In my previous post, I gave a list (which will continue to grow) of articles that I recommend reading regarding the present economic crisis. Now I want to add to that some articles related to the coming American elections.
Economics is not the only issue, but right now we need a president and a congress who have some grasp of why a free market is the answer to our economic plight, rather than the cause of it.
I don’t love McCain. Among other reasons, he’s not a real free-market champ. But I find Barack Obama to be far scarier, especially if he’s backed up with a majority of Democrats in both the House and Senate.My reasons for dreading an Obama presidency are numerous. Let’s start with the economic sphere:
This first article is by Gerard Jackson. Although the article points out in the first paragraph that Obama’s policies are very similar to Herbert Hoover’s, most of the article doesn’t address Obama at all, but the causes of the Great Depression, and how Hoover’s policies – not at all free market ones, but simply precursors to FDR’s NewDeal policies – were, together with FDR’s, responsible for making the Great Depression so great.
This is information I’ve known for over 20 years from reading economics books and articles, butover those years I’ve run into a number of people who seem to think Hoover was a laissez faire man, and that it was the free market that caused the Great Depression. So I can’t urge you enough to read the following article and pass the link onto your friends if you find it of value.
Why Obanomics = Hoovernomics
Then read this one by Edgar K. Brownin
Obama’s economic agenda: This is change?
And then there are issues other than economic soundness:
From Thomas Sowell:
Whose “Special Interests”? “We take it for granted that a vote means a secret ballot but it was not always that way. Moreover, it will not remain that way for workers who vote on whether or not they want a labor union, if legislation sponsored by Congressional Democrats and endorsed by Senator Barack Obama becomes law.”
The Real Obama “Jeremiah Wright, Father Michael Pfleger, William Ayers and Antoin Rezko are not just people who happened to be at the same place at the same time as Barack Obama. They are people with whom he chose to ally himself for years, and with some of whom some serious money changed hands. ”
The Real Obama Part II“Seemingly unrelated things can give important insights into someone’s outlook and character. For example, after the Cold War was over, it came out that one of the things that caught the attention of Soviet leaders early on was President Ronald Reagan’s breaking of the air traffic controllers’ strike.
“Why were the Soviets concerned about a purely domestic American issue like an air traffic controllers’ strike? Why was their attention not confined to “the real issues” between the United States and the Soviet Union?”
The Real Obama: Part III “Surely education is a real issue, with American school children consistently scoring below those in other countries, and children in minority communities faring worst of all.
“What about Senator Obama’s position on this real issue? As with other issues, he has talked one way and acted the opposite way.”
The Real Issues: Part IV “Barack Obama’s supporters often try to sidestep questions about his character and judgment by saying that we should stick to what they arbitrarily define as “the real issues.” But Senator Obama’s record on specific issues is as bad as his record of repeatedly allying himself over the years with people who make no attempt to hide their hatred of America. ”
Obama and McCain “Not since 1972 have we been presented with two such painfully inadequate candidates. When election day came that year, I could not bring myself to vote for either George McGovern or Richard Nixon. I stayed home.
“This year, none of us has that luxury. ”
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