The View From 1776
Wednesday, December 31, 2008
Labor Unions’ Parasitical Greed
The UAW, in collusion with the Democrat/Socialists, plans to suck the remaining life blood from the tattered remains of Detroit’s Big Three. Taxpayers get the funeral bill.
Welfare-State Socialism • (7) Comments
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Tuesday, December 30, 2008
Taxing Consequences
High taxes are taxing to the social fabric and to the economy. New Jersey, whose governor Jon Corzine is a poster child for liberal-progressive-socialism, provides a cautionary example.
Welfare-State Socialism • (1) Comments
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Onward to 2012
Jim Baxter weighs in against Sarah Palin’s critics.
Tradition & Morality • (34) Comments
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Bernanke is Not the Gold Standard in Monetary Management
My thanks to rockingjude for the link to Bernanke’s Great Lie: The gold Standard and the Great Depression.
Economics • (0) Comments
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Hollywood’s Love Affair with Homicidal Tyranny
Hollywood is preparing new movies to burnish the images of Che Guevara and Fidel Castro, two of the most deplorable mass killers and tyrants in the history of Latin America.
It’s hardly news that Hollywood actors, directors, and producers display their anti-Americanism by extolling the supposed virtues of Castro’s Cuba and the purported heroic virtue of Che Guevara. What’s surprising is their evident readiness to put lots of money where their mouths are. Hollywood studios believe that there is a large market for anti-American and pro-socialist movies.
Perhaps Russian professor Igor Panarin is onto something.
Welfare-State Socialism • (6) Comments
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Sunday, December 28, 2008
Weather Paganism
Maggie’s Farm has an interesting update on the fatuity of faith in man-made global warming.
Thought Police & PC • (7) Comments
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A Liberal Glimpses the Truth, Albeit Dimly
New York Times columnist Bob Herbert denounces spending borrowed money, apparently unaware that he is stepping on the party line.
Economics • (5) Comments
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Saturday, December 27, 2008
Riposte to Helicopter Ben
Peter Schiff explains why There’s No Pain-Free Cure for Recession.
Quote:
Governments cannot create but merely redirect. When the government spends, the money has to come from somewhere. If the government doesn’t have a surplus, then it must come from taxes. If taxes don’t go up, then it must come from increased borrowing. If lenders won’t lend, then it must come from the printing press, which is where all these bailouts are headed. But each additional dollar printed diminishes the value those already in circulation. Something cannot be effortlessly created from nothing.
Similarly, any jobs or other economic activity created by public-sector expansion merely comes at the expense of jobs lost in the private sector. And if the government chooses to save inefficient jobs in select private industries, more efficient jobs will be lost in others. As more factors of production come under government control, the more inefficient our entire economy becomes. Inefficiency lowers productivity, stifles competitiveness and lowers living standards.
Economics • (11) Comments
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Cousin Teddy: Liberal-Progressive-Socialist
Too many conservatives today, with no understanding of his overall socio-political views, mistakenly assume that Franklin Roosevelt’s cousin Teddy Rosevelt was a conservative, because of his foreign policy guideline: speak softly and carry a big stick.
Welfare-State Socialism • (1) Comments
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Friday, December 26, 2008
Response to a Reader
One reader disliked Helicopter Ben Hovers.
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