Well the school year is a few weeks old and I and my fellow 2L’s are therefore already buried. That being said, it’s never good to let a blog grow cold, so hopefully I (and the other contributors!) will find time to re-energize it. One thing you may notice is the name change. I felt it was time for something punchier; that time is now.

Anyway, on to business.

I am not all that interested in economics per se, nor do I consider myself a political guru by any stretch. Nonetheless, I wanted to offer up a remark about the astonishing $700,000,000,000.00 government bank buyout that is currently occupying headlines.

I don’t pretend to know all the details of this plan, but obviously, someone is going to have to pay for it and everyone knows the U.S. government is already dead broke. That fact also brings up an interesting corollary that I am not seeing mentioned in the media: We are in this position because of widespread and rampant financial mismanagement. So why do we think that the federal government (which already has a $10 Trillion debt to testify to its financial management prowess) is going to make the situation better? And even if we could be sure it would, does that necessarily mean that it should?

It makes me nervous when the government interferes in free markets for the purpose of economic engineering.

One other point that goes to my caveat regarding politics. I would consider myself conservative, but I would not call myself a Republican. One reason for this is exemplified by this issue. If liberals can be counted on to increase government spending to pay for gratuitous government programs, why can’t conservatives be counted on to keep the government uninvolved and let the market regulate itself? Why does the choice seem only to be where we spend the $700 Billion we don’t have?