“The government has no business running these [auto] companies because the government does not know how to run these companies. That’s not government’s job.” –Carly Fiorina, businesswoman and former CEO of Hewlett-Packard How refreshing–and true! I would only add: Government … Continue reading
The current American President called terrorist-sponsoring Iran a “great civilization” and proclaimed it has “earned the respect of the United States and the world.” Here’s an alternative view from Iranian dissident Kianoosh Sanjari. “Mr. President,” wrote Sanjari last January 20, … Continue reading
In order to preserve and expand government programs such as Medicare, Social Security, and all the new ones being proposed, government must have money. A poor country could not create programs because there would be no capital to tax and … Continue reading
“President Obama” is the result of people recognizing, correctly, that they need a leader — and incorrectly assuming that ANY leader will do. Obama looks, talks and speaks like a leader, if you pay absolutely no attention whatsoever to any … Continue reading
Much has been written lately about whether America is becoming a socialist country. Socialism refers to the economic and social system in which everything is owned by the government. Nobody has been writing about whether the United States has become … Continue reading
Q: Dr. Hurd, I read with interest your opposition to Obama’s economic program, and government intervention in the economy more generally. My question is this: If you don’t want Obama’s plan, what would you do–what would you support? A: I … Continue reading
New York University undergraduate and economics student Zachary Caceres wrote the following in response to his college newspaper’s sympathy to government intervention in the economy. To Jessie Yoh: I enjoyed your column on Nationalization in today’s WSN. However, I think … Continue reading
A web site visitor (name withheld) who is sympathetic to Dr. Michael Hurd’s views writes the following: The Country is infected with hopium and blind to the reality of the situation. The masses (I was going to say stupid masses … Continue reading
A growing number of “elites,” including Bill Clinton, are calling for a return of the “fairness doctrine” to talk radio, a sure indication that Congress and the new President will soon be taking on this issue. Supporters of the “fairness … Continue reading
Politicians say “stimulate spending.” This sounds like a good idea if you’re not a critical thinker. If you THINK for all of three seconds, you’ll soon recognize that it’s government doing the spending, with money government took from private individuals. … Continue reading
“The main lesson we have learned from the New Deal is that wholesale government intervention can–and does–deliver the most unintended of consequences. This was true in the 1930s, when artificially high wages and prices kept us depressed for more than … Continue reading
If the government borrows the money for the stimulus, then it will either have to print money later or raise taxes to pay it back. If the government raises taxes to pay for the stimulus, it will, in effect, be … Continue reading