Thomas Sowell (born June 30, 1930) is an American economist, social theorist, political philosopher, and author. A National Humanities Medal winner, he advocates laissez-faire economics and writes from a libertarian perspective. He is currently a Rose and Milton Friedman Senior Fellow on Public Policy at the Hoover Institution at Stanford University. Sowell was born in North Carolina, but grew up in Harlem, New York. He dropped out of high school, and served in the United States Marine Corps during the Korean War. He had received a bachelor's degree from Harvard University in 1958 and a master's degree from Columbia University in 1959. In 1968, he earned his doctorate degree in economics from the University of Chicago. Dr. Sowell has served on the faculties of several universities, including Cornell and University of California, Los Angeles, and worked for "think tanks" such as the Urban Institute. Since 1980 he has worked at the Hoover Institution. He is the author of more than 30 books.
By Dr. Sowell
The current Occupy Wall Street movement is the best illustration to date of what President Barack Obama's America looks like. It is an America where the lawless, unaccomplished, ignorant and incompetent rule. It is an America where those who have sacrificed nothing pillage and destroy the lives of those who have sacrificed greatly.
It is an America where history is rewritten to honor dictators, murderers and thieves. It is an America where violence, racism, hatred, class warfare and murder are all promoted as acceptable means of overturning the American civil society.
It is an America where humans have been degraded to the level of animals: defecating in public, having sex in public, devoid of basic hygiene. It is an America where the basic tenets of a civil society, including faith, family, a free press and individual rights, have been rejected. It is an America where our founding documents have been shredded and, with them, every person'sguaranteed liberties.
It is an America where, ultimately, great suffering will come to the American people, but the rulers like Obama, Michelle Obama, Harry Reid, Nancy Pelosi, Barney Frank, Chris Dodd, Joe Biden, Jesse Jackson, Louis Farrakhan, liberal college professors, union bosses and other loyal liberal/Communist Party members will live in opulent splendor.
It is the America that Obama and the Democratic Party have created with the willing assistance of the American media, Hollywood, unions, universities, the Communist Party of America, the Black Panthers and numerous anti-American foreign entities.
Barack Obama has brought more destruction upon this country in four years than any other event in the history of our nation, but it is just the beginning of what he and his comrades are capable of.
The Occupy Wall Street movement is just another step in their plan for the annihilation of America.
"Socialism, in general, has a record of failure so blatant that only an intellectual could ignore or evade it."
Thomas Sowell
It's a slow day in a little East Texas town. The sun isbeating down,and the streets are deserted. Times are tough, everybody is in debt, andeverybody lives on credit.
On this particular day a rich tourist from back east is drivingthrough town. He stops at the motel and lays a $100 bill on the desk sayinghe wants to inspect the rooms upstairs in order to pick one to spend thenight.
As soon as the man walks upstairs, the owner grabs the bill and runsnext door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debtto the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill at thesupplier of feed and fuel.
The guy at the Farmer's Co-op takes the $100 and runs to pay his debtto the local prostitute, who has also been facing hard times andhas had tooffer her "services" on credit.
The hooker rushes to the hotel and pays off her room bill with thehotel owner.
The hotel proprietor then places the $100 back on the counter so therich traveler will not suspect anything.
At that moment the traveler comes down the stairs, picks up the $100bill, states that the rooms are not satisfactory, pockets the money, andleaves town.
No one produced anything. No one earned anything.
However, the whole town is now out of debt and now looks to the futurewith a lot more optimism.
And that, ladies and gentlemen, is how the United States Government isconducting business today.
Why S&P downgraded US...
? U.S. Tax revenue: $2,170,000,000,000
? Federal budget: $3,820,000,000,000
? New debt: $1,650,000,000,000
? National debt: $14,271,000,000,000
? Recent budget cut: $38,500,000,000
Now let's remove 8 zeros and pretend it's a household budget:
? Annual family income: $21,700
? Money the family spent: $38,200
? New debt on the credit card: $16,500
? Outstanding balance on the credit card: $142,710
? Total budget cuts: $385
This is a way for the normal citizen to relate to these U S budget numbers we hear all the time. Why do we elect such ignorant and arrogant people to run our country ?
Thomas Jefferson
This is amazing. There are two parts. Be sure to read the 2nd part (in RED).
Thomas Jefferson was a very remarkable man who started learning very early in life and never stopped.
At 5, began studying under his cousin's tutor.
At 9, studied Latin, Greek and French.
At 14, studied classical literature and additional languages.
At 16, entered the College of William and Mary.
At 19, studied Law for 5 years starting under George Wythe.
At 23, started his own law practice.
At 25, was elected to the Virginia House of Burgesses.
At 31, wrote the widely circulated "Summary View of the Rights of British America " and retired from his law practice.
At 32, was a Delegate to the Second Continental Congress.
At 33, wrote the Declaration of Independence .
At 33, took three years to revise Virginia 's legal code and wrote a Public Education bill and a statute for Religious Freedom.
At 36, was elected the second Governor of Virginia succeeding Patrick Henry.
At 40, served in Congress for two years.
At 41, was the American minister to France and negotiated commercial treaties with European nations along with Ben Franklin and John Adams.
At 46, served as the first Secretary of State under George Washington.
At 53, served as Vice President and was elected president of the American Philosophical Society.
At 55, drafted the Kentucky Resolutions and became the active head of Republican Party.
At 57, was elected the third president of the United States ..
At 60, obtained the Louisiana Purchase doubling the nation's size.
At 61, was elected to a second term as President.
At 65, retired to Monticello .
At 80, helped President Monroe shape the Monroe Doctrine.
At 81, almost single-handedly created the University of Virginia and served as its first president.
At 83, died on the 50th anniversary of the Signing of the Declaration of Independence along with John Adams
Thomas Jefferson knew because he himself studied the previous failed attempts at government. He understood actual history, the nature of God, his laws and the nature of man. That happens to be way more than what most understand today. Jefferson really knew his stuff. A voice from the past to lead us in the future:
John F. Kennedy held a dinner in the white House for a group of the brightest minds in the nation at that time. He made this statement: "This is perhaps the assembly of the most intelligence ever to gather at one time in the White House with the exception of when Thomas Jefferson dined alone."
"When we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe ." -- Thomas Jefferson
"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
-- Thomas Jefferson
"It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world."
-- Thomas Jefferson
"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." -- Thomas Jefferson
"My reading of history convinces me that most bad government results from too much government." -- Thomas Jefferson
"No free man shall ever be debarred the use of arms." -- Thomas Jefferson
"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government."
-- Thomas Jefferson
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson
"To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical."
-- Thomas Jefferson
Thomas Jefferson said in 1802:
"I believe that banking institutions are more dangerous to our liberties than standing armies.
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property - until their children wake-up homeless on the continent their fathers conquered."
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The folks who are getting the free stuff, don't like the folks who are paying for the free stuff, because the folks who are paying for the free stuff can no longer afford to pay for both the free stuff and their own stuff.
The folks who are paying for the free stuff want the free stuff to stop, and the folks who are getting the free stuffwant even more free stuff on top of the free stuff they are already getting!
Now... The people who are forcing the people who pay for the free stuff have told the people who are RECEIVING the free stuff, that the people who are PAYING for the free stuff, are being mean, prejudiced, and racist.
So... The people who are GETTING the free stuff have been convinced they need to hate the people who are paying for the free stuff by the people who are forcing some people to pay for their free stuff, and giving them the free stuff in the first place.
We have let the free stuff giving go on for so long that there are now more people getting free stuff than paying for the free stuff.
Now understand this. All great democracies have committed financial suicide somewhere between 200 and 250 years after being founded. The reason?The voters figured out they could vote themselves money from the treasury by electing people who promised to give them money from the treasury in exchange for electing them.
The United States officially became a Republic in 1776, 235 years ago. The number of people now getting free stuff outnumbers the people paying for the free stuff. We have one chance to change that. In 2012. Failure to change that spells the end of the United States as we know it.
ELECTION 2012 IS COMING A Nation of Sheep Breeds a Government of Wolves! I'M 100% for PASSING THIS ON!!!
Let's take a stand!!! Obama:Gone! Borders: Closed! Language: English only Culture: Constitution, and the Bill of Rights! Drug Free: Mandatory Drug Screening before Welfare! NO freebies to:Non-Citizens!
The Texas Department of Labor claimed a small West Texas farmer was not paying proper wages to his help and sent an agent out to investigate him.
Department of Labor employee: " I need a list of your employees and how much you pay them."
Farmer: "Well, there's my farm hand who's been with me for 3 years. I pay him $200 a week plus free room and board."
Then there's the mentally challenged worker. He works about 18 hours every day and does about 90% of all the work around here. He makes about $10 per week, pays his own room and board, and I buy him a bottle of bourbon every Saturday night so he can cope with life. He also sleeps with my wife occasionally."
Department of Labor employee: "That's the guy I want to talk to... the mentally challenged one."