Tragic. The US government nationalizing and bailing out major financial institutions it helped to destoy...
I am a libertarian. To contrast this with Democrat and Republican: we might say that the Republicans (at their core) want the government to stay out of our financial lives, but control what we do in our bedrooms (morality/religion). Democrats (at their core) want the government out of our bedrooms, but control how we manage our financial affairs (welfare/regulation/wealth redistribution). Libertarians want the government out of our financial lives and out of our bedrooms. Libertarians stand for the individual rights to life, liberty, and pursuit of happiness according to our own conscience. They believe that the purpose of government is to protect the freedom and rights of citizens through a police force to protect us from the initiation of force by other citizens, court system to protect us from fraud (enforce contracts), and a military force to protect us from foreign invaders. The libertarian stance on foreign aggression is: commerce with all nations, alliances with none. Libertarians not only want us out of Iraq, they want us out of Japan! (and our other 800+ military bases around the world!) Let them hate us for our freedom and wealth, without the military presence/force that forces that freedom and wealth down their throats.
My reasons for being libertarian are simple. I believe that history has demonstrated (in every time. and in every part of the globe) that the more power you give to government, the more those who hold the power will be corrupted by lobbyists (business, religious, bankers, racists, populists, etc.). As PJ O'Rourke put it, "When buying and selling are controlled by legislation, the first things to be bought and sold are legislators." The more money and favors/regulations the government controls, the more money and favors the lobbyists can afford to spend to buy them, because (although it is somewhat of a gamble) the return on investment for lobbying is typically 10 to 1. As a lobbyist, I can spend $50 million dollars influencing various politicians in order to get a $500 million dollar annual contract, and $1 billion to get $100 billion contract. Smart business always follows the clearest incentives, and competing for government largess is clearly incentived. People/politicians are corruptible (especially through blackmail, which money buys easily), and so governments become corrupt. The solution is to reduce government power to reduce the scope and destructiveness of its corruption and keep it maximally accountable to its core functions. Hence, Libertarianism. The American Constitution/experiment, was created by men whom, by todays standards, are radical Libertarians, for the exact reasons stated above. I believe that they created the most beautiful social contract in human history, and I find it tragic that it is being increasingly ignored and distorted. I am patriotic in this sense: I believe that the ideals and values of life, liberty/freedom, protection of our right to use our property according to our own conscience (as long as we are not violating the identical rights of others) are worth cheering about and if necessary, fighting to maintain.
September 18th, 2008 | General Gov't Corruption, Politics, capitalism
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