The Freedom Factory

British PM calls for “Global New Deal,” Obama kicks back favors to unions, Swiss stand strong against U.S. bullying, Clinton implores China to continue buying U.S. junk assets, top Libertarian explains California’s budget problems, Rick Santelli sparks revolt over mortgage bailout, military preparing for Iraq exit, top economist rationalizes bank seizures, EU clamping down on financial industry, C.I.A. finally releases U.K. citizen after 7 yrs without formal charges and allegations of torture, Obama’s ratings fall, government to take big ownership stake in Citi, U.S. troops in Pakistan, and Social Security hits Obama’s reform agenda…just the latest in your Freedom Under Fire Report! Continue Reading

With all the speculation on a government takeover of the banking industry, including Alan Greenspan’s statement that “the U.S. may have to temporarily nationalize some banks until the industry is restructured,” we should do some serious soul searching. America has a long tradition of respecting property rights and restricting government power from the private domain. Overt nationalization would be unconstitutional, but change is in the air… Continue Reading