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If Liberty Mattered — Once More, a Presidential Candidate’s Press Conference, Part 5

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Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 The Candidate: Ladies and gentlemen of the press, now that it has become clear who my two leading opponents will be in this presidential race, I feel that my decision to run was the right one. There needs to be at least one voice defending a principled case for liberty in America today. And, unfortunately, that principled case is not coming from my opponents. Instead, what they are offering the American people are mere variations on the state interventionist and paternalistic theme that has brought us to the situation we are in today. Let's take the issue of health care. One of my opponents, the incumbent president, tried to impose a comprehensive nationalization of health care in the United States. Not one facet of health treatment and care would have been ...

The Failure of the Republican “Revolution,” Part 5

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Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 It would be difficult to find a better example of socialist central planning than public schooling. The system is run by a board of government officials, whether at the local, state, or national level. Funding is through taxation — everyone, even those who don't have children, are forced, on pain of fine and imprisonment, to finance the system. Attendance is mandatory (even home-schoolers must secure government approval of their study program). If a parent fails to send his child to a government-approved institution (i.e., public schools), state officials will arrest him, imprison him, and take his child from him. If he resists punishment, the state officials will kill him, as the late John Singer discovered many years ago in Utah. The school curriculum and the textbooks are set ...

The Failure of the Republican “Revolution,” Part 4

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Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 It would be difficult to find a better example of socialist central planning than the Federal Reserve Board — the central bank of the United States. Since 1913, when the Federal Reserve Act was enacted, a small group of government bureaucrats have planned the monetary affairs of hundreds of millions of people. As with all other instances of socialist central planning, the results have not been surprising: continual debasement of the currency, surreptitious confiscation of wealth by the political authorities, and a continual series of monetary booms and busts. But the major significance of the monetary revolution in 1913 was the omnipotent power that the U.S. government assumed over the lives and fortunes of the American people. For no people can ever be free as long as ...