Great video from the Heritage Foundation.

I, Smartphone is a video based on the essay “I, Pencil” penned by Leonard Read in 1958. Big Government cannot control an economy. Only Free Enterprise with millions of participants working independently can produce the infrastructure to devise, manufacture, and distribute a smartphone.

Smart phones are just some of the wondrous things that ingenuity, free enterprise and capitalism have brought us — and that a central planning big-government bureaucracy can never do.

Mike Dunafon, mayor of Glendale Colorado, asks why our social security system is broken and explains how it is a ponzi scheme, like ObamaCare.

I saw the following image of progressive propaganda earlier tonight on facebook.

Will the sequester affect the federally funded study of duck penises?

Jack White & Loretta Lynn at the 2005 Grammy Awards.

This is actually old news, picked up recently by Forbes Magazine and the regurgitated by The Blaze. (which is where I found out about it.) None-the-less, no matter how old this story is, it still is a great example of the American way.

Jack White, singer-songwriter of the White Stripes and the 70th best guitarist of all-time (as decided by the folks at Rolling Stone), opened up a boutique record label called Third Man Records in 2001. In 2010 a few White Stripes fans started to make some noise and complain about certain business practices of Third Man Records. Particularly when they released a limited edition version of the then newly reissued White Stripes debut and sold it via their own eBay page, a sale that netted them $510.

Mr. White explained that this was done basically to cut out the eBay flippers, that were buying the records for cheap and then “flipping” them on eBay at large profits. That did nothing to lessen the anger amongst fans, so White went on to say:

“… make no mistake, we could make twenty thousand split color whatevers for you, and they’ll be worth 20 bucks, and you’ll pay 20 bucks for them, and you’ll never talk about them, desire them, hunt to find them, etc. why should ebay flippers, who are not real fans, dictate the price, make all the profit (taken from the artist and the label) and take the records out of the hands of real fans. there’s a guy who waits in a black suv down the block from third man who hires homeless people to go buy him tri colors when they are on sale. doesn’t even get out of his car. should he be charged ten bucks or two hundred? don’t be spoiled, don’t insult people who are trying to give you what you want.”

Basically the Free Market (what fans were willing to pay on eBay) set the price. Jack White, being a business man found out that fans were buying the records that his business was selling for much cheaper at inflated prices anyways. All he did was cut out the middle man and create more income for his business and the artists signed to that label.

An Occupy Wall Street protester would have a problem with that, but its nothing more then the American Way.

Related: Bob Dylan, Sell Out Nazi Scumbag?

F.A. Hayek, born in Austria as Friedrich August von Hayek, died 20 years ago today.

Below is a 5 minute synopsis of his book The Road To Serfdom in Cartoon form. Click here to read an interview with him in 1977 from Reason Magazine.