The Freedom Factory

For everyone that has a Facebook account, the status updates can be a powerful tool to get your opinions across to your friends-sometimes I just can’t believe what some people say! A closet socialist friend of mine posted a congratulatory post about Obama’s Nobel Peace Prize… Continue Reading

U.S. Treasury Dept. considers converting loans to equity ownership in major U.S. banks…is this a backdoor to nationalization? Congressional push-back to Obama’s revenue raising plans is leaving $1 trillion gap in budget, Obama set to take on credit card companies for charging interest rates that he considers too high, the U.S. Energy Secretary warns that some Caribbean islands will disappear because of Global Warming, and China issues another condemnation of U.S. economic policies…threatens to diversify currency reserves out of USD… Continue Reading

Intelligence officials say NSA exceeding legal limits on domestic spying-intercepting private e-mails and phone calls, 43% of Americans pay no taxes or actually receive money from government (i.e. receive your money!), consumer prices mixed, nationwide anti-tax protests blast bailouts and big government, Obama vows to simplify the tax code, America has its first “Border Czar,” White House pushes for new government health insurance, Federal Reserve actually considers telling the public what it’s doing, central bank claims recession may be ending soon, Homeland Security labels returning war vets as “right-wing terrorists,” and Texas governor rallies tea partiers with states’ rights agenda… Continue Reading

We are moving closer towards a political economy every day. Every dollar borrowed, taxed, printed, and spent by government really comes from the private sector.  Trillions of dollars of national resources are being allocated by politicians and bureaucrats towards things they claim will benefit our economy. Congress just passed a $3.6 trillion budget ($1.2 trillion in deficit), and combined the Federal Reserve and Treasury have dumped $13 trillion into the economy in the last 16 months. What we must all ask ourselves right now is whether or not we trust government with our money? Continue Reading

Obama rejects Gov. Sanford’s plan to use stimulus money to pay down South Carolina debt, Russia planning ‘large-scale’ rearming, Obama’s health care plans will cost at least $1.5 trillion, companies fight back against Obama’s economic plans saying they are hurtful, Obama tries to overrule Congress and stifle whistle-blowing, Argentina moves to nationalize factory owned by Lockheed Martin, and big changes stirrup up at the U.N…just the latest in your Freedom Under Fire Report! Continue Reading

Obama considers taxing health benefits-could be “the largest middle-class tax increase in history”, A.I.G. finally releases names of beneficiaries of taxpayer money, and Hugo Chavez sends troops and warships to seize Venezuela’s transportation nodes…just the latest in your Freedom Under Fire Report! Continue Reading

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 Freedom’s Sake

Republicans block spending bill in Senate over earmarks, Federal Reserve refuses to disclose identify of aid recipients-Senate challenges disclosure, America now has its first CIO, Obama says there is no time to delay Socialized health care, lawsuit attacks Craigslist in challenge to Web privacy, Chinese central bank sees signs of recovery, Germany in uproar of GM mismanagement…just the latest in your Freedom Under Fire Report! Continue Reading

Rep. Jose Serrano proposes repealing 22nd Amendment-Term limits to presidency, Buffett says economy will remain in shambles, Zimbabwe’s Mugabe pledges to seize more white farms, Obama plans to reduce role of federal contractors, repeals health “conscience” clause forcing medical staff to perform services to which they morally disagree, Cabinet positions going exclusively to left-leaning Democrats, Obama set for hard fight to radically change America…just the latest in your Freedom Under Fire Report! Continue Reading

Obama spells clear shift to Socialism in budget, Israel does the opposite and pushes for spending cuts, lower taxes, and smaller government; U.S. moves to increase ownership of Citibank 30% to 40%, bloggers and unions join forces to push Democrats further to the Left, Congress makes health care top priority, Congressmen treat Obama like king, waiting 12.5 hours just to shake his hand…just the latest in your Freedom Under Fire Report! Continue Reading