Mises and Madison

"With respect to the two words 'general welfare,' I have always regarded them as qualified by the DETAIL of powers connected with them. To take them in a literal and unlimited sense would be a METAMORPHOSIS of the Constitution into a character which there is a host of proofs was not contemplated by its creators." -April 20, 1831 Letter from James Madison (dubbed Father of the U.S. Constitution for his role in drafting of the text; see also The Federalist Papers, published on behalf of the American system as one of limited government of by and for the people of A Free Republic)~

"MODERN CRYPTODESPOTISM, which arrogates to itself the name of liberalism, finds fault with the negativity of the concept of freedom. The censure is spurious as it refers merely to the grammatical form of the idea and does not comprehend that all civil rights can be as well defined in affirmative as in negative terms. THEY ARE NEGATIVE AS THEY ARE DESIGNED TO OBVIATE AN EVIL, NAMELY THE OMNIPOTENCE OF THE POLICE POWER [OF GOVERNMENT], AND TO PREVENT THE STATE FROM BECOMING TOTALITARIAN." -Ludwig von Mises in chapter 21, The Theory of Money and Credit~

Prov. 11:3 - If the foundations be destroyed, what shall the righteous do?

Saturday, June 2, 2012

Bill Clinton defends Mitt Romney's "Sterling business career" against Obama..

Seems like Clinton wants to get Democrats away from Marxist and anti-free market economy rhetoric and policies.

Who knows with that Saul Alinsky follower wife of his!?

Great analysis and brief background of the situation and motivation by John Hinderaker over at PowerLine blog:


"By the end of the Carter administration, the Democratic Party was discredited not only in foreign policy, but as a steward of the economy. The success of the Reagan administration, following upon Carter’s failure, seemed to assure the supremacy of free market principles.

"It took Bill Clinton to restore credibility to the Democrats, and to make it safe for businessmen to be Democrats again, by moving the Democrats back toward the center on economic issues. Clinton’s partnership with Robert Rubin made the Democrats the party of finance. For a time, it seemed that Democratic centrism on economic issues was not a mirage.

"But then the financial collapse struck and Barack Obama had the presidency essentially handed to him on a platter. It quickly became clear that troglodyte Democrats had never gone away; they had just been in eclipse [laboring and lying in wait?] for a while. Now in control of both Congress and the White House, Democrats who opposed free enterprise (but cloaked their antagonism toward free markets in anti-Wall Street rhetoric) became ascendant.

"Old-fashioned economic know-nothingism came, once again, to dominate the Democratic Party. The stagnation of the last three years has been one result."

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