Patriot Update - A Free Press for the Conservative Revolution

Economics:

Friedman vs. Donahue: Capitalism vs. Socialism

VIDEO: Capitalist Milton Friedman takes on Liberal Talk Show host Phil Donahue. Friedman advocates minimizing the role of government in a free market as a means of creating political and social freedom. Donahue is speechless...

Source: http://www.youtube.com/watch?v=RWsx1X8PV_A

Economics:

Jobless rate reaches 9.8 percent in September

The unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected. The report is evidence that the worst recession since the 1930s is still inflicting widespread pain.

Source: http://apnews.myway.com/article/20091002/D9B2VIUG1.html

Economics:

How Much Land Does the Federal Government Own?

Do you know how much land in the United States is owned by the Federal Government? It's shocking:

Source: http://www.americanvision.org/the-american-vision-blog/how-m...

Economics:

IMF: world economy recovering faster than expected

The global economy is recovering faster than expected but governments should be careful to not withdraw their stimulus measures prematurely, the International Monetary Fund said Thursday.

Source: http://apnews.myway.com/article/20091001/D9B27I0G0.html

Economics:

What Would the World Be Like Without Automobiles?

Great pains are being taken to rid our air of exhaust pollutants. This is certainly a good thing. But compared to the donkey and horse, the animals Jesus and Paul rode (Matt. 21:7; Acts 9:4), the automobile is a non?polluter. Dixy Lee Ray (1914–1994), former governor of the State of Washington, recalls that as a child, the world in which most Americans lived “was a very smelly place. The prevailing odors were of horse manure, human sweat, and unwashed bodies.

Source: http://www.americanvision.org/article/what-would-the-world-b...

Economics:

The Base Metal of Christian Socialism

“Christian Socialism” developed in the mid- to late-1800s and promoted moderate forms of socialism at first. But even these proponents made the redistribution of property central to their pleas. For example, Edward H. Rogers, a carpenter, Methodist lay preacher, and member of the “Christian Labor Union” of Boston (1870s-80s), preached this way: “The church, he declared, ought to demand that wealth be managed for the common good of the people.

Source: http://www.americanvision.org/article/the-base-metal-of-chri...

Economics:

The Three R's in the Age of Obama: Rappin', Revolution and Radicalism

When the White House announced plans for the president's nationwide address to schoolchildren two weeks ago, worried parents were dismissed as "kooks." We pointed to the subtext of "social justice" activism rampant in American classrooms. It's time for a big fat Told You So.

Source: ...

Economics:

US May Face 'Armageddon' If China, Japan Don't Buy Debt

The US is too dependent on Japan and China buying up the country's debt and could face severe economic problems if that stops, Tiger Management founder and chairman Julian Robertson told CNBC.

Source: http://www.cnbc.com/id/33004753

Economics:

A Postal Service bailout?

Democrats moved Thursday to give special relief to the financially strapped Postal Service, which would be allowed to defer $4 billion in payments due at the end of this month to cover retirement benefits for its employees.

Source: http://www.politico.com/news/stories/0909/27513.html