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Author Archives: Stephen B. Young

Free market requires regulation

Last Saturday afternoon I was at the Renaissance Festival watching many people dressed up in Elizabethan costumes of various kinds. They were having a great time with one another role playing in an alternative reality. The notion of an “alternative reality” that is alive and well among us brought a subversive thought to my mind: Is the Tea Party living in an alternative reality?

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Tea in the water

Well, last weekend in Ames, Iowa, a few thousand Republicans expressed their views on presidential candidates, and Tim Pawlenty did not attract enough admirers. He dropped out. Michele Bachmann did better, but so did Ron Paul.

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How should we run our governments?

The eyeball-to-eyeball confrontations between Gov. Mark Dayton and the Republican-led state Legislature and last week’s cliffhanger negotiations between President Barack Obama and the Republican leadership of the U.S. House of Representatives do not speak well for the quality of governance in our constitutional republic.

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Déjà vu all over again!

So we have “déjà-vu all over again.” Remember the grand compromise between Ronnie and Tip that started Reaganomics in the early 1980s? In that fateful deal, reached as I recall mano a mano, eyeball-to-eyeball, President Ronald Reagan got what he wanted: lower taxes; and Tip O’Neill, Democratic speaker of the House, got what he wanted: higher spending.

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Fiat justitia, ruat caelum

“We finally really did it. You maniacs! You blew it up! Damn you. God damn you all to hell!” So says Taylor (Charlton Heston) at the end of “Planet of the Apes” as he gallops along the beach to see the destroyed and sunken Statute of Liberty.

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