From a historical point of view, the injustice against blacks was perpetrated mostly by governments. Private business does not go in for race-based p… - Lew Rockwell

James Buchanan made a great statement on behalf of the right of revolution. Grant restored the gold standard. Harding denounced US imperialism in Haiti. But overall, my favorite president is William Henry Harrison. He keeled over shortly after his inauguration.

Stock markets are never better performing than during a hyperinflation. Interest rates are rock bottom, but only through artificial means. Gross Private Domestic Investment is still falling off a cliff, having already completely erased ten years of investment from the record of history. Here is a fundamental factor that suggests that terrible things are still to come our way. And I guess I'll have to put this in italics because the point seems to be lost in the shuffle: unemployment is still rising, even soaring straight to double digits! The sociology of this intrigues me to no end. Unemployment is one of the human elements that journalists are supposed to glom onto. Oh, look at poor Bob and Jane and how they lost their jobs and have nowhere to go, etc., etc. Talk about human interest! Where are the weepy stories about the plight of people wandering around with no work? Instead, we get happy clappy stories about how things are not nearly as bad as they might be had the great and powerful Obama of Oz not appeared to save the day. There is also the remarkable spin that things are getting worse, yes, but at a slower pace than before – an observation that might be most commonly heard in Hell.

John Randolph had only been a Senator for a few days when he gave an extraordinary speech denouncing John Quincy Adams. 'It is my duty,' said Randolph, 'to leave nothing undone that I may lawfully do, to pull down this administration.... They who, from indifference, or with their eyes open, persist in hugging the traitor to their bosom, deserve to be insulted... deserve to be slaves, with no other music to soothe them but the clank of the chains which they have put on themselves and given to their offspring.' John Randolph said this in 1826. This was a time, writes de Tocqueville, when the presidency was almost invisible. If we cannot say this and more today, when the presidency is dictator to the world, we are not authentic conservatives and libertarians. Indeed, we are not free men.