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Georgia Heritage Council Commentary

Jim Dean
Jim Dean, Heritage TV producer/host

Jim Dean is the producer of Heritage TV and a member of Georgia Heritage Council.

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GHC multimedia coming soon...  Commentary by Jim Dean

Dear Folks,

We are introducing some multimedia as part of our information mix today. We have a lot of archival in house material and are slowing working through the technical learning curve logistics and the graphic arts talent needed to do this properly.

I have been studying the PBS main series websites of six months now because they have big budgets and access to the best talent and I figured we could borrow an idea or two. The Frontline series website is cutting edge as you will see with the video below. Putting something together of this quality will take some time but we can do it with your support.

But in the meantime it became obvious that we don't have to wait as we have direct access to wonderful multimedia material right now. Some of us participated in the Looking for Lincoln PBS documentary, which is online now... the first time that the Sons of Confederate Veterans were included in a major Southern history genre documentary.

View Full Program

But today we bring you a timely resource which is hanging over all of our lives....the Meltdown. At this link is a wonderful, classic Frontline behind the scenes peek into what really happened. Just click on the thumb nail link at the top of the center column for three quick previews. You can watch the whole thing when you have time, which is the beauty of online multimedia. No more tiny viewing windows, and the quality is just fine. I am getting ready to finally upgrade my ten year old cheap $10 speakers :-)

We are starting off with this video link as the information here is critical for all of us to know. I just learned about some inside stuff yesterday despite having watched a ton of news on the Meltdown. So I assumed many of you were also unaware.

"Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives." --James Madison

"If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be." --Thomas Jefferson

"A popular government without popular information, or the means of acquiring it, is but a prologue to a farce or a tragedy, or perhaps both." --James Madison

Here at GHC we are firm believers that the public cannot play an active oversight role over our Congress and other institutions without really knowing what is going on inside, and in a timely manner. The elites take an opposite view. The less we know the easier it is to manipulate public opinion so they can just herd and corral us like farm animals.

Now that our economic survival has moved to the top of the list of concern for many of us we will be focusing on this huge problem more.

We see the same problems of disinformation and censorship where things can happened really quickly, like the stimulus bill, and can boomerang on us all. Those of you who have been reading these columns for years are aware that I have often used the term 'the earth is moving under our feet'. We at GHC have tried to act as the canary in the mine shaft to warn folks of trouble coming your way and we will try to keep doing this during these critical times.

You can help us by renewing your memberships as multimedia work (doing it regularly) is a much bigger production job. You can also help by introducing our site link to your personal email lists so we can continue to build our email updated material notice database to spread the word wider. Let's all try to pull together as we will need all the help we can get.

Jim Dean is the producer of Heritage TV and a member of the Georgia Heritage Council.

Christian Science Monitor

Instead of stimulus, do nothing seriously
By Robert Higgs, Feb. 9, 2009

Oakland, Calif. - As we wait to see how the politicians in Washington will alter the stimulus package the Obama administration is pushing, many questions are being raised about the measure's contents and efficacy. Should it include money for the National Endowment for the Arts, Amtrak, and child care? Is it big enough to get the economy moving again? Does it spend money fast enough? Hardly anyone, however, is asking the most important question: Should the federal government be doing any of this?

In raising this question, one risks immediate dismissal as someone hopelessly out of touch with the modern realities of economics and government. Yet the United States managed to navigate the first century and a half of its past a time of phenomenal growth without any substantial federal intervention to moderate economic booms and busts. Indeed, when the government did intervene actively, under Herbert Hoover and Franklin D. Roosevelt, the result was the Great Depression.

Until the 1930s, the Constitution served as a major constraint on federal economic interventionism. The government's powers were understood to be just as the framers intended: few and explicitly enumerated in our founding document and its amendments. Search the Constitution as long as you like, and you will find no specific authority conveyed for the government to spend money on global-warming research, urban mass transit, food stamps, unemployment insurance, Medicaid, or countless other items in the stimulus package and, even without it, in the regular federal budget.

This Constitutional constraint still operated as late as the 1930s, when federal courts issued some 1,600 injunctions to restrain officials from carrying out acts of Congress, and the Supreme Court overturned the New Deal's centerpieces, the National Industrial Recovery Act and the Agricultural Adjustment Act, and other statutes. This judicial action outraged President Roosevelt, who fumed that "we have been relegated to the horse-and-buggy definition of interstate commerce." Early in 1937, he responded with his court-packing plan.

Although Roosevelt lost this battle, he soon won the war. As the older, more conservative justices retired, the president replaced them with ardent New Dealers such as Hugo Black, Stanley Reed, Felix Frankfurter, and William O. Douglas. The newly constituted court proceeded between 1937 and 1941 to overturn its anti-New Deal rulings, abandoning its traditional, narrow view of interstate commerce and giving the federal government carte blanche to spend, tax, and regulate virtually without limit.

After World War II, the government enacted the Employment Act of 1946, codifying the government's declared responsibility for managing the economy "to promote maximum employment, production, and purchasing power," and it has actively intervened ever since, purportedly to attain these declared ends. Its shots have often misfired, however, and we have endured booms and busts, a decade of stagflation, bouts of rapid inflation, and stock-market crashes. The present recession may become the worst since the passage of the Employment Act.

Federal intervention rests on the presumption that officials know how to manage the economy and will use this knowledge effectively. This presumption always had a shaky foundation, and we have recently witnessed even more compelling evidence that the government simply does not know what it's doing. The big bailout bill enacted last October; the Federal Reserve's massive, frantic lending for many different purposes; and now the huge stimulus package all look like wild flailing doing something mainly for the sake of being seen to be doing something and, of course, enriching politically connected interests in the process.

Our greatest need at present is for the government to go in the opposite direction, to do much less, rather than much more. As recently as the major recession of 1920-21, the government took a hands-off position, and the downturn, though sharp, quickly reversed itself into full recovery. In contrast, Hoover responded to the downturn of 1929 by raising tariffs, propping up wage rates, bailing out farmers, banks, and other businesses, and financing state relief efforts. Roosevelt moved even more vigorously in the same activist direction, and the outcome was a protracted period of depression (and wartime privation) from which complete recovery did not come until 1946.

The US government has shown repeatedly that as an economic manager it is not to be trusted. What we need most are authorities wise enough to follow the dictum, "First, do no harm." The stimulus package will do enormous harm. The huge debt burden it entails, by itself, ought to condemn the measure. America is already drowning in debt. But the measure will also wreak harm in countless other directions by effectively reallocating resources on a grand scale according to political priorities, rather than according to individual preferences and economic rationality. As our history shows, the economy can recover strongly on its own, if only the politicians will stay out of the way.

www.csmonitor.com/2009/0209/p09s01-coop.html

Ticking Time Bomb Explodes; Public is Shocked - Robert Higgs 9/10/08

Why Did This [meltdown] Happen? - Thomas DiLorenzo  

The Bailout of Abominations
by Robert Higgs

Every Crisis Becomes a Carnival of Opportunism
by Robert Higgs

Notes on the Fannie Mae/Freddie Mac Bailout
Robert Higgs

Dirty Dubya Outspends Liberal Punks
X-Files parody

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