The Crisis : Libertas and Veritas

The world today finds itself in a recession. The global recession was caused by unsustainable borrowing provoked by the self destructive and incoherent “war on terror” in concert with irresponsible bank lending – bad debt. These policies have repercussions beyond the immediate recession: the problems facing the United States are deeper than a mere economic recession. A libertarian perspective allows us to elaborate solutions to those problems. This article provides my view of the libertarian perspective on the mediate consequences of irresponsible policies, the state, and the economy. It details the consequences of failed federal budgetary and foreign policies, and offers policies which would work both to improve the economy and ameliorate the political situation