Posted on 05 April 2009. Tags: Antiarctica, bailouts, barack obama, Big Brother, capitalism, climate, climate control, communism, cruise ships, Cuba, Department of the Treasury, Economics, economy, environmentalism, environmentally responsible, family, federal government, financial restrictions, fiscal policy, fiscal stimulus, government control, international law, island, limit tourism, long range missiles, mandatory limits, missile launch, monetary policy, money supply, North Korea, nuclear weapons, Obama administration, Obamanomics, policy drives markets, political economy, Politics, President Obama, protectionism, punish North Korea, remittance, Rob Viglione, security council, State Department, Tim Geithner, travel restrictions, Treasury Secretary, United Nations, violated international rules, visit relatives, weapons of mass destruction
Treasury Secretary Geithner warns that if you accept government money you must accept government control, Obama tries to force limits on tourism to Antarctica, some travel and financial restrictions with Cuba eased, Obama calls on U.N. Security Council to punish North Korea over missile launch… Continue Reading
Posted in Featured, Freedom Under Fire
Posted on 08 March 2009. Tags: adam smith, attack on free speech, auto industry, barack obama, better his own condition, Doug Thorson, Economics, financial institutions, For Freedom's Sake, free enterprise, free markets, free people, free society, free speech, government control, government interference, Health Care, human laws, laissez-faire, liberty, President Obama, socialism, The Wealth of Nations
Adam Smith, who lived in the eighteenth century, provided the philosophical and most systematic arguments for the underpinnings of a laissez-faire economic system in his book The Wealth of Nations. Smith makes the argument that it was only the interference of government which disrupted the natural working of economic society and created poverty and decay rather than abundance and harmony. As Smith explained:
The natural effort of every individual to better his own condition, when suffered to exert itself with freedom and security, is so powerful a principle, that it is alone, and without any assistance, not only capable of carrying on the society to wealth and prosperity, but of surmounting a hundred obstructions with which the folly of human laws too often encumbers its operations.
The drive for greater government regulation is the drive toward increased poverty, unemployment and the loss of liberty. With the Obama administration pushing an ever expanding federal government plan to take control of our financial institutions, health care system, the auto industry, and its attack on free speech, the time is now to clearly articulate the differences between free markets and free people, and government administered markets and government control of our lives.
For Freedoms Sake
Posted in Politics