I.O.U.S.A. Misses Point
Spend your time reading Wiggin and Bonner's book, buying gold, and avoiding taxes.
Spend your time reading Wiggin and Bonner's book, buying gold, and avoiding taxes.
Even if GM itself was unable to survive bankruptcy, the resources freed from its grasp could be hugely beneficial to other automotive companies that make products that American consumers value more.
Recorded at the Mises Institute Supporters Summit, 31 October 2008; Auburn, Alabama.
Recorded at the Mises Institute Supporters Summit, 1 November 2008; Auburn, Alabama. Includes a brief introduction by Mark Thornton.
Money passing back and forth from the amorphous fiscal blob in DC and listed corporations is as difficult to follow as a shell game.The public is expected to sit blinking like a corporate mistress in a James Thurber cartoon.
Really smart guys (and now gals too) built impressive models that were quite rigorous in some respects, yet woefully deficient in others. In the case of economics, this hubris led to horrible government policies. We can only hope the same doesn't happen because of the climate models.
Middle America has traditionally been the largest and most effective force of resistance to the imperial garrison state.
My methods can be replicated. I hope to encourage others to take up the challenge — including the next generation of persons willing to aid the cause of liberty by going behind enemy lines.
But in fact, they have become responsible for great evil, the leading one of which is to contribute to the great lie that government is doing good for us.
Governments have made the war; only the peoples can make an unarmed peace.