Monthly Archives: August 2012

Open letter to Republican Presidential Candidate Mitt Romney on our pro-life views (Part 1)

August 13, 2012 – 11:26 am

Francis Schaeffer February 21, 1982 (Part 1)

Uploaded by on Feb 21, 2008

READ THIS FIRST: In decline of all civilizations we first see a war against the freedom of ideas. Discussion is limited or prohibited. Speakers at universities are shouted down. Corruption takes over city governments and towns as dishonesty and corruption expands. Small stores have to shut down because none are honest enough to run a cash register. The stock of stores is looted by employees and pilfered and shop owners flee. Stock markets are rife with manipulation and the plague of dishonesty. We have learned that sound and lasting civilized ideas are built upon very rare and special foundations. Frances Schaeffer is one guy who has sparked my own thinking and study. He has influenced my writing and prison ministry greatly. Humans must be convinced intellectually, historically and reasonably as well as through the Biblical teachings. Francis Shaeffer has helped all of us wade through this vast propaganda sewer to approach fundamental questions, one of which is: “Why do nations and empires decline?”

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Francis Schaeffer February 21, 1982 (Part 2)

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To Mitt Romney, Box 149756, Boston, MA 02114-9756  From Everette Hatcher of www.thedailyhatch.org 13900 Cottontail Lane, Alexander, AR 72002

Did we forgive George Bush in 1988 for being pro-choice originally in 1980? We sure did. In fact, my former pastor, Adrian Rogers, had a chance to visit with Bush several times. He told him that the Religious Right did not have enough votes to get him elected on their own, but if he ever went against the pro-life view then they could definitely derail his election bid.

Today I am writing you to remind you of the same thing. We in the pro-life movement are firmly behind you but we want to know some of the reasons are passionately pro-life.

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Francis Schaeffer rightly identified abortion as the key issue. If you want to understand the evangelical pro-life movement then you have to read the works of Schaeffer and then you will see how much he affected the pro-life movement.

Have We Given Up on the Issue of Abortion?

By: Hank Hanegraaff

Imagine living in a country in which members of Congress would mandate researchers ‘either destroy embryos or risk imprisonment.’ Imagine a nation that not only permits the killing of the most vulnerable among us but mandates such mayhem for the purposes of research. Imagine no further—the day has arrived. As the former Supreme Court nominee Robert Bork has well said, we have began inexorably “slouching toward Gomorrah.”[1]I’ll never forgot the words of George Will, when he said, “we are experiencing the slow motion barbarization of America.”

The founders of our Republic could only in their darkest nightmares have imagined relativism trumping objective moral standards in a free society. The rise of technology and the fall of ethical consensus have brought us to a society full of moral dilemmas. This stark reality was born out in 1973 when Christians quietly passed in a battle in the war against abortion.

The far reaching impact of that abdication is felt in the raging battle over embryonic stem cell research. In the wake of the current moral and ethical tsunami, it is incumbent upon Christians to not only provide relief but bring the rebuilding process. Nothing less than Western Civilization is at stake.

I’ll never forget what Christian philosopher Francis Schaeffer said many years ago: abortion would be the watershed issue of our era. “Of all the subjects related to the erosion of the sanctity of human life abortion is the keystone.”[2] Of course, his warning tragically fell on deaf ears.

Consider the statements of some of the leading spiritual and secular leaders of our age. Beverly Harrison, a professor of Christian Ethics at Union Theological Seminary, “Infanticide is not a great wrong. I do not want to be construed as condemning women who under certain circumstances quietly put their infants to death.”[3]Esther Langston, Professor of Social Work at the University of Nevada, “What we are saying is that abortion becomes one of the choices and the person has the right to choose whatever it is that is… best for them in the situation in which they find themselves: be it abortion, keep the baby, adopt the baby, sell the baby, leave the baby in a dumpster, put it on your porch, whatever. It’s the person’s right to choose.”[4] Margaret Sanger, the founder of Planned Parenthood, who famously remarked “that the most merciful thing a large family can do for one of its infant members is to kill it.”[5]

Where does this slippery slope lead? Think only to the words of James Watson, the Nobel prize winner and the co-discover of the structure of DNA, “Because of the limitations of present detection methods most birth defects are not discovered until birth; however, if a child was not declared alive until three days after birth the doctor would allow the child to die if the parents so chose and save a lot of misery and suffering.”[6]

This is the epoch in which we find ourselves. In view of this reality, we should go back to the words of Scripture. “For you created my inmost being; you knit me together in my mother’s womb I praise you because I am fearfully and wonderfully made” (Ps. 139:13). A song was written with those words in mind. It was haunting, not only to hear the music but to see the images. It was the first pro-life song by Cindee Martin Morgan, who is the daughter of the late Dr. Walter Martin, the founder and former president of CRI. It was recorded by her daughter Sharon at the tender age of seven. We featured that song on the Bible Answer Man broadcast and we lauded the fact that Cindee Martin Morgan and her husband Rick Morgan were vigilant in the battle against abortion.

The reason we did that is because the reality is today there are very few Christians who will put their lives on the line for this issue. Christians have become apathetic. There was a recent Pew Research Poll that found that among all respondents to the poll concern about the abortion issues has dropped. Only 15% of respondents said that abortion was a critical issue.[7] It’s an issue to which we have been anesthetized to. This does not mean that we shouldn’t be involved in the debate or the discussion. It’s a watershed issue of our era; we should be involved.

So Cindee and Rick have continued the battle, recognizing it’s not about whether we win or lose. It’s about being faithful with the platform that God gives us. They have now come out with a new pro-life song called, “Who will Save the Little Ones?” It’s a call to lawful action on behalf of the unborn. You can hear this at our Website (http://www.equip.org/site/savethelittleones). I also did an hour long interview with Cindee and Rick on October 6, 2009; this can be heard also at our Website (http://www.equip.org/broadcasts/who-will-save-the-little-ones-20090610). To visit their Website go to (http://www.MtMoriahMusic.com) Also to equip you in defending the Pro-Life position we recommend the book Whose Ethics? Whose Morals? available at our Website or by calling 1-888-7000-0274.

By Everette Hatcher III | Posted in Francis Schaeffer, Prolife | Comments (0)

Evangelical review of the question: “Was Ayn Rand right?” (Part 3)

August 13, 2012 – 6:31 am

Ayn Rand’s First Appearance on The Tonight Show with Johnny Carson, 1967

Published on Jul 23, 2012 by

Ayn Rand was born in 1905 in St. Petersburg, Russia, but defected from the U.S.S.R. in 1926 and came to the the U.S., where her writings formed the intellectual basis for the philosophy she called Objectivism. She was the author of The Fountainhead (1943) and Atlas Shrugged (1957).

Rand appears as a guest on The Tonight Show Starring Johnny Carson in this interview from 1967. She introduces her philosophy and talks with Carson about various topics including the draft, the war in Vietnam, children, theology, and the nature of rights.

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Was Ayn Rand Right?

Article ID: JAF1324

By: Jay W. Richards

Synopsis

In response to the critics of capitalism, many conservative Christians turn to philosopher Ayn Rand for ammunition. Rand was a staunch defender of capitalism, but also an anti-Christian atheist who argued that capitalism was based on greed. Greed, for Rand, is good. But if Rand is right, then Christians can’t be capitalists, because greed is a sin. Fortunately, Rand was wrong. She missed the subtleties of capitalism. First, we should distinguish self-interest from selfishness. Adam Smith, the father of capitalism, famously wrote, “It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest.” True enough; but that alone isn’t a problem. Every time you wash your hands or look both ways before you cross the street, you’re pursuing your self-interest—but neither activity is selfish. Second, Smith never argued that the more selfish we are, the better a market works. His point, rather, is that in a free market, each of us can pursue ends within our narrow sphere of competence and concern—our “self-interest”—and yet an order will emerge that vastly exceeds anyone’s deliberations. Finally, Smith argued that capitalism channels greed, which is a good thing. The point is that even if the butcher is selfish, he can’t make you buy his meat. He has to offer you meat at a price you’ll willingly buy. So capitalism doesn’t need greed. What it does need is rule of law, freedom, and human creativity and initiative. And we can point that out without any help from Ayn Rand.

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FALLING INTO CAPITALISM

So, contrary to Rand, capitalism doesn’t need greed. At the same time, it can channel greed, which is all to the good. We should want a social order that channels proper self-interest as well as selfishness into socially desirable outcomes. Any system that requires everyone always to act selflessly is doomed to failure because it’s utopian. That’s the problem with socialism: it doesn’t fit the human condition. It alienates people from their rightful self-interest and channels selfishness into socially destructive behavior such as stealing, hoarding, and getting the government to steal for you.

In contrast, capitalism is fit for real, fallen, limited human beings. “In spite of their natural selfishness and rapacity,” Adam Smith wrote, business people “are led by an invisible hand…and thus without intending it, without knowing it, advance the interest of the society.”17 Notice he says “in spite of.” His point isn’t that the butcher should be selfish, or even that his selfishness is particularly helpful. His point is rather that even if the butcher is selfish, even if the butcher would love nothing more than to sell you a spoiled chunk of grisly beef in exchange for your worldly goods and leave you homeless, the butcher can’t make you buy his meat in a free economy. He has to offer you meat you’ll freely buy. The cruel, greedy butcher, in other words, has to look for ways to set up win-win scenarios. Even to satisfy his greed, he has to meet your desires. The market makes this happen. That’s making the best of a bad situation, and of a bad butcher.

DOES CAPITALISM MAKE PEOPLE GREEDY?

Even if capitalism doesn’t need greed, doesn’t it feed greed? Many religious scholars don’t even distinguish capitalism and greed.18 Capitalism is just greed elevated to economics, or so they think. And if you happen to catch Donald Trump on The Apprentice, you might suspect they’re on to something.

To be sure, Rand and other champions of capitalism appeal to greed, even glory in it. There’s no evidence, however, that citizens of capitalist countries in general, or Americans in particular, are more greedy than average. In fact, the evidence suggests just the opposite.19

Of course Americans should be more generous, more loving, more thankful, more thoughtful, and less sinful. If you look, you can find greed all across the fruited plains and in every human heart. That’s because we’re fallen human beings, not because we’re Americans or capitalists. Every culture and walk of life has heaping helpings of greedy people. There are greedy doctors, greedy social workers, greedy teachers, politicians, park rangers, and youth pastors. That’s why greed can explain why capitalism works no better than it can explain the universal thirst for, say, well-synchronized traffic lights: greed is universal. Capitalism is not.

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notes

17 Adam Smith, The Theory of Moral Sentiments, Part Four, chap. 1.

18 See, for instance, the edited collection by Paul Knitter and Chandra Musaffar, Subverting Greed: Religious Perspectives on the Global Economy (Maryknoll, NY: Orbis, 2002).

19 For statistical evidence, see International Comparisons of Charitable Giving (Kent, UK: Charities Aid Foundation, November, 2006), http://www.cafonline.org/research. See also Arthur C. Brookes, Who Really Cares: The Surprising Truth about Compassionate Conservatism (New York: Basic Books, 2006).

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By Everette Hatcher III | Posted in Current Events | Edit | Comments (0)
By Everette Hatcher III | Posted in Current Events | Comments (0)

Milton Friedman, A Centennial Appreciation by Donald J. Boudreaux

August 13, 2012 – 6:25 am

Bob Chitester Discusses Milton Friedman and ‘Free to Choose’

Published on Jul 30, 2012 by

“There are very few people over the generations who have ideas that are sufficiently original to materially alter the direction of civilization. Milton is one of those very few people.”

That is how former Federal Reserve Chairman Alan Greenspan described the Nobel laureate economist Milton Friedman. But it is not for his technical work in monetary economics that Friedman is best known. Like mathematician Jacob Bronowski and astronomer Carl Sagan, Friedman had a gift for communicating complex ideas to a general audience.

It was this gift that brought him to the attention of filmmaker Bob Chitester. At Chitester’s urging, Friedman agreed to make a 10 part documentary series explaining the power of economic freedom. It was called “Free to Choose,” and became one of the most watched documentaries in history.

The series not only reached audiences in liberal democracies, but was smuggled behind the iron curtain where it played, in secret, to large audiences. Reflecting on its impact, Czech president Vaclav Klaus has said: “For us, who lived in the communist world, Milton Friedman was the greatest champion of freedom, of limited and unobtrusive government and of free markets. Because of him I became a true believer in the unrestricted market economy.”

July 31st, 2012 is the 100th anniversary of Friedman’s birth. To commemorate that occasion, we’d like to share an interview with “Free to Choose” producer Bob Chitester. Like this interview, the entire series can now be viewed on-line at no cost at http://www.freetochoose.tv/, thanks to the incredible technological progress brought about by the economic freedom that Milton Friedman celebrated.

Produced by Andrew Coulson, Caleb O. Brown, Austin Bragg, and Lou Richards, with help from the Free to Choose Network.

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This article below was also carried by the Arkansas Democrat-Gazette on August 12, 2012.

Milton Friedman, A Centennial Appreciation

by Donald J. Boudreaux

Don Boudreaux is an adjunct scholars at the Cato Institute, a professor of economics at George Mason University, and is author of Hypocrites & Half-Wits.

Added to cato.org on July 30, 2012

This article appeared in Newsday on July 30, 2012.

At the height of the Vietnam War, U.S. commander Gen. William Westmoreland testified before the President’s Commission on an All-Volunteer Force. The 15 members of that commission were charged with exploring the feasibility of ending the military draft.

Staunchly opposed to an all-volunteer military, which must pay its soldiers market wages, Gen. Westmoreland proclaimed that he did not want to command “an army of mercenaries.” One of the commission members immediately shot back with a question: “General, would you rather command an army of slaves?” That penetrating query was posed by Milton Friedman, a diminutive (he stood only 5 feet 3 inches tall) giant among 20th-century scholars. Were he still alive — he died in 2006 — Friedman would celebrate his 100th birthday on July 31.

Bald and bespectacled, Friedman looked every part the University of Chicago economics professor that he was. During his long tenure at that celebrated institution, he produced a stream of cutting-edge research on consumer behavior, on the role of money, and on the history of U.S. and British monetary policy. The impressive quantity, quality, and importance of this research without doubt places Friedman among the top two or three economists of the past century.

Don Boudreaux is an adjunct scholars at the Cato Institute, a professor of economics at George Mason University, and is author of Hypocrites & Half-Wits.

 

More by Donald J. Boudreaux

Friedman, indeed, is one of the few scholars whose receipt of the Nobel Prize in Economics — which he received in 1976 — did at least as much to bestow prestige on that award as that award did to bestow prestige on him. (The first Nobel Prize in Economics wasn’t awarded until 1969.) Friedman’s stupendous scholarly achievements alone justify commemoration of the centenary of his birth.

But at least as important as Friedman’s scholarship was his lucid and energetic public advocacy of limited government and free markets. He explained with unmatched clarity how a modern economy’s complexities, nuances, and dynamism almost always thwart even the best-intentioned efforts by government officials to intervene into markets.

In a scene from the opening episode of his successful 10-part 1980 PBS series “Free to Choose,” Friedman held in his hand an ordinary pencil. Looking into the camera, and speaking without a script, he explained that a pencil — so seemingly simple — requires for its production the knowledge and labors of millions of people from around the world.

Some workers cut down the trees; other workers make the chainsaws used to cut down the trees; yet other workers make the steel used to manufacture the chainsaws; and yet other workers specialize in mining the iron ore used to make the steel. Still other workers mine the graphite to make the “lead” for the pencil, while many others work in factories to make the yellow paint that commonly adorns pencils, while still other workers perform the many tasks required to produce the rubber for each pencil’s eraser.

Just to list the number of different, highly specialized jobs that must be performed to produce a commonplace pencil would take volumes. Few of these workers know each other, and none of them knows how to do any more than one or two of the countless jobs that must be done if we are to be well-supplied with pencils.

Friedman explained how free-market prices, along with the lure of profit and the fear of loss, guide entrepreneurs, firms, and workers from across the globe to produce just the right amounts of wood, graphite, paint, erasers, and the many other parts of pencils.

No government commissars are involved. There’s no central plan for the production of pencils. Yet we have high-quality pencils in abundance and for sale at low prices. What’s true for pencils, of course, is true also for more complex items such as automobiles, electric lighting, MRI machines, and on and on — that is, for nearly every good commonly found in modern industrial society.

No one equaled Friedman’s skill at explaining how free markets succeed at coordinating the activities of legions of individuals to produce the goods and services that we today take for granted. Likewise, no one equaled his skill at explaining how government regulators are typically oblivious to the complexity of the coordination achieved by markets. Being oblivious, regulators’ interventions too often obstruct this market coordination.

Note that Friedman would heartily agree with President Obama that no one prospers in today’s economy exclusively through his or her own individual efforts. Where Friedman would disagree — and disagree strongly — is with Obama‘s suggestion that the main source of help that each of us gets from others is government. While government might supply some necessary pieces, such as highways and law courts, the vast bulk of what society supplies for each person’s sustenance and success comes not from government but from the ongoing private efforts of millions of individuals acting in free markets.

Friedman’s brilliant use of the pencil, like his reply to Gen. Westmoreland, reveals the great talent Friedman had for cutting to the heart of the matter in ways easily understood by almost everyone.

Revealing the awesome complexity of the humble pencil makes clear that no government regulators can ever hope to know enough about the entire economy to regulate it as well as it is regulated by free-market forces. Calling the military’s seizure of years of labor from young men “slavery” reveals the fact that draftees — like plantation slaves of old — are forced against their will to work for others and on terms dictated by others.

Friedman’s response to Gen. Westmoreland is evidence also of Friedman’s lifelong commitment to the cause of human freedom. Not only was conscription economically inefficient (as Friedman showed in academic research), it was also an affront to the values of a free society.

In a free society government is kept as small and as constrained as possible, charged with doing only those few tasks that are widely believed to be doable only by government — tasks such as building roads and supplying national defense. All other tasks are left to the creative forces of the free market. And in doing those few tasks, Friedman maintained, the freedom and dignity of every individual must always be respected.

Americans of my generation likely first encountered Friedman through his regular column in Newsweek, which ran from 1966 through 1984. Each of these essays cogently made the case for reducing the reach of government. In making this case, Friedman consistently defied conventional stereotypes. He was, he always insisted, not a conservative but, rather, a liberal — a true liberal, in the original meaning of that term.

Being a classical liberal, Friedman vigorously championed not only economic freedoms but also freedoms emphasized by many folks on the political left, such as freedom of speech and of assembly. It speaks volumes of Friedman’s principles that he, the owlish and dedicated scholar so beloved by many establishment conservatives for his support of free enterprise, was among the most vocal and unwavering opponents of the “war on drugs.” He insisted, with characteristic wit, that “the government has no more right to tell me what goes into my mouth than it has to tell me what comes out of my mouth.” Truly great men and women are rare. What they all share is the courage of their convictions, the wisdom to distinguish cant from reality, and enormous energy and ability in working to make the world a better place. Milton Friedman was one such genuinely great man.

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By Everette Hatcher III | Posted in Milton Friedman | Comments (0)

Past Little Rock Touchdown Club meetings (Part 3)

August 13, 2012 – 6:20 am

This year’s Little Rock Touchdown Club speakers are very exciting and I am really excited about the first one being Mark May. Below that are some of the posts about past speakers. Here is an article from Arkansas Sports 360 on the lineup of speakers:

ESPN’s Mark May Kicks Off Little Rock Touchdown Club Aug. 20

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8/9/2012 at 5:58pm

ESPN's Mark May opens the 2012 Little Rock Touchdown Club speaker schedule on Monday, Aug. 20.

ESPN’s Mark May opens the 2012 Little Rock Touchdown Club speaker schedule on Monday, Aug. 20.

ESPN college football analyst Mark May will open the Little Rock Touchdown Club’s slate of speakers on Monday, Aug. 20, at the Peabody Hotel ballroom downtown.

Club president David Bazzel and Lunsford Bridges, president and CEO of Metropolitan National Bank, the 9-year-old club’s chief sponsor for the past 8 years, revealed the list of Touchdown Club speakers on Thursday afternoon.

While May’s appearance is set for the Peabody, the remainder off the schedule will be held weekly through the season at the Embassy Suites in west Little Rock, starting with former Southern Cal and Los Angeles Rams head coach John Robinson on Aug. 27, followed on Tuesday, Sept. 4, by Howard Schnellenberger, another former college and pro coach who led Miami to the 1983 national championship.

All other meetings other than Sept. 4 will be held on Mondays.

Arkansas head coach John L. Smith will speak on Sept. 24, and Arkansas State head coach Gus Malzahn is schedule for a Nov. 19 date. Veteran UCA coach Clint Conque returns on Nov. 5.

Other names highlighting the lineup are former Razorback quarterback Matt Jones (Sept. 10); recent NFL Hall of Fame inductee Willie Roaf on Oct. 1; former Razorback All-Southwest Conference lineman Mark Henry, father of UA commit Hunter Henry, on Oct. 29; and national recruiting expert Tom Lemming on Nov. 12.

Controversial Alabama media personality Paul Finebaum, whose radio show is carried daily on satellite radio, returns for a Touchdown Club visit on Oct. 8. Finebaum addressed the club in 2006 to a full house and lived up to his acerbic reputation with club members, particularly during the question-and-answer session.

SEC commissioner Mike Slive is set for an Oct. 22 visit.

Arkansas athletic director Jeff Long speaks on Oct. 15.

“The 2012 speaker lineup shows again why the Little Rock Touchdown Club is considered one of the top clubs in America,” Bazzel said. “Even though we don’t have a Division One FBS program in Little Rock, the amazing support of our sponsors and membership allow us to bring in some of the top names in football from across the country. Entertaining football talk on Mondays throughout the season has become a tradition for our club and central Arkansas and the diversity of speakers this year means the tradition will continue in a big way.”

Touchdown club membership is $50 per year for all returning and new members. Exclusive “50-Yard Line” membership, which allows priority banquet seating plus a photo taken with each week’s speaker, is $250. Weekly lunches are $15 for returning members and $25 for guests. The Touchdown Club is also introducing the “Business Membership,” a $1,800 membership for four people who will receive lunches and admission to all 14 meetings as well as priority seating, plus a photo with the weekly speaker. For $2,250, six individuals may receive all the same benefits of the Business Membership.

The LRTDC will continue to recognize a top high school player weekly.

Here’s a glance at some of the speakers:

* Mark May is an ESPN College Football Analyst teaming with Lou Holtz for the popular College Football Scoreboard program.  Inducted into the College Football Hall of Fame in 2005, May was a first team All-American and Outland Trophy Winner at Pittsburgh and a 1st round draft choice of the Washington Redskins, and was part of two Super Bowls.

* John Robinson, inducted into the College Football Hall of Fame in 2009, led USC to four Rose Bowl wins, a national championship and two final season No. 2 rankings and took the Rams to two NFC Championship games. He also coached UNLV and handed the Razorbacks a 31-14 loss in the 2000 Las Vegas Bowl.

* Howard Schnellenberger laid the foundation for the successful Miami Hurricanes in the 1980s, worked for Bear Bryant in the 1960s and for Don Shula and the Miami Dolphins as offensive coordinator on the 1972 undefeated NFL champions.

* Tom Lemming is a national recruiting expert and host of the “Lemming Report” on CBS Sports Network. Lemming travels an estimated 50,000 miles per year evaluating the top high school talent in America and publishes the Tom Lemming Prep Football Report, considered by many to be the “bible” of college football recruiting.

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I really enjoyed hearing Bobby Bowden speak at the Little Rock Touchdown Club on September 12th and I wanted to put one more post up about it. Below is an article by Harry King on the Bowden talk. Punch lines on cue from Bowden Posted on 13 September 2011 By Harry King LITTLE ROCK — […]

Bobby Bowden’s health announcement Sept 13, 2011

Former Florida State coach Bobby Bowden By Coley Harvey, Orlando Sentinel7:13 a.m. EDT, September 13, 2011   TALLAHASSEE – According to USA Today, former Florida State coach Bobby Bowden is expected to tell ABC’s “Good Morning America” Tuesday morning that he had prostate cancerwhile he was coaching in 2007, and that he kept his medical […]

Bobby Bowden at Little Rock Touchdown Club (Part 2)jh25

I went to the Little Rock Touchdown Club and heard Bobby Bowden of Florida State speak. It was outstanding. Here is an article below on his visit from the Arkansas Democrat-Gazette: LITTLE ROCK — Former Florida State Coach Bobby Bowden is familiar with pressure brought on by high expectations. Two years ago, after the Seminoles […]

Bobby Bowden named to Broyles Award Selection Committee jh25

    The Broyles Award Trophy, made out of solid bronze, depicts Broyles (kneeling) and longtime University of Arkansas assistant coach Wilson Matthews (standing), watching over a Razorback football game or practice. Matthews was the coach of Little Rock Central High School before joining Broyles on the Razorback’s staff. ______________ Today at the Little Rock […]

Gene Stallings on Texas A&M joining the SEC jh14b

Gene Stallings used to interview the boys that dated his daughters. He asked his future son-in-laws if they played sports. He wanted to know if they had competed at something. Below is an article on what Stallings thinks about Texas A&M joining SEC. Stallings: SEC best fit for A&M By Troy Schulte Wednesday, September 7, […]

Gene Stallings was great at Little Rock Touchdown Club jh13b

Gene Stallings was one of the best speakers ever at the Little Rock Touchdown Club when he spoke on September 6, 2011. Here is an article on it from Harry King: Stallings worth hearing Posted on 07 September 2011 By Harry King LITTLE ROCK — The preconceived notion that Gene Stallings had to provide the […]

By Everette Hatcher III | Posted in Current Events | Comments (0)

“Music Monday” Switchfoot is a Christian Band with a great message (Part 3)

August 13, 2012 – 1:19 am

Making of Stars-Switchfoot

 

Switchfoot is a Christian Band with a great message (Part 3)

One of my favorite bands is Switchfoot. Tim Foreman is the front man and this band has always been very vocal about their Christian faith. I am really enjoying this series on their band.

__________________________________

For many years, those who follow the Christian music scene have speculated whether or not Switchfoot is a Christian band. They began their career with that “label”, but once they achieved mainstream success they seemed to want to distant themselves from that “box”. Many of their songs contain a “Christian” message although they seem to avoid using the name of Jesus Christ in their songs.

For those of you not familiar with Switchfoot, they are an alternative rock band from San Diego, California. They have become one of the most popular alternative rock bands in the world in fact. The members of the band include Jon Foreman (vocals and guitar), Tim Foreman (bass guitar and backing vocals), Chad Butler (drums and percussion), Jerome Fontamillas (guitar, keyboards and backing vocals), and Drew Shirley (guitar and backing vocals).

But is Switchfoot a Christian band?

Should they even be included on this site?

How do they actually view their faith?

Jon Foreman put it this way in one interview: “We’ve always been very open and honest about where the songs are coming from. For us, these songs are for everyone. Calling us ‘Christian rock’ tends to be a box that closes some people out and excludes them. And that’s not what we’re trying to do. Music has always opened my mind—and that’s what we want”.

So is Switchfoot a Christian band or do they just cozy up to the Christian music industry when it will further their career. That is for you to decide.

By Everette Hatcher III | Posted in Current Events | Comments (0)

Clinton spent 19.8% of GDP while Obama average is 24.4%

August 13, 2012 – 1:02 am

Spending Restraint, Part I: Lessons from Ronald Reagan and Bill Clinton

Uploaded by on Feb 14, 2011

Ronald Reagan and Bill Clinton both reduced the relative burden of government, largely because they were able to restrain the growth of domestic spending. The mini-documentary from the Center for Freedom and Prosperity uses data from the Historical Tables of the Budget to show how Reagan and Clinton succeeded and compares their record to the fiscal profligacy of the Bush-Obama years.

____________

Why do people want us to believe that President Obama wants to get us back to the way it was under President Clinton when in fact Clinton spent 19.8% of GDP while President Obama’s average is 24.4%

Obama Is No Clinton

by Michael D. Tanner

Michael Tanner is a senior fellow at the Cato Institute and author of Leviathan on the Right: How Big-Government Conservatism Brought Down the Republican Revolution.

Added to cato.org on August 8, 2012

This article appeared on National Review (Online) on August 8, 2012.

Lately President Obama has done everything except seduce an intern in his attempt to morph into Bill Clinton. In virtually every speech, he invokes Clinton’s name, trying to link his policies with those of the popular former president. He has even called upon Clinton to place Obama’s name in nomination at the Democratic National Convention.

But, try as he might, Barack Obama, is no Bill Clinton.

President Obama says that he wants to raise taxes back to the level they were under Clinton, but that’s not quite true. Under President Obama’s proposal, the top tax bracket would be raised to 39.6 percent. The president has also called for phasing out high-income taxpayers’ itemized deductions, adding another 1.2 percentage points to the effective tax rate, bringing it to 40.8 percent. Add in the 2.9 percent Medicare tax and the top marginal rate would be 43.7 percent, roughly equal to what it was during the Clinton years. But Obamacare would increase the Medicare tax for high-wage earners to 3.8 percent, pushing the top marginal tax rate under the Obama plan to 44.6 percent, nearly a full point higher than it was under Clinton.

The same is true for capital-gains taxes, interest, and other investment income. President Obama, who once famously said he favored higher capital-gains taxes even if they resulted in decreased revenue, would raise taxes on investment income from the current 15 percent to the 2002 level of 21.2 percent. But that number ignores the 3.8 percent Unearned Income Medicare Contribution (UIMC) tax on interest and capital gains that was imposed by Obamacare. Thus, President Obama would really raise taxes on investment income to 25 percent, much higher than they were under PresidentClinton.

Our current president wants to tax and spend even more than Clinton did.

Or look at it another way: During the eight years of the Clinton presidency, federal tax revenue averaged 19 percent of GDP. If President Obama gets all the tax hikes he wants, taxes would rise to at least 19.8 percent of GDP, and possibly higher.

We should also note that the economic climate was very different during the Clinton administration. Driven in part by the dot-com bubble, the economy was booming. One might argue that it would have been even better had Clinton not raised taxes, but the economy was still able to handle it. In contrast, our current economy is a mess, balancing on the edge of a double-dip recession, with unemployment stuck above 8 percent. That is why, in a moment of candor, even Clinton has argued against raising taxes now.

Perhaps an argument could be made for Clinton-era tax levels, though, if one also had Clinton-era spending levels. Under President Clinton, federal spending averaged 19.8 percent of GDP and actually hit a low of just 18.3 percent. In contrast, spending under President Obama over the past four years has averaged 24.4 percent of GDP. And going forward, the president’s proposed budgets would never spend less than 22 percent of GDP.

As a result, at least some of the revenue from Clinton’s tax hikes actually was used to reduce the national debt. President Obama’s tax increases, on the other hand, would simply fund more federal spending.

It may well be true that President Clinton would never have shown such budget discipline in the absence of a Republican Congress, but the fact is that there was far more spending restraint during the Clinton years than under either of his successors. Indeed, if the post-Clinton budget had simply grown at the rate of inflation plus population, federal spending this year would be roughly $1 trillion less than it is today. Of course, some of the blame for the current level of spending belongs to President Bush, but President Obama has doubled down on Bush’s profligacy, including by converting one-time Bush spending, such as TARP, into permanent spending.

In the end, President Obama would increase taxes more than Bill Clinton did, and cut spending a lot less.

President Clinton was also willing to consider reform of entitlement programs. Indeed, before the Lewinsky scandal forced Clinton to shore up his left flank to protect himself from impeachment, he was even receptive to the idea of allowing younger workers to privately invest a portion of their payroll taxes through personal accounts. Can anyone imagine President Obama, even for a moment, considering a similarly radical overhaul of Social Security or Medicare?

Of course, the signature accomplishment of the Clinton administration was welfare reform. This too may have been pushed on him by a Republican Congress, but President Clinton not only signed it, he embraced it. President Obama has not only increased total welfare spending by $193 billion since taking office, he has actively worked to dismantle the 1996 welfare reform act. His first stimulus bill included funding to help states pay for additional welfare recipients and eliminated many of the incentives that had encouraged states to reduce their welfare rolls. More recently, the Obama administration has announced plans to waive many of welfare reform’s work requirements.

In fact, even rhetorically Obama and Clinton head in different directions. In the wake of the Republican victory in 1994, Clinton declared, “The era of big government is over.” President Obama argues that “the danger of too much government is matched by the perils of too little.”

Given the last twelve years, a little Clinton nostalgia is understandable. But Bill Clinton will not be on the ballot this fall. Barack Obama will be, and that is a big difference.

By Everette Hatcher III | Posted in Bill Clinton, Cato Institute, President Obama | Comments (0)

Open letter to President Obama (Part 123B)

August 13, 2012 – 12:39 am

Ep. 4 – From Cradle to Grave [7/7]. Milton Friedman’s Free to Choose (1980)

President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Dear Mr. President,

I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.

With the national debt increasing faster than ever we must make the hard decisions to balance the budget now. If we wait another decade to balance the budget then we will surely risk our economic collapse.

The first step is to remove all welfare programs and replace them with the negative income tax program that Milton Friedman first suggested.

Milton Friedman points out that though many government welfare programs are well intentioned, they tend to have pernicious side effects. In Dr. Friedman’s view, perhaps the most serious shortcoming of governmental welfare activities is their tendency to strip away individual independence and dignity. This is because bureaucrats in welfare agencies are placed in positions of tremendous power over welfare recipients, exercising great influence over their lives. In addition, welfare programs tend to be self-perpetuating because they destroy work incentives. Dr. Friedman suggests a negative income tax as a way of helping the poor. The government would pay money to people falling below a certain income level. As they obtained jobs and earned money, they would continue to receive some payments from the government until their outside income reached a certain ceiling. This system would make people better off who sought work and earned income.

Here is a  portion of the trancript of the “Free to Choose” program called “From Cradle to Grave” (program #4 in the 10 part series):

DISCUSSION

Participants: Robert McKenzie, Moderator; Milton Friedman; James R. Dumpson, Chief Administrator, Human Resources Admin., NYC; Thomas Sowell, Professor of Economics, UCLA; Robert Lampman, Professor of Economics, Institute of Poverty; Helen Bohen O’Bannon, Secretary of Welfare, State of Pennsylvania

FRIEDMAN: __ but political reality changes and that’s the important thing. I want to say one more thing about this, this whole problem that we’ve been talking about. And that is, going back to Bob Lampman’s comment, there is one thing that can be said in favor on the welfare program. Unaccustomed as I am to saying anything in favor of it; and that is, that it is the only social program I know of which at least, on the average, give money to people who are in lower income classes than those who pay the taxes. Every other welfare program, not only does a lot of money go to the people who are well off, but on the average the poor are taxed and the well-to-do are subsidized. We in the upper income classes have been very clever at conning the poor suckers at the bottom to pay us nice salaries as bureaucrats and to provide us with nice benefits at their expense, and at least the welfare program doesn’t do that.

MCKENZIE: And you stated with great confidence that it will come, the negative income tax, even though you recognize the hurdles. Why are you so sure it will come?

FRIEDMAN: Because the present system has within it the seeds of its own destruction. There is no way in which a system constructed like the present, in my opinion, can avoid creating more and more social problems, and something is going to have to be done. Nobody has proposed any alternative, so far as I know, there is no effective alternative to the negative income tax and so it gets knocked down and it keeps rising, it gets knocked down and it keeps rising.

MCKENZIE: He finally raised the question though whether in any modern industrial democracy like this one it’s conceivable system to be run without fairly elaborate welfare underpinning of some kind. What do you feel?

O’BANNON: I don’t think it can be because I think essentially the welfare __ set of welfare programs reflect the values of this society that if it didn’t there would have been revolt long before now. Yes, there are rumblings about its cost, and I think that’s primarily a function of rapid rates of inflation eroding real income earning power of the middle-class taxpayer, but I think on one level we wanted to give up the responsibility of caring, the responsibility of day-to-day actual caring and in a technical, modern, industrial society like we have the tax system and the government system is probably __ is a viable alternative. I don’t think we’re going to get out of it. I don’t think you’re going to see private charities who can take my money that I’m free to give, or not give, and essentially make a difference in people’s lives of any substance on any level.

SOWELL: I don’t think it has anything to do with the society being modern, technological or industrial, it has to do with an ideology and particularly an ideology that is very strong among academic intellectuals or in the media, and I think that as time goes on and more and more intelligent ideas replace the kinds of vague visions that dominate today, that the political climate will change and that’s the only thing that stands in the way of reform right now.

MCKENZIE: Jim Dumpson.

DUMPSON: I don’t think you’re going to get rid of the system but I’m interested __ welfare system, I’m interested in Tom’s last statement about academicians and theories and so forth, we forgot that we’re talking about people and we may sit in the ivory tower and talk about whether this system will work and either logically or illogically why it won’t work, at the same time there are masses of people outside who are locked out of the system that you and I are part of and somehow we’ve got to make sure those people are taken care of and the short of not doing it, of course, means that your safety and my safety and the vitality of this government and of our country is at stake. The Mayor of the city of New York asked me, when we had a strike, what would I do if I couldn’t get checks out to people when our workers were on strike and I said to him, “After the first month _ chaos.” And he said, “What do you mean?” I said, “No man or woman in this city of New York, you included Mr. Mayor, will be safe if we cannot take care of people…”

MCKENZIE: We leave this discussion and hope you’ll join us for the next episode of Free To Choose

____________

Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your commitment as a father and a husband.

Sincerely,

Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, lowcostsqueegees@yahoo.com

By Everette Hatcher III | Posted in Milton Friedman, President Obama, spending out of control | Comments (0)

President Obama:“do not consider ourselves a Christian nation” (Part 2 of David Barton’s response)

August 13, 2012 – 12:11 am

America’s Founding Fathers Deist or Christian? – David Barton 2/6

Is President Obama Correct: Is America No Longer a Christian Nation?

Over the past several years, President Barack Obama has repeatedly claimed that America is not a Christian nation. He asserted that while a U. S. Senator, 1 repeated it as a presidential candidate, 2 and on a recent presidential trip to Turkey announced to the world that Americans “do not consider ourselves a Christian nation.” 3 (He made that announcement in Turkey because he said it was “a location he said he chose to send a clear message.” 4 ) Then preceding a subsequent trip to Egypt, he declared that America was “one of the largest Muslim countries in the world” 5 (even though the federal government’s own statistics show that less than one-percent of Americans are Muslims. 6

The President’s statements were publicized across the world but received little attention in the American media. Had they been carried here, the President might have been surprised to learn that nearly two-thirds of Americans currently consider America to be a Christian nation 7 and therefore certainly might have taken exception with his remarks. But regardless of what today’s Americans might think, it is unquestionable that four previous centuries of American leaders would definitely take umbrage with the President’s statements.

Modern claims that America is not a Christian nation are rarely noticed or refuted today because of the nation’s widespread lack of knowledge about America’s history and foundation. To help provide the missing historical knowledge necessary to combat today’s post-modern revisionism, presented below will be some statements by previous presidents, legislatures, and courts (as well as by current national Jewish spokesmen) about America being a Christian nation. These declarations from all three branches of government are representative of scores of others and therefore comprise only the proverbial “tip of the iceberg.”

American Presidents Affirm that America is a Christian Nation

With his recent statement, President Barack Obama is the first American president to deny that America is a Christian nation – a repudiation of what made America great and a refutation of the declarations of his presidential predecessors. Notice a few representative statements on this subject by some of the forty-three previous presidents:

The general principles on which the fathers achieved independence were. . . . the general principles of Christianity. 13JOHN ADAMS

[T]he teachings of the Bible are so interwoven and entwined with our whole civic and social life that it would be literally….impossible for us to figure to ourselves what that life would be if these teaching were removed. 14 TEDDY ROOSEVELT

America was born a Christian nation – America was born to exemplify that devotion to the elements of righteousness which are derived from the revelations of Holy Scripture. 15WOODROW WILSON

American life is builded, and can alone survive, upon . . . [the] fundamental philosophy announced by the Savior nineteen centuries ago. 16 HERBERT HOOVER

This is a Christian Nation. 17 HARRY TRUMAN

Let us remember that as a Christian nation . . . we have a charge and a destiny. 18 RICHARD NIXON

There are many additional examples, including even that of Thomas Jefferson.

Significantly, Jefferson was instrumental in establishing weekly Sunday worship services at the U. S. Capitol (a practice that continued through the 19th century) and was himself a regular and faithful attendant at those church services, 19 not even allowing inclement weather to dissuade his weekly horseback travel to the Capitol church. 20

(The fact that the U. S. Capitol building was available for church on Sundays was due to the Art. I, Sec. 7 constitutional requirement that forbade federal lawmaking on Sundays; and this recognition of a Christian Sabbath in the U. S. Constitution was cited by federal courts as proof of the Christian nature of America. 21 While not every Christian observes a Sunday Sabbath, no other religion in the world honors Sunday except Christianity. As one court noted, the various Sabbaths were “the Friday of the Mohammedan, the Saturday of the Israelite, or the Sunday of the Christian.” 22 )

Why was Jefferson a faithful attendant at the Sunday church at the Capitol? He once explained to a friend while they were walking to church together:

No nation has ever existed or been governed without religion. Nor can be. The Christian religion is the best religion that has been given to man and I, as Chief Magistrate of this nation, am bound to give it the sanction of my example. 23

President Jefferson even closed presidential documents with “In the year of our Lord Christ” (see below).

Even President Jefferson recognized and treated America as a Christian nation. Clearly, President Obama’s declaration is refuted both by history and by his own presidential predecessors.

13. John Adams, The Works of John Adams, Second President of the United States, Charles Francis Adams, editor (Boston: Little, Brown and Company, 1856), Vol. X, pp. 45-46, to Thomas Jefferson on June 28, 1813. (Return)

14. Ferdinand Cowle Iglehart, D.D., Theodore Roosevelt, The Man As I Knew Him (New York: The Christian Herald, 1919), p. 307. (Return)

15. Paul M. Pearson and Philip M. Hicks, Extemporaneous Speaking (New York: Hinds, Noble & Eldredge, 1912), 177, printing Woodrow Wilson, “The Bible and Progress;” The Homiletic Review: An International Monthly Magazine of Current Religious Thought, Sermonic Literature and Discussion of Practical Issues (New York: Funk and Wagnalls Company, 1911), Vol. LXII, p. 238, printing Woodrow Wilson, “The Bible and Progress,” May 7, 1911. (Return)

16. Herbert Hoover, “Radio Address to the Nation on Unemployment Relief,”American Presidency Project, October 18, 1931 (at:http://www.presidency.ucsb.edu/ws/?pid=22855).(Return)

17. Harry S. Truman, “Exchange of Messages With Pope Pius XII,” American Presidency Project, August 28, 1947 (at:http://www.presidency.ucsb.edu/ws/?pid=12746).(Return)

18. Richard Nixon, “Remarks at the National Prayer Breakfast,” American Presidency Project, February 1st, 1972 (at:http://www.presidency.ucsb.edu/ws/?pid=3597).(Return)

19. See, for example, Bishop Claggett’s (Episcopal Bishop of Maryland) letter of February 18, 1801, available in the Maryland Diocesan Archives; The First Forty Years of Washington Society, Galliard Hunt, editor (New York: Charles Scribner’s Sons, 1906), p. 13; William Parker Cutler and Julia Perkins Cutler, Life, Journal, and Correspondence of Rev. Manasseh Cutler (Cincinnati: Colin Robert Clarke & Co., 1888), Vol. II, p. 119, to Joseph Torrey, January 3, 1803, and p. 113, his entry of December 12, 1802; James Hutson, Religion and the Founding of the American Republic (Washington, D. C.: Library of Congress, 1998), p. 84. (Return)

20. William Parker Cutler and Julia Perkins Cutler, Life, Journal, and Correspondence of Rev. Manasseh Cutler (Cincinnati: Colin Robert Clarke & Co., 1888), Vol. II, p. 119, in a letter to Dr. Joseph Torrey on January 3, 1803; see also his entry of December 26, 1802 (Vol. II, p. 114). (Return)

21. See, for example, Church of the Holy Trinity v. U. S., 143 U.S. 457, 465, 470-471 (1892); City Council of Charleston v. S.A. Benjamin, 2 Strob. 508, 518-520 (S.C. 1846); State v. Ambs, 20 Mo. 214, 1854 WL 4543 (Mo. 1854); Neal v. Crew, 12 Ga. 93, 1852 WL 1390 (1852); Doremus v. Bd. of Educ., 71 A.2d 732, 7 N.J. Super. 442 (1950); State v. Chicago, B. & Q. R. Co., 143 S.W. 785, 803 (Mo. 1912); and many others. (Return)

22. Ex parte Newman, 9 Cal. 502, 509 (1858). (Return)

23. Hutson, Religion, p. 96, quoting from a handwritten history in possession of the Library of Congress, “Washington Parish, Washington City,” by Rev. Ethan Allen. (Return)

By Everette Hatcher III | Posted in David Barton, Founding Fathers | Comments (0)

Atheists confronted here on www.thedailyhatch.org

August 12, 2012 – 5:07 am

If you want to check out some of the past posts were atheists have been confronted then check out these links below.

Back in March of 2011 my sons, Hunter and Wilson were  attending church on a Sunday at Grace Community Church where John MacArthur preached. They actually got to visit with him briefly. Here is a clip of him from “Larry King Live.”

In the Arkansas Times Blog today there is a post by “mudturtle” that goes like this:

Genesis is filled with Creation myths, myths that appear in one form or another and virtually every culture. Do you want your kid’s teacher talking about the myth of “Adam and Eve”? Leviticus is down right scary, but it is a good place to point out the inconsistencies in Bible and how contrary they are to our common life.

The Gospels? Like 5 blind men describing an elephant. What were Matthew, Mark, Luke and John thinking?

_______________________

I understand how skeptics love to take pot shots at the Bible, but let us take a look at some of the facts.

Craig L. Blomberg records a number of archaeological finds that coincide with events recorded in the gospel according to John:

Archaeologists have unearthed the five porticoes of the pool of Bethesda by the Sheep Gate (John 5:2), the pool of Siloam (9:1-7), Jacob’s well at Sychar (4:5), the ‘Pavement’ (Gabbatha) where Pilate tried Jesus (19:13), and Solomon’s porch in the temple precincts (10:22-23)… Since then, discovery of an ossuary (bone-box) of a crucified man named Johanan from first-century Palestine confirms that nails were driven in his ankles, as in Christ’s; previously some skeptics thought that the Romans used only ropes to affix the legs of condemned men to their crosses. And less than five years ago, in 1990, the burial grounds of Caiaphas, the Jewish high priest, and his family were uncovered in Jerusalem. These and numerous other details create a favorable impression of the Gospel’s trustworthiness in the areas in which they can be tested.

Sir William Ramsay, famed archaeologist, began a study of Asia Minor with little regard for the book of Acts. He later wrote:

I may fairly claim to have entered on this investigation without prejudice in favor of the conclusion which I shall now seek to justify to the reader. On the contrary, I began with a mind unfavorable to it,… It did not then lie in my line of life to investigate the subject minutely; but more recently I found myself brought into contact with the Book of Acts as an authority for the topography, antiquities and society of Asia Minor. It was gradually borne upon me that in various details the narrative showed marvelous truth.

________________________________________

I wrote the famous atheist Anthony Flew a series of letters during the 1990’s and he was kind to answer several of them. I also sent him several cassette tapes and video tapes of Adrian Rogers messages. I will start a new series on this subject and post his responses. Below is a video clip filmed close to end of Dr Flew’s life.

Adrian Rogers:

pastor_wfl

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By Everette Hatcher III | Posted in Adrian Rogers, Atheists Confronted | Comments (0)

The real truth about the financial condition of Social Security can be seen on the www.thedailyhatch.org

August 12, 2012 – 4:31 am

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We got to do something soon about Social Security. The Case for Social Security Personal Accounts Posted by Daniel J. Mitchell There are two crises facing Social Security. First the program has a gigantic unfunded liability, largely caused by demographics. Second, the program is a very bad deal for younger workers, making them pay record […]

Senator Obama’s ideas on Social Security

Senator Obama’s Social Security Tax Plan Uploaded by afq2007 on Jul 23, 2008 In addition to several other tax increases, Senator Barack Obama wants to increase the Social Security payroll tax burden by imposing the tax on income above $250,000. This would be a sharp departure from current law, which only requires that the tax […]

Social Security is a Ponzi scheme (part 13)

Saving Social Security with Personal Retirement Accounts Uploaded by afq2007 on Jan 10, 2011 There are two crises facing Social Security. First the program has a gigantic unfunded liability, largely thanks to demographics. Second, the program is a very bad deal for younger workers, making them pay record amounts of tax in exchange for comparatively meager benefits. This […]

What does the Heritage Foundation have to say about saving Social Security:Study released May 10, 2011 (Part 7)

“Saving the American Dream: The Heritage Plan to Fix the Debt, Cut Spending, and Restore Prosperity,” Heritage Foundation, May 10, 2011 by  Stuart Butler, Ph.D. , Alison Acosta Fraser and William Beach is one of the finest papers I have ever read. Over the next few days I will post portions of this paper, but […]

Only difference between Ponzi scheme and Social Security is you can say no to Ponzi Scheme jh2d

Is Social Security  a Ponzi Scheme? I just started a series on this subject. In this article below you will see where the name “Ponzi scheme” came from and if it should be applied to the Social Security System. Ponzi! Ponzi! Ponzi! 9/14/2011 | Email John Stossel | Columnist’s Archive Ponzi! Ponzi! Ponzi! There, I […]

Social Security a Ponzi scheme?

Uploaded by LibertyPen on Jan 8, 2009 Professor Williams explains what’s ahead for Social Security Dan Mitchell on Social Security I have said that Social Security is a Ponzi scheme and sometimes you will hear someone in the public say the same thing. Yes, It Is a Ponzi Scheme by Michael D. Tanner Michael Tanner […]

Dan Mitchell on Social Security

 

 

By Everette Hatcher III | Posted in Cato Institute, President Obama, Social Security, spending out of control, Taxes | Tagged | Comments (0)