Ron Paul’s American Revolution: land of the free:

Here are the sorts of people who support Ron Paul. Tell me, does she make sense? Isn’t this what this country is supposed to be about and not the well-heeled, smooth operators who clutter up the news and the gullible camp followers who trek behind them like rats behind the piper of Hamelin?

Claire Wolfe at the Backwoods Home Magazine writes:

12 QUALITIES OF A FREE MAN

THE FIVE OUTWARD-LOOKING VIRTUESThe free man within society

A free man:

Keeps his word. A good man’s word was once his bond. Now we expect our credit score to be our bond — but such data measures only one infinitesimal part of us. You cannot build feedom on a base of lies or habitual unreliability. Free men mean what they say and do what they promise.

Does unto others as he would have them do unto him. Helps those who help themselves. Commits random acts of decency. Aids those who are striving to be free. Does not meddle in the non-violent behavior of others, but is a good neighbor and powerful ally when one is needed.

Shuns indebtedness. This means more than shunning debt (though that, too). A free man owns his own life and thinks carefully before giving any part of it away. He rejects false loyalties and guilt trips (unwarranted claims on his life energies). If he accepts a favor he pays it back or pays it forward so others benefit by the aid he received.

Rejects coercive power. He neither seeks power over others nor accepts the right of others to hold such coercive power. You will never hear him say, “There ought to be a law.” He sees humanity not as an ignorant mass to be managed or mothered, but as individuals capable of running their own lives.

Is independent and self-responsible. A free man prefers the risks and rewards of self-reliance to the temptations of “security” provided by others. He takes care of himself and his family. The ultimate corollary to this virtue is self-defense; a free man does not delegate responsibility for his own sustenance, and certainly not for his own survival.

THE FIVE INTERIOR VIRTUES
The free man within

A free man:

Solves problems creatively. Thinks out of the box. Is fascinated by new ideas. Is perpetually self-educating. Anyone who spends a large chunk of his life sitting and whining about all the factors holding him back is by definition neither free nor ready to free himself.

Acts with daily courage and fortitude. While we await the jackboot in the door, tyranny arrives in daily demands for our collaboration. We require courage to say, “No, I won’t give that information”; “I have no interest in working for somebody who forces me to pee in a bottle”; “I won’t pay you to kill people in my name”; “My baby doesn’t need a government inventory number”; “That’s politically correct nonsense”; “Not without a warrant, you won’t”; or “It’s time for you to stand up and take care of yourself.” Free people own that kind of courage. It’s food for their souls. (Which is why I list it as an Interior Virtue rather than an Outward-Looking one.)

Lives by well-considered principles. A free man doesn’t just parrot “thou shalt not kill” or “thou shalt not steal.” He doesn’t behave just because he fears God or government may be watching. He has examined his morality. He knows why he acts or refrains from acting. Sound principles also provide the platform for standing up with courage and saying, “No” to intolerable acts.

Seeks balanced excellence. It may be a fine thing to make a million dollars or build a better mousetrap (or a more efficient solar cell or an innovative computer game). Free people do those things better than serfs. But our life is our #1 creation. Truly free people put as much energy into becoming good, wise human beings as they do into material accomplishments. To do otherwise is to remain off balance — and therefore very easy for “authorities” to push over.

Loves life. No, this does not mean a free man always goes around with a happy-face painted on his mug. It does mean that conscious, human life is the foundation of freedom. Despite its manifold flaws, human life is a miracle to be appreciated and defended against forces that waste or destroy it.

THE TWO FOUNDATION VIRTUES
What all the rest is built on

A free man:

Is self-aware. He knows who he is, what he loves, what he finds intolerable. Knows his own inner drivers, good or ill. Self-knowledge enables us to set satisfying goals and effective boundaries. It shows us our true path. Without self-understanding, we find ourselves constantly in bad relationships and bad jobs, living in conditions we hate — unable to say no and unable to articulate why we want to say no.

Has a spiritual center. A few years ago I’d never have put spirituality on any list of a free man’s traits. Now, I see it’s a foundation stone. Spirituality doesn’t necessarily mean religion. A person can be spiritual without even believing in God. Spirituality is simply the sense that an individual life has a deeper meaning than is evident on the surface. When daily temptations, disappointments, or demands for collaboration threaten to push us off course, transcendent purpose keeps us walking the path.

There it is. A free man is, in his own realm, an astonishingly civilized and moral being. To those who live by controlling others, however, he is a wild beast who can’t be tamed and who is too tough to make good prey.

A free man is also the cause of freedom. The sole cause of it.

When we have sufficient free individuals, political, social, and institutional freedoms will follow. They will arise not through revolution or politically driven reform, but from who we are and the choices we make every day.

We don’t require superhumans. We don’t even require a majority of free people. We do, however, require a larger minority of free individuals than we have today. “Doing your own thing” is one part of being free. But lasting freedom is a consequence of that old-fashioned and presently out-of-favor ideal: personal character.

We require that to create what so many of us crave: freedom that lasts.

My question for next time: “Can we create Sustainable Freedom?”

Imus to be sued by Rutgers bb player..

From ABC:

“Don Imus is facing his first lawsuit from a player on the Rutgers Women’s Basketball team for derogatory comments that cost him his job as a radio host in April, ABC News has learned.

Kia Vaughn, star center for the Rutgers Women’s Basketball team, has filed a lawsuit against Imus for libel, slander and defamation — the first civil suit to be filed against the former radio host. Vaughn is asking for monetary damages of an unspecified amount….

Comment:

Obviously her lawyer thinks this suit will fly, but the young woman is a public figure. A tangential one, no doubt, but still, in the public eye.

And today, everyone from front runners for President to fundamentalist preachers gets to be bashed obscenely in public in the free-for all of modern media. It’s coarse, intrusive, and vulgar. No question. But it’s also standard fare. Why suddenly jump on Imus for doing what he’s paid to do? It’s not as if he was courtly to everyone else…

In the BB boo-boo he was trying to be hip and down with street talk…..and tripped up — big time. But no one could seriously have drawn a negative picture of the Rutgers women’s team from what he said. No one could possibly have thought the Rutgers players were “ho’s” from the tone and context of his remarks.
Of course, the public is always free to change its level of tolerance for mud any time it wants to, but if Imus is going to be rounded up and branded, let it be for something he said that really was malicious — his remark about Gwen Ifill being the cleaning lady. That was a truly reprehensible comment – because it came off as contemptious of her professional abilities. And it had to have damaged how she would be seen in her work environment.

But with the Rutger’s team, he was simply horsing around in the dumbest possible way and happened to put his foot in his mouth – not a difficult achievment when you have an aperture that wide and constantly agape….

The guy’s even been sued by his nanny. 

So – no to Kia Vaughn. But yes, to a lawsuit…..by Gwen Ifill.

Jihad sensitivity-training coming to a campus near you, Jimmy Carter exposed….and more…..

In a recent circular, Front Page Magazine importunes its readers thus:

“Center’s E-newsletter

As you know, the Freedom Center fights the culture war on many fronts at once. I want to make sure that you know what we’re doing and how we’re doing, so you’ll be getting this insider’s report at regular intervals.

Having an Impact on National Security

One strong measurement of the effect we’re having (and the need for what we do) came in the form of request from the head the FBI-California Highway Patrol Joint Counter-terrorism Task Force who called this week to ask if their group could use our flash video “What Every American Needs to Know About Jihad” as a training film. We’ve put this video in over one million e-mail boxes, with a heavy emphasis on those of college students. It has been reproduced on innumerable websites across the web and is now a YouTube video. To view the video and remind yourself of what the FBI-CHP will be teaching to its agents when it tries to get them to know the enemy, go to http://www.terrorismawareness.org/know-about-jihad/.

Jimmy Carter Exposed

Jimmy Carter’s anti Semitic, anti Israel campaign has gone on long enough! The David Horowitz Freedom Center has just published a booklet, “Jimmy Carter’s War against the Jews,” that analyzes with devastating effect the former president’s support for Israel’s enemies, which happen also to be enemies of the United States. Carter’s unreasoning attacks on Israel, growing more shrill with each new pronouncement, have gone beyond national embarrassment. They’re an outrage.

This booklet will be a powerful weapon in our fight against this deceitful, one-sided view of Israel that is being pushed on the American public and especially on college students. The view that sees Israel as the source of all evil in the Middle East is the same view that blames America for everything wrong with the world, including Islamic terrorism.

The author of the booklet, Jacob Laksin, has pulled together the shameful history of Carter’s partisanship in Middle East politics, including the ex-President’s acceptance of Arab oil money to fund his Center. Laskin masterfully exposes the anti-Semitic distortions and outright fabrications in Carter’s latest book Palestine: Peace Not Apartheid. He shows that Carter’s coddling of tyrants like Fidel Castro is one side of a coin whose other side is embossed with anti Israel and anti American fulminations.

Carter is a symptom of a deeper sickness which blames Israel, and America, first. The Center has the means to do something about his intemperate attacks. For a start, we need to print 250,000 more copies of “Jimmy Carter’s War against the Jews.” Then we need to organize as many events as possible along with an accompanying publicity campaign as we try to get the truth about the source and meaning of Carter’s anti Israel and anti Semitic views into the hands of college students.

To order a copy of the booklet, please contact Stephanie at Stephanie@horowitzfreedomcenter.org.

Islamo Fascism Awareness Week: Is your alma mater on our list??

We are now planning what will be the largest campus demonstrations ever staged by conservative students for October 22-26. We are calling the event Islamo Fascism Awareness Week. We already have student coordinators on 150 campuses and we are hoping that the event will touch close to 200 universities and colleges across the country. We are offering these campuses a full menu of activities including panel discussions on the origins and implications of Islamo Fascism; keynote speakers such as former Sen. Rick Santorum, Christopher Hitchens, Robert Spencer, and Nonie Darwish; and a showing of the uncut version of ABC’s milestone docudrama “The Path to 9/11,” and other documentaries about the threat of radical Islam, including Obsession and Suicide Killers. In addition we are working with our student coordinators to organize protests at women’s studies departments which have been shamefully silent about the violent oppression of women in the Muslim world, and to stage a memorial for the international victims of jihad. Among the campuses already committed to major activities during Islamo Fascism Awareness Week are Columbia, UC Berkeley, Penn State, Temple, Penn, Emory, UC Irvine and Ohio State, This Week has the potential to be a major news event as well as a transforming political experience for our college students.

Details on the event will appear in subsequent Newsletter updates. If you want further information or would like to see your alma mater or a school of special interest added to our list of targets, please call Jeffrey Wienir at jeffrey@horowitzfreedomcenter.org. This is our chance to bring the truth about the war on terrorism to campuses dominated by an unholy alliance between pro jihadists and the hardcore left.

Sold Out Liberty Film Event in Hollywood!!

Not everyone in Hollywood is a trendy leftist. The Freedom Center had a tremendous success this past Tuesday when we premiered a new documentary called “Border” by director/actor Chris Burgard at the Harmony Gold Theater in Hollywood. Talk show host and television personality Larry Elder was the host. Cyrus Nowrasteh, the writer of ABC’s “Path to 9/11,” and other Hollywood celebrities attended. The film, a frightening look at the chaos caused by uncontrolled illegal immigration, filled the house with a paying audience of over 300 people. The showing, first in a series of screenings of conservative films we are developing, took place under the auspices of the Liberty Film Festival, a program of the Freedom Center which has had a growing impact on the entertainment community over the past two years. We will show “Border” again on August 15th in Santa Barbara. Thanks in large part of Mary Belle Snow and Andy Granatelli, the Freedom Center has established a conservative presen ce in that liberal city.

Sign up for Restoration Weekend

The Restoration Weekend will be held this year November 15-18th at the Breakers Resort in Palm Beach, Florida. Called by one newspaper “a blue ribbon gathering of the conservative tribe,” The Weekend provides an occasion for concerned and politically involved conservatives to explore with leading intellectuals the crucial domestic and international developments of the moment. So far, we have confirmed appearances by Dick Morris, former Secretary of Defense Richard Perle, ex-CIA Director Jim Woolsey, Sen. Jim Bunning, Lou Dobbs, Fred Barnes, Michael Barone and many others. For more information please contact Missy Woodward at mwoodward@horowitzfreedomcenter.org

Comment:

Dear reader, were you aware that you have not been sensitized enough to terrorism? No. Even though your face creams and bath gels are regularly thrown away at airport security, even though random strangers get to suss out your bare tootsies, and your underwear is groped by overweight baggage-checkers all in the sacred name of antiterrorism, even though not a solitary TV or radio show can unfold without reference to Osama, terrorists, or the Iraq war…even though every newspaper and magazine and wesbite remotely involved with politics (and most of those that have nothing to do with it), has spent the last 7 years talking about nothing but 9-11 and terrorism; though societies, think-tanks and foundations have sprung to life like dragon’s teeth solely for it; though droves, nay, battalions and armies of analysts have grown rich on the subject…though half the DC population owes its living to it (and the other half lives in mortal fear of being water-boarded on suspicion of abetting it)…though entire nations have been wheedled and threatened to join forces against it — still, dear, dear reader, we just don’t know enough about it….

We must be such slow learners…

Indian independence day…

NEW DELHI – India celebrated the 60th anniversary of its independence from British rule Wednesday in a triumphant mood, with many here feeling the country is finally taking its rightful place as a major global player.

“I assure you that for each one of you, and for our country, the best is yet to come,” Prime Minister Manmohan Singh told the nation in his traditional Independence Day speech.But with many of India’s 1.1 billion people being left behind by the country’s lightning economic growth, Singh warned: “we must not be overconfident.”

Blah, blah, blah………

Who is “we”? There’s the trouble with the state…

Who is “we,” Mr. Singh? Who is this entity that’s a “major global player”?

A small group of people (some of Indian nationality living abroad, some resident in India, some of ethnic Indian origin but foreign nationals) have made themselves and their families very rich; or come to occupy important positions: another larger group has benefited from new job creation from multinationals in India; a further group is doing well abroad. The middle class is expanding. But with all that, we are still talking only about about 250 million people in India. What about the rest? The three quarters of the iceberg below the radar of the media…

So — Indians are now independent from colonial rule by the British. A good thing.

It would be an even better thing when Indians are no longer ruled by corrupt, parasitical government bureaucrats and their corporate cronies…

We went to Iraq because we needed a country to use as a base….

Heard on Chris Matthew, Hard Ball, this evening:

(Paraphrasing) “We went to Iraq not because of WMD, not because Saddam was a bad guy, but essentially because we needed to take over a country to have a base from which to pursue our global policies….”

I wasn’t really paying attention to the show until I heard that. Now I wait all agog to find out who the wet-behind-the-ears pundit was who let an entire tribe of mountain cats out of this particular bag…a body bag, I should add.

What’s even more amazing is that after registering a small intellectual double take, Matthews just babbled on as usual.

If anyone ever wanted proof that the respectable, non-Fox, “liberal” media long ago took leave of its senses — here it is. They don’t think there’s a need to keep up even the faintest pretence in the eyes of the rest of the world….let alone do their job.

The New Republic on the Talmud and Jesus…

“In contrast to this official Christian version of the circumstances of Jesus’s conception and birth, the Babylonian Talmud presents, in Schäfer’s words, “a highly ambitious and devastating counternarrative to the infant story of the New Testament.” In the rabbinical text that Schäfer selects to illustrate this point, it is stated that “his mother was Miriam [Mary]…. This is as they say about her in Pumbeditha: This one turned away from (was unfaithful to) her husband.” This being assumed, the Talmud identifies Mary’s lover and Jesus’s real father to be a man named Pandera–clearly a Roman name. In this account (which had an enormous impact upon some medieval Jewish polemical writings), Mary’s lover and Jesus’s true father is not only not his mother’s lawful husband, he is also a gentile–indeed, a hated Roman. From this Schäfer infers that “if the Bavli takes it for granted that [Jesus’s] mother was an adulteress, then the logical conclusion follows that he was a mamzer, a bastard or illegitimate child.” In this view, Jesus is as far from being the son of God and a pure virgin as is possible in Jewish imagination.

It is no wonder that this text is “only preserved in the uncensored manuscripts and printed editions of the Bavli.” Those were the versions of the Talmud published at times and in places where Christians had great political power over Jews and were using it harshly against them. It is thus easy to see why the Jews would want to emend such an inflammatory text, in the interests of security and self-preservation–and why the Christians would make the Jews emend such a text so that their Jewish underlings would be unable to use it to buttress their anti-Christianity. No doubt, many pro-Jewish Christians and many pro-Christian Jews today would like to forget that such a text ever existed in its original form.

But why did the Babylonian Jews go to the trouble of denying the veracity of a text that mattered only to a small Christian community that had no power over Jews (no power of the sort that Palestinian Christians came to enjoy once Christians became members of the official religion of the Roman Empire)? Schäfer gives two answers to this question. Unlike his analysis of the literary evidence, where he has some important data at his disposal, the causal explanation involves much more speculation on his part. Yet Schäfer is not a hasty or arrogant historian; he says only what he believes the evidence entitles him to say. Would that more historians were as modest.

Schäfer’s first answer to the question is psychological and political; more precisely, it concerns the influence of the political environment upon psychological motivation. In his view, the Jews of Babylonia could say about Christianity, in the person of Jesus, what their Palestinian brethren could not say because of the dangers involved. Schäfer calls the Babylonian declaration “a proud and self- confident message,” one quite different from the “defense mechanisms” that the Palestinian rabbis had to employ in their political prudence. It was a “proud proclamation” of “a new and self-confident Diaspora community.”

Schäfer’s second answer to this question is more concretely political. Here he notes that in the Persian Empire, both Judaism and Christianity were minority religions–islands of monotheism in a sea of Zoroastrian dualism (which affirmed a good god in conflict with a bad god, as opposed to the one good God affirmed by Judaism and Christianity). The two monotheistic religions were highly suspect in the eyes of the polytheistic Zoroastrian Persian or Sasanian rulers. Indeed, older polemics of Roman pagans against Jews and Christians castigated them both for their monotheism. From these political facts, Schäfer speculates that the anti-Christian polemics of the Jews might be part of “a very vivid and fierce conflict between two competing religions’ under the suspicious eye of the Sasanian authorities.”

Yet the Christians, however weak they were in the Persian Empire, no doubt had contacts with, and loyalties to, their far more numerous and more powerful brethren in the Roman Empire, and so it is plausible to suggest that the Persian authorities would have regarded Christians to be more of a political threat than their religious rivals, the Jews. Schäfer thinks that Babylonian Jewish putdowns of Jesus might have been a way of diverting official Persian suspicion away from themselves and their religion toward Christians and their religion. In other words, the anti-Christianity of the Bavli was a way for the Babylonian Jews to curry favor with their Persian overlords by castigating a “negative other.” And here Schäfer ends his fascinating book.

Peter Schäfer’s historical research and textual interpretation have implications, obviously, beyond the academy. This is a subject that profoundly affects Christian and Jewish self-understandings and mutual understandings. I can see three possible ramifications of Schäfer’s extraordinary scholarship in the context of the current Jewish-Christian relationship today.

First, at the most troubling level, Schäfer’s work might encourage those Jews who would be happy to learn that there were times when Jews were able to “get even” with their Christian enemies: a kind of schadenfreude. In this way Schäfer’s work might hinder the emergence of a more positive Jewish-Christian relationship. (Not that he is guided by such an anxiety in his scholarship, of course.) Such people could use his work to encourage Jews to speak similarly again, now that Christians are much weaker than they have been in the past. But it is naïve to think that self-respecting Christians will simply sit back and not answer their Jewish critics in kind, which would easily revive all the old animosity against Jews and Judaism. Taken this way, Schäfer’s work could also encourage Christian “hard-liners” to insist again that an animosity to Christians and Christianity is ubiquitous in Judaism and endemic to it, and that it cannot be overcome by the Jews. Why should Christians be any better when speaking of Jews and Judaism than Jews have been when speaking of Christians and Christianity?

Second, Schäfer’s work might embarrass those Jews who like to dwell on the tradition of Christian anti-Judaism in all its ugly rhetoric, and imply that the Jews have largely kept themselves above any such ugliness. For Schäfer demonstrates just the opposite. One might even speculate that had Jews gained the same kind of political power over Christians that Christians gained over Jews, Jews might well have translated their polemical rhetoric against Christianity (which, after all, posed a tremendous threat to the legitimacy of Judaism) into the political persecution of Christians, much the same way that Christians translated their polemical rhetoric against Judaism into the political persecution of Jews. Victimization does not confer sainthood. The Jews lacked the opportunity, but perhaps not the motive or the will, to practice the type of intolerance that they experienced at the hands of the Christians.

Lastly, Schäfer’s very original scholarship in the area of Jewish-Christian relations might have the effect of ending at last the “guilt trip” that some Jews have laid on Christians, according to which theological contempt and religious intolerance is a uniquely Christian problem. (It is worth noting, of course, that in our own day militant Islam makes Christian anti-Judaism a less important threat to Jews.) Jews of this mind also want a positive relationship with Christians. Yet the fact is that, at least on the level of ideas, Jews and Christians have a similar problem with the notions about each other that emerge from their respective traditions. So at a time when both religions lack the power to hurt each other politically, there remains only the arena of ideas in which to build a new and better relationship or to destroy it. For this reason, this arena should be cultivated, and protected, and allowed to grow freely and honestly….”

More at the New Republic by David Novak on Jesus in the Talmud, by Peter Schäfer, Director of the program in Judaic Studies at Princeton University.

Comment:

My quest for the historical Jesus ended a long time ago, as it did for many people, with Albert Schweitzer’s magisterial work of that name.

Generosity toward other traditions, respectful criticism of our own, and faith in the human ability to think critically — with just a little of that, the different faiths  – and lack of faith — can learn to live together not only peacefully, but fruitfully…..

It’s less a matter of scholarship than of a will to peace. Too bad that peacemakers are always as much in short supply as pundits are in excess….

PR warlock exits: Bush will go no more a’Roving…

WASHINGTON – Karl Rove, President Bush‘s close friend and chief political strategist, announced Monday he will leave the White House at the end of August, joining a lengthening line of senior officials heading for the exits in the final 1 1/2 years of the administration.

On board with Bush since the beginning of his political career in Texas, Rove was nicknamed “the architect” and “boy genius” by the president for designing the strategy that twice won him the White House. Critics call Rove “Bush’s brain.”

“Karl Rove is moving on down the road,” Bush said, appearing grim-faced on the White House‘s South Lawn with Rove at his side….”

More at Yahoo News.

Financial flings: No Fannie bail-out

Fox‘s Cavuto Report, Saturday morning, on the late news from Friday — no bail out of homeowners by Fannie Mae.

As usual, critics are muddying this with all sorts of irrelevant criteria — i.e. corporate tax cuts. Not that I think anyone should be cutting taxes for anyone — since we are weighed down with debt. But I don’t know the details about that issue — only that it is irrelevant to the bailout question unless you like class warfare in principle and think taxcutting is the same thing as debt forgiveness. It’s not. But don’t hold your breath for actual thinking. The demagogues will jump out on both sides.

A bunch of people (middle and upperclass for the most part, many quite young), acting in groups, who speculated in second homes leveraged to the hilt and bought on spec to flip, who were so greedy they couldn’t quit doing it when every paper in the country was screaming bubble, are now crying, ‘cos, hey, their Miami condo bought with no money down and a 50 year mortgage which they hoped would triple in value before the builders had finished, is not selling like they hoped it would.

Tough. Go get some real work.

On the other hand, I didn’t notice any weeping for the past two decades for people who scrimped and saved on small salaries, who owned no plastic and stuck their savings in the bank, hoping to be free some day to do the things they loved — only to find that thanks to money creation and almost nothing in interest, while the rest of the country lived high on the hog on faux (borrowed) money and speculation, their real savings had eroded steadily. That theft from the work-and-save classes by the borrow- and- don’t-pay- back classes (runs the gamut of the rich, the middleclass, the poor, banks, corporations and the government) is the real financial crime of the past decade…

Still, I agree, there were a lot of naive and ignorant people (e.g. single mothers without the time to follow the news) who panicked because they thought they were going to be priced out of the market and were scared into buying by unethical sellers and bankers.

I feel for them.

Caveat emptor doesn’t mean that you can’t hold people to professional standards of ethics.

But a government bail out with taxpayer money by Fannie isn’t the solution. That would be penalizing good decision-makers for bad decision making and rotten ethics on the part of subprime lenders. This may be framed in public as a bailout out of pitiful poor homeowners…. but.the reality is that bailing out the mortgage holders is simply a way of bailing out the banks which loaned the money. And created mortgage-backed securities, then sliced, diced and repackaged them with the risk so separated from the reward that no one had any idea what the derived securities really represented. These MBSs were then spread out from Hong Kong to San Francisco in bonds held by mutual funds, pension funds, hedge funds..you name it…..and they were given mighty high falutin’ ratings by the rating companies — Triple A, in fact.

Now, the Triple A turns out to have been junk a la Michael Milkin….

So, the bail out of the mortgage holders ultimately ends up being a bail out of guess who?

Banks and hedge funds…..who certainly knew better.

Sounds to me like a rerun of the bail out of investors in the Mexican crisis…or the bail out of bond holders in Russia….or the bail out of banks in the Asian crisis….or….it goes on and on..

My view: Bring out the lawyers. Encourage people who were actually snookered to join class-action suits against the exact institutions responsible (no socializing of the costs of this speculation spree via Fanny, please).

A bunch of institutions broke long-standing professional standards to turn into loan sharks. A little surgery to put risk and reward back together is in order. So, penalize the banks, brokers, newspapers, government officials and middlemen who cheered this on knowingly.

They’re crooks.

If the borrowers did wrong themselves, i.e. lied on their loan documents, though, they really should have known better. They’re crooks, too, petty crooks.

Sorry – you can’t blame that on naivety or Ben Bernanke.

And then, let’s get a public hearing about money creation at the Federal Reserve, and just how the Fed Reserve, Treasury, and the big banks work together.. …

Little crooks and bigger crooks — let them all go down together.

Ron Paul: Slander from the left of them….

I love Bill Blum’s work, so I was sorely disappointed to find this in his latest anti-Empire report (please read it, since it also has some exquisite tidbits on the imperial mindset that pervades the current crop of jacks-in- office…)

“Libertarians: an eccentric blend of anarchy and runaway capitalism


What is it about libertarians? Their philosophy, in theory and in practice, seems to amount to little more than: “If the government is doing it, it’s oppressive and we’re against it.”

LR: Bill, that seems to be your way of looking at it. No one who has read Mises, or Rothbard, or Hayek would see it that way.

BB: Corporations, however, tend to get free passes.

LR: From Murray Rothbard onward, true libertarians have been criticizing corporate boondoggles far more than many liberals I know. And talking about income differentials. Don’t confuse some brands of libertarianism with the whole of it, or I will start tarring all socialists as Stalinists and Maoists?

BB: Perhaps the most prominent libertarian today is Texas Congressman Ron Paul, who ran as the Libertarian Party’s candidate for president in 1988 and is running now for the same office as a Republican. He’s against the war in Iraq, in no uncertain terms, but if the war were officially being fought by, for, and in the name of a consortium of Lockheed Martin, Halliburton, Bechtel, and some other giant American corporations, would he have the same attitude?

LR: Oh, this is an argument? Suppose, I said the same about the left: If the war was for “the people” — then you would be fine with mounds of dead bodies? Isn’t that putting words in your opponent’s mouth? Where has Ron Paul supported wars for corporations? In fact, right now he opposes the war, because he thinks it was fought for corporations, which use the state as their tool. That is precisely the libertarian position about the corporatocracy and the corporate state.

In fact, the antiwar position is absolutely central to libertarian thinking, because for libertarians, it is the war economy that legitimates the command economy. Anyone who doesn’t know that simply hasn’t studied any serious libertarian theorists. Or is confusing the prowar positions of some libertarian writers at magazines like Reason (others at Reason disgreed) with authentic libertarianism. I suppose I could confuse the prowar position of some journalists at the Washington Post with the left-liberal position too.

Here is Rothbard about the the 1991 Gulf War:

“Bechtel, the Rockefellers, and the Saudi royal family have long had an intimate connection. After the Saudis granted the Rockefeller-dominated Aramco oil consortium the monopoly of oil in Saudi Arabia, the Rockefellers brought their pals at Bechtel in on the construction contracts. The Bechtel Corporation, of course, has also contributed George Shultz and Cap Weinberger to high office in Republican administrations. To complete the circle, KA director Simon’s former boss Suliman Olayan was, in 1988, the largest shareholder in the Chase Manhattan Bank after David Rockefeller himself.

The pattern is clear. An old New Left slogan held that “you don’t need a weatherman to tell you how the wind is blowing.” In the same way, you don’t need to be a “conspiracy theorist” to see what’s going on here. All you have to do is be willing to use your eyes….” (Why the War? Lew Rockwell, 1991).

Here is a piece on Rothbard’s belief that right libertarians were historically, left of the current left (See, Wally Conger, “Why Not Reclaim the Left, Strike the Root, 2002).

Ron Paul has been the one voice of sanity about the Federal Reserve’s reckless creation of credit, which is the real reason for the season of mad money lending we’ve just survived and which is now on the verge of tearing apart the economic fabric. That, Mr. Blum, is not the fault of “capitalism,” any more than a gold-digging trophy wife is an indictment of marriage as an institution. It is central bank induced financialization by a transnational oligarchy.

Please. Like many on the left, Mr. Blum’s opinion about what the right thinks or doesn’t think is drawn from hearsay and innuendo, by other leftists.

BB: And one could of course argue that the war is indeed being fought for such a consortium. So is it simply the idea or the image of “a government operation” that bothers him and other libertarians?

LR: Where does Paul say that?

BB: Paul recently said: “The government is too bureaucratic, it spends too much money, they waste the money.”[9]

Does the man think that corporations are not bureaucratic? Do libertarians think that any large institution is not overbearingly bureaucratic? Is it not the nature of the beast? Who amongst us has not had the frustrating experience with a corporation trying to correct an erroneous billing or trying to get a faulty product repaired or replaced? Can not a case be made that corporations spend too much (of our) money? What do libertarians think of the exceedingly obscene salaries paid to corporate executives? Or of two dozen varieties of corporate theft and corruption? Did someone mention Enron?

LR: I did. (here’s a piece I did on Enron: “Malcolm Gladwell Checks in at the Hotel Kenneth Lay-a”).

Murray Rothbard never stopped talking about corporate bail outs. I differ from him on some of his positions, quite strongly, but nowhere does he support the use of fraud, force or war in support of enterprise.

Neither do most genuine ethical libertarians.

But no corporation can raise a standing army or tax citizens or enjoy the legitimacy of a state. And some of us (a good number of right libertarians) think that corporations would not reach the size they do, without the state granting licences and privileges.

Gabriel Kolko argues for that as well.

BB: Ron Paul and other libertarians are against social security. Do they believe that it’s better for elderly people to live in a homeless shelter than to be dependent on government “handouts”? That’s exactly what it would come down to with many senior citizens if not for their social security.

LR: This is a false alternative. The alternative to social security is not homeless shelters. Look what a low opinion of people the left really has. According to them, people are blind, deaf and dumb; they can’t save, they can’t plan…they can’t do anything without the commissariat of soviets to do it for them. Does that make sense? Don’t you think that without government interference, people could still sit down and figure out what they really needed, instead of being forced to pay for things they don’t need? Half the waste would disappear; costs of insurances would decline sharply; variety and flexibility would increase; all the various leeches and parasites on the system (many of them middle and upper class….don’t let that tired class rhetoric about the aged poor scare you) would fade away. Scaled back and scaled down, we would get back to the scale of the human.

BB:

Most libertarians I’m sure are not racists, but Paul certainly sounds like one. Here are a couple of comments from his newsletter:

“Opinion polls consistently show that only about 5 percent of blacks have sensible political opinions, i.e. support the free market, individual liberty and the end of welfare and affirmative action.”

“Given the inefficiencies of what D.C. laughingly calls the ‘criminal justice system,’ I think we can safely assume that 95 percent of the black males in that city are semi-criminal or entirely criminal.”[10]

LR: Paul had an opinion based on some mistaken statistics being circulated then. It was a misguided opinion. A dumb over-generalization. It wasn’t fundamentally racist but crude and insensitive. And apparently, he made a sweeping statement about the opinions he thought black people hold about economics. Asians make such generalizations all the time too, about whites and blacks. ..and other Asians (or to be fair, I should say browns or yellows or yellow-browns, maybe). Bill Blum just made one about libertarians that was all wrong. So do all groups — whether they are prepared to say so in public is another thing. Nor do I want to live in a society which demonizes people for saying such things. Let him apologize and move on.
By the way, if we are going to bring it up, some of the most “racist” attitudes I encountered in this country were not from the right. But from the left – which continues to feel that its model is the only one that serves minorities and people from the third world, in general. And demonizes anyone who falls out of step. (Not, mind you, that paternalism or even feelings of superiority expressed by other groups bothers me much. My thinking is that if an ideas strikes you as right, you should adopt it, regardless of who holds it and whatever their attitude to you might be. Racism runs a good second to mass killing in my mind and does not necessarily lead to it, either, contrary to what some people seem to think.

BB: Author Ellen Willis has written that “the fundamental fallacy of right libertarianism is that the state is the only source of coercive power.” They don’t recognize “that the corporations that control most economic resources, and therefore most people’s access to the necessities of life, have far more power than government to dictate our behavior and the day-to-day terms of our existence.”

LR (sigh):

And there are no socialists who are not unreconstructed Maoists? But does that make me confuse democratic socialists in the US with the Great Leap Forward? Please.

We expect better from our socialist friends.

There ARE many libertarians who fail to apply their critical skills to corporations and fail to see that they don’t embody free enterprise. They should start to do it in no uncertain terms.

But they should do it in libertarian terms and not in the tired, dead-end rhetoric of the left-right divide.

Libertarians should attack corporations for what they criticise governments for — bureaucracy and anti-individualism. And the left should start reigning in its knee-jerk thought-police for the very thing they attack the right for — intolerance.

Like it or not, the revolution in thinking is from the right, his time. And has been so for some time. Only it got high-jacked by a bunch of neoconservatives — who were actually ex-leftists originally.

But the real right is awake at last.

So now, move over, Trotsky.

(Defend your honor, as they say, or people will think you have none…)