Free Republic

See also http://www.freerepublic.com/focus/f-news/1094371/posts - why Free Trade is Good and http://www.freerepublic.com/focus/f-news/1094309/posts Free Market, Outsourcing, Socialism flaws The fact that trade protection hurts the economy of the country that imposes it is one of the oldest but still most startling insights economics has to offer. The idea dates back to the origin of economic science itself. Adam Smith's The Wealth of Nations, which gave birth to economics, already contained the argument for free trade: by specializing in production instead of producing everything, each nation would profit from free trade. In international economics it is the direct counterpart to the proposition that...

See also http://www.freerepublic.com/focus/f-news/1094309/posts for Free Market, Outsourcing, and the shortcomings of Socialism .......................................... For more than two centuries, economists have steadfastly promoted free trade among nations as the best trade policy. Despite this intellectual barrage, many practical men and women of affairs continue to view the case for free trade skeptically, as an abstract argument made by ivory-tower economists with, at most, one foot on terra firma. Such people "know" that our vital industries must be protected from foreign competition. The divergence between economists' beliefs and those of (even well-educated) men and women on the street seems to arise in...

Discourse on Outsourcing and the disrespect for the Free Market. Has caused me to compile a simple synthesis of basic ideas in order to cast light on the subjects. The Free Market was once an object of liberty which I thought conservatives respected. Hearing some outcry on this website against Outsourcing and the Free Market due to simple fears about job security was rather disheartening. Below is a quick comment on Outsourcing which can be found at http://comment.cio.com/comments/11840.html. Further down is the main article on the Free Market which is informing and should be read by most. ................................................. Protectionist policies...

Warfare is as ancient as humanity. Its a part of human nature. No war is either just or unjust. It's a means to an end. A disagreement between at least two parties. To argue a war is unjust it to join a side, to say that both sides are acting unjustly is to join a third party in the conflict. Leftists during the Vietnam era supported a violent revolution in America. To them that was a 'Just War.' Justice is determined by the victor. In other words you can apply your moral standard to a war. To determine if it...

Democrats don't appreciate being labeled unpatriotic. They don't like be labeled socialists, or Marxists. They don't like it when people label them as blind narcissists with underlying inferiority complexes, who overcompensate by being overbearingly pompous. It seems they're against labels in general, at least when its not them doing the labeling. They label conservatives as fascists, even though on liberal campuses across the nation they continuously exercise Orwellian restriction of any view that doesn't coincide with theirs. They label Capitalists evil, and support 'good' Communist ideologies in political policies. The subversion of the market, the abolishment of the class system,...

Written at the turn of the 20th century this excerpt offers an incite to the roots of the feminist movement. And a fresh look at its modern day outcome. 232. Woman wishes to be independent, and therefore she begins to enlighten men about "woman as she is"--THIS is one of the worst developments of the general UGLIFYING of Europe. For what must these clumsy attempts of feminine scientificality and self- exposure bring to light! Woman has so much cause for shame; in woman there is so much pedantry, superficiality, schoolmasterliness, petty presumption, unbridledness, and indiscretion concealed--study only woman's behaviour towards...

EXCERPTS FROM frontpagemagazine.com Five, whites are trying their darndest to demonstrate that they too are victims in a society where they dominate. Whites have failed to prove to us that they are not part of the privileged class. They have failed to prove that they have gained so much from subjugation and domination of nonwhites. They have failed to prove to us that they don't have racist, sexist tendencies that just might be part of the very essence of their white skin. They have failed to prove to us that they too have not benefited from affirmative action legislation. They...

Freep this poll on abortion! currently 65% yes 35% no.

Well, he answered patiently, "look around this office." All the computers are from Compaq. The basic software is from Microsoft. The phones are from Lucent. The air-conditioning is by Carrier, and even the bottled water is by Coke, because when it comes to drinking water in India, people want a trusted brand. On top of all this, says Mr. Nagarajan, 90 percent of the shares in 24/7 are owned by U.S. investors. This explains why, although the U.S. has lost some service jobs to India, total exports from U.S. companies to India have grown from $2.5 billion in 1990 to...

The Federal Reserve Board chairman, Alan Greenspan, called on Congress today to rein in federal spending, including entitlement benefits like Social Security and Medicare, in order to cut budget deficits. But Mr. Greenspan, who spent two hours on Capitol Hill this morning offering testimony and answering questions from members of the House Budget Committee, admitted that the size of the deficit made it unlikely that spending cuts alone would be sufficient to accomplish the task. And he said it was unlikely that the United States could "grow its way" out of its budget deficits solely with an expanding economy, a...

From the NY Times Frank Rich to the LA Times Kenneth Turan, the cinema reviewing political left hates Mel Gibson's Passion. Here is the money quote from Turan's execrable misrepresentation of the film: "Instead, what is profoundly disheartening is that people of goodwill will see this film in completely different ways. Where I see almost sadistic violence, they will see transcendence; where I see blame [of the Jews], they will see truth. "In effect, aspects of Gibson's creative makeup — his career-long interest in martyrdom and the yearning for dramatic conflict that make him an excellent actor, coupled with his...

WASHINGTON, Feb. 24 - Alan Greenspan, the chairman of the Federal Reserve, warned on Tuesday that the nation's two big government-sponsored mortgage institutions pose a "systemic risk" that could cost taxpayers dearly.Mr. Greenspan said that Fannie Mae and Freddie Mac, which buy up and repackage billions of dollars' worth of mortgages every year, have grown so rapidly and accumulated so much debt that they cannot adequately hedge against the risks of financial crises.The Fed chairman said both companies, which hold about $2 trillion worth of obligations tied to home mortgages, have grown much faster than their competitors because investors think...

src="http://graphics.nytimes.com/images/dropcap/t.gif" border="0" alt="T" ALIGN="LEFT" />here is certainly no shortage of political heat surrounding the subject of jobs migrating abroad. On the campaign trail, Senator John Kerry routinely decries "Benedict Arnold" bosses. And N. Gregory Mankiw, chairman of the White House's Council of Economic Advisers, faced an uproar after he said earlier this month that offshore outsourcing was a good thing for the economy in the long run.In a presidential election year, when few new jobs are being created despite a growing American economy, the issue of jobs lost to foreign competition - and what can be done about it -...

Campus Thought ControlBy Eric Ferreri and Hunter LewisThe Herald-Sun | February 24, 2004 Students in the UNC class were talking about why straight men might feel threatened by gay men. Tim, a Christian who says his religious beliefs hold that homosexuality is wrong, felt compelled to join the discussion. He considered his remarks innocent. But the professor saw Tim's conservative viewpoint differently. She sent an e-mail to her students singling Tim out and calling the comments "violent" and "hate speech" that she would never tolerate again. At Duke University, Matt Bettis recalls his first day in Gerald Wilson's history...

“The deficit matters if it raises interest rates, and it hasn’t raised interest rates, so one could say it doesn’t matter,” says Wharton finance professor Jeremy Siegel. “If you want to know the truth, the financial markets are pretty sophisticated, and if they’re not worried then I don’t think others should be worried,” he notes, adding that he expects the economy to grow faster than the deficit, reducing any problems the deficit may cause.

ReutersUS CREDIT-How the deficit helps credit qualityMonday January 26, 4:55 pm ETBy Eric Burroughs NEW YORK, Jan 26 (Reuters) - The deficit may be swelling to new records, but investors can thank the government's big budget hole for helping drive corporate credit spreads to their lowest levels in five years. Part of President George W. Bush's second round of tax cuts last year was aimed at corporate profits and investment and has helped free cash for companies in a dramatic way, making them less dependent on debt financing. Because the government is selling more Treasuries to fund the deficit, while...

Saddam's Ambassador to al-QaedaBy Jonathan SchanzerWeekly Standard | February 23, 2004 A RECENTLY INTERCEPTED MESSAGE from Iraq-based terrorist Abu Musab al Zarqawi asking the al Qaeda leadership for reinforcements reignited the debate over al-Qaeda ties with Saddam Hussein's fallen Baath regime. William Safire of the New York Times called the message a "smoking gun," while the University of Michigan's Juan Cole says that Safire "offers not even one document to prove" the Saddam/al-Qaeda nexus. What you are about to read bears directly on that debate. It is based on a recent interview with Abdul Rahman al-Shamari, who served in...

Kerry Identifies the Enemy: The United StatesBy John PodhoretzNY Post | February 23, 2004 John Kerry arrives in New York today. Our city is an old stomping ground of his, of course. He used to hang out at 156 Fifth Avenue - the headquarters of Vietnam Veterans Against the War. Kerry was present at those offices in September 1970, when the group decided to write then-Mayor John V. Lindsay and demand that the city refuse to welcome another organization, one dedicated to representing other American servicemen. The group John Kerry and his associates were protesting was The National Guard...

Hate America Poetry ClassBy Tatiana MenakerFrontPageMagazine.com | February 23, 2004 While Americans and Iraqis cheered when Saddam Hussein was dragged from his spider hole in December, there were, obviously, a few notable exceptions. While Saddam loyalists and anti-American Arabs pouted in gloom and doom, back in the U.S. an anti-American poetry hit parade, entitled “My America,” was held shortly after Saddam’s capture. It was the grand finale of San Francisco State University’s fall semester. Even as TV screens showed the captured Hitler of the Middle East in all his pathetic, unkempt glory, the anti-war show on campus continued. As a part of the Creative...

Feb. 22, 2004 | WASHINGTON (AP) -- Governors worried about increasing demands on National Guard units want to hear from the Bush administration about its long-term strategy in the fight against terrorism. State leaders raised their concerns in a private meeting with the top Guard general and Homeland Security chief Tom Ridge. "It's not that we're not supportive of the war on terrorism and the war in Iraq,'' said Republican Gov. Mike Huckabee of Arkansas. "We have to kind of step back and rethink the whole picture.'' Like other governors, he said the part-time soldiery has seen a transformation in...