Economy

The Bailout- Both Evil and Stupid!

The late Samuel Francis stated that the United States has a two-party system, the Stupid Party and the Evil Party. Occasionally, you find a bi-partisan effort and when you do so, you can count on that proposal being both stupid and evil. I am incensed that Washington power-brokers have come together to bail out the greed of both big business and big government. Noted economist Jim Rogers has said that this bailout would make our economy more communistic than that of Red China. Do we really want that much more infusion of government into our economy? Years ago, I heard Congressman Phil Crane state that Government does nothing well. While observers should have noted the failure of statist systems and the growth of free market economies, our nation promises more from government. How blind do our leaders need to be before they realize that government spending is breaking the taxpayer and damaging the economy.

Please give careful attention to the wise warnings of my friend Matt Chancey.

Dear friends,

The reason I am writing you today is to ask you to join me in contacting your congressman and senators to urge them to reject the $700 billion bailout being rammed through Congress this week.

Ron Paul Endorses Chuck Baldwin for President

A post on the Campaign for Liberty site confirms it. Ron Paul just dropped the bomb and endorsed Chuck Baldwin:

I’ve thought about the unsolicited advice from the Libertarian Party candidate, and he has convinced me to reject my neutral stance in the November election.  I’m supporting Chuck Baldwin, the Constitution Party candidate.

This was already a big week for Dr. Paul. The coming taxpayer-funded bailouts and the country’s verging near economic collapse is an unfortunate reminder that the humble Congressman from Texas has been right all along.

Fortunately he isn’t just sitting there telling us “I told you so.” He’s bucking the establishment again to show that another part of our system is broken.

Stop the Bailouts!

For over a century one of the fundamental discussions about public policy has been redistribution of wealth, whether it be in regards to its ethics or practicality. But - the overlooked side of the redistribution of wealth is the redistribution of debt. Nearly every problem imaginable created by the redistribution of debt is a factor worse compared to the problems created by a similarly sized redistribution of wealth. The unfortunate thing is, while the redistribution of debt (and risk) is often not politically popular, when a powerful sector (or company) needs a bailout, it is very likely to occur.

If we condemn the redistribution of wealth, we should equally condemn the redistribution of debt through government sponsored means. It’s time liberty lovers unite to stop federal bailouts of speculators and corporations.

Americans Benefit from Stronger Dollar

The pundits and politicians mocked and laughed at him.

The public brushed his comments off.

But over the last month, Ron Paul’s stance on the need to support a strong dollar has been at least temporarily exonerated by the public with the average American feeling significantly better off with the dollar’s recent rise.

While this claim is yet to be fully vindicated with consumer sentiment reports - early data and expectations are hopeful. Given the long standing fact that short term changes in consumer sentiment about the economy have a high correlation to energy prices, and that energy prices in turn have a high correlation to dollar strength (in this age of high import dependence), we will most likely see the benefits of the dollar’s recent rise (USD Index up ~8% in the last month) filter through the economy at large over the coming weeks and months.

Revealing America’s Burden

Many of us reading liberty oriented political blogs know, at least vaguely, about the crushing size of current debt and future unfunded liabilities, but the problem unfortunately, is that most Americans are less aware about the scale and consequences, let alone necessary solutions. The producers of I.O.U.S.A. seem to believe they can play a part in the solution by bringing what politicos and economists have known for years to the public’s attention.

Is He a Republican or Democrat?

As I read through the “Issues” of US Senate Candidate Bob Conley, I became confused.  I was under the impression that he was a Democrat, running against incumbent Republican, Lindsey Graham.  But as I read his stances on several issues, it occurred to me that he was far more “Republican” than Senator Graham.

Read for yourself-

The Time for Liberty

The Barr Campaign has just released a new video entitled ‘The Time for Liberty’. It illustrates very beautifully what our country is up against, and how our freedoms have been encroached upon for over 50 years. It has been talked about for many years, but now is the Time for Liberty. Spread this video where you can.

Huckabee: The Anti-Libertarian

Former Arkansas Governor and GOP Presidential Candidate, Mike Huckabee recently raised the ire of libertarians by calling libertarianism “not an American message,” stating libertarianism was a “soulless type of economic conservatism” and a threat to Republicanism.

LP spokesman Andrew Davis responded with-


The views and opinions expressed by individual authors are not necessarily those of other authors, advertisers, developers or editors at United Liberty.