The Federal Government Owns 92 Percent of Student Loans. Why Do Politicians Lie About It?

Representatives Ilhan Omar and Ayanna Pressley just introduced the Student Debt Emergency Relief Act to provide student debt relief during the coronavirus pandemic. In reality, the crisis is a pretext to push through student loan forgiveness of as much as $30,000 per borrower. This should hardly come as a shock. Outstanding student debt is bordering on $1.6 trillion, and many Democrats have made debt relief a pillar of their election campaigns.

Why We Need Price “Gouging”

In the of light of the COVID-19 pandemic almost every government in the world has (once again) denounced so-called “price gouging.” Politicians both to the left and right really think that with outlawing price gouging, they can save the consumer from the greedy gougers that are willing to take advantage and exploit consumers.

Beware a Government of Fear

“Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.” — Benjamin Franklin (1706–90)

One of my Fox colleagues recently sent me an email attachment of a painting of the framers signing the Constitution of the United States. Except in this version, George Washington—who presided at the Constitutional Convention—looks at James Madison—who was the scrivener at the Convention—and says, “None of this counts if people get sick, right?”

Conclusion

After reading this book, a question might come to your mind. We criticized “thick” pseudo-libertarians for trying to force egalitarian clichés onto libertarianism. Libertarians, we argued, are committed to people’s property rights. So long as they respect the rights of others, people are free to do as they wish.

“If you say this, though,” an objector might say, “aren’t you guilty of the same fault from the other side? You denounce those who poison libertarianism with leftist ideology, but aren’t you saying that libertarianism is right wing?”

Chapter 6: Left Libertarianism

Marxists were notorious for infighting over the most trivial differences. One group would secede from another, reverse the word order of the group it had seceded from, and declare itself the new and pure group. The first group, the new group would declare to the world, was part of the fascist conspiracy to suppress the coming workers’ triumph, even though the differences between the two groups were completely undetectable even to an expert.

Price Controls Mean Shortages, Even during Pandemics

The COVID-19 pandemic has impacted the lives of billions and has put many Americans and others around the globe in compromised financial situations. As the COVID-19 virus (also known as the coronavirus) has continued to spread, this has led to feelings of anxiety, panic, acrimony, and uncertainty for a lot of Americans, even leading to altercations in stores due to the shortages of hand sanitizer, toilet paper, disinfectants, etc.

kafele

Baruti Libre Kafele is an entrepreneur, commercial real estate broker, public speaker and writer on multiple topics f

Chapter 5: Economic Egalitarianism: No One Deserves to be Better Than Anyone Else

A sharp Martian visiting Earth would make two observations about the United States — one true, the other only superficially so. On the basis of its ceaseless exercises in self-congratulation, the US appears to him to be a place where free thought is encouraged, and in which man makes war against all the fetters on his mind that reactionary forces had once placed there. That is the superficial truth.