Free Market

Ron Paul’s Bittersweet Symphony

November 20th, 2009 12:51 pm  |  by Marc Gallagher  |  Published in Big Government, Commentary, Constitution, Federal Reserve, Free Market, Liberty, Maven Commentary, Politics, Ron Paul, congress  |  10 Responses

When all the high-fives, handshakes, and hip-hip hoorays finish dying down a bit of reality overcomes the Ron Paul, anti-Fed faithful. In order for Ron Paul’s full Federal Reserve audit to become law it requires Paul to swim in uncomfortable waters. He must compromise his principles. So the celebrations must be tempered with the hard truth that is DC politics. It is indeed a bittersweet symphony.

Ron Paul’s efforts at having HR.1207 voted on as a standalone bill never really had a chance. Instead, it will arrive to the House floor attached to Barney Frank’s little boy, his comprehensive financial regulatory reform bill. The draft legislation grants new powers to the Federal Reserve and creates more regulatory controls over the market. If the free market is god, this bill is the devil. However, the bill will now have something good attached to it now that HR.1207 was added to it as an amendment.

Ron Paul makes a name for himself by always considering the Constitution while weighing his votes. Should Paul supporters expect him to don his Dr. No mask when his 30+ year fight against the central bank finally comes to a vote on the House floor? Will Paul vote against auditing the Fed because it is attached to an obviously unconstitutional bill? The libertarian purists among us may expect him to do so, but I expect him to vote for the evil to get the good. In fact, I would expect most if not all Paul supporters will give him a pass on this one. Tell us what you think in the comments section to this article.

He has already indicated what he will do in his press release covering yesterday’s committee vote:

“While HR 3996, if passed, will grant sweeping new powers to the Federal Reserve, at least with this amendment attached, it won’t be acting in secret anymore. This is a major victory for Federal Reserve transparency and government accountability. I am very grateful to Congressman Bachus and all the other Members who were so supportive and helpful in this effort,” stated Congressman Paul.

An argument could be made (and Paul seems to be implying it by his quote) that the financial regulatory reform bill is going to pass anyway and with Paul’s audit included in it, the bill’s attack on the free market will be softened. If they gut Paul’s amendment (like Mel Watt and Barney Frank tried to do in committee) as it moves closer to a floor vote it wouldn’t be shocking to see Dr. Paul morph into Dr. No once again.

So it is certainly bittersweet, but at least it’s not all bitter and no sweet.

——————————————-

UPDATE: It looks like Paul will still push for a separate vote on HR.1207 as a standalone bill. I don’t think those in power will let it happen, but I never thought his bill would get as far as it has already, so we’ll see.

The Health Reform Town Hall Meeting — The Non-Musical

November 18th, 2009 10:24 pm  |  by Marc Gallagher  |  Published in Activism, Big Government, Free Market, Health Care, Humor, Liberty, Market Regulation  |  0

This nifty short play is a reaction to the pending health care reform efforts being pushed by our lawmakers. Sometimes you reach a point when laughing is all you can do because it “hurts” less.

This was submitted to us by author, Clyde James Aragon. He writes:

THE HEALTH REFORM PLAN TOWN HALL MEETING – THE NON-MUSICAL is a ten-minute comedy play about the health care ‘reform’ bill and is a humorous way of looking at a very scary situation. Curious, but informed citizens, meet at a town hall meeting to ask questions of their representatives on Health Care Reform.

This play is being distributed free of charge and the author, Clyde James Aragon, only asks that should it be performed, no admission be charged and that the author be given credit as having written it.

The author is an Albuquerque, New Mexico humor writer and can be reached at bookhumor@yahoo.com

You may also download the PDF here for printing out and potentially performing it at your next Tea Party event.

————————————————————-
THE HEALTH REFORM PLAN TOWN HALL MEETING
- THE NON-MUSICAL -

a one-act play by © Clyde James Aragon

CAST OF CHARACTERS:

REPRESENTATIVE BULLHORN
REPRESENTATIVE FLOWMASTER
CITIZEN #1
CITIZEN #2
CITIZEN #3
CITIZEN #4

COMEDY: 10 pages. 6 characters to be played by: 3 men; 3 woman.

SYNOPSIS: Curious, but informed citizens, meet at a town hall meeting to ask questions of their representatives on Health Care Reform. This is a ten-minute comedy play about the health care ‘reform’ bill and is a humorous way of looking at a very scary situation.

PROPS: 6 folding chairs

* * * This play is being distributed free of charge and the author, Clyde James Aragon, only asks that should it be performed, no admission be charged and that the author be given credit as having written it. * * *

**************

THE HEALTH REFORM PLAN TOWN HALL MEETING
- THE NON-MUSICAL -

a one-act play by Clyde James Aragon

(on a bare stage, two politicians, seated in folding chairs, face four citizens intent on asking the politicians questions on their health reform plan)

CITIZEN #4 (addressing the audience and then sitting down): The other day there was a town hall meeting in Montana over the new health reform bill which was presented by House Speaker Nancy Pelosi and passed by the House of Representatives. The public was invited and allowed to ask questions of the two members of the House of Representatives, Representative Bullhorn and Flowmaster, who showed up. Many things were said and, after adjourning quietly after three hours of questioning, these excerpts were extracted from the minutes of that meeting:

CITIZEN #1 (raising hand and then speaking): Representative Bullhorn, the new House health care plan is almost 2,000-pages long. How do you expect anyone to read it, let alone understand it?

Read More »

Ron Paul ROCKS on CNBC Squawk Box

November 13th, 2009 9:26 am  |  by Marc Gallagher  |  Published in Activism, Bailouts, Banking, Big Government, Debt, Economics, Federal Reserve, Free Market, Market Regulation, Money, Ron Paul, congress, gold, gold standard, government spending, inflation  |  5 Responses

Ron Paul took his anti-Fed, anti-regulatory, pro-transparency message to the CNBC Squawk Box crew today. This is another winning appearance from Ron Paul. He outlines his views fairly well and makes extremely good arguments for his side of the Fed transparency debate.

His appearance was so positive that they end up telling him that he should come on the show as a special guest (as they have from time to time) for the full 2 hours of the show. Paul makes a joke in response. Check it out below.

Peter Schiff, John Stossel, Ron Paul, Rand Paul on Glenn Beck w/ The Judge

November 6th, 2009 11:24 pm  |  by Marc Gallagher  |  Published in Big Government, Constitution, Economics, FOX news, Free Market, John Stossel, Libertarianism, Liberty, Market Regulation, Money, Peter Schiff, Ron Paul, andrew napolitano, government spending, inflation, rand paul  |  3 Responses

Earlier today Judge Andrew Napolitano was the guest host on the Glenn Beck show. Four liberty-loving guests appeared on the show with the Judge. Peter Schiff, John Stossel, Ron Paul, and Rand Paul all appeared. When the Judge hosts Beck’s show it almost turns into an episode of Freedom Watch.

If you don’t know what Freedom Watch is then please check out http://freedomwatchonfox.com/. It’s an online only show hosted by the Judge catering to freedom-loving people everywhere.

Check out the excellent discussions from the show today below.

Ron Paul talks elections, economy, health care and more on Fox

November 4th, 2009 9:00 pm  |  by Marc Gallagher  |  Published in Activism, Big Government, Constitution, Economics, FOX news, Federal Reserve, Free Market, Health Care, Liberty, Market Regulation, Money, Ron Paul, congress, government spending, inflation  |  0

Ron Paul appeared on Fox Business News tonight with David Asman on the “Nightly Scoreboard”. They discussed several topics in a nearly 10 minute segment. As usual, Ron Paul just delivers the truth.

Republicans are losing the health care debate

October 30th, 2009 7:33 pm  |  by Marc Gallagher  |  Published in Big Government, Civil Liberties, Commentary, Free Market, Health Care, Liberty, Market Regulation, Maven Commentary, Socialism  |  10 Responses

The House Democrats released their latest attempt at a health care bill yesterday. Feel free to read all 1990 pages of it here in PDF form. I’ve been perusing it all day long because I, apparently, enjoy pain. So much pain that I’m starting to feel sick. Man, they better pass this bill soon or I may die.

Well, that’s what they want you to think. I want to know why the debate is now all about whether or not there should be a public option and little else? This shows us how Obama and his fellow looters are now firmly in the lead on this debate. The argument is no longer about whether we should have the government more involved in health care, but whether the government should provide health care.

The question is no longer “why are we doing this?” Instead, the question is “how do we do it?”

If Pelosi has her way, this is how:

The new House proposal is similar to one drafted by Democrats months ago. It requires Americans to buy health insurance by 2013 or pay a fine, creates a government-run program similar to Medicare to compete with private insurers and lets 15 million additional people enroll in Medicaid by easing eligibility requirements.

But in an effort to make the bill more appealing to moderates in her party, Pelosi altered some of the fine print. The proposed government-run “public option,” for instance, would negotiate for how much to pay doctors and hospitals rather than relying on government-set rates, as Medicare does.

Echoing concerns raised by his Republican colleagues, Rep. Dave Camp of Michigan said the bill’s heft, at 1,990 pages, indicated how it would expand the government’s role in health care: “Families will face higher taxes,” he said.

Replacing the above word “higher” with “astronomical” would be more honest. One need not read past page 4 (3d) to find the most offensive words to free market liberty loving Americans:

initiates shared responsibility among workers, employers, and the Government; so that all Americans have coverage of essential health benefits.”

The word “initiates” should be replaced with the more honest word, “forces”. This phrase is a pure unadulterated call for socialism. When you force someone to share, it’s no longer sharing. It is theft, well-intended theft, but theft nonetheless.

Why do we get put in jail if we steal money to give to the poor yet it is perfectly fine for the government to do it without repercussions? I suppose the answer is: they own the jails.

Why do we get put in jail if we murder someone yet it is perfectly fine for government troops to kill people?

Are government humans more special than civilian humans? They seem to be able to operate outside the scope of morality.

The bill would establish a new federal government department inappropriately called the “Health Choices Administration” with the “Health Choices Commissioner” at the head. I can’t wait for their ad slogan to come out: “The Health Choices Administration: Be Nice, we can choose whether you live or die!”

Under this bill the Health Choices Commissioner has the power to regulate a new “market” they call the “Health Services Exchange”. This is the so-called new “free market” where the government public option health care is to compete with private health insurers. Yet somehow this is supposed to allow private insurers to compete on a level playing field? Please.

This bill becoming law would signal the end of private health insurance. It is only a matter of time before the public option will be the only option.

The government owns the jails now. The government tells you what you can put in your body. With socialized medicine the government is just continuing its assault on individual liberty. There is no “I”, only “We”.

Ron Paul vs. Michael Moore on Larry King

October 29th, 2009 11:08 pm  |  by Marc Gallagher  |  Published in Big Government, Civil Liberties, Commentary, Constitution, Foreign Policy, Free Market, Health Care, Liberty, Market Regulation, Ron Paul, War, congress, terrorism  |  23 Responses

Ron Paul appeared on Larry King Live tonight following Michael Moore to refute (and agree) with some of what Moore said. It was a very good appearance by Paul. He spoke about health care, foreign policy, and the difference between capitalism and corporatism.

Check it out below.

Lecture by Jake Towne – Why the Stimulus Plan Will Fail (and a Better Alternative)

October 17th, 2009 6:36 pm  |  by Jake Towne  |  Published in Big Government, Federal Reserve, Free Market, Liberty, Market Regulation, Money, Politics  |  3 Responses

On October 15, 2009, I gave a lecture at Moravian College in Bethlehem on the horrendous economics of the stimulus plan, and why free market solutions will work far better.  An MP3 is not yet available, but a PDF is here.  The video playing prior to the lecture is below.  This is only the latest in a series of economic lectures, including on the financial crisis.  If you are interested in having me speak with your group, feel free to contact the campaign from the TowneForCongress.com home page.

First, I want to reassure everyone this talk will not be a campaign speech; its based on an economics article that I wrote in January 2009, before the stimulus plan was passed and before my candidacy – although I am from Nazareth, which by the way, was the original settlement the Moravians founded when they arrived from their failed colony in South Carolina – at the time I was living in Shanghai.

Regardless, these days when one looks at the economy, you must clearly also factor in the interventions by government. So much so, it is a wonder that the field has not yet been renamed “governomics.”

Read More »

Liberty Candidates 2010: The Year of HOPE

October 17th, 2009 6:33 pm  |  by Jake Towne  |  Published in Banking, Civil Liberties, Economics, Election, Foreign Policy, Free Market, Liberty, Money, Politics, congress, government spending, national debt  |  0

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and our wealth are in jeopardy.” – Dr. Ron Paul

Originally published October 16, 2009 at http://towneforcongress.com/economy/liberty-candidates-2010-the-year-of-hope-1

Ever wonder what happened to that sense of hope and change that most of the voters in the United States were swept up by last fall?

America does need “hope.” America does need “change.”

However, the mainstream Republican and Democratic party machines are both repeating like bad records – “more spending, more taxes, more war, more debt.”

If you flip the record, all you hear is “less liberty, fewer jobs, less prosperity.”

Why doesn’t America consider a sound money and slashing federal spending?

Why doesn’t America consider auditing and cutting back the powers of the ruinous FED?

Why doesn’t America consider destroying the IMMORAL and UNNECESSARY federal income tax?

Why doesn’t America consider a different foreign policy – where there is third choice besides bombing or economic sanctions? Why not replace the blowback our foreign policy has resulted in with a little love and peaceful trade?

Read More »

Ignorance Is Bliss

October 16th, 2009 3:01 pm  |  by Mike Miller  |  Published in Banking, Debt, Economics, Free Market, Market Regulation, Money, Peter Schiff, Politics, government spending  |  0

Peter Schiffby Peter Schiff, president of Euro Pacific Capital and author of Crash Proof 2.0: How to Profit from the Economic Collapse

While all the talk at present is about economic corners turned and markets charging ahead, no one is paying much notice to an American economy deteriorating before our eyes. These myopic commentators seem to be simply moving past the now almost-universally held conclusion that before the crash of 2008, our economy was on an unsustainable course. If these imbalances had been corrected, then perhaps I too would be joining in the euphoria. But evidence abounds that we have not veered at all from that dangerous path.

Last week, the Bureau of Economic Analysis reported that consumer spending as a percentage of U.S. GDP has risen to 71%, a post-World War II record. This level is notably higher than other wealthy industrialized countries, and vastly higher than the levels sustained by China and other emerging economies. At the same time, our industrial output is contracting, our trade deficit is expanding once again (after contracting earlier in the year), and our savings rate is plummeting (after an early year surge).

The data confirms that government stimuli are worsening the structural imbalances underlying our economy. The recent ‘rebound’ in GDP is not resulting from increased economic output, but merely from the fact that we are borrowing more than ever. That is precisely how we got ourselves into this mess. An economy cannot grow indefinitely by borrowing more than it produces. Not only is such a course untenable, but the added debt ensures a deeper recession when the bills come due.

This soon-to-be-called depression will not end until the pendulum of consumer spending habits swings violently in the other direction. This will be a jarring change, but it is the splash of cold water that we need to return our economy to viability. I believe that consumer spending as a share of GDP will need to temporarily contract to roughly 50% of GDP, before eventually moving toward its historic mean of 65%. Such a move would indicate a restoration of our personal savings, a decline in borrowing and trade deficits, and an increased industrial output. That would be a real recovery.

In the meantime, the higher the spending percentage climbs, the more painful the ultimate decline becomes.

Read More »