What is
Liberty?
Traditionally we think
of Liberty being at risk only in time of all
out war. Today, though, our Liberty is in
far more danger from our own mishandling
of America's part in the Global Economy than
it is through any impending clash of
arms.
If we double our present tax on
Capital Gains we will quadruple the flight from
our shores of productive investment by making
America inhospitable to business. Right now
our economy is slowing. This is not the
moment to siphon even more resources out of it,
especially if it's only to fund consumption (Read:
Giveaway Programs).
On the other hand, if we cut
that Capital Gains Tax in half we may tip the
field in our direction and attract all the more
investment to America. It is a question of
creating the environment where Free Market Forces
can act unhindered, to help us all.
The spending programs being
sketchily offered as 'Changes' by Sen. Obama
cannot possibly be paid for by current federal
revenues. That is particularly true of the
Health Insurance programs that have been
suggested. Rep. Langevin's own bill on this
proposes a new Federal Mandate that would
eliminate competition on rates and a new Federal
Bureau to oversee it all.
Where's that money supposed to
come from? Sen. Obama's answer and that of
Rep. Pelosi and Rep. Langevin is simple: Your
Pocket and Mine.
They don't get it. Our
economy is not an inalienable right. We
could screw it up and then we would all be in deep
trouble. To put that another way, we could
tax ourselves into a Depression.
Where is all this socialist fear
of the Free Market coming from? In the
thousand years of the Middle Ages the standard of
living of the average human was atrocious, and it
did not change for that entire millennium.
Things weren't much better for the three
centuries following the Renaissance. In
the 250 years since the Industrial Revolution,
however, there has been explosive growth in the
creature comforts of life that we all enjoy.
With that increase in material infrastructure has
come a quality of life unparalleled in
history.
Did some government program do
any of that? Not likely. It was the
Free Market and it will be the Free Market that
provides the working capital to pay for any
future improvements in the living standards of
people throughout the world. It is only when
the personal wealth of every American increases
that we can justifiably take money in taxes for
needed infrastructure and the maintenance of an
environment of order by government. An
environment of civil and social order where
the Free Market can continue to work its magic,
that is.
Do not believe the sales pitch
you hear from the liberal left, even if they
believe it themselves. They can offer Pie in
the Sky all they want but only a growing economy
can provide it.
If we give away our chance to Do
Economy Right we give away our
Liberty.
Liberate The
Economy!
It is customary for those
who wish to gain the trust and respect of the
people to try to do so by offering them strong
leadership based on sound principles.
With just under 3 Months
to go 'til Election Day the levels of both
interest and energy surrounding the campaign are
ratcheting up.
