Free Market // Current TV

The Morality of Capitalism (by Jeffrey Tucker)

Most people acknowledge, if only begrudgingly, that capitalism does produce... more

Radical_Centrist
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9 days ago
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3 comments

The Truth About American Capitalism

Romney, Santorum and the other right-wingers who try to define the intended American... more

StewSteve
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24 days ago
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0 comments

"The Great Extermination:The Middle Class in America"

Wealth and power are rapidly becoming concentrated at the top and the large global... more

mab001
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4 months ago
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The Republican Party: The Party of Big Government

http://1lovejoy.wordpress.com/2011/01/31/the-republican-partythe-party-of-big-government/

Ever since I could remember, the Republican Party always accused the Democratic Party of being a bunch of ‘tax and spend liberals’. This strategy continues to serve the Republican Party well to this day. However, those in the know can rebuke this agreement to its core. If you are a conservative, you may want to take a seat before you continue to read this blog.

Since the advent of the twentieth century, almost all Republican administrations’ have expanded the role of government. By expanding the role of government, they raise the national debt to unparalleled proportions. Most people are under the illusion that Republicans reduce the role of government in our lives. However, I beg to differ because I have history and economics on my side.

First, The Reagan Administration ran the deficit up to it highest level. The reason is that he put all the money into defense spending and cutting taxes for wealthy Americans and Corporations. He called this theory “Trickle Down Economics”. This theory states that the very rich will benefit the most which will then give the economy a boost to provide for the rest of us poor souls. Needless to say that history proved this theory a disaster. In 1980 when George H.W. Bush (41st) was running as a Presidential Candidate for the Republican Party (he later became Ronald Reagan’s Vice President) he said that “Trickle Down Economics” was “Voodoo Economics”. How prophetic those words had become because on October 19th 1987, the stock market crashed (the day was soon to be called “Black Monday”). It took two years for the economy to recover. Consequently, George H.W. Bush became the 41st President of the United States and followed the same “Voodoo Economics” his predecessor had created. However, it was those same principles that cost him the 1992 Presidential Election.

In 2000, President Clinton’s Administration cleaned up all the damage that the Reagan-Bush Administration did to the American economy. The Clinton Administration used common sense and cut wasteful spending in all government departments. This truly was the age of a meaner, leaner government that the Republicans always preached about but was carried out by a Democrat. The U.S economy hadn’t had a surplus since President Andrew Jackson (the seventh President of the United States, a Democrat).

The economic future looked bright until the flawed election of George W. Bush (43rd). He inherited a surplus and he spent it just as fast as he could on two wars, expansion of more government agencies, tax cuts, and a bunch of tireless wasteful spending. And before you knew it, we had another record deficit that exceeded the Reagan-Bush Administration combined. Moreover, Bush 43rd Administration failed to do what was necessary to stop the “Great Recession”. In addition, Bush 43rd administration enjoyed a majority Republican Congress that approved all of his budgets with no questions asked.

Recently the American people elected a Democrat (President Barack Obama) to get us out of the mess that we allowed another Republican Administration to get away with. When will the American electorate learn that the real party of tax and spend is the G.O.P. and not the Democrats? As history as a guide, it does not look good for the Republican Party. And I didn’t even mention the S&L bailout involving the Bush Family when Bush 41 was President.

The current Republican Party is good on several issues; fighting the culture wars, starting wars, lowering taxes for the very wealthy and corporations, misinformation of facts, and raising the national debt. In a nut shell, that is the Republican Party. And we, the American Public are to be blamed. When things are good we elect a Republican but when things go shitty we elect a Democrat to get us out of our economic fix. We demand more from Democrats than from the other party in a shorter time. This is totally unfair at every level.

Haven’t we learned anything about the Republicans/Conservatives? They care about their bottom line. They will use whatever tactics they deem necessary to control power and get over on the little guy. Republican/Conservatives believe in the “Free Market”. They do not care if you suffer or get hurt. Wake up America and realized that Republicans/Conservatives think that you are “Suckers”.http://1lovejoy.wordpress.com/2011/01/31/the-republican-partythe-party-of-big-governmen... more

alovejoy
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4 months ago
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1 comment

Resource: 23 things they don't tell you about capitalism

... after seeing this video I bought the book...

frankpatton
added this
5 months ago
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0 comments

What is debt? An interview with economic anthropologist David Graeber

The real question is not how does barter generate some sort of medium of exchange,... more

Cabal
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6 months ago
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1 comment

Gestapo Cops Bust Girls' Lemonade Stand

MIDWAY, Ga. -- Police in Georgia have shut down a lemonade stand run by three girls... more

congoboy
added this
7 months ago
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2 comments

Cost of the War on Drugs VIDEO

Brian Aitken just directed this video on the Cost of the War on Drugs through the Foundation for Economic Education with help from Jeffrey Miron, Harvard Economist and Senior Fellow at the CATO Institute.

After 40 years of violence, murder, and trillions of dollars spent with no end in sight the video begs you to ask yourself: Does it make sense?

The Foundation for Economic Education: FEE is the oldest free-market organization in America. Founded in 1946 FEE’s mission is to offer the most consistent case for the “first principles” of freedom: the sanctity of private property, individual liberty, the rule of law, the free market, and the moral superiority of individual choice and responsibility over coercion.

Brian Aitken: Best known for being sentenced to seven years in prison for possessing his legally owned firearms. After a two year legal battle where corruption reigned he spent four months in prison before being released by Governor Chris Christie. A Deprivation of Civil Rights suit is pending against the Police, Prosecutor and Judge (who has since been dismissed). Aitken is now the Director of New Media for FEE.

Jeffrey Miron: Jeffrey A. Miron is Senior Lecturer and Director of Undergraduate Studies in the Department of Economics at Harvard University and a Senior Fellow at the Cato Institute. Miron has previously served on the faculties of the University of Michigan and Boston University; at the latter, he was Department chairman for six years. He has been the recipient of an Olin Fellowship from the National Bureau of Economic Research, an Earhart Foundation Fellowship, and a Sloan Foundation Faculty Research Fellowship. Miron holds a B.A. in economics, magna cum laude, from Swarthmore College and a Ph.D. in economics from M.I.T.

The CATO Institute: The Cato Institute is a public policy research organization — a think tank — dedicated to the principles of individual liberty, limited government, free markets and peace. Its scholars and analysts conduct independent, nonpartisan research on a wide range of policy issues.Brian Aitken just directed this video on the Cost of the War on Drugs through the... more

highfallin
added this
8 months ago
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0 comments

Impacts - short animated vid

Technology the impactor. How could it be? Carbon runs wild,in the land of the free?... more

frankpatton
added this
9 months ago
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0 comments

SOLD! CONGRESS SOLD, YOU, TO MONOPOLIES

Even though our early history is replete with government intervention to protect... more

COMMONSENSEFORCOMMONGOOD_COM
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10 months ago
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0 comments

Capitalism's waning popularity: Market of ideas A global poll shows an ideology in apparent decline

RISING debt and lost output are the common measures of the cost of the financial... more

Milieu
added this
10 months ago
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12 comments

Of, By, and For the One Percent

FTA: "This week Republicans unveiled a budget proposal for 2012 that cuts more... more

Jake_Leonard
added this
10 months ago
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1 comment

23 Things They Don't Tell You About Capitalism

Ha-Joon Chang: There is no such thing as a free market... more

rhondawinter
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10 months ago
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1 comment

THERE IS NO FREE MARKET IN THE U.S.

RN features a debate between two supposed experts on whether public investment in... more

COMMONSENSEFORCOMMONGOOD_COM
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11 months ago
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2 comments

http://punkpatriot.blogspot.com/2011/02/working-people-vs-wall-street-part-2.html

Now, I never aim to inspire defeatism, but today I aim to inspire disillusionment,... more

asherp
added this
12 months ago
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5 comments

The Egypt Effect: Some Thoughts on What it All Means, By Issac Miller

I want to share some thoughts about Egypt. I don’t mean to focus on the... more

masoodraja
added this
12 months ago
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0 comments

The Wealth Gap: Chickens, Pots, and the American Dream

Regardless of how the economy is doing it seems the super-rich come out ahead and to... more

omnipotentpoobah
added this
1 year ago
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0 comments

Why don’t the free marketeers of education believe in, you know, the free market?

Let’s consider a choice. If you’re a parent, would you rather your child... more

hoosierdaddy
added this
1 year ago
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0 comments

Why should you let somebody else get a free ride on your labor?

TALKING POINTS ON WELFARE PART 4 Taxation is theft, why should I have my pay... more

asherp
added this
1 year ago
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38 comments

The Punk Patriot Fixes the USA Economy

You're Welcome

asherp
added this
1 year ago
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47 comments

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