Why the Free Market System Works

The free market system is becoming more and more popular across the world even as it is under attack here in the United States. You can even see China starting to realize the benefits of the free market system.

Supply and demand are the main driving forces behind this type of system. Supply and demand works like a set of checks and balances. When the demand for a product over shadows the supply, the price of that product will shoot up. When the supply outweighs the demand, the market will correct itself and prices will drop.

The best part about this type of market system is that consumers are free to buy anything they want and are not forced by the government to buy anything they don't want. The producers of goods can manufacture whatever they want and are free to wildly succeed or fail. That is what has made America the richest country in the world.

Critics will argue "what about the poor"? The truth is that our poor are better off than a large majority of the rest of the world's population and that have the opportunity to succeed as wildly as they have failed. The government isn't there to lift them up or hold them down. In fact, government programs such as unemployment benefits and food stamps only act to make people comfortable in poverty. The only way to reverse this is to make them uncomfortable in poverty so they will do something about it.

Don't get me wrong, I feel strongly that we as citizens of the United States of America have a responsibility to help out the less fortunate. The more successful we are the more we should help out. However, it should be on a voluntary basis, not forced by the government. The government is wasteful and inefficient.

President Grover Cleveland understood this very well. During his presidency there was a huge drought and the farmers in Texas lost all their crops. A plan was presented to him about the government coming to the aid of these farmers. Not only did he veto it, he strongly scolded those in favor of it and reminded them that it was not the government's responsibility to bail these farmers out. He pointed out that it was the responsibility of their fellow man to help them.

President Cleveland was right as millions of dollars of support poured in to these people with very little waste. The most surprising thing may that President Cleveland was a democrat yet still understood the importance of limited government.

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Woodrow Wilson Defending America

"The world must be made safe for democracy."

"The day has come when America is privileged to spend her blood and her might for the principles that gave her birth and happiness and the peace which she has treasured." From Bartlett's Familiar Quotations With these words Woodrow Wilson lead the United States into World War I.

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A Review of Barack Obama's The Audacity of Hope

In his book, The Audacity of Hope, President Barak Obama addresses issues that catapulted him to fame and brought the hope that he would be a prominent presidential election candidate. The book is originally his speech in Illinois state elections for senate chamber which has been delivered in 2004 in only 20 minutes. Later in 2006 he published that speech under the title "Audacity of Hope" that has the same themes he touched upon in the campaign speech in 2004.

Chapter one

The first chapter of the book is dedicated to two American parties, Democrats and Republicans. In this chapter, Obama contents that the congress is now more partisan than other times and that these two parties should overlook the differences and show collegiality and fellow feeling. He is not a supporter of mere partisan stance by the democrats against Republicans, nor does he agree with the old and worn out partisan poses or the Republicans. He hopes that Democrats show a sense of cooperation, while adhering to the central trends of the party.

Chapter two

He then in chapter two has recourse to politician behavior in the American political and social scene, asserting that in the age of information, not any of the politicians can remain exempt from the public scrutiny in the case of blunder. He calls for more adherences to political values in the face of conflict for sheer power. He also objects that the Democrat loss of offices comes from the internal factions and also from a more divisiveness with the Republicans. He admits that political scene dose not permit politician to remain true to their values. He finally hopes that the leaders of the two parties converge in the direction that its outcome be the nation's profit.

Chapter three

Then in chapter 3 Obama gives an account of legislation debate in which the law makers are actually reluctant to amendments necessary to make the law up-to-date according to the needs and requirements of the day. Personally, Obama is in the front who support the idea that, though the constitution is the historical phenomenon, we can have special cased that according to which this constitutions shows flexibility of interpretation. He generally supports this flexibility, when facing the needs of an ever-growing world.

Chapter four

Obama in chapter 4 goes back to previous discussion of politics and politicians, saying that special interest groups have an influence on them, who seek out their special interest during any political event. Obama declares that in order to tackle the problem of being at service of special interest groups and increase the efficacy of any political system, politicians should be true to the morality and values of the party. He, then, calls for democrats' appeasing the power-seeking parties and attitudes, so that they are able to serve their constituency better.

Chapter five

Obama, in chapter 5, this time targets economy and US economy in particular and considers its impact in social, cultural and political domains. According to him economic inefficiency is to the loss of the poor and marginalized people, but his own meetings with the prominent and wealthy people attests that his view is ironically also true.

Chapter six

He then, touches upon school reform, which has been implemented through empirical research. Religion and religious faith is Obama's next resort in his book, by which he contends republican show- off of the religious faith. He gives an account of his journey from atheism to faith and that religious faith has strengthened his personal and moral convictions. Obama objects that since Americans are deeply religious, the only by which democrats can win this people's consent is remaining in a sense of ease to religious faith. He concludes that religious tolerance is the best way to, for the two parties to have common grounds for ideas, not a hotspot in which they lead full-fledged war.

Chapter seven

Race is dominant theme in chapter 7. In this Obama admits that, although the institutionalized form of racial discrimination has been ended, but with a look at American social scene, one can notice subtle form of discrimination is still present, however this prejudice dose not stem from fundamentally race-based attitudes, but from sheer ignorance of its perpetrators. Obama wants all Americans to disagree with any cases of discrimination in order to uproot this filthy phenomenon from Black experience of life.

Chapter eight

Chapter 8 of the book is a scene in which Obama arranges American role in international politics and relations. He asserts that US defense budget is not in accord with the new patterns and needs of international relations and that American must attempt to assume more responsibility in facing the new paradigms emerging after 9 September 2001. In Iraq war issue, he believes that unilateralism was misguided and it has been poorly handled by Republican administration. He admits more multilateral efforts in solving world problems and that the Americans needlessly have been complacent about their role and function regarding the world affairs.

Chapter nine

The last chapter is family in which Obama gives his own childhood accounts. Obama here contends that Republican's stance over the family in posing personal dogmas in the frame of the law is not true to the private aspects of personal life. He finally asserts that in order to provide a center for children to thrive in, the families should have an unshakeable foundation and for that, supportive policies and personal responsibility must be dominant among the collective attitudes toward family.

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The Failed Presidency of James Buchanan

James Buchanan was the fifteenth President of the United States. Few presidents before him had as much experience in public life as he, but his presidency was to be an utter failure. A study of his presidency may prove to have some lessons for the current administration.

Buchanan was born in Pennsylvania of prosperous Scotch-Irish parents. After graduating from Dickinson College he became a highly successful lawyer and was elected to Congress in 1820 after serving in the Pennsylvania legislature as a Whig. When the Whig party collapsed he followed Andrew Jackson and became an important democratic leader.

Buchanan served as minister to Russia and, in 1934, was elected to the Senate where he served for ten years. He became Secretary of State under James K. Polk in 1844. After a couple of failed attempts for the presidency, Buchanan finally secured the Democratic Presidential nomination in 1854 with support from the South and was elected president in November of that year. As President Buchanan was beholden to the South his pro south policies and his inability to compromise in the face of sectional pressures proved to be disastrous for the Democratic Party.

In order to uphold the southern view that a territorial legislature could not prohibit slavery, Buchanan secretly influenced a northern justice of the Supreme Court into voting with the southern Supreme Court majority against the legality of the Missouri Compromise giving us the infamous Dred Scott decision. His expansionist policies further exacerbated sectional tensions and his endorsement of the admission the State of Kansas to the Union as a slave state after he had earlier pledged for a fair vote proved to be politically disastrous.

A depression in 1857, Buchanan's opposition to northern sponsored economic recovery legislation and the fact that his was the most corrupt administration since the countries founding did further harm his administration. With all this, Buchanan found himself desperately trying to avoid a civil war as states threatened to secede from the union. Even though he was able to work out an informal agreement to temporarily preserve the union, it was small recompense for the damage done. He handed over the reins of power to President Lincoln in 1809 and withdrew from politics.

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Happy New Year - 2010

Wishing you and yours a Healthy and Prosperous New Year!

Joe Conigliaro
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