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Daily Dose of Reason -
Quotations
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Written by Michael J. Hurd, Ph.D.
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Thursday, 04 March 2010 00:00 |
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 "Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked, 'Account overdrawn.'"
-- from Francisco's money speech in Ayn Rand's classic Atlas Shrugged |
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Daily Dose of Reason -
Politics & Government
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Written by Michael J. Hurd, Ph.D.
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Wednesday, 03 March 2010 00:00 |
 To advance American freedom, the best option for the 2010 elections is for the Democrats to regain control of Congress -- but only with a seat or two. This will frustrate the totalitarians-in-waiting even more than they already are (and will be fun to watch, too). They won't be able to pass any more than they would if Republicans gained control of both houses by a few seats (which is probably the best they can expect). Then, the blame will once again lie with the Democratic Congress and Administration rather than with Republicans. Mind you, I don't care about the Republicans' interests. I read that Ayn Rand once referred to the conservatives of her day as "kindergarten socialists" and that pretty well describes post-Bush conservatives, too. Republicans are wrongly associated with the cause of capitalism, freedom, economic sanity and individual rights. They don't stand for those things any more than Democrats do. America must form a second party to fight the statists. Republicans, in their current form, are not yet it -- and surely won't be by November of this year, either. So I'd like to see Republicans hamstrung as well as Democrats. I want to see gridlock in our government so that it cannot do anything -- since politicians of both parties are only interested in harming us, anyway. This buys the American people time to form and create a party in support of a more perfect union: that is, a party in support of ending government taxing and spending as we know it and hitting the reset button on the Constitution. In the end, it's up to the people. The current politicians have to go. |
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Daily Dose of Reason -
Quotations
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Written by Michael J. Hurd, Ph.D.
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Tuesday, 02 March 2010 00:00 |
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 "Whoever is fortunate enough to be an American citizen came into the greatest inheritance man has ever enjoyed. He has had the benefit of every heroic and intellectual effort men have made for many thousands of years, realized at last. If Americans should now turn back, submit again to slavery, it would be a betrayal so base the human race might better perish."
-- Isabel Paterson from "The God of the Machine" |
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Daily Dose of Reason -
Politics & Government
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Written by Michael J. Hurd, Ph.D.
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Monday, 01 March 2010 00:00 |
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 A study by Obama-supporting economists Romer and Romer found "no support for the hypothesis that tax cuts restrain government spending; indeed ... tax cuts may increase spending. The results also indicate that the main effect of tax cuts on the government budget is to induce subsequent legislated tax increases."
This is because major tax cuts, as supply-siders claim, stimulate more private economic growth and therefore provide government with more money to spend. This is precisely what happened in the 1960s and 1980s when tax cuts led to greater prosperity, but also greater government spending and ultimately deficits. These Obama economists are dishonestly leaving out this important fact, implying that tax cuts are bad (from a limited government point-of-view) because they lead to greater government spending. Under liberals and (sadly) under conservatives as well, you can always be sure of one thing: Government will continue to expand and spend more. If government stimulates the economy by lowering taxes and reducing regulation, then government will take that extra money from the economy and spend it on political pet projects and programs; or, in cases like right now, when government is strangling the private economy through the threat of massive expansion, major controls and huge tax increases, government will likewise spend more and more. The common denominator is that government likes to grow. The time has arrived to stop looking to government (and that includes flaky "conservatives," including newly elected ones from Massachusetts) to solve our problems. Government IS the problem. The people have to bring their government into line; not the other way around. |
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