In a likelihood, two weeks and one day from now, I will be standing outside of my local polling place in Western Prince William County, Virginia waiting for the doors to open so I can cast my ballot in the 2008 election. Unless the polls and electoral college projections that we’re seeing right now are [...]Continue reading Why I’m Voting For Bob Barr, And Why You Should Too
Archive for October, 2008
In a rather somber article over at Forbes, Henry Manner, former Dean at George Mason University School of Law, sees dark times ahead for freedom: The political direction of the country is now determined for a long time to come, and it is inevitably leftward. Politicians would never resist a popular but massive demand for [...]Continue reading A Coming Dark Age For Liberty ?
After Joe Wurzelbacher became the star of the Wednesday night’s debate, the media started looking in to his background and it didn’t take long for someone to discovery that Joe the Plumber doesn’t have a plumber’s license. Now, Wurzelbacher admits that and say that, because he works for someone who has a license, he isn’t [...]Continue reading Joe The Plumber And Professional Licensing Laws
One person with knowledge of the meetings called it a “take it or take it offer”: The chief executives of the nine largest banks in the United States trooped into a gilded conference room at the Treasury Department at 3 p.m. Monday. To their astonishment, they were each handed a one-page document that said they [...]Continue reading We’ll Make Them An Offer They Can’t Refuse
As I’ve pointed out before, the extreme leverage increases in our economy created a false inflation, and the de-leveraging is an inherently deflationary process. There are signs that this false inflation is easing, and possibly even heading into a deflationary curve. Consumer prices were flat in September as retreating costs for gasoline, clothes and new [...]Continue reading Inflation Fears Ease — So Watch Out!
For the better part of a decade, Hugo Chavez has been running “La Revolución!” It’s been an attempt to remake Venezuela and then the rest of South America into a socialist powerhouse that would stand up to el Diablo del Norte. He’s financed this movement on high oil prices. As an oil exporting nation, and [...]Continue reading If You Live By The Petrodollar, You May Die By The Petrodollar, Right Hugo?
Mark over at Publius Endures discusses the current state of the Republican Party, as it has changed from the 1994 version to the 2008 version (emphasis added): With libertarians leaving the party in droves, the remaining GOP opinion-makers are increasingly free to abandon free market rhetoric; put another way, they have become smaller and thus [...]Continue reading Quote Of The Day — National Greatness Conservatism
Last night, I posted about the wild swings seen on the Intrade prediction market for President; wilder than anything I saw in ’04. I wanted to see how a true “long shot” was looking, so I started looking up contracts on Barr. Barr has several contracts based on his percentage in the popular vote, and [...]Continue reading Intrade — Make Money On Barr’08
Before the conventions, the election was looking pretty decently to be in Obama’s hands according to Intrade, with him predicted about 60% likely to win (which was higher than Bush was predicted in 2004). After the conventions, though, I remarked how shocked I was to see the numbers come to a dead heat. Comparing my [...]Continue reading Intrade Update — Wild Left Hook
$700B here, $900B there, and now another $250B on top! The government put itself four-square into the country’s banking business Tuesday, resorting to what President Bush conceded was the unwelcome choice of buying into the system to loosen paralyzed channels of credit. The president said the decision to buy shares in the nation’s leading banks [...]Continue reading Pretty Soon You’re Talkin’ Real Money!
Have you ever wondered what it would be like to be on the receiving end of a personal attack ad? I have. During the 2006 campaign, I thought it would be fun to write my own personal attack ad…against myself! Like many attack ads, everything I wrote about myself was (is) technically true but lacked [...]Continue reading Personal Attack Ad…Against Myself!
Some much needed humor for a Friday. Enjoy!Continue reading Hockey Moms For Truth
Comrades, once a year, sometimes more, we are confronted with the question of whom to vote for. Millions of man-hours are consumed every two years in debating and discussing who is standing for elected office, the pros and cons of their policies and their past performance. Billions of dollars are spent promoting or defaming candidates. [...]Continue reading Vote for ‘N.O.T.A.’
John Stossel writing for Townhall.com asks a very good question in his article, Try Free Enterprise. Everybody talked about the “freeze” in the credit markets, but why, I wonder, were the cable news programs that repeated the credit-freeze mantra pausing for commercials from companies trying to lend me money? Ditech and LendingTree still hawk mortgages [...]Continue reading Quote of the Day: The “That’s a Damn Good Question” Edition
Yep… Worried of a liquidity crunch similar to that in the early 1930s, there’s been quite a bit of movement in the last week. Starting with last Friday’s $700B Treasury bailout of toxic debt, followed by yesterday’s $900B+ short-term lending backstop, markets still weren’t assuaged. So what happened? A big drop from the Fed in [...]Continue reading No Repeat Of The 1930s Here!
I am not a fan of direct democracy. As I pointed out in part 2 of this series, the Colorado ballot has a number of anti-liberty ballot measures from the Left and the Right. The Colorado ballot is a classic example of how democracy can be reduced to tyrannical of mob rule. Having said that, [...]Continue reading Why Libertarians Should Vote: Restoring Liberty via the Ballot Box (Part 3 of 3)
Many folks these days are blaming our current financial woes on a lack of regulation. They seem to think that an abstract term like “regulation” somehow gives government amazing powers to ensure that bad things won’t happen. Which is why this interview with Warren Buffett (c/o Coyote Blog) is telling: QUICK: If you imagine where [...]Continue reading A Failure Of Regulation
First, President Bush in 2002 pushes for increased home “ownership” regardless of creditworthiness. Second, despite what Nancy Pelosi says, the Democrats most certainly did their part to help President Bush succeed in his “ownership society.” These Democrats who scream that this credit crisis is a result of lax regulations didn’t much appreciate the regulators when [...]Continue reading The Credit Crisis: A Bipartisan “Achievement”
With the reverberations of the Congressional fight over the $700B bailout still shaking Capitol Hill, the lingering question has been whether that $700B would be enough to do any good. Nope. They’ll need at least double that. And Congress isn’t voting on this plan: The Federal Reserve announced Tuesday a radical plan to buy massive [...]Continue reading Fed Opens Spigot With Up To
I hope that Representative Sherman is the victim of a bad game of “telephone”. If he is not, if the administration really did threaten to impose martial law if the bill weren’t passed, then the time has come for us to cast out the vipers in Washington D.C. Hat tip to The Crossed Pond and [...]Continue reading Just What Was The Administration Threatening Recalcitrant Representatives With? Martial Law?!?