Matthew Yglesias says:
What’s needed is a much more forceful, much more statist approach to forced savings, whether that’s quasi-savings in the form of higher taxes and more Social Security benefits or something like a Singapore-style system where “private” savings are pooled into a state-run investment fund.
It only takes two words to show that this is massively unwise: Chrysler bondholders.
There’s a type of welfare that many conservatives don’t seem to be as concerned about. We hear a great deal about welfare benefits for the poor and some about green energy subsidies but subsidizing the defense for wealthy allies gets very little attention from these critics (though in fairness, the chorus against tax payer dollars going to support countries that “burn our flag” has been getting louder as of late).
Flag burners or not, it’s time that America’s allies need to pay more of their fair share for their own defense. The infographic below illustrates just how much of the burden U.S. taxpayers shoulder.
In marking the passing of one of the staunchest defenders of capitalism who held high office, I thought it would be appropriate to post this video of Margaret Thatcher in which she defended her record against her Labour Party critics. In this video, her political opponents thought the income gap grew too much under her leadership. Listen to her answer. This is the sort of unapologetic defence of capitalism we need in leadership on this side of the pond.
Another interesting part of this video was her warnings against the idea of a central European bank and currency. It seems that she was quite prescient given the problems of the Euro.
Just about everyone has heard of the “gun show loophole” by now but there’s another gun loophole that some of the gun manufacturers themselves with to close: the police loophole.
What exactly is the police loophole? According to thepoliceloophole.com, this is the site’s definition:
There are some states, counties, cities, and municipalities in our great nation that fail to allow their citizens to fully exercise their right to keep and bear arms with restrictions such as magazine capacity or types of firearms. However, these government entities do not place these restrictions upon their own employees, such as police officers.
Now that the police loophole has been identified, what are the people behind the site planning to do about it? They have compiled a list which they describe:
This is a list of companies that have taken the step to publicly announce that they will not sell items to states, counties, cities, and municipalities that restrict their citizens rights to own them; therefore closing the “police loophole” themselves. It is important to note that we are against gun control; we are not against any particular government agency or individuals.
I cannot express how much I love this idea. So far, there are 136 firearms companies (primarily) on the list; 136 companies using a market approach to fight back against government at all levels that would infringe on the rights of an individual to bear arms. One might say they are “going Galt” by not selling their products to the very government that would disarm us. It’s a bold move and I’m sure this will cost these companies a good deal of money (who knows, some might go out of business…let’s hope not).
So if you are in the market for a new firearm, ammunition, magazine, or whatever, check the list and patronize these companies. And be sure to thank them for making this courageous stand against tyranny.
According to Ann Coulter, libertarians are “pussies” for wanting to end the war on (some) drugs and for agreeing with the Left on certain social issues such as gay marriage. Coulter was a guest on Stossel at the Students for Liberty Conference.
Coulter elaborated:
We’re living in a country that is 70-percent socailist, the government takes 60 percent of your money. They are taking care of your health care, of your pensions. They’re telling you who you can hire, what the regulations will be. And you want to suck up to your little liberal friends and say, ‘Oh, but we want to legalize pot.’ You know, if you were a little more manly you would tell the liberals what your position on employment discrimination is. How about that? But it’s always ‘We want to legalize pot.’
[..]
Liberals want to destroy the family so that you will have one loyalty and that is to the government.
Clearly, Ann Coulter hasn’t spent much time hanging around libertarians, going to libertarian events, or reading anything libertarians write. The war on (some) drugs is but one issue. The welfare and warfare state receives at least as much attention by libertarians as the war on (some) drugs. Libertarians have certainly been more vocal about the welfare state than the conservatives of her ilk. I suppose when we agree with her on these issues, progressives should say we are ‘sucking up’ to our conservative friends. It couldn’t be that we have our own principles (such as the non-aggression principle which neither the Left nor the Right practices) and our own reasons for having them.
And speaking of destroying families, what does she think the war on (some) drugs does to families? What about the “magnificent war” in Iraq (her words), war in Afghanistan, or war in general? I wouldn’t suppose war plays any role at all in destroying families. There are the multiple long deployments, soldiers coming home physically and/or mentally disabled, or worse, come home in a box. For all the concern about the destroying of families, one would think that Ann Coulter would want to be a little more careful about when troops are called to risk life and limb (maybe she should consider the Just War Theory ). I would further argue that the military adventurisim our military is engaging in is its own kind of welfare. Most of what our military does is defend other countries rather than ours.
When respoding to a question from a young woman in the audience asking Coulter why it’s any of her business what someone else puts in his or her body Coulter responded:
It is my business when we are living in a welfare state. You get rid of the welfare state then we’ll talk about drug legalization but right now I have to pay for, it turns out down the pike, your healthcare. I have to pay your unemployment when you can’t hold a job. I have to pay for your food, for your housing…
Coulter went on to say that if not for the welfare state, she would be okay with legalizing drugs.
What does she think incarceration does? When someone is incarcerated, s/he is quite literally being housed, fed, and provided healthcare at the taxpayers’ expense. In California, it costs taxpayers $75,000 per year for each inmate. As terrible as the welfare state is (and yes, it is terrible), I cannot imagine that ending the war on (some) drugs would be any worse for taxpayers as what drug prohibition has done. The drug war costs state and federal government over $30 million per day.
If Ms. Coulter wants to talk about people not being able to hold a job she should consider what wonders a criminal record does for a person’s job prospects. All too often, the only kind of job an ex-con can get is selling illicit drugs which s/he will eventually get arrested and be incarcerated once again. For some repeat drug offenders, the thought of going back to jail or prison isn’t much of a deterrant. It’s ‘3 hots and a cot’ plus security and structure (believe it or not, there are some people who don’t know how to live outside of prison).
Far from being pussies, Ann Coulter, we libertarians have the balls to be consistent in our criticism of the welfare state. Yes, Ann, we should join hands in opposing Obamacare, the out of control welfare state, and reckless spending. Rather than providing drug users food, housing, and healthcare via incarceration, why not join with us and say that everyone should be responsible for their own lives?
With freedom comes responsibility. Is that manly enough for you?
