Monday, July 28, 2008

An Illegitimate Function of Government

The Founding Fathers knew a government can’t control the economy without controlling people. And they knew when a government sets out to do that, it must use force and coercion to achieve its purpose. So we have come to a time for choosing. Public servants say, always with the best of intentions, ‘What greater service we could render if only we had a little more money and a little more power.’ But the truth is that outside of its legitimate function, government does nothing as well or as economically as the private sector." —Ronald Reagan

The Do Nothing Solution

[I]ncreasing numbers of economists and historians have concluded that it was government intervention which prolonged the Great Depression beyond that of other depressions where the government did nothing. The stock market crash of 1987 was at least as big as the stock market crash in 1929. But, instead of being followed by a Great Depression, the 1987 crash was followed by 20 years of economic growth, with low inflation and low unemployment. The Reagan administration did nothing in 1987, despite outrage in the media at the government’s failure to live up to its responsibility, as seen in liberal quarters. But nothing was apparently what needed to be done, so that markets could adjust. The last thing politicians can do in an election year is nothing. So we can look for all sorts of ‘solutions’ by politicians of both parties. Like most political solutions, these are likely to make matters worse. —Thomas Sowell

Wednesday, July 16, 2008

Obama, the Politician

One of the most naive notions is that politicians are trying to solve the country’s problems, just because they say so—or say so loudly or inspiringly. Politicians’ top priority is to solve their own problem, which is how to get elected and then re-elected. Barack Obama is a politician through and through, even though pretending that he is not is his special strategy to get elected. —Thomas Sowell

[ This is precisely the conclusion I came to as I finished Obama's book yesterday. He is a superb rhetorician and consummate politician. If that is want you want, he is a great choice to have on your side, but he is clearly far, far away on the other end of the ideological spectrum from my position. His strengths, if elected, will only compound the weakness of his credentials to America's great detriment. Scary. -- Kirt ]

Wednesday, July 09, 2008

The Roads Both Taken

When he comes to a fork in the road, Barack Obama continues to take it." —Wesley Pruden

Tuesday, July 08, 2008

Presidents and the Constitution

A strict observance of the written laws is doubtless one of the highest virtues of a good citizen, but it is not the highest. The laws of necessity, of self-preservation, of saving our country when in danger, are of higher obligation. To lose our country by a scrupulous adherence to written law would be to lose the law itself, with life, liberty, property and all those who are enjoying them with us; thus absurdly sacrificing the end to the means. -- Thomas Jefferson, 1810

[ George W. Bush, like Franklin Roosevelt and Abraham Lincoln before him, were not without justification in their unconstitutional exercise of presidential powers in order to honor their higher oath to "preserve, protect, and defend the Constitution of the United States". Acting decisively to keep the country safe from another 9/11 attack for the remainder of his two terms in office will place him in high esteem, despite his methods and failings, in the eyes of future historians. -- Kirt]