Category Archives: Founding Fathers

Update II: The French Revolution Revived

Conservatism, Debt, Economy, Europe, Federal Reserve Bank, Founding Fathers, Inflation, Liberty, Political Philosophy

“Everything human and divine sacrificed to the idol of public credit,” is how the Brilliant Edmund Burke, supporter of the American colonists, described the illiberal, irreligious, intolerant French Revolution. In return, the punk Thomas Paine spat worthless venom at Burke for his devastating critique of that blood-drenched Revolution. Like contemporary Americans, Paine’s fealty was to the Jacobins, who, for his troubles, almost had him guillotined. The Rights of Man, in particular, is intended as a refutation of Edmund Burke’s critique. Naturally, it does nothing of the sort.

There is no affinity between the French and American founding ideas. And Paine’s proto-socialism—he advocated welfare financed by taxes—is quintessentially unAmerican. Yet Paine is beloved of Americans; of Burke I seldom hear. I intend to change that here on BAB.

Let me begin with an excerpt from Reflections on the Revolution in France, where Burke speaks about the proliferation of fiat money (“fictitious representation”). He does so a great deal in this magnificent tract. Burke hammering on about “current circulating credit,” “defiance of economical principles,” and “bankruptcy” could not be more germane in fin de siècle America:

“At present the state of their treasury sinks every day more and more in cash, and swells more and more in fictitious representation. When so little within or without is now found but paper, the representative not of opulence but of want, the creature not of credit but of power, they imagine that our flourishing state in England is owing to that bank-paper, and not the bank-paper to the flourishing condition of our commerce, to the solidity of our credit, and to the total exclusion of all idea of power from any part of the transaction. They forget that, in England, not one shilling of paper money of any description is received but of choice; that the whole has had its origin in cash actually deposited; and that it is convertible at pleasure, in an instant and without the smallest loss, into cash again. Our paper is of value in commerce, because in law it is of none. It is powerful on ‘Change, because in Westminster Hall it is impotent. In payment of a debt of twenty shillings, a creditor may refuse all the paper of the Bank of England. Nor is there amongst us a single public security, of any quality or nature whatsoever, that is enforced by authority. In fact, it might be easily shown that our paper wealth, instead of lessening the real coin, has a tendency to increase it; instead of being a substitute for money, it only facilitates its entry, its exit, and its circulation; that it is the symbol of prosperity, and not the badge of distress. Never was a scarcity of cash and an exuberance of paper a subject of complaint in this nation.”

[SNIP]

Readers: search the online volume, posted on Bartleby.com, and post comments excerpting your favorite tracts.

Update I (August 26): Prof. Dennis O’keeffe is the author of Burke, due out in October of this year.

Update II: Russell Kirk on Burke:

“Written at white heat, the “Reflections” burns with all the wrath and anguish of a prophet who saw the traditions of Christendom and the fabric of civil society dissolving before his eyes. Yet his words are suffused with a keenness of observation, the mark of a practical statesman. This book is polemic at its most magnificent, and one of the most influential political treatises in the history of the world.” (The Essential Russel Kirk, 2007, p. 144)

Robert Novak, RIP, On Things Forgotten

Education, Founding Fathers, Government, Journalism, The West

Robert Novak on taking a university course on Western Civilization, from his 2007 memoir The Prince of Darkness: “It was a golden moment for a 17-year-old boy from Joliet, leading to four years of exploration in the riches of our heritage: Plato, Aristotle, Chaucer, Castiglione, Machiavelli, Shakespeare, Milton, John Donne, Hawthorne, Melville, T.S. Eliot — dead white men all. How barren would be my life without that background?” A question no one thinks to pose vis-a-vis America’s youth and its miseducation.

Something else from Novak’s pen: “Always love your country — but never trust your government!” For some reason, the Chicago Sun-Times editorialists felt the need to excuse Novak’s professed fealty to the motto of the founders of this country.

VDARE’s Kevin Lamb provides something of a corrective: “Novak was first and foremost a Washington insider’s insider. He ranked third in most appearances on ‘Meet the Press’ and worked as a CNN commentator for 25 years. He was a master at leeching onto divisive figures inside various administrations (Karl Rove is one example) who ultimately would serve his own ends, secure his reputation and advance his own career. He was skilled at the art of dodging career-ending encounters that would put him at odds with the media elite. …”

Novak was a “plain old bigot” on matters Israel.

Updated: The Authentic Ass-troturfers

Conspiracy, Constitution, Democrats, Founding Fathers, Glenn Beck, Healthcare, Journalism, Left-Liberalism And Progressivisim, Media, Politics

“The outcry against state takeover of medicine is in the best of traditions. Yet the malpracticing media are discounting the fractious town-hall participants as proxies for corporate and political interests. And worse.”

“The Authentic Ass-troturfers,” my new WND.COM column, details these execrable efforts by the left-liberal news filters, and their political master. Yes, “Cronkite died the other day; news coverage croaked a long time ago.”

You’ll find particularly patronizing the manner in which MSNBC “Anchors David ‘Shyster’ and Tamron Hall inferred that, rather than ‘un-American,’ the turbulent town hallers were a little simple.”

To quote from the column, What “led our sleuth in a C Cup to ‘inform’ her viewers that the mutinous multitudes were muddled beyond belief”? “Town hall attendees seemed to be harping on the proper role of government, and not on the minutia of the messiah’s medical plan.”

Lo! Making a philosophical point instead of a utilitarian one—now that is dimwitted. …”

Read the complete column, “The Authentic Ass-troturfers,” in which I make sure to further dim the debate, at least as Tamron Hall of MSNBC would see it.

You can catch the weekly fare every Saturday on Taki’s Magazine too, where the reading is really good.

Update (August 14): BECK. I like Glenn. I’ve said so often. But you come to this space for reason, not for platitudes. That’s not going to change. If you like the Beck blackboard and its “delusional diagrams of multiplying giant ACORNS,” you have to consider the merits of Maddow’s Memos, and other conspiracies lurking behind what to this here rational individual are “really unremarkable events and associations.”

You can’t gravitate to Glenn’s conspiracies while rejecting Rachel’s.

And here’s the mundane truth Glenn’s conspiracies obscure (from the post “On Conspiracy Theories”):

The premise for imputing conspiracies to garden variety government evils is this: government generally does what is good for us (NOT), so when it strays, we must look beyond the facts—for something far more sinister, as if government’s natural venality and quest for power were not enough to explain events. For example, why would one need to search for the “real reason” for an unjust, unscrupulous war, unless one believed government would never prosecute an unjust war. History belies that delusion.
Conspiracy is not congruent with a view of government as fundamentally antagonistic to the individual and to civil society, a position I hold.

Politics is dirty; there is no secret or conspiracy to it. Glenn’s nonsense, aside being tedious and taking away from the important issues of the day that he could be covering, encourages a sort of childish faith in the institute of government: “Omigod: look what they’re up to. I’m going to cry if they don’t start being nice to me.”

The Founders bequeathed a limited government because they did not believe, like Glenn appears to, that filthy politics is so unusual and conspiratorial. It’s the norm! Stray away from their vision of the corrupting properties of power, and you wander into the real of Democratic Pollyanna politics.

True, Rachel finds conspiracy in private interactions, even though these do not use coercion or access public funds. So, I guess, she is worse. Still, that’s not much of a consolation for adherents of Glenn’s latest obsession.
Incidentally, why does Glenn not sketch a diagram of the military-media-congressional-industrial complex? It’s plenty meaty. I’ll tell you why: Warfare, any warfare, so long as it involves our sainted men in uniform and their chiefs and generals, is sacred to our Glenn.

Lesson: people see conspiracy where they want to.

'Audit the Fed!'

Conservatism, Federal Reserve Bank, Founding Fathers, Inflation, Journalism, libertarianism, Republicans, Ron Paul

What I appreciate about Jack Hunter, also a Taki’s Magazine writer, is the way he marries solid principles and a pragmatic approach to politics. Unless a commentator achieves this feat in a consistent, principled manner, he is worthless. Yes, worthless! Some of our readers have been seduced by the habit so many libertarian scribblers have of vaporizing libertarian theory into the ether, while sitting on the fence and playing holier-than-thou when it comes to politics. Worthless as it is easy. Aside from the pleasant Southern lilt, Hunter has a natural knack for cleaving to reality while retaining principles. In ‘Audit the Fed!’ he narrates thus:

“While Bush and McCain were ‘abandoning free-market principles to save the free-market system’ by signing off on an $800 billion Wall Street Bailout, the Republican establishment still treated the truly free-market Ron Paul as some sort of crazy, irrelevant money crank.

It’s amazing the difference a year makes.

As of this writing, every single Republican in the House and over 60 Democrats have co-sponsored Paul’s H.R. 1207 Federal Reserve Transparency Act, which calls for an audit of the Federal Reserve. Given the current economic crisis, it turns out that many legislators are eager to see just how the Fed is able to print new money out of thin air. In the 1980’s, Paul introduced similar legislation with virtually no help from his fellow Republicans. In 2009, the entire party has lined up behind Ron Paul.”

Listen here.