government intervention

What's A Crisis And When Are We In One?

Listen to the liberals: We have a health care crisis. We have an education crisis. We have an obesity crisis. We have an environmental crisis. We have a swine flu crisis (oh, wait, that was last year). We have just about every type of crisis, but one: An employment crisis. While the unemployment rate is near 10 percent, GDP at a pitiful 1 percent and the underemployment rate of those who've quit looking for work or who work only part-time is estimated to be around 18 percent. But, somehow, we don't hear the word "crisis" used by liberal politicians or their allies in the mainstream media when, in fact, our economic situation truly is in crisis and the aspect of not having a job is considerably more serious than some kid's spare tire or any of the many contrived "crises" liberals in office or behind an anchor desk or with a by line pound at us each and every day.

Many people have serious problems and concerns. It may be their health, it may be a crummy school. It may be they are worried about a polar bear and think by recycling their plastic they can say its habitat. Rarely do they rise to the level of a mass crisis requiring national government intervention. A country on the verge of economic collapse under the weight of unfathomable debt and decreasing job growth, however, does qualify as a crisis. Yet, the liberals in charge care not in lieu of their pet gripes of matters not of their concern or beyond their authority.

He's Back! Conservative Brit Again Says What American Conservatives Should

In March, British EU Parliament Member Daniel Hannan became an instant international hero (see here) to millions of conservatives, a modern day Brit Patrick Henry, when he told the emperor — Prime Minister Gordon Brown — he had on no clothes, and told him publicly and to his face. Not only did he speak "Truth to Power" as the trite lefties say, he did it with courage, conviction and unapologetically. But what caught so many Americans' attention was that his theme was universal and how apt his message was for an America drifting toward European socialism. But not only socialism in economics, but socialism in the government mandating societal behavior codes and the extinguishing of freedom under the guise of stamping out hate or discrimination, most of which is perceived at best and contrived at worst, for the pretext of government usurpation of individual rights. 

It's the same model for government intervention in separating you from your hard-earned money and the shackles that creates — i.e., the economy can't work so we will take it over and make it work, for you, dear citizen. Never mind the new restrictions, it's all the good of the whole.

Now, watch this recent speech by Hannan, and substitute "Hate Crimes bill" or "FOCA" or "restrictions on medical professional conscience protections" in place of references to the proposed EU "anti-discrimination law" and you'll see Mr. Hannan is spot on. Again. Again, we ask, where is the American conservative who will say these things?

EU MP Daniel Hannan may be the world's leading voice for conservatism and human liberty. His words resonate regarding so many of Washington's newfound liberal initiatives. Will America heed Hannan's call not to follow European socialism? Does the reference to "leaving it up to judges" sound familiar? 

Virginia University Gets Grant To Teach Capitalism

We don't know if — in this day and age of "spreading the wealth around" and taxing to death middle-class working families, family-owned businesses, entrepreneurs and regular folks who aspire to build or buy their own business, and government intervention into everything else — the recent announcement that Radford University soon will offer courses in capitalism is heartening news or not. On the one hand, we're glad someone is taking the initiative, especially at the university level, where so much seems to be left-wing, politically correct dogma and indoctrination, to teach what this country was built on — free-market, free-enterprise capitalism. On the other hand, given that it is at a university, are we sure free-market capitalism will be taught by people who believe in it?

Most importantly, however, why isn't capitalism already taught there and, since it must not be if this is a new program, what does pass for economic academics there?

We do rest assured about one thing: this new economics program, which will focus on global competitiveness, is off to a good start because it is funded by a $750,000 grant from banking giant BB&T. Why does that assure us? Simple: BB&T Chief Executive Officer John Allison, the company's CEO since 1986 (despite the average bank CEO tenure of about four years), has a stellar and principled track record.

For starters, in the wake of the deplorable U.S. Supreme Court Kelo decision which allowed local governments to seize private property and give it to other private entities, he created a policy that BB&T would not finance any developments on land taken by such cruel means. More recently, he's been a great steward of his company — with a policy of not providing the type of risky loans that have blown up the housing market and our financial system, leaving his bank in excellent condition; which also means he's not taking any of our tax money from the government bailout of those who practiced irresponsible and/or predatory lending practices. He did all this while driving the bank from regional to national status.

The BB&T grant also includes the BB&T Global Capitalism Reading Area in McConnell Library and a BB&T Global Distinguished Lecture Series. While it makes sense that a business committed to free-market capitalism would fund this type of program — that it may be in its self-interest to do so — it also is vastly disappointing that the state must rely on it to do so. With the hundreds of millions of Virginia tax dollars going to higher education, not to mention families' money for tuition, it also is in the commonwealth's self-interest to teach capitalism correctly (given our own budget debacle). We can see the mess societies get themselves into when they don't. Just ask B&T's competitors. Just ask yourself where $1 trillion of your tax money has just been appropriated.