Monday, February 27, 2012

The Tea Parties and the Future of Liberty


The Tea Parties and the Future of Liberty

Stephen F. Hayes




Barack Obama was inaugurated on January 20, 2009. Within a month he signed a $787 billion “stimulus package” with virtually no Republican support. It was necessary, we were told, to keep unemployment under eight percent. Overnight, the federal government had, as one of its highest priorities, weatherizing government buildings and housing projects. Streets and highways in no need of repair would be broken up and repaved. The Department of Transportation and other government agencies would spend millions on signs advertising the supposed benefits of the American Recovery and Reinvestment Act. I saw one of them on Roosevelt Island in Washington, D.C. It boasted that the federal park would be receiving a generous grant to facilitate the involvement of local youth in the removal of “non-indigenous plants.” In other words, kids would be weeding. We need a sign to announce that? And this was going to save the economy?
Then there was American Recovery and Reinvestment Act project number 1R01AA01658001A, a study entitled: “Malt Liquor and Marijuana: Factors in their Concurrent Versus Separate Use.” I’m not making this up. This is a $400,000 project being directed by a professor at the State University of New York at Buffalo. The following is from the official abstract: “We appreciate the opportunity to refocus this application to achieve a single important aim related to our understanding of young adults’ use of male [sic] liquor (ML), other alcoholic beverages, and marijuana (MJ), all of which confer high risks for experiencing negative consequences, including addiction. As we have noted, reviews of this grant application have noted numerous strength [sic], which are summarized below.”
So what were those strengths? “This research team has previous [sic] been successful in recruiting a large (>600) sample of regular ML drinkers.” Also, “the application is well-written.” Well-written? With three spelling mistakes? But who am I to judge? As for the other strength, there is no question that the team’s recruitment had been strong. But is that really a qualification for federal money? After all, they were paying people to drink beer!
These same scholars were behind a groundbreaking 2007 study that used regression analysis to discover that subjects who got drunk and high were more intoxicated than those who only abused alcohol. The new study pays these pot-smoking malt-liquor drinkers at least $45 to participate. They can buy four beers per day for the three-week project—all of it funded, at least indirectly, by the American taxpayer.
Perhaps not surprisingly, when President Obama visited Buffalo in May, he chose to highlight other stimulus grants. On the other hand, he could have pointed out that the beer money goes right back into the economy. Think of all those saved or created jobs! In any case, the findings of this new study are expected to echo those of the first study, which found: “Those who concurrently use both alcohol and marijuana are more likely to report negative consequences of substance use compared with those who use alcohol only.” Reading results like this, I tend to think that those who concurrently get drunk and high are also far more likely to believe the stimulus is working.
And have I mentioned that the estimated cost of the stimulus was later increased from $787 billion to $862 billion? That’s a cost underestimate of nearly ten percent. Anyone in private business who suddenly had to come up with ten percent more in outgoing funds than previously anticipated would likely go out of business.
All of this set the stage for a revolt. The accidental founding of the Tea Party movement took place in February 2009, when CNBC commentator Rick Santelli let loose a rant against the stimulus package, and in particular the proposal to subsidize what he called “the losers’ mortgages.” He proposed a ceremonial dump of derivative securities into Lake Michigan, and a few hours later a website popped up calling for a Chicago Tea Party. The video clip raced around the Internet, and it was soon clear that many average Americans were furious about the massive new spending bill and the plan to subsidize bad mortgages.
The stimulus was bad, but by itself it was probably not enough to sustain an entire movement. This is why the larger context matters: Under President Obama, federal spending has been growing at an unprecedented pace. We are adding $4.8 billion to the national debt every day. The long-term viability of Medicare and Social Security isn’t merely uncertain—as so many analysts would have us believe. In fact, their failure is a sure thing without structural changes. By adding a massive new entitlement with the health care bill, we are simply going to go broke faster. Americans understood much of this even before Mr. Obama was elected.
Consider this story from the recent presidential campaign: In July 2008, Republican nominee John McCain stopped in Belleville, Michigan, to par-ticipate in a town hall. After several friendly questions, he took one from Rich Keenan. Wearing a shirt with an American flag embroidered over his left breast, Keenan told McCain that he would not be voting for Obama. But then he said: “What I’m trying to do is get to a situation where I’m excited about voting for you.”
The audience laughed, and many in the crowd nodded their heads. Keenan explained that he was “concerned” about some of McCain’s views, such as his opposition to the Bush tax cuts and his views on the environment. Keenan allowed that he was grateful that McCain had begun taking more conservative positions. But he concluded: “I guess the question I have, and that people like me in this country have, is what can you say to us to make us believe that you actually came to the right positions? We want to take you to the dance, we’re just concerned about who you’re going to go home with.” The audience laughed again. McCain laughed, too, but then he grew serious: “I have to say, and I don’t mean to disappoint you, but I haven’t changed positions.” He defended his vote against the Bush tax cuts and, at some length, reiterated his concerns about global warming. Later, he went out of his way to emphasize his respect for Hillary Clinton and boast about his work with Joe Lieberman, Russ Feingold and Ted Kennedy.
I talked with Rich Keenan after the town hall. He described himself as a conservative independent. He said he often votes Republican but does not consider himself one. He added, “I do think that there are millions of Americans out there like me who are fairly conservative, probably more conservative than John McCain, and I think a lot of them are concerned about what’s going to happen if he does get elected.” Keenan was right. There were millions of people out there like him—conservatives, independents, disaffected Republicans, and many of them stayed home on election day. These people form the heart of the Tea Party movement.
In recent years, the Republican Party has seen its approval levels sink to new lows. In 2005, 33 percent of registered voters told Gallup they considered themselves Republican. By 2009, that number was 27 percent. The number of voters who identified themselves as independent showed a corresponding rise. But what’s interesting is that over that same time-frame, the number of voters self-identified as conservative stayed relatively constant: 39 percent in 2005 and 40 percent in 2009. (Self-identified liberals constituted 20 percent of respondents in both 2005 and 2009.) So even as the number of self-identified Republicans declined and the number of self-identified independents grew, the number of self-identified conservatives was constant. Of course, it’s too simple to postulate a one-for-one swap, but the trend seems clear. The Tea Party movement arose in an environment in which a growing number of Americans believed neither party was voicing its concerns.
All of this has liberals in the mainstream media and elsewhere flummoxed. At first they were dismissive. Think of the footage of Susan Roesgen of CNN going after Tea Party enthusiasts at a Chicago rally, suggesting they were irrational and stupid. And consider a few of the many other examples:
Eugene Robinson of the Washington Post wrote: “The danger of political violence in this country comes overwhelmingly from one direction—the right, not the left. The vitriolic, anti-government hate speech that is spewed on talk radio every day—and, quite regularly, at Tea Party rallies—is calibrated not to inform but to incite.”
MSNBC’s Ed Schultz said: “I believe that the Tea Partiers are misguided. I think they are racist, for the most part. I think that they are afraid. I think that they are clinging to their guns and their religion. And I think in many respects, they are what’s wrong with America.”
Actress Janeane Garofalo: “This is about hating a black man in the White House. This is racism straight up. These are nothing but a bunch of tea-bagging rednecks.”
Comedian Bill Maher: “The teabaggers, they’re not a movement, they’re a cult.”
Perhaps the most stunning comment came from prominent Democratic strategist Steve McMahon: “The reason people walk into schools and open fire is because of rhetoric like this and because of attitudes like this. The reason people walk into military bases and open fire is because of rhetoric like this and attitudes like this. Really, what they’re doing is not that much different than what Osama bin Laden is doing in recruiting people and encouraging them to hate America.”
We’ve seen this before. On November 7, 1994, the Washington Post ran an article about the loud, hateful fringe on the right: “Hate seems to be drifting through the air like smoke from autumn bonfires. It isn’t something that can be quantified. No one can measure whether it has grown since last year, the 1980s, or the 1880s. But a number of people who make their living taking the public’s temperature are convinced it’s swelling beyond the perennial level of bad manners and random insanity. It’s fueled, they say, by such forces as increasingly harsh political rhetoric, talk radio transmissions, and an increasing sense of not-so-quiet desperation.” The next day, Republicans took Congress.
Are today’s Tea Party supporters on the radical fringe? In a National Review/McLaughlin Associates poll conducted in February, six percent of 1,000 likely voters said that they had participated in a Tea Party rally. An additional 47 percent said they generally agree with the reasons for those protests. Nor is the Tea Party movement “monochromatic” and “all white,” as Chris Matthews claimed. Quite the contrary: the National Review poll found that it was five percent black and 11 percent Hispanic.
Perhaps that poll could be dismissed as the work of a right-leaning polling firm and a conservative magazine. You can’t say that about the New York Times and CBS. Their poll, which has a long history of oversampling Democrats, found that Tea Partiers are wealthier and better educated than average voters. It also found that 20 percent of Americans—one in five—supports Tea Parties. That’s an awfully big fringe.
Other polls confirmed these findings: a Washington Post/ABC poll found that 14 percent of voters say the Tea Party is “most in synch” with their values; 20 percent say Tea Parties are “most in tune with economic problems Americans are now facing.” The most interesting poll, in my view, came from TargetPoint Consulting, which interviewed nearly 500 attendees at the April 15, 2010, Tax Day rally in Washington, D.C. Here are some results:
Tea Partiers are united on the issues of debt, the growth of government, and health care reform.
They are socially conservative on the one hand and libertarian on the other, split roughly down the middle.
They are older, more educated, and more conservative than average voters, and they are “distinctly not Democrat.”
This new information complicated the mainstream media’s narrative about the Tea Party movement. This was not a fringe. Nancy Pelosi, who had earlier dismissed Tea Parties as “Astroturf”—meaning fake grassroots activism—revised that assessment, telling reporters that, in fact, she was just like the Tea Partiers.
This brings us to the present day. The president’s approval ratings are low, and Congressional Democrats’ are even worse. Members of the president’s party are not only running away from him in swing districts, but even in some relatively safe ones. Many analysts are suggesting that control of the House of Representatives is in play, and perhaps even that of the Senate.
This dissatisfaction flows directly from the president’s policies and those of his party. It is not simply “anti-incumbent,” as many of my press colleagues would have it. This voter outrage—and it is outrage, not hate—is specific and focused: Americans are fed up with big government and deeply concerned about the long-term economic health of their country. The stimulus was unpopular, and most Americans do not believe it’s working. Obama’s health care plan was unpopular when it passed. The American people understood the rather obvious point that it wouldn’t be possible to cover 30 million additional people, improve the care of those with insurance, and save taxpayers money, all at the same time.
Does all of this add up to big Republican gains in November? Not according to the mainstream media. The Boston Globe’s Susan Milligan recently wrote: “The Tea Party movement is energizing elements of the Republican Party and fanning an anti-Washington fervor, but the biggest beneficiaries in the mid-term elections, pollsters and political analysts say, could be the main target of their anger: Democrats.” CBS News reported the same thing just a few days later. What nonsense! I think there is little question that the Tea Parties—and the enthusiasm and energy they bring—will contribute to major Republican gains in November.
One final point: For many Tea Partiers, the massive and unconstitutional growth of government is the fundamental issue. But I think there’s something deeper, too. After her husband had won several primaries in a row in the spring of 2008, Michelle Obama proclaimed that for the first time in her life she was proud of her country. It was a stunning statement. It also foreshadowed what was to come: Since Barack Obama took office in January 2009, he has devoted much of his time to criticizing his own country. He apologizes for the policy decisions of his predecessors. He worries aloud that the U.S. has become too powerful. He has explicitly rejected the doctrine of American exceptionalism.
And this is not mere rhetoric. For the first time ever, the U.S. is participating in the Universal Periodic Review—a United Nations initiative in which member countries investigate their own nation’s human rights abuses. The State Department has held ten “listening sessions” around the U.S. during which an alphabet soup of left-wing groups aired their numerous grievances. These complaints are to be included in a report that the U.S. will submit to the United Nations Human Rights Council. It will be evaluated by such paragons of human rights as Burkina Faso, Saudi Arabia, Pakistan, China, and Cuba.
When President Obama spoke before the United Nations General Assembly in September 2009, he declared that a world order that elevates one country or group of countries over others is bound to fail. So he’s changing that order. If his domestic policy priority is the redistribution of wealth, his foreign policy priority seems to be the redistribution of power.
Most Americans don’t agree with the president’s priorities. And many of these Americans are now active in the Tea Party movement, a movement that has succeeded in starting a serious national conversation about a return to limited government.

Stephen F. Hayes is a senior writer at The Weekly Standard and a FOX News Contributor. His work has been featured in the Wall Street Journal, the Los Angeles Times, Reason, National Review and many other publications. He is the author of two New York Times bestsellers: The Connection: How al Qaeda's Collaboration with Saddam Hussein Has Endangered America and Cheney: The Untold Story of America's Most Powerful and Controversial Vice President. His great-great uncle was a president of Hillsdale College and many of his relatives have attended Hillsdale, including two grandparents.
The following is adapted from a speech delivered on June 6, 2010, during a Hillsdale College cruise from Rome to Dover aboard the Crystal Symphony.

Copyright © 2011 Hillsdale College. The opinions expressed in Imprimis are not necessarily the views of Hillsdale College. Permission to reprint in whole or in part is hereby granted, provided the following credit line is used: “Reprinted by permission from Imprimis, a publication of Hillsdale College.” SUBSCRIPTION FREE UPON REQUEST. ISSN 0277-8432. Imprimis trademark registered in U.S. Patent and Trade Office #1563325.


Sunday, February 26, 2012

Saturday, February 25, 2012

Redistribution of Wealth

The Federalist Society presented this panel discussion on Redistribution of Wealth at the 2009 National Lawyers Convention on Thursday, November 12, 2009. Panelists included Prof. Richard A. Epstein of New York University Law School; Mr. Steve Forbes, Chairman and CEO of Forbes Inc. and Editor of Forbes Magazine; Prof. Jed Rubenfeld of Yale Law School; Mr. Andrew L. Stern, President of the Service Employees International Union; and Judge J. Harvie Wilkinson III of the U.S. Court of Appeals for the Fourth Circuit as the moderator.





TheFederalistSociety

Federalist Society Video

 





Federalist Society Video

Friday, February 24, 2012

"Can the United States Survive Health Care Reform?"


"Can the United States Survive Health Care Reform?"

The recent health care bill represents what is likely to turn out to be the most comprehensive health care reform ever, Medicare included. Yet many of its provisions were included in the last minute without serious discussion or debate. And those provisions that have been in all versions of the bill since the outset are likely to have profound, if unintended consequences. In this talk, Professor Epstein will explain why he thinks that the combined weight of these many programs is likely to produce a major implosion in health care services in both the short and the long run. He will also discuss the opportunities lost on health care reform, all of which involved some program of market liberalization with respect to such key matters as interstate competition for insurance, government mandates, and medical licensing and malpractice.

Presented by Richard A. Epstein, James Parker Hall Distinguished Service Professor of Law

Richard Epstein: No, You Won't Be Able to Keep Your Current Healthcare

Richard Epstein, professor of law at The University of Chicago, discusses the current proposal for healthcare reform.

He points out inconsistencies in what is been promised and what is in the bill, and makes suggestions for a more efficient health care system. - Columbia Law School

Richard A. Epstein, the James Parker Hall Distinguished Service Professor at the University of Chicago, is the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution. Epstein is also, as of 2007, a visiting professor of law at NYU Law School.

Law professor Richard Epstein criticizes healthcare reform proponents' claims that Americans who are already insured will be able to keep their current plans. This promise, he fears, is a "giant sham."





Thursday, February 23, 2012

NYU Law Journal of Law and Liberty, Professor Richard Epstein

This talk addressed the attitudes toward interpretation that should be taken with constitutional, statutory and contractual materials and argue that the underlying linguistic problems should drive the analysis, and that efforts to tailor rules of interpretation to institutional settings may be useful dramatic flourishes, but in the end only detract for understanding how and why language works.


Wednesday, February 22, 2012

The History of Austrian Economics with Israel Kirzner

Israel Kirzner, Emeritus Professor of Economics at New York University, presented his lecture 'History of Austrian Economics' during the Advanced Austrian Economics Summer Seminar in Irvington, NY.


http://www.youtube.com/watch?v=kJKaOFmGKxk&list=UUialsmUlTRABKPw31VDx1eQ&index=11&feature=plcp


Tuesday, February 21, 2012

Natural Law In Ancient and Modern Guise 4-1-10

The Federalist Society's Georgetown Student Chapter presented its Seventh Annual Lifetime Service Award to Professor Richard A. Epstein on April 1, 2010. Prof. Randy Barnett of the Georgetown University Law Center opened the event and Prof. Nicholas Quinn Rosenkranz also of the Georgetown University Law Center introduced Prof. Epstein. Prof. Epstein's address was titled "Natural Law in Ancient and Modern Guise".


http://www.youtube.com/watch?v=R_ge4tYI8Vk&feature=related

In this Exploring Liberty lecture, Richard Epstein gives a quick outline of his “simple rules”— six conditions that he says provide the groundwork for the emergence of a civilized society.


Epstein is the Laurence A. Tisch Professor of Law at New York University as well as an Adjunct Scholar at the Cato Institute. He is the author of Simple Rules for a Complex World (1995) and Skepticism and Freedom: A Modern Case for Classical Liberalism (2004), among many other books.


Monday, February 20, 2012

Economic Freedom & Quality of Life



Economic Freedom & Quality of Life

Economic Freedom and Quality of Life is a short, informative video centered on the ideas of economic freedom and the societal benefits it produces. The video helps explain what economic freedom is and why it's key to improving society.

Watch Episode Two: Economic Freedom and America Today at http://youtu.be/F4fWQnguR1E

EconFreeEconFree's channel


Sunday, February 19, 2012

The Meaning of Liberty During the American Founding


The Meaning of Liberty During the American Founding

Brad Birzer, Professor of History at Hillsdale College, lectured at the Freedom University: History Summer Seminar. In this video Dr. Birzer discusses the "Meaning of Liberty During the American Founding".   Donate to this organization

  FEETV

Saturday, February 18, 2012

The Truth About Monopolies and Anti-Trust Laws


The Truth About Monopolies and Anti-Trust Laws   

Mark Hendrickson lectured at the Freedom University: Current Events Summer Seminar. In this video Professor Hendrickson discusses monopolies and anti-trust laws.




Mises Institute Media misesmedia

Mises Institute Media





Friday, February 17, 2012

Austrian Economics: Praxeology, Supply, and Demand


Austrian Economics: Praxeology, Supply, and Demand  

In this lecture from the FEE Summer Seminars Anthony Carilli, Professor of Economics and Director of the Center for Study of Political Economy at Hampden-Sydney College, discusses the Praxeology, Supply, and Demand. Praxeology is the science of Human Action. 

FEETV                  Donate to FEE

Thursday, February 16, 2012

The Great Boom and Bust


On June 21, 2011 Ben Powell, Associate Professor of Economics at Suffolk University, lectured at the Freedom University: Current Events Seminar. In this video Ben discusses the Housing Boom and Bust.   FEETV


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Wednesday, February 15, 2012

What Is “Austrian Economics”?

www.slate.com
From Slate Magazine

What Is “Austrian Economics”?

And why is Ron Paul obsessed with it?

Tuesday, February 14, 2012

Monday, February 13, 2012

Opportunity cost



Opportunity cost is the cost of any activity measured in terms of the value of the best alternative that is not chosen (that is foregone). It is the sacrifice related to the second best choice available to someone, or group, who has picked among several mutually exclusive choices. The opportunity cost is also the cost of the foregone products after making a choice. Opportunity cost is a key concept in economics, and has been described as expressing "the basic relationship between scarcity and choice". The notion of opportunity cost plays a crucial part in ensuring that scarce resources are used efficiently. Thus, opportunity costs are not restricted to monetary or financial costs: the real cost of output foregone, lost time, pleasure or any other benefit that provides utility should also be considered opportunity costs.
The term was coined in 1914 by Friedrich von Wieser in his book "Theorie der gesellschaftlichen Wirtschaft". However, in 1848 Frédéric Bastiat described this concept in his essay What Is Seen and What Is Not Seen

Read More: Opportunity cost