Monday, May 17, 2010

AP Economics: 18 May 2010

Prayer
Current Events:

Former AP classes have produced class T-shirts, a class game, and, most successfully, a central study site for following students. I invite your efforts and will post positive, constructive examples, of helpful web sites, Test study books, or other information that is helpful for other students.

In the meantime we can finish the documentary:

Meltup, 54:37


New NIA Documentary 'Meltup'

The National Inflation Association is pleased to officially announce that it will soon be releasing a new economic documentary called "Meltup." This will be a sequel to NIA's critically acclaimed "Hyperinflation Nation" and its latest documentary "The Dollar Bubble," which has been viewed over 687,000 times since November 23rd.

The U.S. economy is currently experiencing a "Meltup" and NIA believes this "Meltup" is a prelude to a currency collapse and hyperinflation. Our economy needs to experience a "Meltdown" so that the free market can rebalance it, but by trying to prevent a much needed recession, the Federal Reserve has made a massive devaluation of the U.S. dollar inevitable.

U.S. citizens have not yet felt the pain of the government bailouts, which have deceptively transferred the wealth of the middle class to bankers on Wall Street under the ruse of "too big to fail." Institutions on Wall Street needed to fail in order to have a truly healthy economy. By bailing them out and rapidly expanding the size of government, we have sowed the seeds of a U.S. dollar hyperinflationary death spiral and the end of entitlement programs Americans have become dependent on to live and survive.

The anticipated release of this new documentary is mid to late May. If you would like your friends and family to be the first to see Meltup, please tell them to become a member of NIA for free by subscribing today at http://inflation.us

About us:

The National Inflation Association is an organization that is dedicated to preparing Americans for hyperinflation. The NIA offers free membership at http://www.inflation.us and provides its members with articles about the economy and inflation, news stories, important charts not shown by the mainstream media; YouTube videos featuring Jim Rogers, Marc Faber, Ron Paul, Peter Schiff, and others; and profiles of gold, silver, and agriculture companies that we believe could prosper in an inflationary environment.

CONTACT: Gerard Adams, 1-888-99-NIA US, (1888-996-4287), editor@inflation.us

"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem, 7:32


Systems Explained for (Farmers) Dummies Using Two Cows, 3:57

The fundamental principles of the different types of political and social systems explained via a simple example using two cows. You heard right, COWS. If you know what a cow is and are aware of the fact that the produce more than just steaks for your dinner, such as milk, you are good to go and should have no problem to understand it.

FEUDALISM: You have two cows. Your lord takes some of the milk.

PURE SOCIALISM: You have two cows. The government takes them and puts them in a barn with everyone else's cows. You have to take care of all of the cows. The government gives you as much milk as you need.

BUREAUCRATIC SOCIALISM: You have two cows. The government takes them and put them in a barn with everyone else's cows. They are cared for by ex-chicken farmers. You have to take care of the chickens the government took from the chicken farmers. The government gives you as much milk and eggs as the regulations say you need.

FASCISM: You have two cows. The government takes both, hires you to take care of them and sells you the milk.

PURE COMMUNISM: You have two cows. Your neighbors help you take care of them, and you all share the milk.

RUSSIAN COMMUNISM: You have two cows. You have to take care of them, but the government takes all the milk.

CAMBODIAN COMMUNISM: You have two cows. The government takes both of them and shoots you.

DICTATORSHIP: You have two cows. The government takes both and drafts you.

PURE DEMOCRACY: You have two cows. Your neighbors decide who gets the milk.

REPRESENTATIVE DEMOCRACY: You have two cows. Your neighbors pick someone to tell you who gets the milk.

LIBERTARIAN/ANARCHO-CAPITALISM: You have two cows. You sell one and buy a bull.

BUREAUCRACY: You have two cows. At first the government regulates what you can feed them and when you can milk them. Then it pays you not to milk them. Then it takes both, shoots one, milks the other and pours the milk down the drain. Then it requires you to fill out forms accounting for the missing cows.

PURE ANARCHY: You have two cows. Either you sell the milk at a fair price or your neighbors try to take the cows and kill you.

SURREALISM: You have two giraffes. The government requires you to take harmonica lessons.


Two Cows Explain, 4:18


Ronald Reagan TV Ad: "Its morning in America again," 1:00


Economy: President Reagan's Address to the Nation on the Economy 2/5/81, 20:23


Thomas Sowell talks about his new book Economic Facts and Fallacies, 33:22

Peter Robinson speaks with Thomas Sowell about his new book Economic Facts and Fallacies in which Sowell exposes some of the most popular fallacies about economic issues. Sowell takes on the conventional thinking on a wide swath of Americas economic life, from male-female economic differences to income stagnation, executive pay, and social mobility to economics of higher education. In all cases he demonstrates how economics relates to the social issues that deeply affect our country.