Tag Archive | "government intervention"

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DC Independence Day Tea Party: My Perspective

DC Independence Day Tea Party: My Perspective

Over the last few months I have been keeping an eye on the tea party movement. My participation has waned and heightened throughout, from my first impressions to my ultimate conclusions about the utility of tea parties. This weekend I was able to glean a different perspective when they asked me to deliver one of the speeches at the DC Independence Day Tea Party at Upper Senate Park next to the Capitol Building.  This time, I was able to get a…

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Posted in Bailout Watch, Culture, Features, Nanny State, Odds & Ends, Personal Liberty, Stimulus to Nowhere, ZeitgeistComments (8)

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Bash the Bailout: Government is Not the Answer

The bailout bill that passed through Congress today seeks to solve the financial mess by massively increasing government involvement in private finance. But more Government cannot be the answer to a government-created problem. The fact is that short-sighted government policies distorted the market in the first place. Bankers were certainly to blame for responding to these signals from government in the hope of a quick buck, but at its base, much of the problem was caused by government.

These are the…

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Posted in Bailout Watch, EconomyComments (13)

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Life’s two certainties (being sold out by the Swiss may be one of them)

As yesterday’s New York Times reports. Lost in the universal focus on the credit crisis, we have seen a somewhat troubling change taking place in Switzerland’s longtime bank secrecy laws.

Switzerland’s tax authorities, under pressure from a growing United States investigation into the Swiss bank giant UBS, are expected to hand over confidential data on wealthy American clients of UBS to the Justice Department, two people briefed on the matter said Tuesday.

The move would represent a significant shift in Switzerland’s banking…

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Posted in Economy, International, Legal, Nanny State, Odds & Ends, Personal Liberty, Privacy, TradeComments (1)

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Bailout fails — Move on to Mark-to-Market Reform

Oh, Happy Day! And it certainly is for all those who value freedom, responsibility and the true free market in which individuals are free to profit from their risks on the condition that they don’t stick the rest of us with their losses.

It’s not hyperbole to say the Republican and Democratic backbenchers who defied both parties’ leadership to defeat this $700 billion package of Wall Street socialism literally saved America. Whatever their reasons, this defeat (or rather victory for freedom),…

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Posted in Bailout Watch, EconomyComments (14)

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