RLM News Show Blog – March 20, 2013

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Capitalism Vs Socialism“A right, such as a right to free speech, imposes no obligation on another, except that of non-interference. The so-called right to health care, food or housing, whether a person can afford it or not, is something entirely different; it does impose an obligation on another. If one person has a right to something he didn’t produce, simultaneously and of necessity it means that some other person does not have right to something he did produce. That’s because, since there’s no Santa Claus or Tooth Fairy, in order for government to give one American a dollar, it must, through intimidation, threats and coercion, confiscate that dollar from some other American.”
Walter E. Williams

“One of the wonderful things about free markets is that the path to greater wealth comes not from looting, plundering and enslaving one’s fellow man, as it has throughout most of human history, but by serving and pleasing him.”
Walter E. Williams

These are the links to the stories covered on the RLM News Show – 2013-03-20

Confidence in Financial System Lost Forever
Confidence in Financial System Lost Forever

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Cyprus vs Bankocracy: ‘Mattress better place to keep cash than banks’

Thousands of Cypriots are celebrating, after the country’s Parliament gave a resounding no vote to the EU-IMF bailout package. The move could have seen the government take up to 10% of people’s savings, from private bank accounts – as a precondition to securing the much needed 10 billion euro loan. Now that it’s been rejected, the ailing Eurozone member will have to work out another plan to avoid bankruptcy. READ MORE: http://on.rt.com/xerjb1


Links to other Important Stories I didn’t have time to cover on the show

How I Became A Trillionaire
How I Became A Trillionaire

Foreigners behind use of WMD in Syria

A political analyst says foreigners who are funding the Western-backed Syrian opposition are responsible for the barbaric crimes committed by militant groups in the country through the use of chemical weapons.

Syrian Information Minister Omran al-Zoubi has described the use of chemical weapons by the militants as the “first act” by the so-called opposition interim government. The Syrian minister also said Turkey and Qatar bore “legal, moral and political responsibility” for the chemical attack in the northern city of Aleppo on Tuesday. Twenty-five people were killed and over 80 others were injured when militants fired rockets containing “poisonous gases” into Aleppo’s Khan al-Assal village.

Press TV has conducted an interview with Mohsen Saleh, a professor at Beirut University, to further discuss the issue of weapons of mass destruction used in Syria.


Farage: EU wants to steal money from Cypriots bank accounts

Taking the bailout model to extremes – the EU has given Cyprus an ultimatum – either force savers to save banks, or go bankrupt. United Kingdom Independence Party MEP Nigel Farage gives his perspective on the deposit levy and Cypriot parliament vote.


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