trade

Protectionism? Get a Grip!

Protectionism is when the government protects or creates jobs in our country by imposing taxes on imports from other countries. What could be wrong with that? To answer that I am going to use US statistics for 3 reasons: 1) they are more readily available; 2) the argument against protectionism in Canada is the same as in the US even though the figures differ slightly; 3) right now its Americans who are most in danger of being taken in by the protectionist nonsense from con men like Trump and Sanders. So here goes. What’s wrong with protectionism. First: taxation is theft. The government has no moral right to interfere with an agreement between a person in this country and a person in another country and tell them they can’t do business with each other unless the government gets a cut. That’s something a criminal gang does. The government is a […]

International Trade Agreements

Every decision the state makes is wrong. At least in the sense that it is wrong to presume to have the authority to make decisions that rightfully belong to others and then enforce those decisions. The state, all states, have lost that authority (some never had it to begin with) by exercising power beyond that which was delegated by the consent of those over whom that power is exercised. This is at least almost always to be expected. “We have learned by sad experience that it is the nature and disposition of almost all men, as soon as they get a little authority, as they suppose, they will immediately begin to exercise unrighteous dominion.” — DC 121:39 “Power tends to corrupt, and absolute power corrupts absolutely.” — Lord Acton In at least one case, the founding and fundamental principles of a state were set out clearly and in writing and, […]

Obama’s Spending Spree

When Obama took office the US national debt was already a staggering $10.88 trillion. After just 3 years of a fiscally reckless President and an equally reckless Congress, the US national debt has grown to $15.36 trillion. The increase in the debt of $4.47 trillion under Obama is greater than the total debt amassed throughout the entire history of the US from its beginning right up to the end of Bill Clinton’s first year in office. Got that? In 3 years Obama overspent more than every President from George Washington to Bill Clinton combined. The only way Obama was able to stave off national bankruptcy was to approve borrowing even more money, thus all but ensuring that bankruptcy will be inevitable and have even more severe consequences. By the way, before he was elected Obama promised to cut the annual deficit by half by the end of his first term.

To attack or not to attack

Here are a few good articles about Iran. “Good” in the sense that they present the arguments for both sides of the attack vs. do not attack issue. The do not attack argument fails on at least 3 points: 1. Iran is not Iraq. Therefore, you can”t point to the failure in Iraq as evidence for why there should be no attack against Iran. First, there was never any credible evidence that Iraq posed a threat to the West. Iran, on the other hand, is bragging of its efforts to develop a “peaceful” nuclear capability. The trouble is, Iran refuses to limit its uranium enrichment to peaceful levels. So, Iran definitely constitutes a threat whereas Iraq did not. Second, the attack against Iran would be an air war and not an occupation. It would be designed to set back Iran”s nuclear program and could be repeated whenever the program progressed […]

By this time next year Iran will be a smouldering ruin

It”s a simple choice. Iran is a nuclear power or Iran is a smoldering ash heap. I don”t see how you get to any other alternative. The US will bomb Iran before Bush ends his term because it is too risky for him to leave it to the next President who may be Hilary Clinton. Guiliani would do it but he has to get elected first. I’d rather take the consequences of bombing Iran then let them acquire the means of starting a new cold war.