As you read the
These are the kinds of people American financial institutions are affiliating with when they offer shariah-compliant financial products. [emphasis added]
According to Politico.com, Vice President Dick Cheney lobbied Republican senators to support the bailout of auto companies, arguing that it would be “Herbert Hoover time” in the absence of government intervention.
Cheney is right, but for the wrong reasons. To the extent that it is “Herbert Hoover time,” it is because the current administration has repeated many of the mistakes that were made by President Hoover. There was a huge expansion in the burden of government spending under Hoover, up 47 percent in just four years. There’s been an equally huge increase in government spending under Bush. Hoover dramatically increased government intervention with everything from schemes to prop up wages to protectionism. Bush’s intervention takes a different form, with mistakes such as steel tariffs, Sarbanes-Oxley, and bailouts.
Hoover’s legacy is statism. Bush’s legacy is statism. The only unanswered question is whether Obama will be the new Roosevelt — i.e., someone who compounds the damage caused by his predecessor with further expansions in the burden of government. from Cato At Liberty
The LAST Thing We Need
According to the American Policy Center, the United States is only
of obliterating what is left of our government's policy of protecting individual rights:
A public policy organization has issued an urgent alert stating affirmative votes are needed from only two more states before a Constitutional Convention could be assembled in which "today's corrupt politicians and judges" could formally change the U.S. Constitution's "'problematic' provisions to reflect the philosophical and social mores of our contemporary society." [bold added, link dropped by Gus Van Horn]
The message is, unfortunately, made to look ridiculous by its messenger, which warns not only of the legitimate threats to freedom of speech this could unleash, but also pretends that we do not (and should not) have separation of church and state. I would not want conservative theocrats holding such a convention any more than I would the socialists now in power.
Alan Sullivan, who notes that the left is suddenly talking about pushing for this in Ohio,
Let us hope that this does not occur, so that we can profit by this object lesson in substituting the point of a government gun for rational persuasion. The ultimate problem lies not with Congress, but with a public that is all too happy to accept trinkets in the form of welfare state programs from the government in exchange for little pieces of its freedom.What were those fools thinking? That Congress would fail to find a way around their amendment if it was passed? Or that a nation that elected such a Congress in the first place would outdo the Founding Fathers as authors of a constitution?-- CAV from Gus Van Horn
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