We can't continue living in the lawless society we've become where politicians and corporate welfare queens can conspire in Washington to do whatever they want with our resources.
It is illegal for businesses to collude to set prices. But somehow it was not illegal for the nation's pharmaceutical firms to do essentially this in helping to midwife the multi-trillion dollar health care bill that still might be forced on us. Pharmaceutical industry support for socializing one-sixth of the American economy was critical for moving the health care bill forward. And they got on board by getting agreement on how government would be involved in pharmaceutical pricing.
The Department of Education has announced that Washington, DC is among the finalists to receive federal money as part of the $4 billion Race to the Top program. Washington already spends $28,000 per student in one of the worst schools systems in the country.
The current Obama administration budget projects a doubling of our national debt to $18.5 trillion by 2020, or about 100 percent of our GDP. Harvard economist Martin Feldstein estimates interest alone will cost $800 billion a year.
It's time to stop lying to ourselves. We're losing our freedom and our nation. We need to slam on the brakes before it's too late.
Star Parker
Star Parker is founder and president of CURE, the Center for Urban Renewal and Education, a 501c3 think tank which explores and promotes market based public policy to fight poverty, as well as author of the newly revised Uncle Sam's Plantation: How Big Government Enslaves America's Poor and What We Can do About It.