In Defense of Capitalism & Human Progress: The Debt Crisis and the Fiscal Leviathan State by Richard M. Ebeling

Even in days long gone, economists and philosophers warned of the dangers of the leviathan government. The critical question that I ask, is what right do others have to seize your property and give it to themselves or others? It is not just coercion its is subjugating the liberty of the individual to the nebulous needs of the unknown others...

This is, of course, what the famous 19th century French free market economist, Frederic Bastiat, referred to as legalized plunder. The government, instead of acting as a protector and guardian of each individual’s right to his life, liberty and honestly acquired property, becomes the most powerful and intrusive violator of people’s liberty.

The government’s concentrated, monopoly power over the use of physical force is far greater and far more dangerous than even the worst of any private individual or private group that attempts to plunder and abuse innocent individuals in society. But equally important, government is the only user of force in society that widely succeeds in indoctrinating and persuading the large majority of the people under its jurisdictional control that it is “just” and “right” that it plunder one part of the population for the privileged benefit of another portion of society.

I listened the Obamessiah the other day explain that the needs of the country require shared sacrifice and then 10 seconds later he said that taxes will not be raised on anyone making less than $250,000 a year. This is 'shared' sacrifice?

We no longer have a government that even knows its place in American society, it cannot be relied upon for self control and it has its grimy little fingers in nearly everything that we do. Time for a real change otherwise it will all end badly.

In Defense of Capitalism & Human Progress: The Debt Crisis and the Fiscal Leviathan State by Richard M. Ebeling