Search Query: MILTON FRIEDMAN

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Mussolini and the Mortgage Bailout by Jacob G. Hornberger President Bush’s “agreement” with the mortgage industry to freeze interest rates is a reminder of the point that Ludwig von Mises made about interventionism. It is also a reminder of Benito Mussolini’s government-business partnerships that inspired much of the regulatory aspects of Franklin Roosevelt’s New Deal. Notice, first of all, that President Bush and his federal cohorts are totally silent about the root cause of this crisis — the out-of-control federal spending that the feds have embarked upon since 9/11, especially to fund the U.S. Empire’s military adventures in Afghanistan and Iraq. Do you remember when these people were suggesting that these adventures would essentially be “free” — that is, that the bills would be covered by nations joining the “coalition of the willing” and by oil taken from the Iraqis? Those plans obviously didn’t work out. As most people are now realizing, the bills for these adventures continue to soar, with no end in ...

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Mussolini and the Mortgage Bailout by Jacob G. Hornberger President Bush’s “agreement” with the mortgage industry to freeze interest rates is a reminder of the point that Ludwig von Mises made about interventionism. It is also a reminder of Benito Mussolini’s government-business partnerships that inspired much of the regulatory aspects of Franklin Roosevelt’s New Deal. Notice, first of all, that President Bush and his federal cohorts are totally silent about the root cause of this crisis — the out-of-control federal spending that the feds have embarked upon since 9/11, especially to fund the U.S. Empire’s military adventures in Afghanistan and Iraq. Do you remember when these people were suggesting that these adventures would essentially be “free” — that is, that the bills would be covered by nations joining the “coalition of the willing” and by oil taken from the Iraqis? Those plans obviously didn’t work out. As most people are now realizing, the bills for these adventures continue to soar, with no end in ...

by
Mussolini and the Mortgage Bailout by Jacob G. Hornberger President Bush’s “agreement” with the mortgage industry to freeze interest rates is a reminder of the point that Ludwig von Mises made about interventionism. It is also a reminder of Benito Mussolini’s government-business partnerships that inspired much of the regulatory aspects of Franklin Roosevelt’s New Deal. Notice, first of all, that President Bush and his federal cohorts are totally silent about the root cause of this crisis — the out-of-control federal spending that the feds have embarked upon since 9/11, especially to fund the U.S. Empire’s military adventures in Afghanistan and Iraq. Do you remember when these people were suggesting that these adventures would essentially be “free” — that is, that the bills would be covered by nations joining the “coalition of the willing” and by oil taken from the Iraqis? Those plans obviously didn’t work out. As most people are now realizing, the bills for these adventures continue to soar, with no end in ...