Moral Problem with Taxation

I recall a conversation I had with my brother-in-law, who is left-leaning and a solid Democrat.  I was trying to explain why I viewed taxation as immoral.  My slant was something like this: if taxes are good and beneficial, then individuals would pay them voluntarily.  Why force me to put my money where I would [...]

On the Stimulus Plan

The much-discussed stimulus plan is one amazing piece of legislation.  Has there ever been one single piece of legislation to rival it in its scope and cost?  Some estimate its eventual cost to be $3 trillion.
There is something very backwards and contradictory about the mainstream Keynesian economic assumptions behind the bill: the government is somehow [...]

On Obama’s Mortgage Rescue Plan

I’m no expert.
But economics shouldn’t be (and really isn’t) about smoke-and-mirrors, or complicated terminology and formulae understandable only by the intellectual elite.
It’s about individuals acting freely, and efforts hampering their free actions.
In this case, one effect of the recently-discussed mortgage rescue plan effectively props up housing prices.
A market economy is all about using prices to [...]

Not Billy Graham’s Prayer

I found this emailed to me yesterday, and thought it interesting enough to share:
“Heavenly Father,
We come before You today to ask Your Forgiveness and seek Your direction and guidance. We know Your Word says, ”Woe to those who call evil good,” but that’s exactly what we have done. We have lost our Spiritual equilibrium and [...]

On President Obama and Economics

Considering yesterday’s post, you may wonder whether I have some sort of vendetta or personal grudge against our president.  I do not.  I have a grudge against the welfare-warfare state, and since President Obama is heading it up, and bringing us more welfare and warfare, I am opposed, staunchly, to his policies which lead us [...]