Reality Check: The Government’s Stimulus and Bail-Out Plan
The U.S. and Russia Compete Again
Apparently, there’s not much difference between the way in which a democratic republic (the United States) and an oligarchy (Russia) handle “economic crisis”. According to an article in The Moscow Times:
Former Soviet leader Mikhail Gorbachev accused the government on Friday of bailing out billionaires at taxpayers’ expense in a letter co-signed by four businessmen and economists.
Gorbachev has until now been supportive of the Kremlin, and by speaking out he has joined a small but growing chorus of influential Russians who say the government’s tight control of the economy and politics is making the slowdown worse.
“The Russian authorities have turned their back on structural reform and instead satisfied themselves with inventing a mythical model of an ‘energy superpower,’” said an open letter whose signatories included Gorbachev.
Bush Ends 8 Year Reign With 22% Approval
CBS & the NYT released what will probably be their last Presidential Approval poll for George W. Bush as a sitting President. The results were, well, unsurprising at 22% approval.
(CBS) President Bush will leave office as one of the most unpopular departing presidents in history, according to a new CBS News/New York Times poll showing Mr. Bush’s final approval rating at 22 percent.
Seventy-three percent say they disapprove of the way Mr. Bush has handled his job as president over the last eight years.
Mr. Bush’s final approval rating is the lowest final rating for an outgoing president since Gallup began asking about presidential approval more than 70 years ago.
The rating is far below the final ratings of recent two-term presidents Bill Clinton and Ronald Reagan, who both ended their terms with a 68 percent approval rating, according to CBS News polling. - CBS
Hopefully this will be seen as a final indictment on the evil ideology that is neoconservativism, though I do readily expect them to work their way back into positions of power after a few years of laying low.
Why I’m A Libertarian
I’ve gotten a bit of hostility for being a libertarian. While I can only think of one person in my experience who really gave me serious crap for it, more than a few have created stereotypes in their head due to my political leanings. I must be a gun owner, a pot smoker or a well-to-do man who doesn’t want to share loot with anyone. I am not even close to being any of those.
I lean with the libertarians because of my philosophy of life, which is strongly rooted in my life experience. Throughout my public school days, I could not understand why I had to take part in activities I didn’t enjoy or succeed at, why nothing was done when kids bullied or harassed me or why some bureaucrat who had never met me decided where I would spend the majority of the day. I tend to get angriest and lash out when people box me in, keep me from choosing my own path or tell me what I cannot do. If allowed a large degree of freedom (within reason, of course) I’m fairly happy.
Indiana and the Gold Standard
Indiana State Senator Greg Walker (R) has introduced a bill before the General Assembly to require the State Treasury to accept gold as a competing currency in the state of Indiana.
The Libertarian Party of Indiana has taken this stance:
STRONGLY SUPPORT: We liked the idea when LPIN gubernatorial candidate proposed this at an October press conference. We liked it more when he talked about it during the debates. We liked the idea at a national level when Congressman Ron Paul championed this message on the campaign trail. Imagine a currency that has real value and the effect this move would have on stabilizing a very unstable economy.
The complete details can be found here.
Policies of Fear
Economist Ludwig von Mises, a man who witnessed the rise of totalitarian systems of fascism and communism, noted that totalitarian governments thrive in the soil of etatism, or “the trend toward government control of business”. On Mises’ view, etatism went hand-in-hand with economic nationalism and the glorification of war. There is no better example than Nazi Germany, the home of national socialism. Before Hitler could mobilize resources and support for his Lebensraum-oriented war machine, he first nationalized businesses, turning them from entrepreneurial market ventures to servants of the state. But what does that have to do with us?
Save the Date, Save the Country
Despite a hard-fought campaign, and despite the help of thousands of people across our country, our Congressional campaign in North Carolina’s 4th District suffered a decisive defeat. We received many compliments on our campaign, which featured a well-attended debate at UNC, a brief but focused media campaign (see Your Money at Work, and Your Money at Work Part 2), fifty thousand copies of our United States Constitution, and hundreds of great volunteers across the district engaging voters at the polls. While compliments don’t win elections, I was proud to represent the cause of a Constitutional federal government, and principled government that upholds the rights of individual Americans.
Winning the Youth Vote Through REAL Compassionate Conservatism
It has been observed that the up-and-coming generation of young people are more socially conscious than their spoiled Baby Boomer parents and their SUV-driving, yuppified older siblings.
This new generation is keyed into world affairs and world suffering and is doing something about it. They march against the War in Darfur; they do fund drives for AIDS Orphans; and they largely vote for candidates who pledge to recruit the government (i.e. the taxpayer) to solve these problems.
Increasingly, these young people are voting more and more Democratic. Of course, liberal Democrats have always enjoyed the majority of the youth vote - what little there was. But today’s socially conscious youth are making up an increasing percentage of the electorate and are going to play a larger role in certain elections.
WSJ Op-Ed Piece Accuses Israel of War Crimes
Americans may be growing tired of biannual belligerent escalations in the Middle East, or more Generation X and younger commentators are getting jobs in media and thus publishing views more complex and nuanced than the blind support of Israel that characterized the Baby Boomers. Whatever the case, we now live in a political climate where Wall Street Journal’s op-ed page, a friendly place for neoconservatism, includes articles such as this one by the Palestinian American professor George Bisharat:
Our Declining Congress
In case you missed it, George Will wrote a great column on December 21, titled “The Final Blow Against Congress” in which he shows how superfluous Congress has become in the age of presidents who prefer to govern without constraint of any sort.
Of course, our Founding Fathers wanted Congress to be the strongest branch of government—that’s why they gave them the “power of the purse” (the right to coin money, raise taxes, and spend money).
Will condemned President Bush for completely snubbing the clear will of Congress in rejecting the “Big 3” auto-manufacturer’s bailout. Not only did President Bush ignore Congress’s authority, but he thought their $14 billion proposal was too skimpy. So he authorized $17 billion from the $700 billion bailout package previously passed by Congress to be spent on the failing US auto industry.
United Liberty









