One third of the $15 trillion of mortgages in existence in 2008 are owned, or securitized by Fannie Mae, Freddie Mac, Ginnie Mae, the Federal Housing and the Veterans Administration. Wall Street buyers of repackaged loans didn't mind buying risky paper because they assumed that they would be guaranteed by the federal government: read bailout from the taxpayers. Today's housing mess can be laid directly at the feet of Congress and the White House.

The public good is promoted best by people pursuing their own private interests. This bothers some people because they're more concerned with motives than with results.

"Cap and trade" is just about the most effective tool for controlling most economic activity short of openly declaring ourselves a communist nation and it's a radical environmentalist's dream come true.

There are many farm handouts; but let's call them what they really are: a form of legalized theft. Essentially, a congressman tells his farm constituency, "Vote for me. I'll use my office to take another American's money and give it to you."

Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place.

Thou shalt not steal unless thou hast a majority vote in Congress.... I'm healthy; subsidized prescription drugs won't do me much good. I'd be willing to forego my prescription drugs if Congress would force some young American to mow my lawn.

So what's the difference between republican and democratic forms of government? John Adams captured the essence of the difference when he said, 'You have rights antecedent to all earthly governments; rights that cannot be repealed or restrained by human laws; rights derived from the Great Legislator of the Universe.' Nothing in our Constitution suggests that government is a grantor of rights. Instead, government is a protector of rights.