A MarketPlace of Ideas                        

The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
Marcus Tullius Cicero - 55 BC

Read the story of Cicero.   mmm….2000 years and nothing has changed.  We’re doomed. 

Why do you think that there will be any better use of bailout money than the money squandered during the boom.  Arguably it will be spread around less efficiency since the government is doing it and it is "easy money" even more ripe for abuse than the original cash.

"Money Quote" from Bernanke -  There will be no need for the federal reserve to monetize any of this borrowing I do not expect any additional inflation from this.  Dumb!

Ron Paul exchange with Ben Bernanke.    There will without a doubt be inflation because of this.  They are risking collapsing the system because everyone in a position of power is scared white of losing power.  This is a totally unhealthy way to live.

And Wall Street is only interested in getting their chestnuts pulled out of the fire.   As Ron Paul said "They are going to have to add a bunch of stuff into the bill to get it to pass"

You can not regulate yourself out of easy money.

The black churches do it all the time.  Yet the IRS never revokes or punishes them in any way, shape or form.

Are they special?  Do they have more rights than white churches?  If the government is going to selectively enforce this ban then it should be trashed.

If the IRS wants to keep this ban then they better get busy revoking tax free status of most the black churches in America.  If they try to revoke the status of the white church that is testing this ban before revoking the tax free status of the black churches they are going to look like fools for we all know what the black churches have been doing since at least the 60’s.

Likely you have heard this old adage about security and liberty.  The security they talk about is economic.  Things are likely to get tougher in the near future.   We are shipping too much money out of the country for oil.   We are too dainty to allow it to be drilled on our coasts and in ANWR.   Thus things will deteriorate more until the pain threshold is found. 

Many people will want to vote for the politician that says it will be ok if we only regulate this or tax that.  These are the unDemocrats who will say anything to get elected.  Say anything to get the power.  I would like to think you as an electorate will have the sense not to listen.  But I’m doubtful about this.  You listened in the past and you likely will in the future.   The problem is this sort of thing never helps economically and in fact damages something much more precious than your temporary economic circumstances and that would be your liberty.  I know this is true.  My favorite home away from home country is Brazil.   As currently constituted Brazil has a fully implemented form of government that the unDemocrats want to have here.  The people know their government and changing it is hopeless.  Nothing will ever change in that area and the Brazilians know it.   With liberty you can improve your economic circumstances.   With economic wellbeing you can not necessarily do diddly squat about your liberty.  I know its tough to be a good soldier.  You have to be brave.  And clearly about 50% of the population lacks any impulse toward liberty. Quite the opposite.  They lick their chops at the thought of another round of incremental carving up of liberty for the sake of financial gain. 

Remember losing a job is temporary.  Living in a land of curtailed liberty is pretty much for your entire lifetime.    So don’t be dour Gus Halls who secretly long for a beer, a recliner and a black and white television.   For an inspired life you have to dream of liberty.