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Barry Goldwater

Bailing Out the Auto Industry: A Perspective

Thursday evening I posted on my Facebook profile the speech that Congressman Ron Paul gave on the House floor, opposing the auto industry bailout (the so-called “bridge loan”), along with the following comment:

“This speech on the auto bailout speaks for itself. Congressman Paul really puts it all into perspective. Were that there were more in Congress like him.”

Who Hijacked American Foreign Policy?

Way back in July of 2003 Ron Paul wrote an article entitled “We’ve Been Neo-Conned” in which he laid out facts showing that the “Neo-Con” philosophy had taken over the foreign policy of the USA (For a quick primer on the Neo-Conservative movement please click the link above). As I was reading this article one question kept repeating in my head:

“How did it come to this?

The only place to start I believe is with the American person (notice I didn’t use the plural “people”). I will use myself as an example since I believe my story is common to many modern-day libertarians and members of the Liberty movement.

In short, I was raised a Reagan Republican, became a Neo-Con after 9/11, converted to a Goldwater conservative after the invasion of Iraq and became a full-fledged libertarian after finding the writings of Murray Rothbard(OK, maybe every libertarian didn’t become one because of Murray but I think many have a similar story).

But here is what I believe is key in my story and the reason why there aren’t more capital “L” Libertarians: I didn’t get their foreign policy. Like many I actually referred to myself as libertarian on social and monetary issues, but not when it came to our “enemies”. I hear the same from freedom loving people over and over again, especially in the wake of 9/11.

The reason the Neo-Cons were able to seize power is FEAR. I am not putting anybody down because of it. I can certainly relate, but we still have to figure out why the American person is allowing our government todrop bombs and declare war on anybody they want to while we cheer them on. When does fear translate to lunacy?

Obama’s New “New Deal”

The world was greeted on Saturday with Barack Obama’s announcement of a massive public works program to “save or create at least 2-1/2 million jobs so that the nearly 2 million Americans who’ve lost them know that they have a future,” as Obama put it in his weekly radio address (yes, he’s already doing this, even before the inauguration). A detailed article at Politico.com opens with the following:

President-elect Barack Obama added sweep and meat to his economic agenda on Saturday, pledging the largest new investment in roads and bridges since President Dwight D. Eisenhower built the Interstate system in the late 1950s, and tying his key initiatives – education, energy, health care –back to jobs in a package that has the makings of a smaller and modern version of FDR’s New Deal marriage of job creation with infrastructure upgrades.

 

How Agriculture Subsidies Distort Food Prices

Note: This is a revision of a previous article that was entitled “Falling Prices: Why is Food Not Part of This Trend?”. The author has made the revisions to reflect the fact that crop commodities are in fact deflating, while maintaining that agriculture subsidies did in fact play a role in pushing the prices artificially high, prior to the current correction.

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