Despite the evident bafflement and lack of vision exhibited by the powers-that-be on both sides of the aisle, we are making progress in presenting and even implementing the Just Third Way. This appears to be making people nervous who think — erroneously — that their jobs, reputations, careers, and so on, are somehow threatened by the Just Third Way.
Nothing, of course, could be further from the truth. The Just Third Way is not merely a rising tide that lifts all boats, it makes certain that everyone has a boat that can rise with the tide, and that none of the boats have leaks. It even includes a lifeline for people whose boats, through no fault of their own, prove not to be seaworthy.
The only people the Just Third Way doesn’t really help (except by managing to keep them afloat somehow) are those who (like the Keynesians) insist on drilling holes in the bottom of their boats to let the water out, or who (like the socialists) heroically lash themselves to the mast and ram their boats into others’ because the other boats are too big, they don’t like the color, or they don’t believe the others got their boats honestly, and should be killed.
You can make the system foolproof, but you can’t make it damnfoolproof. Still.
• We are getting closer to surfacing a macro model for the Just Third Way within the confines of existing law. All the component parts of Capital Homesteading have at some point been tested and work. They have just not been put together as an integrated system at the macro level. Every ESOP company, however, is a working model of Capital Homesteading at the micro level, although none is perfect.
• Savvy secondary market investors are recommending underpriced precious metals for their speculations. This is a significant danger sign that those with their fingers on the pulse of the secondary market are worried that the bubble may burst, and want to put their past savings into something that presumably will always have value, no matter how bad things get.
• We expect very soon to finish a paper requested by a graduate professor at a “Pontifical University” in South America outlining the Just Third Way. The focus is on what Louis Kelso and Mortimer Adler called the slavery of past savings, and how a shift to future savings can benefit everyone.
• A local clergyman has expressed interest in theories that correlate the Just Third Way with what Pope Pius XI meant by “the Reign of Christ the King.” Far from being a theocracy or forced conversion of all (other) infidel dogs, Pius XI’s concept appears to be a call to base civil society on the natural law, common to all people, regardless of belief.
• We believe we may have located two books by Fulton Sheen that are in the public domain. We will be reviewing these works for possible publication sometime in the future.
• This past week’s efforts to surface someone who can open the door to a meeting between Norman Kurland and Cardinal Dolan to discuss an alternative to “ObamaCare” met with qualified success. Most Pro-Life leaders refused to stick their necks out and preferred to pass the buck to someone else by claiming that what they consider unacceptable provisions in the healthcare act is outside their area of concern or competence. We did get a few people, however, who are exploring possible avenues, demonstrating that you don’t usually win a war by retreating.
• As of this morning, we have had visitors from 65 different countries and 48 states and provinces in the United States and Canada to this blog over the past two months. Most visitors are from the United States, the United Kingdom, Maldives, Australia, and India. The most popular postings this past week were “Thomas Hobbes on Private Property,” “Aristotle on Private Property,” “The Dictatorship of Money, IV: The Turning Point,” “Binary Banking Theory, V: Fractional Reserve Banking,” “Binary Banking Theory, I: The Types of Banks.”
Those are the happenings for this week, at least that we know about. If you have an accomplishment that you think should be listed, send us a note about it at mgreaney [at] cesj [dot] org, and we’ll see that it gets into the next “issue.” If you have a short (250-400 word) comment on a specific posting, please enter your comments in the blog — do not send them to us to post for you. All comments are moderated anyway, so we’ll see it before it goes up.