George Soros withers in the face of an Austrian critique

The first Chinese participant does a fantastic job of challenging George Soros, with what sounds to me, like an argument directly out of Tom Woods NYT bestseller, Meltdown. Now I haven’t read Meltdown, but I have caught all of Woods’ articles and speeches available online, and feel I can confidently make that assessment.

At 2:30, the Chinese participant mentions that markets can correct themselves, and Soros argues they cannot.

Notice how Soros stumbles when he talks about how markets are smarter than regulators, then claims that only regulators can stop perpetual market failure.  And the questioner does a wonderful job of pointing out, that only expansion of the monetary base can provide the necessary environment for these large booms, and Soros starts blinking, which sometimes is a sign of discomfort (approx. 4:30)

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Lew Rockwell Podcast

Since July 2008, Lew Rockwell of LewRockwell.com and Mises.org has been producing and providing podcasts (audio segments) through LRC.  I’ve listened to every one of them, some many times, and find them all to be fantastic.

Lew posted the Top 10 Podcast link today.

  1. $2000 Gold and the Break up of the US: Gerald Celente
  2. The Biggest Bubble in the History of the World: Ron Paul
  3. America’s Slow-Motion Fascist Coup: Naomi Wolf
  4. The Greatest Depression in History: Gerald Celente
  5. Thanks for the Inflationary Depression: Peter Schiff
  6. How the Government Wrecked the Economy: Peter Schiff
  7. The Panic of ’08: Lew Rockwell interviews Ron Paul
  8. The Crash of ’08: Lew Rockwell interviews Jim Rogers
  9. Stop the Bailout!: Lew Rockwell on the Michael Reagan Show
  10. There Is Hope: Ron Paul

My favorite of this lot, is the amazing Naomi Wolf interview.  Perhaps I have listened to too much Ron Paul, Peter Schiff and Gerald Celente (who are all excellent btw), but the Noami Wolf interview was a great gateway to the left, and a really special moment where it turned into a conversation between two intelligent people sharing information and ideas.

Sadly, the left-libertarian doorstops (they have to be good for something) haven’t seemed to have done much to help promote it.

Some of my other favorites include (in no particular order)

28. What is Neoconservatism?

65. A Libertarian in the USSR

32. Intellectual “Property”

13. The Old Right

15. Democracy: The God That Failed

68. Are You an Anarchist?

8. The Scam Called the State

I hope more libertarians blog about and share these around.  They appeal to all sorts of different groups, from anarchists to Reagan republicans, antiwar protestors to wall street observers.

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Terrorist Algebra

I don’t have the time right now to do all of the research, but specific data won’t undermine the premise of this post.

If it takes 20 Palestinian “terrorists” to kill an Israeli, does this mean the Palestinians are really bad at terrorism?  I’m the last guy to justify violence by anyone but the math simply does not add up.  7,000+ rockets over 8 years, but only 20 Israeli fatalities.  Contrast that with thousands of Palestinians who have died at the hands of Israeli force during the same period.

Typically, we assume a single rocket (like a single terrorist/suicide bomber) to be capable of harming or killing more than one person.  To the layman, or someone educated by the western media, 7,000 rockets is synonymous with at least 7,000 deaths.  The facts don’t bear this out.  And when one looks at these pathetic rockets, it’s a wonder they haven’t killed more than 20 some people by what can only be called sheer random chance.

Contrast that with American made bombs.  The per bomb death totals, even the aggregate totals are never revealed.  How many bombs will Israel drop on Gaza? How many people will die?

Obviously, I have sympathies for the Palestinians.  I also have sympathies for Israelis.  There are ways these conflicts can be solved without violence.  But as long as the killing is distorted as justice, such resolutions will never become possible.

One positive outcome of this recent mass slaughter in Gaza, is that the world is re-aligning against dramatic and massive use of military force.  Shock and awe is giving way to shock and horror.

As the global depression deepens, it’s important for those of us who would champion liberty to remind everyone that declining prosperity has definitely come at the expense of military adventurism, empire and conquest for the elites.

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Every war starts with a lie

Sunk by the German U-20, the Lusitania was blockade runner carrying munitions

Sunk by the German U-20, the Lusitania was a blockade runner carrying munitions under the guise of transporting civilians.

Certainly every modern democratic war is contrived.

Iraq – WMDs, 9/11
Vietnam – Gulf of Tonkin
WWII – Pearl Harbour, Reichstag fire

And now, WWI. The sinking of the Lusitania exposed for what many always believed it was. Yet another false flag.

Her sinking with the loss of almost 1,200 lives caused such outrage that it propelled the U.S. into the First World War.

But now divers have revealed a dark secret about the cargo carried by the Lusitania on its final journey in May 1915.

Munitions they found in the hold suggest that the Germans had been right all along in claiming the ship was carrying war materials and was a legitimate military target.

Millions dead, trillions in destroyed prosperity and capital. What democracy has done is make the killing more efficient, more destructive and evil.

But then, it should come as no surprise because we know that democracy is the tie that binds socialism and fascism together. The two sides of the coin that is democracy.

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