Archive for May, 2011
Paul Allen–Idea Man: A Memoir By The Cofounder of Microsoft–Videos
Paul Allen shares his ‘ideas’
Paul Allen – Revolutionary Idea Man
Paul Allen on Gates, Microsoft
Charlie Rose – Paul Allen 04/18/11
Idea Man by Paul Allen, read by Doug Shiloh 4-20-11
“…Synopsis
“The entire conversation took five minutes. When it was over, Bill and I looked at each other. It was one thing to talk about writing a language for a microprocessor and another to get the job done . . . If we’d been older or known better, Bill and I might have been put off by the task in front of us. But we were young and green enough to believe that we just might pull it off.”
Paul Allen, best known as the cofounder of Microsoft, has left his mark on numerous fields, from aviation and science to rock ‘n’ roll, professional sports, and philanthropy. His passions and curiosity have transformed the way we live. In 2007 and again in 2008, Timenamed him one of the hundred most influential people in the world.
It all started on a snowy day in December 1974, when he was twenty-one years old. After buying the new issue of Popular Electronicsin Harvard Square, Allen ran to show it to his best friend from Seattle, Bill Gates, then a Harvard undergrad. The magazine’s cover story featured the Altair 8800, the first true personal computer; Allen knew that he and Gates had the skills to code a programming language for it. When Gates agreed to collaborate on BASIC for the Altair, one of the most influential partnerships of the digital era was up and running.
While much has been written about Microsoft’s early years, Allen has never before told the story from his point of view. Nor has he previously talked about the details of his complex relationship with Gates or his behind-closed- doors perspective on how a struggling startup became the most powerful technology company in the world. Idea Manis the candid and long-awaited memoir of an intensely private person, a tale of triumphant highs and terrifying lows.
After becoming seriously ill with Hodgkin’s lymphoma in 1982, Allen began scaling back his involvement with Microsoft. He recovered and started using his fortune-and his ideas-for a life of adventure and discovery, from the first privately funded spacecraft (SpaceShipOne) to a landmark breakthrough in neuroscience (the Allen Brain Atlas). His eclectic ventures all start with the same simple question: What shouldexist? As Allen has written:
To me, that’s the most exciting question imaginable. . . . From technology to science to music to art, I’m inspired by those who’ve blurred the boundaries, who’ve looked at the possibilities, and said, “What if…?” In my own work, I’ve tried to anticipate what’s coming over the horizon, to hasten its arrival, and to apply it to people’s lives in a meaningful way. . . . The varied possibilities of the universe have dazzled me since I was a child, and they continue to drive my work, my investments, and my philanthropy.
Idea Man is an astonishing true story of ideas made real. …”
http://www.youtube.com/watch?v=QIFl7SWWAvg
Over the weekend I read two books, The Facebook Effect and Idea Man: A Memoir By The Cofounder of Microsoft.
I recommend both books and would read them back to back.
I concluded that Gates made a big mistake when he apparently tried to dilute Allen’s ownership share of Microsoft.
Background Articles and Videos
Paul Allen Sues Apple, Google and Others Over Patented Technology
Paul Allen Web Site
Paul Allen
“…Paul Gardner Allen (born January 21, 1953) is an American investor and philanthropist who co-founded Microsoft with Bill Gates and is one of the wealthiest people in the world with a personal wealth of US$13.5 billion as of 2010. He is the founder and chairman of Vulcan Inc., which manages his business and philanthropic efforts. Allen also has a multi-billion dollar investment portfolio which includes technology companies such as Evri and Gist, real estate holdings, and stakes in other technology, media, and content companies. Allen also owns two professional sports teams, the Seattle Seahawks of the National Football League (NFL),[2] and the Portland Trail Blazers of the National Basketball Association (NBA).[3] He is also part-owner of the Seattle Sounders FC, which joined Major League Soccer (MLS) in 2009.[4] Allen’s memoir Idea Man: A Memoir by the Cofounder of Microsoft was released on April 19, 2011, and extensive excerpts have been published in the May 2011 issue of Vanity Fair.[5] …”
http://en.wikipedia.org/wiki/Paul_allen
Bill Gates Biography Documentry – Interview on Paul Allen Octopus
Related Posts On Pronk Palisades
Microsoft
Windows Phone Series 7–Videos
Bill Gates–Videos
Bill Gates Goes Nuclear with The TerraPower Traveling Wave Reactor–The Next Big Thing–Innovation and Technology Making A Difference
Bill Gates Wants More Best, Bright, and Cheap Foreign Labor–More Jobs and Competition In Amercan Labor Market Is Needed–Not More Visas and Subsidies!
The History of Microsoft–Videos
A Kinder Gentler Wiser Microsoft Gives Away Valuable Software Developer Tools to Students Around The World!
Bill Gates–Hope, Change and Rapid Affluence Development–Creative Capitalism!
Wealth, Income and Job Creation: Let A 1000 Microsofts Bloom
Microsoft’s Channel 9 Coffeehouse Community Killer–spam
Microsoft Expression Studio–Videos
Books
Fouad Ajami–The Foreigner’s Gift–Videos
Robert Baer–The Devil We Know–Videos
Claire Berlinski–Why Margaret Thatcher Matters: “There Is No Altervative”–Videos
Michael Barone–Our First Revolution–Videos
Allan Bloom–The Closing of The American Mind–Videos
Philip Bobbitt–Terror and Consent–Videos
Ian Bremmer–The End of the Free Market–Videos
Patrick J. Buchanan–Churchill, Hitler, and The Unnecessary War–Videos
Ron Chernow–Alexander Hamilton–Videos
Steve Coll– The Bin Ladens: An Arabian Family in the American Century; Ghost Wars: The Secret History of the CIA, Afghanistan, and bin Laden, from the Soviet Invasion to September 10, 2001 –Videos
Dinesh D’Souza–The Enemy At Home–Videos
Dinesh D’Souza–The Roots of Obama’s Rage–Videos
Thomas J. DiLorenzon–Hamilton’s Curse: How Jefferson’s Arch Enemy Betrayed the American Revolution – And What It Means for Americans Today–Videos
Cory Doctorow–Makers–Videos
Joseph J. Ellis–His Excellency: George Washington–Videos
Steve Emerson–American Jihad: The Terrorist Living Among Us–Videos
Bruce Feiler–Walking the Bible–Videos
Niall Ferguson–”The Ascent of Money–Videos
Milton Friedman–Capitalism and Freedom–Videos
Milton Friedman–Free To Choose–On Donahue –Videos
Burton Folsom Jr.–New Deal or Raw Deal–Videos
Brigitte Gabriel–Because They Hate: A Survivor of Islamic Terror Warns America–Videos
Brigitte Gabriel–They Must Be Stopped: Why We Must Defeat Radical Islam and How We Can Do It –Videos
Robert Gallately–Lenin, Stalin, and Hitler: The Age of Catastrophe–Videos
Jonah Goldberg–Liberal Fascism–Videos
David Goodwillie–American Subversive–A Novel
Victor Davis Hansen–A War Like No Other–Videos
Robert Higgs–Crisis and Leviathan–Videos
David Horowitz and Richard Poe–The Shadow Party–Videos
Peter Huber–The Bottomless Well–Videos
Donald Kagan–On The Origins Of War–Videos
David Kirkpatrick–The Facebook Effect–Videos
Michael Korda–Hero: The Life and Legend of Lawrence of Arabia
Stanley Kurtz–Radical-Chief: Barack Obama and The Untold Story of American Socialism–Videos
George Lakoff–Videos
Mark Levin–Liberty and Tyranny: A Conservative Manifesto–Videos
Hunter Lewis–Where Keynes Went Wrong–Videos
Michael Lewis–The Big Short: Inside the Doomsday Machine–Videos
Barack Obama Cartoon Concisely Communicates What’s Wrong With Progressive Radical Socialism–Why Do We Need Jobs For?–A Hayek and Mises Moment!
Andrew C. McCarthy–Willful Blindness–Videos
Eric Metaxas–Dietrich Bonhoeffer–Videos
Kenneth Minogue–Alien Powers: The Pure Theory of Ideology–Videos
Ron Paul–End The Fed–Videos
Melanie Phillips–Londonistan–Videos
Melanie Phillips–The World Turned Upside Down: The Global Battle over God, Truth, and Power–Video
James Piereson–Camelot and The Cultural Revolution–Videos
Jim Powell–FDR’s Folly–Videos
Samantha Power–A Problem From Hell: America and the Age of Genocide–Chasing The Flame–Videos
Paul Rahe–Soft Despotism, Democracy’s Drift: Montesquieu, Rousseau, Tocqueville, and the Modern Prospect–Videos
Ayn Rand–Videos
Murray Rothbard–Economic Thought Before Adam Smith–Videos
Murray Rothbard–What Has Government Done to Our Money?–Videos
The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand
Yaron Brook On Capitalism and Atlas Shrugged–Videos
Leonard J Santow–Do They Walk On Water: Federal Reserve Chairman and The Fed–Videos
Roy Spencer–The Great Global Warming Blunder: How Mother Nature Fooled the World’s Top Climate Scientists –Videos
Mark Steyn–America Alone: The End of The World As We Know It–Videos
John Stossel On Ayn Rand’s Atlas Shrugged
Daniel Suarez–Daemon and Freedom TM–Videos
Peter Robinson–Conversations With Authors–Videos
Murry Rothbard–For A New Liberty: The Libertarian Manifesto–Audio Book
Murray Rothbard– What Has Government Done to Our Money?–Videos
Michael Scheuer–Through Our Enemies’ Eyes–Videos
Amity Shlaes–The Forgotten Man–Videos
Thomas Sowell and Conflict of Visions–Videos
Thomas Sowell–Black Rednecks and White Liberals–The Missing Nobel Laureates–Videos
Thomas Sowell–Intellectuals and Society–Videos
Thomas Sowell On The Housing Boom and Bust–Videos
Gillian Tett–Fool’s Gold–Videos
Marc Thiessen’s Courting Disaster–A Clear and Present Danger To The American People–President Barack Obama!
R. Christopher Whalen–Inflated: How Money and Debt Built the American Dream–Videos
David Wessel–In Fed We Trust: Ben Bernanke’s War On The Great Panic–Videos
Thomas E. Woods Jr.–Meltdown–Videos
Thomas E. Woods Jr.–We Who Dared to Say No to War–Videos
Samuel F. Yette–The Choice: The Issue of Black Survival in America-Videos
Read Full Post | Make a Comment ( None so far )David Kirkpatrick–The Facebook Effect–Videos
“…Synopsis
IN LITTLE MORE THAN HALF A DECADE, Facebook has gone from a dorm-room novelty to a company with 500 million users. It is one of the fastest growing companies in history, an essential part of the social life not only of teenagers but hundreds of millions of adults worldwide. As Facebook spreads around the globe, it creates surprising effects—even becoming instrumental in political protests from Colombia to Iran.
Veteran technology reporter David Kirkpatrick had the full cooperation of Facebook’s key executives in researching this fascinating history of the company and its impact on our lives. Kirkpatrick tells us how Facebook was created, why it has flourished, and where it is going next. He chronicles its successes and missteps, and gives readers the most complete assessment anywhere of founder and CEO Mark Zuckerberg, the central figure in the company’s remarkable ascent. This is the Facebook story that can be found nowhere else.
How did a nineteen-year-old Harvard student create a company that has transformed the Internet and how did he grow it to its current enormous size? Kirkpatrick shows how Zuckerberg steadfastly refused to compromise his vision, insistently focusing on growth over profits and preaching that Facebook must dominate (his word) communication on the Internet. In the process, he and a small group of key executives have created a company that has changed social life in the United States and elsewhere, a company that has become a ubiquitous presence in marketing, altering politics, business, and even our sense of our own identity. This is the Facebook Effect. …”
http://www.youtube.com/watch?v=qINqBpTiBlI
The Facebook Effect
The Facebook Effect with Mark Zuckerberg
Facebook CEO Mark Zuckerberg Tells All in Interview (2010)
David Kirkpatrick talks about the Facebook Effect with Dell
Mark Zuckerberg gets hot under the collar over your privacy issues and sweats
Background Articles and Videos
New Facebook Home Page Tour
“…Facebook is a social networking service and website launched in February 2004, operated and privately owned by Facebook, Inc.[1] As of January 2011[update], Facebook has more than 600 million active users.[5][6] Users may create a personal profile, add other users as friends, and exchange messages, including automatic notifications when they update their profile. Facebook users must register before using the site. Additionally, users may join common-interest user groups, organized by workplace, school or college, or other characteristics. The name of the service stems from the colloquial name for the book given to students at the start of the academic year by university administrations in the United States to help students get to know each other better. Facebook allows any users who declare themselves to be at least 13 years old to become registered users of the website.
Facebook was founded by Mark Zuckerberg with his college roommates and fellow computer science students Eduardo Saverin, Dustin Moskovitz and Chris Hughes.[7] The website’s membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and Stanford University. It gradually added support for students at various other universities before opening to high school students, and, finally, to anyone aged 13 and over, but based on ConsumersReports.org on May 2011, there are 7.5 million children under 13 with accounts, violating the site’s terms.[8]
A January 2009 Compete.com study ranked Facebook as the most used social networking service by worldwide monthly active users, followed by MySpace.[9] Entertainment Weekly included the site on its end-of-the-decade “best-of” list, saying, “How on earth did we stalk our exes, remember our co-workers’ birthdays, bug our friends, and play a rousing game of Scrabulous before Facebook?”[10] Quantcast estimates Facebook has 138.9 million monthly unique U.S. visitors in May 2011.[11] According to Social Media Today, in April 2010 an estimated 41.6% of the U.S. population had a Facebook account.[12] …”
http://en.wikipedia.org/wiki/Facebook
Mark Zuckerberg’s Words Of Wisdom (Best Quotes From The Facebook Founder)
Mark Zuckerberg 60 Minutes Interview Part 1
Mark Zuckerberg 60 Minutes Interview Part 2
Winklevoss Twins – Facebook was our idea – Tyler & Cameron
Social Network guru Sean Parker
Sean Parker: Facebook Should Not Have Won, MySpace Blew It
More Conversation: Bill Gates on Facebook
JULIAN SMITH – 25 Things I Hate About Facebook
Facebook Song
I read The Facebook Effect over the weekend and recommend it.
After finishing the book, I finally opened a facebook account.
Related Posts On Pronk Palisades
Books
Fouad Ajami–The Foreigner’s Gift–Videos
Robert Baer–The Devil We Know–Videos
Claire Berlinski–Why Margaret Thatcher Matters: “There Is No Altervative”–Videos
Michael Barone–Our First Revolution–Videos
Allan Bloom–The Closing of The American Mind–Videos
Philip Bobbitt–Terror and Consent–Videos
Ian Bremmer–The End of the Free Market–Videos
Patrick J. Buchanan–Churchill, Hitler, and The Unnecessary War–Videos
Ron Chernow–Alexander Hamilton–Videos
Steve Coll– The Bin Ladens: An Arabian Family in the American Century; Ghost Wars: The Secret History of the CIA, Afghanistan, and bin Laden, from the Soviet Invasion to September 10, 2001 –Videos
Dinesh D’Souza–The Enemy At Home–Videos
Dinesh D’Souza–The Roots of Obama’s Rage–Videos
Thomas J. DiLorenzon–Hamilton’s Curse: How Jefferson’s Arch Enemy Betrayed the American Revolution – And What It Means for Americans Today–Videos
Cory Doctorow–Makers–Videos
Joseph J. Ellis–His Excellency: George Washington–Videos
Steve Emerson–American Jihad: The Terrorist Living Among Us–Videos
Bruce Feiler–Walking the Bible–Videos
Niall Ferguson–”The Ascent of Money–Videos
Milton Friedman–Capitalism and Freedom–Videos
Milton Friedman–Free To Choose–On Donahue –Videos
Burton Folsom Jr.–New Deal or Raw Deal–Videos
Brigitte Gabriel–Because They Hate: A Survivor of Islamic Terror Warns America–Videos
Brigitte Gabriel–They Must Be Stopped: Why We Must Defeat Radical Islam and How We Can Do It –Videos
Robert Gallately–Lenin, Stalin, and Hitler: The Age of Catastrophe–Videos
Jonah Goldberg–Liberal Fascism–Videos
David Goodwillie–American Subversive–A Novel
Victor Davis Hansen–A War Like No Other–Videos
Robert Higgs–Crisis and Leviathan–Videos
David Horowitz and Richard Poe–The Shadow Party–Videos
Peter Huber–The Bottomless Well–Videos
Donald Kagan–On The Origins Of War–Videos
Michael Korda–Hero: The Life and Legend of Lawrence of Arabia
Stanley Kurtz–Radical-Chief: Barack Obama and The Untold Story of American Socialism–Videos
George Lakoff–Videos
Mark Levin–Liberty and Tyranny: A Conservative Manifesto–Videos
Hunter Lewis–Where Keynes Went Wrong–Videos
Michael Lewis–The Big Short: Inside the Doomsday Machine–Videos
Barack Obama Cartoon Concisely Communicates What’s Wrong With Progressive Radical Socialism–Why Do We Need Jobs For?–A Hayek and Mises Moment!
Andrew C. McCarthy–Willful Blindness–Videos
Eric Metaxas–Dietrich Bonhoeffer–Videos
Kenneth Minogue–Alien Powers: The Pure Theory of Ideology–Videos
Ron Paul–End The Fed–Videos
Melanie Phillips–Londonistan–Videos
Melanie Phillips–The World Turned Upside Down: The Global Battle over God, Truth, and Power–Video
James Piereson–Camelot and The Cultural Revolution–Videos
Jim Powell–FDR’s Folly–Videos
Samantha Power–A Problem From Hell: America and the Age of Genocide–Chasing The Flame–Videos
Paul Rahe–Soft Despotism, Democracy’s Drift: Montesquieu, Rousseau, Tocqueville, and the Modern Prospect–Videos
Ayn Rand–Videos
Murray Rothbard–Economic Thought Before Adam Smith–Videos
Murray Rothbard–What Has Government Done to Our Money?–Videos
The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand
Yaron Brook On Capitalism and Atlas Shrugged–Videos
Leonard J Santow–Do They Walk On Water: Federal Reserve Chairman and The Fed–Videos
Roy Spencer–The Great Global Warming Blunder: How Mother Nature Fooled the World’s Top Climate Scientists –Videos
Mark Steyn–America Alone: The End of The World As We Know It–Videos
John Stossel On Ayn Rand’s Atlas Shrugged
Daniel Suarez–Daemon and Freedom TM–Videos
Peter Robinson–Conversations With Authors–Videos
Murry Rothbard–For A New Liberty: The Libertarian Manifesto–Audio Book
Murray Rothbard– What Has Government Done to Our Money?–Videos
Michael Scheuer–Through Our Enemies’ Eyes–Videos
Amity Shlaes–The Forgotten Man–Videos
Thomas Sowell and Conflict of Visions–Videos
Thomas Sowell–Black Rednecks and White Liberals–The Missing Nobel Laureates–Videos
Thomas Sowell–Intellectuals and Society–Videos
Thomas Sowell On The Housing Boom and Bust–Videos
Gillian Tett–Fool’s Gold–Videos
Marc Thiessen’s Courting Disaster–A Clear and Present Danger To The American People–President Barack Obama!
R. Christopher Whalen–Inflated: How Money and Debt Built the American Dream–Videos
David Wessel–In Fed We Trust: Ben Bernanke’s War On The Great Panic–Videos
Thomas E. Woods Jr.–Meltdown–Videos
Thomas E. Woods Jr.–We Who Dared to Say No to War–Videos
Samuel F. Yette–The Choice: The Issue of Black Survival in America-Videos
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Texas Tea Time–The Coming Oil Boom In Texas–Videos
Eagle Ford Shale Oil
Carrizo Springs Benefitting From Oil Drilling KGNS-TV
Cnooc Ltd. Buys 33% Stake In Chesapeake Energy’s Eagle Ford Shale For $1.08 Billion
Shale Boom: To Drill or Not to Drill [NBC: 5-31-2011]
Horizontal drilling and hydraulic fracturing
Frack Oil Well 9-25-10
Chesapeake Energy hydraulic fracturing method
Modern Drilling Operations: Hydraulic Fracturing
“This is very big and it’s coming on very fast,” said Daniel Yergin, the chairman of IHS CERA. “This is like adding another Venezuela or Kuwait by 2020, except these tight oil fields are in the United States.”
Shale Boom in Texas Could Increase U.S. Oil Output
By CLIFFORD KRAUSS
“…The Texas field, known as the Eagle Ford, is just one of about 20 new onshore oil fields that advocates say could collectively increase the nation’s oil output by 25 percent within a decade — without the dangers of drilling in the deep waters of the Gulf of Mexico or the delicate coastal areas off Alaska.
There is only one catch: the oil from the Eagle Ford and similar fields of tightly packed rock can be extracted only by using hydraulic fracturing, a method that uses a high-pressure mix of water, sand and hazardous chemicals to blast through the rocks to release the oil inside.
The technique, also called fracking, has been widely used in the last decade to unlock vast new fields of natural gas, but drillers only recently figured out how to release large quantities of oil, which flows less easily through rock than gas. As evidence mounts that fracking poses risks to water supplies, the federal government and regulators in various states are considering tighter regulations on it.
The oil industry says any environmental concerns are far outweighed by the economic benefits of pumping previously inaccessible oil from fields that could collectively hold two or three times as much oil as Prudhoe Bay, the Alaskan field that was the last great onshore discovery. The companies estimate that the boom will create more than two million new jobs, directly or indirectly, and bring tens of billions of dollars to the states where the fields are located, which include traditional oil sites like Texas and Oklahoma, industrial stalwarts like Ohio and Michigan and even farm states like Kansas. …”
http://www.nytimes.com/2011/05/28/business/energy-environment/28shale.html?_r=1
House Session 2011-04-07 (17:08:09-18:23:24)
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Glenn Beck On Founders’ Fridays–Videos
Glenn Beck-05/27/11-A
Glenn Beck-05/27/11-B
Glenn Beck-05/27/11-C
Related Posts On Pronk Palisades
The Black Founding Fathers–Videos
The Wisdom of The Founding Fathers–Videos
Glenn Beck On James Madison–The Father Of The United States Constitution–Videos
Glenn Beck On Founding Father Benjamin Franklin–Videos
The Founding Mothers–Videos
Glenn Beck On The History of Black Americans In The American Revolution And Civil War–Videos
Glenn Beck–A Forgotten Founding Father–George Whitefield–Videos
Glenn Beck On The Indispensable Founding Father–George Washington–Videos
Glenn Beck On The Founding Fathers, Samuel Adams and The First American Revolution–Videos
The American People March on Washington D.C.–August 28, 2010–At The Lincoln Memorial! Mark Your Calendar–Be There–Three Million Minimum–Join The Second American Revolution
Read Full Post | Make a Comment ( None so far )Senator Rand Paul’s Opposition To Renewal of The Patriot Act–Congress Renews The Patriot Act–Democrats and Republicans Invade The American People’s Privacy And Threaten Liberty–Videos
Obama Signs Patriot Act
US Congress agrees to extend Patriot Act
Patriot Act Renewal Sneak Attack
USA using Patriot Act against its own citizens
Sen. Rand Paul Opposes PATRIOT Act Renewal
Patriot Act Presentation
Rand Paul Amendments Debate: Patriot Act – 05/26/11 Pt.1
Rand Paul Amendments Debate: Patriot Act – 05/26/11 Pt.2
Harry Reid attacks Rand Paul to enforce Patriot Act
Sen. Rand Paul Against Renewal of PATRIOT Act
THE PATRIOT ACT – Senator Rand Paul
Sen. Rand Paul: “I Rise In Response to a Scurrilous Accusation”
Bachmann Addresses Security Provisions
Go to a judge and get a warrant.
Vote against the renewal of The Patriot Act.
Background Artcles and Videos
Judge Andrew Napolitano Natural Rights and The Patriot Act part 1 of 3
Judge Andrew Napolitano Natural Rights and PATRIOT ACT Part 2 of 3
Judge Andrew Napolitano : Natural Rights and The Patriot Act! (Part 3/3)
USA PATRIOT Act
Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001
“…The USA PATRIOT Act (commonly known as the “Patriot Act”) is an Act of the U.S. Congress that was signed into law by President George W. Bush on October 26, 2001. The title of the Act is a contrived three letter initialism (USA) preceding a seven letter acronym (PATRIOT), which in combination stand for Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001.[1] The Act dramatically reduced restrictions on law enforcement agencies’ ability to search telephone, e-mail communications, medical, financial, and other records; eased restrictions on foreign intelligence gathering within the United States; expanded the Secretary of the Treasury’s authority to regulate financial transactions, particularly those involving foreign individuals and entities; and broadened the discretion of law enforcement and immigration authorities in detaining and deporting immigrants suspected of terrorism-related acts. The act also expanded the definition of terrorism to include domestic terrorism, thus enlarging the number of activities to which the USA PATRIOT Act’s expanded law enforcement powers can be applied.
On May 27, 2011, President Barack Obama signed a 4-year extension of three key provisions in the USA Patriot Act: roving wiretaps, searches of business records (the “library records provision“), and conducting surveillance of “lone wolves” — individuals suspected of terrorist-related activities not linked to terrorist groups.[2] …”
http://en.wikipedia.org/wiki/USA_PATRIOT_Act
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Beck On Good and Evil–Videos
Glenn Beck-05/26/11-A
Glenn Beck-05/26/11-B
Glenn Beck-05/26/11-C
Read Full Post | Make a Comment ( None so far )
The Arab Israeli Conflict–Videos
The Arab Israeli Conflict – part 1 : Land Division
The Arab Israeli Conflict – part 2 : Israeli massacres 1948
The Arab Israeli Conflict – part 3 : 1948 war
The Arab Israeli Conflict – part 4: Egyptian Revolution 1952
The Arab Israeli Conflict – part 5 : Suez Crisis 1956 & Tripartite attack on Egypt
Related Posts On Pronk Palisades
Israel – Birth of a Nation–Videos
1967 Arab-Israeli War–Videos
Yom Kippur War 1973: The Egyptian Revenge –Videos
Read Full Post | Make a Comment ( None so far )Yom Kippur War 1973: The Egyptian Revenge –Videos
Yom Kippur War 1973: The Egyptian Revenge – (1/4)
Yom Kippur War 1973: The Egyptian Revenge – (2/4)
Yom Kippur War 1973: The Egyptian Revenge – (3/4)
Yom Kippur War 1973: The Egyptian Revenge – (4/4)
Related Posts On Pronk Palisades
Israel – Birth of a Nation–Videos
1967 Arab-Israeli War–Videos
The Arab Israeli Conflict–Videos
Read Full Post | Make a Comment ( None so far )1967 Arab-Israeli War–Videos
1967 Arab-Israeli War – part 1/6
1967 Arab-Israeli War – part 2/6
1967 Arab-Israeli War – part 3/6
1967 Arab-Israeli War – part 4/6
1967 Arab-Israeli War – part 5/6
1967 Arab-Israeli War – part 6/6
Related Posts On Pronk Palisades
Israel – Birth of a Nation–Videos
Yom Kippur War 1973: The Egyptian Revenge –Videos
Read Full Post | Make a Comment ( None so far )Memo To Washington Republican Party Establishment–You Are Not Listening To The American People–Read Our Lips–“Cut Spending and Balance The Budget Starting With Fiscal Year 2012”–Videos
Start Listening to Senator Paul:
3/09/11: Sen. Rand Paul on balancing the budget
03/17/11: Sen. Rand Paul Introduces Five-Year Balanced Budget Plan
S-1 FY2012 Senator Rand Paul (Nominal Dollars in Billions) |
||||
Fiscal Year | Outlays | Revenues | DeficitsSurplus | Debt Held By Public |
2011 | 3,708 | 2,228 | -1,480 | 10,430 |
2012 | 3,100 | 2,547 | -553 | 11,051 |
2013 | 3,152 | 2,755 | -397 | 11,532 |
2014 | 3,227 | 3,088 | -139 | 11,748 |
2015 | 3,360 | 3,244 | -116 | 11,942 |
2016 | 3,430 | 3,349 | 19 | 11,997 |
2012-2016 | 16,269 | 15,083 | -1,188 | n.a. |
http://campaignforliberty.com/materials/RandBudget.pdf
4/14/11: Sen. Rand Paul Speaks Out Against the Continuing Resolution
Senator Lee explains the enforceability of a balanced budget amendment
Senator Pat Toomey Explains That Failing To Raise Debt Limit Doesn’t Cause Default
Neither the Republican Party nor Democratic Party Fiscal Year 2012 budget proposals are the road to peace and prosperity but a Tea Party budget with balanced budgets most definitely is:
Which Budgets Are Balanced And Living Within The Means of The American People?
4/5/11 Republican Leadership Press Conference
Republican Party Budget Proposals
S-1 FY2012 Chairman’s Markup (Nominal Dollars in Billions) |
||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,618 | 2,230 | -1,388 | 10,351 |
2012 | 3,529 | 2,533 | -995 | 11,418 |
2013 | 3,559 | 2,860 | -699 | 12,217 |
2014 | 3,586 | 3,094 | -492 | 12,801 |
2015 | 3,671 | 3,237 | -434 | 13,326 |
2016 | 3,858 | 3,377 | -481 | 13,886 |
2017 | 3,998 | 3,589 | -408 | 14,363 |
2018 | 4,123 | 3,745 | -379 | 14,800 |
2019 | 4,352 | 3,939 | -414 | 15,254 |
2020 | 4,544 | 4,142 | -402 | 15,681 |
2021 | 4,739 | 4,354 | -385 | 16,071 |
2012-2021 | 39,958 | 34,870 | -5,088 | n.a. |
http://budget.house.gov/UploadedFiles/PathToProsperityFY2012.pdf
Sen. Toomey Unveils his FY 2012 Budget
Senator Pat Toomey Talks with Michael Medved about his Budget
S-1 FY2012 Senator Pat Toomey(Nominal Dollars in Billions) | ||||
Fiscal Year | Outlays | Revenues | DeficitsSurplus | Debt Held By Public |
2011 | 3,625 | 2,230 | -1,351 | 10,351 |
2012 | 3,477 | 2,538 | -919 | 11,418 |
2013 | 3,485 | 2,964 | -521 | 12,217 |
2014 | 3,509 | 3,216 | -291 | 12,801 |
2015 | 3,623 | 3,391 | -233 | 13,326 |
2016 | 3,765 | 3,524 | -241 | 13,886 |
2017 | 3,853 | 3,736 | -117 | 14,363 |
2018 | 3,955 | 3,916 | -39 | 14,800 |
2019 | 4,140 | 4,108 | -32 | 15,254 |
2020 | 4,302 | 4,325 | 23 | 15,681 |
2021 | 4,493 | 4,566 | 73 | 16,071 |
2012-2021 | 38,602 | 36,304 | -2298 | n.a. |
http://www.scribd.com/doc/55116239/Restoring-Balance-Final
Democratic Party Budget Proposals
S-1 FY2012 President’s Budget (Nominal Dollars in Billions) |
||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,819 | 2,174 | -1,645 | 10,856 |
2012 | 3,729 | 2,627 | -1,101 | 11,881 |
2013 | 3,771 | 3,003 | -768 | 12,784 |
2014 | 3,977 | 3,333 | -646 | 13,562 |
2015 | 4,190 | 3,583 | -607 | 14,301 |
2016 | 4,468 | 3,819 | -649 | 15,064 |
2017 | 4,669 | 4,042 | -627 | 15,795 |
2018 | 4,876 | 4,257 | -619 | 16,513 |
2019 | 5,154 | 4,473 | -681 | 17,284 |
2020 | 5,442 | 4,686 | -735 | 18,103 |
2021 | 5,697 | 4,923 | -774 | 18,967 |
2012-2021 | 45,952 | 38,747 | -7,205 | n.a. |
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf
Tea Party Budget Proposals
S-1 FY2012 Tea Party’s Balanced/Surplus Budget(Nominal Dollars in Billions) | ||||
Fiscal Year | Outlays | Revenues | Surpluses | Debt Held By Public |
2012 | 2,500 | 2,500 | 0 | 10,900 |
2013 | 2,800 | 2,800 | 0 | 10,900 |
2014 | 3,000 | 3,000 | 0 | 10,900 |
2015 | 3,200 | 3,200 | 0 | 10,900 |
2016 | 3,300 | 3,300 | 0 | 10,900 |
2017 | 3,400 | 3,500 | 100 | 10,800 |
2018 | 3,500 | 3,700 | 200 | 10,600 |
2019 | 3,600 | 3,900 | 300 | 10,300 |
2020 | 3,700 | 4,000 | 300 | 10,000 |
2021 | 3,800 | 4,300 | 500 | 9,500 |
2012-2021 | 32,800 | 34,200 | 1,400 | n.a. |
George H W Bush read my lips
Boehner on GMA: To Create Jobs, Let’s Cut Spending & Stop The Tax Hike — Now
The Republican Party establishment still does not get it nor are they listening to the tea party movement or the American people.
The tea party movement is being betrayed by the Republican Party establishment in Washington D.C. by Senators Toomey, Lee, Rubio and DeMint and House Budget Chairman Paul Ryan.
Starting this year, all fiscal year budgets from here on out must be balanced by cutting spending outlays including the closing of Federal Departments.
Taking ten to twenty-five years to balance the budget is simply neither serious nor fiscally responsible.
Gentlemen, your plans do not live within the means of the American people.
Gentlemen, your plans are fiscally irresponsible and your budgets are massively unbalanced.
Gentlemen, your plans would increase the National Debt by several trillion dollars over the next ten years.
Gentlemen, your plans would not get the American economy on a high growth path needed to create over 30 million new full-time jobs that are needed now and not in ten years.
Gentlemen, your plan is a disappointment and a disgrace.
Stop protecting the budget baseline and in turn the Federal Government Departments, and start balancing the budget in Fiscal Year 2012 by permanently closing Federal Departments, agencies and programs.
Congratulations, you are repeating the mistakes that led to the Republican Party losses in 2006 and 2008.
Only Senator Rand Paul’s proposed Fiscal Year 2012 Budget proposal comes close to understanding the scope and urgency of the fiscal crisis.
Unfortunately, the Federal Government does not have the luxury of waiting five years to balance the budget.
In less than three years the economy will be in another recession as a direct result of Congress not balancing the budget in a timely manner.
By then the credit rating agencies will have downgraded Treasury debt and interest rates will be significantly higher making matters even worse.
Any Senator or Representative that votes for either Senator Toomey’s or Representative Ryan’s plan deserves to be defeated in the next election.
Budget to the estimated tax revenues not the CBO budget baseline.
Streamline the Federal Government by closing ten Federal Departments.
Cap the National Debt Limit at $15,000 billion and start paying off the National debt within five years.
Cut the budgets of the remaining Departments including the Department of Defense by 20% and total compensation for all Government employees by 20%.
Pass the FairTax with a 25% (excluding the tax) or 20% (including the tax) national retail sales consumption tax on the sale of new goods and services to replace all Federal taxes.
The United States of America needs to return a peace and prosperity economy with a constitutional republic that is limited in both size and scope.
The United States of America needs to abandon the warfare and welfare economy with a collectivist state that is not limited in either size or scope.
The American people want a choice not an echo of President Obama’s Democratic Party Fiscal 2012 budget proposal.
Gentleman, back to the drawing boards–start cutting and balancing–earn you pay.
Background Articles and Videos
Ron Paul on FOX News 05/25/11
U.S. Debt Rating Drops to “Negative”
Summary of Outlays, Revenues (Receipts), Deficits, Surpluses Fiscal Years 1980-2010(Nominal Dollars in Millions) | |||
Fiscal Year | Outlays | Revenues (Receipts) | Deficits (-), Surpluses |
1980 | 590,941 | 517,112 | -73,830 |
1981 | 678,241 | 599,272 | -78,968 |
1982 | 745,743 | 617,766 | –127,977 |
1983 | 808,364 | 600,562 | -207,802 |
1984 | 851,805 | 666,488 | -185,367 |
1985 | 946,344 | 734,037 | -212,308 |
1986 | 990,382 | 769,155 | -221,277 |
1987 | 1,004,017 | 854,288 | -149,730 |
1988 | 1,064,417 | 854,288 | -155,178 |
1989 | 1,143,744 | 991,105 | -152,639 |
1990 | 1,252,994 | 1,031,958 | -221,036 |
1991 | 1,324,226 | 1,054,988 | -269,238 |
1992 | 1,381,529 | 1,091,208 | -290,321 |
1993 | 1,409,386 | 1,154,335 | -255,051 |
1994 | 1,461,753 | 1,258,566 | –203,186 |
1995 | 1,515,742 | 1,351,790 | -163,392 |
1996 | 1,560,484 | 1,453,053 | -107,431 |
1997 | 1,601,116 | 1,579,232 | -21,884 |
1998 | 1,652,458 | 1,721,728 | 69,270 |
1999 | 1,701,842 | 1,827,452 | 125,610 |
2000 | 1,788,950 | 2,025,191 | 236,241 |
2001 | 1,862,846 | 1,991,082 | 128,236 |
2002 | 2,010,894 | 1,853,136 | –157,758 |
2003 | 2,159,899 | 1,782,314 | -377,585 |
2004 | 2,292,841 | 1,880,114 | -412,727 |
2005 | 2,471,957 | 2,153,611 | -318,346 |
2006 | 2,655,050 | 2,406,869 | -248,181 |
2007 | 2,728,686 | 2,567,985 | -160,701 |
2008 | 2,982,544 | 2,523,991 | -458,553 |
2009 | 3,517,677 | 2,104,989 | -1,412,688 |
2010 | 3,456,213 | 2,162,724 | -1,293,489 |
For a history of the Federal Government’s Receipts (Revenues), Outlays, and Deficits and Surpluses
http://www.whitehouse.gov/omb/budget/Historicals
Dick Armey Part 1
Dick Armey Part 2
Dick Armey Part 3
–
Related Posts On Pronk Palisades
Taxman Obama’s Hidden Tax Increase On The Rich That Results In Fewer Jobs And Lower Economic Growth vs. Ryan’s Long and Winding Road To Economic Stagnation vs. Senators Lee, DeMint and Paul’s Stairway To Peace and Prosperity With A Balanced Budget!–Videos
Speaker Boehner’s Address to the Economic Club of New York on Jobs, Debt, Gas Prices–Videos
The Political Establishment In Washington D.C. Continues To Lie To The American People About Balancing the Budget and Reducing Deficits and The National Debt–Videos
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The American Spirit – Community Rallies Around Neighbor in Need
Famines throughout the ages: 19th-21st Century Pt. 2 of 2
Peter Schiff May 15 2011 : Economy Is On Life Support : QE2 Will Not End
Glenn Beck-05/23/11-A
Glenn Beck-05/23/11-B
Glenn Beck-05/23/11-C
Allen West: Resurrecting the American Spirit
Eva Cassidy – What a Wonderful World
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Taxman Obama’s Hidden Tax Increase On The Rich That Results In Fewer Jobs And Lower Economic Growth vs. Ryan’s Long and Winding Road To Economic Stagnation vs. Senators Lee, DeMint and Paul’s Stairway To Peace and Prosperity With A Balanced Budget!–Videos
Pronk Pops Show 29:May 26, 2011
The Beatles – Taxman
One, two, three, four…
Hrmm!
One, two, (one, two, three, four!)
Let me tell you how it will be;
There’s one for you, nineteen for me.
‘Cause I’m the taxman,
Yeah, I’m the taxman.
Should five per cent appear too small,
Be thankful I don’t take it all.
‘Cause I’m the taxman,
Yeah, I’m the taxman.
(if you drive a car, car;) – I’ll tax the street;
(if you try to sit, sit;) – I’ll tax your seat;
(if you get too cold, cold;) – I’ll tax the heat;
(if you take a walk, walk;) – I’ll tax your feet.
Taxman!
‘Cause I’m the taxman,
Yeah, I’m the taxman.
Don’t ask me what I want it for, (ah-ah, mister Wilson)
If you don’t want to pay some more. (ah-ah, mister heath)
‘Cause I’m the taxman,
Yeah, I’m the taxman.
Now my advice for those who die, (taxman)
Declare the pennies on your eyes. (taxman)
‘Cause I’m the taxman,
Yeah, I’m the taxman.
And you’re working for no one but me.
Taxman!
The Contrast on Taxes – Pro-growth reform or Job Crushing Tax Hikes
The Budget Debate’s Missing Ingredient – Economic Growth
Paul Ryan at the Economic Club of Chicago: Shared Scarcity vs Renewed Prosperity
Neither higher taxes nor more deficits and a higher national debt are the path to economic growth and prosperity.
President Obama hides in his budget proposal a tax rate increase to 44% for the so-called rich whose businesses create wealth and jobs in America .
This is a great speech or talk by House Budget Committee Chairman Paul Ryan.
Unfortunately, while Paul Ryan talks the talk, his proposed Republican Budget simply does not walk the walk.
Congressman Ryan hides the Republican Party’s deficit in the open yet the press cannot even figure it out.
The proposed Ryan Republican budget for fiscal year 2012 results in an estimated deficit of $995 billion dollars or about another $1,000 billion increase in the national debt.
Yes, this is better than President Obama’s estimated Fiscal Year 2012 budget deficit of $1,101 billion.
Yet both proposed budgets are not fiscally responsible but business as usual for the Democratic and Republican Party establishments.
Neither the Republican nor Democratic Party budget proposals are the road to peace and prosperity but a Tea Party budget with balanced budgets most definitely is:
Which Budgets Are Balanced And Living Within The Means of The American People?
Republican Party Budget Proposals
S-1 FY2012 Chairman’s Markup (Nominal Dollars in Billions) |
||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,618 | 2,230 | -1,388 | 10,351 |
2012 | 3,529 | 2,533 | -995 | 11,418 |
2013 | 3,559 | 2,860 | -699 | 12,217 |
2014 | 3,586 | 3,094 | -492 | 12,801 |
2015 | 3,671 | 3,237 | -434 | 13,326 |
2016 | 3,858 | 3,377 | -481 | 13,886 |
2017 | 3,998 | 3,589 | -408 | 14,363 |
2018 | 4,123 | 3,745 | -379 | 14,800 |
2019 | 4,352 | 3,939 | -414 | 15,254 |
2020 | 4,544 | 4,142 | -402 | 15,681 |
2021 | 4,739 | 4,354 | -385 | 16,071 |
2012-2021 | 39,958 | 34,870 | -5,088 | n.a. |
http://budget.house.gov/UploadedFiles/PathToProsperityFY2012.pdf
Democratic Party Budget Proposals
S-1 FY2012 President’s Budget(Nominal Dollars in Billions) | ||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,819 | 2,174 | -1,645 | 10,856 |
2012 | 3,729 | 2,627 | -1,101 | 11,881 |
2013 | 3,771 | 3,003 | -768 | 12,784 |
2014 | 3,977 | 3,333 | -646 | 13,562 |
2015 | 4,190 | 3,583 | -607 | 14,301 |
2016 | 4,468 | 3,819 | -649 | 15,064 |
2017 | 4,669 | 4,042 | -627 | 15,795 |
2018 | 4,876 | 4,257 | -619 | 16,513 |
2019 | 5,154 | 4,473 | -681 | 17,284 |
2020 | 5,442 | 4,686 | -735 | 18,103 |
2021 | 5,697 | 4,923 | -774 | 18,967 |
2012-2021 | 45,952 | 38,747 | -7,205 | n.a. |
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf
Tea Party Budget Proposals
S-1 FY2012 Tea Party’s Balanced/Surplus Budget(Nominal Dollars in Billions) | ||||
Fiscal Year | Outlays | Revenues | Surpluses | Debt Held By Public |
2012 | 2,500 | 2,500 | 0 | 10,900 |
2013 | 2,800 | 2,800 | 0 | 10,900 |
2014 | 3,000 | 3,000 | 0 | 10,900 |
2015 | 3,200 | 3,200 | 0 | 10,900 |
2016 | 3,300 | 3,300 | 0 | 10,900 |
2017 | 3,400 | 3,500 | 100 | 10,800 |
2018 | 3,500 | 3,700 | 200 | 10,600 |
2019 | 3,600 | 3,900 | 300 | 10,300 |
2020 | 3,700 | 4,000 | 300 | 10,000 |
2021 | 3,800 | 4,300 | 500 | 9,500 |
2012-2021 | 32,800 | 34,200 | 1,400 | n.a. |
The real problem is out of control government spending and unbalanced budgets for nearly three more decades.
Paul Ryan long and winding road to a balanced budget in twenty-five years or longer is not a path to prosperity but a road to economic stagnation and financial ruin for the United States.
I applaud Paul Ryan’s growth and jobs message.
However, more and more deficit spending and an ever increasing national debt are a recipe for failure.
Stop spinning and distracting us Mr. Ryan.
Balance the budget in Fiscal Year 2012 or you too will be replaced with someone from the tea party movement who will balance the budget and really cut spending.
Senators DeMint, Lee and Paul are on the right track for a peace and prosperity balanced budget that would cut spending by permanently closing Federal Departments.
Rand Paul “I Don’t Think We’re On A Path To Balancing The Budget”
3/09/11: Sen. Rand Paul on balancing the budget
03/17/11: Sen. Rand Paul Introduces Five-Year Balanced Budget Plan
Rep. Garrett explains the RSC plan to balance the budget in less than ten years on “Stossel”
However, five years is simply too slow and the cuts are too small.
The United States economy is on the brink of another recession that must be prevented by balancing the budget now to restore business and consumer confidence that Congress understands both the scope and urgency of problem.
Time is running out on both the Democratic and Republican Party establishment and their leadership.
With over thirty million American searching for a full time job, the American people will vote out of office both big spending Democrats and Republicans.
Food and gasoline prices as well the prices of imports and other goods and service are going up as the Federal Reserve devalues the dollar by massively increasing the money supply with so-called qunatitative easing.
In other words the purchasing power of your money is falling in value to pay for the Federal Government’s out of control spending.
Ron Paul: There’s Too Much Bipartisanship in Spending and Welfare/Warfarism
Ron Paul: Fall of the Federal Empire
The tea party movement wants balanced budgets and absolutely no increase in the National Debt ceiling.
Any Republican or Democratic in the House or Senate that votes for unbalanced budgets starting in Fiscal Year 2012 and an increase in the National Debt ceiling should be voted out of office in the next election.
Rep. Garrett dissects the debt ceiling with Judge Napolitano
National Debt Clock
Neither Taxman Obama nor The Long and Winding Road Ryan are the stairway to heaven with peace and prosperity.
George Michael – The Long And Winding Road
The Beatles The Long & Winding Road (2009 Stereo Remaster)
The long and winding road
That leads to your door
Will never disappear
I’ve seen that road before
It always leads me here
Lead me to your door.
The wild and windy night
That the rain washed away
Has left a pool of tears
Crying for the day.
Why leave me standing here?
Let me know the way.
Many times I’ve been alone
And many times I’ve cried,
Anyway you’ll never know
The many ways I’ve tried.
And still they lead me back
To the long, winding road
You left me standing here
A long, long time ago
Don’t leave me waiting here
Lead me to your door.
But still they lead me back
To the long winding road
You left me standing here
A long, long time ago (ohhh)
Don’t keep me waiting here (don’t keep me waiting)
Lead me to your door. (yeah yeah yeah yeah)
The tea party movement and the American people are looking for the piper of living within ones means with balanced budgets and a dollar that is stable in value or purchasing power.
The American people will be calling the tune and throwing out of office both Democrats and Republicans who waste the people’s hard earned money on all that glitters–warfare and welfare.
The American people are looking for a rock and not being rolled by yet another articulate but fundamentally deceitful politician.
Led Zeppelin-Stairway to Heaven
“Stairway To Heaven”
There’s a lady who’s sure all that glitters is gold
And she’s buying the stairway to heaven.
When she gets there she knows, if the stores are all closed
With a word she can get what she came for.
Ooh, ooh, and she’s buying the stairway to heaven.
There’s a sign on the wall but she wants to be sure
‘Cause you know sometimes words have two meanings.
In a tree by the brook, there’s a songbird who sings,
Sometimes all of our thoughts are misgiven.
Ooh, it makes me wonder,
Ooh, it makes me wonder.
There’s a feeling I get when I look to the west,
And my spirit is crying for leaving.
In my thoughts I have seen rings of smoke through the trees,
And the voices of those who stand looking.
Ooh, it makes me wonder,
Ooh, it really makes me wonder.
And it’s whispered that soon if we all call the tune
Then the piper will lead us to reason.
And a new day will dawn for those who stand long
And the forests will echo with laughter.
If there’s a bustle in your hedgerow, don’t be alarmed now,
It’s just a spring clean for the May queen.
Yes, there are two paths you can go by, but in the long run
There’s still time to change the road you’re on.
And it makes me wonder.
Your head is humming and it won’t go, in case you don’t know,
The piper’s calling you to join him,
Dear lady, can you hear the wind blow, and did you know
Your stairway lies on the whispering wind.
And as we wind on down the road
Our shadows taller than our soul.
There walks a lady we all know
Who shines white light and wants to show
How everything still turns to gold.
And if you listen very hard
The tune will come to you at last.
When all are one and one is all
To be a rock and not to roll.
And she’s buying the stairway to heaven.
Background Articles and Videos
47% See Major Changes in Defense, Social Security, Medicare As Necessary to Big Budget Cuts, 36% Don’t
“…Most voters know they want to cut government spending in a serious way, but despite the ongoing national budget-cutting debate, they don’t seem to recognize what that’s going to take.
The majority of U.S. federal spending is allotted to national defense, Social Security and Medicare. The latest Rasmussen Reports national telephone survey shows that just 47% of Likely U.S. Voters correctly recognize that it is necessary to make major changes in those areas to make truly significant long-term cuts in government spending. Thirty-six percent (36%) don’t believe big changes in these three areas are needed, while another 17% aren’t sure. (To see survey question wording, click here.)
This marks virtually no change from early April but shows increased voter awareness from February of last year.
The most high-profile plan for changing Medicare that’s currently on the table is the one proposed by Republican Congressman Paul Ryan of Wisconsin. That plan, which includes allowing individuals to purchase private health insurance as an alternative and raising the eligibility age from 65 to 67, has been denounced by most Democrats and even has drawn the criticism of Republican presidential hopeful Newt Gingrich.
But despite the attention politicians and pundits are giving Ryan’s plan, public views of it are virtually unchanged from late last month. Twenty-six percent (26%) of voters continue to favor Ryan’s budget proposal, while 34% are opposed to it. The plurality (40%) is not sure what they think of the plan. …”
Will ‘Watchdog’ Media Report on Obama’s Stealth Tax Hike?
By Lachlan Markay | May 23, 2011
“…New facts released by the office of House Budget Chairman Paul Ryan, R-Wis., reveal a hidden tax increase in President Obama’s budget proposal. Obama’s plan would, these facts demonstrate, impose a 20 percent increase in the top income tax rate – a significantly greater increase than the president has admitted.
The news media fancies itself a watchdog, so if the president is going to dramatically hike taxes, one would hope that Americans would hear about it first. But thus far, there has been almost no coverage of these stealth tax hikes. On Monday, Washington Post fact-checker Greg Kessler confirmed the veracity of Ryan’s claims. Whether other major media outlets report on them will be the true test.
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The Birth Of Israel (2008) – Part 5/8
The Birth Of Israel (2008) – Part 6/8
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Israel – Birth of a Nation – part3/10
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Israel – Birth of a Nation – part 6/10
Israel – Birth of a Nation – part 7/10
Israel – Birth of a Nation – part 8/10
Israel – Birth of a Nation – part9/10
Israel – Birth of a Nation – part 10/10
Israel Birth Of A Nation (15 of 18)
Israel Birth Of A Nation (18 of 18)
Israel map throughout history
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The Forgotten Refugees – 1,000,000 Jews Expelled (Part 4)
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Herman Cain–The Tea Party Movement Candidate–Running On Cutting Spending, Opposing Higher Debt Ceiling, Enforcing Immigration Laws, Defunding Planned Parenthood, Nominating Pro Life Judges, And Passing The FairTax–Common Sense Solutions!–Videos
Pronk Pops Show 29:May 26, 2011
Who is Herman Cain ?
Herman Cain : We the People
Cain
Herman Cain on Taxes
Herman Cain on Jack Kemp
Herman Cain on ABC This Week panel June 5, 2011
Herman Cain 2012 Event! 1 of 3
2011 NRA Annual Meetings – Herman Cain – Celebration of American Values Leadership Forum
Herman Cain: “Priorities”
Herman Cain on America Live
Herman Cain on Sean Hannity – 5/23/11
Fox News Sunday – Exclusive With Herman Cain May 22 2011
Just Herman Cain’s Answers in First Republican Debate for 2012
All Ron Paul 2012 Presidential debate answers full HQ
Frank Luntz Focus Group Picks Winner of First GOP Debate!
Herman Cain: We Need to Secure the Border With Technology and Guns
Herman Cain – Immigration
Herman Cain Explains the Fair Tax
Herman Cain Discusses Fair Tax with Neil Cavuto
Herman Cain on Second Amendment and Abortion
Herman Cain Talks Social Issues
Herman Cain says if he runs for President he would defund Planned Parenthood
America Loves Herman Cain!
Herman Cain – We need to return to Gold Standard and Eliminate the Debt
Herman Cain : We the People
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Herman Cain to Obama at CPAC: “U.S. Will Not Become U.S. of Europe on our Watch”
My favorites candidates for the office of President of The United States are Ron Paul, Michele Bachmann and Herman Cain.
The one thing all three have in common is character and integrity.
The one thing all three do not have is the support of the Republican Party establishment in Washington, D.C.
All three are pro life and would defund Planned Parenthood, all three want Federal Government spending cut with no increase in the National debt ceiling, and all three favor lower taxation and comprehensive income tax reform such as the FairTax
All three would make an outstanding President of the United States.
While my dream ticket is Ron Paul as the candidate for President and Michele Bachmann as the candidate for Vice-President on the Republican Party ticket, Herman Cain would make an excellent Secretary of the Treasury Department or Chairman of the Republican Party.
Let the American people decide for themselves who is the best candidate.
Background Articles and Videos
Rush Limbaugh – Herman Cain Is Serious Snerdley
Herman Cain versus Bill Clinton
Herman Cain – Bill Bennett – May 11, 2011
Glenn Beck Loves Herman Cain
Mark Levin Interviews Herman Cain
Herman Cain – Laura Ingraham
Herman Cain – Thomas Jefferson Comes to Dinner Part 1
Herman Cain – Thomas Jefferson Comes to Dinner Part 2
Herman Cain
“…Herman Cain (born December 13, 1945) is an American businessman, political activist, columnist, and radio host from Georgia. He is best known as the former chairman and CEO of Godfather’s Pizza. He is a former deputy chairman (1992–94) and chairman (1995–96) of the civilian board of directors to the Federal Reserve Bank of Kansas City. Before his business and economics career he worked as a mathematician in ballistics for the United States Navy.[2] Cain’s newspaper column is distributed by North Star Writers Group. He lives in the Atlanta suburbs.
In January 2011, Cain announced he had formed an exploratory committee for a potential presidential campaign for the Republican presidential nomination in 2012, and on May 21, 2011, Cain officially announced his candidacy.[3]
Background
Cain was born in Memphis, Tennessee on December 13, 1945, the son of Lenora (née Davis) and Luther Cain, Jr.[4][5] His mother was a cleaner and his father was a chauffeur.[2] He was raised in Georgia.[6] He graduated from Morehouse College in 1967 with a Bachelor of Arts degree in mathematics and received a Master of Science degree in computer science from Purdue University in 1971,[7] while he was also working full-time in ballistics for the U.S. Department of the Navy. Cain has authored four books: Leadership is Common Sense (1997), Speak as a Leader (1999), CEO of SELF (October 2001), and They Think You’re Stupid (May 2005).
Business career
After completing his master’s degree from Purdue, Cain left the Department of the Navy and began working for The Coca-Cola Company as a business analyst. In 1977, he joined Pillsbury where he rose to the position of vice president by the early 1980s. He left his executive post to work for Burger King – a Pillsbury subsidiary at the time – managing 400 stores in the Philadelphia area. Under Cain’s leadership, his region went from the least profitable for Burger King to the most profitable in three years. This prompted Pillsbury to appoint him president and CEO of Godfather’s Pizza, another of their then-subsidiaries. Within 14 months, Cain had returned Godfather’s to profitability. In 1988, Cain and a group of investors bought Godfather’s from Pillsbury. Cain continued as CEO until 1996, when he resigned to become CEO of the National Restaurant Association – a trade group and lobby organization for the restaurant industry – where he had previously been chairman concurrently with his role at Godfather’s.[8]
Cain became a member of the board of directors to the Federal Reserve Bank of Kansas City in 1992 and served as its chairman from January 1995 to August 1996, when he resigned to become active in national politics.[9] Cain was a 1996 recipient of the Horatio Alger Award.[10]
Media work
Cain hosted The Herman Cain Show on Atlanta talk radio station News Talk 750 WSB, a Cox Radio affiliate until February 2011 and serves as a commentator for Fox Business and a syndicated columnist distributed by the North Star Writers Group. In 2009, Cain founded “Hermanator’s Intelligent Thinkers Movement” (HITM), aimed at organizing 100,000 activists in every congressional district in the United States in support of a strong national defense, the FairTax, tax cuts, energy independence, capping government spending, and Restructuring Social Security.[11]
Political activities
Role in the defeat of the Clinton health care plan
Cain publicly opposed the 1993/1994 health care plan of President Bill Clinton and First Lady Hillary Rodham Clinton. While president-elect of the National Restaurant Association he challenged Bill Clinton on the costs of the employer mandate contained within the bill, criticizing its effect on small businesses. Cain has been described as one of the primary “saboteurs” of the plan:
- The Clintons would later blame “Harry and Louise,” the fictional couple in the ads aired by the insurance industry, for undermining health reform. But the real saboteurs are named Herman and John. Herman Cain is the president of Godfather’s Pizza and president-elect of the National Restaurant Association. An articulate black entrepreneur, Cain transformed the debate when he challenged Clinton at a town meeting in Kansas City, Mo., last April. Cain asked the president what he was supposed to say to the workers he would have to lay off because of the cost of the “employer mandate.” Clinton responded that there would be plenty of subsidies for small businessmen, but Cain persisted. “Quite honestly, your calculation is inaccurate,” he told the president. “In the competitive marketplace it simply doesn’t work that way.”[12]
Joshua Green of The Atlantic has called Cain’s exchange with Clinton his “auspicious debut on the national political stage.”[13]
1996 Senior Adviser of Dole/Kemp Campaign
Cain was a senior economic adviser to the Dole/ Kemp presidential campaign in 1996.[14]
2004 U.S. Senate candidacy
In 2004, Cain ran for the U.S. Senate in Georgia, pursuing the seat that came open with the retirement of Democrat Zell Miller. Cain sought the Republican nomination, facing congressmen Johnny Isakson and Mac Collins in the primary. Cain and Collins both hoped to deny Isakson a majority on primary day in order to force him into a runoff.[citation needed] Collins tried to paint Cain as a moderate,[15] citing Cain’s support for affirmative action programs, while Cain argued that he was a conservative, noting that he opposed the legality of abortion even in cases of rape and incest.[16] Cain finished second in the primary with 26.2% of the vote, ahead of Collins, who won 20.6%, but because Isakson won 53.2% of the vote, Isakson was able to avoid a runoff.[17]
2012 presidential candidacy
In 2010, “Cain addressed more than 40 Tea Party rallies, hit all the early presidential states, and became a YouTube sensation.”[6] In April, he teased the audience at the Southern Republican Leadership Conference about his being a possible 2012 presidential candidate by saying that there may be a “dark horse candidate.”[18][19] On September 24, 2010, Cain announced that he was considering a run for president in 2012 on the Republican Party ticket.[20] “In December, he was the surprise choice for 2012 GOP nominee in a reader poll on the conservative Web site RedState.com, narrowly edging out Palin.”[6]
Cain announced the formation of a presidential exploratory committee on January 12, 2011 on the Fox News Channel program Your World with Neil Cavuto.[21] [22]
Cain supports a non-federally subsidized efficient economic stimulus, saying: “We could grow this economy faster if we had bolder, more direct stimulus policies,” criticizing President Barack Obama’s stimulus plan as simply a “spending bill” instead of meaningful stimulus through permanent tax cuts.[23]
In December 2010, Jonah Goldberg of the National Review wrote of Cain: “it’s hard to imagine him amounting to more than an exciting also-ran.”[24]
In February 2011, Cain addressed the Conservative Political Action Conference (CPAC).[25] Ed Morrisey of the conservative website Hot Air said he “stole the show” and that some attendees were moved to tears by the speech.[26] In contrast, liberal website AlterNet accused Cain of pandering to white conservatives and referred to him and other black conservatives as “garbage pail kids”. Cain called the news website’s attacks racist and condemned its “shameful behavior”.[27]
Following a number of comments made by Cain regarding his attitudes toward Muslim people, he was asked in March 2011 if he would feel comfortable appointing a Muslim to his administration or as a Judge. Cain said “No, I will not … There’s this creeping attempt, there’s this attempt, to gradually ease Shariah Law, and the Muslim faith into our government. It does not belong in our government”[28][29] and he went on to cite court cases in Oklahoma[30] and New Jersey as evidence.[31] This led to criticisms of “bigotry” and “muslim bashing” from CAIR, whose spokesperson stated “It would be laughable if it weren’t having such a negative impact on the lives of Muslim Americans”.[32][33]
On May 5, 2011 Fox News presented a presidential campaign debate. Cain was one of five potential candidates who participated. (The others were Tim Pawlenty, Ron Paul, Gary E. Johnson and Rick Santorum as the higher-profile candidates declined Fox’s invitation.) Cain was declared the winner by pollster Frank Luntz after a show of hands among 29 debate witnesses who were chosen by Fox to act as a post-performance focus group.[34][35] …”
http://en.wikipedia.org/wiki/Herman_Cain
Herman Cain to Obama at CPAC: “U.S. Will Not Become U.S. of Europe on our Watch”
Herman Cain: Liberals ‘Don’t Want People to Know the Truth’
Related Posts On Pronk Palisades
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ZEITGEIST: MOVING FORWARD | OFFICIAL RELEASE | 2011–Video
ZEITGEIST: MOVING FORWARD | OFFICIAL RELEASE | 2011
Entertaining and interesting nonsense.
Background Articles and Videos
“Who is Peter Joseph?” Full Version – A Mini-Doc by Charles Robinson
Peter Joseph
“…Peter Joseph is an American independent filmmaker. He has written, directed, narrated, scored and produced three non-commercial, self-produced and freely-distributed documentary films called Zeitgeist: The Movie, Zeitgeist: Addendum and Zeitgeist: Moving Forward. These films comprise what is called the “Zeitgeist Film Series”. He is also the founder of the Zeitgeist Movement. …”
http://en.wikipedia.org/wiki/Peter_Joseph
Zeitgeist: Moving Forward
“…Zeitgeist: Moving Forward is the third installment in Peter Joseph‘s Zeitgeist film series. The movie was independently released in over 60 countries and in over 30 languages starting on January 15, 2011 with over 340 screenings worldwide.[1]The film was launched for free on the Internet starting January 26, 2011, receiving over 300,000 views on YouTube in the first 24 hours[2] and over 4.5 million views in the first two months of its release.[2]
http://en.wikipedia.org/wiki/Zeitgeist:_Moving_Forward
The Zeitgeist Movement
“…The Zeitgeist Movement (TZM) is a grassroots movement and online community.[3] It describes itself as a sustainability advocacy organization. The Zeitgeist Movement was inspired by the social response from Peter Joseph’s film Zeitgeist: Addendum, sequel to Zeitgeist: The Movie. It was Zeitgeist: Addendum which first introduced the Venus Project. A third film was released in theaters globally on January 15, 2011 and on the internet on the 25th called Zeitgeist: Moving Forward, which focuses on human behavior, technology, and rationality.[4] As of 2011, the Zeitgeist Movement and The Venus Project have split ways and are no longer functioning as a partnership.[5]
Concepts advocated by the Zeitgeist Movement
The core idea advocated by TZM is the replacement of current civilization with a money-free and cybernated “resource-based economy”.[6] The Zeitgeist Movement and the Venus Project promote replacing human labour with automation, government will be through collective participation of the public, aided by advanced cybernation.[6][7][8] According to the movement, there will be no decision-making process regarding greater social issues by human beings, those decisions are arrived at by using the scientific method, based on the carrying capacity of the Earth, rather than human opinions.[9] The replacement of human decision making by artificial intelligence is termed ‘Social Cybernation’.[10] Private property will not be abolished, but it will become obsolete as culture grows, being replaced by “a system of universal access”.[11]
Activities and publications
Zeitgeist Day (Z-Day)
The Zeitgeist Movement holds an annual “Z-Day” in March. The first Z-Day was on March 15, 2009 and the second on March 13, 2010. On this day, the Zeitgeist Movement has local gatherings to learn and share information with all interested individuals. In 2009 there were more than 450 events held in 70 countries around the world.[12] In 2009, among other events, Peter Joseph and Jacque Fresco spoke to a sold-out crowd of around 900 at the Borough of Manhattan Community College for over two hours.[13] The third Z-Day was on March 13, 2011. Peter Joseph and others spoke to a sold-out audience of 1100 at “Friends House” in Euston, London.
Michelle Rodriguez of Avatar attended Z Day 2011 in Los Angeles on March 12, 2011 at Los Angeles Convention Center.[14] She said she is intrigued by the idea of the Venus Project.
Brandon Boyd of Incubus also attended Z Day in Los Angeles with his girlfriend Baelyn Neff.[15] He said Zeitgeist Moving Forward is his favorite Zeitgeist film so far. He also said he is very familiar with Jacque Fresco and watched a documentary film about Jacque Fresco’s work called Future by Design.
Media Project
According to a press release circulated to members on May 12, 2010, the Zeitgeist Media Project (ZMP) Beta was released. According to the press release the Media Project is an extension of the Communications Team.[16]
Chapters
The Zeitgeist Movement members are organized into country/regional, state and city “sub”-chapters.[17] Each chapter/sub-chapter is hosted and maintained independently on its own domain, or in sub-domains from the Zeitgeist Movement’s main site. The chapters are coordinated by individuals or groups of individuals who are well-versed in the movement’s tenets and direction and have chosen to donate their time to help further its current goals. According to the Zeitgeist Movement July 2010 Newsletter, the Zeitgeist Movement has 46 official country chapters over 200 regional sub-chapters internationally.[18] This includes all 50 official U.S. state chapters.[19]
Radio address
Peter Joseph, the founder of the Zeitgeist Movement and other Zeitgeist Movement members deliver a weekly radio address which is broadcast every Wednesday on BlogTalkRadio. These broadcasts discuss the progress of the Zeitgeist Movement, hold interviews with various relevant personalities, provide information for the Zeitgeist Movement’s chapters, and answer questions sent in by listeners/members. There are two other BlogTalkRadio shows that discuss the Zeitgeist Movement, a resource-based economy and the Venus Project. One is Z Radio, a weekly broadcast co-hosted by Thunder and Franklee, and produced by Shawn Hodgins. The other, known as V-Radio,[20] is hosted by Neil Kiernan Stephenson (aka Liz, aka Brittany Smith, aka Leveer Silverleaf, aka VTV). …”
http://en.wikipedia.org/wiki/The_Zeitgeist_Movement
Read Full Post | Make a Comment ( None so far )George Carlin – We Like War–The Public Sucks–Videos
George Carlin – We Like War
George Carlin Doesn’t vote
Bill Cosby’s Race Against George Carlin
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The Arab Spring To Destroy Israel–Videos
Analysis of “Arab Spring” Revolutions – Dr. Boaz Ganor, Terrorism Expert
Ben Stein doesn’t trust the “Arab Spring”
Arab Spring not good for Israel
Arab Spring: Between Bad & Worse
Newshound – US-supported Arab Spring may backfire on ally Israel
‘Arab spring against US-backed puppet dictators’
Glenn Beck-05/18/11-A
Glenn Beck-05/18/11-B
Glenn Beck-05/18/11-C
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U.S. Government Hits The American People For $14,300 Billion National Debt–Enough Is Enough–Restoring Courage Event in Israel–Beck Goes Neocon?–Videos
Glenn Beck-05/16/11-A
Glenn Beck-05/16/11-B
Glenn Beck-05/16/11-C
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Carl Menger and The Marginalist Revolution–Videos
The Marginalist Revolution | Joseph T. Salerno
Menger and the Early Austrians
History of Austrian Economics
Principles of Economics by Carl Menger (read online)
“The reading of this book made an economist of me.”
~Ludwig von Mises
http://mises.org/etexts/menger/principles.asp
Background Articles and Videos
Biography of Carl Menger: The Founder of the Austrian School (1840-1921)
Joseph T. Salerno
Biography of Carl Menger: The Founder of the Austrian School (1840-1921)
by Joseph T. Salerno
“…Despite the many illustrious forerunners in its six-hundred year prehistory, Carl Menger (1840-1921) was the true and sole founder of the Austrian school of economics proper. He merits this title if for no other reason than that he created the system of value and price theory that constitutes the core of Austrian economic theory. But Menger did more than this: he also originated and consistently applied the correct, praxeological method for pursuing theoretical research in economics. Thus in its method and core theory, Austrian economics always was and will forever remain Mengerian economics.
Menger’s position as the originator of the fundamental doctrines of Austrian economics has been recognized and hailed by all eminent authorities on the history of Austrian economics. In his eulogy of Menger written upon the latter’s death in 1921, Joseph Schumpeter averred that “Menger is nobody’s pupil and what he created stands . . . . Menger’s theory of value, price, and distribution is the best we have up to now.” Ludwig von Mises wrote that “What is known as the Austrian School of Economics started in 1871 when Carl Menger published a slender volume under the title Grundsätze der Volkswirtschaftslehre [Principles of Economics]…. Until the end of the Seventies there was no `Austrian School.’ There was only Carl Menger.” For F. A. Hayek (1992, p. 62), the Austrian school’s “fundamental ideas belong fully and wholly to Carl Menger. . . . [W]hat is common to the members of the Austrian school, what constitutes their peculiarity and provided the foundations for their later contributions, is their acceptance of the teaching of Carl Menger.”
While there is no dispute regarding Menger’s role as creator of the defining principles of Austrian economics, there does exist some confusion regarding the precise nature of his contribution. It is not always fully recognized that Menger’s endeavor to radically reconstruct the theory of price on the basis of the law of marginal utility was not inspired by a vague subjectivism in outlook. Rather, Menger was motivated by the specific and overarching aim of establishing a causal link between the subjective values underlying the choices of consumers and the objective market prices used in the economic calculations of businessmen. The Classical economists had formulated a theory attempting to explain market prices as the outcome of the operation of the law of supply and demand. Yet, these economists were compelled to restrict their analysis to the monetary calculations and choices of businessmen while neglecting consumer choice for the lack of a satisfactory theory of value. Their theory of “calculated action” was correct as far as it went, and was used in demolishing the protectionist and interventionist schemes of sixteenth- and seventeenth-century mercantilists and the statist fantasies of nineteenth-century Utopian socialists. Thus, Menger’s ultimate goal was not to destroy Classical economics, as has sometimes been suggested, but to complete and firm up the Classical project by grounding the theory of price determination and monetary calculation in a general theory of human action. …”
The Concise Encyclopedia of Economics
Carl Menger
(1840-1921)
“… Carl Menger has the twin distinctions of being the founder of Austrian economics and a cofounder of the marginal utility revolution. Menger worked separately from William Jevons and Leon Walras and reached similar conclusions by a different method. Unlike Jevons, Menger did not believe that goods provide “utils,” or units of utility. Rather, he wrote, goods are valuable because they serve various uses whose importance differs. For example, the first pails of water are used to satisfy the most important uses, and successive pails are used for less and less important purposes.
Menger used this insight to resolve the diamond-water paradox that had baffled Adam Smith (see marginalism). He also used it to refute the labor theory of value. Goods acquire their value, he showed, not because of the amount of labor used in producing them, but because of their ability to satisfy people’s wants. Indeed, Menger turned the labor theory of value on its head. If the value of goods is determined by the importance of the wants they satisfy, then the value of labor and other inputs of production (he called them “goods of a higher order”) derive from their ability to produce these goods. Mainstream economists still accept this theory, which they call the theory of “derived demand.”
Menger used his “subjective theory of value” to arrive at one of the most powerful insights in economics: both sides gain from exchange. People will exchange something they value less for something they value more. Because both trading partners do this, both gain. This insight led him to see that middlemen are highly productive: they facilitate transactions that benefit those they buy from and those they sell to. Without the middlemen, these transactions either would not have taken place or would have been more costly.
Menger also came up with an explanation of how money develops that is still accepted today. If people barter, he pointed out, then they can rarely get what they want in one or two transactions. If they have lamps and want chairs, for example, they will not necessarily be able to trade lamps for chairs but may instead have to make a few intermediate trades. This is a hassle. But people notice that the hassle is much less when they trade what they have for some good that is widely accepted, and then use this good to buy what they want. The good that is widely accepted eventually becomes money. Modern economists describe this function of money as “avoiding the need for the double coincidence of wants.” Indeed, the word “pecuniary” derives from the Latin pecus, meaning “cattle,” which in some societies served as money. Other societies have used cigarettes, cognac, salt, furs, or stones as money. As economies became more complex and wealthier, they began to use precious metals (gold, silver, and so on) as money.
Menger extended his analysis to other institutions. He argued that language, for example, developed for the same reason money developed—to facilitate interactions between people. He called such developments “organic.” Neither language nor money was developed by government. …”
http://www.econlib.org/library/Enc/bios/Menger.html
Carl Menger
“…Carl Menger (February 28, 1840 – February 26, 1921) was the founder of the Austrian School of economics, famous for contributing to the development of the theory of marginal utility, which contested the cost-of-production theories of value, developed by the classical economists such as Adam Smith and David Ricardo.
Biography
Menger was born in Nowy Sącz in Austrian Galicia, (now in Poland). He was the son of a wealthy family of minor nobility; his father, Anton, was a lawyer. His mother, Caroline, was the daughter of a wealthy Bohemian merchant. He had two brothers, Anton and Max, both prominent as lawyers. After attending Gymnasium he studied law at the Universities of Prague and Vienna and later received a doctorate in jurisprudence from the Jagiellonian University in Kraków. In the 1860s Menger left school and enjoyed a stint as a journalist reporting and analyzing market news, first at the Lemberger Zeitung in Lwów, Ukraine and later at the Wiener Zeitung in Vienna.
During the course of his newspaper work he noticed a discrepancy between what the classical economics he was taught in school said about price determination and what real world market participants believed. In 1867 Menger began a study of political economy which culminated in 1871 with the publication of his Principles of Economics (Grundsätze der Volkswirtschaftslehre), thus becoming the father of the Austrian School of economic thought. It was in this work that he challenged classical cost-based theories of value with his theory of marginality.
In 1872 Menger was enrolled into the law faculty at the University of Vienna and spent the next several years teaching finance and political economy both in seminars and lectures to a growing number of students. In 1873 he received the university’s chair of economic theory at the very young age of 33.
In 1876 Menger began tutoring Archduke Rudolf von Habsburg, the Crown Prince of Austria in political economy and statistics. For three years Menger accompanied the prince in his travels, first through continental Europe and then later through the British Isles.[1] He is also thought to have assisted the crown prince in the composition of a pamphlet, published anonymously in 1878, which was highly critical of the higher Austrian aristocracy. His association with the prince would last until Rudolf’s suicide in 1889 (see the Mayerling Affair).
In 1878 Rudolf’s father, Emperor Franz Josef, appointed Menger to the chair of political economy at Vienna. The title of Hofrat was conferred on him, and he was appointed to the Austrian Herrenhaus in 1900.
Ensconced in his professorship he set about refining and defending the positions he took and methods he utilized in Principles, the result of which was the 1883 publication of Investigations into the Method of the Social Sciences with Special Reference to Economics (Untersuchungen über die Methode der Socialwissenschaften und der politischen Oekonomie insbesondere). The book caused a firestorm of debate, during which members of the Historical school of economics began to derisively call Menger and his students the “Austrian School” to emphasize their departure from mainstream economic thought in Germany – the term was specifically used in an unfavorable review by Gustav von Schmoller. In 1884 Menger responded with the pamphlet The Errors of Historicism in German Economics and launched the infamous Methodenstreit, or methodological debate, between the Historical School and the Austrian School. During this time Menger began to attract like-minded disciples who would go on to make their own mark on the field of economics, most notably Eugen von Böhm-Bawerk, and Friedrich von Wieser.
In the late 1880s Menger was appointed to head a commission to reform the Austrian monetary system. Over the course of the next decade he authored a plethora of articles which would revolutionize monetary theory, including “The Theory of Capital” (1888) and “Money” (1892).[2] Largely due to his pessimism about the state of German scholarship, Menger resigned his professorship in 1903 to concentrate on study.
References
External links
- Biography of Carl Menger The Founder of the Austrian School by Joseph T. Salerno
- Biography of Carl Menger The Concise Encyclopedia of Economics: Library of Economics and Liberty
- The Epistemological Import of Carl Menger’s Theory of the Origin of Money Ludwig von Mises in Human Action on Menger’s Theory of the Origins of Money
- Profile on Carl Menger at the History of Economic Thought Website
- Principles of Economics, online version provided by the Ludwig von Mises Institute.
- Grundsätze der Volkswirtschaftslehre (Principles of Economics)
- Principles of Economics (PDF Spanish)
- On the Origin of Money (English Translation), online version provided by the Monadnock Press …”
http://en.wikipedia.org/wiki/Carl_Menger
Carl Menger still woth reading
It’s the 171st birthday of the founder of the Austrian School of Economics, and his work is still relevant.
By Mario Rizzo, Guest blogger / February 24, 2011
“…Today is the birthday of Carl Menger, born February 23, 1840. Menger was, of course, the founder of the Austrian School of Economics. His Principles of Economics, a great achievement for its time, is still well worth reading. It conveys like no other book at the time (and unlike most basic texts today) the importance of mind, knowledge, ignorance, causal relationships between goods and wants, and of course marginal utility. I think we can still learn from Menger’s book today, especially about the importance of knowledge in economic development. Austrians should be pleased to have such a great mind as the founder of their school.
Menger’s work has garnered respect from even those who have not considered themselves Austrians. George Stigler, for example, wrote a very appreciative essay on Menger in his Production and Distribution Theories.For a long time Menger’s contributions were not clearly distinguished from those of Jevons and Walras, the other leaders of the “marginalist revolution.” We have William Jaffe to thank for his de-homogenization of the three great economists. But, really, a moment’s perusal of the three books should make the differences obvious. Walras is concerned about mathematical elegance and Jevons is so enamored of hedonistic psychology that he gives the appearance, at least, of casting marginalism as an application of Jeremy Bentham’s philosophy – thus unduly limiting it.
Menger also made contributions to the Scottish Enlightenment project of spontaneous order, especially with respect to the evolution of money and of common law. In this he shows himself a worthy successor to Adam Smith in a way that Walras and Jevons are not. …”
http://www.csmonitor.com/Business/ThinkMarkets/2011/0224/Carl-Menger-still-woth-reading
Read Full Post | Make a Comment ( None so far )Newt Gingrich Running For President As A Big Govenment Interventionist Republican Progressive aka Green “Compassionate” Conservative?–Favors Individual Health Care Mandates While Attacking Paul Ryan As A Right Wing Radical Social Engineer For Proposing A Premium Support or $15,000 Voucher System To Save Medicare From Bankruptcy!–Videos
Pronk Pops Show 28:May 18, 2011
Pronk Pops Show 27:May 9, 2011
Pronk Pops Show 26:May 5, 2011
Listen To Pronk Pops Podcast or Download Shows 27-28
Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-26
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
Listen To Pronk Pops Podcast or Download Shows 1-9
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Coming Up On The John Gibson Radio Show 05/17/11
Damage Control
Newt: I oppose the Obamacare mandate. Period.
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Newt Gingrich “1 Out Of Every 6 Americans Is On Food Stamps & To Hide Behind Charges Of Racism!” p.1
Newt Gingrich “1 Out Of Every 6 Americans Is On Food Stamps & To Hide Behind Charges Of Racism!” p.2
The Laura Ingraham Show – Paul Ryan responds to Newt Gingrich’s criticism of Ryan’s Medicare plan
Paul Ryan on the Urgent Need to Save and Strengthen Medicare
Rep Paul Ryan: Reform Medicare – Don’t Raid It
Paul Ryan previews FY2012 budget, pushes back on political attacks
Newt Gingrich Was More Supportive Of Individual Mandates Than Mitt Romney
In September 2007 I was listening to Neal Boortz when he had Newt Gingrich as a guest. If you listened to the show you would have concluded that Newt Gingrich was going to announce that he was running for President.
The following week Newt Gingrich announced he was not running.
I would have supported Newt Gingrich and voted for him had he run in 2008.
I no longer support Newt Gingrich and would not vote for him in 2012.
I made a mistake in 2008 that I will not repeat in 2012.
Fool me once, shame on you.
Fool me twice, same on me.
I am now supporting Ron Paul for President and hope he will pick Michele Bachmann as a Vice-President running mate.
Neither the Democratic or Republican Parties will balance the budget in the next ten years.
Both Gingrich and Ryan as well as President Obama are protecting the Washington D.C. bureaucracy and political class.
Neither Gingrich nor Ryan would reduce the size and scope of the Federal government.
Glenn Beck on Paul Ryan: We don’t need another John McCain
Beck talks to Paul Ryan about GOP Budget
Paul Ryan – If We Don’t Get This Budget Under Control Are Kids Will Pay 60 To 70 % In Taxes
Congressional Ratings 2010 Released February 2011
http://www.conservative.org/congress-ratings/
U.S. Debt Rating Drops to “Negative”
Summary of Outlays, Revenues (Receipts), Deficits, Surpluses Fiscal Years 1980-2010(Nominal Dollars in Millions) | |||
Fiscal Year | Outlays | Revenues (Receipts) | Deficits (-), Surpluses |
1980 | 590,941 | 517,112 | -73,830 |
1981 | 678,241 | 599,272 | -78,968 |
1982 | 745,743 | 617,766 | –127,977 |
1983 | 808,364 | 600,562 | -207,802 |
1984 | 851,805 | 666,488 | -185,367 |
1985 | 946,344 | 734,037 | -212,308 |
1986 | 990,382 | 769,155 | -221,277 |
1987 | 1,004,017 | 854,288 | -149,730 |
1988 | 1,064,417 | 854,288 | -155,178 |
1989 | 1,143,744 | 991,105 | -152,639 |
1990 | 1,252,994 | 1,031,958 | -221,036 |
1991 | 1,324,226 | 1,054,988 | -269,238 |
1992 | 1,381,529 | 1,091,208 | -290,321 |
1993 | 1,409,386 | 1,154,335 | -255,051 |
1994 | 1,461,753 | 1,258,566 | –203,186 |
1995 | 1,515,742 | 1,351,790 | -163,392 |
1996 | 1,560,484 | 1,453,053 | -107,431 |
1997 | 1,601,116 | 1,579,232 | -21,884 |
1998 | 1,652,458 | 1,721,728 | 69,270 |
1999 | 1,701,842 | 1,827,452 | 125,610 |
2000 | 1,788,950 | 2,025,191 | 236,241 |
2001 | 1,862,846 | 1,991,082 | 128,236 |
2002 | 2,010,894 | 1,853,136 | –157,758 |
2003 | 2,159,899 | 1,782,314 | -377,585 |
2004 | 2,292,841 | 1,880,114 | -412,727 |
2005 | 2,471,957 | 2,153,611 | -318,346 |
2006 | 2,655,050 | 2,406,869 | -248,181 |
2007 | 2,728,686 | 2,567,985 | -160,701 |
2008 | 2,982,544 | 2,523,991 | -458,553 |
2009 | 3,517,677 | 2,104,989 | -1,412,688 |
2010 | 3,456,213 | 2,162,724 | -1,293,489 |
For a history of the Federal Government’s Receipts (Revenues), Outlays, and Deficits and Surpluses
http://www.whitehouse.gov/omb/budget/Historicals
Ryan Unveils Much Anticipated 2012 Budget Plan
Paul Ryan Path to Prosperity Slide Show
Which Budgets Are Balanced And Living Within The Means of The American People?
Republican Party Budget Proposals
S-1 FY2012 Chairman’s Markup (Nominal Dollars in Billions) |
||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,618 | 2,230 | -1,388 | 10,351 |
2012 | 3,529 | 2,533 | -995 | 11,418 |
2013 | 3,559 | 2,860 | -699 | 12,217 |
2014 | 3,586 | 3,094 | -492 | 12,801 |
2015 | 3,671 | 3,237 | -434 | 13,326 |
2016 | 3,858 | 3,377 | -481 | 13,886 |
2017 | 3,998 | 3,589 | -408 | 14,363 |
2018 | 4,123 | 3,745 | -379 | 14,800 |
2019 | 4,352 | 3,939 | -414 | 15,254 |
2020 | 4,544 | 4,142 | -402 | 15,681 |
2021 | 4,739 | 4,354 | -385 | 16,071 |
2012-2021 | 39,958 | 34,870 | -5,088 | n.a. |
http://budget.house.gov/UploadedFiles/PathToProsperityFY2012.pdf
Democratic Party Budget Proposals
S-1 FY2012 President’s Budget(Nominal Dollars in Billions) | ||||
Fiscal Year | Outlays | Revenues | Deficits | Debt Held By Public |
2011 | 3,819 | 2,174 | -1,645 | 10,856 |
2012 | 3,729 | 2,627 | -1,101 | 11,881 |
2013 | 3,771 | 3,003 | -768 | 12,784 |
2014 | 3,977 | 3,333 | -646 | 13,562 |
2015 | 4,190 | 3,583 | -607 | 14,301 |
2016 | 4,468 | 3,819 | -649 | 15,064 |
2017 | 4,669 | 4,042 | -627 | 15,795 |
2018 | 4,876 | 4,257 | -619 | 16,513 |
2019 | 5,154 | 4,473 | -681 | 17,284 |
2020 | 5,442 | 4,686 | -735 | 18,103 |
2021 | 5,697 | 4,923 | -774 | 18,967 |
2012-2021 | 45,952 | 38,747 | -7,205 | n.a. |
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf
Tea Party Budget Proposals
S-1 FY2012 Tea Party’s Balanced/Surplus Budget(Nominal Dollars in Billions) | ||||
Fiscal Year | Outlays | Revenues | Surpluses | Debt Held By Public |
2012 | 2,500 | 2,500 | 0 | 10,900 |
2013 | 2,800 | 2,800 | 0 | 10,900 |
2014 | 3,000 | 3,000 | 0 | 10,900 |
2015 | 3,200 | 3,200 | 0 | 10,900 |
2016 | 3,300 | 3,300 | 0 | 10,900 |
2017 | 3,400 | 3,500 | 100 | 10,800 |
2018 | 3,500 | 3,700 | 200 | 10,600 |
2019 | 3,600 | 3,900 | 300 | 10,300 |
2020 | 3,700 | 4,000 | 300 | 10,000 |
2021 | 3,800 | 4,300 | 500 | 9,500 |
2012-2021 | 32,800 | 34,200 | 1,400 | n.a. |
Neither political party is serious about balancing the budget and cutting Federal government spending in the next thirty years, if then.
The so-called fight about the National Debt statutory ceiling or debt is a farce.
Both political parties periodically increase it when they need to.
Both political parties will agree to increase the National Debt Ceiling by over $1,000 billion to cover just the Fiscal Year 2011 deficist.
Only Ron Paul will balance the budget by closing eight to ten Federal Departments and cutting the budgets of the remaining Departments:
- Department of Defense
- Department of State
- Department of Justice
- Department of Treasury
Only Ron Paul will insist on a balanced budget in Fiscal Year 2012 and opposes any increase in the National Debt ceiling.
Only Ron Paul opposes government intervention at home and abroad.
Only Ron Paul will transform the United States from a warfare and welfare economy with a massive collectivist state to a peace and prosperity economy with a limited constitutional republic.
Join the second American revolution and campaign for liberty!
Ron Paul on Morning Joe Talking About Paul Ryan Budget and Foreign Policy
Ron Paul on CNBC Kudlow Report 03-02-2011
Ron Paul Extreme Or Big Government Extreme!
Ron Paul : This Time We Have More Voluteers!
Ron Paul : President Isn´t A Dictator!
Ron Paul and Liberty on Fox’s Freedom Watch 5/13
U.S. Debt Clock
http://www.usdebtclock.org/
Background Articles and Videos
“…Who does best against Obama? Paul. The congressman from Texas, who also ran as a libertarian candidate for president in 1988 and who is well liked by many in the tea party movement, trails the president by only seven points (52 to 45 percent) in a hypothetical general election showdown. Huckabee trails by eight points, with Romney down 11 points to Obama. The poll indicates the president leading Gingrich by 17 points, Palin by 19, and Trump by 22 points. …”
http://www.voteronpaul.com/newsDetail.php?CNN-Poll-Ron-Paul-does-best-against-Obama-in-2012-3323
Election 2012: Barack Obama 42%, Ron Paul 41%
Gingrich Blasts House GOP’s Medicare Plan
Presidential Candidate Calls It ‘Right-Wing Social Engineering,’ Agrees With Obama About Need for Insurance Mandate
“…White House hopeful Newt Gingrich called the House Republican plan for Medicare “right-wing social engineering,” injecting a discordant GOP voice into the party’s efforts to reshape both entitlements and the broader budget debate.
In the same interview Sunday, on NBC’s “Meet the Press,” Mr. Gingrich backed a requirement that all Americans buy health insurance, complicating a Republican line of attack on President Barack Obama’s health law.
The former House speaker’s decision to stick with his previous support for an individual mandate comes days after former Massachusetts Gov. Mitt Romney defended the health revamp he championed as governor, which includes a mandate.
The moves suggest the Republican primary contest, which will include both men, could feature a robust debate on health care, with GOP candidates challenging the Democratic law while defending their own variations. …”
Milton Friedman on Libertarianism (Part 4 of 4)
03/17/11: Sen. Rand Paul Introduces Five-Year Balanced Budget Plan
It’s Simple to Balance The Budget Without Higher Taxes
There Are too Many Bureaucrats and They Are Paid too Much
Eight Reasons Why Big Government Hurts Economic Growth
The Empirical Evidence Against Big Government
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Ron Paul Running For President Of The United States in 2012–It Is Official–The Third Time Is The Charm!–Videos
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