Simply put, I am very strongly opposed to the "bailout" that Henry Paulson is proposing. This is a list of articles which help support my position. There are so many that I decided to have a special post just for this topic, rather than additions to my "Article of the Day" section.
"The Bailout Reader" at the bottom has mountains of great stuff and this site shows conclusively, that the Austrian Economists foresaw this problem years in advance. Chalk up another one for the true-free-marketers!
I will be continuously updating this post with new stuff, so keep checking back
Great Video Explaining the Bailout and it's Total Cost of 8.5 Trillion
Why Paulson is Wrong. by Luigi Zingales (Robert C. Mc Cormack Professor of Entrepreneurship and Finance, University of Chicago).
Some frank discussion with Jim Rogers.
Bailouts Will Lead to Rough Economic Ride. by Congressman Ron Paul (cnn.com)
Ron Paul Predicted the Housing Bubble in 2002. Speech from the floor of the house.
Former Bush Treasury Secretary Says Bush Doesn't Get the Crisis. (abcnews.com)
Over 150 Economists Oppose Bailout. (bloomberg.com)
Harvard Economist, One of 166 to Oppose Bailout. by Jeffrey Miron, cnn.com
The Bailout Reader. (Von Mises Institute)
The "Humpty Dumpty" Bailout Plan. By Joshua James Brown
German Chancellor Criticizes US "Cheap Money"
Bailout Raises Libertarian Market Value
George Will: Welcome to Socialism
Bailout Still Lack Oversight, Despite Billions Pledged
Now Dems Seek to Bailout Auto Industry
Fed Refuses to Identify 2 Trillion in Bailout Loans
Lobbyist Sworm the Treasury for Piece of the Bailout Pie
The Secrecy of the Bailout
Surprise! The Government Isn't Going to do What it Said with the Bailout Money
Is the Bailout Constitutional?
Libertarians: Needed Now More than Ever
Why Paulson is Wrong. University of Chicago Economist, Luigi Zingales
Obama Watch
- "The Making of George W. Obama." Foreign Policy Magizine
- Obama Bush Continuity: Reason TV: Barrack W. Bush
- Obama Top Economic Advisors Took Bribes from JP Morgan, Goldman Sachs, Others
- WSJ: Obama Using TARP to Control Banks
- WSJ to Obama: How Not to Fight Discrimination
- Reuters: Businesses Move to Switzerland to Avoid Obama
- Economist Give Obama and Team Failing Grade So Far
- Newsweek, Howard Fineman Critiques Obama: "He'd have made a fine judge. But we don't need a judge."
- Liberal Economist Paul Krugman Criticises Pres. Obama's Economics
- Wall Street Journal: Is Our Troubled Economy a Responce to Obama's Policies?
- Jim Cramer: Is this Friend of Democrats on Obama's Enemies List? His Responce.
- Reuters: Obama Budget Sends $11,000 Bill to Every American
- Wall Street Journal: Obama's Mortgage Plan: Dukes of Moral Hazzard
- Obama Rhetoric is a Real Problem - Wall Street Journal
- CATO Calls Out Obama Admin's Lie About Economists
- Congressional Budget Office Says Obama Stimulus Will Hurt Economy in Long Term
- Peter Schiff (you know, the guy who predicted the current crisis) Say Obama Stimulus Will be a Disaster
- Obama "Stimulus" Bill May Have Serious Problems
Past Articles: March 24 - Aprile 16
- WSJ: The Greatness of Capitalism Can Save Us: Lessons from the Recovery of 2001
- Democrats: Merit-Based Pay? Fugetaboutit !
- Deregulation? Bush was the Biggest Regulator in Decades
- The Best Way to Rob a Bank is to Own One
- Cost for Bailout Jumps...Again.
- Watchdogs: Treasury Still Wont Release Details of Bailouts
- How NOT to Fight Discrimination - Obama Admin Goes After Wal-Mart
- "A Moderate Manifesto" David Brooks Feels Betrayed By Obama - NYTIMES
- George Will - The Toxic Assets We Elected
- The REAL AIG Disgrace - WSJ
Past Articles of the Day - Feb 9 - March 24 2008
- Wells Fargo Chief Critiques Bailout, Calls Plan "Asinine"
- Government Forces Doctor to Raise Fees
- NY Times: "Stimulus Report" Further Evidence that Central Planning Does Not Work
- Bailout Woes Continue With Citi
- WSJ: How California Became France. (one of the best articles I have read)
- Investing Legend Jim Rogers Speaks on the Economy
- The Popular Uprising Against Central Banking
- Tax Payer Risk 9.7 Trillion on Crisis
- Pushing Banks to Loan Could Backfire - WSJ
- Fed Still Refuses to Disclose Recipients of 2 Trillion Dollars
- Government Watchdog Agencies Chide Treasury On Bailout Handling - WSJ
- China Lectures Paulson on Economic Policy - US No Longer Holds Moral High Ground
- Sen. Jim Demint: "Republicans Must Fight for Freedom to Regain America's Trust"
- The Other Auto Industry
- Is Uncle Sam's Credit Line Running Out?
- Obama's Clinton Problem: Deregulation Led to the Prosperity of the 90's; Just Ask Bill Clinton
Past Articles of the Day
- Why Republicans Need to Get Back to their Roots
- Gun Control and Crime
- Myth: Ethanol is Great.
- Silly Senator, Corn is for Food! Why Ethanol is not What It's Cracked Up to Be.
- Freedom to Choose Flat Tax
- What Happened to Detriot
- Great Article on Ivy League Schools by William Deresiewicz
- America is the World's Highest Drug User
- Petro-politics: As Oil Prices Rise, Human Rights Go Down. by Thomas Friedman, Foreign Policy Magazine
- Finally! Democrats Vote to "Privatize" a Wastful Goverment Program!!!
- Unlike Others, U.S. Defends Freedom to Offend in Speech - NYTimes
- Wall Street Journal: "Our Collectivist Candidates" by David Boaz
- We Knew About the "Housing Crisis" Well Before it Struck
- The Trillion Dollar War
- "Yes, the Market is Unfair" - Insightful Article on the Economics of the Stock Market
- Ron Paul's Libertarian Lesson for John McCain (U.S. News W.R.)
- Raw Milk - More Government Shutting Down Legitimate Business Under False Pretense
- 5 Myths About No Child Left Behind
- Making College More Expensive: The Unintended Consequences of Federal Tuition Aid
- What If Public Schools Were Abolished?
- Ten Days the Changed Capitalism
- Universal Health Care: '08 Presidential Race
- Florida Looks to Regulate Toilet Paper in Bathrooms
- "Unfettered Speech, Now" by Bradly Smith & Steve Simpson
- Litigating for Liberty
- 1 in 100 U.S. Adults Behind Bars, New Study Says
- Scalia the Civil Libertarian? by The New York Times
- Montana: They'll Cecede From the Union if Supreme Court Rules Wrong
- Of Horses Teeth and Liberty. by The Economist
- Americans Go to Mexico for Affordable Dental Care
- US Military May Not Be Ready for Attack
- How Cincinnati Turned It's Schools Around
- "Waving Goodbye to Hegemony" by Parag Khanna, NY Times
- "Social Entrepreneurs" - Better Than Government Activism
- The Education of Ben Bernake
- Bush's Stimulus Flop
- Stimulus Stupidity
- Inflation and the Tax Man
- Why Ignorance Is'nt Bliss. How Ignorance Threatens Democracy
- Newsweek: "Bothersome Intel on Iran"
- Liberal-tarians
- GOP Fusion Comes Unfused
- Financial Times: "An Ottoman warning for indebted America"
- "American Power. Still #1" by The Economist
- How to Fire and Incompetent Teacher
- Few senators read Iraq NIE report
- US Mercantilist Machismo, China Replaces Japan
- Ten Days the Changed Capitalism
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