The Daily Rations: March 12, 2009

This post was written by RL Admin on March 12, 2009
Posted Under: Daily Rations

 

In a time of government ascendancy and dependence on the state, these are your Daily Rations for March 12, 2009.

Recent, original articles from the pages of Rational Liberty:

In Defense of Capitalism

Revolution? It Can’t Happen Here

Fallacies of the Green Movement

News & Opinions:

Obama Outlines Plan to Curb Earmarks (The Wall Street Journal) – After you’re done laughing at the headline, remember that Obama either buys into his own double-talk, or he thinks we’re stupid enough to believe everything he says. Also remember that some people really are that stupid – and that they are registered voters.

Freddie to seek another $30.8 billion (The Washington Times) – More taxpayer money will be thrown at Freddie Mac, proving once again that the government always fails when it tries to involve itself in economics. What more can be said? Belaboring that point seems to be useless.

The White House Misfires on Limbaugh (The Wall Street Journal) – Karl Rove shows us why he was so successful at helping get Bush elected twice. He exposes the Obama fraud about a “new era” of politics and the phony deficit reduction plan.

Welcoming the Predator (The Washington Times) – As it turns out, Muslims on the front lines of our war against Al-Qaeda and the Taliban in Pakistan seem to like – or at least not oppose – the use of Predator air strikes in the region. Now, if only we could convince the pacifists and appeasers in our own government that the strikes are helpful and not to be detested, we’d be much better off.

Inside the enemy’s mind (American Thinker) – Why are leftists in this country drawn to those who hate and want to destroy us and the very principles that this nation was founded on? To say, “Because they are leftists,” is just too easy.

Are ‘Hope’ and ‘Change’ Still Tax-Deductible? (Townhall) – With more commentary exposing the leftist tradition, Ann Coulter explains how Democrats are only happy when giving away other people’s money, while claiming that their million-dollar incomes make them “poor.”

Abyss could deepen again (The Washington Times) – Despite the “cat bounce” in the markets this week, the economy is still in really bad shape. Some predictions for when a recovery may begin have been pushed back several months. There may not be a quick fix, but there are things that can be done to speed up the process. Cutting taxes would be nice. Letting failing businesses fail would make the markets stronger in the long run by eliminating the weaker elements that do nothing but eat taxpayer bailouts and flood the economy with bad credit, investments, and inferior products and services. But we’ll ultimately stick with what doesn’t work: Increased government spending and regulations.

Old Europe Is Right on Stimulus (The Wall Street Journal) – The Euro has performed better than the dollar for a reason: European countries agreed not to run up national debts through massive domestic spending increases when they adopted the new currency. Many of these countries have lived through economic stagnation and inflation and have attempted the Keynesian absurdities, with no luck. Now, the Obama administration is asking them to return to their old ways – and so far, they’re refusing.

Research & Analysis:

Science Is as Science Does (Ludwig von Mises Institute) – What’s the difference between Keynesian economists and Austrian economists? One group is almost always wrong about economics, yet continues to ridicule the other, which is almost always right. Benjamin C. Richards writes an excellent analysis of the falsified theories of Keynesian economists. Essentially, Keynesianism can be summed up in one word: Failure.

D.C. Voting Rights: No Representation? No Taxation! (The Heritage Foundation) – Since we’re no longer going to adhere to the law, which basically says the District of Columbia cannot be made into a State, we may as well seek alternative methods for solving the dilemma of taxation and representation. Instead of giving the District representation in Congress, Dr. Robert Book thinks residents who live there should simply not have to pay income taxes. That certainly sounds reasonable to me.

From the annals of American history:

A Summary View of the Rights of British America (The Avalon Project) – Thomas Jefferson wrote this in July of 1774, two years to the month before he wrote the Declaration of Independence. It was practically an explanation for the American Revolution and the many events that ultimately led to war. It’s surprising to notice the many grievances mentioned in this document being quite similar to the government abuses we are witnessing today.

 

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