Democrats in GOP Clothing

Straw, Last.

Coleman voted for the central-planning, economic-tinkering, flat-out socialist housing bill today. I hadn't gone on the record as to whether I was actually going to vote for Senator Coleman, but am ready to do so now: that'd be a negative.

I Was Right When I Said "He Was Right"

By New York Magazine's standards at least, and for what it's worth, as they listed four prescient gurus on the economy yesterday, including Ron Paul:

“I think we are maybe 10 percent into this crisis. The economic distortions have been building for longer than we’ve seen in the history of the world. Never have we had such confidence falsely placed in a reserve currency.”
—Ron Paul, former presidential candidate, who advocates a return to the gold standard

Now You Know He Was Right, Part II

IndyMac

Freddie Mac

Fannie Mae

10% + Inflation

Bear Stearns

Monetized Debt

Artificial Interest Rates

Consumer Credit / Irrationally Exuberant Consumption

Upside-Down Mortgages/Foreclosures

$1,000,000,000,000 Bubble Debt Write-offs

Nationalization of Financial Services

Banks Too Big To Fail / Social Security Too Big To Save

Where's Your Money?

If It's Still There Tomorrow, Will It Buy A Gallon Of Gas?

~ ~ ~ ~ ~

Or to put it another way, Charles Osgood's Sunday Morning, this morning:

"Now You Know He Was Right"

Goldwater fans posted billboards with that slogan after he was defeated by LBJ, a play on Goldwater's campaign slogan,


"In your heart, you know he's right."

I'd kill to get my hands on a picture of one of those post-election billboards. I remember seeing such a picture -- I think -- in a biography I read of Goldwater over a decade ago.

Say, Barry Goldwater was one handsome devil.

Where Conservatism Has Gone Wrong

Congressman Mickey Edwards came out of the Goldwater movement (as did many others, which is why I always say the history books are wrong -- Goldwater did NOT lose; he won much for the cause of liberty) and served as a Congressman from Oklahoma for sixteen years. He does a great job explaining how the GOP has gone off track in this interview with Bill Moyers on Friday:

http://www.pbs.org/moyers/journal/07112008/watch.html

(Unfortunately I don't see a way to embed this video. But do click. This one's worth watching.)

Ron Paul questions Treasury Secretary Paulson

Thursday, July 10

Freedom isn't always obvious

I've been listening to this bird stuck in my screen porch all morning. An hour ago I opened the door so it could find its way out. But there it still persists, banging away at the same place in the screen, trying the same old thing, putting more and more effort into it, while behind it lies the open door to its independence.

Update 8:04 AM Darn. It was so close to the door, a foot away, then it reverted to the farthest location, where it had been before. Freedom was within its grasp, but it failed to nominate, er, see that potential. Will it have another chance before it grows too weak from flailing in its perceived captivity?

Ron Paul on Fox Business News Yesterday

Ron Paul discusses how the dollar bubble, income taxes, and our foreign policy are affecting the economy. (July 2)