{"id":10243,"date":"2014-07-06T22:28:50","date_gmt":"2014-07-07T02:28:50","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=10243"},"modified":"2014-07-06T22:28:50","modified_gmt":"2014-07-07T02:28:50","slug":"238-years-after-the-first-revolution-is-it-time-for-a-second","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/06\/238-years-after-the-first-revolution-is-it-time-for-a-second\/","title":{"rendered":"238 Years After The First Revolution, Is It Time For A Second?"},"content":{"rendered":"<p>From Jerry Bowyer:<\/p>\n<blockquote>\n<p>To determine whether the framers [of the Declaration of Independence] and their principles would cause us once again to break from a central political authority one must first get into the head space of the founders. Their way of thinking, though alien to modern political philosophy and so much the worse for modern political philosophy, is clear and cogent: <\/p>\n<p>There are certain ideas which are self-evidently true. One of those ideas is that we are created without legal primacy or inferiority with regard to one another. Another idea, which is just obviously true to people whose rational faculties are operating properly, is that the rights to life and liberty and the pursuit of a prosperous life which is what the word \u2018happiness\u2019 meant in 1776 are not alienable, that is they cannot have a lien placed on them by any other persons, not even representatives of the state.<\/p>\n<p>Not only is government denied the authority to put a lien on and repossess those rights, but it is further required to protect those rights. And in fact, the protecting of those rights is the only reason that government should exist in the first place! And not only is it necessary for government to protect these rights, but its use of power to do so is still only just if it also involves the consent of the people whose freedom and property are being protected. Further and this is shocking, even to modern ears, when governments move from protecting those rights to injuring those rights, the people are allowed to erase the authority of the government.<\/p>\n<p>&#8230;.No amount of banning or inciting can change the facts. 238 years ago the principles of the Declaration found that the central government had lost the right to rule and called on the people to withdraw allegiance to it. Is that the case now?<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/www.forbes.com\/sites\/jerrybowyer\/2014\/07\/04\/the-july-4th-question-238-years-after-the-first-revolution-is-it-time-for-a-second\/'>The July 4th Question: 238 Years After The First Revolution, Is It Time For A Second?<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From Jerry Bowyer: To determine whether the framers [of the Declaration of Independence] and their principles would cause us once again to break from a central political authority one must first get into the head space of the founders. Their way of thinking, though alien to modern political philosophy and so much the worse for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/06\/238-years-after-the-first-revolution-is-it-time-for-a-second\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;238 Years After The First Revolution, Is It Time For A Second?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,34],"tags":[979,1603,2004],"class_list":["post-10243","post","type-post","status-publish","format-standard","hentry","category-the-big-picture","category-us-canada-countries-regions","tag-declaration-of-independence","tag-government-legitimacy","tag-july-4th"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>238 Years After The First Revolution, Is It Time For A Second? - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"238 Years After The First Revolution, Is It Time For A Second? - the patient investor\" \/>\n<meta property=\"og:description\" content=\"From Jerry Bowyer: To determine whether the framers [of the Declaration of Independence] and their principles would cause us once again to break from a central political authority one must first get into the head space of the founders. 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For me,\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10732,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/26\/scottish-independence-cato-liberty\/","url_meta":{"origin":10243,"position":1},"title":"Scottish Independence | Cato @ Liberty","author":"ColinTwiggs","date":"August 26, 2014","format":false,"excerpt":"From David Boaz: Some scholars argue that the Act of Union in 1707 made the Scots part of a larger and more advanced nation and opened the way to the Scottish Enlightenment of David Hume, Adam Smith, and other scholars. And perhaps those modern ideas and the connection with England\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3932,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/22\/bos-ides-of-march-patrick-chovanec\/","url_meta":{"origin":10243,"position":2},"title":"Bo\u2019s Ides of March \u00ab Patrick Chovanec","author":"Colin Twiggs","date":"March 22, 2012","format":false,"excerpt":"Patrick Chovanec: Top Party leaders, regardless of political philosophy, had come to dislike Bo [Xilai], not as a person per se \u2014 by all accounts, Bo is an extraordinarily charming man \u2014 but as a political persona, at least in his Chongqing incarnation, for three reasons:First, they were offended by\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6294,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/28\/the-numbers-racket-at-steven-landsburg-the-big-questions-tackling-the-problems-of-philosophy-with-ideas-from-mathematics-economics-and-physics\/","url_meta":{"origin":10243,"position":3},"title":"The Numbers Racket at Steven Landsburg &#124; The Big Questions","author":"Colin Twiggs","date":"November 28, 2012","format":false,"excerpt":"Steve Landsberg points out the flaw in the often-quoted statistic that the median US worker has enjoyed hardly any income gain over the past few decades, with median wages growing from $25,000 in 1980 to $25,700 in 2005: Each demographic group has progressed, but at the same time, there\u2019s been\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59141,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/11\/13\/the-threat-to-fed-independence\/","url_meta":{"origin":10243,"position":4},"title":"The threat to Fed independence","author":"Colin Twiggs","date":"November 13, 2024","format":false,"excerpt":"The Wall Street Journal on April 26, 2024: Donald Trump\u2019s allies are quietly drafting proposals that would attempt to erode the Federal Reserve\u2019s independence if the former president wins a second term, in the midst of a deepening divide among his advisers over how aggressively to challenge the central bank\u2019s\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7511,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/20\/fragile-by-design-the-political-causes-of-banking-crisis-the-market-monetarist\/","url_meta":{"origin":10243,"position":5},"title":"\u201cFragile by design\u201d \u2013 the political causes of banking crisis | The Market Monetarist","author":"ColinTwiggs","date":"April 20, 2013","format":false,"excerpt":"Lars Christensen discusses a soon-to-be-released book by Charles Calomiris and Stephen Haber: \u201cFragile by Design: Banking Crises, Scarce Credit,and Political Bargains.\u201d Calomiris and Haber conclude that the root cause of banking crisis has to be found in what political institutions different countries have. 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