Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Statism

Trump Meets With Former Banker Who Wants to End the Fed

This article appeared online at TheNewAmerican.com on Tuesday, November 29, 2016: 

John Allison BB&T

John Allison

Donald Trump met with former banker John Allison on Monday in a meeting that was largely ignored by the mainstream media. It remains unclear whether Allison was being interviewed for the job of secretary of the Treasury or was just giving Trump some advice from a free market perspective.

Either way, it’s a breath of fresh air in an era where statism and excessive hubris (the idea that mere politicians and economists can guide, even stimulate a $20-trillion-dollar economy with monetary policy) has reigned for decades.

Right after graduating Phi Beta Kappa from the University of North Carolina in 1971,

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Brazil’s Bovespa Index Jumps 32 Percent in five days: Better days Ahead for Brazil?

This article was published by The McAlvany Intelligence Advisor on Monday, March 7, 2016:  

The assumption is that, once President Dilma Rousseff is out of office and her mentor, former President Luiz Inacio Lula da Silva, known as Lula (shown above), is in jail, everything in Brazil will be just fine, back to normal, regular programming to resume shortly.

That’s not likely. The corruption being exposed by “Operation Car Wash” goes clear to the bone. New suits will replace the old in Brazil, but little else is likely to change.

The big news driving the index higher was

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The Lesser of Two Evils Is Still Evil

Star Parker – Republicans Must Offer Alternative to Democrat Moral Bankruptcy

Republicans need to step up to the plate and start talking about our nation’s real crisis – our moral crisis. The nation’s searching middle class will understand the truth when they hear it.

Star Parker

Star Parker (Photo credit: Gage Skidmore)

I think Parker has pointed to something that isn’t being talked about very much during this election: the moral rot that is causing people like Democrats (and Republicans) to disclaim any allegiance to God or the Bible. I also think she tries too hard to be profound in her efforts to mimic Michelle Malkin (who usually is). Says Parker:

The omission of these key principles [God, and recognition of Jerusalem as the capital of Israel] from the Democratic platform was the party equivalent of what journalist Michael Kinsley calls a political gaffe – when a politician inadvertently says what he really believes… [This] showed today’s Democrats exactly for who they are – the home base for the nihilism, radical moral relativism, and welfare statism that defines today’s far left.

But is the Republican Party any better? Parker iterates some statistics that try to prove that, at bottom, the American people are basically moral, love God, and go to church. Those statistics, in my opinion, aren’t persuasive and in fact, could be used to point out the continuing decline in whatever morality is left over from previous generations. For instance:

According to a 2010 Gallup poll, 43 percent of Americans attend church regularly. However, just 39 percent of Democrats and 27 percent of liberals do.

This shows little difference between the average American and the average Democrat: fewer than half attend church regularly. Without checking, Gallup’s definition of “regularly” is once a month or more. Parker really blows it when she thinks Republicans can somehow save the country from its moral meltdown:

If you think debt, government dependence, broken families, and moral relativism is the path to a strong and prosperous America, sign on with the Democrats. But Republicans need to do a better job embracing and articulating the alternative.

And what alternative would that be, exactly? This is more of the false premise that Republicans can solve our problems: the lesser of two evils is still evil.

Speech: Bernanke Fails at Transparency, Rails at Gold Standard

M6 - Money

When Federal Reserve Chairman Ben Bernanke donned his professorial cap and addressed 30 undergraduate students at George Washington University on Tuesday, he claimed it was all in the interest of transparency. According to the New York Times, “The Fed is concerned that it is neither loved nor understood by many Americans, and that public anger could lead to constraints on its powers.”

A close look at his actual presentation, augmented by slides, confirms his attempt to direct the students’ attention away from the Fed’s obvious dangers, faults, and failures and instead concentrate on its alleged virtues.

For example, his attack on the gold standard was filled with falsehoods and half-truths that failed to convince, only to confuse:

The gold standard as an alternative to a central bank: The gold standard sets the money supply and [the] price level generally with limited central bank intervention.

What the professor fails to state is that there is the gold standard and there is a paper standard that can only be enforced when a central bank is given a monopoly over what citizens may use as money. He fails to make clear that it’s the quantity of gold that “sets the money supply” and from that is derived the value of each piece, which is reflected in its purchasing power in the marketplace. It’s the citizen, freely accepting, using and exchanging gold for goods and services in the marketplace, who sets the price level. Buried in the comment “with limited central bank intervention” is the core of the problem: Bernanke doesn’t want people making those choices and decisions for themselves. Those decisions must be left to experts like

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China’s Paper Inflation Stimulus To End Badly

Problem loans at China’s banks are significantly worse than initially thought, according to Moody’s Investors Service’s news release on July 4th. This raises concerns already expressed about China’s continued ability to grow its economy at annual rates approaching double-digits. The weakness is so pervasive that Moody’s

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The 112th Congress: Real Substance, or Just Smoke?

Minority Leader John Boehner

Image by TalkMediaNews via Flickr

When the House of Representatives announced new rules for the Congress that convenes on Wednesday, the mainstream media immediately called them “strict” and even “unprecedented.” The first new rule to take effect will be the reading of the Constitution of the United States and its 27 amendments on the floor of the chamber.

Incoming Speaker of the House John Boehner told ABC News: “The American people want a smaller, more accountable government—and that starts with respecting the Constitution. That’s why we will read it on the floor next week. It sends the clear message that starting on January 5th, the House of Representatives will be the American people’s outpost in Washington, D.C.

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.
Copyright © 2021 Bob Adelmann