No Result
View All Result
  • Login
Tuesday, July 14, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Economy

Rockwell Is Right Again: The Disaster of Republican Rule

by theadvisertimes.com
4 months ago
in Economy
Reading Time: 4 mins read
A A
0
Rockwell Is Right Again: The Disaster of Republican Rule
Share on FacebookShare on TwitterShare on LInkedIn


Back in the year 2000, before George W. Bush was even elected, Lew Rockwell already had the Republicans’ number. Having lived through numerous GOP presidents before, Lew knew what was coming. In a column titled “Dreading Republican Rule,” Lew wrote: 

So I’m wondering: is it too early to start hating the Republican administration and all the groupies it is going to bring to town, all the pork it will hand out, all the flim-flam artists it will employ to cover the sellouts and abuses of power? You know it’s going to happen. The presidency of George Bush Junior, however much of a relief from the Clinton administration, is going to be a repeat of his father’s with slightly different coloring. That is, one long dark night of politics will be replaced with another.

The glory of American democracy is that it permits us to kick out the nasty tribe of parasitical despots that is currently ruling us. The tragedy is that it installs another group that will do essentially the same thing. Already you get the sense that GOP apologists, propagandists, and power brokers are gearing up for their turn at steering Leviathan. This is one reason the Republican Congress didn’t cut government. Why shrink something you are going to inherit?

He was, of course, correct. The Bush years experienced many of the worst abuses of power and many of the biggest expansion of federal spending and federal power witnessed since the days of the New Deal. Bush and the GOP expanded Medicare more than anyone since LBJ. They created the Department of Homeland Security, the TSA, passed the Patriot act, and launched two disastrous wars that cost thousands of American lives and trillions of American tax dollars. 

Through it all, Republicans incessantly lectured Americans about the need to give ever more power to the federal government, and to abolish more privacy. After all, “if you haven’t done anything wrong, you have nothing to hide.” Federal spending exploded. The welfare state thrived. 

From senior White House staff down to the local county officials, Republicans were reliably all on auto-pilot repeating the mandatory slogans like “support the troops,” and “they hate us because we’re free” accompanied by demands to honor and obey “our commander-in-chief.” 

It was all so tiresome.

And then, when the Global Financial Crisis came, the Bush administration did everything we feared it would do. Bush and his cronies gave us quantitative easing, corporate bailouts, and had the fed print trillions of dollars to buy up giant piles of government debt and MBS. The economic malaise, inflation, and growing economic inequality of today can be largely traced back to GOP’s enthusiasm for monetary inflation and the banker class. 

The total failure and outright evil of the GOP from 2001 to 2008 then ushered in the Obama administration which did what the Democrats do in the wake of a GOP presidency. They capitalized on the GOP’s enormous and reckless expansions of federal power. If anything, the rate of federal expansion under Obama moderated somewhat, but the federal government was already much bigger, much more expensive, and much more wired to expand in every imaginable direction. That is, the Republicans had ratcheted everything up, so the Democrats naturally took the newly expanded federal government and used it to serve Democrat constituents. 

And now we have another GOP president, with Republicans falling all over themselves to justify another major war, with many calling for “boots on the ground.” The Congressional GOP leadership is all in on this. Republicans are clearly willing to spike oil prices, drive up living costs for Americans, and even get Americans killed in a country that poses no threat to the United States whatsoever. This is all perfectly fine so long as the GOP serves its most important constituencies: AIPAC and the State of Israel. 

Meanwhile, the federal debt has ballooned and federal entitlement spending is running overtime. In both his first and second terms, Trump and the GOP have created most of the largest annual deficits ever experienced. The GOP doesn’t even pretend to care about federal spending anymore. The excuse for this amounts to little more than an “argument” on a level that a toddler on a playground might use: “we’re better than Kamala.” But, we know how this really works. What really matters is staying in power to loot the taxpayer as much as possible until the Dems get their next shot at the same thing. (Oh, and it’s also important for Republicans to protect the GOP’s friends whose names are in the Epstein files.) 

In other words, the welfare-warfare state is growing at breakneck speed. This, of course, is what we have learned we should expect from Republicans. Sure, when they’re out of power, Republicans pretend to care about the Constitution, and “limited government” and “free markets.” But when they’re in power, we remember those are all just campaign slogans that the GOP uses to pull the wool over the eyes of the gullible voters one more time. When the GOP is actually in power, it’s always “full speed ahead” with federal spending, war, and federal power in general. This will help ensure that when a Democrat is sworn in as president in January 2029, he or she will have access to the largest and most powerful government apparatus in the history of the world. And then the GOP and its activists will once against insist with a straight face that we need to vote for the “party of limited government” all over again. 



Source link

Tags: DisasterRepublicanRockwellRule
ShareTweetShare
Previous Post

Dividend Aristocrats In Focus: International Business Machines

Next Post

Nithin Kamath suggests how to curb offshore betting apps mushrooming after real money gaming ban

Related Posts

Market Talk – July 13, 2026

Market Talk – July 13, 2026

by theadvisertimes.com
July 13, 2026
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 1,315.00 points or -1.92% to...

Will the Trump Admin Buy Into OpenAI & Save Softbank?

Will the Trump Admin Buy Into OpenAI & Save Softbank?

by theadvisertimes.com
July 13, 2026
0

Earlier this month OpenAI CEO Sam Altman suggested that the US government take a 5% ownership stake in the spectacularly...

The Fallacy of the Keynesian Theory of Insufficient Demand

The Fallacy of the Keynesian Theory of Insufficient Demand

by theadvisertimes.com
July 13, 2026
0

Most experts believe that the key driver of economic growth is total demand for goods and services. Whenever an economy...

The Nationalization of Credit? | Mises Institute

The Nationalization of Credit? | Mises Institute

by theadvisertimes.com
July 13, 2026
0

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...

Trapped at Home: Climate Stress Is More Likely to Immobilize the Poor Than to Move Them

Trapped at Home: Climate Stress Is More Likely to Immobilize the Poor Than to Move Them

by theadvisertimes.com
July 13, 2026
0

Yves here. Perhaps readers will beg to differ, but I found this study to be maddening. It makes two assumptions...

From Sawdust to Paw Patrol: The Spin Master Story (with Ronnen Harary)

From Sawdust to Paw Patrol: The Spin Master Story (with Ronnen Harary)

by theadvisertimes.com
July 13, 2026
0

0:37Intro. Russ Roberts: Today is May 28th, 2026, and I want to remind listeners before introducing today's guest that we're...

Next Post
Nithin Kamath suggests how to curb offshore betting apps mushrooming after real money gaming ban

Nithin Kamath suggests how to curb offshore betting apps mushrooming after real money gaming ban

Stop Wasting Money on These 9 Costco Items

Stop Wasting Money on These 9 Costco Items

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
5 things financial therapists want every advisor to know

5 things financial therapists want every advisor to know

June 26, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
Prime Day, June 2026: How Retailers Competed With Amazon

Prime Day, June 2026: How Retailers Competed With Amazon

June 29, 2026
Vijay Kedia’s new smallcap bet revealed; FIIs raise stake, stock up 15% in one month

Vijay Kedia’s new smallcap bet revealed; FIIs raise stake, stock up 15% in one month

0
Crypto exchanges are becoming the new distribution channel for Wall Street assets

Crypto exchanges are becoming the new distribution channel for Wall Street assets

0
These Recalled Bed Rails May Still Be in Homes After Two Reported Deaths

These Recalled Bed Rails May Still Be in Homes After Two Reported Deaths

0
The Nationalization of Credit? | Mises Institute

The Nationalization of Credit? | Mises Institute

0
Bangladesh Bank announces Tk 900cr fund for startups

Bangladesh Bank announces Tk 900cr fund for startups

0
9 Stocks With Strong Rebound Potential in the Second Half of 2026

9 Stocks With Strong Rebound Potential in the Second Half of 2026

0
9 Stocks With Strong Rebound Potential in the Second Half of 2026

9 Stocks With Strong Rebound Potential in the Second Half of 2026

July 14, 2026
WISeKey sees 115% H1 revenue growth, maintains FY guidance (WKEY:NASDAQ)

WISeKey sees 115% H1 revenue growth, maintains FY guidance (WKEY:NASDAQ)

July 14, 2026
How Adobe’s CMO is preparing for AI-driven brand discovery

How Adobe’s CMO is preparing for AI-driven brand discovery

July 14, 2026
Vijay Kedia’s new smallcap bet revealed; FIIs raise stake, stock up 15% in one month

Vijay Kedia’s new smallcap bet revealed; FIIs raise stake, stock up 15% in one month

July 14, 2026
SBI Funds Management IPO to open today. Check brokerages review, GMP, subscription staus and other details

SBI Funds Management IPO to open today. Check brokerages review, GMP, subscription staus and other details

July 13, 2026
The Retirement Expense Rising Faster Than Inflation

The Retirement Expense Rising Faster Than Inflation

July 13, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • 9 Stocks With Strong Rebound Potential in the Second Half of 2026
  • WISeKey sees 115% H1 revenue growth, maintains FY guidance (WKEY:NASDAQ)
  • How Adobe’s CMO is preparing for AI-driven brand discovery
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.