Free Market Fundamentalist is an Atlantic Sentinel blog with an exaggerated faith in laissez-faire capitalism.
The environmentalist gospel is heard evermore louder in public discussions today as governments the world over move to impose restrictions and regulations upon businesses for the sake of protecting the Earth. Products that are supposedly harmless to nature are quickly becoming the norm while companies happily promote themselves as “green” and ecologically responsible. Industry, meanwhile, […]
The American experience proves that openness toward the world brings prosperity.
In many developed nations, education is one of the greatest expenses of government. In Great Britain, for instance, about £88 billion was spent on education last year, ammounting to 17 percent of the kingdom’s total budget. In the United States, where education is partly privatized, the federal government still intends to invest over $46 billion […]
Government intervention in the economy is something of a tradition in France. As the the 2010 Index of Economic Freedom published by the Washington-based Heritage Foundation and The Wall Street Journal noted, French business “remains curtailed by the pervasive presence of the state in economic activity.” Government spends more than half of GDP and owns […]
In the coming days, the United States Senate will vote on whether or not Ben Bernanke will go on to serve as Chairman of the Federal Reserve for another term. Some legislators are skeptical. Senator Jim Bunning of Kentucky said Tuesday on CNBC that Bernanke’s own staff recommended against bailing out insurer AIG in September […]
A new, thoroughly twenty-first century threat to domestic harmony is emerging, reports The Independent. “In some relationships, it is said to be causing as much discord as those age-old battlegrounds, sex and money. The problem is environmental incompatibility.” Therapists across America are reporting a sharp increase in what they call “green disputes”. Couples are finding […]
The recent disaster in Haiti has sparked a renewed wave of commentators to demand that men “sacrifice” for the sake of others’ needs. There is little mention of the injustice suffered by the Haitian people at the hands of their own government and, recently, at the hands of nature — which would be legitimate reasons […]
The best defense against bank failures isn’t regulation, rather the threat of bankruptcy.
Since the early days of the Obama Administration, economist Paul Krugman has been more than eager to defend every spending measure enacted by the Democrat.
“We want our money back,” cried President Obama yesterday, “and we’re going to get it!” Announcing a Financial Crisis Responsibility Fee — a tax perfectly named for an era in which banks are held responsible for a recession that was beyond their control — the president promised American taxpayers that they would get “every single […]
Until a few years ago, Venezuelan dictator Hugo Chávez was sometimes described as the benevolent kind but in recent years, his reign has grown ever more authoritarian. He abolished presidential term limits, withdrew Venezuela from both the World Bank and the International Monetary Fund in 2007, nationalized the oil industry and built relations with countries […]
Twenty years after the end of the Cold War, capitalism is in recession. Capitalists have become a persecuted minority.
Regulatory failure instead of a lax monetary policy bears the responsibility for the American housing bubble that produced the financial crisis of 2008, said Federal Reserve chairman Ben Bernanke this Sunday. Bernanke rejected accusations that the Fed contributed to the fostering of the recession and argued that the interest rates set by the bank between […]
The United States Senate sets to vote on a health-care bill over Christmas this Tuesday after what have been months of fierce political debate. As the opposition warned of “socialized medicine” and “death panels”, public support for “Obamacare” and the president himself understandably plummeted. Although America’s health care is among the most expensive yet one […]
It’s not good to be rich in Britain. One is properly punished there for making too much money as becomes a welfare state. From every Briton that earns over £150,000 (or $243,000) a year, the government takes half of that in income tax. The well-off now face a further cut to tax relief on their […]
