Say it Loud, Say it Proud

Arthur C. Brooks, president of the American Enterprise Institute, asserts in today's Wall Street Journal, "Advocates of free enterprise must learn from the growing grass-roots protests [tea parties], and make the moral case for freedom and entrepreneurship." In other words, conservatives must stop being defensive, and take the offensive. Profiting from one's useful ideas or creations is indeed moral, and it is legitimate for people to trade their labor to such a person for compensation. What is not moral is for people who have voluntarily made this exchange and benefitted from it to believe that they have some entitlement to the profits from what the entrepreneur has put at risk. And this immoral entitlement mentality is at the bottom of Obama-ism, which is synonymous with socialism, or, if you like, communism. As the great Dr. Walter E. Williams repeatedly points out, redistribution of wealth is "legalized theft." It is not moral, it is not compassionate, it is not productive. Socialism is a discredited, failed, misleading philosophy based on people's weakest impulses--not their strengths--and on false promises. Capitalism, on the other hand, is the most effective means ever harnessed for creating and spreading prosperity. Capitalism works; socialism only creates misery and unearned comforts for the elitists who peddle it. (Think Al Gore.) This is what we need to say, constantly, loudly and proudly.

Ask your liberal friends how socialism has worked out in the Soviet Union, Cuba and North Korea. Would they like to live in those places? When they bring up Western Europe, remind them that those nations have had the luxury of lavish social benefits because we, the evil United States of America, have protected their rear ends from all threats and attacks since World War II, which we ruthlessly won in a most effective way, by the way. Champion capitalism and freedom!

1934 cartoon (Here we go again!)

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Too big to fall

Dick Morris reports: On April 2, 2009, the work of July 4, 1776 was nullified at the meeting of the G-20 in London. The joint communiqué essentially announces a global economic union with uniform regulations and bylaws for all nations, including the United States. Henceforth, our SEC, Commodities Trading Commission, Federal Reserve Board and other regulators will have to march to the beat of drums pounded by the Financial Stability Board (FSB), a body of central bankers from each of the G-20 states and the European Union.

The mandate conferred on the FSB is remarkable for its scope and open-endedness. It is to set a "framework of internationally agreed high standards that a global financial system requires." These standards are to include the extension of "regulation and oversight to all systemically important financial institutions, instruments, and markets...[including] systemically important hedge funds."

Note the key word: "all." If the FSB, in its international wisdom, considers an institution or company "systemically important", it may regulate and over see it. This provision extends and internationalizes the proposals of the Obama Administration to regulate all firms, in whatever sector of the economy that it deems to be "too big to fail."

My conclusion: The idea that certain companies are "too big to fall" is Lenin's concept of the "Commanding Heights." Apparently the world is now run by a cabal of genuine Marxists. Can the Antichrist be far away?

Armed for freedom

Those who hammer their guns into plows will plow for those who do not. ~ Thomas Jefferson

• An armed man is a citizen. An unarmed man is a subject.
• If guns cause crime, then pencils cause misspelled words.
• Criminals love gun control; it makes their jobs safer.
• Free men do not ask permission to bear arms.
• Guns have only two enemies: rust and liberal politicians.
• The Second Amendment is in place in case the politicians ignore the others.
• Gun control is not about guns; it's about control.
• Only a government that is afraid of its citizens tries to control them.
• You have only the rights you are willing to fight for.