of the Constitution, wrote.
“Democracies have ever been spectacles of turbulence and contention; have ever been found incompatible with personal security or the rights of property; and have in general been as short in their lives as they have been violent in their deaths.”
This powerful, 10-minute video clearly demonstrates the difference between what the Democratic party and its elites and special interests champion—Democratic Rule—and what the founding fathers bestowed and the Tea Party movement is fighting for—a Constitutional Republic.

An excellent podcast that expands on the destructive myth of American Democracy can be found at the