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, February 18, 2011

Thoughts for the Day


"Social Security is an unfunded pay-as-you-go system, fundamentally flawed and analogous in design to illegal pyramid schemes. Government accounting creates the illusion of a trust fund, but in fact, excess receipts are spent immediately. The government’s own actuaries predict the system will be bankrupt by 2030, but Social Security could face financial crisis as early as 2014. Moreover, Social Security’s relatively poor rate of return makes the program an increasingly worse investment for today’s young worker. ... The system design itself is fundamentally flawed and cannot be repaired. It must instead be replaced by one derived from free markets and operated by free citizenry making individual economic decisions in their own self-interest. ... Reform is long overdue. If we fail to act soon, our children will either inherit a bankrupt system or be forced to pay an impossibly high level of taxes. Only private pensions with individual property rights to accumulate fund balances can create a secure pension system. Chile, which privatized its system in 1981, provides evidence of such a system’s effectiveness."
Karl Borden
Professor of financial economics at University of Nebraska Source: The CATO Project on Social Security, DISMANTLING THE PYRAMID: THE WHY AND HOW OF PRIVATIZING SOCIAL SECURITY, August 14, 1995.

"I place economy among the first and most important virtues and public debt as the greatest dangers to be feared ... We must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty or profusion and servitude ... The same prudence which in private life would forbid our paying money for unexplained projects, forbids it in the disposition of public money. We are endeavoring to reduce the government to the practice of rigid economy to avoid burdening the people ..."
Thomas Jefferson (1743-1826), US Founding Father, drafted the Declaration of Independence, 3rd US President


"There is no difference in principle, ... between the economic philosophy of Nazism, socialism, communism, and fascism and that of the American welfare state and regulated economy."
Jacob G. Hornberger American author, journalist, politician, founder and president of the Future of Freedom Foundation Source: paraphrasing F. A. Hayek, Terrorism—Public and Private, THE TYRANNY OF GUN CONTROL, 74 (Future of Freedom Foundation 1997).
Posted by Enlightened Republic at 7:47 AM