April 2011

Megan Duffield's picture
By Megan Duffield at 2:54PM

Fed News Friday: The Wall Street Journal Did Their Homework

After Chairman Bernanke's first-ever, post-policy meeting press conference, those of us dealing with this downward spiral have not gained any new insights. Bernanke stated that the country was improving and they were seeing a "moderate" increase in overall production, while employment still lags. If you come from the liberty side of the aisle, you know we could have predicted the outcome of the Fed's master QE2 plan and its execution, however for the mainstream media and the Fed themselves, we had to figure it would take a minute for them to catch up to reality. In an article following the inaugural press conference of a FOMC meeting, the Wall Street Journal decided to take a closer look at QE2 and its overall achievement. Bernanke clearly wasn't very convincing in his speech because the Journal is hot on his trail:

It’s worth looking at the mechanisms involved. QE entails buying government bonds and thus driving down longer-dated yields. Low benchmark yields force investors to seek better returns elsewhere and thus migrate to equities and corporate credit. At the same time, expectations the central bank will achieve what it’s set out to, in other words, a recovery, lends further support to share prices.

Keep reading at SilverUnderground.com...

Cuylor Reeves's picture
By Cuylor Reeves at 11:32AM

Ron Paul on Campus Recap

March 24, 2011 -- University of New Hampshire

I was not on hand for this event, unfortunately, but the Ridley Report put together an amazing video:


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Ron Paul packed the house with a crowd of 600 people; one member of the audience said it was standing room only.

Media coverage: Fosters.com, Unionleader.com and WMUR.
March 28, 2011 -- North Carolina State University

The day that North Carolina State hosted Congressman Paul was the kick-off of Visualize the Debt -- and what a way to kick it off!  I arrived on the campus of NC State that morning to see the giant debt display and YAL members promoting Ron Paul's speech to be given that evening and talking to collegues about the massive debt.  There was also something I saw on campus that I had never seen before, a free speech tunnel: students are allowed to paint or write anything they want in this tunnel.  The NC State chapter took it upon themselves to paint the entire tunnel with promotions for the event.

tunnle


Read more here
Josh Jackson's picture
By Josh Jackson at 8:50AM

Chapter Building Strategy 8: Keeping Your Chapter Alive

Remember that the success of your chapter will depend entirely on the effectiveness of its leadership.  This is the rule.  There are no exceptions.  Regardless of the effectiveness of your YAL chapter while you act as leader, the potential and momentum you created can be lost irreversibly if effective leadership is not sustained from year to year.  Finding new leaders requires a plan and should be done well before your group disbands for the summer break. 

Read more Chapter Building Strategies here.

Check out some of the wise advice regarding leadership sustainability from Mikayla Hall,  Northwest Regional Director for YAL:

I graduate from college in June. Scary, right? What's scarier is the number of clubs that die after all of their founding officers graduate -- especially liberty-oriented clubs. I don't have a specific statistic for you, but if you don't start thinking about this issue now, you're likely to become part of one.

There are a number of things you can do to avoid the iminent destruction of all of your hard work, and the trick is to start thinking about this before you are getting ready to leave your university. Here are some tips that I've seen work firsthand:

  • Cycle through your leadership. Don't rely on the same president and officer board year after year. This can create a dependency on one individual who, hopefully, will not be in college forever and will eventually graduate. It also encourages fresh ideas and growth within a chapter.
  • Avoid cliques within your group. It is easy to bond with the people who have always been YAL members, but make sure you and your officers are open, inviting and engaging when interacting with new recruits. They're more likely to return if they feel they too can be part of the family.
  • Encourage freshman and sophomores to run for officer positions and actually give them real responsibilities. If they run for VP or President with little experience, it's okay. The older officers will still be around to offer guidance and help the club mature. If the underclassmen don't run for anything, give them responsibilities anyway.
  • Be constantly looking for new members throughout the school year. You can attract students through your activism events, but sometimes just using the World's Shortest Political Quiz as a "campus survey" can find you liberty-minded individuals who may not have previously identified themselves as such.
  • When you do graduate, follow up with your old chapter and keep the new officers motivated. Then they also feel they have someone to ask for advice that knows what they're going through.

For more on Leaving a Legacy and other helpful hints, read Kent Strang's article "Combat Attrition!" and check out the chapter on sustaining leadership from YAL's Activism Guide below:

Identifying Potential Leaders

It is very important to keep a constant and conscious lookout for potential leaders. These people will often show some or all of the following characteristics:

  1. They show up to many if not all of your organization’s meetings and events, especially the smaller ones.
  2. They offer their time and service.
  3. They are involved with other organizations and groups.
  4. They bring friends to meetings and events.
  5. They show enthusiasm about the organization. Once these people are identified, they should be asked to head up a committee, project, or something else that can not only cultivate their leadership talents and abilities but expose what talents they currently have.
Cultivating Leaders

The success and legacy of your organization is so important that it is vital that you cultivate multiple leaders at a time. This is primarily because many potential leaders won’t turn out as expected: some simply won’t be good leaders worthy of taking on a primary role, others might find interest in other groups or clubs and pursue opportunities in those directions, and yet some might even change their politics and philosophy. In short, make sure your organization is always cultivating multiple leaders at one time.

There are multiple benefits to cultivating several leaders at a time:

  1. The organization can choose from a number of qualified candidates for leadership roles, and
  2. A feeling of competition between potential leaders may make them work harder and do more for the organization in order to prove their leadership capabilities and right to become an official leader in the club.
AndrewWSharp's picture
By Andrew Sharp at 8:50AM

Update from Capitol Hill

Rep. Ron Paul announced in Des Moines, Iowa, that he is forming a Presidential Exploratory Committee.

Rep. Paul appeared on The View to discuss foreign policy, health care, and his new book, Liberty Defined.

Rep. Paul appeared on Sean Hannity's program to discuss the 2012 elections.

Rep. Paul appeared on Fox and Friends to discuss the debt limit and the difference between Hayek and Keynes.

Rep. Paul was a guest on The Colbert Report and talked about the Federal reserve and the out of control spending of both parties.

Rep. Paul told the New York Sun that the US is already in a slow-motion default.

Rep. Paul issued a written statement in response to Ben Bernanke's first-ever press conference.

Politico called the Paul family the "libertarian Kennedys."

Sen. Mike Lee wrote an Op-Ed in the National Review Online in support of a balanced budget amendment.

The Daily Caller did an in-depth interview with Sen. Lee on Libya, the debt limit, and his experience in the Senate so far.

Senators Graham, McCain, and Leiberman pushed for more blood and bombs in Libya.

Rep. Justin Amash warned against Sen. Graham's advice in the strongest terms,  saying he speaks neither for the freedom agenda nor the Republican party.

Rep. Amash appeared on Freedom Watch with Judge Napolitano to discuss auditing and ending the Fed.

Sen. Rand Paul demanded to see Donald Trump's long-form Republican party registration.

Wes Messamore's picture
By Wesley Messamore at 5:23PM
Joseph Brown's picture
By Joseph Brown at 9:39AM

Keynes vs. Hayek Rap Battle Round 2

Round 2 of the Hayek vs. Keynes rap battle ("Fear the Boom and Bust") is finally here, thanks to John Papola and Russ Roberts!

Bonnie Kristian's picture
By Bonnie Kristian at 2:54PM

YAL Member's Editorial: 'Only one GOP candidate can defeat Obama'

Writes YAL member Tony Peterson in his campus paper:

Earlier this month, President Barack Obama, unsurprisingly, announced his bid to keep the same job for four more years. Though the president hasn’t had exactly what you could call a smooth first term, he will be a formidable foe to the Republican nominee.

And just who might that Republican be?

Answer: nobody knows.

Read the whole article here.

Megan Duffield's picture
By Megan Duffield at 10:23AM

Chairman Bernanke Attempts to Make Friends Today at 2:15pm est

Chairman of the Federal Reserve, Ben Bernanke will hold a press conference immediately after his policy meeting with the FOMC. The press release was sent out unusually early today, prefacing the bullet points of the press conference that will be opening at 2:15 pm. The Fed is seeing a lower confidence across the board and is taking notes from England's central bank and providing more transparency, trying to escape the "behind the curtain" image they've held so tactfully over the past few decades.

You can watch the press conference live from the Federal Reserve's website.

The press release gave a glimpse into what we should expect from the Fed in the coming months. Many news sources are predicting a pull back on the QE2 funds. As it appears in the press release the $600 billion in emergency funds will continue to flow out of the Fed for the rest of the current quarter. The interest rates will stay at the steady, yet artifically low 0-.25% ... so no surprises there.

To continue reading visit SilverUnderground.com.

Peter Tariche's picture
By Peter Anthony Tariche at 9:59AM

CSUF & CAL-Western Visualize the Debt

From Susie Carnet:


One week prior to the Visualize the Debt event, California State University-Fullerton students purchased and made a 48 foot $14.2 trillion national debt Styrofoam sign in an empty parking structure on campus.  

On Wednesday, April 6, 2011, students from CSUF assembled and held the Visualize the Debt event with the help of Western State University College of Law at the quad of campus. While students walked by surprised and wondered what the numbers represented, we informed them those numbers were a representation of the national debt.  Despite the fact that a Visualize the Debt event is unusual on campus students engaged in further information on the subject.  We handed out flyers with information on the national debt with a cartoon animation, spoke in a loud speaker to gain attention, and had a table with books and sign-up sheets. We gained more than 50 signatures from students interested in joining our YAL chapter and students who want Ron Paul to visit our campus.

During our 5 hours holding the event our campus’ newspaper The Daily Titan interviewed, and placed us on the front page of the paper. We were also interviewed by NBC during the early hours of the event. We feel this event was a huge success because so many students and faculty were very amenable to finding out who we were and why we were doing this, now students know information they might not have otherwise recognized.

csufvtd1

Read more here
Josh Jackson's picture
By Josh Jackson at 3:28PM

Visualize the Debt at Georgia Southern

Report courtesy of DJ Greenberg of Georgia Southern University:

Young American’s for Liberty at Georgia Southern participated in the national “Visualize the Debt” protest on April 7, 2011.

GA Southern 1

Members constructed the fifty-foot sign in the weeks prior to the event.

The sign was placed outside the “Russell Union” rotunda for nine hours.

GA Southern 3

160 people signed the petition to Congressman John Barrow and Senators Johnny Isakson and Saxby Chambliss.

GA Southern 2

GA Southern 4

WTOC, the Savannah CBS news affiliate, covered the event on its Tuesday broadcast regarding the National Debt.