Hardcore Capitalist's Perspective - 11/29/2010

• Rep. King Wants Wikileaks Declared "Terrorist Org"
  Rep. Peter King (R-NY) wants Wikileaks declared a "terrorist organization" and tried under the Espionage Act, for exercising the freedom of the press. While the claim is that Wikileaks has "blood on its hands" (it doesn't), the real reason the government is so mad is because it's embarrassed. Embarrassing the State is equal to blasphemy in this day and age. King even said a physical terrorist attack against actual American civilians would have been preferable to Wikileaks's embarrassment of the US government. The State's true colors show.
• TSA Faces Lawsuit Barrage
  The TSA is being hit with a barrage of lawsuits from violated passengers, including a woman whose breasts were exposed and then laughed at by TSA agents during a patdown, a man who is being fined $11,000 for choosing to be escorted out of the airport rather than be groped or nude-scanned, and a pregnant woman whose breasts were also exposed and whose husband was arrested for protesting his wife's treatment. The best of luck to these courageous passengers in their pursuit of justice.
• 8 Million Stop Using Credit Cards
  While the borrow-and-spend Keynesians are, I'm sure, horrified at the prospect of people starting to cut back and save, this is a positive development. Excessive credit is what got us into this economic mess. In order to rebuild our economic infrastructure, we need capital, and in order to invest in capital, we need savings.
• Population Control the Centerpiece of Hillary's Foreign Policy
  State Secretary Hillary Clinton is launching a $63 billion initiative promoting population control measures around the world. While I'm sure taxpayers will be outraged at the fact that their dollars are funding foreign abortion clinics and supporting China's One Child Policy, I'd like to take this opportunity to point out that the problem with the world is not "too many people". More people = more labor, which = more goods. The problem is governments not allowing people to be free to provide for themselves and become successful.
• Leslie Nielsen Dead at 84
  Leslie Nielsen, comedy/drama/action/sci-fi actor, passed away Sunday evening at the age of 84. I'm always far more saddened by the passing of someone who offered a good or service that other people voluntarily wished to buy, than by the passing of some self-glorifying State "leader" who lived in high style off the backs of taxpayers. Private sector heroes like Nielsen should receive more honor than any president, legislator, or bureaucrat.
• US Aid to Pakistan Was Wasted
  Comments David Shellenberger: "There is an issue more fundamental than the transparency of aid to Pakistan. It is the question of why U.S. taxpayers are providing any aid. Pakistan's government suppresses the economy through poor policies including subsidies, price controls, trade and investment barriers, and maintenance of state-owned companies. Pakistan needs reform, not aid."

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Published at RightOSphere.com.