Posts Tagged ‘Merriam-Webster Online Dictionary’

From Murray Rothbard’s articles page on LewRockwell.com:

Murray N. Rothbard (1926-1995) was the dean of the Austrian School of economics, the founder of libertarianism, and an exemplar of the Old Right.

However, the Merriam-Webster Online Dictionary entry for libertarianism is:

Main Entry: lib·er·tar·i·an

Pronunciation: \ˌli-bər-ˈter-ē-ən, -ˈte-rē-\
Function: noun
Date: 1789
1 : an advocate of the doctrine of free will
2 a : a person who upholds the principles of individual liberty especially of thought and action b capitalized : a member of a political party advocating libertarian principles

1789 was the year the first 10 amendments to the U.S. Constitution, the Bill of Rights, were submitted to the States for ratification.

The Ninth Amendment sums it up well: “The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.

Clearly, libertarianism was a concept defined well before the 20th century.

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In response to my article, “Gold confiscation: It depends on what gold, and how much,” someone posted a link to this video, by Mike Maloney of GoldSilver.com.

In it, Maloney makes one false statement, and one misleading one.

1) “They took it and they put it all in one place owned by the government, so it was nationalized.”
False. It was given to the illegal privately owned Federal Reserve banking cartel.

2) He says that people were compensated for the gold that was taken from them, which is true, and I mentioned that in my article. However, it was taken at the figurative point of a gun at $20.67, only for the price to be unilaterally raised half a year later to $35 an ounce. I argue that’s a violation of the 5th amendment protection of “just compensation” for the taking of private property, on two fronts. 1) A 60% unilateral increase in half a year isn’t just and 2) It wasn’t taken for public use, but for use by the illegal privately owned Federal Reserve banking cartel.

Additionally, he claims that the there was no confiscation of gold, saying that confiscate means to take without compensation.

From Merriam-Webster’s Online dictionary, confiscation is defined with the entry confiscate, as:

1. to seize as forfeited to the public treasury
2. to seize or as if by authority

Definition 1 doesn’t apply in this case, since the gold had to be turned over the illegal privately owned Federal Reserve banking cartel, and not the public treasury.

Definition 2 applies, and mentions nothing about it being seized without compensation. Indeed, the gold was seized, by the figurative barrel of a gun, backed by criminal penalties, as outlined in FDR’s Executive Order 6102.

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Today, I was reminded of how my local gym didn’t accept cash as a form of payment as early as 2007. It reminded me of legal tender laws, and how I had been led to believe that cash was always accepted as a form of payment, but checking into that proved otherwise.

According to the Merriam-Webster Online Dictionary, legal tender is “money that is legally valid for the payment of debts and that must be accepted for that purpose when offered.”

But the payment in question isn’t for a debt, but for a service, and that is how they can legally refuse cash as payment. As a taxi driver once informed me, it’s only if you agree to let the person come back and pay you later, that it becomes a debt. Then, they can pay you cash, without you being able to legally refuse it.

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The Bureau of Labor Statistics, a non-military department of the federal government, refers to Americans who aren’t members of the military, as “civilians.

The Merriam-Webster Online Dictionary defines a “civilian” as:
1: A specialist in Roman or civil law.
2 a: one not on active duty or in the armed services or not on a police or firefighting force.

The last definition is particularly revealing. Does the non-military Bureau of Labor Statistics really regard Americans who are not members of the military, or police or firefighting forces, as outsiders? That would include themselves, by definition.

Why the use of the military term “civilian,” to refer to Americans who aren’t members of the military? Why not a non-military classification such as the categories of Americans who aren’t members of the military, police or firefighters, and those who are?

If the majority of Americans are outsiders to their government, according to the terminology implied by definition of the Bureau’s classification system, then what does that say about the form of American government today?

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The Merriam-Webster Online Dictionary defines capitalism as “an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.”

Faux capitalism, therefore, is anything masquerading as capitalism, but isn’t capitalism.

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Think capitalism came into the lexicon from the work of Adam Smith? Think again. Capitalism is the new kid on the block relative to socialism and communism.

According to the Merriam-Webster Online Dictionary, the word capitalism was first used in 1877 — 87 years after the death of Adam Smith. The word socialism was first used in 1837, and communism in 1840.

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