United Liberty

Recently, the TEA Party movement celebrated its first anniversary. At first the TEA (Taxed Enough Already) Party activists were dismissed as a few grumpy right-wingers upset that America elected a black president. They were given little credence beyond being an amusing political side show. That soon changed. On April 15th hundreds of thousands of average Americans showed up at protest rallies across the nation, outraged at the “stimulus” package of goodies doled out to special interests, liberal activism organizations and Democrat pet projects. CNN reported that a few thousand people showed up at the rally in Atlanta, but I was there and can assure you that it was close to ten-fold that amount. It was shoulder-to-shoulder for about four blocks in one direction, not counting the people on the side streets.

Once they could no longer be dismissed as a fringe element, TEA Party activists were labeled as “Astro-turf” (fake grass roots), accused of being flunkies of Big Corporate America, mindlessly doing the bidding of their masters. They were accused of being a fabrication of FOX News and the Republican Party. They were accused of being everything except what they are…average Americans, generally with traditional conservative values, who were fed up over 20 years of Bush-Clinton-Bush politics, two political parties who paid only lip service to the people they claimed to serve while engaging in a bacchanalian orgy of political perks, who had finally been pushed over the edge by a pork-laden spending bill of almost $800 billion. They were saying “Enough is enough!”, and they were going to make their voices be heard.

In a special podcast, Jason discusses the latest details of healthcare reform with Michael Cannon, the director of health policy studies at The Cato Institute and the co-author of Healthy Competition:  What’s Holding Back Health Care and How To Free It.

Their discussion includes the use of reconciliation to pass the latest healthcare reform bill amd the hurdles that procedure faces, the bill’s cost and new taxes, and health savings accounts (HSAs).

You can download the podcast here. The always lovely Aimee Allen graces us with “Silence is Violence” in the music that opens the interview.

You can subscribe to the RSS of JUST our podcasts here, or you can find our podcasts on iTunes here.

You’ve probably heard about the “Miss Me Yet?” billboard in Minnesota, featuring a picture of George W. Bush. According to Fox News, a “group of small business owners and individuals,” obviously not fans of Barack Obama, paid for it.

That’s all well and good, and while I’m no fan of Barack Obama, I don’t long for the presidency of George W. Bush.

From a fiscal perspective, the Bush Administration was a disaster. Before you repeat the Dick Cheney talking point that most of the spending was for defense and two wars. Let me go ahead and tell you, that’s not true. Bush was the biggest spender since Lyndon B. Johnson, dramatically increasing non-defense discretionary spending. Remember, he is a “compassionate conservative,” which is apparently a nice term for “statist.”

Bush signed a new entitlement into law, his administration enacted the most regulations since Nixon (“we’re all Keynesians now”) and he backed the Wall Street bailout while telling us that he “abandoned free-market principles to save the free-market system.” This is only the tip of the iceberg on his fiscal policies.

I just read Matt Wittlief’s thoughts on Scott Brown, and since I have only tweeted about the Massachusetts special election and talked about it on the radio, I must be falling behind as a “political blogger” myself.  I started this as a comment, but my opinions turned this into a post itself.

As I see it, the GOP needed solidarity in the Senate (41 votes) to derail ObamaCare, and Scott Brown is that 41st vote for ObamaCare in 2010. I have said it before, and I will continue to say it, Scott Brown is nothing more than a “short term compromise.” His positions are not that different from Coakley, when you compare them across the board for all three candidates that ran. He also supported RomneyCare in Massachusetts a few short years ago. His support of government intervention into the marketplace is unquestionable, and he confirmed it with his comments on Wednesday, that every libertarian that tweets or is on Facebook cited.

I recently read an article written by former Fed economist Richard Alford over at Naked Capitalism. He focused his criticism on the zero interest rate policy (ZIRP) currently deployed by the Fed under the watch of Chairman Ben Bernanke. There has been increasing noise surrounding ZIRP and more mainstream suggestions that interest rates were too low for too long between 2001 and 2006.

Alford’s article gets into quite a bit of detail, but it is worth a read if you enjoy geeky economics stuff. Mainstream macroeconomists believe that the economy can be explained and managed with mathematical formulas. In fact, the formulas are really quite simple and do not capture the dynamics of the millions of “irrational” actors therein. One favorite is the Taylor rule which suggests a target for the Fed funds rate - the key interest rate set by the central bank. Alford points to a Taylor op-ed which states that rates were too low from 2002-2005.

Bernanke has suggested that rates necessarily had to be low (and must stay low) to fend off the threat of deflation. When analyzing Bernanke’s definition of deflation, however, Alford suggests deflation was never a threat. Thus, interest rates were lower than they “should have been” for no good reason.

It’s the last day of 2009. We made it through a crazy year that saw liberty put at risk on an all to regular basis. We decided the best way to recap the year was to take ten of 2009’s biggest stories and write a blurb about each one of them (we tried to keep it short and to the point).

Before you continue on, each of us here at UL want to thank you for a great 2009. We appreciate you reading. We’re planning for world domination in 2010 and hope that you’ll join in the fun.

So, here they are in no particular order, United Liberty’s Top 10 Stories from 2009.

Tea Party Movement (Brett Bittner): The wave of “hope” and “change” that swept Barack Obama into the Presidency of the United States closed out 2008 and opened the door to a new movement in American politics, the Tea Party movement.  I believe that his election was merely a catalyst for many groups of a conservative nature and strong views on limited government to unite to form one voice to stand up to the political status quo, calling out Democrats and Republicans alike for their affinity to grow the size of government to a breaking point.

Note: I intended to merely comment on this chart when sharing it via my Posterous. During the 5 or so minutes I was commenting, it grew to be something more substantial, and at the urging of others, it has been cross-posted here.

Since the 1960s, the percentage of total healthcare cost paid directly by the end consumer, aka patient, has dropped drastically, but out of pocket costs have risen and the cost of healthcare has risen drastically over that same period.

What has happened between then and now? The intervention of government into the marketplace. Insurance regulations, government mandates about what MUST be covered, Medicare/caid, and inflation make costs skyrocket, but the opacity of the prices keeps patients from seeing what each visit, prescription, and procedure actually costs. With that opacity, there is no competitive pricing, because the prices paid by patients are merely co-pays and the withholding from their paycheck for employer-sponsored health plans, insurance companies, and government programs that pay negotiated rates. Without competition and price transparency, prices will continue to rise.

In addition, patients largest out of pocket expense is their insurance coverage, which does not fluctuate to accommodate the amount of healthcare services consumed. The patient knows they only pay $10-$50 for each office visit, but the overall costs of those visits can be thousands of dollars. The patient rarely, if ever, sees the actual cost… Usually only if their insurance claim is denied.

Free Market Justice by Gaslight.

It is axiomatic that whatever the state can do the private sector can do better, and this lesson is rarely illustrated better in literature than in the stories of Sherlock Holmes by Sir Arthur Conan Doyle.  As it was said by Doyle’s brother-in-law E.W. Hornung, there is no police like Holmes.  With the new Sherlock Holmes movie set to be released on Christmas day, we will no doubt see a resurgence of interest in the original Sherlock Holmes stories, movies and television programs.  Viewers and fans would do well to note the prevalent anti-state themes that course through these stories like the famous cocaine through the veins of Holmes himself.

The relationship between Holmes and the official London police force showed the marked contrast between a skilled master and a team of public investigators usually barely maintaining the status quo at least a few steps behind the criminals.  Scotland Yard reeked of a smug incompetence that amused Holmes, even as he gave them the credit in most cases.  They were frequently on the wrong path, lecturing Holmes about him wasting time chasing his fancy theories which ended up being correct.  While Inspector Lestrade and the rest were so easily duped by the scheming criminals, Holmes did what the police should have done, what they were getting paid tax payer money to do.  In “The Case of the Red Circle” we even see that a constable on duty at a murder scene is easily manipulated by a housewife.  Like so many other instances in real life, the private market yielded results where the public option brought errors, gridlock and confusion.

Oxford University Press, which published Jennifer Burns’ biography of Ayn Rand, has made available a short excerpt of the book:

“I am coming back to life,” Rand announced as the Nathaniel Branden Institute entered its second year of existence.  Watching Nathan’s lectures fill, Rand began to believe she might yet make an impact on the culture.  Roused from her despair, she began once more to write.  In 1961 she published her first work of nonfiction, For the New Intellectual, and in 1962 launched her own monthly periodical, The Objectivist Newsletter. Over the course of the decade she reprinted articles from the newsletter and speeches she had given in two more books, The Virtue of Selfishness and Capitalism: The Unknown Ideal.  Although she occasionally talked of a fourth novel, Rand had abandoned fiction for good.  Instead she reinvented herself as a public intellectual. Gone were the allegorical stores, the dramatic heroes and heroines, the thinly coded references to real politicians, intellectuals, and events.  In The Objectivist Newsletter Rand named names and pointed fingers, injecting herself directly into the hottest political issues of the day.  Through her speeches and articles she elaborated on the ethical, political, and artistic sides of Objectivism.

After attending several Atlanta area health care town hall forums sponsored by legislators in support of HR 3200, I decided to participate in one hosted by MY Congressman, Representative Phil Gingrey (R-GA, 11th). I should note that I did not vote for or against Dr. Gingrey in 2008, as I lived in Georgia’s 13th Congressional District then. The convenience of the location of August 31st’s event could not have been better, unless it took place in my living room (the Cobb Civic Center is across the street from my neighborhood), however a 5:30 PM start time made it difficult for many constituents to attend.

I arrived at the Civic Center shortly after 5 PM to find a parking lot approximately half-full, some cars present as early as 3:30 PM. Outside the venue, there were a few individuals and groups handing literature to those entering, including members of GOP gubernatorial candidate, John Oxendine’s You Can Stop ObamaCare. I expected police-enforced restrictions that I encountered at previous town hall events, so my only tool to capture and share media of the event was my cell phone.

Once inside, I noted many of Rep. Gingrey’s older constituents in attendance, as I expected from reports of his previous forums on the subject. I also expected that most in attendance would be opposed to the health care reform bill known as HR 3200, also known as “ObamaCare,” like their Congressman, Rep. Gingrey. There were a handful of