Here is a letter I sent to the editor of the Wall Street Journal regarding an article published on December 22. (I imagine they get millions of letters after they slam Ron Paul, but hey, this is what the Internet is for!)
Dear Sir:
In her opinion piece, “What Ron Paul Thinks of America,” Dorothy Rabinowitz implies that Ron Paul, like Barack Obama, hates America. This could not be further from the truth. Dr. Paul loves America, but it’s an
“What? You Don’t LOVE It?!”
I read in today’s Wall Street Journal that Homeland Security bought Montgomery County, Texas, a $300,000 surveillance drone. Not only does this smack of both the surveillance state and crony capitalism–the US government is promoting drone sales abroad as well–but it’s an abuse of taxpayers’ money to use federal funds to pad the policing power of municipalities. Federal funding of municipal responsibilities eliminates even the indirect possibility of connecting the costs and (alleged) benefits of government spending. In this case in particular, the benefits themselves are clearly mixed. The title of the article tells the story: The Law’s New Eye in the Sky: Police Departments’ Use of Drones Is Raising Concerns Over Privacy and Safety.
I just read a great article by one of my favorite Austrian economists, Jesus Huerta de Soto, explaining an aspect of the financial crisis that I never heard anyone point out. The government cannot be trusted with the money, the law or, apparently, accounting standards! I found the following article at Professor Huerta de Soto’s page “articles in English” on his website jesushuertadesoto.com. Here is the full text: