If you are a little confused by the Treasury plan revealed yesterday, let me do my best to explain it. Isn’t it great to gain an understanding of complex economic policy?
I don’t usually begin with the cartoon, but I thought this one was a wonderful lead-in. It exemplifies the simplistic ideas some people carry in their heads about how government works. “He’s president, isn’t he? So he can just make anything happen that he wants!” No, that’s called a dictatorship. The Founders set up a federal republic. It may not be as efficient. Things may not change instantly at the whim of man. But that’s the reason they set it… Read more »
Every so often I like to recommend a book. I’m about halfway through The Forgotten Man: A New History of the Great Depression by Amity Shlaes. Although I haven’t yet completed it, based on what I have read up to now, and on the numerous positive reviews of the book, I am confident I can recommend it without concerns that I will have to retract that recommendation by the time I have finished it. Some of you, I know, may… Read more »
After posting below on what I consider the phony outrage of congressmen this past week, I came across this essay from Mark Steyn, who is always a good read. If you haven’t had the opportunity to see it yet, I strongly encourage you to spend a few enlightening minutes with it. Steyn has the ability to make you think and laugh simultaneously—a trait that is most admirable.
For the record, I am not in favor of any business giving huge bonuses to people if that business is being propped up by taxpayer largesse. Failing businesses have no “business” handing out extra money to those who have contributed to their failure. Further, even though I oppose government bailouts of such businesses, if a bailout has occurred, there has to be oversight. Financial aid always should come with conditions. Yet there is almost a sense of comedy in the spectacle of… Read more »
Building on the concept that unions must be voluntary and that there must be internal unity before an external union can be successful, we can look at examples in certain nations. Remember the old Soviet Union? The official name was the Union of Soviet Socialist Republics—one of the most dishonest names imaginable. First, it wasn’t a true republic—that would have required representation and the protection of inalienable rights, ideas foreign to its government. Neither was it a true union as understood by this… Read more »
In politics, we are always hearing appeals for “bipartisanship.” That’s great in theory, but overlooks a basic reality. A Biblical prinicple that I call “unity and union” helps explain. Those two words—unity and union—are not the same. Unity is an internal voluntary agreement; union is the external joining of two or more things into one. External unions should be built on internal unity. They really need to be voluntary unions for them to succeed. Forced unions that lack unity will ultimately… Read more »