Auto CEO’s fly private jets to beg for public money

Was that wrong? Should I not have done that?

It looks like someone’s PR folks are sleeping on the job, as the CEO’s of the big three automakers flew in to DC all on their own seperate private jets.

Cost of a coach ticket from Detroit to DC? ~$300

Cost of a first class ticket from Detroit to DC? ~$900

Cost of a private jet flying from Detroit to DC? ~$20,000

Advertising how large of an ignorant moron you are when it comes to money? Priceless

Problematic Pirates

International piracy poses a serious problem.

How would libertarians, or even liberal nations, deal with it?

We don’t need to get too theoretical here; given that vessels are hijacked (I think we’d all agree that the first line of defense is a well equipped, weaponized, and trained crew), what should or could be done?

Also, how might we deter this looting in the future?

I’ll be happy to chime in later, but please feel free to kick off the conversation with your ideas!

Paulson says ‘No’ to auto bailout, cites lack of friends

In an ironic 180, Secretary Paulson said that the Big Three auto makers should not get a bailout. While of course this is good news, it’s kind of odd that his newfound fiscal conservatism was nowhere to be found when he was handing out billions to Wall Street.

Of course, Congress, $700+ billion later, has finally started questioning whether Paulson might have been doling some of that cash to his well-connected friends.

Corrupt politicians stealing money from the people to give to their pals? Impossible! 10 years ago this could have been an Onion piece.

GM Clamors for Your Money (Bailout)

GOP on its Death Bed?

The GOP as we know it is dying. This isn’t necessarily bad. If the choice is between status quo and death, we certainly hope for the latter.

Still, as Ron Paul suggests here, the party can be rebuit.

The Republican Party, in order to be relevant and helpful in the future, needs to become a force for libertarianism; that is to say, an advocate of peace, non-intervention, civil liberties, and genuinely free trade.

Party politics is always unideal, and our democratic system leaves a lot to be desired. Still, it’s what we’ve got today, and without abandoning theory, the Republican party has ample oppotunity to do some good and really build a pro-liberty movement. Of course, it’s been heading in the exact opposite direction for quite awhile now, so we need an intellectual and principled awakening to make this happen. Perhaps the current crop of Republicans will need to be thrown out.  But one thing is clear: the lesser of two evils sure is tiring!

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