It won't be the first time I write it, nor likely the last. But Republican officials in Washington D.C. cannot hope to return to power simply by pointing out that they aren't as socialist as the Democrats. A vital piece of a successful 2010 and beyond involves the need to unite aggressively behind an affirmative platform of fiscally responsible government reform. Robert Romano on the Americans for Liberty blog brings our attention to a specific bill that represents a golden opportunity to do right by the taxpayer:Most of the financial bailouts have been conducted by the Federal Reserve, and on February 26th, Congressman Ron Paul introduced the legislation that would require an audit of the Federal Reserve Board of Governors and the … [Read more...]
Blago and Bailouts Connected in Anger-Inducing Big Government Theme
Economist Steve Horwitz ties the thread between the two mammoth stories running through the blogosphere right now (H/T Brian Doherty, Reason):I can't help but note that yet another politician is indicted on corruption charges at the very same time we are handing over unprecedented power to the political class as we partially nationalize the banking system and, apparently, the Big Three auto companies. I simply do not understand how those who are in favor of giving government all of these new powers because they sincerely believe that doing so will work out the way their blackboard designs intended can keep a straight face. What kind of cognitive dissonance must it take to believe that the people YOU are handing power over to are "not … [Read more...]