The Antidote to Obama
In his Weekly Address yesterday, Obama said, “I didn’t come here to do the same things we’ve been doing … .” After all, Obama is for “change.” Before Obama took over the country, and even before Bush’s 2008 financial bailouts, federal, state, and local governments...Alan Greenspan, Meet Reality (Part II)
Alan Greenspan should never have departed from Ayn Rand’s principles. It wasn’t practical: Not for him, and not for the rest of us.
A Nation of Cowards?
Attorney General Eric Holder said the United States is “a nation of cowards” when it comes to race relations. In one sense, he is absolutely right. Many whites, from university administrators and professors, schoolteachers to employers and public officials...Obama Seeks ‘Cure for Cancer’ — By Stamping Out Freedom
In his address before a joint session of Congress last night, Obama dictated his plan for America, to be financed and “serviced” by productive Americans. Obama will take from individuals the wealth that they created and needed for their own plans....Let General Motors Go Bankrupt
Shifting the financial pain of business failure onto society at large is unjust.
The “Economic Stimulus” Myth
There’s no such thing as a “stimulus” to the economy. The closest you could get to that in reality would be a retrenchment of government controls and looting: de-regulation and spending cuts. But even those are not “stimuli” but a...A Fatal Trajectory
An increasing number of recent letters and e-mails from readers strike a note, not only of unhappiness with the way things are going in our society, but a note of despair. Those of us who are pessimists are only a step away from despair ourselves, so we may not be the...Economic Recovery Requires Capital Accumulation, Not Government “Stimulus Packages”
The blind rush into massive “stimulus packages” is the culmination of generations of economic ignorance transmitted from professor to student in the guise of advanced, revolutionary thinking—the “Keynesian revolution.”
