The View From 1776

A Pox On Both Houses

2010-07-30 15:52:00 EST

Both Republicans and Democrat/Socialists have failed to address the necessity for reforming our tax system and making it as permanent and stable as possible.

Mexico: A Subsidiary In Obama's Chicago Corruption Machine

2010-07-30 15:06:00 EST

Mexico’s outrage about Arizona’s efforts to enforce United States immigration law, calling it racial discrimination, is rank hypocrisy.

Hayek vs. Krugman Re Keynes's "Liquidity Trap"

2010-07-30 00:15:00 EST

Krugman is still riding a dead horse from Franklin Roosevelt’s disastrous New Deal.

Cause And Effect

2010-07-29 23:09:00 EST

We now have definitive proof in the economy’s anemic drift that Obama’s Keynesian economic counsellors’ buoyant predictions of quick unemployment relief and rejuvenation of business activity were miles wide of the mark. In fact, Keynesian remedies have exacerbated our economic problem.

See Jennifer Depaul’s article on the Fiscal Times website.

Most Americans Want To Cut The Federal Deficit

2010-07-29 22:52:00 EST

The Obama administration talks about it, but does the opposite.

Democrat/Socialist Party's Pact With The Devil

2010-07-29 00:16:00 EST

Democrat/Socialists, while professing to care about the general welfare, remain firmly wedded to the evils of illegal immigration and tort bar extortions.

Spending vs. Consumption

2010-07-28 20:18:00 EST

Spending is for purely political purposes mandated by collectivized government. Consumption is purposeful activity arising from free choices by individuals and businesses.

Obama's Libyan Lies

2010-07-28 19:48:00 EST

Contrary to Obama’s recent statement, his administration urged Scottish officials to release the Lockerbie bomber, a Muslim to whose faith Obama appears to be partial.

The Daily Socialist - 7/20/10

2010-07-26 23:21:00 EST

Is there a case for Keynes’s “liquidity trap?"

Keynes believed, and apparently Paul Krugman agrees, that failure of individuals and businesses to spend all their cash during a recession is bad, that government must intervene with large-scale deficit spending. Individuals’ and private businesses’ failure to spend is what Keynes damned as saving. Oddly, he also identified government deficit spending as savings, or what Democrat/Socialists call investment.

To Save The Economy Obama's Administration Plans First To Destroy It

2010-07-26 22:48:00 EST

Treasury Secretary Geithner, who has reportedly never held a job in the private business sector, confidently espouses Paul Krugman’s hypothesis that higher taxes will impel economic recovery.