McCain on the Campaign trail, referring to the massive Treasury power-grab:
“The first thing I would do is say, ‘Let’s not call it a bailout. Let’s call it a rescue,’” McCain told CNN. He said, “Americans are frightened right now” and political leaders must give them an immediate solution and a longer-term approach to the problem.
Yes, […]
From The Liberty Papers
Tags: Libertarian, Politics, Liberty, Freedom
First, no phone calls unless they’re hands-free. Now, no texts or emails on my Crackberry…
Starting January 1, 2009 a new law will go into effect where writing, sending, or reading a text-based communication while driving will be against the law for all drivers in California.
This new law applies to electronic wireless communications devices used […]
From The Liberty Papers
Tags: Libertarian, Politics, Liberty, Freedom
The first portion of Reason's Counter Debate is now available. I quite enjoyed listening to Bob Barr pointing out the economic nonsense of the two 'major' party candidates. My impression from the debate is I agree with Bob Barr on his economics and McCain on the war that is coming to an end. It is, however, economics which look to be the big worry right now. It is a shame Bob Barr was not invited….
From Samizdata.net
Tags: Libertarian, Politics, Liberty, Freedom
Watching the UK's Channel 4 programme tonight, hosted by Jon Snow, whose leftist views are easily discernible, I sensed an aspect of the coverage of the present financial turmoil that bothered me. Several times, during various back-and-forth questions with such luminaries as the left wing journalist Will Hutton and the Cazenove economist Richard Jeffries (I know Richard, he is a smart guy), Snow came up with the idea that instruments such as financial derivatives were…
From Samizdata.net
Tags: Libertarian, Politics, Liberty, Freedom
What follow is a somewhat edited version of a comment I left on a Hollywood gossip blog called JJ's Dirt. As the blog owner decided not to approve my comment (as is indeed his right of course, so no nonsensical bleating about 'censorship'… it is JJ's blog and any comments on his turf are quite rightly at his unconditional sufferance. His blog = his rules), so I thought I would post my comment here. As…
From Samizdata.net
Tags: Libertarian, Politics, Liberty, Freedom
Giving Bear Stearns Bank a bailout was vital - otherwise the financial system and the thing that unkind people call the "credit/money bubble", would have collapsed. Bailing out Fannie Mae and Freddie Mac was also vital - otherwise the financial system would have collapsed. Senator Dodd and and Senator Obama were not paid a fortune by Fannie and Freddie for nothing. And bailing out AIG was vital to - otherwise, again, the financial system would…
From Samizdata.net
Tags: Libertarian, Politics, Liberty, Freedom
The Cato Institute blog makes this observation: Some commentators are suggesting that the McCain campaign has panicked about Sarah Palin’s appeal, trying to cram her head with policy-wonkery and then hiding her in a closet when that didn’t work. Let Palin be Palin, they say — let her show her authentic self, the gun-totin’, family-raisin’, reformist governor that Alaskans love. Good idea. Let’s start with the bailout. Surely a rugged individualist reformer from way outside…
From Samizdata.net
Tags: Libertarian, Politics, Liberty, Freedom
Yours truly escaped from the credit crunch, his computer keyboard and endless work hassles to get some much-needed relaxation in the Greek island of Crete last week. I can strongly recommend it, although not all aspects of life in that island are an unalloyed joy (they seem to assume that British tourists want chips with everything). I noticed that the locals have an agreeably "f**k you" approach to things like any smoking bans in restaurants,…
From Samizdata.net
Tags: Libertarian, Politics, Liberty, Freedom
A few days ago, I tried to explain, in layman’s terms, how we ended up in this financial mess. I had this to say about the bailout:
We can debate whether or not this bailout should or shouldn’t occur (for the record, I’m against it), but in an election year, there’s nothing that’s going to […]
From The Liberty Papers
Tags: Libertarian, Politics, Liberty, Freedom
The House of Representatives is set to put yet another nail in the coffin of the free enterprise system on the 127th annversary of the birth of one of it’s greatest defenders.
From The Liberty Papers
Tags: Libertarian, Politics, Liberty, Freedom
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