Archive for the ‘Economics’ Category

Oh Lord, it’s hard to be humble…

October 22, 2008

Government regulation, not free-market greed, caused this crisis

As the song goes, it’s hard to be humble sometimes, at least when you post about political economic realities. Below is vindication of my earlier ststed position about the current financial crisis.

Many observers, including most politicians, have blamed the ongoing financial crisis on the “free-market greed” supposedly unleashed by the “reckless deregulation” of the financial system. Such arguments are rhetorically powerful, but they don’t stand up to scrutiny.

If they go unchallenged, however, they could hasten a “solution” that’s worse than the problem. That’s why it’s so important to examine the record. What it shows is that government regulations and other interventions – not greed – are the major cause of our current problems.

Greed, or at least self-interest, is always present to some degree in the economy. Why has greed suddenly produced so much harm, and why only in one sector of the economy?

Firms are profit seekers, but they will seek it where the institutional incentives signal profit is available. In a free market, firms profit by satisfying their customers, investing wisely, and making prudent loans. Regulations, policies, and political rhetoric can change those incentives.

When the law either poorly defines the rules of the game or tries to override them through regulation, the invisible hand that makes self-interested behavior mutually beneficial may become more of a fist.

In such cases, “greed” can lead to problems, not caused by greed but by the institutional context channeling self-interest in socially unproductive ways.

To call the housing and credit crisis a failure of the free market or the product of unregulated greed is to overlook the myriad government regulations, policies, and political pronouncements that have both reduced the freedom of this market and led self-interested actors to produce disastrous consequences, often unintentionally.

Full Story Here

‘Smears’ About Obama Largely True

October 22, 2008

SOURCE:

Hat tip to Bear for finding this. It is nice to know that other people can come up with the same things that I have been posting about independently.

By: Lowell Ponte

The Obama campaign says its candidate is a victim of “smears” — and has even created a Web site to fight such attacks.

But a Newsmax investigation finds many of the so-called smears are largely based in truth — and the Obama campaign uses half-truths, clever language, and ad hominem attacks to spin the facts.

Obama’s http://www.FightTheSmears.com focuses mainly on anti-Obama messages being repeated on the Internet and talk radio, the only media where Obama’s ideological allies are not dominant.

These “smears” and the Obama rebuttals are often framed in lawyerly language that leaves much wiggle room in the candidate’s answers.

FightTheSmears.com also makes no attempt at objectivity, describing Obama’s critics as “pushing misleading research and distorted claims” because they are “ideologues” busy “spreading a ‘pack of lies’ about Barack.”

In a section of the site titled, “Who’s Behind the Smears?” visitors can see a chart naming seven groups and six individuals with lines that suggest multiple, sinister connections between them.

In a section of the site titled, “Who’s Behind the Smears?” visitors can see a chart naming seven groups and six individuals with lines that suggest multiple, sinister connections between them.

The people and groups named are real and are members of Washington’s small but conservative sphere of power and influence. The Obama conspiracy chart links all of these conservative individuals and groups back to the critics who dogged the “Clinton 1992 Campaign.”

This may come as something as a surprise to Hillary Clinton, as many of the “smears” against Obama first surfaced during her heated primary contest with him.

Newsmax reviewed 10 random claims and related rebuttals posted on Obama’s ever-changing FightTheSmears.com to gauge their veracity. Here’s what we found:

Claim No. 1: Obama’s campaign is funded by the rich, big corporations and foreigners.

“Barack Obama was the only major presidential candidate this year to completely reject contributions from The Washington lobbyists and special interest PACs that have dominated our politics for years,” the Obama site says of the persistent online criticisms of its fundraising.

“Instead, this campaign has been owned by the more than 3.1 million everyday Americans who have donated in small amounts.”

Not so, according to campaign finance records. Nearly half of the $600 million raised by Obama to date has come from wealthy donors and special interests. Obama’s allies months ago dropped their ad linking Republican rival “Exxon John” McCain to Big Oil after it came to light that Obama had taken far more money from Exxon-Mobil than McCain.

“The Obama campaign has complied fully with federal election law,” claims the Obama site, “including donor eligibility and contribution disclosure requirements.”

However, one giant loophole the politicians wrote into the law allows contributions in amounts of $200 or less with no donor identification. Obama claims that $300 million in campaign funds was given by these small donors, and he won’t release their names and addresses.

McCain has released his whole donor database, including those who have contributed less than $200.

Critics argue that the other half of Obama’s campaign haul — the part not raised from big corporate donors and special interests — came in a small flood of anonymous donations that might be foreign or corrupt, or both.

Claim No. 2: Obama has had a close, ongoing relationship with domestic terrorist Bill Ayers.

The Obama site acknowledges that its candidate and Ayers ”served on the board of an education-reform organization in the mid-1990s,” but maintains most stories about the links between Obama and Ayers are phony or exaggerated.

It does not mention that Obama and Ayers worked together on the board distributing millions of dollars with the aim of radicalizing Chicago schoolchildren.

Nor does the site acknowledge that Obama kicked off his first political campaign in the living room of Ayers, the former Weather Underground leader. (Obama is currently saying it was not the first event. There is no dispute that one of Obama’s first political events in his first run for public office was held in Ayers’ home.)

There is also no dispute the Weather Underground bombed the Pentagon the Capitol, the home of a New York Supreme Court justice, and a police station, among other targets. FBI agent Larry Grathwohl, who infiltrated the group, has recounted Ayers teaching him how to make bombs and saying, “In the revolution, some innocent people need to die.”

“Smear groups and now a desperate McCain campaign are trying to connect Barack to William Ayers using age-old guilt by association techniques . . .” says the Obama Web site.

Actually, McCain and Obama critics are questioning why Obama would continue to associate with a man who, as recently as 2001, said he did not do enough and wished he had bombed more.

Conservatives also note that if Ayers had bombed abortion clinics, the liberal media would brand him a pariah forever. What does it tell us about the liberal media’s and Obama’s judgment and values that they see nothing wrong with embracing unrepentant terrorist Ayers today?

Claim No. 3: Obama takes advice from executives of troubled mortgage backer Fannie Mae.

“John McCain started smearing Obama about non-existent ties to Fannie Mae in some of his deceptive attack ads,” says FightTheSmears.com. The site downplays connections between Obama and two former heads of the giant mortgage-backing institution — James A. Johnson and Franklin D. Raines — whose corruption played a key role in the current financial crisis.

But an editorial in the Aug. 27, 2008, Washington Post described Johnson and Raines, as “members of Mr. Obama’s political circle.”

Raines advised the Obama campaign on housing matters. Obama chose Johnson to select his vice presidential running mate. But because neither are advising Obama today, this Web site’s present-tense claim that he “doesn’t [not didn’t] take advice from Fannie Mae execs” is technically, if deceptively, true.

Johnson also reportedly helped raise as much as $500,000 for Obama’s campaign.

And despite Obama’s lack of seniority in the U.S. Senate, he pocketed more than $105,000 in political contributions, the third-highest amount given to any lawmaker, directly from Fannie Mae and Freddie Mac. Obama’s Web site leaves all this unmentioned.

Claim No. 4: Obama has close ties with the Association of Community Organizations for Reform Now (ACORN), a group suspected of massive voter registration fraud.

Obama’s site says the candidate was never an ACORN employee and that ACORN “was not part of Project Vote, the successful voter registration drive [Obama] ran in 1992.”

In defending Obama, the site resorts to smearing former Ohio Secretary of State Ken Blackwell — calling him a “discredited Republican voter-suppression guru” — for daring to fight the vote fraud so often associated with operatives of ACORN, among the largest radical groups in the United States.

As Newsmax has documented in [“Clever Obama Tries To Bury ACORN Past,”] Obama’s Web site is attempting to deceive when it says Obama was never “hired” to work as a trainer for ACORN’s leaders. In fact, he did the work for free from at least 1993 until 2003.

ACORN spokesman Lewis Goldberg acknowledges in the Oct. 11, 2008, New York Times that Obama trained ACORN leaders. And Obama worked as a lawyer for ACORN.

As to heading up Project Vote in Illinois, Obama said during a speech to ACORN leaders last November, “[When] I ran the Project Vote voter registration drive in Illinois, ACORN was smack-dab in the middle of it.”

Veteran journalist Karen Tumulty described Project Vote in the Oct. 18, 2004, issue of Time magazine as “a nonpartisan arm of the Association of Community Organizations for Reform Now” after interviewing its national director.

The co-founder of ACORN, former Students for a Democratic Society official Wade Rathke, described Project Vote as one of ACORN’s “family of organizations.”

Over the years, ACORN and its front groups, like the one Obama ran in Illinois, have registered more than 4 million voters. When authorities in Virginia checked ACORN registrations, it found that 83 percent were fraudulent or had problems. This, in theory, could mean ACORN may have created the opportunity for stealing more than 3.3 million votes in this November’s election, a margin far wider than that by which Obama is likely to win.

Claim No. 5: Obama has shown only wavering support for individual gun-ownership rights.

“During Barack’s career in the Illinois and United States Senates, he proudly stood to defend the rights of hunters and sportsmen,” says Obama’s Web site, “while doing everything he could to protect children — including his own two daughters — from illegal gun violence.”

But the National Rifle Association, it continues, “is distributing a dishonest and cowardly flyer that makes confrontational accusations and runs away from verifying them.”

Actually, the NRA does a meticulous job of laying out documentation, as Newsmax reported in September [“NRA to Fight Obama Over Gun Rights Flip-Flops,”] to show that Obama has supported handgun confiscation; the handgun ban in Washington, D.C.; a virtual ban on high-powered rifle ammunition; and many other draconian restrictions on Second Amendment rights.

If elected, wrote the NRA, Obama “would be the most anti-gun president in American history.”

Claim No. 6: A fervent supporter of abortion rights, Obama supports late-term and partial-birth abortions.

The Obama Web site dismisses such criticism as the work of “radical anti-abortion ideologues running ads against Barack.”

But as an Illinois state senator, Obama voted repeatedly against legislation to protect infants who, during a late-term abortion, were “born alive.” Such protection, he has argued, already exists in Illinois; it does, but is subject to the abortionist’s decision whether such an infant has a good likelihood of survival.

Nurses have reported instances in which surviving aborted babies were left by abortionists to die without water, food, or warmth.

Obama’s Web site notes that even the Republican author of one of these bills, former state Sen. Rick Winkel, has written that “none of those who voted against [his bill] favored infanticide.”

True, but Obama’s site does not quote the rest of Winkel’s statement: “[T]heir zeal for pro-choice dogma was clearly the overriding force behind their negative votes rather than concern that my bill would protect babies who are born alive.”

Obama has a 100 percent pro-choice voting record according to NARAL Pro-Choice America; his rating from the National Right to Life Committee is zero.

How extreme is Obama on this issue? In the U.S. Senate, he has voted against bills that would prohibit minors from crossing state lines for abortion without parental notification.

“Look, I got two daughters — 9 years old and 6 years old,” Obama has said. “I am going to teach them first about values and morals, but if they make a mistake, I don’t want them punished with a baby.”

Claim No. 7: Obama showed little interest or support for American combat troops during his overseas visits.

Doubts about Obama’s true support for the military cropped up during a campaign trip to Iraq, Afghanistan, and Europe.

A widely circulated e-mail, penned by Army Capt. Jeffrey S. Porter, described Obama’s visit to Bagram Air Base in Afghanistan: “As the Soldiers lined up to shake his hand, he blew them off . . . He again shunned the opportunity to talk to soldiers to thank them for their service . . . I swear we got more thanks from the NBA basketball players or the Dallas Cowboy Cheerleaders than from [Obama].”

Porter later recanted, sending a follow-up e-mail that said, in part: “After checking my sources, information that was put out in my e-mail was wrong.” He did not specify which information was wrong, leading Obama skeptics to suspect that this officer has been disciplined by his superiors.

Heading home, Obama touched down in Germany, where he “was scheduled to visit the American hospitals at Ramstein and Landstuhl.” But as The Washington Post reported, Obama “canceled the trips after being told by Pentagon officials that he could only visit in his official capacity as a senator, not as a candidate” and could not have his visits with hospitalized soldiers videotaped by the media.

Prominent liberal mainstream media reporters such as NBC’s Andrea Mitchell rushed to defend Obama, saying that the press had never planned to cover his visits to military sickbeds. But Obama canceled both visits and used his free time instead to shoot hoops, with the media recording his best shots.

Claim No. 8: Barack Obama is a Muslim.

FightTheSmears.com states bluntly that Obama is a Christian, not a follower of Islam.

In fact, Barack Hussein Obama’s Kenyan father was raised Muslim, though he reportedly was not religious.

His mother divorced and remarried another man, a Muslim from Indonesia. As a youngster in Indonesia, Barack Obama attended two schools and was registered at both as a Muslim. He received religious instruction in both schools as a Muslim, including studying the Quran. According to a childhood friend, Obama occasionally attended services at a local mosque.

Obama’s Muslim upbringing has been detailed in a 2007 Los Angeles Times report (reprinted in The Baltimore Sun) headlined “Islam an Unknown Factor in Obama Bid.” Middle East expert Daniel Pipes has studied the question of Obama’s Muslim faith and says he is “lying” when he says he was never a Muslim.

It’s important to note that Obama’s Web site does not say he was never a Muslim. But in the past, Obama’s site and FightTheSmears.com did make the claim Obama was never a Muslim. Since that claim is obviously false, it is no longer used.

Obama says he became a Christian in his late 20s. He now describes himself as Christian. Until recently, he spent two decades as a member of a Chicago United Church of Christ congregation that embraces Black Liberation theology. Somewhat like the Roman Catholic liberation theology of Latin America, the Chicago UCC church preaches elements of neo-Marxist class warfare. It combines these radical socialist elements with black racialism.

Claim No. 9: As president, Obama would raise taxes dramatically for most Americans.

Millions of Americans recognize that Obama is likely to raise taxes. But like a good conjurer, who tricks you into watching his right hand while doing things with his left, the Obama Web site assures readers with a red herring.

The Illinois senator will not tax your water, as claimed in some fringe e-mails, FightTheSmears.com maintains.

What Obama will do, however, is tax businesses and capital gains more heavily, even though America already has the world’s second-highest business taxes.

“Now our opponents tell you not to worry about their tax increases” said former Tennessee Sen. Fred Thompson at the 2008 Republican National Convention. “They tell you they are not going to tax your family. No, they’re just going to tax businesses! So unless you buy something from a business, like groceries or clothes or gasoline . . . or unless you get a paycheck from a big or a small business, don’t worry. It’s not going to affect you.”

During his campaign, Obama has promised to raise various taxes that will fall on most economic classes, including the dividend tax, the FICA tax cap, the capital gains tax, the estate tax, and new taxes on gasoline.

He also called for the Bush tax cuts to expire in 2010, which will automatically raise taxes on most Americans. By letting the Bush cuts expire, Obama would produce a $2 trillion tax increase that some economists predict will rumble through the already weakened economy like an earthquake.

Claim No. 10: Obama was born outside the United States and is ineligible for the presidency.

The Obama Web site dismisses the claim that the candidate was born anywhere but in the United States as “completely false” and “groundless.”

As proof, the Obama’s campaign has produced a “certificate of live birth” from Hawaii indicating that Barack Hussein Obama II was born Aug. 4, 1961. Critics, however say the document could have easily been forged and is not a substitute for a certified birth certificate.

No reporter has been allowed to see the original certificate of live birth or its certificate number, which is blacked out on copies of it on the Obama site.

Skeptics note that Obama’s “Father’s Race” is identified on this document as “African,” a geographic and modern politically correct term rather than a 1961 racial designation. The standard term used on American birth certificates until the U.S. Census changed it in 1980 would have been “Negro.”

Former deputy attorney general of Pennsylvania, Philip J. Berg, a Democrat with mixed credibility (he has supported conspiracy theories involving 9/11), has filed a lawsuit to force Obama to produce a certified copy of his birth certificate. According to Berg, Obama’s paternal grandmother has said she was present at his birth in Kenya, after which his mother promptly returned with her baby to the United States.

If that is true, Obama could be constitutionally ineligible to be president.

If these things are not true and correct, then why does he need “wiggle” room?

Elbow sweat

October 20, 2008

Politics, like everything else in life take time and work if you are going to do them correctly. My good friend and fellow Blogger Texas Fred has launched an exploratory website. Please take the time to visit there, and leave comments.

Yes, I am well aware of the political shenanigans being waged against Sarah Palin. Here is my take on it, and yes I will be blunt:

That idiot needed to be fired, if not prosecuted criminally. Whether there were also personal problems is of no consequence. Alaska is a right to work state; in other words you cannot be forced to work where you don’t want to work, it’s that pesky thirteenth amendment having to do with slavery. It also works the other way around though; you cannot force an employer to have you work for them when they don’t want you there. Especially when there are damned good reasons for that. So, enough of taking pot shots at a decent woman that has accomplished much in her life.

Attention Colorado Hunters

October 20, 2008

Attention Colorado Hunters!!!! Public Comments Requested for Draft Environmental Impact Statement for White River National Forest in Colorado: The U.S. Forest Service is conducting the Draft Environmental Impact Statement (EIS) for the Travel Management Plan (TMP) for the White River National Forest in Colorado. This process will specify the extent to which existing roads are closed to vehicular access and will impact thousands of hunters who pursue game every year in Colorado.

Notable quotations to think about

October 20, 2008

Just a few notable quotations to think about during these oh so stressful election times…

“Underlying most arguments against the free market is a lack of belief in freedom itself.” —Milton Friedman

“Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others.” —Ayn Rand

“Government cannot make man richer, but it can make him poorer.” —Ludwig von Mises

“The state is the great fiction by which everybody seeks to live at the expense of everybody else.” —Frederic Bastiat

“We must not let our rulers load us with perpetual debt.” —Thomas Jefferson

“How odd that all those boring lessons from our grandparents turn out to be true in the globalized, hip 21st century: Save your money. Don’t borrow what you can’t pay back. Look first at a man’s character, not his degrees. And if a promised return on an investment seems too good to be true, it probably is.” —Victor Davis Hanson

Socialists, on the short road to Communism…

October 17, 2008

There’s a new bank bailout today. The government is taking a $250 billion ownership stake in a bunch of failing banks, which is great news, because at long last, banking will be as efficient as going to the DMV. And there’s a debate going on right now about the whole thing. Financial analysts are saying, what does this mean for the country? On one hand, some experts say that buying up private companies makes us socialists, but others say it makes us communists, and it’s hard to decide.

Jimmy Kimmel, Jimmy Kimmel Live!

I vote for Socialists, on the short road to Communism

Presidential Character‏

October 17, 2008

“The public cannot be too curious concerning the characters of public men.” —Samuel Adams

In his Inaugural Address on 20 January, 1961, President John F. Kennedy closed his remarks with these famous words: “And so, my fellow Americans, ask not what your country can do for you; ask what you can do for your country.”

With those words, JFK, considered by many to be the most exemplary leader of the Democrat Party in the 20th Century, asked Americans to put country first, a bedrock principle of the Party until the last few decades.

However today, the current slate of Democrats have turned Jack Kennedy’s national challenge on end, essentially proclaiming, “ask what your country can do for you, not what you can do for your country.”

In 1963, Martin Luther King stood on the steps of the Lincoln Memorial and said for all to hear, “I have a dream that my four children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character.”

Has his dream been realized, or have Democrat leaders divided us up into constituency groups, where we are judged by all manner of ethnicity and special interests rather than the individual and national character King envisioned?

Kennedy and King had it right, but the Democrat Party has squandered their great legacy, and betrayed us, moreover enslaving many Americans as dependant wards of the state.

This is not the Democrat Party envisioned by Franklin Delano Roosevelt or Harry Truman, much less its founder, Thomas Jefferson, who would not recognize even the most vestigial elements of his once-noble Party. (This dramatic transition is evident in the Democrat Party Platforms from Kennedy to Obama.)

When asked why he left the Democrat Party, perhaps the most famous of former Democrats said, “I did not leave the Democratic Party, the Democratic Party left me.” That was Ronald Reagan, who earned the respect and support of an enormous number of Democrats during his presidency. His observation, “the Party left me,” has never been more true than today.

For several months, we have heard and observed two presidential candidates, centrist Republican John McCain and liberal Democrat Barack Obama. It should by now, be obvious to all of us who put our country first, which of these candidates possess the high qualities of a statesman, and the prerequisite moral and civic virtues for an American president.

Unfortunately, too many of my fellow Americans have difficulty distinguishing these qualities.

Every four years, at the peak of presidential election cycles, we’re told by the talkingheads and the party hacks that “this election is the most important in our lifetimes.” This time, however, they may be right. These are indeed perilous times.

Our nation is facing crises on several critical fronts, including an historic economic disaster, the resolution of which will require the steady hand of a statesman in possession of outstanding character — character that has been honed over his lifetime, character that is proven consistent with our nation’s legacy of liberty and equality.

That reformed Democrat, Ronald Reagan, wrote, “The character that takes command in moments of crucial choices has already been determined by a thousand other choices made earlier in seemingly unimportant moments. It has been determined by all the ‘little’ choices of years past — by all those times when the voice of conscience was at war with the voice of temptation, [which was] whispering the lie that ‘it really doesn’t matter.’ It has been determined by all the day-to-day decisions made when life seemed easy and crises seemed far away — the decision that, piece by piece, bit by bit, developed habits of discipline or of laziness; habits of self-sacrifice or self-indulgence; habits of duty and honor and integrity — or dishonor and shame.”

For the first and final word on the necessary character traits the next president should possess, let’s return to our foundation, our Founders, those who risked all to proclaim our individual rights and responsibilities as ordained by God, and outlined them in our Declaration of Independence and its subordinate exposition, our Republic’s Constitution.

Our Founders wrote at length about character, both of those who seek high office (or, rather, those that high office seeks), and those who elect them. Here are but a few excerpts in their own words.

John Adams: “Children should be educated and instructed in the principles of freedom. … If we suffer [the minds of young people] to grovel and creep in infancy, they will grovel all their lives. … We have no government armed with power capable of contending with human passions unbridled by morality and religion. Avarice, ambition, revenge, or gallantry, would break the strongest cords of our Constitution as a whale goes through a net. Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other. … We should be unfaithful to ourselves if we should ever lose sight of the danger to our liberties if anything partial or extraneous should infect the purity of our free, fair, virtuous, and independent elections.”

Samuel Adams: “Nothing is more essential to the establishment of manners in a State than that all persons employed in places of power and trust must be men of unexceptionable characters. … If men of wisdom and knowledge, of moderation and temperance, of patience, fortitude and perseverance, of sobriety and true republican simplicity of manners, of zeal for the honour of the Supreme Being and the welfare of the commonwealth; if men possessed of these other excellent qualities are chosen to fill the seats of government, we may expect that our affairs will rest on a solid and permanent foundation. … [N]either the wisest constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt. … No people will tamely surrender their Liberties, nor can any be easily subdued, when knowledge is diffused and Virtue is preserved. On the Contrary, when People are universally ignorant, and debauched in their Manners, they will sink under their own weight without the Aid of foreign Invaders. … Let each citizen remember at the moment he is offering his vote that he is not making a present or a compliment to please an individual — or at least that he ought not so to do; but that he is executing one of the most solemn trusts in human society for which he is accountable to God and his country. … Religion and good morals are the only solid foundation of public liberty and happiness.”

Thomas Jefferson: “It is the manners and spirit of a people which preserve a republic in vigor. A degeneracy in these is a canker which soon eats to the heart of its laws and constitution. … If a nation expects to be ignorant — and free — in a state of civilization, it expects what never was and never will be. … The whole art of government consists in the art of being honest. Only aim to do your duty, and mankind will give you credit where you fail. … An honest man can feel no pleasure in the exercise of power over his fellow citizens.”

George Washington: “No compact among men … can be pronounced everlasting and inviolable, and if I may so express myself, that no Wall of words, that no mound of parchment can be so formed as to stand against the sweeping torrent of boundless ambition on the one side, aided by the sapping current of corrupted morals on the other. …[A] good moral character is the first essential in a man, and that the habits contracted [early in life] are generally indelible, and your conduct here may stamp your character through life. It is therefore highly important that you should endeavor not only to be learned but virtuous. … The foundations of our national policy will be laid in the pure and immutable principles of private morality, and the preeminence of free government be exemplified by all the attributes which can win the affections of its citizens, and command the respect of the world. …[W]here is the security for property, for reputation, for life, if the sense of religious obligation deserts the oaths…? Of all the dispositions and habits which lead to political prosperity, Religion and morality are indispensable supports. In vain would that man claim the tribute of Patriotism who should labor to subvert these great Pillars of human happiness — these firmest props of the duties of men and citizens.”

At the end of the Revolution, when our Founders were endeavoring “to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity,” Founding brothers Alexander Hamilton and John Jay and our Constitution’s author, James Madison, wrote The Federalist Papers, its most authentic and comprehensive explication.

In Federalist No. 1, Hamilton warned, “Of those men who have overturned the liberties of republics, the greatest number have begun their career by paying an obsequious court to the people, commencing demagogues and ending tyrants.”

Sound familiar?

In No. 10, Madison cautions, “Enlightened statesmen will not always be at the helm,” and insisted in No. 57, “The aim of every political Constitution is or ought to be first to obtain for rulers, men who possess most wisdom to discern, and most virtue to pursue the common good of the society; and in the next place, to take the most effectual precautions for keeping them virtuous, whilst they continue to hold their public trust.”

Madison’s Supreme Court nominee, Justice Joseph Story, wrote, “Republics are created by the virtue, public spirit, and intelligence of the citizens. They fall, when the wise are banished from the public councils, because they dare to be honest, and the profligate are rewarded, because they flatter the people, in order to betray them.”

The Founders thus warned of the perils posed by the candidate who lacks political courage; the candidate who tells us everything we want to hear.

In November 1800, John Adams, in his fourth year as president, wrote to his wife Abigail, “I Pray Heaven to bestow the best of blessing on this house, and on ALL that shall hereafter inhabit it. May none but honest and wise men ever rule under this roof!”

We should all pray likewise, now, today, this minute.

As Adams understood, “A Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever.”

Almost two centuries later, Ronald Reagan reiterated, “Freedom is … never more than one generation away from extinction. Every generation has to learn how to protect and defend it, or it’s gone and gone for a long, long time.”

So, what of the current generation of voters, and the two presidential candidates?

On 4 November, one of these candidates will receive a majority of electoral votes, and in January, be seated as our next president. But for sure, this election is much more than a referendum on the two candidates; it is a referendum on the ability of Americans to discern between one candidate who possesses the character and integrity of a statesman, which the office of president requires, and one who does not.

At this pivotal moment in our nation’s history, let’s hope that a majority of us have sufficient courage and character to make that distinction, and vote on what we know rather than how we feel.

Let’s put country first.

For more information on the character of the presidential candidates, link to The McCain record and The Obama record.

Please forward these insights to your family, friends and associates.

source: Democrats @ patriotpost.us

Bush’s War on Civil Liberties

October 10, 2008
Bush’s War on Civil Liberties
James Bovard, <!– put date below, before tag –> October 10, 2008 On June 6, 2008, James Bovard gave the following Speech at FFF’s conference Restoring the Republic 2008: Foreign Policy and Civil Liberties. The speech can viewed below in its entirety.

James Bovard is the author of Attention Deficit Democracy (St. Martin’s/Palgrave, January 2006), and eight other books. He has written for The New York Times, The Wall Street Journal, The Washington Post, New Republic, Reader’s Digest, and many other publications. His books have been translated into Spanish, Arabic, Japanese and Korean.



<!– YOU MAY USE ONE OF THESE INSTEAD Sheldon Richman is senior fellow at The Future of Freedom Foundation, author of Tethered Citizens: Time to Repeal the Welfare State, and editor of The Freeman magazine. Visit his blog “Free Association” at www.sheldonrichman.com. Send him email. Sheldon Richman is senior fellow at The Future of Freedom Foundation, and editor of The Freeman magazine and author of “‘Ancient History’: U.S. Conduct in the Middle East since World War II and the Folly of Intervention.”. Send him email. Anthony Gregory is a research analyst at the Independent Institute, a policy adviser for the Future of Freedom Foundation, and a columnist at LewRockwell.com. Anthony’s website is AnthonyGregory.com. Send him email. James Bovard is the author of Attention Deficit Democracy [2006] as well as The Bush Betrayal [2004], Lost Rights [1994] and Terrorism and Tyranny: Trampling Freedom, Justice and Peace to Rid the World of Evil (Palgrave-Macmillan, September 2003) and serves as a policy advisor for The Future of Freedom Foundation. Send him email. Richard Ebeling is the Ludwig von Mises Professor of Economics at Hillsdale College in Michigan and serves as vice president of academic affairs at The Future of Freedom Foundation. Send him email. Scott McPherson is a policy advisor at The Future of Freedom Foundation. Send him email. Bart Frazier is program director at The Future of Freedom Foundation. Send him email. Benjamin Powell is an assistant professor of economics at San Jose State University and serves as academic advisor to The Future of Freedom Foundation. He conducted research on the Irish economy as a fellow with the Mercatus Center’s Global Prosperity Initiative. Send him email. George C. Leef is the director of the Pope Center for Higher Education Policy in Raleigh, North Carolina, and book review editor of The Freeman. Send him email Wendy McElroy is the author of The Reasonable Woman: A Guide to Intellectual Survival (Prometheus Books, 1998). For additional articles on current events by Ms. McElroy, please visit the Commentary section of our website. Ken Sturzenacker is a financial advisor and long-time libertarian activist residing in Pennsylvania. Send him email. Benedict LaRosa is a historian and writer with undergraduate and graduate degrees in history from the U.S. Air Force Academy and Duke University, respectively. Send him email. Karen De Coster is a freelance writer and CPA residing in Michigan. Send her email Laurence M. Vance teaches at Pensacola Junior College in Pensacola, Florida. Send him email. William L. Anderson teaches economics at Frostburg State University in Maryland. Send him email. Walter E. Williams is a professor of economics at George Mason University. Copyright 2005 Creators Syndicate, Inc. (www.creators.com). Reprinted by permission. Doug Bandow is a senior fellow at the Cato Institute. Send him email. Gregory Bresiger is a business writer living in Kew Gardens, New York. Send him email. Jarret Wollstein is a director at The International Society for Individual Liberty and co-founder of the original Society for Individual Liberty in 1969. He is the author of 28 books and special reports, including Surviving Terrorism and Shadow Over the Land: The Government’s War On Your Liberty. Sam Bostaph is head of the professor of economics and chairman, Department of Economics, University of Dallas.. Send him email. END AUTHOR IDENTIFICATION SAMPLES –>

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John McCain is in trouble..?

October 7, 2008

For some strange reason I never thought John McCain was never out of trouble with conservatives. Lets run down a list of the reasons why beginning  with his ratings on gun control from GOA since 2000 he has never garnered better than a C-and more recently F- has been the case. The list against McCain is long so I will post links to those things that are the most important to me.

Those things are only a few of a very long list of why he is not good for America…

Grades & Endorsements Now Available On NRA-PVF Site!

October 5, 2008

This year’s elections may well be the most important in your voting lifetime! The stakes are enormously high, and you need to be fully informed. For up-to-the-minute campaign information, and to see what you can do to help elect pro-Second Amendment candidates, members are strongly encouraged to visit the NRA-Political Victory Fund (NRA-PVF) website, www.NRAPVF.org.

This official NRA campaign site will serve as your one-stop campaign reference guide this election season. The site is loaded with all of the critical information you’ll need to make informed decisions on Election Day, November 4. Included on the site are news stories, articles from NRA’s magazines, NRA-PVF press releases, and a complete listing of NRA-PVF candidate grades and endorsements!