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The U.S.’ Great Leap Backward

I found this old, half-written post in my drafts, dated January 24, 2009:

It gets more fascinating by the minute, with the “unchartered” economic waters and the New Left controlling the White House (and the House and Senate). Watching the inauguration, I was momentarily hopeful that Obama will prove to be a centrist leader, a […]

Health Care Is Not a Right

John David Lewis (via RealClearPolitics.com) on the rising cost of health care: “Those who want to see an end to spiraling medical costs should challenge the premises behind the government interventions.” […]

Steyn: Health Care Is Liberty Issue

I hope Obama’s health-care bill does not pass, but I don’t want it to fail because the costs are insane — (the Congressional Budget Office estimates the proposed plan will cost over $1 trillion over the next five years). I don’t want any government plan for health care. I oppose state-run health care because it is a leftist power grab that comes from people who only want more power over others. […]

Obama-Gates Very Revealing

This is an excellent article by Michelle Phillips at Spectator.com on Obama’s reaction to the arrest of Henry Louis Gates by Cambridge, Mass. police. […]

We are all Iranians

I’ve been watching this story on Iran’s “election” build for weeks now; and I, like everyone in the U.S. just assumed that Friday’s vote would come and go and that Ahmadinejad would be reinstated, as dictators always are, and that would be that.

Then, when I started to see images on blogs of rallies starting […]

Gary Kaltbaum Let’s Loose: Government Needs to Get Out of the Market’s Way

Part II: Why Obama Scares MeI’ve been remiss in my blogging but that doesn’t mean I haven’t been following current events closely. I’m in shock. I can’t believe how fast the Obama Administration is moving toward a socialist economic system. I’m outraged that the Bush Administration set the stage. It seems like yesterday I wrote […]

Lewis: Wall Street’s Era Ends

Michael Lewis, author of Liar’s Poker, a semi-autobiographical account of working on Wall Street in the 1980s, has a great article in the December 2008 issue of Conde Nast’s Portfolio.com that dissects the current economic meltdown. [hat tip: Christian Tedrow]

Lewis has a unique perspective on the psychologies of the players, their self-delusion, hubris, utter […]

Ronald Reagan’s Republicanism

There’s an interesting piece at Reason magazine online — an interview conducted in July 1975 with Ronald Reagan. In it, Reagan described his brand of conservatism as libertarianism while correctly identifying the problem with the Libertarian Party — that it engenders anarchy, which ultimately leads to totalitarianism:

REAGAN:  If you analyze it I believe the […]

Big Lizards on Fannie, Freddie and Frank

I think it was Woody Allen who once observed (and I’m not sure in what film) that everybody in the world is insane except you and me — and I’m starting to have my doubts about you. Well, it’s official.

And in honor of these strange days, I am adding Big Lizards to my blog […]

FDIC Alternative to Bailout?

William M. Isaac, chairman of the FDIC from 1981 to 1985, also thinks the current bailout is unnecessary. He thinks the current crisis can be calmed instead by “regulatory actions” that would not require a “raid” on taxpayer’s money. In his article, A Call To Arms, he writes:

In my view, if the FDIC were to […]