Genesis of the "NO" Logo

In history there have been two basic forms of social organization: collectivism and individualism. In the 20th and 21st century, collective variations have included socialism, fascism, Nazism, and communism. Under collectivism, a ruling class of “intellectuals”, bureaucrats, politicians and/or social planners decides what people want or what is “good” for society and then uses the coercive power of the State to regulate, tax and redistribute wealth in an attempt to achieve their desired objectives. Individualism is a political and social philosophy that emphasizes individual liberty, belief in the primary importance of the individual and in the virtues of self-reliance and personal independence and responsibility. It embraces opposition to controls over the individual when exercised by the state. The Preamble to our Constitution makes it plain that all power rests originally with the people, as individuals.
The “O” within the circle represents collectivism in its various forms. The “N” represents an emphatic repudiation of collectivism. The red, white and blue circles encompassing the “NO” are emblematic of our Republic. It is the responsibility of the individuals in an engaged and enlightened republic to limit the influence of the government, especially one that attempts to wield power outside the boundaries delineated by the Constitution.

Friday, December 18, 2009

The Rising Tide of Red Ink

Instead of being worried about an entirely hypothetical rise in sea levels, it’s time to deal with the very real, ever-rising tide of red ink. As economic historian Niall Ferguson warned recently in Newsweek, “Unless entitlements are cut or taxes are raised, there will never be another balanced budget.”

Ferguson has run the numbers, and found that the net present value of the unfunded liabilities of Social Security and Medicare add up to more than $100 trillion. Those are promises being made in the name of the people of the United States, but there’s no way to keep those promises unless we borrow more.

http://townhall.com/Common/PrintPage.aspx?g=fdbc9c85-8ae8-4184-8c02-99cd2eea2333&t=c

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