SOCIALIST ECONOMIC FALLACIES ENTRANCED NUT-JOB ARIZONA KILLER

The drug-addled mind of mass murderer Jared Loughner was under the spell of monetary conspiracy theories spun out by American leftists wishing to advance the crackpot socialist idea of a money-less, resource-based economic system, and other leftist fallacies as old as Marx and Owen.  Stacy McCain reports.

UPDATE:  More here.

THE POLITICAL AGENDA THAT DARES NOT SPEAK ITS NAME

One of the strategies of “stealth socialism” is to black ball anyone who dares breach the topic. It’s pathetic that many “conservatives” are complicit in the effort.

“I AM A SOCIALIST” — LAWRENCE O’DONNELL

Mainstream Hollywood writer and former top Congressional aid Lawrence O’Donnell declares once again that he isn’t a liberal, he’s an “extreme left” socialist.

Stanley Kurtz, in his new book on Obama and the American Left, documents how most politically active American socialists since the 1970s have consciously adopted a “stealth socialist” strategy in their personal . . . → Read More: “I AM A SOCIALIST” — LAWRENCE O’DONNELL

What’s wrong with socialism?

Five dangers.  Here’s number one:

“There is no check on an omnipotent government. We see that already with the hundreds of tax cheats in Congress and the White House, and the embarrassments of a Tim Geithner or Tom Daschle. Who oversees industry when industry is run by government?

Another agency? Do you sue in federal . . . → Read More: What’s wrong with socialism?

The impossibility of socialist planning — The Pantry Proof

The Pantry Proof against socialist economic planning.

ht ricketyclick

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Random Quote

I am afraid I have become more and more skeptical of the instructive value of the constructions [of mathematical economics] by which at one time I was greatly fascinated. — F. A. Hayek

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