Frog Legs

I thought I would post some quotes that I find interesting.

“Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.”
Benito Mussolini

“If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”
Thomas Jefferson

Of course, private banks do, more or less, control our currency. And the govt has long since been in bed with corporate and financial interests. Perhaps the worst of this is the complicity of the American people, it’s disgraceful frankly.

I’ve been busy with school, so haven’t had time to update the blog as I wanted. I also have not been able to update the wine blog as I wanted, but I will get to it eventually.

However, since starting I have been able to add a couple links, one is to ISC-squared (ISC2) which is an information security organization. They manage the CISSP certification (which I have), among others.

I also added The Housing Bubble Blog, which is a site focused on discussing the housing bubble. The forums on that site are also a great discussion concerning the housing bubble as well as related economics.

Finally, I added a link to the Mises Institute. I highly recommend this to anyone who wants to understand the Austrian model of the business cycle.

All these llinks are useful for their own purpose and highly recommend all of them.

Currently, we are on the downswing of a relatively major business cycle. I mean that in the context of the Austrian model. What that implies is a contraction of a credit-driven economy caused by unwinding of credit.
Read the rest of this entry »

Here are some interesting quotes for the weekend, both from Ludwig von Mises:

“The final outcome of the credit expansion is general impoverishment.” 

and also:

“Credit expansion is the governments foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure away the scarcity of capital goods, to lower the rate of interest or to abolish it altogether, to finance lavish government spending, to expropriate the capitalists, to contrive everlasting booms, and to make everybody prosperous.”

Hi everyone, this is my new blog. Please bear with me while it undergoes refinement. I plan to add information about a variety of things. I also am considering starting a bulletin board for anyone interested, perhaps a board for graduates of Greenbrier High School.

I will open comments as well for anyone interested in commenting.