What name goes in the blank?
“Businessmen, labor leaders and Congressmen have been telling the President that it is not enough merely to stand pat; he must “do something.” Do what? The answer is: almost anything–anything that will demonstrate that he is taking bolder action to bolster the economy. The fight over economic policy is reaching a showdown, and the opposing sides are led by two men who are longtime friends, allies and ______ loyalists.”
Bush? Obama?
How about Nixon.
This is from an illuminating issue of Time magazine, written the week before Nixon closed the gold window. The 10-page spread discusses the fight between George Shultz, Arthur Burns, union leaders and other members of the political class regarding price controls and wage-boards in tackling inflation.
Guess what option was not tried?
Of additional interest, it was also under the Nixon-Burns regime that “core” inflation was instituted. Writing for Harper’s, Kevin Phillips discussed this pure political ploy last year.
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Great post! I really enjoy reading your blog. Keep up the good work.
I recently started a new blog that will be highlighting the dangerous advances of the secular progressive movement (pro-gay “rightsâ€, pro-abortion, anti-religious freedoms, etc).
We’re looking to build a solid group of conservatives who’ll frequent our site regularly and contribute to some good discussions. The site gets updated daily with breaking news, so you’ll want to check back often, or you can just sign up for our News Feed.
If you’ll add us to your blogroll we’ll gladly add you to ours. Our blog is called Religion and Morality.
Thanks!
Dear Chris:
Not sure how many “conservatives” you’re going to find on this blog. Based on the apparent slant of your blog, you’re libel to find that “Austrians” are generally too secular progressive to be considered “conservative”.
I’ll second that. I’m a Ron Paul republican who voted FOR gay marriage rights in California. I’m for progressive thinking so long as it doesn’t involve socialist economics, bigger government and loss of individual freedom.
I compost most of my garbage to keep it from becoming fill. I recycle whenever possible. I think global warming is a major concern. I don’t own a gun, but I uphold my right and yours to do so. The best example of large scale medical care I can think of is a non-profit corporation (Kaiser). I want an end to Central Banking and a return to free-enterprise finance and currency. I believe in your right to follow any religion you like, so long as you don’t make it MY law. Letting the big three automakers FAIL would be the most American thing we could do. Especially when you consider that there are currently 25 other US automakers in the US today trying to enter the market with innovative products.
What current political box could you possibly put someone like me into?
If you think Austrian Economics is Right-Wing, you couldn’t be further from the truth. I have encountered nothing here but intellegent, open-minded, sincere and progressive thinkers who just happen to be capitalists, and Objectivist more or less philosophically.
I love my freedom, and yours, and wouldn’t dream of denying you your love, or your choice of what to do with your body or with whom. I might agree with the morality of anti-abortion, but I would not make my morality your law and impose my view of what you can and cannot do with your own self.
No sir, this place is probably not for you. I’ll say a prayer to Budda, Mohamed and Jesus for you tonight, right after I do my yoga workout on the wii, Blessed Be.
well im gay.and find people on this site to be correct on gay issues.that no body gay st8 should force ideals by law on people or private institutions. ethier gays saying we must force boy scouts to accept us.or what we or any one do should have any thing to do with the state or how we are taxed or what ever.ive seen the media get confused when it comes to ron paul and gay rights.but i get him.
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