There are many politicians and others, liberal, "moderate," and conservative, that take the position that if a particular legislative action or policy has failed, the people should judge them by their "good" intentions and not if the action or policy is successful. They will say that their "motives" were "good," That their "idea" was "good,"That their "belief" was "pure," no matter if the policy or action has caused hardships and difficulties for individuals. It is a way to excuse it all and not do much else. This often causes problems for society at large.
NJ Libertarian Party Members,
On Friday, March 13 at 10:00 PM, John Stossel and ABC News has a special, "Bailouts, Big Spending and Bull." As John put it in his announcement, this special is produced in partnership with Drew Carey and Reason Magazine. Indeed most of the segments are based on videos from Reason.TV.
Michael Beitler (pronounced Bite-ler), Ph.D., CPA, is the host of "Free Markets With Dr. Mike Beitler," a libertarian internet-radio talk show, and the author of Rational Individualism: A Moral Argument for Limited Government & Capitalism. Mike was the CFO of a profitable bank for more than ten years.
Originally published at Campaign For Liberty
Fannie Mae reported a loss of $25.2 billion for the fourth quarter of 2008 (losses of $58.7 billion for full-year 2008). Total nonperforming loans were $119.2 billion at year-end. Fannie is requesting additional capital from the U.S Treasury. The other gargantuan government-sponsored enterprise, Freddie Mac is likewise running up billions of dollars in losses. Freddie is preparing to ask for additional capital from the U.S Treasury of $35 billion.
Why should you, the taxpayer, be concerned? Isn't the Federal government using bailout funds allocated by Congress to clean up the mess?
The problem is the Federal government is on the brink of bankruptcy itself. The U.S. government is $11 trillion dollars in debt. (That figure does not include tens of trillions of dollars of off-balance sheet, unfunded liabilities.) Congress has no "money to allocate" to Fannie, Freddie, or anything else. You, the taxpayer, are on the hook for these massive obligations.
Go back to the first paragraph and substitute "additional taxpayer money" for "additional capital."
The convention shall be held on March 28th and 29th. For more information see the Convention Registration page.
On October 2, 1996 in the “New York Post,” then columnist Carl T. Rowan wrote a piece entitled “Liberal Is Not a Four Letter Word.” In it, he described what it meant to be “a liberal” and what it entailed. After reading it, it just reaffirmed to me that the ideology had nothing to in common with the liberalism of the past. That the ideology was hijacked. Where once liberalism believed in the chains of the Constitution, the limits of power and government, as well as rugged individualism, it, along with the conservatism of the modern variety today, believes in the omnipotence of the state. To me, it was a sad read.
On February 15, 2009, the Pilesgrove Township (Salem County) Committee introduced an ordinance to repeal parts of The Township's "Peace and Good Order" Code. The ordinance, as introduced, is below and the NJLP's January 19, 2009 letter which requested the repeal is online HERE.
UPDATE 2/23/2009: Passed by the Senate!!! 22 - 16
URGENT ACTION NEEDED! From our friends at the Drug Policy Alliance:
Critically ill New Jerseyans, many battling life-threatening conditions, are enduring unnecessary pain and anguish because, in our state, many people cannot safely access their medicine.
A little over a month ago, you helped bring New Jersey one step closer to becoming the 14th state to allow access to medical marijuana. Because of you, members of the Senate Health Committee supported our medical marijuana bill.
The entire Senate will vote on Monday for the first time on this legislation. With your voice telling senators that you are concerned about reducing suffering in New Jersey, we can build on this momentum.
You have the chance to transform the lives of sick patients by telling members of the New Jersey State Senate that you support New Jersey’s Compassionate Use Medical Marijuana Act.
The time is now. Together, we can make certain that, with their doctor's recommendation, seriously ill patients have safe access to medical marijuana, but only if you act now.
Drug Policy Alliance New Jersey
P.S. Follow this link to learn more details about the New Jersey Compassionate Use Medical Marijuana Act.
There are many people in the United States that have this belief that society, government or other "owes us." This belief came to fruition in the late 1890s and early 1900s. It was made famous men such as William Jennings Bryant, Theodore Roosevelt, Woodrow Wilson, Eugene Debs, Franklin Roosevelt as well as others. This belief goes by names such as "soak the rich" and, my favorite. "compassion." What thsi belief really entails is the punishment of achievement and the promotion of class envy. It is the belief of pitting one group against another.
Despite the change in administration we are still being used as the world's policeman!
Ike Skelton, Chairman House Armed Services Committee
For Immediate Release: February 17, 2009 Contact: Loren Dealy or Lara Battles
Skelton Praises Announcement to Increase
U.S. Troop Commitment in Afghanistan
Washington, DC – House Armed Services Committee Chairman Ike Skelton (D-MO) praised today’s announcement to increase U.S. troop levels in Afghanistan:
“Commanders in Afghanistan have been calling for more troops to meet mission requirements. Today’s announcement committing additional U.S. troops in Afghanistan signals that we are restoring American leadership to the coalition effort to defeat al Qaeda and the Taliban and to support the Government of Afghanistan. I hope our NATO allies will take our example to heart and provide more assistance as well.
“But in addition to our military contributions, we must also increase the civilian resources available to improve security and stability in Afghanistan. This is extremely important. The military’s role is critical, but we must use all of our tools – military, diplomatic, economic – to meet the challenges in this region. I look forward to working with the administration to chart the path ahead in Afghanistan.”
From the Cato Institute:
There is plenty of disagreement on whether a big-government stimulus project is the best way to bring the United States out of recession. The Cato Institute purchased a full-page ad in major newspapers across the country listing the names of several hundred economists who object to massive deficit spending as an economic stimulus. Cato scholars and ad signatories have made their case on television since the spending program was proposed.
Published on cnn.com:
CAMBRIDGE, Massachusetts (CNN) -- When libertarians question the merit of President Obama's stimulus package, a frequent rejoinder is, "Well, we have to do something." This is hardly a persuasive response. If the cure is worse than the disease, it is better to live with the disease.
In any case, libertarians do not argue for doing nothing; rather, they advocate eliminating or adjusting policies that are bad for the economy independent of the recession. Here is a stimulus package that libertarians can endorse:
American Business Has Sold Its Soul to the Devil: Exhibit A- Obama Warns Companies Not to Book Event
- Category: Selected Blogs
Government is filled with people who couldn't get a job in the private sector. Why on earth would we put them in charge of our economy? If they knew anything about running a business, they'd be running a business. George W. Bush was a failure at virtually everything he ever did in the business world- except buying the Texas Rangers. He succeeded at that because of his family connections and wealth. Anyone could make money buying a baseball team- if you have the connections and millions of dollars necessary to buy one in the first place. Then Bush proved his lack of business skills by running our country into the ground, ruining our economy, and increasing our debt dramatically.