As we have said before we believe that the libertarian movement is the most important movement in American politics right now, perhaps for more than a generation. It is also arguably the most important movement in world politics.
Attached is an extremely well done article which lays out why it is that today’s political establishment, especially the “progressives” are so afraid of libertarianism.
Looks like had Reid not changed the 200 year old Senate rules late last year Ms. Yellen might not have been confirmed. It appears that at least 40 Senators would have voted against her confirmation, but since there is no filibuster in this situation, 50% of the Senate can confirm the new Fed Chair as opposed to the 60% of past years.
This is a Constitutional issue. This is a general privacy issue. But it’s also a crony capitalism issue. How many tech companies have been compelled to partner with, or have partnered willingly with the NSA in its domestic spying efforts? At this moment it looks like a good part of Silicon Valley falls into one or both of these categories.
He will file the lawsuit as a citizen, not as a US Senator. 300,000 people have already indicated that they will join the lawsuit.
In other news 300,000 new files have been opened at NSA headquarters.
Ah yes, Congressman Peter King. One of America’s loudest big government “conservatives.” When he’s not working the system for more Hurricane Sandy aid he’s singing the praises of our overseers.
The real action is coming soon in the Senate when it votes to confirm the new Fed chairman.
This week Senator Rand Paul, who is likely running for president, suggested that Congress act to pass legislation which would declare Detroit an economic “freedom zone.” That is to lower taxes in Detroit to near 0% levels spurring business activity and development.
We at Against Crony Capitalism wholeheartedly agree with this idea. We even called for something similar last year. Unleash the market in Detroit and the city will bloom.
Few cities have been as ravaged by inept governing and crony capitalism as Detroit has. Because of decades of mismanagement and neglect what was once one of the great cities of the world is now a rusting heap. But it need not remain so.