Capitalism Comeback

A Bullish Tea Party Revolt
Larry Kudlow | September 19, 2010

This past week I gave a speech to a group of investors. The organizer of the event e-mailed me the night before, asking that I please try to be optimistic. Well, that’s my usual habitat. But optimism has been hard for me this year. Our muddle-through economy and lackluster stock market, challenged by so many taxing, spending, and regulating problems coming out of Washington, are the reasons why.

In fact, until recently, I’ve been advising people to take profits in the stock market, rather than buy-and-hold. You should keep your money before the Obama IRS takes it from you.

But following the tea-party primary victories in Delaware, New York, and New Hampshire this week, I’m once again getting energized.

Free-market capitalism is on the comeback trail. That’s one of the key tea-party messages. And make no mistake about it: The free-market power of the tea-party political revolt is totally bullish for stocks and the economy.

In short, this is a revolution…

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A concise explanation of capitalism’s moral and economic superiority to all forms of socialism, including America’s current mixed-economy welfare state.

Rational Individualism: A Moral Argument for Limited Government and Capitalism
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The book explains why individual rights to life, liberty, property, and the pursuit of happiness are critical for a civilized society. The book demonstrates how socialism always leads to brute force, and how socialists are currently taking control of America’s government.

Human Action: A Treatise on Economics
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Read the original story at Asheville Tea Party