Topic: Golden Constatnt
The End of Sound Money and the Triumph of Crony Capitalism Monday, March 14, 2011 by David Stockman Mandeville, LA - The text of this speech is excerpted from The 2011 Henry Hazlitt Memorial Lecture, given on March 12 at the Austrian Scholar's Conference in Auburn, AL -The original text and audio versions are here The triumph of crony capitalism occurred on October 3rd, 2008. The event was the enactment of TARP — the single greatest economic-policy abomination since the 193….Continue
Members Only Access The Founders Pass
"Having served my country from very early life, in all its highest trusts and most difficult emergencies, from the most important of which trusts 1 have lately retired, I cannot otherwise than feel with great sensibility, this proof of the high confidence of this very enlightened and respectable. Assembly.
I regret my appointment from another consideration: a fear, that I shall not be able to discharge the duties of the trust, with advantage to my country. Being placed, however, here, 1 [would] exert my best faculties, physical and mental, such as they are, at every hazard, to discharge its duties to the satisfaction of this Assembly, and of my country."
James Monroe accepting the Chair at VA Constitutional Convention, 1829