Obama's Election Seals Our Fate

The Obama re-election dooms the country.  It ensures that his philosophy will be imposed for another four years. His election ensures the continuing shift away from the Rule of Law, property rights, free men, and free markets.  Obama's vision of how the world works ensures a dire economy until an economic collapse resets everything.  The rest of the world, apparently bigger Obama supporters than U.S. voters, will not be immune from the consequences. The Fundamentals of Progress Peace and progress are the children of freedom.  The wealth of nations was explained more than two hundred years ago by Adam Smith.  Property rights and markets coordinate behavior in a manner that all are made better off by the pursuit of self-interest. President Obama's view of the world is in contradiction to anything that has ever succeeded.  He believes that elites should manage and direct people's lives.  This fatal conceit, as Friedrich Hayek referred to it, produces...(Read Full Article)