The Right says that the government isn’t the solution to problems at home but at the same time wants the government to solve problems everywhere else. The Left says the opposite. When either are elected they grow the government at home and never actually shrink the presence of our government abroad. When will the vast majority realize that government as practiced today is also the cause of most of these problems.
Tag Archive for 'Liberty'
Ron Paul’s bill to Audit the Fed, HR1207, went through committee hearing on Friday. You can watch the whole hearing in 5 parts below.
Ron Paul’s latest book, End the Fed, will be released on September 16. If you are at all interested, please pre-order the book to help make it a best seller on Amazon and get it more exposure. Also, don’t forget to contact your congressman and senators and tell them to cosponsor HR1207 and S604 to Audit the Fed.
Jeffrey Tucker of the Mises Institute has recently been blogging through the book Against Intellectual Monopoly by Michele Boldrin and David K. Levine. The supposed goal of patents and copyrights is to increase innovation. In the introduction the authors point the reader toward the conclusion that “intellectual property is an unnecessary evil.” I plan to read through the book and also the articles that Jeffrey Tucker has written as mises.org.
The Senate voted on Monday to confirm the President’s anti-gun choice for Attorney General, Eric Holder. Gun Owners of America shows how the senate voted and makes it easy to tell your senator whether they did a good job. Jim DeMint stood up for our constitutional rights while the increasingly liberal Lindsey Graham showed that he’s most concerned to get along with everyone (except conservatives).
Robert P. Murphy, author of The Politically Incorrect Guide to Capitalism, has written new article on Mises.org explaining the bailout that failed yesterday and will probably be attempted again on Thursday in a slightly altered form. The conclusion of his article expresses the main problems with the bailout:
The Paulson Plan is a heist. It is a grand scheme in which the public will end up owing hundreds of billions of dollars to holders of new debt claims issued by the US Treasury. The plan won’t “prop up” asset values and it won’t provide any real stimulus to the economy.
Despite the dire warnings — coming from the same folks who brought you the Iraq invasion to remove WMD — there is no threat of a financial meltdown. If Goldman Sachs failed, the sun would still rise the next morning.
Far from providing stability and confidence, the Fed, Treasury, and SEC’s recent moves have ensured that US capital markets will now function with the same efficiency as public education in this country. The Paulson Plan is one more step in the socialization of America, but it is also a great bank robbery.
You can go to The Great Bank Robbery of 2008 to read the entire argument and to understand more fully why the government wants to do this and what they hope to accomplish.
The Campaign for Liberty website has posted a tally of today’s vote on the bailout plan. Check it out to see how your congressman voted.
Update: that link no longer exists but you can find updated information on the final vote at Final Bailout Vote Tally.
Ron Paul has a new article, The Creation of the Second Great Depression, at LewRockwell.com pointing out some of the problems with the proposed economic bailout. Go read the article for yourself and then contact your congressman and senators. A couple of interesting quotes follow:
Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike.
And the problem with our current two party system:
Our one-party system is complicit in yet another crime against the American people. The two major party candidates for president themselves initially indicated their strong support for bailouts of this kind – another example of the big choice we’re supposedly presented with this November: yes or yes. Now, with a backlash brewing, they’re not quite sure what their views are. A sad display, really.
I would also recommend that you buy Dr. Paul’s latest book, The Revolution: A Manifesto, and read it if you haven’t already.
In case you missed it, Ron Paul endorsed Chuck Baldwin of the Constitution Party yesterday. Dr. Paul’s excellent article, A New Alliance – By Dr. Ron Paul, is available at the Campaign for Liberty. It seems that Bob Barr of the Libertarian Party helped make sure that Ron Paul would endorse someone and it wouldn’t be Bob Barr.
All kinds of theories and ideas are being thrown around on the news and talk radio about how the government should solve the current crisis. Over the years I have become convinced that the government caused the problem and that the more the government does the longer the problem will go. Read America’s Great Depression to see how the government helped cause and extend the great depression. The Case Against the Fed is an excellent source of arguments and evidence showing the destructiveness of fractional reserve banking. Economics in One Lesson explains economics in an informative way that shows how government intervention and taxes hurt the economy. How Capitalism Saved America gives many historical examples of unfettered capitalism in United States history that helped to produce the prosperity that generations past started and we continue to experience today. It will also help to see that what we have today isn’t really capitalism and that the supposedly deregulated businesses suffer under much government control.
There are some additional books that I plan to read soon that should also be worthy of recommendation. What Has Government Done to Our Money?, A History of Money and Banking in the United States, and Prices and Production to name a few. For a good work of fiction I really enjoyed An Enemy of the State. It is a science fiction novel examing the takeover of a totalitarian intergalactic society through purely economic means. I found it helpful to see these economic concepts worked out in fiction to get a glimpse of how it might work.
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