Hornberger's Blog is a daily libertarian blog written by Jacob G. Hornberger, founder and president of FFF.
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by Jacob G. Hornberger
It is so funny watching liberals coming up with all sorts of weird solutions to America’s economic woes. Every one of the solutions involves more of the same things that have caused the woes, but liberals just won’t let themselves see that. In their minds, the possibility that America’s economic woes are a direct consequence of the welfare state ...
by Jacob G. Hornberger
After those 30 American soldiers were recently killed in Afghanistan when their Chinook helicopter was downed by Afghan insurgents, the commander of the international mission in Afghanistan, Gen. John R. Allen, stated, “All of those killed in this operation were true heroes who had already given so much in the defense of freedom.”
Freedom? Does Allen really believe such nonsense, ...
by Jacob G. Hornberger
Here are seven reasons to oppose President Obama’s imposition of sanctions on Syria:
1. The struggle for freedom and democracy in Syria is none of the U.S. government’s business. U.S. officials, from Obama on down, should just butt out of what’s happening there.
Yes, I know that one of the U.S. government’s modern-day dual missions is to police the world and ...
by Jacob G. Hornberger
Americans are getting some great lessons in both economics and history in the federal spending-debt crisis.
Yesterday, the Federal Reserve announced that it definitely intends to keep interest rates low for two more years. Translation: We will inflate (and debase) the currency to whatever extent necessary to get the economy rolling again.
This is precisely what has been going on for ...
by Jacob G. Hornberger
Here we go again. Amidst all the talk about out-of-control federal spending and debt, what does the U.S. government do? It goes out and spends more money by expanding the drug war in Mexico.
Hey, when a federal program has failed to show any success after 40 years, what else would you expect federal officials to do, especially in the ...
by Jacob G. Hornberger
Did you ever think you’d see the day that communist China would be lecturing the United States on fiscal responsibility? It’s just a sign of how far down American statists have taken our country.
Sure, it’s humiliating that Standard & Poors just downgraded the U.S. government’s debt rating for the first time ever. But to have the commies preaching to ...
by Jacob G. Hornberger
If the debt ceiling had not been lifted and then the stock market had plunged 700 points, administration statists and mainstream commentators would have been screaming, “The stock market has plunged because the debt ceiling wasn’t lifted!”
But the debt ceiling was lifted and extended to sometime past the 2012 presidential election. Congress permitted President Obama to add another $2.7 ...
by Jacob G. Hornberger
Okay, so the Tea Party is good at speaking out against out-of-control federal spending and debt, even if its members in Congress are not so good at reining in government spending and borrowing when voting on whether to permit the federal government to pile another $2.7 trillion of debt onto the backs of the American people during the next ...
by Jacob G. Hornberger
Imagine that people in society own a total pool of wealth of $1 million. The group is divided into three categories — the poor ($50,000), the middle class ($250,000), and the rich ($700,000).
The entire group as a whole produces an annual income of $100,000, divided proportionately between the 3 categories.
The government decides to levy a flat tax of 3 ...
by Jacob G. Hornberger
I told you so! For the past several months, I have been saying that the Republicans were going to cave on the lifting of the debt ceiling. I’ve been writing it and I’ve been proclaiming it on my weekly Internet show.
And sure enough, that’s exactly what they did. After weeks of huffing and puffing about the enormous size of ...
by Jacob G. Hornberger
A good example of the power of the government dole is found in the reaction of Detroit automakers to President Obama’s demand to raise mileage requirements for automobiles.
According to an article in the New York Times, four years ago the automakers vehemently protested against the opposition of higher fuel-economy standards.
Not so today, however. Today, the auto industry is meekly and submissively ...
by Jacob G. Hornberger
Wednesday, August 31, 2011
Perry Is Right about Social Security
Not surprisingly, Governor Rick Perry is catching flack from mainstream statists over his calling Social Security “a Ponzi scheme.” For statists, Social Security, as the crown jewel of the welfare state, is sacrosanct. Any challenge to the program or even an accurate description of how it works is, well, close to ...