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Milton Friedman Schools Phil Donahue
This is one of the best two-minute videos I've ever watched. In it, famed economist Milton Friedman lays waste to Phil Donahue's naive socialist prattle and skepticism about the free market.

Putting these men side-by-side is the greatest of contrasts: It's the giant and the court jester. The saddest part of it all is that today, decades later, Donahue is older and grayer but just as ignorant. And that's a liberal for you. They can bask in the glow of greatness and still avoid the tan of Truth. Talk about casting pearls before swine.

Ron Paul: "You Can't Reinflate the Bubble!"
Although Alan Keyes was my candidate of choice in this past election, I give Ron Paul a lot of credit for his honesty and his respect for constitutional dictates. In this video he's talking about how we cannot re-inflate the bubble that was our economy with faux currency, and he's absolutely right. 

It is deceptive to say that the government is trying to spend its way out of the current economic morass. Uncle Sam is trying to print its way out of it.

The sad fact of the matter is that our Federal Reserve is a legalized counterfeiting operation. To illustrate the problem, consider that about 100 years ago the dollar was worth 100 cents when valued against gold or silver. What is it worth at this point?

About four cents.

For many decades now our government has been printing money that has nothing behind it, and this has diluted the value of our greenbacks. This is called "expanding the money supply," and it is a form of hidden taxation since it leads to inflation and devalues the dollars in our pockets.

The way I see it is that our whole monetary system is a sham. We need a currency backed up by more than just the good faith and credit of the U.S. government -- part of which is Barney Frank.

In Defense of the White Man

By Selwyn Duke

While many believe that prejudice has diminished over time, it’s not really true.  Prejudice is much like the wind: Its direction changes, and the sheltered and well-situated may not sense it, but it’s always blowing on some people somewhere.  Put literally, every age has its fashionable biases – and unfashionable people.

The Right: Losing the Language and Losing the Debate

By Selwyn Duke

Proposition 8 is still under legal assault in California. But whether or not traditionalists lose this battle, their loose tongues help guarantee they will lose the war.

According to the left, we traditionalists just aren’t as smart as they are. We’re not college professors, 95 percent of whom are registered Democrats. We’re not national mainstream-media journalists, only 8 percent of whom don the conservative label. We’re not Hollywood types, 83 percent of . . . wait, what was I talking about? Oh, yeah, intelligence.

Read the rest here.

When Small Men Cast Big Shadows

By Selwyn Duke

"When small men cast big shadows, it's a sign that the sun is about to set." -- Lin Yutang

When I read the above proverb, I can't help but think about our time.  Can anyone deny that we have become the land where small men cast big shadows?  Think about it.  The Simon & Garfunkel song asks, "Where have you gone, Joe DiMaggio?" but it would be better to ask where Mozart, G.K. Chesterton, Edmund Burke and Thomas Aquinas have gone.  And one thing we'll ask that's similar is, "Where are all the leaders?" but it's the wrong question.  We should ask, "Where are all the followers?"

Big Brother is Watching You: A "Camera on Every Corner"

By Selwyn Duke

If you know anything about Chicago's Mayor Richard Daley, you may understand that he is one of the truly odious characters on the American political scene.  He is the quintessence of a leftist: Ever ready to wax sanctimonious, act paternalistically, and micromanage people lives while being thoroughly corrupt in his own.

Is Anyone Smart Enough to Micromanage an Economy?

The always-perspicacious economics professor Walter Williams' latest column contains an excellent explanation of why it is impossible for anyone, no matter how brilliant, to micromanage an economy.  What he says is something wise people know instinctively, but, nevertheless, it's worth a read.  If nothing else, it may provide you with another way to explain the truth contained therein to others.

Excerpts from a Cat's Daily Diary

By now, I'm sure you've all heard the story about the pet chimp in Connecticut (the rumors that he was an ACLU lawyer are unfounded) who attacked a woman.  Well, on the heels of that comes another warning about how your love for your pets may in fact be unrequited. Take heed. (What follows has been circulating throughout the Internet.)

Giving Obama a Chance

By Selwyn Duke

Being a cerebral sort, when I ponder President Obama’s seduction of America, I think of the story of the snake and the duck.  To be brief, the snake wants the duck to take him to the other side of a creek, but the duck is reluctant.  He says, “But when we get there, you’ll bite me.”  The snake is very persuasive, however, and convinces the duck he wouldn’t do such a thing.  He just wants help and would have the utmost appreciation.  Well, I think you know what happened upon concluding their little crossing.  Bam!  The snake bit the foolish bird, who then started stammering, “Bu-bu-bu-but you said . . . .”  The snake just replied, “Hey, you knew what I was when you picked me up.”  I suppose the duck just wanted to give the serpent a chance.

Our Topsy-turvy world: Invaders Awarded Money in Suit Against American Citizen

By Selwyn Duke

In keeping with the practice of arresting parents who spank ill-behaved brats and having taxpayers subsidize borrowers who can't live within their means, a rancher has just been punished for defending his own property.  Writes Reuters: