The Rise, Fall and Future of Conservatism–Videos

Posted on November 29, 2010. Filed under: Blogroll, Business, Communications, Economics, Fiscal Policy, Foreign Policy, government, government spending, history, Language, Law, liberty, Life, Links, Monetary Policy, People, Philosophy, Politics, Rants, Raves, Regulations, Resources, Reviews, Taxes, Video, Wisdom | Tags: , , , , , , , |

Brit Hume Part 1 – The Rise,Fall & Future Of Conservatism

 

Brit Hume Part 2 – The Rise,Fall & Future Of Conservatism

 

Brit Hume Part 3 – The Rise,Fall & Future Of Conservatism

 

Brit Hume Part 4 – The Rise,Fall & Future Of Conservatism

Brit Hume Part 1 – Week Two Rise,Fall And Future Of Conservatism 11/15/2010

Brit Hume Part 2- Week Two Rise,Fall And Future Of Conservatism 11/15/2010

Brit Hume Part 3 – Week Two Rise,Fall And Future Of Conservatism 11/15/2010

 

Brit Hume Part 4 – Week Two Rise,Fall And Future Of Conservatism 11/15/2010

Brit Hume Part 1 Episode 3 – Rise Fall And Future Of Conservatism

 

Brit Hume Part 2 Episode 3 – Rise Fall And Future Of Conservatism

 

Brit Hume Part 3 Episode 3 – Rise Fall And Future Of Conservatism

 

Brit Hume Part 4 Episode 3 – Rise Fall And Future Of Conservatism

Brit Hume Part 1 Episode 4 – Rise Fall And Future Of Conservatism

Brit Hume Part 2 Episode 4 – Rise Fall And Future Of Conservatism

 

Brit Hume Part 3 Episode 4 – Rise Fall And Future Of Conservatism

 

Brit Hume Part 4 Episode 4 – Rise Fall And Future Of Conservatism

 

Background Articles and Videos

Richard Viguerie on the Future of Conservatism

 

TAKE IT TO THE LIMITS: Milton Friedman on Libertarianism

 

Gary Becker — The Economist’s Economist

 

 

Forum on the Future of Conservatism in America, Part 1

 

Forum on the Future of Conservatism in America, Part 2

 

Forum on the Future of Conservatism in America, Part 3

 

 

Forum on the Future of Conservatism in America, Part 4

 

Forum on the Future of Conservatism in America, Part 5

 

Forum on the Future of Conservatism in America, Part 6

 

Forum on the Future of Conservatism in America, Part 7

 

Forum on the Future of Conservatism in America, Part 8

 

Forum on the Future of Conservatism in America, Part 9

 

Forum on the Future of Conservatism in America, Part 10

 

Forum on the Future of Conservatism in America, Part 11

 

Forum on the Future of Conservatism in America, Part 12

 

Forum on the Future of Conservatism in America, Part 13

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Ban Bailouts–Stop Inflation Now (SIN)–Stop Socialism of Losses!

Posted on November 10, 2008. Filed under: Blogroll, Economics, Energy, Immigration, Links, People, Politics, Quotations, Rants, Resources, Security, Strategy, Talk Radio, Taxes, Video, War | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.” 

~ Frederic Bastiat, The Law

 

President-Elect of United States of America Obama

President-Elect of United States of America Obama

 

Power of the Market – How to Cure Inflation 1

 

 

Power of the Market – How to Cure Inflation 2

 

Power of the Market – How to Cure Inflation 3

 

 

Inflation is the one form of taxation that can be imposed without legislation.

~Milton Friedman

No more bailouts.

Ban them all.

Enough is enough.

In a free enterprise economic system businesses go out of business every day.

New businesses are also started everday.

The management of the auto companies gave into union demands for higher wages, pensions and health care over many years resulting in cars that are no longer price competitive with auto companies that do not have unions.

On the Skids: Are U.S. Automakers Running Out of Time?

 

If the auto industry accepts a government bailout, I will never buy another American car again.

Either compete in the marketplace or go out of business–no bailouts.

Only if you are huge can you go to the Federal government hat in hand and ask for billions of dollars.

Your company may or may not get any money.

If you are a small to even large business, you will not get a dime and you will be lucky to even get a hearing.

Those companies that contribute to political campaigns whether Republican or Democrat due receive special consideration but no guaranntee of a bailout.

Now you know why Obama was getting all those bundled campaign contributions from Wall Street and the auto industry.

If you have a workforce with large unions, you will also get special consideration from the Democratic Party.

Looks like the economy is going into a period of stagflation or a repeat of the Carter years.

No more  bailout government intervention in the economy.

Hyperinflation is the final result of bailout after bailout.

A printing press inflation a la the German Weimar Republic inflation in 1922-1923 is now in the making.

When President Barack Obama calls for wage and price controls like Nixion and Carter you will know for sure that inflation has arrived and they are in panic mode.

The fact that wage and price controls always lead to higher inflation will not matter.

First, they institute the “Fairness Doctrine” to stop free speech on talk radio–to shut you up.

Second, they take your guns–to disarm you.

Third, they take your property–to make you poor and dependent on government.

Fourth, they call out their new national civilian police force if you protest or resist.

Fifth, they will force you to “serve” in one of their corps:

America Serves

“When you choose to serve — whether it’s your nation, your community or simply your neighborhood — you are connected to that fundamental American ideal that we want life, liberty and the pursuit of happiness not just for ourselves, but for all Americans. That’s why it’s called the American dream.”

The Obama Administration will call on Americans to serve in order to meet the nation’s challenges. President-Elect Obama will expand national service programs like AmeriCorps and Peace Corps and will create a new Classroom Corps to help teachers in underserved schools, as well as a new Health Corps, Clean Energy Corps, and Veterans Corps. Obama will call on citizens of all ages to serve America, by setting a goal that all middle school and high school students do 50 hours of community service a year and by developing a plan so that all college students who conduct 100 hours of community service receive a universal and fully refundable tax credit ensuring that the first $4,000 of their college education is completely free. Obama will encourage retiring Americans to serve by improving programs available for individuals over age 55, while at the same time promoting youth programs such as Youth Build and Head Start.

http://change.gov/americaserves/

Obama Poster

Obama Poster

 

Obama to “rule” as president

 

Htiler Youth

 

Triumph of the Will – Hitler Youth Rally 2

 

Seems like the revivial of the Hitler Youth corps in America together with the Sturmabteilung (the SA) or “brownshirts” as a new National Civilian Police force.

The similiarities are “creepy” as in the “creepy cult of personality.”

 

 Obama’s Cult of Personality

 

This is the road to socialism and serfdom.

Sounds like Nazis Germany in 1933.

This was one of the results of the fall of the Weimar Republic.

Chancellor Hitler was also an excellent speaker and very popular with the German people from 1933 to 1942.

Start connecting the dots people.

Obama is a radical socialist and is modeling his socialist movement and related organizations after Hitler’s National Socialism.

He is using the financial crisis as a cover for instituting radical change in America’s institutions.

The American elites are betraying the American people and believe they can control Obama.

Do not bet your life on it.

Many in Germany did and lost their lives.

Where is the adult supervision?

The inmates in Congress, the Whitehouse, and in the courts are running the asylum.

Lawrence G. Hrebiniak: The Mismanagement of America, Inc.

Inflation is another tax on the American people’s savings and investments.

All the Federal government needs to do is keep bailing out their political allies and have the Federal Reserve follow a low interest expansionary monetary policy.

Sooner rather latter inflation results.

The Rise of National Socialism in the United States of America?

Time for more SIN buttons–Stop Inflation Now.

 

 

 

 

 

 

sin1

 

‘Those who cannot remember the past, are condemned to repeat it.’

~George Santayana

 

Chancellor of Germany Hitler

 

 

Martial Law & Economic Disorder with Glenn Beck

 

 

Obama’s Homeland Security Police State

 

Obama’s Homeland Security Police State

 

Auto Industry Won’t Go Down

 

Wall Street “Socialism”, the new moral hazard

 

Ron Paul to Bernanke – Moral hazard of currency devaluation

 

THE NEWSHOUR WITH JIM LEHRER | Paul Solman’s Moral Hazard Pt. 1 | PBS

 

THE NEWSHOUR WITH JIM LEHRER | Paul Solman’s Moral Hazard Pt. 2 | PBS

 

LOL

Bird and Fortune – Financial Adviser

 

No More Bailouts!!!

Nationalizing Detroit

“…A bailout might avoid any near-term bankruptcy filing, but it won’t address Detroit’s fundamental problems of making cars that Americans won’t buy and labor contracts that are too rich and inflexible to make them competitive. As Paul Ingrassia notes nearby, Detroit’s costs are far too high for their market share. While GM has spent billions of dollars on labor buyouts in recent years, they are still forced by federal mileage standards to churn out small cars that make little or no profit at plants organized by the United Auto Workers.

Rest assured that the politicians don’t want to do a thing about those labor contracts or mileage standards. In their letter, Ms. Pelosi and Mr. Reid recommend such “taxpayer protections” as “limits on executive compensation and equity stakes” that would dilute shareholders. But they never mention the UAW contracts that have done so much to put Detroit on the road to ruin. In fact, the main point of any taxpayer rescue seems to be to postpone a day of reckoning on those contracts. That includes even the notorious UAW Jobs Bank that continues to pay workers not to work.

A Detroit bailout would also be unfair to other companies that make cars in the U.S. Yes, those are “foreign” companies in the narrow sense that they are headquartered overseas. But then so was Chrysler before Daimler sold most of the car maker to Cerberus, the private equity fund. Honda, Toyota and the rest employ about 113,000 American auto workers who make nearly four million cars a year in states like Alabama and Tennessee. Unlike Michigan, these states didn’t vote for Mr. Obama.

But the very success of this U.S. auto industry indicates that highly skilled American workers can profitably churn out cars without being organized by the UAW. A bailout for Chrysler would in essence be assisting rich Cerberus investors at the expense of middle-class nonunion auto workers. Is this the new “progressive” era we keep reading so much about?

The car makers say that bankruptcy is unthinkable and “not an option.” And bankruptcy would certainly be expensive, not least for Washington itself, which could be responsible for 600,000 or so retiree pensions through the Pension Benefit Guaranty Corp. In that sense, the bailout is intended to rescue the politicians from having to honor that earlier irresponsible guarantee. But at least that guarantee would be finite. If Uncle Sam buys into Detroit, $50 billion would only be the start of the outlays as taxpayers were obliged to protect their earlier investment in uncompetitive companies. …”

http://online.wsj.com/article/SB122628060458212379.html

Bailout Nation

“…Capitalism is a system of profit and loss. It works because each person and each company, in seeking its own interest, is led “as if by an invisible hand” to supply goods and services that others want. Companies that satisfy consumers prosper. Companies that can’t produce goods that consumers want–like Chrysler, repeatedly–suffer and sometimes go out of business. The failures are often painful. But as Dwight Lee and Richard McKenzie wrote in their book Failure and Progress (or at least in this column based on the book), “Economic failure is to the economy what physical pain is to the body. No one enjoys pain, but without it the body would lack the information needed to maintain its health.” Government subsidies to prevent business failure simply keep pouring money into businesses that are relatively unsuccessful at satisfying consumer desires. They are, among other things, censorship of vitally needed information. Employees, entrepreneurs, and investors need to know where their money and talent are most valuable. Profits and losses are key indicators of that.

When businesses make bad decisions, they should suffer economic losses. That’s how we keep the system honest and productive. Caroline Baum of Bloomberg points out that the bailout for subprime borrowers involved helping people to stay in homes that they couldn’t afford, in many cases because they misled lenders or connived with lenders who knew they could package and resell bad mortgages. When governments make bad decisions, they should not pour good money after bad. Instead, they should try to repeal burdensome regulations, privatize functions that ought to be private, and be willing to sell purchases they shouldn’t have made, even at a loss.

Plenty of people had warned about the problems of Fannie Mae and Freddie Mac. As Arnold Kling notes in a new Cato Briefing Paper, the current crisis ” may have been the most avoidable financial crisis in history.” Treasury Secretary Larry Summers was one of those Cassandras back in 1999. So was Lawrence J. White in a 2004 Cato Policy Analysis calling for privatization, or failing that, a clear removal of the federal guarantee for the two companies. Instead, Congress and successive administrations continued to push Fannie and Freddie to get bigger and to buy mortgages that were in clear jeopardy of default. And now, having created this crisis, the federal government proposes not to wind down the overextended companies but to take them over so they can get all the benefits of crack federal financial management. Kling proposes a better exit strategy. …”

http://www.cato-at-liberty.org/2008/09/08/bailout-nation/

 

Moral harzard

Moral hazard is the prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk. Moral hazard arises because an individual or institution does not bear the full consequences of its actions, and therefore has a tendency to act less carefully than it otherwise would, leaving another party to bear some responsibility for the consequences of those actions. For example, an individual with insurance against automobile theft may be less vigilant about locking his or her car, because the negative consequences of automobile theft are (partially) borne by the insurance company.

Moral hazard is related to information asymmetry, a situation in which one party in a transaction has more information than another. The party that is insulated from risk generally has more information about its actions and intentions than the party paying for the negative consequences of the risk. More broadly, moral hazard occurs when the party with more information about its actions or intentions has a tendency or incentive to behave inappropriately from the perspective of the party with less information.

A special case of moral hazard is called a principal-agent problem, where one party, called an agent, acts on behalf of another party, called the principal. The agent usually has more information about his or her actions or intentions than the principal does, because the principal usually cannot perfectly monitor the agent. The agent may have an incentive to act inappropriately (from the viewpoint of the principal) if the interests of the agent and the principal are not aligned. 

http://en.wikipedia.org/wiki/Moral_hazard

 

Inflation in the Weimar Republic

“In economics, hyperinflation is inflation that is “out of control”, a condition in which prices increase rapidly as a currency loses its value. Formal definitions vary from a cumulative inflation rate over three years approaching 100% to “inflation exceeding 50% a month.” In informal usage the term is often applied to much lower rates. As a rule of thumb, normal inflation is reported per year, but hyperinflation is often reported for much shorter intervals, often per month.

The definition used by most economists is “an inflationary cycle without any tendency toward equilibrium.” A vicious circle is created in which more and more inflation is created with each iteration of the cycle. Although there is a great deal of debate about the root causes of hyperinflation, it becomes visible when there is an unchecked increase in the money supply or drastic debasement of coinage, and is often associated with wars (or their aftermath), economic depressions, and political or social upheavals. …”

 

“…Although the inflation decreased with the introduction of the Rentenmark and the Weimar Republic continued for a decade afterwards, hyperinflation is widely believed to have contributed to the Nazi takeover of Germany. Adolf Hitler himself in his book, Mein Kampf, makes many references to the German debt and the negative consequences that brought about the “necessity” of National Socialism. The inflation also raised doubts about the competence of liberal institutions, especially amongst a middle class who had held cash savings and bonds. It also produced resentment of Germany’s bankers and speculators, many of them Jewish, whom the government and press blamed for the inflation.[5] …” 

http://en.wikipedia.org/wiki/Inflation_in_the_Weimar_Republic

 

Hyperinflation in Germany, 1914-1923

Daily Article by

“…The German inflation of 1914–1923 had an inconspicuous beginning, a creeping rate of one to two percent. On the first day of the war, the German Reichsbank, like the other central banks of the belligerent powers, suspended redeemability of its notes in order to prevent a run on its gold reserves.

Like all the other banks, it offered assistance to the central government in financing the war effort. Since taxes are always unpopular, the German government preferred to borrow the needed amounts of money rather than raise its taxes substantially. To this end it was readily assisted by the Reichsbank, which discounted most treasury obligations.

A growing percentage of government debt thus found its way into the vaults of the central bank and an equivalent amount of printing press money into people’s cash holdings. In short, the central bank was monetizing the growing government debt.

By the end of the war the amount of money in circulation had risen fourfold and prices some 140 percent. Yet the German mark had suffered no more than the British pound, was somewhat weaker than the American dollar but stronger than the French franc. Five years later, in December 1923, the Reichsbank had issued 496.5 quintillion marks, each of which had fallen to one-trillionth of its 1914 gold value.[1]  …”

http://mises.org/story/2347 

 

Adolf Hitler

“Adolf Hitler (20 April 1889 – 30 April 1945) was an Austrian-born politician who was elected to lead the National Socialist German Workers Party (Nationalsozialistische Deutsche Arbeiterpartei NSDAP), the Nazi Party. He was Chancellor of Germany (1933–1945) and Führer und Reichskanzler of Germany (1934–1945).

Hitler was a decorated veteran of World War I who led the Nazi Party in Weimar Germany. Following his imprisonment after a 1923 failed coup, he gained support by promoting nationalism, antisemitism and anti-communism with charismatic oratory and propaganda. The Nazis executed or assassinated many of their opponents, restructured the state economy, rearmed the armed forces and established a totalitarian and fascist dictatorship. Hitler pursued a foreign policy with the declared goal of seizing Lebensraum (“living space”). The German invasion of Poland in 1939 caused the British and French Empires to declare war on Germany, leading to the outbreak of World War II in Europe.[3]

The Axis powers occupied most of continental Europe and parts of Asia and Africa until defeated by the Allies. By 1945, Germany was in ruins. Hitler’s bid for territorial conquest and racial subjugation caused the deaths of 43 million people, including the systematic genocide of an estimated six million Jews as well as various additional “undesirable” populations in what is known as the Holocaust.

During the final days of the war in 1945, as Berlin was being invaded by the Red Army, Hitler married Eva Braun.[4] Less than 24 hours later, the two committed suicide in the Führerbunker. …”

Nazi Party Election Results
Date Votes Percentage Seats in Reichstag Background
May 1924 1,918,300 6.5 32 Hitler in prison
December 1924 907,300 3.0 14 Hitler is released from prison
May 1928 810,100 2.6 12  
September 1930 6,409,600 18.3 107 After the financial crisis
July 1932 13,745,800 37.4 230 After Hitler was candidate for presidency
November 1932 11,737,000 33.1 196  
March 1933 17,277,000 43.9 288 During Hitler’s term as Chancellor of Germany

“…Removal of remaining limits

With this combination of legislative and executive power, Hitler’s government further suppressed the remaining political opposition. The Communist Party of Germany and the Social Democratic Party (SPD) were banned, while all other political parties were forced to dissolve themselves. Finally, on 14 July, the Nazi Party was declared the only legal party in Germany. Labour unions were merged with employers’ federations into an organisation under Nazi control, and the traditional autonomy of German state governments was abolished.

Hitler also used the SA paramilitary to push Hugenberg into resigning, and proceeded to politically isolate Vice-Chancellor Papen. Because the SA’s demands for political and military power caused much anxiety among military leaders, Hitler used allegations of a plot by the SA leader Ernst Röhm to purge the SA’s leadership during the Night of the Long Knives. Opponents unconnected with the SA were also murdered, notably Gregor Strasser and former Chancellor Kurt von Schleicher.[48]

President Paul von Hindenburg died on 2 August 1934. Rather than holding new presidential elections, Hitler’s cabinet passed a law proclaiming the presidency dormant and transferred the role and powers of the head of state to Hitler as Führer und Reichskanzler (leader and chancellor). Thereby Hitler also became supreme commander of the military, whose officers then swore an oath not to the state or the constitution but to Hitler personally.[49] In a mid-August plebiscite, these acts found the approval of 84.6% of the electorate.[50] This action technically violated both the constitution and the Enabling Act. The constitution had been amended in 1932 to make the president of the High Court of Justice, not the chancellor, acting president until new elections could be held. The Enabling Act specifically barred Hitler from taking any action that tampered with the presidency. However, no one dared object. With this action, Hitler effectively removed the last remedy by which he could be dismissed from office—and with it, all checks and balances on his power.

In 1938, Hitler forced the resignation of his War Minister (formerly Defense Minister), Werner von Blomberg, after evidence surfaced that Blomberg’s new wife had a criminal past. Hitler replaced the Ministry of War with the Oberkommando der Wehrmacht (High Command of the Armed Forces, or OKW), headed by General Wilhelm Keitel. More importantly, Hitler announced he was assuming personal command of the armed forces. He took over Blomberg’s other old post, that of Commander-in-chief of the Armed Forces, for himself. He was already Supreme Commander by virtue of holding the powers of the president. The next day, the newspapers announced, “Strongest concentration of powers in Führer’s hands!” Many experts believe that it was at this point that Hitler became absolute dictator of Germany. It can, however, be argued that he became absolute dictator four years earlier with his assumption of the president’s powers. …” 

http://en.wikipedia.org/wiki/Adolf_Hitler 

 

Hitler Youth

 

“…The Hitler Youth (German: Hitler-Jugend  , abbreviated HJ) was a paramilitary organization of the Nazi Party. It existed from 1922 to 1945. The HJ was the second oldest paramilitary Nazi group, founded one year after its adult counterpart, the Sturmabteilung (the SA). …”

“…The HJ was organized into corps under adult leaders, and the general membership comprised boys aged fourteen to eighteen. From 1936, membership of the HJ was compulsory for all young German men. The HJ was also seen as an important stepping stone to future membership of the elite Schutzstaffel (the SS). Members of the HJ were particularly proud to be bestowed with the single Sig Rune (victory symbol) by the SS. The SS utilized two Sig Runes as their mark, and this gesture served to symbolically link the two groups.

The HJ was organized into local cells on a community level. Such cells had weekly meetings at which various Nazi doctrines were taught by adult HJ leaders. Regional leaders typically organized rallies and field exercises in which several dozen Hitler Youth cells would participate. The largest HJ gathering usually took place annually, at Nuremberg, where members from all over Germany would converge for the annual Nazi Party rally.

The HJ maintained training academies comparable to preparatory schools. They were designed to nurture future Nazi Party leaders, and only the most radical and devoted HJ members could expect to attend.

The HJ also maintained several corps designed to develop future officers for the Wehrmacht. The corps offered specialist pre-training for each of the specific arms for which the HJ member was ultimately destined. The Marine Hitler Youth, for example, was the largest such corps and served as a water rescue auxiliary to the Kriegsmarine[citations needed].

Another branch of the HJ was the Deutsche Arbeiter Jugend – HJ (German Worker Youth – HY). This organization within the Hitler Youth was a training ground for future labor leaders and technicians. Its symbol was a rising sun with a swastika.

The Hitler Youth regularly issued the Wille und Macht (Will and Power) monthly magazine. This publication was also its official organ and its editor was Baldur von Schirach.[3] Other publications included Die Kameradshaft (Comradeship), which had a girl’s version for the BDM called Mädelschaft, and a yearbook called Jungen eure Welt (Youth your World).[4] …”

Hitler Youth Poster

Hitler Youth Poster

 

http://en.wikipedia.org/wiki/Hitler_Youth 

 

CHANGING OF THE GUARD
Web faux pas: Plan leaked for ‘civilian security force’?
Before blogs caught it, Obama site told of requiring students to serve

“…The official website of President-Elect Barack Obama , Change.gov, originally announced that Obama would “require” all middle school through college students to participate in community service programs; but after a flurry of blogs protested children being drafted into Obama’s proposed youth corps, the website’s wording was softened.

 

 

Originally, under the tab “America Serves” Change.gov read, “President-Elect Obama will expand national service programs like AmeriCorps and Peace Corps and will create a new Classroom Corps to help teachers in under served schools, as well as a new Health Corps, Clean Energy Corps, and Veterans Corps.

“Obama will call on citizens of all ages to serve America, by developing a plan to require 50 hours of community service in middle school and high school and 100 hours of community service in college every year,” the site announced.

The language of requiring students to serve and the creation of a “Classroom Corps” sparked a surge of criticism from bloggers for bringing back memories of the much-publicized video of marching Obama youth and Obama’s “civilian national security force,” which the candidate said in July would be just as powerful and well-funded as the U.S. military. …”

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=80539

 

Overlord Obama is ready to “rule;” arrives at his palace

By Michelle Malkin  

obama_vadar

 

Other presidents have stepped up to “lead,” “serve,” and “govern.”

Not Barack Obama. He is ready to “begin to rule on Day One,” sayeth Obama minion Valerie Jarrett. …”

http://michellemalkin.com/2008/11/10/overlord-obama-is-ready-to-rule/

 

AIG uses my money to tell me how taking more of my money is good for me

By Michelle Malkin  

“…In the dark of night last night, the Bush administration and AIG hammered out a plan to confiscate more of my money and yours For The Good Of The Economy. The first $85 billion didn’t work. The next $38 billion work. So let’s throw more bad money after bad! Who needs Obama? Like I’ve said repeatedly over the last year, statism and socialism are here and now. Via WSJ:  

 http://michellemalkin.com/2008/11/10/aig-uses-my-money-to-tell-me-how-taking-more-of-my-money-is-good-for-me/

Bailout Politics
The Congressional Dems who enabled this crisis are now being trusted to fix it?By Thomas Sowell

“…Fannie Mae and Freddie Mac do not deserve to be bailed out, but neither do workers, families and businesses deserve to be put through the economic wringer by a collapse of credit markets, such as occurred during the Great Depression of the 1930s.

Neither do the voters deserve to be deceived on the eve of an election by the notion that this is a failure of free markets that should be replaced by political micro-managing.

If Fannie Mae and Freddie Mac were free market institutions they could not have gotten away with their risky financial practices because no one would have bought their securities without the implicit assumption that the politicians would bail them out.

It would be better if no such government-supported enterprises had been created in the first place and mortgages were in fact left to the free market. This bailout creates the expectation of future bailouts.

 

Phasing out Fannie Mae and Freddie Mac would make much more sense than letting politicians play politics with them again, with the risk and expense being again loaded onto the taxpayers. …” 

http://article.nationalreview.com/?q=OWE3OWU3OTExYzNlNTUzMzY2YmJmOWZjMzcwN2M1NjU=

 

Did the Obama Campaign Promise Media Companies Bailout Money For Positive Press?

“…The NYT’s debt has been downgraded to junk bond status.The Tribune Company has debt financing troubles. If banks,insurance companies,and car companies can loot the taxpayers because they’d paid off the right politicians: why shouldn’t we expect the media companies to do the same? The overt bias of the media,this campaign cycle,seems much more than liberal reporters air brushing Obama’s past.Has the Obama campaign promised the media companies taxpayer dollars for good coverage? Just in case you think what I written here is crackpot musings,GE the parent company of NBC,MSNBC,and CNBC is getting bailout money.A free press is only possible with the free market in goods and services which implies a healthy respect for property rights.Companies that take bailout money aren’t concerned with free speech or property rights.Something to think about as freedom gets extinguished.Just how independent can a news organization be when they are on the pad of the federal government? …”

http://nalert.blogspot.com/2008/10/did-obama-campaign-promise-media.html

 

Winners and Sinners

“…When President Ford began sporting his lapel button proclaiming WIN (for Whip Inflation Now), a Miami entrepreneur named Marvin D. Baida was quick to see the possibilities. But when he tried to peddle WIN pins for a quarter each, there were few takers. Then Baida had an inspiration: he started selling a 25¢ button that declared SIN (for Stop Inflation Now). The public took to SIN instantly: 60,000 pins have been ordered, and Baida has branched out into T shirts and bumper stickers (HONK IF YOU WANT TO SIN). …”

http://www.time.com/time/magazine/article/0,9171,945281,00.html?iid=digg_share

 

The Neglected Home Front

From Foreign Affairs

“…The Federal Reserve describes itself as a system that is “independent within the government.” This means it must work within the overall objectives established by Congress, but its decisions do not have to be ratified by the president or anyone else in the executive branch. This level of independence is justified as both a check on executive power and as a way to manage the risk that decisions directly affecting the operation of the marketplace might become dangerously politicized. The case for a similar approach to homeland security is compelling. In both instances, the goal is to better align commercial interests with public interests.

The overall thrust of this proposed FSRS is to create a participatory system that does not unrealistically rely on the activities of federal agencies. By using the Federal Reserve as a template for enlisting expertise beyond Washington, the United States can achieve a middle ground between placing the fate of critical networks entirely in the hands of overworked federal authorities and relying on a laissez-faire approach that provides no protection.

This, admittedly, is an ambitious proposal. But now is not a time for timidity. Nor is it a time for persisting with an outmoded national security framework, designed for a different enemy in a century gone by. Americans must demand that their government put in place the kind of structure that widens the breadth and quality of civic participation in making the United States safe. And the entire nation, not just the national security establishment, must be organized for the long, deadly struggle against terrorism.”

http://www.foreignaffairs.org/20040901faessay83504-p40/stephen-e-flynn/the-neglected-home-front.html

 

Stephen E. Flynn

Stephen E. Flynn is the Jeane J. Kirkpatrick Senior Fellow in National Security Studies at the Council on Foreign Relations.

Flynn is a retired U.S. Coast Guard commander and foremost expert on homeland security and border control, director of the Council’s Hart-Rudman Task Force on Homeland Security. Flynn’s expertise is in homeland security, transportation security, border control; international crime and the drug trade.

“Dr. Flynn serves as the principal adviser to the bipartisan congressional Port Security Caucus. In his position at the Council on Foreign Relations, Dr. Flynn directs a project on terror and the unprotected homeland. He served as director of the Office of Global Issues, National Security Council, … and the White House Office of Emergency Operations. …Earlier, he served as guest scholar and project co-director of the Foreign Policy Studies Program at the Brookings Institution and as adjunct fellow and project director of the Political-Military Program and the Americas Program at the Center for Strategic and International Studies[1]  …”

http://www.sourcewatch.org/index.php?title=Stephen_E._Flynn

 

Stephen E. Flynn

Ira A. Lipman Senior Fellow for Counterterrorism and National Security Studies

Stephen E. Flynn

Stephen E. Flynn

 

 

 

 

 

 

 

“…Author of The Edge of Disaster: Rebuilding a Resilient Nation (2007) and America the Vulnerable (2004). Former adviser on homeland security for the U.S. Commission on National Security (Hart-Rudman Commission) and retired Coast Guard officer. Researches and writes on issues related to homeland security.

Expertise:

Catastrophic terrorism; emergency preparedness; critical infrastructure protection;trade and transportation security; and border control modernization. …”

http://www.cfr.org/bios/3301/stephen_e_flynn.html

 

This is how liberty dies

 

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