Kristof: Stop Antagonizing the World

by Hans Bader on April 24, 2008 · 2 comments

Nicholas Kristof has a column today in the New York Times, “Better Roses Than Cocaine,” in favor of the proposed free-trade agreement with Colombia, and debunking common claims made against it.   We earlier described how House leaders pushed through special tax breaks for an oil company controlled by Venezuela’s anti-American dictator, even as they seek to undermine Colombia’s pro-American government and block a deal that would spur even more economic growth here than in Colombia.   The Washington Post, in an editorial, also questioned why they’re helping Venezuela’s “repressive government” while attacking Colombia’s “democratic government.”   

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Payday Loan Advocate October 15, 2008 at 2:02 am

Last Tuesday, October 7th, the second presidential debate that took place in Belmont University in Nashville attracted over 60 million viewers. Instead of coming to a more firm deliberation on how to improve the well-being of the United States and all of the American citizens who inhabit it, more questions have raised about how exactly these presidential candidates intend to better our obliterated economy. Frequent questions asked about the $700 billion Wall Street bailout were left unanswered. People are upset and even fear that it would not work and are in search of reassurance and a solution. It seems like their main focus is basically to criticize each other in hopes of rounding up a larger number of followers than the other. Their proposed intentions are based on completely irrelevant issues. Let’s take Barak Obama’s stance on payday advance lenders for an instance. He categorized them as “predatory lending”- effectively sanctioning the industry. This is not an issue that is downheartedly affecting our economy. As the real economic problems are ignored, they spend more time finding and using the pettiest affairs to add spice to the banking production.
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Payday Loan Advocate October 29, 2008 at 11:34 pm

One of the great political philosophers of early 19th century France was Alexis de Tocqueville and one of his most famous works was about his travels in the United States of America. He observed, “the surface of American society is covered with democratic paint, but from time to time one can see the old aristocratic colors breaking through.” This quote comes to us from the 1830s, but the truth of the statement is no less diminished in America today. We have elected officials that want to make our decisions for us, for our own good, when it comes to our decisions about our own financial affairs. Many of them want to take away our access to cash advances by claiming that they are an encumbrance on the citizens of this great nation. Some proposals have come out into the legislative forum at the behest of some of our leaders, such as Ohio’s Governor, Ted Strickland, putting forth HB 545, which would effectively run the entire industry out of the state and put over 6,000 people on the unemployment line. To make things worse, our Presidential candidates both have supported legislative restrictions, such as both McCain and Obama voting for a bill that banned the payday loan industry from lending to military personnel. Obama has also come out in support of measures that will put further restrictions on the industry. The definition of an aristocracy is a system in which the ruling class makes decisions on the behalf and for the rest of the citizens of the nation. Let us hope that they don’t make all of our decisions for us, especially when it comes to the financial assistance that is at our disposal.
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