Positive Liberty

If the Republican Party would’ve taken my advice, John McCain would’ve won the election and the Republicans would’ve won back the House.

Here’s the advice I was offering: Oppose the bailout.

For the “maverick” in this race, it would’ve been the most “mavericky” thing he could’ve done. But he went along with the insider establishment — which, btw, is his real standard operating procedure.

For the House GOP it would’ve been a return to the apex of the Gingrich-led revolution. The leaders of that revolution, Newt Gingrich and Dick Armey, both no longer in the House, opposed the bailout.

But the Dow has gone down 1900 points since the bailout. The S&P has declined more than 250 points. GM and Ford are teetering.

And now, the same media that drank the bailout Kool-Aid — Continue Reading »