by Matt Kibbe
22. Matt Bai, “Does Anyone Have a Grip on the G.O.P.?,” New York Times, Oct. 12, 2011.
23. “Transcript: Van Jones urges netroots to lead the way in rebuilding the American dream,” NW Progressive, July 1, 2011. http://www.nwprogressive.org/weblog/2011/07/transcript-van-jones-urges-netroots-to-lead-the-way-in-rebuilding-the-american-dream.html.
24. Ibid.
Chapter 14: The Revolution Will Be Chosen
1. Jordan Zakarin, “Stephen Colbert, The Next Ronald Reagan? Satirical Political Career Parallels Former President’s,” Huffington Post, Jan. 17, 2012. http://www.huffingtonpost.com/jordan-zakarin/colbert-super-pac-south-carolina_b_1210877.html.
2. Sam Stein, “Obama Compares himself to Reagan, JFK . . . But not Bill Clinton,” Huffington Post, May. 25, 2011. http://www.huffingtonpost.com/2008/01/16/obama-compares-himself-to_n_81835.html.
3. Ibid.
4. Bernard Bailyn, The Ideological Origins of the American Revolution (Cambridge, MA: Harvard University Press, 1992), p. vi.
5. Paul Johnson, George Washington: The Founding Father (New York: HarperCollins, 2005).
6. George Washington, “Farewell Address on His Departure from the Presidency,” Sep. 19, 1796. http://www.ourdocuments.gov/doc.php?flash=true&doc=15&page=transcript
7. Bernard Bailyn, The Ideological Origins of the American Revolution, p. 319.
8. Ibid.
INDEX
The pagination of this electronic edition does not match the edition from which it was created. To locate a specific passage, please use your ebook reader’s search tools.
AARP, 309–310
Ace of Spades (blogger), 74
Adams, Samuel, 73, 90, 150
AFT. see American Federation of Teachers
aggregate demand, 39–40, 43, 290
aggressive competition, 74–75
AIG bailout, 224
Alaska, spending on education, 237
Aldrich, Nelson, 188
Alexander, Lamar, 4, 5
Alinsky, Saul, 81, 86, 323
American exceptionalism, 338
American Federation of Teachers (AFT), 238–239
American Revolution, origins of, 16–17
Anderson, Chris, 313
Arab Spring of 2011, 76
Arizona, tax credits for education, 246
Armey, Dick, xiii, 141, 244, 344
Armstrong, Lynden, 6
Articles of Confederation, on taxation, 183
Atlas Shrugged (Rand), 95, 96, 148, 151, 159
The Audacity of Hope (Obama), 37
The Audacity to Win (Plouffe), 324–325
audit, of central bank, 221–222, 227–228
auto industry, hybrid and electric vehicles, 162–163
Axelrod, David, 86
Bai, Matt, 327–328
bailouts, 67–68, 75, 84, 218, 221, 223, 226, 317
Bailyn, Bernard, 336–337
Balanced Budget Amendment (BBA), 135–137
Baldwin, Alec, 83
Ballmer, Steve, xii
bank bailouts, 221
Bank of America, 91–92, 223–224
banks, 202
see also monetary policy; money
“Baptists and Bootleggers,” 166
Barlow, John Perry, 312, 318–319, 320
Bartofsky, Neil, 219–220
Bastiat, Frédéric, 44, 83
“Battle in Seattle” (1999), 86
Baucus, Max, 169, 170
Beard, Charles, 50
Beck, Glenn, 38, 65–66, 75, 344
Beck, Michael, 9
Bennett, Robert, 4, 5, 100, 127
Berkshire Hathaway, 177–178, 223
Bernanke, Ben, 29, 202, 211, 217, 221, 224, 228
Berwick, Donald, 263
Biden, Joe, 87, 98, 159
Bipartisanship, 106
Blitzer, Wolf, exchange with Ron Paul, 274–276
blogs, 62, 70
Boehner, John, 131
Boettke, Peter, 37
bond ratings, U.S. government bonds, 21
Bono (rock musician), 196, 197
boom and bust cycles, 215–216, 217, 326
Borelli, Tom, 166, 167
Borowski, Julie, 4, 7, 74
Boston Tea Party, 15, 90
bottom-up approach, 27, 43, 100
Bouazizi, Mohamed, 96–97
Breitbart, Andrew, 55
Bretton Woods system, 209
Bridgewater, Tim, 127
British National Health Service, 258–260
“broken window,” 161
Brooks, David, 72, 73
Browner, Carol, 168
Brown, Henry, 124
Brown, Scott, 170
Budget Act, 22–23
Buffett, Warren, income taxes, 175–179, 223
Buffett Rule, 176, 222–225
Bull Moose Party, 79
Bunning, Jim, 126
bureaucracy, healthcare and, 263–265, 267
Burton, Dan, 225
Bush, George H.W., 190
Bush, George W., 35, 105, 117, 190, 241–242
Byrd, Richard E., 186
Byrd, Robert, 48
Cain, Herman, 301
campaign donations, 171–172
Campbell, Carroll, III, 124
Campbell, Mercedes, 245
Canada, healthcare system, 260–261, 262
cap-and-trade regulation, 165–167
Cape Coral (Florida), Tea Party in the Park, 10
capital gains tax, 194
Capitalism and Freedom (Friedman), 233, 243
Cardin, Benjamin, 63
Carney, Tim, 153, 174, 223–224
Carter, Jimmy, 110, 125, 157, 164, 241, 279
CBS Evening News, 53, 61, 70, 74
central banks, 201–202, 209, 212, 218, 221, 226
centralization, 50, 232, 276
centralized authority, in U.S. government, 22, 51, 52
centralized media, 53–56, 62, 69
centralized politics, 62
certainty, political expressions of, 31–35
change, institutional hostility to, 129
Charlotte (NC), 165
Cheney, Dick, 318
Chevrolet Volt, 163
Chicago, education in, 239
Chile, public pension system, 301–302
Churchill, Winston, on democracy, 228–229
Chu, Steven, 159
circularity problem, 206
citizen journalists, 64
Civil Rights Restoration Act of 1988, 231, 249
Clancy, Dean, 374n20
Clarke, Stephanie, 8
CLASS (entitlement program), 266
class envy, 83
Claussen, Eileen, 166
Climategate scandal (2009), 69–70
Clinton, Bill, 120, 149, 190, 279
Clinton, Hillary, 323–324, 327
coal gasification, 167
Cochrane, John, 225
Colbert, Stephen, 335
college costs, 246–250
collusion, 106–107
Colonial Era:
erosion of individual freedoms before American Revolution, 16–17
Founding Fathers on taxation, 181–182
Tea Party, 15–16
Colorado, 130, 165
Commerce Clause (U.S. Constitution), 293, 294
Committees of Correspondence, 16
communications. see media
compact fluorescent bulbs, 152
competition, 74–75
Congress. see U.S. Congress
Congressional Health Care for Seniors Act, 309
conservative talk radio, 59
Constitution of Liberty (Hayek), 36
Contract for the American Dream (Van Jones), 100–102
Contract from America (Tea Party), 99, 125, 127, 130, 131, 179–180
Contract with America (Republican Party), 100
Conyers, John, 4
Coolidge, Calvin, 189, 195
Cornyn, John, 118, 120, 128, 130
/> corporate cronyism, 168
Corzine, Jon, 304
cosmetic surgery, 269–270
Coughlin, Father, 102, 103
CQ Researcher, 71
“creative destruction,” 70
Crist, Charlie, 128
Cronkite, Walter, 53–54, 57
crony capitalism, 153
currency devaluation, 214
cyberlibertarianism, 319
cyberspace declaration, 318–319, 320
“czar”:
information czars, 57–60
use of term, 45–48
Dean, Howard, 76
“death panels,” Obamacare, 255–256
decentralization, 52, 70, 119, 332
decision making, collecting information for, 67–68
“A Declaration of the Independence of Cyberspace” (Barlow), 318–319
defined-contribution programs, 301
deflation, 226
Delaware, 130
demand, 39, 42
DeMint, Jim, 137, 139, 227–228
democracy, Churchill on, 228–229
Democrats, 36, 62, 76, 79, 98, 99, 107, 108, 111, 111–112, 114, 116, 127, 130, 148, 239, 245, 267, 279, 283, 327
Demsetz, Harold, 156
DeParle, Nancy-Ann, 315, 316
DePillis, Lydia, 323
de Rugy, Veronique, 195
de Soto, Hernando, 96
devaluation, 214
“direct” tax, 183
direct-to-consumer video network, 66
disintermediation politics, 312–333
District of Columbia Opportunity Scholarship Program, 244–245
Dodd, Christopher, 318, 320, 321–322, 323
domestic oil production, 158, 164
“domestic terrorist” motif, 87
Dorgan, Byron, 170
Doyle, Mike, 87
dropout rate, 235–236
Drudge, Matt, 65
Drudge Report, 65
drug company donations, 171–172
Duke Energy, 165, 167
“duopoly,” 107
Dylan, Bob, 334
earmarks, 163, 267
Ebeling, Richard, 205–206
The Economic Consequences of the Peace (Keynes), 212–213
economic decision making, centralized, 52
economy:
boom and bust cycles, 215–216, 217
depressions, 215
financial crisis of 2008, 201–202, 217–218
Gladstone’s rules, 17–18
education, 230–253
financial aid programs, 248
high school dropout rate, 235–236
No Child Left Behind, 242, 243
Obama on, 245
parental satisfaction with, 242
quality of American education, 233–234
“rubber rooms,” 240
spending on, 237, 242–243
student loans, 246–250
tax credits, 246
teachers’ unions, 238–239
tenure in higher education, 247
violence in schools, 235, 236
vouchers, 243–245
education reform, 239
Eisenhower, Dwight D., 189
ejection of Tea Party Debt Committee, 1–7, 24, 25
Ekirch, Arthur, 49
“elastic currency,” 211
electric cars, 162, 163
energy, regulatory barriers, 164–165
energy policy, 157–162
“enhanced revenue,” use of term, 176
entitlements, 285–311
about, 266
defined, 291–292
fixing, 310
history of, 288–289
see also Medicaid; Medicare; Social Security
environmentalism, 164
equilibrium view, 43
Europe:
central banks, 202
national debt crises, 20–21
Occupy Wall Street events, 90
U.S. bailouts of central banks, 221, 222–223, 225
evening news shows, 61
exceptionalism, 338
“excess profits” tax, 188–189
executive power, 336
Fairness Doctrine, 58, 59, 62
Fannie Mae, 34, 155, 251, 317
fascism, 154
FCC, 57, 59–60, 60, 62
“Fear the Boom and Bust” (rap video), 38
federal budget:
annual budget plan, 23
entitlements, 287
inadequacy of, 18–19
Tea Party on, 140–144, 146
federal deficit, 19–20
Federal Employees Health Benefit Program, 308
Federal Open Market Committee (FOMC), 211
Federal Reserve, 201, 207, 211–212, 215, 218, 221–223, 227
Federal Reserve Reform Act (1977), 212
federal spending, historical look at, 19
Feingold, Russ, 45
“fiat currency,” 208, 209, 210
“Fight of the Century” (rap video), 38
financial aid programs, 248
financial crisis of 2008, 201–202, 217–218
financial reform, Obama on, 33–34
First Amendment rights, 17
First Continental Congress, 16
fiscal profligacy, 18
Flake, Jeff, 304
flat tax, 177, 192–194, 197
Florida:
tax credits for education, 246
Tea Party, 128
Florida Tax Credit Scholarship Program, 246
foreign banks, U.S. bailouts of, 222–223
Forstmann, Ted, 217–218
Frank, Barney, 34, 318
Franklin, Benjamin, 16
Freddie Mac, 34, 155, 251, 317
“free banking” system, 227
Free Competition in Currency Act of 2011, 228
freedom:
about, 27, 75, 314
as basis for moral behavior, 85
decentralized power of, 38
knowledge and, 76–77
retirement options and, 301
Sennholz on monetary reform, 229
as Tea Party strategy, 330–333
truth and, 74
freedom of the press, 55
FreedomWorks, 88, 137, 321
Friedman, Milton, 233, 241, 244, 259
Frist, Bill, 168–169
“full faith and credit,” 219
Gammon, Max, 259
Gammon’s Law, 259, 267
Gates, Bill, 250
GBTV (TV network), 65, 66
Geithner, Timothy, 219, 224, 225
Genachowski, Julius, 60
General Electric, 152–153, 155, 163, 167–168, 172–173, 191, 223
General Motors, 163
The General Theory of Employment, Interest and Money (Keynes), 40
General Welfare Clause (U.S. Constitution), 293, 294
George III (King of England), 337
Georgia, tax credits for education, 246
geothermal energy, 163
Germany:
“social insurance” plan of Bismarck’s Germany, 297
Weimar Republic, 213–214
Get Out the Vote (GOTV), 114, 131, 331, 332
Gigot, Paul A., 35
Gillespie, Nick, 107
Gladstone William, 17
global warming, 70
gold, as money, 205–206
Goldberg, Jonah, 46, 73, 102
gold mark, 214
gold standard, 208, 209, 210, 215, 228
Gore, Al, 70
government:
alliance between big business and big government, 56
centralization of under Obama, 315
confiscatory power of, 15
see also U.S. government
government-funded health care, 138
government intrusions, 86
government medicine, 248
government planning, 28–29, 31, 156
government power, 56, 156
on healthcare, 265
Keynes on, 42–43
New Deal, 50
grassroots movements, 76, 86, 323
grassroots protesting, 86, 326–327
Gratzer, David, 262, 282
Grayson, Trey, 126
Great Depression, 215
Great Society programs, 209
Greek debt crises, 21, 145, 225, 226
green energy, Obama administration on, 31–33, 158
Greenfield, Richard, 66
“green jobs,” 31–32, 69, 78, 160, 162
Greenspan, Alan, 214
Grove City College (Pennsylvania), 230–232, 249
Hamilton, Alexander, 293
Hannity, Sean, 120
Hastert, Dennis, 169
Hatch, Orrin, 118, 136–137, 163, 280
Hayek, Friedrich:
about, 28, 29, 41, 52
on big government, 33
Hayek vs. Keynes, 38–39, 40, 42–43, 44–45
on scientism, 48–49
spontaneous order, 332
Hazlitt, Henry, 217, 226
healthcare, 149, 253–254
bureaucracy and, 263–265
in Canada, 260–261, 262
cosmetic surgery, 269–270
“death panels” under Obamacare, 255–256
government spending, 265
health savings accounts (HSAs), 271–273
Hillarycare, 279
Obama on, 255–256, 258
optional services, 270
patient-centered care, 280–283
Quality Adjusted Life Year (QALY), 259–260
Reich on Obamacare, 253–254, 256–257
S-CHIP, 138, 280
“third-party payment,” 276–278, 283
in United Kingdom, 258–260
see also Obamacare
health insurance, lower-deductible kind, 277
health savings accounts (HSAs), 271–273
Higgs, Robert, 155
higher education, cost of, 246–250
high school dropout rate, 235–236
high-speed rail, 173–174
high taxes, 17
Hillarycare, 279
Hochul, Kathy, 268
Hoffa, Jim, 316
“hostile takeover,” xiii, xiv, 340–342
HotAir, 74
housing bubble, 34–35, 219
Howe, Ben, 6, 7
Huffmon, Scott, 122
Human Action (Mises), 216
hybrid cars, 162, 163
hyperinflation, 213–214
Icelandic Digital Freedom Society, 319
The Ideological Origins of the American Revolution (Bailyn), 337
Illinois, tax credits for education, 246
IMF. see International Monetary Fund
Immelt, Jeff, 152, 163, 167
income taxes:
flat tax, 177, 192–194, 197
see also taxation
Independent Payment Advisory Board (IPAB), 262–263, 309
Indiana:
coal gasification, 167
tax credits for education, 246
“indirect” tax, 183, 184
individual freedom