[Article Published at American Thinker]
"For an unapologetic capitalist, it's particularly frustrating when an allegedly pro-capitalist politician lacks the intellectual ammunition to adequately defend the free market. Concessions to statist opponents provide the illusion that statists have the moral upper hand. This is especially self-defeating when a politician -- a successful capitalist in his private life who should recognize the dangers of statist principles -- is reduced to merely quibbling over good and bad applications of an inherently pernicious principle."
"Mitt Romney was just such a politician in the last election."
"Economic regulation is directly analogous to prior restraints on free speech. Just as a preliminary injunction on free speech holds one guilty before a word has been spoken, economic regulations constitute prior restraints on commerce whereby the businessman must first prove his innocence before he is allowed to engage in commerce."
"For some reason, prior restraints on right to property are not only not given parallel treatment, but are considered necessary for a "free economy" -- by an alleged defender of the free market no less. Since the Left despises private property and thinks profit is made by poisoning and harming customers, businessmen are treated as guilty until they prove themselves innocent before a phalanx of government bureaucracies, such as the FDA, EPA, SEC, OSHA, ATF, and on and on."
"Yet, nobody thinks to ask why the marketplace for ideas has not collapsed without concomitant bureaucracies strangling free speech with prior restraints?"
Read the whole article at American Thinker here.
There are some interesting and lively comments following the article, so feel free to add or debate.