I think I know where this is going. . . a photo contest

“As engines of economic growth, markets extend the frontiers of human well-being; as sites of innovation, they expand the boundaries of human imagination; as a non-coercive means of coordinating behavior, they diminish the threat of tyranny. However, markets can also concentrate economic power in a way that limits individual opportunity, stifles innovation, and distorts public discourse. The need to respond to market incentives can distort relationships, dissolve communities, and harm the natural environment. The extension of markets into education, health care, and criminal justice threatens to undermine the distinct aims that those institutions were designed to promote. How do markets promote or hinder human well-being? What is the relationship between economic freedom and other freedoms? What are the proper limits of markets? What, if anything, should not be for sale?”

Pretty sure capitalism will be bashed in this photo contest promoted by Center for Ethics and Human Values at Ohio State University.  The solutions will be, of course, more government control. . . because markets

• concentrate economic power
• limit individual opportunity
• stifle innovation
• distort public discourse
• distort relationships
• dissolve communities
• harm the natural environment
• undermine distinct aims of institutions
• hinder human well-being
• proper limits

Is your state driving away business?

Ohio is. It is ranked 47th for business climate, according to a new study by the Tax Foundation. Take a look at that map! Illinois is 30th, Indiana 12th, and Michigan 17th. And here sits Ohio at the bottom of the heap looking to big gambling interests (issue 3, slots at race tracks, lottery, etc.) instead of real tax reform to pull us out of this mess, created by both parties. The market is now global, but the Department of Labor reports most mass job relocations are from one U.S. state to another rather than to an overseas location. For instance, from Mt. Morris, Illinois to Florida, and 30+ years ago to another southern state. Sure, workers can move, but that doesn't help the schools or the local businesses that support the town. All ten of the states with the worst business tax climates voted for Barack Obama in the 2008 presidential election, and five of the ten states with the best business tax climates voted for John McCain according to the Tax Professor. Ohioans plan to further destroy our economy in the Appalachian states by going along with the green global goals of the current administration in Washington.

HT to Patrick Poole of Soballiance who pointed to these sources.

For once (or twice) I agree with President Clinton

After being elected on "hope" Obama has been the biggest down talker of the people and the economy I've ever heard. President Clinton has cautiously announced that this isn't the way to give people hope, and that everyone who has bet against America in its history has lost. First he gives Obama an "A" for his first month (he doesn't mind the huge ethics lapse of Obama's staff). Then he adds his "fatherly" advice--lighten up.

Former president Bill Clinton tells Good Morning America, in an interview airing today, that he likes "the fact that (President Obama) didn't come in and give us a bunch of happy talk. I'm glad he shot straight with us. ... (But) I just want the American people to know that he's confident that we are gonna get out of this and he feels good about the long run. ... I like trying to educate the American people about the dimensions and scope of this economic crisis. ... I just would like him to end by saying that he is hopeful and completely convinced we're gonna come through this."

I have never felt so belittled and distraught as I do listening to our President hem and haw his way through a speech or interview. He is throwing bad money after bad. And then he tells us it probably won't work. Huh? The markets are responding--unfortunately--just the way Obama "hoped." The markets began plunging when it appeared in the fall that Obama-spread-the wealth would be elected. They have continued to plunge because the more he destroys the economy, the more he knows the people will turn to him. Now all the gains of the Bush years have been wiped out, and Obama appears to be the big winner.

Markets drop to welcome Obama

Ker-flop. Drop below 8000. They're not hot on planned economies either.



Just look at what happened on November 5 and January 20! Amazing. Obama has a number of bazillionaire backers. Easier to put the little guy out of business with a Democrat in office. It's called over-regulation and government nannyism.