Many people are lamenting the failure of the Congressional "Super Committee" to come up with an agreement on ways to reduce the runaway federal deficits. But you cannot judge success or failure without knowing what the goal was.
We frequently hear from the particularly naïve that they want to take the money out of politics. That claim recently resounded from the Occupiers of Wall Street and other locations — apparently so they could keep the loot for themselves, if the $500,000 they raised was any indication. Scratch a Marxist with a bank-roll, and you’ll expose a hypocrite every time.
Thomas Edison invented the incandescent bulb, the phonograph, the DC motor and other items in everyday use and became wealthy by doing so. Thomas Watson founded IBM and became rich through his company's contribution to the computation revolution. Lloyd Conover, while in the employ of Pfizer, created the antibiotic tetracycline. Though Edison, Watson, Conover and Pfizer became wealthy, whatever wealth they received pales in comparison with the extraordinary benefits received by ordinary people. Billions of people benefited from safe and efficient lighting. Billions more were the ultimate beneficiaries of the computer, and untold billions benefited from healthier lives gained from access to tetracycline.
Second only to Ron Paul, Michele Bachmann is the most consistent of the GOP presidential candidates when it comes to the subject of liberty. Her record is, for the most part, commendable. Beyond this, Bachmann strikes the unprejudiced and prejudiced observer alike as a woman of conviction, a woman with a keen intelligence, intestinal fortitude, and the ability to articulate her views with concision and clarity.