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We will Win the Battle

Lawrence Reed, President of the Foundation for Economic Education, makes a remarkable speech at Americans for Prosperity's 2011 Defending the American Dream Summit in Jasper, GA. The video does not need any other comment except that it is worth your time. Enjoy!



Remeber: The battle is not over. We, Classical Liberals, Free-Markets, and Humanity, will WIN.
Recent posts

There is no Doubt: There is Terrorism all over Latin America

Sadly, for Latin America rumors have become truths. Terrorism exists in Latin America. Reports from different sources validate, the fact, that various suspicions are no longer speculations but reality. Terrorism is in countries like Nicaragua, Honduras, Brazil, Argentina, Paraguay, Bolivia, Ecuador and Venezuela.  
Jaime Daremblum, of theHudsonInstitute, Washington, D.C., and Costa Rica’s former ambassador to the United States, confirms that terrorist cells are working in Brazil, Argentina, and Paraguay. Daremblum says that terrorism has been present in Argentina since the attacks perpetrated by Hezbollah in the 1990’s. The former diplomat also explains that Iran’s influence in Latin America is so powerful that Iranians are not required a Visa to enter Venezuela. In his article that appears in the Hudson Institute website titled “Al Qaeda in Brazil?” Daremblum says:
“Terrorists have long found haven in South America's so-called Triple Frontier, which encompasses the intersection of…

Get the Hell Out!

The Ecuadorian government has declared “Persona non grata” to the United States Ambassador, Heather Dodges. Ricardo Patiño, Ecuador’s Foreign Minister, asked Hodges to leave Ecuador as soon as possible due to a WIKILEAKS cable where the Ambassador alleged police corruption, which was known by Ecuador’s government (FOXNEWS)

Patiño requested Hodges to leave after she did not provide the explanation Patiño looked for. Ecuador’s Foreign Minister was unsatisfied with Hodges’ explanation. Hodges said that the information was stolen from the United States Government. Therefore, she had nothing to explain to Ecuadorian authorities. The cable leak first appeared in the Spanish newspaper El País.

Whether Heather Hodges sent a cable or not. Ecuador’s government has no support to base diplomatic decisions of expelling a foreign diplomat on those grounds. Ecuador’s government is not only battling domestic disagreement with Rafael Correa’s administration but also foreign. What is next?

Is Hugo Chavez a Terrorist?

Hugo Chavez, Venezuela’s President, has established an anti-American agenda since he became president. It is not a surprise to some people to read articles like the ones posted on America’s Forum web site. However, the implications for Latin America exposed in the articles linked bellow are real and dangerous.
According to the articles, Hugo Chavez hosted a terrorist summit in Venezuela’s Military Intelligence Fort Tiuna in Caracas back in August 2010. The meeting had representatives from Hamas, Hezbollah, and Palestinian Islamic Jihad. Chavez has become the perfect seed that terrorism needs to spread its radical ideas.
Chavez’ influence in countries like Bolivia, Nicaragua, Ecuador, etc., is an asset to terrorists’ cells. In Ecuador, terrorists have a different incentive to promote their fight against the western hemisphere. Ecuador uses the United States Dollar as currency. Money laundering in dollars is an advantageous tool for terrorism to finance its operations. The Financial Actio…

The Failure of the “Market Failure” Argument

Dr. John Hasnas, Law professor at Georgetown University, gave a lecture to the Students for Liberty (Webminar Series) on November 8, 2010. Hasnas lecture was not on the Market Failure (MF) but rather the FAILURE of the Market Failure argument. Hasnas exposed his arguments against the MF from his knowledge in law and ethics. Hasnas could not being more eloquent in establishing the distinction of what constitutes for him the disappointment in the argumentation of the defenders of the subject in question.
I will now share my notes from Hasnas’ lecture:
The Market Failure (Definition according to Hasnas): The market is full with transactions that happen simultaneously. There are unregulated voluntary as well as regulated voluntary transactions. However, the market failure occurs when the good outcome(s) of these transactions affect negatively third parties. Advocates of the MF often mention the following examples when the “market fails;” air pollution, deforestation, water contamination t…

Was it a Coup d'etat?

On September 30th, 2010, Quito the capital of Ecuador was in shock by the police riots that took place at the Regimiento Quito 1 (Police Headquarters in the North side of the city). The police was (and still might be) unhappy with a new law for the public sector. This law, the police thought, would cut their bonuses and promotions. However, in reality the benefits still there but paid differently. The controversy and conflict took place when President Correa tried, mistakenly and wildly, to confront the crowd.
Police men gathered at the Regimiento Quito 1 Thursday morning, they burned tires and declared themselves on strike. President Rafael Correa went to the Police Headquarters hoping he could calm the police force and get them back to work. However, things were about to take a wrong turn. As Correa, from a window, tried to convince the police that this law will not take away their labor benefits; police men chanted in favor of Lucio Guitirrez, Ecuador's former President and C…

Subjective Value through Non-Austrians