Issue CLXIX

August 8-11, 2008

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Economics
ANWR Drilling Would Provide Quick Relief:
Robert P. Murphy

August 8, 2008
Market prices help coordinate actions over space and time. To the extent that it is physically possible, the market will exploit the availability of new future supplies in order to provide immediate relief. Dr. Robert Murphy argues that the time lag involved should be no deterrent to opening up ANWR (and other prohibited areas) for oil development.

The Dangers of Neo-Conservative Economic Policies:
Ron Paul

August 8, 2008
The dangers inherent in the foreign policy advocated by the neo-conservatives are well known.  While many Americans have become increasingly aware of those dangers, far less attention has been focused on the dangers of neo-conservative economic policies. Rep. Ron Paul believes that this issue is of critical importance right now, because many are mistakenly pointing their fingers at the free market as the culprit behind our current economic plight.

Music
Variations on Alternating Marches, Op. 15:
G. Stolyarov II

August 9, 2008
This piece was composed by Mr. Stolyarov in 2002 and is one of the compositions revived by means of being transferred into and performed by the program Anvil Studio. It is the longest musical work Mr. Stolyarov has composed to date, and it involves -- among other fairly unusual devices -- changes in meter between the two main themes. Length: 4:36.

Politics
Washington's Intervention Addiction:
Ron Paul

August 8, 2008
The current housing crisis and the corresponding big government fix are another prime example of government "solutions" to problems actually exacerbating the problems in question. Rep. Ron Paul argues that the current housing problem stems from easy credit and a rush to flood the housing and mortgage markets with money.This problem cannot be solved with more of the same.

The Greens are Going Crazy:
Alan Caruba

August 8, 2008
It’s hard to ignore the fact that the Greens are going crazy, not just in the United States, but around the world. Alan Caruba writes that they are increasingly frantic over the opposition being voiced against global warming, one of the greatest hoaxes in modern history. The Greens have bet everything on global warming as the reason for giving up the use of long established sources of energy such as oil, coal, and natural gas. The object has been to slow everything the modern world calls progress.

US Arctic Oil May Be LOST to the UN:
Alan Caruba

August 8, 2008
Alan Caruba warns that we stand lose any of the wealth newly discovered Arctic oil will generate if Congress signs the United Nations Law of the Sea Treaty, whose acronym, LOST, could not be more accurate. The Joint Chiefs of Staff have endorsed it, apparently oblivious to the fact that the mighty U.S. Navy can go anywhere it wants in the world. Even the Bush administration has marshaled no arguments against it. This monstrosity of a treaty has been around since the days when the Reagan administration first rejected it.Full disclosure of the contents of this treaty would have Americans in the streets of Washington, D.C. brandishing pitchforks.

Barack Obama and Defining Anti-Americanism Downwards:
Selwyn Duke

August 9, 2008
If Barack Obama sought to win the votes of Germans, he need seek no more.  Of course, his new image was all the rage in the Old World long before he gave his July 24 speech in Berlin. Style can be blinding, but Selwyn Duke suspects that Americans who actually pay attention to substance won’t be taken with Obama’s rhetoric.

Wind Energy Mandates: Blowing Hot Air Up Our Shorts:

Paul Driessen

August 10, 2008
T. Boone Pickens is being lionized for his efforts to legislate a transformation to “eco-friendly” wind energy. Pickens’s $58-million media pitch makes good ad copy, especially in league with Senator Harry Reid’s absurd claim that oil and coal “make us sick.” However, his policy prescriptions would bring new energy, economic, legal and environmental problems – and a price tag of over $1.2 trillion. Paul Driessen explains.

Videos
How to Solve the Social Security Crisis: Refuse to Receive Payments! - Video:
G. Stolyarov II

August 10, 2008
Mr. Stolyarov offers a politically feasible, morally impregnable solution to the current "social security crisis" that each person can implement on his or her own, with long-term personal benefits.

How Big Government Breeds Vice: Perverse Incentives of the Welfare State - Video:
G. Stolyarov II
August 11, 2008
Expanding the scope and power of government cannot make people more virtuous than they otherwise would be. But it certainly can make them less moral than they would have been in a free society. In this video presentation, Mr. Stolyarov argues that vast government controls, social programs, and handouts, by encouraging permanent dependence on entitlements, lead to a steady decline in the moral characters of large numbers of people.

"When man learns to understand and control his own behavior as well as he is learning to understand and control the behavior of crop plants and domestic animals, he may be justified in believing that he has become civilized." 
~ Ayn Rand

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