Monday, March 31, 2008

"No president has much influence over the course of the economy"

http://blogs.telegraph.co.uk/society/damianlanigan/march2008/ifforeignercouldvoteintheus.htm

Above is a link to a blog from the telegraph that I was reading. There are enough errors in this that I think it is worth addressing. The first problem is this statement,
"No president has much influence over the course of the economy".
This should read that the President should not have much influence over the economy. It would be alright if he was expressing an opinion, but stating that as a fact is simply incorrect. The President recently created a stimulus package worth $145 billion dollars to give to tax payers. This seems like something worth noting. How about the role of the President being Commander and Chief of the Military? Are there no economic consequences associated with waging war? The fact that the United States continues to occupy Iraq and many other countries around the world has a huge economic impact on America. To ignore this would be foolish. How much money has the United States spent on the effort in Iraq?

Cost of the War in Iraq

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Well it is hard to get a firm figure since this number is always increasing, but I think that you get the idea. The main point of the article was talking about the large impact America has on other countries because of our interventionist foreign policy. The answer to this is not to let people of other countries vote in America's elections, but to change the foreign policy of American so that we are not involved in everyone else's affairs.

 

"Perhaps your grip on reality is not quite as firm as you might have hoped" - Todd Connelly


"They that can give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." - Benjamin Franklin

Words are chameleons, which reflect the color of their environment. -Learned Hand, jurist (1872-1961)

What does all of this do to the best minds among the students? Most of them endure their college years with the teeth-clenched determination of serving out a jail sentence. The psychological scars they acquire in the process are incalculable. But they struggle as best they can to preserve their capacity to think, sensing dimly that the essence of the torture is an assault on their mind. And what they feel toward their school ranges from mistrust to resentment to contempt to hatred – intertwined with a sense of exhaustion and excruciating boredom.

--Ayn Rand Capitalism: The Unknown Ideal