The Discerning Texan
All that is necessary for evil to triumph, is for good men to do nothing.
-- Edmund Burke
-- Edmund Burke
Monday, June 11, 2007
Sarkozy determined to ride Supply Side Wave
It is gratifying to see the new French President come out in favor of a policy that is reviving economies throughout Eastern Europe: cutting taxes and deregulating business. Meanwhile the Democrats seem determined to turn the US into a Soviet-style economy.
Labels: Democrat Sabotage, Economics, Europe, France, Free Markets
Saturday, March 31, 2007
Keeping an American Identity
James Pinkerton rightly believes that we have to do more to preserve our soverignity and identity as a nation; should anything less be expected of the "last, best hope on Earth?"
Labels: Free Markets, Illegal Immigration, US Politics
Wednesday, February 28, 2007
The GOOD News about the Stock Correction UPDATED: And the not so good news
OK, sure, I lost a chunk of change yesterday just like most people. But I think dafydd is on to something here. I have read Barnett's book and have also followed the 8-week interview on Hugh Hewitt's show (download the mp3 files--well worth your time), and while in some cases I think Barnett may be overly optimistic about the nuclear threat from rogue states, there is no question that the interconnectivity between the US and China economically will "mutually assure" each other's economic destruction--were the countries to be stupid enough to go to war with each other--in a way that nuclear weapons never could.
And yes, I think this little stock correction drove that point home quite nicely.
UPDATE: Stratfor is claiming that the entire thing was engineered by the Chinese. Even if true, the unintended spread of the correction to worldwide markets does server to drive home to the meddling Chinese government the high price of interference with free markets. They are learning that they can no longer make decisions in a vaccum.
And yes, I think this little stock correction drove that point home quite nicely.
UPDATE: Stratfor is claiming that the entire thing was engineered by the Chinese. Even if true, the unintended spread of the correction to worldwide markets does server to drive home to the meddling Chinese government the high price of interference with free markets. They are learning that they can no longer make decisions in a vaccum.
Labels: China, Free Markets, US
Saturday, February 10, 2007
Giving The Gipper his 'Props'
I find a whole lot to like and not much at all to dislike about the Poles. Having lived under the iron boot of Communism--and understanding better than any external observer the drain that the socialist form of government can be on an economy--the Poles have eagerly embraced both free market economics and Western-style democracy since the fall of the Berlin Wall. And the Poles are one of the few European countries to put its troops in harm's way in Iraq. In short: Poland is a good friend to America, and is demonstrating how free-market economics is positively the most effective economic recovery vehicle of all. And this is why, when I saw how the Poles were going out of their way to honor the great Ronald Reagan, I wanted to take an opportunity to thank them in my own way, and to simultaneously honor the Gipper.
And what better way than to recall the words of this great man, which incredibly ring even more true today than when they were uttered over 42 years ago. That is vision, my friends. We need more men like Ronald Reagan, today more than ever.
To the Gipper, and may these words never be forgotten:
I am going to talk of controversial things. I make no apology for this.
It's time we asked ourselves if we still know the freedoms intended for us by the Founding Fathers. James Madison said, "We base all our experiments on the capacity of mankind for self government."
This idea? that government was beholden to the people, that it had no other source of power is still the newest, most unique idea in all the long history of man's relation to man. This is the issue of this election: Whether we believe in our capacity for self-government or whether we abandon the American Revolution and confess that a little intellectual elite in a far-distant capital can plan our lives for us better than we can plan them ourselves.
You and I are told we must choose between a left or right, but I suggest there is no such thing as a left or right. There is only an up or down. Up to man's age-old dream-the maximum of individual freedom consistent with order or down to the ant heap of totalitarianism. Regardless of their sincerity, their humanitarian motives, those who would sacrifice freedom for security have embarked on this downward path. Plutarch warned, "The real destroyer of the liberties of the people is he who spreads among them bounties, donations and benefits."
The Founding Fathers knew a government can't control the economy without controlling people. And they knew when a government sets out to do that, it must use force and coercion to achieve its purpose. So we have come to a time for choosing.
Public servants say, always with the best of intentions, "What greater service we could render if only we had a little more money and a little more power." But the truth is that outside of its legitimate function, government does nothing as well or as economically as the private sector.
Yet any time you and I question the schemes of the do-gooders, we're denounced as being opposed to their humanitarian goals. It seems impossible to legitimately debate their solutions with the assumption that all of us share the desire to help the less fortunate. They tell us we're always "against," never "for" anything.
We are for a provision that destitution should not follow unemployment by reason of old age, and to that end we have accepted Social Security as a step toward meeting the problem. However, we are against those entrusted with this program when they practice deception regarding its fiscal shortcomings, when they charge that any criticism of the program means that we want to end payments....
We are for aiding our allies by sharing our material blessings with nations which share our fundamental beliefs, but we are against doling out money government to government, creating bureaucracy, if not socialism, all over the world.
We need true tax reform that will at least make a start toward I restoring for our children the American Dream that wealth is denied to no one, that each individual has the right to fly as high as his strength and ability will take him.... But we can not have such reform while our tax policy is engineered by people who view the tax as a means of achieving changes in our social structure....
Have we the courage and the will to face up to the immorality and discrimination of the progressive tax, and demand a return to traditional proportionate taxation?... Today in our country the tax collector's share is 37 cents of -very dollar earned. Freedom has never been so fragile, so close to slipping from our grasp.
Are you willing to spend time studying the issues, making yourself aware, and then conveying that information to family and friends? Will you resist the temptation to get a government handout for your community? Realize that the doctor's fight against socialized medicine is your fight. We can't socialize the doctors without socializing the patients. Recognize that government invasion of public power is eventually an assault upon your own business. If some among you fear taking a stand because you are afraid of reprisals from customers, clients, or even government, recognize that you are just feeding the crocodile hoping he'll eat you last.
If all of this seems like a great deal of trouble, think what's at stake. We are faced with the most evil enemy mankind has known in his long climb from the swamp to the stars. There can be no security anywhere in the free world if there is no fiscal and economic stability within the United States. Those who ask us to trade our freedom for the soup kitchen of the welfare state are architects of a policy of accommodation.
They say the world has become too complex for simple answers. They are wrong. There are no easy answers, but there are simple answers. We must have the courage to do what we know is morally right. Winston Churchill said that "the destiny of man is not measured by material computation. When great forces are on the move in the world, we learn we are spirits-not animals." And he said, "There is something going on in time and space, and beyond time and space, which, whether we like it or not, spells duty."
You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done.
Damn, I miss Ronald Reagan. And it is heartwarming to know our brothers in arms in Poland miss him too.
And what better way than to recall the words of this great man, which incredibly ring even more true today than when they were uttered over 42 years ago. That is vision, my friends. We need more men like Ronald Reagan, today more than ever.
To the Gipper, and may these words never be forgotten:
I am going to talk of controversial things. I make no apology for this.
It's time we asked ourselves if we still know the freedoms intended for us by the Founding Fathers. James Madison said, "We base all our experiments on the capacity of mankind for self government."
This idea? that government was beholden to the people, that it had no other source of power is still the newest, most unique idea in all the long history of man's relation to man. This is the issue of this election: Whether we believe in our capacity for self-government or whether we abandon the American Revolution and confess that a little intellectual elite in a far-distant capital can plan our lives for us better than we can plan them ourselves.
You and I are told we must choose between a left or right, but I suggest there is no such thing as a left or right. There is only an up or down. Up to man's age-old dream-the maximum of individual freedom consistent with order or down to the ant heap of totalitarianism. Regardless of their sincerity, their humanitarian motives, those who would sacrifice freedom for security have embarked on this downward path. Plutarch warned, "The real destroyer of the liberties of the people is he who spreads among them bounties, donations and benefits."
The Founding Fathers knew a government can't control the economy without controlling people. And they knew when a government sets out to do that, it must use force and coercion to achieve its purpose. So we have come to a time for choosing.
Public servants say, always with the best of intentions, "What greater service we could render if only we had a little more money and a little more power." But the truth is that outside of its legitimate function, government does nothing as well or as economically as the private sector.
Yet any time you and I question the schemes of the do-gooders, we're denounced as being opposed to their humanitarian goals. It seems impossible to legitimately debate their solutions with the assumption that all of us share the desire to help the less fortunate. They tell us we're always "against," never "for" anything.
We are for a provision that destitution should not follow unemployment by reason of old age, and to that end we have accepted Social Security as a step toward meeting the problem. However, we are against those entrusted with this program when they practice deception regarding its fiscal shortcomings, when they charge that any criticism of the program means that we want to end payments....
We are for aiding our allies by sharing our material blessings with nations which share our fundamental beliefs, but we are against doling out money government to government, creating bureaucracy, if not socialism, all over the world.
We need true tax reform that will at least make a start toward I restoring for our children the American Dream that wealth is denied to no one, that each individual has the right to fly as high as his strength and ability will take him.... But we can not have such reform while our tax policy is engineered by people who view the tax as a means of achieving changes in our social structure....
Have we the courage and the will to face up to the immorality and discrimination of the progressive tax, and demand a return to traditional proportionate taxation?... Today in our country the tax collector's share is 37 cents of -very dollar earned. Freedom has never been so fragile, so close to slipping from our grasp.
Are you willing to spend time studying the issues, making yourself aware, and then conveying that information to family and friends? Will you resist the temptation to get a government handout for your community? Realize that the doctor's fight against socialized medicine is your fight. We can't socialize the doctors without socializing the patients. Recognize that government invasion of public power is eventually an assault upon your own business. If some among you fear taking a stand because you are afraid of reprisals from customers, clients, or even government, recognize that you are just feeding the crocodile hoping he'll eat you last.
If all of this seems like a great deal of trouble, think what's at stake. We are faced with the most evil enemy mankind has known in his long climb from the swamp to the stars. There can be no security anywhere in the free world if there is no fiscal and economic stability within the United States. Those who ask us to trade our freedom for the soup kitchen of the welfare state are architects of a policy of accommodation.
They say the world has become too complex for simple answers. They are wrong. There are no easy answers, but there are simple answers. We must have the courage to do what we know is morally right. Winston Churchill said that "the destiny of man is not measured by material computation. When great forces are on the move in the world, we learn we are spirits-not animals." And he said, "There is something going on in time and space, and beyond time and space, which, whether we like it or not, spells duty."
You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done.
Damn, I miss Ronald Reagan. And it is heartwarming to know our brothers in arms in Poland miss him too.
Labels: Europe, Free Markets, Freedom, Marxism, Poland, Ronald Reagan, Socialism, US Politics
