Ken Follett — The Century Triology: Fall of Giants — Winter of The World — Edge of Eternity — Videos

Posted on August 29, 2015. Filed under: American History, Blogroll, Book, Books, British History, College, Communications, Culture, Economics, Education, European History, Federal Government Budget, Fiction, Fiscal Policy, history, Investments, Law, liberty, Life, Links, Literature, media, Money, People, Philosophy, Photos, Politics, Rants, Raves, Tax Policy, Video, War, Welfare, Wisdom, Writing | Tags: , , , , , , , , , , , , , , , |

 Eye to Eye: Ken Follett

Ken Follett Discusses Fall of Giants

Fall of Giants – Ken talks about the characters

Book TV: Ken Follett, “Fall of Giants”

Ken Follett: Fall of Giants Source

KEN FOLLETT on WINTER OF THE WORLD

BookTV: Ken Follett, “Winter of the World”

WINTER OF THE WORLD – Characters

WINTER OF THE WORLD – Ken Follett reads from his new book

Winter Of The World Audiobook

Synopsis | Edge Of Eternity: Book Three Of The Century Trilogy By Ken Follett

Author Ken Follett Talks About “Edge of Eternity”

Ken Follett presenting his new novel “Edge Of Eternity”

On The Trail Of History with Ken Follett – Berlin

On The Trail Of History with Ken Follett – London

Ken Follett | “… one day you might want to wright something better” | Skavlan

“Edge of Eternity”: Author Ken Follett bases fiction series on historical events

Peace ‘n’ Pop | Ken Follett

Ken Follett

Kenneth Martin “Ken” Follett (born 5 June 1949) is a Welsh author of thrillers and historical novels. He has sold more than 150 million copies of his works.[1] Many of his books have reached the number 1 ranking on the New York Times best-seller list, including Edge of Eternity, Fall of Giants, The Key to Rebecca, Lie Down with Lions, Triple, Winter of the World, and World Without End.[2]

Biography

Early life

Follett was born on 5 June 1949 in Cardiff, Wales. He was the first child of Martin Follett, a tax inspector, and Lavinia (Veenie) Follett, who went on to have three more children.[3][4] Barred from watching movies and television by his Plymouth Brethren parents, he developed an early interest in reading but remained an indifferent student until he entered his teens.[3][4] His family moved to London when he was ten years old, and he began applying himself to his studies at Harrow Weald Grammar School and Poole Technical College. He won admission in 1967 toUniversity College London, where he studied philosophy and became involved in centre-left politics.

Marriage and early success

He married Mary, in 1968, and their son Emanuele was born in the same year. After graduation in the autumn of 1970, Follett took a three-month post-graduate course in journalism and went to work as a trainee reporter in Cardiff on the South Wales Echo. In 1973 Ken and Mary’s daughter, Marie-Claire, was born. After three years in Cardiff, he returned to London as a general-assignment reporter for the Evening News. Finding the work unchallenging, he eventually left journalism for publishing and became, by the late 1970s, deputy managing director of the small London publisher Everest Books.[3] He also began writing fiction during evenings and weekends as a hobby. Later, he said he began writing books when he needed extra money to fix his car, and the publisher’s advance a fellow journalist had been paid for a thriller was the sum required for the repairs.[5] Success came gradually at first, but the publication of Eye of the Needle in 1978 made him both wealthy and internationally famous.

Further successes

Each of Follett’s subsequent novels has also become a best-seller, ranking high on the New York Times Best Seller list; a number have been adapted for the screen.

Ken Follett has written 29 books in the past 35 years. The first five best-sellers were spy thrillers: Eye of the Needle (1978), Triple (1979), The Key to Rebecca (1980), The Man from St. Petersburg (1982) and Lie Down with Lions (1986). On Wings of Eagles (1983), was the true story of how two of Ross Perot‘s employees were rescued from Iran during the revolution of 1979. He then surprised readers by radically changing course with The Pillars of the Earth (1989), a novel about building a cathedral in the Middle Ages. It received rave reviews and was on the New York Times best-seller list for 18 weeks. It also topped best-seller lists in Canada, Britain and Italy, and was on the German best-seller list for six years. It has sold 18 million copies so far.

The next three novels, Night Over Water (1991), A Dangerous Fortune (1993) and A Place Called Freedom (1995) were more historical than thriller, but he returned to the thriller genre withThe Third Twin (1996) which in the Publishing Trends annual survey of international fiction best-sellers for 1997 was ranked no. 2 worldwide, after John Grishams The Partner. His next work, The Hammer of Eden (1998) was another contemporary suspense story followed by a cold war thriller Code to Zero (2000).

Ken Follett with his book Eisfieber (English: Whiteout) in October 2005

Follett returned to the World War II era with his next two novels, Jackdaws (2001), a thriller about a group of women parachuted into France to destroy a vital telephone exchange – which won the Corine Prize for 2003 – and Hornet Flight (2002), about a daring young Danish couple who escape to Britain from occupied Denmark in a rebuilt Hornet Moth biplane with vital information about German radar. Whiteout (2004), is a contemporary thriller about the theft of a deadly virus from a research lab.

World Without End (2007) is the sequel to Pillars of the Earth. The book returns to Kingsbridge two hundred years later, and features the descendents of the characters in ‘Pillars’. It focuses on the destinies of a handful of people as their lives are devastated by the Black Death, the plague that swept Europe in the middle of the fourteenth century.

Century trilogy

Follett’s next three novels, Fall of Giants, Winter of the World and Edge of Eternity, make up the Century trilogy. Fall of Giants (2010) followed the fates of five interrelated families – American, German, Russian, English and Welsh – as they moved through the world-shaking dramas of the First World War, the Russian Revolution and the struggle for women’s suffrage. Fall of Giants, published simultaneously in 14 countries, was internationally popular and topped several best-seller lists.[6]

Winter of the World (2012) picks up where the first book left off, as its five interrelated families enter a time of enormous social, political, and economic turmoil, beginning with the rise of theThird Reich, through the Spanish Civil War and the great dramas of World War II, to the explosions of the American and Soviet atom bombs and the beginning of the long Cold War.

The third novel in the ‘Century’ trilogy, Edge of Eternity, which follows those families through the events of the last half of the century, was published on 16 September 2014. Like the previous two books, it chronicles the lives of five families through the Cold war and civil-rights movements.[7]

Future project

Ken Follett’s next project is already underway. It will be the third book in the Kingsbridge series, following on from “The Pillars of the Earth” and “World Without End”. This will be set in Kingsbridge in the sixteenth century, the time of Queen Elizabeth I. The book should be released in 2017.[8]

Appearances and adaptations in other media

Eye of the Needle was made into an acclaimed film, starring Donald Sutherland, and six novels have been made into television mini-series: The Key to Rebecca, Lie Down with Lions, On Wings of Eagles, The Third Twin – the rights for which were sold to CBS for $1 400 000, a record price at the time – and The Pillars of the Earth and World Without End. These last two have been screened in several languages in many countries. Ken Follett also had a cameo role as the valet in The Third Twin and later as a merchant in The Pillars of the Earth.

Public life

Ken Follett is a member of various organisations that promote literacy and writing, and is actively involved in various organisations in his home town of Stevenage.

  • Chair of the National Year of Reading 1998-99, a British government initiative to raise literacy levels.[9]
  • Fellow of University College, London (1994)
  • Fellow of Yr Academi Gymreig – the Welsh Academy (2011)
  • Fellow of the Royal Society of Arts
  • President, Dyslexia Action (1998-2009)[10]
  • Chair, National Year of Reading (1998–99)
  • Patron, Schools Radio (2007-)
  • Chair of the Advisory Committee, Reading Is Fundamental (RIF) UK (2003-)
  • Board Member, National Academy of Writing (2003-)
  • Trustee, National Literacy Trust (1996-)

He is active in numerous Stevenage charities and was a governor of Roebuck Primary School for ten years, serving as the Chair of Governors for four of those years.

On 15 September 2010, Follett, along with 54 other public figures, signed an open letter published in The Guardian stating their opposition to Pope Benedict XVI‘s state visit to the UK.[11]

He has also donated £25,000 to the Yvette Cooper campaign in the Labour Party (UK) leadership election, 2015,[12] as well as another £25,000 from his wife Barbara Follett[13]

Awards

Personal life

Follett became involved, during the late 1970s, in the activities of Britain’s Labour Party. In the course of his political activities, he met the former Barbara Broer, a Labour Party official, who became his second wife in 1984. She was elected as a Member of Parliament in 1997, representing Stevenage. She was re-elected in both 2001 and in 2005, but did not run in the 2010 general election.[18] Follett himself remains a prominent Labour supporter and fundraiser as well as a prominent Blairite. In 2010, he was the largest donor to Ed Balls‘s campaign to become leader of the Labour Party, saying “Ed Balls is the only Labour leadership candidate who offers a path to economic growth; his time at the treasury, with low borrowing and high growth, shows he is the true candidate of the centre in this leadership election. Only Ed offers a broad appeal to all voters and is not afraid to stand up to the left wing of the party, much like Tony Blair.”[citation needed]

Bibliography

Follett statue in Vitoria-Gasteiz, Spain.

Apples Carstairs series (as Simon Myles)

  • The Big Needle (1974) (a.k.a. The Big Apple – U.S.)
  • The Big Black (1974)
  • The Big Hit (1975)

Piers Roper series

  • The Shakeout (1975)
  • The Bear Raid (1976)

Kingsbridge series

The Century Trilogy

Standalone novels

Non-fiction

  • The Heist of the Century (1978) (with René Louis Maurice, others) (a.k.a. The Gentleman of 16 July – U.S.) (a.k.a. Under the Stars of Nice) (a.k.a. Robbery Under the Streets of Nice) (a.k.a. Cinq Milliards au bout de l’égout, 1977)[20][21]

References and notes

  1. Jump up^ http://ken-follett.com/faq/. Missing or empty |title= (help)FAQ Page of Ken-Follett.com
  2. Jump up^ “Ken Follett”.New York Times List of Number One Best Sellers
  3. ^ Jump up to:a b c “Ken Follett”. WNYC. 7 December 2003. Archived from the original on 1 December 2008. Retrieved 2009-01-28.
  4. ^ Jump up to:a b “The early years …”. Retrieved 2009-01-28.
  5. Jump up^ Itzkoff, Dave (21 July 2010). “No Money to Fix Your Car? Write a Best Seller”. The New York Times. Retrieved 2010-07-22.
  6. Jump up^ http://ken-follett.com/downloads/biography/Ken_Follett_biography_en_1209.pdf
  7. Jump up^ http://svetlanalasrado.wordpress.com/2014/09/23/follett-tweaks-beststeller-formula/
  8. Jump up^ [1]
  9. Jump up^ http://www.greatertalent.com/kenfollett/
  10. Jump up^ http://www.nottinghampost.com/Charley-Boorman-s-visit-young-offenders/story-12233012-detail/story.html
  11. Jump up^ “Letters: Harsh judgments on the pope and religion”. The Guardian (London). 15 September 2010. Retrieved 16 September 2010.
  12. Jump up^ . p. The Electoral Commission http://search.electoralcommission.org.uk/English/Donations/C0204458. Retrieved 2015-08-19. Missing or empty |title= (help)
  13. Jump up^ . p. The Electoral Commission http://search.electoralcommission.org.uk/English/Donations/C0204457. Retrieved 2015-08-19. Missing or empty |title= (help)
  14. Jump up^ http://www.que-leer.com/19675/maria-duenas-y-ken-follett-premios-que-leer-de-los-lectores.html
  15. Jump up^ http://www.shelfari.com/awards/Hungarian-Libri-Golden-Book-Award
  16. Jump up^ http://www.catedralvitoria.com/ingles/mediateca_videos.php?opc=2_117&pagina=1
  17. Jump up^ http://www.premiobancarella.info/bancarella/albo.php
  18. Jump up^ “MP Follett to repay largest sum”. BBC News. 4 February 2010. Retrieved 2010-07-22.
  19. Jump up^ “Winter of the World by Ken Follett” CBS News
  20. Jump up^ Follett rewrote this book after two translators had failed to produce a publishable version of the original French work. Follett has tried to keep it from being published under his name and disowns it entirely, entreating readers not to buy it. [2]
  21. Jump up^ Translation from original French version.

Further reading

External links

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Inside the Madoff Scandal — Videos

Posted on November 19, 2013. Filed under: Blogroll, Books, Communications, Crime, Diasters, Economics, Federal Government, Fraud, government, government spending, IRS, People, Philosophy, Politics, Psychology, Rants, Raves, Regulations, Religion, Securities and Exchange Commission, Security, Taxes, Technology, Video, Wealth, Wisdom, Writing | Tags: , , , , , , , , , , |

Inside the Madoff Scandal: Chapter One

Inside the Madoff Scandal: Chapter Two

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Erin Arvedlund — Too Good to be True- The Rise and Fall of Bernie Madoff — Videos

Posted on November 19, 2013. Filed under: American History, Blogroll, Books, Business, Communications, Computers, Economics, Education, Employment, Federal Government, government, government spending, history, Inflation, Investments, Language, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Monetary Policy, People, Philosophy, Photos, Psychology, Rants, Raves, Religion, Video, Wisdom | Tags: , , , , , , , , , , , |

too_good_to_be_true

Erin_Arvedund

Too Good to be True- The Rise and Fall of Bernie Madoff Part 1

Erin Arvedlund first wrote about Bernie Madoff for Barrons in 2001 and published her book, Too Good to be True- The Rise and Fall of Bernie Madoff in August of 2009. In this episode of The Massachusetts School of Law’s Books of our Time, Dean Velvel, himself a Madoff victim, and Arvedlund discuss the history of the brokerage industry, the possible culpability of the entire Madoff family, the difference between Madoff’s legitimate brokerage firm and his illegitimate hedge fund and the steps that lead up to the largest Ponzi scheme in American History. Arvedlund tells the story of Madoff’s infamous Ponzi scheme with the knowledge and detail of an insider, and sheds new light on the greatest financial enigma of American History.

The Massachusetts School of Law also presents information on important current affairs to the general public in television and radio broadcasts, an intellectual journal, conferences, author appearances, blogs and books. For more information visit mslawledu.

Too Good to be True- The Rise and Fall of Bernie Madoff Part 2

[youtub4e=http://www.youtube.com/watch?v=8CdqYJZfyq0]

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The Madoff Hustle — Videos

Posted on November 19, 2013. Filed under: American History, Blogroll, Business, Communications, Computers, Computers, Crime, Diasters, Economics, Education, Federal Government, Federal Government Budget, Fiscal Policy, Fraud, government, government spending, history, Law, liberty, Life, Links, Literacy, People, Philosophy, Programming, Raves, Tax Policy, Technology, Video, Wealth, Wisdom, Writing | Tags: , , , , , , , , , , , , , |

madoff_hustle

The Madoff Hustle – Part 1

The Madoff Hustle – Part 2

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Gretchen Morgenson & Joshua Rosner–Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led To Economic Armageddon–Videos

Posted on July 7, 2011. Filed under: American History, Blogroll, Books, Business, Communications, Federal Government, government, government spending, history, Homes, Language, Law, liberty, Life, Links, media, People, Philosophy, Politics, Raves, Resources, Taxes, Unemployment, Video, Wealth, Wisdom | Tags: , , , , , , , , |

 

 

Charlie Rose – Gretchen Morgenson 06/03/11

 

Gretchen Morgenson & Joshua Rosner on Democracy Now! on the Causes of the Financial Crisis. 1 of 2

 

Gretchen Morgenson & Joshua Rosner on Democracy Now! on the Causes of the Financial Crisis. 2 of 2

 

BookTV: Gretchen Morgenson and Joshua Rosner, “Reckless Endangerment”

 

Rush on ‘Reckless Endangerment’

 

 

Background Articles and Videos

Gretchen C. Morgenson

“…Gretchen C. Morgenson (born January 2, 1956 in State College, Pennsylvania) is a Pulitzer Prize-winning journalist who writes the Market Watch column for the Sunday “Money & Business” section of the New York Times.[1][2]

Morgenson graduated in 1976 from Saint Olaf College in Northfield, Minnesota with a B.A. degree in English and history. She went to work as an assistant editor with Vogue magazine, eventually becoming a writer and financial columnist. In 1981 she co-authored the book The Woman’s Guide to the Stock Market and that same year joined the Wall Street stockbrokerage, Dean Witter Reynolds where she remained until January 1984. She returned to writing on financial matters at Money magazine and in late 1986 accepted an offer from Forbes magazine to work as an editor and an investigative business writer. In mid 1993, she left Forbes magazine to become the executive editor at Worth magazine but in September 1995 took on the job of press secretary for the Presidential election campaign of Steve Forbes following which she was appointed assistant managing editor at Forbes magazine.

She is married, has a son and lives in New York City.

In May 1998 Gretchen Morgenson became the assistant business and financial editor at the New York Times. She has written about the conflicts of interests between financial analysts and their employers who generate income money from the companies that the analysts assess.

Beginning in 2005, Morgenson has been focusing on executive compensation packages being paid by American companies that she asserts has reached levels far in excess of what can be justified to shareholders.

In 2006, Morgenson broke a story about a Wall Street analyst (Matthew Murray) who was fired shortly after he reported emails to Congress concerning potential violations of SEC regulation AC by the investment bank (Rodman & Renshaw) that he worked for at the time. The emails allegedly documented that the investment bank wouldn’t let the analyst lower his rating, or have his name removed from coverage, of an investment banking client. A subsequent article by Morgenson highlighted a letter she obtained from the Senate Finance Committee in which Senator Grassley stated that the investment bank’s Chairman (General Wesley Clark) had acknowledged to his staff that the analyst had been fired from the investment bank as a result of reporting the emails to Congress.[3]

In 2009, The Nation called her “The Most Important Financial Journalist of Her Generation”.[4] She has appeared on Bill Moyers Journal,[5] and Charlie Rose.[6] …”

http://en.wikipedia.org/wiki/Gretchen_Morgenson

 

“…Overview 

The New York Times’s Pulitzer Prize-winning columnist reveals how the financial meltdown emerged from the toxic interplay of Washington, Wall Street, and corrupt mortgage lenders

In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times,exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy.

Drawing on previously untapped sources and building on original research from coauthor Joshua Rosner—who himself raised early warnings with the public and investors, and kept detailed records—Morgenson connects the dots that led to this fiasco.

Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, the FDIC, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster.

Character-rich and definitive in its analysis, this is the one account of the financial crisis you must read. …”

http://www.barnesandnoble.com/w/reckless-endangerment-gretchen-morgenson/1101105111

 

Gretchen Morgenson on Dialogue

 

Charlie Rose – Gretchen Morgenson and Allan Sloan

 

6/30/2007-Prt 1 Gretchen Morgenson Interviewed by Bill Moyer

 

 

6/30/2007-Prt 2 Gretchen Morgenson Interviewed by Bill Moyer

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The Boom & Bust Years–Videos

Posted on October 25, 2010. Filed under: Blogroll, College, Communications, Economics, Education, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, history, Investments, Language, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Rants, Raves, Regulations, Security, Taxes, Technology, Video, Wisdom | Tags: , , , , , , , , , , |

The Boom & Bust Years P1

 

The Boom & Bust Years P2

 

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Posted on April 26, 2010. Filed under: Blogroll, Climate, Communications, Culture, Economics, Education, Employment, Energy, Federal Government, Fiscal Policy, government, government spending, Language, Law, liberty, Life, Links, media, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Talk Radio, Taxes, Video, Wisdom | Tags: , , , , , , , , , , , , , , , , |

Conspiracy Theory Jesse Ventura – Global Warming – Part 1/6 [EPISODE 3]

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Richard Lindzen, Roy Spencer, and Fred Singer On The Climate and Global Warming Alarmists and Junk Science Computer Models –Videos

Global Warming Is Caused By Man: The Arrogance of Man–The Wrath Of Mother Nature–

Al Gore Global Warming Hot Head Says The Artic Ice Cap Will Disappear In 5-10-15 Years–Volcanoe Gate–Eruptions Melt Ice and Increase Carbon Dioxide!–Videos

Climategate–A Political Scam, Investment Fraud, and Science Scandal of The Century Exposed–The Progressive Radical Socialist’s Big Lie And Con That Man Is The Cause Of Global Warming Was In Fact Nothing More Than Politicians, Investment Bankers, and Government Scientists Creating Climate Crisis!–

Glenn Beck, John Bolton, and Lord Christopher Monckton On Copenhagen 2009 Treaty, Climate Change and World Government–Videos

Lord Christopher Monckton–Climate Change–Treaty–Videos

“We Can Reverse Climate Change”–President Barack Obama–Liar or Fool–Or Both–You Be The Judge!

Time To Sound The Alarm: Call Your Representative and Senators–Cap and Trade Bill to be Voted in U.S. House on Friday–Kill The Cap and Trade Energy Tax Today! UPDATED

Green Government Gestapo Goons: Global Warming Police Force Invades Your Home And Living in Your Home May Be A Crime!

White House Memo: Carbon Dioxide Is Not A Pollutant and A Cap And Trade Program (Carbon Dioxide Tax) Serious Economic Impact –The Smoking Gun Video!

Save Your Job and Life–Abolish The Environmental Protection Agency!

President Obama–Killer of The American Dream and Market Capitalism–Stop The Radical Socialists Before They Kill You!

MAJOR REDUCTIONS IN CARBON EMISSIONS ARE NOT WORTH THE MONEY DEBATE–Videos

Facing Fundamental Facts

Let Them Eat Cake Act: American Elites Killing and Starving The American People

Clinton’s Cap and Trade Tax on The American People for Consuming Electricity and Driving Cars, SUVs and Trucks!

The Heidelberg Appeal: Beware of False Gods and Prophets

Saving The World: The Importance of Getting The Priorities Right

Collectivism: Socialism, Communism, Progressivism and Fascism

The Battle For The World Economy–Videos

Walter Block–Videos

Thomas DiLorenzo–The Economic Model of the Fascist State–Videos

G. William Domhoff: Who Runs America–Videos

Jonah Goldberg–Liberal Fascism–Videos

Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

G. Edward Griffin- On Individualism vs. Collectivism–Videos

George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos

Today’s Progressives–Obama’s Radical Socialist Democratic Party

It Is Official–America On The Obama Road To Fascism–Thomas Sowell!

President Obama and His Keynesian Spending Cult of The Fascist Democrat Radicals–FDRs

The Racist Test for Judge Sonya Sotomayor and President Obama–Racism Unmasked!

Calling and Raising The Stakes for Race Card Players–Obama and Sotomayor

George Soros: Government Interventionist and Global Socialist–Obama’s Puppeter Master–Videos

George Soros: Barack Obama’s Money Man and Agenda Puppeter

The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence, Spending, Deficits, Debts, Taxes And Regulations!

The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence!

President Barack Obama’s Role Model–President Franklin D. Roosevelt–The Worse President For The U.S. and World Economies and The American People–With The Same Results–High Unemployment Rates–Over 25 Million American Citizens Seeking Full Time Jobs Today–Worse Than The Over 13 Million Seeking Jobs During The Worse of The Great Depression!

Progressives

Progressive Radical Socialist Health Care Plan Written In Prison By Convicted Felon Richard Creamer!

Obamanomics–New Deal Progressive Radical Socialist Interventionism

Eugenics, Planned Parenthood, Population Control, and Designer Babies–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

The Obama Depression: Lessons Learned–Deja Vu!

Lord Christopher Monckton–Climate Change–Treaty–Videos

Progressive Radical Socialist Canned Criticism of American People: Danger, Profits, and Wrong Thinking

The Battle For The World Economy–Videos

Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

Obama’s Civilian National Security Force–Youth Corp Wave–Friendly Fascism Faces–Cons–Crooks–Communists–Communities–Corps!

Obama’s Hidden Agenda and Covert Cadre of Marxists, Communists, Progressives, Radicals, Socialists–Far Left Democrats Destroying Capitalism and The American Republic

Yuri Bezmenov On KGB Soviet Propaganda and Subversion–Videos

KGB Defector Yuri Bezmenov: Soviet Subversion of the Free World Press–Videos

The Bloody History of Communism–Videos

Obama Youth–Civilian National Security Force–National Socialism–Hitler Youth–Brownshirts– Redux?–Collectivism!

American Progressive Liberal Fascism–The Wave of The Future Or Back To Past Mistakes?

Today’s Progressives–Obama’s Radical Socialist Democratic Party

President Obama–Killer of The American Dream and Market Capitalism–Stop The Radical Socialists Before They Kill You!

The Progressive Radical Socialist Family Tree–ACORN & AmeriCorps–Time To Chop It Down

It Is Official–America On The Obama Road To Fascism–Thomas Sowell!

President Obama and His Keynesian Spending Cult of The Fascist Democrat Radicals–FDRs

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Obama’s Radical Socialism is Bad–Greed is Good–Cap Government Spending Not Wages!

Posted on February 5, 2009. Filed under: Blogroll, Economics, Employment, Investments, Law, Philosophy, Politics, Quotations, Uncategorized, Video | Tags: , , , , , |

 

obama_cap

Wall Street – Greed Is Good

 

Obama: Caps Executive Pay Tied to Bailout Money

 

Obama Slams Wall Street for $18 Billion Bonuses

 

Glenn Beck on Obama’s ‘Change’: Socialism

 

BAILOUT IS UNCONSTITUTIONAL: Sen. Tom Coburn (R-OK)

 

Rise and Fall of the National Industrial Recovery Act

 

Supreme Court vs. New Deal’s NIRA

 

Lawrence G. Hrebiniak: The Mismanagement of America, Inc.


 

Milton Friedman – Greed

 

Milton Friedman – Free to Choose 1990 – 1 of 5 The Power of the Market PL 3/5

 

What is both irresponsible and unconstitutional is for the Federal Government to bailout failing banks and companies that are “too big to fail”.

If they are too big to fail–they are both too big and should fail.

Government intervention leads only to more government intervention.

First the government bails the bank or company out.

Then the Federal Government insists on conditions as to how the executives should run their business.

The Federal Government should not been running businesses.

That is not the  function of government

Boycott all companies and banks that have accepted a Federal Government bailout.

Do not work for any company or bank that has accepted a Federal Government bailout.

Time to cap the size of Federal Government spending and the National Debt–the Federal Government is out of control and fiscally irresponsible

When have you heard anything on the news about Federal Government employees being laid off?

The last time was when President Clinton cut the size of the military by about a third–the so-called “peace dividend”.

How many Government Departments has President Obama closed?

How many White House staffers (over 1,700) have been laid-off?

Time for some real change–downsize the Federal Government–starting with the White House staff.

No bailouts, no salary caps–smaller government.

Real Hope, Real Change.

 

Background Articles and Videos

Survival of the fittest

“Survival of the fittest” is a phrase which is shorthand for a concept relating to competition for survival or predominance. Originally applied by Herbert Spencer in his Principles of Biology of 1864, Spencer drew parallels to his ideas of economics with Charles Darwin’s theories of evolution by what Darwin termed natural selection.

Although Darwin used the phrase “survival of the fittest” as a synonym for “natural selection”,[1] it is a metaphor, not a scientific description.[2] It is not generally used by modern biologists, who use the phrase “natural selection” almost exclusively.

An interpretation of the phrase to mean “only the fittest organisms will prevail” (a view common in social Darwinism) is not consistent with the actual theory of evolution. Any organism which is capable of reproducing itself on an ongoing basis will survive as a species, not just the “fittest” ones. A more accurate characterization of evolution would be “survival of the fit enough.”[3] Furthermore, the term “fittest” or “fit enough” refers only to an organism’s ability to survive, and not necessarily to physical strength, intelligence, or any other characteristic regarded as positive by human beings. Thus, “survival of the fittest” could simply mean “survival of those who are better equipped for surviving,” which is a tautology.[4]

 

While the British economist Herbert Spencer is often credited with introducing the phrase “survival of the fittest” in his 1851 work Social Statics (relating to free market economics) or his First Principles of a New system of Philosophy of 1862, he actually did not use the phrase until after reading Charles Darwin‘s On the Origin of Species. and introduced it in his Principles of Biology of 1864, vol. 1, p. 444, writing “This survival of the fittest, which I have here sought to express in mechanical terms, is that which Mr. Darwin has called ‘natural selection’, or the preservation of favoured races in the struggle for life.”[5]

In The Man Versus The State Spencer used the phrase in a postscript to justify a plausible explanation for why his theories would not be adopted by “societies of militant type.” He uses the term in the context of societies at war, and the form of his reference suggests that he is applying a general principle.[6]

Thus by survival of the fittest, the militant type of society becomes characterized by profound confidence in the governing power, joined with a loyalty causing submission to it in all matters whatever.

In the first four editions of On the Origin of Species, Darwin used the phrase “natural selection“,[7] and preferred that phrase. However, Spencer’s Principles of Biology drew parallels between his economic theories and Darwin’s biological ones and made first use in print of the phrase “survival of the fittest”. Darwin agreed with Alfred Russel Wallace that this phrase avoided the troublesome anthropomorphism of “selecting”, though it “lost the analogy between nature’s selection and the fanciers’.” It was used by Darwin in the 5th edition of The Origin published on 10 February 1869, in a secondary header of Chapter 4 about natural selection[1] and at several places in the text, mostly using the phrase “Natural Selection, or the Survival of the Fittest”. He gave full credit to Spencer, writing “I have called this principle, by which each slight variation, if useful, is preserved, by the term natural selection, in order to mark its relation to man’s power of selection. But the expression often used by Mr. Herbert Spencer, of the Survival of the Fittest, is more accurate, and is sometimes equally convenient.” At this time the word “fittest” would have primarily meant “most suitable” or “most appropriate” rather than “in the best physical shape”.[citation needed]

http://en.wikipedia.org/wiki/Survival_of_the_fittest

 

Sen. Coburn: Obama’s stimulus is “morally reprehensible” and “the worst act of generational theft in our nation’s history”

By Michelle Malkin  

“…Sen. Coburn gave a terrific, moving, conservatively-grounded, and inspired floor speech late last night on the Obama Generational Theft Act of 2009. He defended market capitalism, assailed wealth distributionist programs and government corruption, and decimated the pork in the Democrats’ behemoth package.

Most importantly, he outlined repeatedly how this debt stimulus would be built on the backs of our children and grandchildren. He said last night on the floor: “This plan steals the future of the next two generations.”

On his website (and in a WSJ op-ed), Sen. Coburn reiterated this theme: “When the American people learn what this bill contains they will reject it. This bill is about spending money we don’t have on things we don’t need. We got into this mess by spending and investing money that didn’t exist. We won’t get out of this mess by doing more of the same. Yet, that is precisely what we are doing,” Dr. Coburn said. “Instead of delivering change, this bill celebrates the politics of the past. The bill represents both the mindless partisanship of recent decades, and the failed interventionist policies of the 1930’s. The Senate can, and must, do much better. As currently written, this bill represents the worst act of generational theft in our nation’s history.” …”

http://michellemalkin.com/2009/02/04/sen-coburn-obamas-stimulus-is-morally-reprehensible-and-the-worst-act-of-generational-theft-in-our-nation%e2%80%99s-history/ 

 

President Wants Cap On Executive Pay

“…CBS/ AP) President Barack Obama wants to impose a $500,000 pay cap on executives whose firms receive government financial rescue funds, a dramatic intervention into corporate governance in the midst of financial crisis.

The new restrictions, described by an administration official familiar with the new rules, are to be announced Wednesday morning at the White House. The steps set the stage for the administration’s unveiling next week of a new framework for spending the money that remains in the $700 billion financial rescue fund.

“If the taxpayers are helping you, then you’ve got certain responsibilities to not be living high on the hog,” President Barack Obama said Tuesday.

The move comes amid a national outcry over extravagant bonuses for executives heading companies seeking taxpayer dollars to remain solvent.

Call it the maximum wage for some high-earners.

The administration official, speaking on the condition of anonymity because the plan had not yet been made public, said the most restrictive limits would apply only to struggling large firms that receive “exceptional assistance” in the future. Healthy banks that receive government infusions of capital would have more leeway.

Firms that want to pay executives above the $500,000 threshold would have to compensate them with stock that could not be sold or liquidated until they pay back the government funds, the official said. …”

 

http://www.wwj.com/President-Wants-Cap-On-Executive-Pay/3786453 

 

President Nixon Imposes Wage and Price Controls

August 15, 1971.  In a move widely applauded by the public and a fair number of (but by no means all) economists, President Nixon imposed wage and price controls.  The 90 day freeze was unprecedented in peacetime, but such drastic measures were thought necessary.  Inflation had been raging, exceeding 6% briefly in 1970 and persisting above 4% in 1971.  By the prevailing historical standards, such inflation rates were thought to be completely intolerable.

The 90 day freeze turned into nearly 1,000 days of measures known as Phases One, Two, Three, and Four.  The initial attempt to dampen inflation by calming inflationary expectations was a monumental failure. 

inflation71

 

In 1971, the U.S. was also in the process of leaving the gold standard, which was intended to allow the value of the U.S. dollar to fall.  Compounding the situation were such events as Fed Chairman Arthur Burns and the Committee on Interest and Dividends (part of the controls apparatus) strenuously opposing banks attempting to raise the U.S. prime rate from 6% to 6.25% in February 1973.  Inflation rates were below 4% at the start of 1973, but reached 9% by the start of 1974, which would have made the real prime rate a negative 3%.  At the same time, interest rates were going up in foreign countries, putting enormous pressure on the dollar.

The wage and price controls were mostly dismantled by April, 1974.  By that time, the U.S. inflation rate had reached double digits. 

http://www.econreview.com/events/wageprice1971b.htm

 

Milton Friedman on Libertarianism (Part 4 of 4)

 

Milton Friedman on Self-Interest and the Profit Motive 1 of 2

 

Milton Friedman on Self-Interest and the Profit Motive 2 of 2

 

The Evolution Of Herbert Spencer 

 

Nixon imposes wage-price freeze

 

Senator Tom Coburn Tells Me Why He Likes Bloggers


 

Related Posts On Pronk Palisades

 

Bailedout Banks Outrageous and Irresponsible Behaviour–E-Verify All Their Employees Now!

Bad Government Intervention Requires Bad Government Bank-The Road Map Out Of The World Economic Crisis–Stabilize–Stimulate–Strengthen–Simultaneously! 

BO’s Raw Deal: Obama’s Two Year Recession and Two Year Hyperinflation–Hopeless & Small Change!

Boycott Bailedout Businesses and Banks

Ban Bailouts–Stop Inflation Now (SIN)–Stop Socialism of Losses!

The United States is Broke!–Chapter 11 Bankruptcy Time For GM and Ford Is Now!

Voters Beware: The Radical Rules of Saul Alinsky and Leftist Democrats

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