Soft Money

Fire of Liberty

I thought it'd be good to show an excellent chart from the St. Louis branch of the Fed that shows how the "soft-money" policy being pushed by Fed Chairman Bernanke and his predecessor Alan Greenspan has finally brought us before our current economic troubles. I just wish we had an economic duo like Reagan and Volker who kept the money tight, reduced taxes, and kept a firm hand on the spending tiller rather than the spend-a-thon Obama White House/Democratic led Congress, and the soft-money fed. Lord help us all. Here's the chart:

A 21st Century Roadway

Fire of Liberty

Now before Obama & Company gear up on their "new-New Deal" road building projects, they should be paying special attention to projects that will provides us roads and byways that will be beneficial for the nation for many years to come. I myself would suggest that the Obama team pay attention to the work of Robert Poole, Director of Transportation Studies at the Reason Foundation. Here's a good video on Poole's recommendations:

Making Matters Worse

Fire of Liberty

If you want to see how a massive government intervention in our economy during a time of a recession can lead to greater economic woes, then you should take a look at this video from Michael Moynihan of Reason magazine.




Thank God we have the good folks at Reason for providing some sanity during a time in which Congress pushes for greater government largess in our economy.

Ghosts of the New Deal

Fire of Liberty

If you want to see what kind of impact that the $1 trillion massive "prime-pumping" spending policies/projects being proposed by President-Elect Obama and the Democrats, then I suggest you check out the following pieces here and here.

Obama's New Deal Dreams

Fire of Liberty

After looking at the chart below, I believe that Obama shouldn't be so quick to place all his hopes in the effectiveness of the federal government solving our economic woes.(Hat tip to the Corner and Heritage foundation.)

Richard John Neuhaus, 1936-2009 - RIP

Fire of Liberty

I'm praying for Father Neuhaus as he makes his long and awaited journey to the Kingdom of the Lord. Now while I'm a practicing Baptist, I have to say I learned a lot about my own faith and life in general by reading his writings over at First Things. Even with a tough subject like death, Father Neuhaus was able to cut through the sadness and demonstrate why people shouldn't be fearful of their demise but embrace the facts and prepare youself for the day that you hopefully meet the Lord. His best piece on this issue can be found in a article titled "Born Toward Dying" in the February 2000 issue of First Things. So with a saddened hart I send my regards to the family of Father Neuhaus and wish him God's Speed to his heavenly home.