Metallic Pea

Frustrating People Since 1971.

Dollar for Dollar

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 ‘For if the readiness is there, it is acceptable according to what a person has, not according to what he does not have.’  ~ II Corinthians 2:12

 

The net effect of the recent surge in household debt is therefore to throw entire populations into financial dependency. The moral implications are clear. Towering debts are incompatible with financial self-reliance and thus they tend to weaken self-reliance also in all other spheres. The debt-ridden individual eventually adopts the habit of turning to others for help, rather than maturing into an economic and moral anchor of his family, and of his wider community. Wishful thinking and submissiveness replace soberness and independent judgement. And what about the many cases in which families can no longer shoulder the debt load? Then the result is either despair or, on the contrary, scorn for all standards of financial sanity.’ ~ Jörg Guido Hülsmann, The Cultural and Spiritual Legacy of Fiat Inflation

 

 

 

  • A book that was stolen from Washington College’s library by a Yankee invader 145 years ago has finally been returned to the university.

 

 

 

  • ‘Bad as they were, however, the Alien and Sedition Acts were only outward symptoms of a more dreaded disease, Hamiltonian Federalism, and its efforts underway since 1791 to Anglicize government in America and transform it from a republic to a monarchy patterned after the corrupt model of England. First there was the Hamiltonian fiscal system, that engine of oppression, with its paper money, debt, and patronage. Next came the threat of a standing army. . .  

 

 

 

President Obama’s toughest press conference to date:

 

 

 

 

The fact that President Obama, a (a-hem) professing Christian, had an image symbolising Jesus’ name obscured during a speech at Georgetown University is not, quite frankly, surprising to anyone who actually judges people by what they do and not merely by what they say. What is disturbing, however, is that Georgetown agreed with his request. I have long lamented that our society—including Christians—has deified the government in general and the presidency in specific. Now, it appears that we are prepared to allow the President to supplant the King of Kings altogether.

If we can’t take a stand against something such as this, what will be the response if and when we are commanded to bow down and worship the President or his image?

 

 

 

 

 

 

One of the best garage band songs of all time:  

 

 

 

At least one country has come to the conclusion—if begrudgingly so—that you cannot print yourself into prosperity:

Zimbabwe’s new coalition Government has decided to withdraw the country’s worthless currency from circulation for at least a year and rely exclusively on other hard currencies.’

Hopefully, the Powers That Be in the U.S. will come to a similar realisation. (We are not hopeful, however.)

 

 

 

This 1980’s Moment is brought to you by Keith Richards:

     

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Written by ninepoundhammer

April 24, 2009 at 8:49 pm

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