Thomas Sowell On Big Government vs. Free Markets

From the overreaching grasp of the government to the invisible hand. What approach  does the most good for the most people? In this article by Thomas Sowell,he puts forward the argument that government did more harm than good by intervening too much during the great oppression. The popular perception that big government solved the Great Depression, is one of the more infamous acts of group thought perpetrated on the American people.

A Mind-Changing Page
The idea that the stock-market crash caused the Great Depression is difficult to reconcile with the data.


While the market produced a peak unemployment rate of 9 percent — briefly — after the stock-market crash of 1929, unemployment shot up after massive federal interventions in the economy. It rose above 20 percent in 1932 and stayed above 20 percent for 23 consecutive months, beginning in the Hoover administration and continuing during the Roosevelt administration.


What was the difference between these two stock-market crashes? The 1929 stock-market crash was followed by the most catastrophic depression in American history, with as many as one-fourth of all American workers being unemployed. The 1987 stock-market crash was followed by two decades of economic growth with low unemployment.


But that was only one difference. The other big difference was that the Reagan administration did not intervene in the economy after the 1987 stock-market crash — despite many outcries in the media that the government should “do something.”

NDP Plays Reckless Games With Canada’s National Security

The last 24 hours has shown why most Canadians don’t consider the NDP a  viable mainstream option. First with the anti-Israel comments dropping like a nuclear bomb out of deputy leader Libby Davies mouth. Saying no less than Israel is basically an occupying power and has no right to exist. This morning the public finds out that the NDP has backed out of a deal to responsibly release the Afghan detainee documents. Instead the NDP rather put partisan politics before the people who serve this nation. If the NDP were a serious party they would see that most Canadians want to know the truth but they also want responsible due process when dealing with national security secrets. the NDP are a coalition of Toronto socialists and hard left zealots thrown in with the occasional “truthers”.  The NDP have a real danger of narrowing their base to the point of political irrelevance.

Your Political Future Is Written In Your Face

It is said that your Eyes are the window into the soul so that makes your Face almost as important. Recently the public has become more aware of the emerging cottage industry surrounding the study of facial expressions and body language. Through the fictional character Dr. Cal Lightman and the successful new Fox series Lie to Me.  In fact,  the study of candidates body language and expressions have become an integral part of modern political campaigning.   With the tools an ability to shape a professional persona for politicians becoming more advanced in every election cycle. This leads to a situation where the public can scrutinize  politicians without them knowing . The influence of the media lens to make or destroy political careers is what keeps many good individuals out of politics and I can foresee this will just get  worse with time.

Power And Principle Do Not Mix

Let’s play name that quote who said,  “I am a subject of the British Crown, but whenever I have to choose between the interests of England and Canada it is manifest to me that the interests of my country are identical with those of the United States of America.”?   Was it John Diefenbaker or perhaps Robert Borden . No it was neither of those Conservative prime ministers it was Wilfrid Laurier,  the father of the modern Liberal party. With the salacious talk of uniting the left this week many political pundits have lost if not their minds  their historical memory. The Liberal party was founded originally on principles of being pro-small business and pro-free-trade. How the worm does turn.

The NDP on the other hand have a firm anti-capitalist and socialist background, this can be clearly seen when one looks at the prologue to the Regina Manifesto. This document calls for reorganization of not only society but the mode of production. These are classic code words for Marxist socialism. As well, the NDP revel in the fact that they are the moral conscience of Canada and would any members of the NDP want to give up their moral superiority for a glimpse of power. So getting rid of socialism would for the NDP be like taking away a bottle from a baby. It’s not possible. The Liberals would be better served if they took a long walk through the political wilderness then getting down and dirty with the NDP’ers.

Ontario Liberals Misled Middle-Class About Impact of The HST

Today a government issued study about the impact of the HST revealed that it would cost the average middle-class family over $480 a year in extra tax. It’s clear now the Liberals have led middle-class families down a breadcrumb path of half-truths and distortions. When it comes to the true impact of the HST .  Now   middle-class families will have to tighten their belts even more . When at the same time the limousine Liberals at Queens Park create $1 billion boondoggles one after the other. Interestingly the same day that true impact of the HST was announced  the government also let people know that the cheques were in the mail. Are the  Liberals giving a little sugar to Ontarians so the medicine of the HST tax can go down ?