Dissent is Not Unhealthy, It’s Patriotic

Dissent is “unhealthy”:

A top adviser to President Barack Obama takes a dim view of last week’s anti-tax “tea parties,” promoted by organizers in the spirit of the Boston Tea Party.

“The thing that bewilders me is this president just cut taxes for 95 percent of the American people. So I think the tea bags should be directed elsewhere because he certainly understands the burden that people face,” David Axelrod said Sunday.

The rallies coincided with the deadline to file income taxes, and gave people a chance also to voice frustrations about government spending and corporate bailouts.
Axelrod was asked on CBS’ “Face the Nation” for his opinion on what the show’s host described as “this spreading and very public disaffection with not only the government, but especially the Obama administration.”

Maybe Germans Did Learn Something From The Weimar Republic

When President Obama arrives in London this week he will meet with the leader of Germany, a nation where his election has brought newfound goodwill towards America; but will the goodwill be enough to force the hands of Germany to conform to Washington’s desires for additional stimulus and bailouts? If the latest media reports, which point towards an Administration attempting to dial down expectations, are any indication, then the answer is most likely a soft no.

The NYT is reporting that little ground is expected to be made in regards to additional German stimulus, with Chancellor Angela Merkel expected to cite fiscal discipline as a reason for German non-cooperation with President Obama’s Administration on the issue-

MIAC Report: Ron Paul Supporters Labeled Domestic Terrorists?

Ron PaulThe general rule for me is if Alex Jones says it, don’t take it seriously. And that’s what I said on Thursday to several friends that e-mailed me a link to a story about how the Missouri Information Analysis Center (MIAC) basically correlates libertarians and more specifically supporters of Ron Paul, Bob Barr and Chuck Baldwin, with potentially being a domestic terrorist or member of a militia.

Cutting Taxes = Increasing Revenue

Around 150 BC, Emperor Ching Ti came to power in China and immediately faced a major problem: his treasury was empty.

Taxes were very high, but no real revenue was coming in. That’s because the system of taxes at that time was an early form of income tax that centered on the government taking a large percentage of a farmer’s crops.

So Ching Ti did something bold and innovative: he cut taxes.

Overnight, taxes went from over 50% down to about 3%. Farmers, who had fled to the hills to escape draconian tax rates, now came home and began farming again. To make a long story short, Ching Ti’s greatest problem while governing was trying to keep all the grain in his barns from spoiling.

It seems that ancient Chinese history is good for more than just cutesy script on a fortune cookie.

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.

Shades of Red

I believe the very heart and soul of conservatism is libertarianism.  I think conservatism is really a misnomer, just as liberalism is a misnomer for the liberals… The basis of conservatism is a desire for less government interference or less centralized authority or more individual freedom, and this is a pretty general description also of what libertarianism is. -President Ronald Reagan

The past two general election cycles have been bleak for the Republican Party. Looking  back on its celebrated rise from near irrelevancy in the 60’s, 70’s and 80’s, it becomes clear that 1994 was a peak rather than a new beginning.  When Newt Gingrich, Jim Babka and PNAC took control of the GOP from what was left of the Goldwater/Reagan conservatives, it marked the beginning of the end.

New Year Predictions by the UL Staff

John Killian

* Barack Obama will realize that Congress is not ready to go along with his progressive agenda. Many Southern and rural Midwestern Democrats were elected as pro-life conservative Democrats. Hence, his Freedom of Choice Act (FOCA) will never see the light of day.
* With nervousness on the economy, Obama will not push for Nationalized Health Care. You will see some adding around the edges, but no major increases in federal programs. Obama’s advisers will warn him about the effect of more spending and especially, more taxes on our fragile economy.

Don’t Raise Taxes in a Recession!

In the last two weeks, Alabama State Government has been severely curtailed by the forced nine percent cuts in spending due to proration. Remember, proration is required because the Alabama Constitution (yes, the 1901 version that supposedly is outdated) requires a balanced budget. Hence, when revenues fall below expectations, then proration is automatically ordered so that funds are not spent until the monies are available.

Social Security: The Biggest Ponzi Scheme

In 1920, Italian immigrant, Charles Ponzi, developed a scheme which promised high-yield returns on the arbitrage and trade of international postal reply coupons. It sounds like a fancy scheme even today and it fooled many investors at the time. Ponzi, however, was not actually making such investments. He was taking money from new investors, drawn by the promise of high returns, to pay off past investors. A brilliant little scheme except for the fact that it is essentially stealing and fraudulent. This basic framework is now called a Ponzi scheme, and former NASDAQ chairman, Bernard Madoff, has been implicated in what may be the biggest Ponzi scheme of all time.

Lessons from the Auto Bailout Controversy

This past week, the US Senate failed to concur with the House of Representatives in passing a bailout package for the nation’s large domestic automakers. This bailout had the support of the Democratic leadership in Congress as well as the Bush White House. Already, doomsayers are bemoaning this lack of financial infusion from an already depleted federal budget. However, I applaud this decision as a victory for principle over pragmatism. Hoping that conservatives will learn from this effort to continue enlarging government, consider some lessons from the bailout controversy.

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