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Aug. 15th, 2007 10:39 amОттуда же: The draft ended in 1973, just before the Vietnam War did. But its demise was foretold four years earlier, on March 27, 1969, when Richard Nixon—just two months into his presidency—announced the creation of a "commission on an all-volunteer armed force."
It was well understood that the purpose of the commission was to sanctify the abolition of the draft. The panel was chaired by Thomas Gates, a former secretary of defense in the Eisenhower administration. But more to the point, it was set up by Martin Anderson, Nixon's campaign chairman and a free-market economist who opposed conscription on philosophical grounds. And among the commissioners that Anderson appointed were two of the nation's most renowned libertarian economists, who shared Anderson's view on the matter: Milton Friedman and Alan Greenspan.
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It was well understood that the purpose of the commission was to sanctify the abolition of the draft. The panel was chaired by Thomas Gates, a former secretary of defense in the Eisenhower administration. But more to the point, it was set up by Martin Anderson, Nixon's campaign chairman and a free-market economist who opposed conscription on philosophical grounds. And among the commissioners that Anderson appointed were two of the nation's most renowned libertarian economists, who shared Anderson's view on the matter: Milton Friedman and Alan Greenspan.
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Date: 2007-08-16 01:43 am (UTC)And whose fault is it, now?
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Date: 2007-08-16 04:15 pm (UTC)no subject
Date: 2007-08-16 03:14 am (UTC)Before he became Fed Chairman, ... Greenspan argued for a Misesian view of monetary matters, pointing to how monetary inflation lead to confiscation of wealth and destabilizing business cycles, arguing that only a gold standard could protect us from the predation of the state. (http://www.moneyweek.com/file/6310/the-mess-alan-greenspan-leaves-behind.html)
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Date: 2007-08-16 08:32 am (UTC)Good reason to get rid of the power.
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Date: 2007-08-16 02:35 pm (UTC)