For your edification:
An icon of a failed ideology and a ruthless executioner.
Johann Hari writes that “Che Guevara is not a free-floating icon of rebellion. He was an actual person who supported an actual system of tyranny.”
Day by Day:
Stumbled on this over at the Cato Institute.
I’ve listed five of the headlines. Each has a detailed description at their site. Go check it out.
1. The Federal Government Is Broke.
2. Spending Is the Problem.
3. State Infrastructure Is Well Funded.
4. A Keynesian Stimulus Ignores the Long Run.
5. Rising Federal Debt Is Fiscal Child Abuse.
Wednesday 17 December 2008
The U.S. economy is in recession, and federal policymakers want to help by applying some old-fashioned Keynesian medicine. They are considering a “stimulus” bill of up to $700 billion, with substantial spending going to state and local governments for infrastructure, Medicaid, and other activities. In the latest Tax & Budget Bulletin, Cato scholar Chris Edwards, gives 10 reasons that such subsidies for the states would be ill-advised.
- “10 Reasons to Oppose a Stimulus Package for the States,” by Chris Edwards (.pdf)
“I’ve abandoned free-market principles to save the free-market system,” [President George] Bush told CNN television, saying he had made the decision “to make sure the economy doesn’t collapse.”
How in the fuck can you fix something by abandoning it? Absolutely moronic. I have lost all respect for Mr. Bush. This was the last straw. I knew he was socialist lite, but didn’t expect this.
Free-market principles are what made this country as strong and vibrant as it is. Let the free-market work. Things always sort themselves out.