• Handed out about 100 half page fliers with one side information about Rothbard’s The Case Against the Fed and the other Hazlitt’s Economics in One Lesson. Photos of the book cover, description and links to online versions and audio books. People snatched them up real quick. One woman was a freegan. She told me she doesn’t buy books to save trees, has a computer or at least access to one, no digital audio player, but yet still took everyone’s fliers… including mine.
• Almost every person their was anti-capitalist. Everything I heard told me they were in fact anti-corporatist. As you see in the footage they, like many on the left, incorrectly label what currently exists in the Western world as capitalist.
• I spoke with an employee of Revolution Books who was a Marxist. He believed in the end goal of stateless communism but said a state was needed to get there. Seems a bit contradictory to me. He didn’t like when I asked if he was a statist as he reminded me that communism doesn’t have a state. I tried to explain to him that it was incorrect to call what the USA economy is as capitalist and that if he was non-violent he would find allies in the anarcho-capitalist camp. He wasn’t familiar with Rothbard or ALL which I found unfortunate but he was receptive to learning about them. I’ll be sending him some links.
• I ran into Chris Maloney. He’s written some articles on Mises.org and LewRockwell.com.
• Explained to a young 20 something y/o woman who had shown up to find out more about what was going on. I explained to her how the Federal Reserve works, how it causes the boom bust cycle and what’s generally going on now.
• They had an open mic and I was real close to taking advantage of it and explaining what capitalism really is and some better reasons to oppose the bailout and the Federal Reserve instead of just complaining about which people gets the stolen goods. I decided that was likely a bad idea.
• Someone gave me an article entitled “No to the Bailout of the Capitalist Speculators! Down with the Dictatorship of Finance Capital!” by The Internationalist. Last I check it wasn’t available on their site. It’s interesting because it has some things I wouldn’t have expected to read such as noting that since 1971 the US dollar is no longer backed by gold. They call out the Socialist Equality party for not being hardcore enough effectively and the Green and Working Families as being “capitalist” parties. The article speaks of the Austrian (not the school but the country) economist Joseph Schumpeter. “Free-market ideologues like to quote the Austrian economist Joseph Schumpeter on the ‘creative destruction‘ unleashed by capitalism on outmoded economic structures. But today, as the wages and living standards of the working people are being steadily eroded, as social programs are drastically slashed, there is nothing creative a bout the destruction unleashed by the wold-be masters of the universe.” The authors really need to recheck what Schumpeter was speaking about, get an understanding as to why the standard of living is being eroded, and acknowledge the fact that what they complain about is in no way, shape or form a free market. Actually… the author and those protesting need to realize that these banks are more regulated than just about any other time period in history and this situation still developed. Regulation is not the answer, removing government control over the money supply is.
• There were lots of Obama buttons around. It was rather entertaining to see hardcore socialist 1 argue with hardcore socialist 2 over how the Democrats and Obama are the enemies of their cause. I, walking around with my Ron Paul, “Taxation is Theft”, “I do not consent to be searched”, etc. pins, found that many people knew of Paul and had generally good things to say in the few words exchanged.
• I was yelled at at one point for moving due to several people with cameras who were filming the back of my bookbag which has a Ron Paul civil flag patch and a “Ron Paul 2008″, Paul and V mask, and 4th Amendment pins. I usually have a gadsden flag like “Don’t tread on me” patch and more pins but I took some off for the Service Nation Summit and have yet to put them back.
• Not directly related but a coworker is leaving my firm Friday and so we went out to lunch. During which I got to pretty much fully explain the full Austrian School of economics’s position on what’s going on. Needless to say several of my coworkers who I don’t typically talk with were fascinated. They didn’t seem to trust a transition to a commodities based system… giving me “what about the guy who chooses the wrong commodity? do you really want people bothered with deciding on a common currency?” type arguments. They also has hangups on acknowledging or accepting the inherent harm central banks cause and underestimated the influence artificially cheap debt has.

Update: CNN’s coverage of the event, some photos

So why did I choose the wrong rally? From LewRockwell.com/blog:

Writes Jim Sheehan: “I just walked by the New York Stock Exchange. Hundreds of demonstrators have gathered to protest the government’s bailout of Wall Street. Several were holding placards that read ‘Stop the bailout! Read The Road to Serfdom by FA Hayek. Read mises.org.’ They were also handing out copies of Ron Paul’s 2002 speech introducing his bill to eliminate subsidies to Fannie Mae and Freddie Mac. Keep up the good work!”

I’m not sure where this was advertised but the NYC Campaign for Liberty Meetup.com event listed the Bowling Green but I didn’t notice anyone familiar when I showed up at 4PM. Oh well. Hopefully some of those who I handed info to will actually read one of the suggested books. If it’s one thing many of those lefties need is an overview of economic theory.

http://www.ananova.com/…

Two Austrian teenagers have been fined for hacking down and burying a roadside speed camera.

Peter Hochstacher and Thomas Moebel, both 19, were snapped by the camera speeding in the town of Lustenau in Austria.

They used a pair of axes and a saw they had with them in their car to chop it down and then buried it in a nearby field.

But the box was found by a local farmer as he ploughed his land and police who examined it found pictures of the pair on the camera inside and they later confessed to tearing down the device.

A local court said the fine would cover the cost of replacing the machine.

Doesn’t sound like these kids are too bright. They walk up to a camera without disguising themselves and then don’t bother to destroy any apparent storage medium. £75,000 though? Whichever company is producing these things is really making a killing. I’d bet there isn’t more than £2,000-£4,000 of hardware there. Even the software could probably be thrown together with opensource projects in less than a week.