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Articles Posted by billflax

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  • Remember Your Oath To Protect The Constitution, Mr. President

    02/13/2013 6:18:19 PM PST · by billflax · 19 replies
    Forbes ^ | 02/13/2013 | Bill Flax
    Mr. President, perhaps amidst the merriment surrounding the inaugural festivities you misremembered your oath. Sir, you solemnly swore “to preserve, protect and defend the Constitution.” But these few weeks hence, your State of the Union speech essentially disavowed America’s cherished founding charter. Many left-leaning pundits applaud your “bold” vision to radically redefine America. President Obama, you are understandably emboldened by re-election, but you were not made king. Regardless of whether you agree with constitutional precepts, you’re still legally bound; still compelled by the sacred oath you swore. Perhaps while lecturing college students on Constitutional Law you read it. What authorization...
  • Congress's Policies Steal Our Freedom While Rewarding Irresponsibility

    01/30/2013 6:32:49 PM PST · by billflax · 4 replies
    Forbes ^ | 01/29/2013 | Bill Flax
    Confession: I plucked the inspiration for this piece from my father. Given the premise, perhaps that’s appropriate. The common underlying current to the progressivism which has saturated America’s social, political and economic firmament is an erosion of America’s multigenerational purpose. The federal apparatus has supplanted families as our primary support mechanism. Families provide the sure foundation undergirding Western Civilization. No laws or economic remedy can arrest social breakdown if the family structure fractures. Yet, progressives have commandeered the political realm to overhaul culture. Marriage withers under easy divorce, subsidized illegitimacy, and the desire among progressives to make it anything and...
  • Want To Tell The State To Stick It? Homeschool Your Kids.

    01/22/2013 9:53:44 AM PST · by billflax · 44 replies
    Forbes ^ | 01/22/2013 | Bill Flax
    "This notion that the children belong to the state, that their education must be provided for by the state … is inimical at every step to liberty.” – J. Gresham Machen The swelling legions of homeschoolers poke a subtle rebuke at America’s ever expanding nanny state. Under both parties, Washington has systematically invaded private spheres and co-opted public services historically performed by local bodies. But a spontaneous groundswell of freedom minded folks has continued America’s rich inheritance of rugged individualism. The God-fearing, flag-waiving, gun-toting homeschool crowd embodies the American spirit of mutual self-reliance. You won’t encounter a more neighborly bunch....
  • The 2nd Amendment Is What Makes The Other Nine Possible

    01/15/2013 6:21:00 PM PST · by billflax · 18 replies
    Forbes ^ | 01/15/2013 | Bill Flax
    As debates over firearms simmer and President Obama mulls sweeping firearm restrictions via executive orders, media personalities like Piers Morgan dismiss guests defending gun rights with contempt. You’d think resistance to disarmament amounts to culpability for the Sandy Hook slaughter. Yet, as John Lott’s bestseller, More Guns, Less Crime, highlights crime rates have tumbled while gun ownership has soared, including permits to carry concealed weapons. America has more murder than many similarly advanced countries, but overall violent crime, save inner-cities plagued by family breakdown, remains below peer nations. The streets in Mr. Morgan’s England are far more dangerous.
  • Hobby Lobby Fights The Good Fight Against Obamacare Tyranny

    01/08/2013 6:23:17 PM PST · by billflax · 18 replies
    Forbes ^ | 01/08/2013 | Bill Flax
    Welcome to Obamaland where our inalienable rights are being gradually degraded. Now that President Obama needs never to curry electoral favor again will government’s grasping overreach soon strangle a successful arts-and-crafts company? “We’re just going to have to cross that bridge when we come to it,” says attorney Kyle Duncan of the Beckett Fund for Religious Liberty. Mr. Duncan represents Hobby Lobby, a family-owned retail chain risking severe penalties for putting principles before profits. Limited self-government descends into tyranny. Hobby Lobby faces looming fines of up to $1.3 million per day for refusing to abide a spurious provision of the...
  • Marriage Is A Private Matter That's None Of The Federal Government's Business

    12/11/2012 6:42:39 PM PST · by billflax · 28 replies
    Forbes ^ | 12/11/2012 | Bill Flax
    The U.S. Supreme Court recently opted for two cases pertaining to same-sex marriage. Windsor v. United States challenges the 1996 Defense of Marriage Act. Had Edith Windsor's deceased “spouse” been a man she would have been saved $363,000 in estate taxes. The other concerns the Ninth Circuit’s overturning Proposition 8; a successful ballot initiative which prevented same-sex marriage in California. Leave lawyering to lawyers, but when pendulums swing sometimes they return like wrecking balls smacking those who previously prodded the pendulum. Government, at least Washington, should not interfere in marriage. It has, sometimes at the insistence of those most adamantly...
  • Is America still a Center-Right Nation? Voting Patterns Say It Isn't

    12/04/2012 7:36:33 PM PST · by billflax · 38 replies
    Forbes ^ | 12/04/2012 | Bill Flax
    The Eighties action flick Red Dawn has been redone. It’s preposterous that Soviet Russia’s dilapidated economy, let alone North Korea in the remake, could marshal sufficient logistical capacity to project more than a token force across an ocean. Given the Communist Party USA’s ecstatic response to Barrack Obama’s re-election, Democrats may be succeeding where the Red Army dared not tread. CPUSA’s Sam Webb gloats, “The Communist Party said a year ago that the 2012 elections would be the main front of the class and democratic struggle, and subsequent events have confirmed that fact... Had Romney won the Presidency and the...
  • Memo To The ACLU, Don’t Put Women Into Combat

    11/29/2012 5:21:45 PM PST · by billflax · 9 replies
    Forbes ^ | 11/29/2012 | Bill Flax
    Many nights as I stroll into the kitchen after work three little ones come at a gallop. My daughters arrive first, bearing hugs, one on each arm. Then my son with a grin so bright and so big it barely fits his face lands a haymaker in the one spot a three year old can hurt you. As many parents can attest, boys and girls differ. Try as the Left may to thwart reality, adult men and women remain different. It’s impossible to comprehend human interactions without recognizing this undeniable certainty. Nevertheless, the American Civil Liberties Union has launched legal...
  • Forget What The Media Say, Republicans And Minorities Are Made For Each Other

    11/27/2012 4:48:12 PM PST · by billflax · 9 replies
    Forbes ^ | 11/27/2012 | Bill Flax
    Despite stagnant markets and tepid approval marks, President Obama cobbled together a coalition of religious and ethnic minorities, single women, government employees and union members to attract 50.6 percent of voters. This prompted many pundits to proclaim there aren’t enough grouchy old white men for Republicans to remain relevant. DNC Chairwoman Debbie Wasserman-Schultz chastised that Republicans, “got whiter and more male.” David Bositis told CNN earlier this year, “Their voters are white, aging and dying off.” The Left becomes increasingly ecstatic as the Caucasian majority shrivels. Minority populations are younger, expanding rapidly and demand action. But several factors are missed....
  • In Election 2012's Aftermath, Biblical Christians Will Become Increasingly Marginalized

    11/20/2012 6:18:36 PM PST · by billflax · 30 replies
    Forbes ^ | 11/20/2012 | Bill Flax
    In the election’s aftermath, the culture war looks like a rout. Few ever relished this fight; most preferred simply to be left alone. We aren’t community organizers. Sadly, neutrality was not realistic. No, being Switzerland was never an option. By not defending America’s heritage of limited government, free markets and biblical morality, we’re being overrun a la Belgium. Powerful forces array. Christians consider this battle in spiritual terms. Conservatives sense a political donnybrook. Others deplore eroding standards of conduct and lost liberty. The Left vies for our children’s hearts, souls and minds. While no majority, progressives dominate the dissemination of...
  • After A Bitter Election, Unite A Divided Nation Around Federalism

    11/13/2012 5:51:34 PM PST · by billflax · 14 replies
    Forbes ^ | 11/13/2012 | Bill Flax
    “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” - Tenth Amendment What a nasty, sordid presidential campaign, particularly if you live in a hotly contested area. Thankfully, we watch very little television, but wow, talk about being inundated with attack ads. Apparently, Ohio got the point, Romney is evil. Some voters are now elated while others are depressed. Still more risk experiencing buyer’s remorse. Many in battleground states are just relieved it’s over. The increasingly rancorous nature of elections reflects...
  • Mitt Should Have Become The Romney Whom Obama Ridiculed

    11/07/2012 3:21:24 PM PST · by billflax · 3 replies
    Forbes ^ | 11/07/2012 | Bill Flax
    Witnessing the presidential results springs several old sayings to mind. It’s been noted that you can vote yourself into socialism, but you can’t vote yourself back out. Apparently, America wants to continue testing the iron law of economics trying to find that there is such a thing as a free lunch. Let’s keep the fantasy going; someone else will pay for it later. President Obama largely spent his first term campaigning on the taxpayers’ tab. The bunch from Chicago reconfigured the Executive Branch into a dole dispensing contraption bolstering cronies and bribing the electorate. The result: four consecutive trillion dollar...
  • Democrats Are About To Be Doubly Disappointed

    11/01/2012 3:29:34 PM PDT · by billflax · 5 replies
    Forbes ^ | 11/01/2012 | Bill Flax
    Democrats could be doubly disappointed come January. President Obama might be handing Mitt Romney unparalleled presidential power. The best alibi liberals can leverage in defending Obama’s overstretch continues to be blaming problems "inherited" from Bush while scaring voters about Mr. Romney’s sinister aspirations. Rather than tout his public sector expansion Obama’s electoral pitch consists largely in lambasting Romney for private sector success. To illustrate a point, accept that Republicans are equally inept, waste as much and are just as scandal prone as Democrats. Pretend Romney really is the fiend that Obama’s attack ads caricature. He'll outsource your job then let...
  • How should Christians vote on November 6th?

    10/29/2012 7:41:14 PM PDT · by billflax · 101 replies
    Forbes ^ | 10/29/2012 | Bill Flax
    Christians frightened for America’s future face a conundrum this electoral season. Biblical precepts must steer our politics; loving God with all our hearts, souls and minds obviously includes discernment at the polls. “When you enter the voting booth,” says R.C. Sproul, “don’t leave your Christianity in the parking lot.” How should Christians vote their beliefs? Only God knows either candidate’s heart, but Mitt Romney professes Mormonism. Culturally, Mormons make for great neighbors and business partners. Many behave better than most Christians, but faith is more than mere morals. When Latter-day Saints talk of Christ they conceive of a created being....
  • A Common Sense Approach to Foreign Policy That Both Candidates Miss

    10/23/2012 5:59:54 PM PDT · by billflax · 3 replies
    Forbes ^ | 10/23/2012 | Bill Flax
    “The great rule of conduct for us, in regard to foreign nations, is, in extending our commercial relations, to have with them as little political connexion as possible.” – George Washington The last debate established that both parties miss the obvious. Mitt Romney and Barack Obama nibbled around the edges, largely agreeing. They reduced foreign policy to being compassionate about “gender equality” while trying to talk tough. Both would do this and undo that, making promises they’ll never keep all while purporting fiscal responsibility. Neither explained an underlying principle informing their decisions. Without such a compass, each seems inclined to...
  • Benghazi: Four Americans Died, Obama Lied, And The Press Complied

    10/18/2012 7:48:39 AM PDT · by billflax · 14 replies
    Forbes ^ | 10/18/2012 | Bill Flax
    The recent fiasco in Libya and the manner President Obama’s media minions have abetted his deception provides an epitaph for the soon to be demised Obama administration: Four Americans died. Obama lied. The press complied. Republicans have been trying to highlight the terrorist attack on our Libyan embassy for weeks, but recognizing how damaging this episode was to Obama’s credibility, media coverage has been subdued. Who requested what security and when is important, but these things always appear obvious in hindsight. Much more telling is the way our hyper-partisan press ignored how the administration initially attributed Bengazi to some YouTube...
  • Recent Banking Trends Offer Clues About The Business Cycle

    10/16/2012 11:26:07 AM PDT · by billflax · 3 replies
    Forbes ^ | 10/16/2012 | Bill Flax
    Recent banking trends offer subtle clues about the business cycle. The financial crisis which burst across world markets in 2008 stemmed from explosive monetary policy during the preceding period. An old banking adage holds that the worst loans fund in the best of times. Greenspan’s Put and Bush’s deficits injected cortisone after the tech bubble dislocated markets and 9/11 hit. Instead of allowing the recession’s curative surgery, intrinsic weaknesses were perpetuated. From artificially low interest rates and devalued dollars to fiscal deficits rewarding idleness, federal policies prodded us from savers to borrowers and from producers to consumers. Nothing can be...
  • Though Biden Didn't Win, He Brilliantly Reprised Bonecrusher Smith - Bashing Biden with Boxing

    10/12/2012 2:57:09 PM PDT · by billflax · 8 replies
    Forbes ^ | 10/12/2012 | Bill Flax
    The presidential debates have elicited abundant boxing metaphors, which as a former boxer and coach can always be entertaining. Boxing only works so well as a debate analogy because unlike verbal sparring, there are no predetermined spans of offense and defense. In debates, both speakers are supposed to get turns. At least, before Joe Biden obliterated the Marquis of Queensberry by incessantly interrupting his challenger Paul Ryan. Biden boxed brilliantly even if it wasn’t pretty and drew little blood. Before last night’s bout, reporters asked Biden if he would “rope-a-dope?” Biden boasted, “You ever see me rope-a-dope?” If you recall,...
  • Obamacare will stifle healthcare innovation making it a real pain

    10/09/2012 7:00:01 PM PDT · by billflax · 2 replies
    Forbes ^ | 10/09/2012 | Bill Flax
    Obamacare sparked criticism for it inducing government dependency, aggravating budget pressures, and even failing to reduce insurance premiums as promised, but the law also increasingly politicizes healthcare innovation. Sown throughout what encompasses thousands of rules, Washington has established itself as the hinge on which healthcare turns. Businesses must please political masters before serving customers. Medical investment will mirror energy, where research and development no longer follows market dynamics. Instead, taxpayers cater to the connected and politically favored. To see why, take the much reviled medical device tax. Under the Affordable Care Act, beginning January 1st, sales of medical devices from...
  • Pigford II: Politically Correct Wealth Redistribution Infects Obama's USDA

    10/04/2012 5:56:48 AM PDT · by billflax · 5 replies
    Forbes ^ | 10/02/2012 | Bill Flax
    Federal functionaries serving radical agendas rather than taxpayers riddle Washington. Last week came further evidence that cultural Marxism imbues the Department of Agriculture. Orthodox Marxism fixates on the economic, revolving around class struggles. Cultural Marxism, otherwise called political correctness, incorporates social dynamics. The “privileged” class extends beyond capitalists and bourgeois to whites, men, Christians and heterosexuals. While workers are still afforded victimhood those “alienated” by American culture also include minorities, women and even people behaving ways historically considered immoral. President Obama perceives society through this politically correct prism. His raison d’être rests on a post-modern variant of Marxism popular in...
  • Was America Founded As A Christian Nation?

    09/25/2012 7:24:27 PM PDT · by billflax · 103 replies
    Forbes ^ | 9/25/2012 | Bill Flax
    Few matters ignite more controversy than America’s Christian roots. The issue reverberates anew this electoral season where the faiths of both major candidates have been questioned. Religion imbues politics. The battle over America’s beginnings muddles wishful hero worship with efforts to commandeer America’s past so to steer her future. The most vocal proponents of Christian America and their counterparts advocating a completely secular state necessarily cherry-pick data to prove exaggerations while discarding inconvenient details. By transforming our Forefathers into faithful servants of Christ the Religious Right risks compromising the biblical message. Baptist theologian Al Mohler warns advocates of Christian America...
  • Moody's May Rate Treasuries AAA, But Central Planning Scores An F

    09/19/2012 3:59:35 AM PDT · by billflax · 1 replies
    Forbes ^ | 09/18/2012 | Bill Flax
    Federal indebtedness recently surpassed $16 trillion. Moody’s quickly reiterated that America’s debt rating could be cut if Washington fails to navigate the approaching fiscal rapids. Can Congress keep the state ship afloat? They can’t even pass a budget. Meanwhile, with QE3, Ben Bernanke’s Fed cast credibility overboard by nakedly politicizing monetary policy. Unfortunately, deficits and rate manipulation have muddled recovery. With currency no longer anchored to the certainty of gold and the Constitution no longer America’s political compass, Washington has led the economy adrift. Whatever Moody’s ultimately scores Treasuries the central planners are lost at sea. Washington gets an F.
  • Libertarians have a stake in traditional values, too [Does Not Support Abortion, Same-Sex Marriage]

    09/16/2012 6:51:44 PM PDT · by billflax · 45 replies
    Washington Examiner ^ | 09/16/2012 | Bill Flax
    Remember the old saw about speeding: anyone zipping along faster is nuts, but slower drivers are idiots. Ideologues believing in limited government are an obstinate breed, myself included. We find anyone who wants more government as fools, but those desiring even less are crazy. In theory, if everyone went 65 we'd never have a traffic jam. Sadly, state authority is necessary because of man's fallen nature. Many libertarians approve same-sex marriage. Likewise, some perceive abortion as fundamental to freedom, even questioning Ron Paul for championing life. Meanwhile, Americans have grown so inured to government intervention that letting people purchase contraceptives...
  • If Bernanke Bails Out Obama Get Ready For Five Buck Gas - Post Election

    09/06/2012 5:51:33 PM PDT · by billflax · 14 replies
    Forbes ^ | 09/06/2012 | Bill Flax
    Once there was an unwritten rule that the Federal Reserve would refrain from significant policy adjustments before an election. Few things are as encompassing to culture as our currency, or as vital that they be thought free of intrigues. With public confidence in the dollar diminished, or perturbed by politics, society suffers this dearth of trust in more than just finance. Commentary abounds that Mr. Bernanke will soon commence yet more quantitative easing, QE3 for short. Why? Clearly the ongoing economic stagnation stems not from prohibitively high interest rates. Rates hover just off historic lows. Given the moribund economy, financial...
  • The National Debt: $16 Trillion Dollars Of Moral, Cultural And Political Decay

    09/04/2012 3:30:10 PM PDT · by billflax · 9 replies
    Forbes ^ | 09/04/2012 | Bill Flax
    Wow! We’ll soon cross Sixteen Trillion Dollars in Federal Debt! S-i-x-t-e-e-n T-r-i-l-l-i-o-n D-o-l-l-a-r-s. That’s a lot of vote buying even for Washington. Is this ruin? Have we indentured our children into servitude? Solomon warned borrowers will be slaves to their lenders. Add $120 plus trillion in unfunded forthcoming liabilities and, well, we’re doomed. Yet, as significant as this looks, and sixteen trillion of anything cannot be insignificant, the economic repercussions are the least of America’s worries. We still finance this cheaply. Rates on Treasuries remain low. Moreover, America endures as the world’s preeminent economic engine. Obviously, debt weighs heavily on...
  • Sorry Joe Biden, But It's Liberalism That Chains The Poor To Dependency

    08/21/2012 4:07:54 PM PDT · by billflax · 2 replies
    Forbes ^ | 08/21/2012 | Bill Flax
    Vice President Biden presented America with what liberals might call a “teachable moment.” Race has long served as a trump card silencing opposition. Whites wilt when challenged by race. But Biden ups the ante by insinuating Republicans trying to ease financial regulation harbor sinister intentions. Biden warns blacks, “they gonna put y’all back in chains.” More freedom, via less red-tape, translates as slavery. America is apparently so endemically prejudiced, “institutionally racist” some say, that minorities risk grave calamity without Washington’s muscular intervention. President Obama re-confirmed Biden as running-mate and refuses to repudiate him. Team Obama’s divisive message: Racist Republicans would...
  • The Tea Party and Progressives Speak Separate Languages

    08/16/2012 6:00:53 PM PDT · by billflax · 19 replies
    Forbes ^ | 08/16/2012 | Bill Flax
    Ample rebuttal has been served against President Obama’s “You didn’t build that!” claim. Obama retreated, but then recently insinuated “Romney-Hood” will help the rich rob the poor via tax breaks and describes Paul Ryan’s budget proposal as “thinly veiled Social-Darwinism.” As absurd as these ideas sound, crowds cheered. We’re not witnessing rival visions offering different paths to similar ends. The gulf extends beyond whether borrowing and spending better ushers prosperity as opposed to saving and producing; aggregate demand maintenance versus supply-side economics. It’s deeper. A widening political divide besets America. The sides not only propose competing, even contradictory methods, Left...
  • With Paul Ryan, Romney Rejects Gender Politics In Favor Of Sound Principles

    08/14/2012 10:01:09 PM PDT · by billflax · 9 replies
    Forbes ^ | 08/14/2012 | Bill Flax
    America finally has a politician running nationally those who esteem freedom can respect both in character and also largely in ideology. From his “Aw Gosh” demeanor and Middle-American values, springs a nimble mind which quickly grasps the core issues. He can even articulate them without a teleprompter. Mitt Romney chose rightly in Paul Ryan. The Romney campaign had recently tested Condi Rice as a trial balloon. The Wall Street Journal exhilaratingly proclaimed, “Ms. Rice's assets are obvious: She's a woman; she's black …” It looked bleakly like Romney might trip into the same trap as Senator McCain. Sarah Palin is...
  • A Christian, Libertarian Perspective on the Chick-fil-A Controversy

    08/02/2012 1:32:43 PM PDT · by billflax · 22 replies
    Forbes ^ | 08/02/2012 | Bill Flax
    Chick-fil-A’s owner, Dan Cathy, has been excoriated recently for pronouncing Christian principles and fearing God’s judgment. When asked about his traditional take on families, Mr. Cathy acknowledged, “Well, guilty as charged.” “We are very much supportive of the family — the biblical definition of the family unit.” Cathy continued, “We are a family-owned business, a family-led business, and we are married to our first wives. We give God thanks for that.” A firestorm ignited. Media outlets nationwide translated this benign statement into portraying Cathy as some raving bigot intent on persecuting anyone with whom he disagrees. The outcry prompted the...
  • Affirmative Action In Bank Lending Policy Promises Financial Disaster

    07/28/2012 7:28:45 AM PDT · by billflax · 15 replies
    Forbes ^ | 07/26/2012 | Bill Flax
    Welcome to the bizarre world of banking regulation. Despite the recent disaster wrought by affirmative action lending, Washington ratchets up still more politically correct requirements and shifts the measure of discrimination towards “disparate impact.” Even unbiased behaviors are subject to penalty unless they benefit protected classes. It’s no longer blind justice meted equally before the law. “Diversity” has become Washington’s Holy Grail, discharging unequal justice in preference for specific outcomes. The burden on businesses expands beyond banning discrimination into virtually requiring reverse discrimination. Recall before the Great Recession, banks supposedly did not sufficiently extend credit for minorities and less affluent...
  • Making Sense Of The LIBOR Mess, A Free Market Perspective

    07/19/2012 3:57:29 PM PDT · by billflax · 24 replies
    Forbes ^ | 07/18/2012 | Bill Flax
    America has a serious problem. The integrity of interest rates has been compromised. Free enterprise requires fidelity and trust. A banking cabal regularly conspires to rig rates benefiting large banks and their political allies. These actions almost certainly harm others. Collusion and market manipulation are reprehensible, but enough about Ben Bernanke and his merry price fixing elves at the Federal Reserve, let’s delve into the LIBOR scandal. For disclosure, I’m a bank underwriter. My employer has not been implicated (and almost certainly won’t be) and my department doesn’t use LIBOR. Nonetheless, note, the following observations are mine alone. We can...
  • The Moral Imperative of Free Markets

    07/19/2012 3:46:02 PM PDT · by billflax · 11 replies
    Forbes ^ | 07/12/2012 | Bill Flax
    President Obama’s campaign trumpets compassion while portraying Mitt Romney’s business acumen as immoral. Obama presumes righteous superiority, but how is exploiting the poor for political props presidential? Why must Romney justify success? How, two decades after communism collapsed, does antagonistic class rhetoric retain credibility? Liberals paint free markets as morally lacking by bemoaning that capitalism plunders workers and pillages the environment. Progressives compare real world capitalism – distorted by fallen man and political intrusion as it inevitably exists – against theoretical ideals never attained anywhere, leastwise in socialist systems prone to oppression and ecological calamity. Progressives exaggerate the excesses and...
  • Ancient Wisdom Declares Obamacare Ruling Worse Than Even Obamacare

    07/05/2012 6:43:52 PM PDT · by billflax · 11 replies
    Forbes ^ | 07/05/2012 | Bill Flax
    “A republic, if you can keep it.” Ben Franklin Masked by chatter around judicial wrangling, electoral ramifications and how the surprising Obamacare decision impacts policy, many miss the wretched significance of Chief Justice Roberts’ twisted logic. He has empowered runaway government certain to incite chaos. The Affordable Care Act reflects the logical continuation of a decades-long drift toward domineering by Washington over every facet of life. Not logical as in likely to succeed. Few government initiatives do. But logical because rather than scuttle past failures, subsequent congresses spawn new efforts to offset what prior funding merely squandered. Taxpayers already footed...
  • Feminists Are Waging War On Family Finances

    04/19/2012 7:15:15 PM PDT · by billflax · 12 replies
    Forbes ^ | 04/19/2012 | Bill Flax
    Democratic strategist Hilary Rosen, exemplifying mainstream media’s pervasive bias, unleashed a firestorm recently. Ms. Rosen ridiculed Mitt Romney’s wife regarding the economic literacy of stay-at-home mothers; contemptuously dismissing Ann Romney for “never having worked a day in her life.” Many mothers managing family finances implicitly understand economics better than political strategists or government bureaucrats. Housewives engage markets constantly. Ludwig von Mises noted of inflation, the “housewife knows much more about price changes as far as they affect her own household than the statistical averages can tell.” The myriad advantages of full time motherhood extend far beyond finance, but there are...
  • Who is Paul Krugman kidding? Inflation is morally abhorrent

    04/17/2012 7:43:36 PM PDT · by billflax · 11 replies
    Forbes ^ | 04/17/2012 | Bill Flax
    Paul Krugman again. Still beholden to chimerical Phillips Curve absurdities, the professor proposes inflation to stimulate stagnant labor markets. The Phillips Curve insists that rising inflation lowers unemployment. The theory presumes businesses increase prices faster than workers’ wages raise effectively making labor inexpensive. When real salaries shrink, hiring accelerates. As Krugman details, the Fed’s focus is dual: stable prices and full employment. So he seeks to overcome persistent unemployment through purposeful failure on the price front, lamenting that “Fed officials ... are feeling intimidated ... and that American workers are paying the price for their timidity.” Krugman thus urges Ben...
  • EPA's new farcical carbon mandate

    04/06/2012 11:20:00 AM PDT · by billflax · 7 replies
    Washington Examiner ^ | 04/05/2012 | Bill Flax
    Bill Flax Popular in Opinion 1 PETA vs. people ... and animals 2 EPA's new farcical carbon mandate 3 Manhattan Moment: One word hurting growth: Zero 4 Examiner Editorial: Obama's budget, not Ryan's, is 'antithetical' to history 5 How many incumbents voted themselves a pay raise this year? Last week the Environmental Protection Agency issued new standards for carbon dioxide requiring that fewer than 1,000 pounds of carbon dioxide be released per megawatt-hour of electricity. Plants running on natural gas already average below 850 pounds. Coal-fired plants, which emit on average 1,768 pounds per megawatt-hour, cannot achieve this without prohibitively...
  • Dueling Economic Visions In the U.S.: On Your Own vs. On the Dole

    04/05/2012 6:44:07 PM PDT · by billflax · 9 replies
    Forbes ^ | 04/05/2012 | Bill Flax
    Dueling visions fight for America’s future. It isn’t so much conflicting economic theories seeking similar ends, but fundamental disagreements over the scope of government. The competing sides champion very different ideals. The debate pits forces seeking safety through government against those striving to live free of government interference; between those thinking it one’s responsibility to provide for his own and those who essentially suggest the state exists so we don’t have to. President Obama repeatedly pillories Republicans for espousing “On your own” economics while seemingly esteeming “On the dole” economics himself. He rails that the rich should fork over their...
  • Why Is Observing Obama As A Marxist Verboten?

    03/22/2012 12:23:29 AM PDT · by billflax · 40 replies · 1+ views
    American Thinker ^ | 03/22/2012 | Bill Flax
    The recent release of a tape by Andrew Breitbart's outfit sparked renewed interest in President Obama's murky past. In anticipation, conservatives were elated that the president might finally be exposed. The tape showed Obama, then at Harvard Law, orchestrating a protest on behalf of Derrick Bell. Without providing any background on just how radical is Professor Bell, the compliant liberal media derisively dismissed it all as conservative paranoia, even proclaiming presidential vindication. It still appears preposterous to purport that America elected a communist ideologue. The world's greatest beneficiary of capitalist bounty would never willingly empower a radical socialist to "fundamentally...
  • The Winner of the Civil Rights Movement was . . . Washington, DC

    02/14/2012 1:55:32 PM PST · by billflax · 5 replies
    Forbes ^ | 02/14/2012 | Bill Flax
    Amidst flowery February orations, in retrospect, the Civil Rights movement’s main beneficiary appears to be Washington. State segregation ceased, which is well, but forced federal integration remains, well, wrong. Washington rightly overturned denials of freedom oppressing southern blacks, but did so by infringing on others’ liberties elsewhere. En route, civil rights became the sine qua non of American statism. Civil rights legislation provided the primary catalyst for government’s escalation since WWII. Sadly, the Civil Rights Act brought neither legal equality as proposed in theory; nor equality of outcomes to which the Left strove in practice. The CRA failed doubly. First,...
  • Newt, Nancy Pelosi and the Nadir of American Politics

    02/07/2012 4:50:17 PM PST · by billflax · 31 replies
    Forbes ^ | 02/07/2012 | Bill Flax
    Nowhere is the haughtiness of American politics better displayed than with our dueling former Speakers. The latest love spat between Newt Gingrich and Nancy Pelosi illuminates America’s sorry political state. She keeps coyly insinuating she knows something and will time its release for maximum damage. It appears Mr. Gingrich is finished anyway, and I’m no fan. His infidelities trouble me. His overarching concern seems to be Newt Gingrich, a not uncommon trait in politicians, but hardly the attribute of a transcendent leader. His prior associations with Mrs. Pelosi promoting Cap and Trade and frequent policy flip-flops reveal an unscrupulous opportunist....
  • The Civil Rights Movement's Wrong Turn

    02/06/2012 3:57:20 AM PST · by billflax · 8 replies
    American Thinker ^ | 02/06/2012 | Bill Flax
    This February, let's acknowledge several forgotten heroes from black history. We ought to laud those who actually strove for what the laundered historical ledger pronounces as the all-encompassing intent of the civil rights movement: laws affording equal protection regardless of race. Sadly, these stalwarts in the struggle against segregation have been consigned to historical obscurity by the politically correct acclaim for their resentment-fomenting rivals. Popular culture extols Marxists like W.E.B. Du Bois, despite his repeated praise for Stalin and Mao, even while he despised everything America represents. Dubois's heritage is best perpetuated by Jeremiah Wright, Jessie Jackson, and Al Sharpton...
  • Tim Tebow Doesn't Play For The Prosperity Gospel.

    02/03/2012 1:34:28 AM PST · by billflax · 27 replies
    RealClearReligion ^ | 02/03/2012 | Bill Flax
    Tim Tebow is back in the news after cancelling an appearance with a group of pastors spouting the Prosperity Gospel. Apparently, Mr. Tebow agreed to speak before he realized whom he was supporting. The Prosperity Gospel reflects a new variant on an ancient apostasy presuming our material standing proportionate to our moral stature. Many of America's fastest growing churches feature this errant blending of theology with materialism. Megachurches espousing this feel good nonsense litter the landscape while televangelists have been catapulted into the public face of Christianity. It's compelling and easily misleads because it's intuitive. Those who serve God best...
  • Was Jesus A Socialist, Capitalist Or Something Else?

    01/31/2012 7:05:50 PM PST · by billflax · 54 replies
    Forbes ^ | 01/31/2012 | Bill Flax
    It’s fascinating how frequently modern dilettantes re-make Christ in their image via Matthew 25. Socialists finesse Scripture to justify redistributing wealth to “the least of these” (Matthew 25:40), while capitalists overplay the Parable of the Talents (Matthew 25:14-30). Both tout Christ’s teachings as a trump card. Other passages are mentioned. Socialists highlight descriptions in Acts of voluntary, privately orchestrated, local and temporary communalization to prescribe permanent, coerced communism under a distant, godless government. But Matthew 25 leads from both directions. The rapidity and carelessness of these misappropriations of “End Time” parables startles anyone who actually reads Matthew 25. Either these...
  • Christians, Big Government Is Not Your Friend

    01/25/2012 4:19:24 AM PST · by billflax · 6 replies · 1+ views
    RealClearReligion ^ | 01/25/2012 | Bill Flax
    Christians have grown inured, supportive even of government's relentless expansion. This may partly reflect biblical teaching that Believers submit to worldly authorities; we yield to Caesar what is Caesar's. Perhaps it represents misguided patriotism, a longing to support our nation manifested as trusting government. But godliness emulates Christ, who remained pure despite being surrounded by impurity. Obedience reveals our walk, not sanction that Washington's actions are necessarily right. True patriotism and biblical justice argues against much of the Federal Government's domestic activity. Godly governments defend the innocent and punish wrongdoers. Theologian R.C. Sproul clarifies, "The function of government is to...
  • A Classical Liberal Defense Of The Constitution

    01/24/2012 5:25:09 PM PST · by billflax · 4 replies
    Forbes ^ | 01/24/2012 | Bill Flax
    “Liberty is not a means to a higher political end. It is itself the highest political end.” – Lord Acton Americans have long been blessed. We’ve never been perfect but this cynical, politically correct age tends to harp more on our deficiencies than highlight the astounding prosperity that a generally free society brought. Today, some of our youth assume wealth their birthright while disparaging its capitalist wellspring. America’s heritage was one of free markets with limited, constitutional government. Independence was born less from revolution than a defense of historic liberties based on innate, natural rights. The founding vision affirmed tradition...
  • We don't want Washington wasting Warren Buffett's money

    01/17/2012 4:23:32 PM PST · by billflax · 2 replies
    Forbes ^ | 01/17/2012 | Bill Flax
    What might an imaginary trillionaire do with what Uncle Sam leaves him? He can buy something, give to charity, bury it or (re-)invest seeking greater gains. Clearly these are better conducted by those outlaying their property versus government bureaucrats squandering what others create. Maybe our nascent trillionaire will donate to worthy causes. Rockefeller reportedly gave over half a billion dollars away. Andrew Carnegie was similarly generous. Worthwhile charity is subjective, but the one who created wealth can better evaluate this than those bestowing others’ taxes to boost their reelection chances. Few philanthropists would condone massive vote buying welfare schemes where...
  • Obama and NeoConservatives Turn 'Innocent Until Proven Guilty' On Its Head

    01/11/2012 4:46:31 AM PST · by billflax · 15 replies
    Forbes ^ | 01/10/2012 | Bill Flax
    After briefly reacquiring constitutional principles Republicans have been hijacked again by Neo Cons who seemingly believe our mighty military hammer makes every need a nail. Surely there’s someone left on the Right still valuing limited government. Much attention has rightfully fixated on the recent spate of recess appointments by President Obama. Americans should jealously guard our Constitution, which is a charter meant to prevent political abuses. But very little ink has spilled regarding the Administration’s newly codified authority to suspend certain liberties enshrined in the Bill of Rights. Defense is one of the few legitimate federal functions. The military may...
  • Old South Economic Renaissance Leaving North Behind

    01/04/2012 4:20:22 AM PST · by billflax · 6 replies
    Forbes ^ | 01/03/2012 | Bill Flax
    Remember those cartoons with the feisty Confederate snarling, “Lee surrendered. I didn’t.” Well, Dixie has risen, but it seems more “If you can’t beat ‘em, join ‘em.” Southern Hospitality now welcomes corporations as it once did travelers. There is little respite from the national economic doldrums Americans endure due to debased dollars, tax and regulatory uncertainty plus a popular culture increasingly resentful of success. But internal shifts signal that the South beats the North in more than just SEC football dominance. The South long disdained Yankee capitalism, but now in many respects she exhibits freer markets than her historic rival....
  • Consumerism Chucked Christmas Down A 'God Sized' Hole

    12/29/2011 4:49:43 PM PST · by billflax · 5 replies
    RealClearReligion ^ | 12/29/2011 | Bill Flax
    Despite many a pundit's tale, it wasn't secular society that just evicted Christ from Christmas. This assault on faith is neither new nor limited to the holidays. Instead of a peculiar people living as salt and light to a lost world, far too many Believers let the divine splendor of Light descending to Earth be eclipsed under the dull luster of consumerism. We Christians seem unsatisfied by Christ's coming and instead compensate through seeking worldly ends. But if we are too busy living the same lives as unbelievers, who else will give an account of the rich hope that's within...
  • North Korea's Plight Proves The Power Of Free Markets

    12/28/2011 4:01:36 AM PST · by billflax · 6 replies
    Forbes ^ | 12/27/2011 | Bill Flax
    Kim Jong Il, North Korea’s despised Marxist dictator has met his Maker. While not someone many will miss, there are lessons to glean while we anxiously wait for what the future might bring his beleaguered subjects. North Korea ranks among the poorest countries in Asia. Her people suffer brutal persecution under the despots from Pyongyang who forcibly restrict virtually any private economic activity. Compared to South Korea’s vibrant markets, the deplorable plight of North Korea seems painfully unnecessary. Men have debated what characteristics usher affluence since time began. Various explanations have sought to elucidate why some groups prosper whereas other...