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.

Wednesday, June 29, 2011

The Debt: Catastrophic Urgency, Little Concern

This article was written in 1984 when our national debt was "only" $1.57 TRILLION. It now stands at $14.3 TRILLION. "The dangers associated with this debt are very real, and the final principal evil resulting from this debt will be a debasement of the national currency, or in other words, monetization of the debt. Monetization of the U.S. Federal deficit is the most politically acceptable way to “pay” the deficit; however, the consequences of this inflation will be devastating. Economically speaking, a reduction in Federal spending is the only way to reduce our deficits and eliminate the temptation to inflate the money supply if the U.S. is to prosper in the future......“The country,” declares G. C. Wie-gand, “is faced with grave problems—thirty years of inflationary boom may be followed by thirty years of relative decline, which may seriously affect the character of American society, free enterprise, and personal freedom,—but the country has the potential economic, social, and moral resources to overcome the threatening crisis. It all depends upon whether the leaders have the necessary wisdom and courage to lead, and the people have the stamina and will to make necessary sacrifices. The future of America is ultimately not an economic but a moral issue.”[12]
Posted by Enlightened Republic at 11:30 AM