Tag: United States government
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New York Times: 10 Weeks of Financial Turmoil
The New York Times has a nicely-done interactive timeline of the events since September 7, 2008, when the government took over Fannie Mae and Freddie Mac. It holds video and links to news stories. It’s more than a little unsettling to replay these events. Click here to see the bad news.
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Toward a Free America
As our country works its way through a period of turmoil, we must remember that there is another way than what those on the left and right propose. That way, the way of liberty, is the subject of For A New Liberty: The Libertarian Manifesto, by Murray N. Rothbard. (The book is available to read…
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The danger of auto industry nationalization
In consideration for a bailout, Congress and the incoming Obama administration insist that the auto industry present a plan for survival of their companies. That sounds reasonable — until you consider that the auto companies must already be operating on a plan, and that plan isn’t working. How can they be expected to come up…
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News Media Coverage of Presidential Campaign
ARRA News Service reports on a Zogby poll and links to a video that illustrate the poor job the national news media did covering the recent presidential campaign. The video is interesting although a little repetitive. The poll results are something else, though. Zogby found that 86.9% thought that Sarah Palin said that she could…
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End Taxpayer-Funded Competition Between the States
A Wichita Eagle story (Development speaker touts power of cash) reports on an economic incentive expert’s evaluation of our state’s effort. (It’s revealing to learn that an accounting firm has someone with the title “regional leader of credits and incentives,” whose duty, evidently, it is to help companies figure out which state’s incentives are most…
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What Part of Involuntary Servitude Don’t You Understand?
Community service: involuntary servitude dressed in polite language. Change … Obama Announces Creation Of His Marxist Youth Corps. See also Emanuel Discusses Compulsory Civilian Youth Force.
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United States Government Spending (dot com)
I recently discovered usgovernmentspending.com. It seems like a great place to get data not only for the federal government, but for the states, too.
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Bailouts National and Local
A post at the Wichita Eagle Editorial blog titled Either way, taxpayers will pay for failing GM illustrates how when government and business become highly intertwined, a self-sustaining behemoth is created that can’t be slain. We say an example of this locally this year in Wichita, when a taxpayer subsidy to a development turned out…
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Why Austrian Economics Matters More Than Ever
Here’s a talk recently delivered by Lew Rockwell, president of the Ludwig von Mises Institute. This organization remains the best place to learn about why our economy is in such trouble. The full speech can be read at Why Austrian Economics Matters More Than Ever. An excerpt: I report on this not so that we…