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Capitalism versus Socialism

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Capitalism

an economic system in which capital goods are owned, operated and traded by private individuals, businesses, or corp. for the purpose of profit
 Socialism

Socialism

an economic system in which capital goods are in state or collective ownership and administration

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VIDEO: AR-15 Obsessed MSM look like fools…again.
As we mourn the loss of innocent men and woman who were senselessly killed at the Navy Yard in Washington, DC., there are some on the left who couldn’t wait hours before exploiting the tragedy for their own political agendas. You could almost see the saliva spilling out of the corners of their mouths as Read More…


The Failure of Austerity
Behind the ugly numbers lies a raging debate about economic theory and policy. On one side, the followers of John Maynard Keynes, such as Paul Krugman, lead economist of the NYT. On the other, the beliefs of Hayek, Mises and the "Austrian School". Keynes is renowned for his role in ending the first Great Depression through New Deal style spending, whereas Hayek prescribes what has come to be known as austerity - cuts, privatization and tax relief for the wealthy. Both of these sides are winning in their own way - Krugman is pretty blatantly winning the argument, while most of the world's governments are still pushing austerity measures.


Militant-Atheists don’t want you to read this: The truth is in the Establishment Clause (No, really)
Amendment 1: Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances. That pesky Establishment Clause. You know those words Read More…



When Microcredit Kills
In the past decade "microcredit" and "microfinance" have taken the world by storm. Particularly since the Nobel Prize was granted to Muhammed Yunus, founder of the Gramean Bank, they have blossomed into a global financial industry. These "micro" lenders now offer small loans to very poor people in all over the planet. At first, this was marketed as a scheme to help lift poor women out of poverty by helping them start microbusinesses and afford necessary items. Quickly, though, the practice took a turn toward loan-sharking, and we're now beginning to see some truly ugly results emerge.


We still remember and honor those who lost their lives on 9/11
Sometimes there are little words that can be written or spoken to even begin to honor people who have passed on. We honor those lost with their names listed here on our site. Remember that each name represents a person who were friends, husbands, wives, children, parents, grandparents, uncles, aunts, cousins, neighbors, coaches, bosses, team-mates, Read More…


The Rich Get Richer…
In case you've been wondering about your paycheque lately, no, it isn't your imagination. According to the latest data from the St. Louis Fed., two important (and related) trends are continuing to set records. As a percentage of the total economy (GDP), corporate profits just hit an all-time high while wages, again, sunk to new lows



Words of Wisdom for the Apocalypse
Once again, the European Union is spiraling toward oblivion. Not only are Greece’s re-elections a week away, but Spain is now in need of another bailout and Italy is beginning to sputter again. As the dangers involve swing once again from “quagmire” to “clusterfuck”, even the Toronto Stock Exchange is feeling the brunt of it. […]


Capitalism versus Socialism in the USA…
Capitalism versus Socialism in the USA is nothing new, really. The argument has waged for years in Congress, at the neighborhood bar, and around family dinner tables. I have always felt that the concept of liberalism and socialism is well intentioned… it’s just not reality. We do have Utopian thoughts when we’re young and inexperienced. [...]







Government Shutdown = The Case made for Limited Government
The image of WWII veterans, the “Greatest Generation”, being barricaded from entering the open-air World War II Memorial, will be burned into the collective conscience of Americans forever. This only happens in authoritarian countries with Marxist dictators, who use their citizens like chess pieces, right? But then again, we have a President, Barack Obama, who Read More…


2012: Which fork in the road will Americans choose?
As 2011 departs, and 2012 moves center-stage, Americans voters  confront a momentous choice that will determine the well-being of their children and their children’s children for many years to come. November 2012 will be a moment of decision comparable in significance to that fateful election of 1860 when  a struggling nation was simply ripped apart. The electoral choice [...]










 
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