Wednesday, December 31, 2008

Have you driven a Ford lately?

(Compiler's note: Source-- comments from a friend ... (I’m sure glad you and I are bailing out the auto industry. The attitudes of the Ford employees shown on the video at the link below sure are approaching that of workers in a communist country! Is that where we are headed?)

Just click here for the disturbing news video


PJB: The Party’s Over

(Compiler's note: Please note that the date of this article is September 19, 2008.)

By Patrick J. Buchanan

The Crash of 2008, which is now wiping out trillions of dollars of our people’s wealth, is, like the Crash of 1929, likely to mark the end of one era and the onset of another.

The new era will see a more sober and much diminished America. The “Omnipower” and “Indispensable Nation” we heard about in all the hubris and braggadocio following our Cold War victory is history.

Seizing on the crisis, the left says we are witnessing the failure of market economics, a failure of conservatism.

This is nonsense. What we are witnessing is the collapse of Gordon Gecko (”Greed Is Good!”) capitalism. What we are witnessing is what happens to a prodigal nation that ignores history, and forgets and abandons the philosophy and principles that made it great.

A true conservative cherishes prudence and believes in fiscal responsibility, balanced budgets and a self-reliant republic. He believes in saving for retirement and a rainy day, in deferred gratification, in not buying on credit what you cannot afford, in living within your means.

Is that really what got Wall Street and us into this mess — that we followed too religiously the gospel of Robert Taft and Russell Kirk?

Government must save us!” cries the left, as ever. Yet, who got us into this mess if not the government — the Fed with its easy money, Bush with his profligate spending, and Congress and the SEC by liberating Wall Street and failing to step in and stop the drunken orgy?

For years, we Americans have spent more than we earned. We save nothing. Credit card debt, consumer debt, auto debt, mortgage debt, corporate debt — all are at record levels. And with pensions and savings being wiped out, much of that debt will never be repaid.

Our standard of living is inevitably going to fall. For foreigners will not forever buy our bonds or lend us more money if they rightly fear that they will be paid back, if at all, in cheaper dollars.

We are going to have to learn to live again without our means.

The party’s over

Up through World War II, we followed the Hamiltonian idea that America must remain economically independent of the world in order to remain politically independent.

But this generation decided that was yesterday’s bromide and we must march bravely forward into a Global Economy, where we all depend on one another. American companies morphed into “global companies” and moved plants and factories to Mexico, Asia, China and India, and we began buying more cheaply from abroad what we used to make at home: shoes, clothes, bikes, cars, radios, TVs, planes, computers.

As the trade deficits began inexorably to rise to 6 percent of GDP, we began vast borrowing from abroad to continue buying from abroad.

At home, propelled by tax cuts, war in Iraq and an explosion in social spending, surpluses vanished and deficits reappeared and began to rise. The dollar began to sink, and gold began to soar.

Yet, still, the promises of the politicians come. Barack Obama will give us national health insurance and tax cuts for all but that 2 percent of the nation that already carries 50 percent of the federal income tax load.

John McCain is going to cut taxes, expand the military, move NATO into Georgia and Ukraine, confront Russia and force Iran to stop enriching uranium or “bomb, bomb, bomb,” with Joe Lieberman as wartime consigliere.

Who are we kidding?

What we are witnessing today is how empires end.

The Last Superpower is unable to defend its borders, protect its currency, win its wars or balance its budget. Medicare and Social Security are headed for the cliff with unfunded liabilities in the tens of trillions of dollars.

What we are witnessing today is nothing less than a Katrina-like failure of government, of our political class, and of democracy itself, casting a cloud over the viability and longevity of the system.

Notice who is managing the crisis. Not our elected leaders. Nancy Pelosi says she had nothing to do with it. Congress is paralyzed and heading home. President Bush is nowhere to be seen.

Hank Paulson of Goldman Sachs and Ben Bernanke of the Fed chose to bail out Bear Sterns but let Lehman go under. They decided to nationalize Fannie and Freddie at a cost to taxpayers of hundreds of billions, putting the U.S. government behind $5 trillion in mortgages. They decided to buy AIG with $85 billion rather than see the insurance giant sink beneath the waves.

An unelected financial elite is now entrusted with the assignment of getting us out of a disaster into which an unelected financial elite plunged the nation. We are just spectators.

What the Greatest Generation handed down to us — the richest, most powerful, most self-sufficient republic in history, with the highest standard of living any nation had ever achieved — the baby boomers, oblivious and self-indulgent to the end, have frittered away.

Victor H. Krulak, 1913 - 2008 Marine general was a war hero

(Compiler's note: Our nation has just lost a great man! A must read article ... good bye my friend ... Semper Fidelis. Simply too much good material to highlight, so you're on your own.)

By Tony Perry

Retired Marine Lt. Gen. Victor H. "Brute" Krulak, celebrated for his leadership in World War II, Korea and Vietnam and for his authoritative book on the Marines, "First to Fight," died Monday at Scripps Memorial Hospital La Jolla. He was 95 and had been in declining health for several years. In a career that spanned three decades Krulak displayed bravery during combat and brilliance as a tactician and organizer of troops.

"Brute was very forgiving of young Marines who made mistakes," said retired Col. G.I. Wilson, a combat veteran. "But he was hell on senior officers who preferred careerism and bureaucracy over decisive action. He detested those who lost sight of looking after their enlisted Marines and young officers."

Born in Denver on Jan. 7, 1913, Krulak was a 1934 graduate of the Naval Academy -- where he picked up his nickname, a jest on the fact he was 5 foot 4. As a junior officer he served in Marine actions in Central America, where his views on counterinsurgency were formed.

In World War II, as a lieutenant colonel, he led a battalion in a weeklong battle as a diversionary raid to cover the invasion of Bougainville. Although wounded, he refused to be evacuated. For his bravery he was awarded the Navy Cross.

Under heavy fire from the Japanese, the Navy sent patrol boats to evacuate wounded Marines. Krulak befriended one of the young commanders, John F. Kennedy. Decades later the two shared a drink of whiskey in the Oval Office after Kennedy was elected president.

After World War II, Krulak held several key jobs, including commander of the 5th Marine Regiment and later chief of staff for the 1st Marine Division during the war in Korea. Later he served as commander of the Marine boot camp in San Diego and, from 1962 to 1964, as special assistant for counterinsurgency to the Joint Chiefs of Staff.

As commanding general of Fleet Marine Force Pacific he made 54 trips to Vietnam.

His ideas about mining Haiphong Harbor and relying on small unit actions in South Vietnam to win the support of the populace clashed with the strategy of Army Gen. William C. Westmoreland, commander of all U.S. troops from 1964 to 1968. He opposed Westmoreland's decision to establish an outpost at Khe Sanh, which resulted in one of the bloodiest sieges of the war. Krulak had hoped to become Marine Corps commandant, but President Johnson in 1968 nominated Gen. Leonard Chapman Jr. Krulak retired and began a second career as an executive for Copley newspapers and as a columnist. He retired as an executive in 1977 but continued to write.

In 1984, his book "First to Fight: An Inside View of the U.S. Marine Corps" was published, examining the history and culture of the Marine Corps. It remains on the official reading list for Marines and has been said to carry the DNA of the organization that prides itself on being the worst enemy that a foe of the United States can imagine.

"The Marines are an assemblage of warriors, nothing more," Krulak wrote. He called on Marines to maintain a "religious dedication" to being ready to "go and win -- and then come back alive." He disdained Pentagon bureaucracy and, even as he celebrated the Corps' history, he called for Marines to "remain on the cutting edge of the technology that will keep its specialty effective."

Bing West, former assistant secretary of defense in the Reagan administration and author of books on Marines in Vietnam and Iraq, said Krulak "was legendary for the depth of his intelligence."

In a 2007 speech to the Marine Corps Assn., Defense Secretary Robert Gates praised Krulak for "overcoming conventional wisdom and bureaucratic obstacles thrown in one's path." Among other things, Krulak advocated that the Marines form a special forces unit when other Marine leaders opposed the idea.

All three of Krulak's sons served in Vietnam: Charles and William as Marine infantry officers, Victor Jr. as a Navy chaplain. After retiring from the Marines, William followed his brother into the Episcopal clergy. Charles, as a general, served as Marine commandant from 1995 to 1999, and followed in his father's footsteps as an innovator and champion of the enlisted man. Along with his sons, Krulak is survived by four grandchildren and 10 great-grandchildren.

Krulak's wife, Amy, died in 2001. Funeral services are set for 2 p.m. Jan. 8 at the chapel at Marine Corps Air Station Miramar.

Americans drop dead as police get Taser-happy

By Drew Zahn

Are cops underestimating stun gun's lethal power?

Even though the news is inundated with stories of people dying after being stunned by Tasers, police departments all over the nation are adding the electric-shock weapons to their arsenals, convinced the benefits outweigh the risks.

Research by WND revealed several news stories from just this month of police departments newly equipping themselves with the electric stun guns, including law officers in Maryland, Florida, New York, Michigan and even a small community of 15,000 in Pennsylvania, where the 22 full-time officers will be receiving 12 new Tasers.

In other cities, the number of Tasers already in use is skyrocketing: Durham, N.C., plans to double its police arsenal from 110 to 235, and a Georgia police chief is hoping to add 1,000 more stun guns to the Atlanta metro.

The Taser company's website includes testimonials from dozens of police departments, from nearly every state in the U.S.; and a statement from New York's Deleware County Sheriff's Department – which armed itself with Tasers last week – claims 13,400 law enforcement, correctional and military agencies in 44 countries use the device, having fired it on a cumulative total of more than 624,000 people.

The Taser stun gun is the most common brand of a conductive energy device, or CED, which fires 50,000 volts of electricity through its target from as far as 35 feet away, causing uncontrollable muscle contraction and temporary immobilization.

For many of law enforcement agencies now using the device, the Taser is viewed as a safe alternative to guns, nightsticks or physical force in restraining uncooperative subjects.

In Johnsonburg, Pa., Police Chief Bryan Parana is proud to boast the first police department in his county to use Tasers.

"It's one of the most researched electronic devices out there. What I want to get across is it's not electrocution," Parana told the DuBois Courer-Express, "It is an electronic device which incapacitates."

The safety of the device, however, is becoming a matter of hot debate, and, as more and more news stories are beginning to reveal, it's an electric device that can also kill.

Two days after the city of San Jose, Calif., agreed to pay $70,000 to the wife and child of a man who died in 2005 after police jolted him with Tasers, the city is the center of controversy again after area law enforcement officers fired the device into 26-year-old Edwin Rodriguez.

Family members drove Rodriguez to the Valley Medical Center after he suffered an attack of his chronic schizophrenia. When he resisted treatment, however, police pinned him to the ground and stunned him with a Taser, reportedly four times.

Rodriguez died within the hour, the fifth person to have died in the city after being shocked by police since San Jose issued Tasers to officers in 2004.

According to the human rights organization, Amnesty International, deaths like Rodriquez happen too often to be freak accidents.

An Amnesty International report titled "USA: Less than lethal?" records 334 people have died after being stunned by Tasers in the U.S. between 2001 and August 2008, including 55 in California and 52 in Florida.

"Tasers are not the 'non-lethal' weapons they are portrayed to be," said Angela Wright, author of the report. "They can kill and should only be used as a last resort."

Proponents of Tasers, however, disagree that the devices pose any serious health threat. Deputy Dan Deering, a Taser trainer for Michigan's Jackson County Sheriff's Office – which began using the weapons in the fall – told the Jackson Citizen Patriot that there are "stacks and stacks" of medical documents backing the Taser's safety.

"Tasers generate a lot of volts, but not a lot of amps," Deering told the newspaper. "It's not the volts that kill you, it's the amps."

Police also testify that the weapons reduce injuries to both officers and suspects, and that even the threat of a Taser's excruciating pain is often a sufficient deterrent.

In Howard County, Md., which lies between Baltimore and Washigton, police spokeswoman Sherry Llewellyn told the Baltimore Examiner, "We've actually only had to discharge the devices about once a month because simply having the weapon displayed is enough to get suspects to comply."

Critics worry, however, that the very confidence police officers have in Tasers causes them to underestimate their potentially lethal power.

"We're seeing more fatalities following their use," American Civil Liberties Union attorney Peter Bibring told the Mercury News, "and it raises questions about whether they are as safe as the manufacturer claims."

Southern Christian Leadership Conference President Charles Steele Jr. questions the plan to equip Atlanta's police officers with the stun guns.

"What the problem has been," Steele told the Atlanta Journal-Constitution, "is that people who've been given permission to use them … say, 'Oh, it's not a real weapon to a large degree, and I'm going to use this gun without thinking of the ramifications."

And while the Taser company, the Associated Press reports, maintains that the devices cannot kill, the increasing use of the stun guns – and the increasing number of deaths connected to their use – is starting to draw critics in both the courtroom and the laboratory.

In June, the San Jose Mercury News reports, a federal jury found Taser International partly responsible for the 2005 death of Robert C. Heston, whom Salinas, Calif., police jolted repeatedly during an arrest. According to California Lawyer magazine, the verdict was the company's first courtroom loss after 70 dismissals and settlements.

And while the Amnesty International report did concede that most of the 334 deaths it recorded were attributed to other medical factors such as drug intoxication, the report cited that coroners have concluded Taser shocks did indeed cause or contribute to at least 50 of the deaths.

A study done by researchers commissioned by the Canadian Broadcasting Corporation and reported by the Associated Press also concluded that over time, Tasers can begin to malfunction and fire with up to 50 percent more power than their manufactured limits. Further, the study found, even stun guns firing at expected electrical levels carry some risk of inducing cardiac arrest.

"Scientists who had evaluated the Taser to start with said, 'Well, there's zero probability of death.' I'm sure that's not the case," Pierre Savard, co-author of the study, told The Arizona Republic. "I'm 100 percent certain that cardiac diseases increase the risk of death after receiving Taser shock. I think there's enough scientific evidence for that."

Taser International, the AP reports, called the study flawed.

"Regardless of whether or not the anomaly (high-firing guns) is accurate," Taser Vice President Steve Tuttle said, "it has no bearing on safety."

"Independent medical and scientific experts have determined TASER devices to be a safer use-of-force option compared to traditional use-of-force tools," asserts the company's website. "Field studies have reaffirmed the life-saving value of TASER devices."

I expect a global recession and a severe one throughout 2009, says Roubini

By Aline van Duyn

The following is an edited transcript from a video interview with Nouriel Roubini, professor of economics at the Stern School of Business, New York University. His dire economic predictions have earned him the name "Dr. Doom".

Question: What's in store for 2009?

Answer: It is going to be a year of economic stagnation and recession for most of the global economy with deflationary pressures... I expect a global recession and a severe one.

Q: So you think next year will probably be the worst year?

A: Yes. I see a recession throughout 2009 ... and maybe there will be return to positive growth by 2010.

Q: What other policy actions do you think need to be taken?

A: Well, part of the answer is the degree of these policy actions. For example, in the US monetary policy right now is very aggressive ... I believe the ECB [European Central Bank] is behind the curve ... But also on top of everything else I think that we have to recapitalise financial institutions much faster, more aggressively in the US. We also need a plan to reduce the debt burden of households that are now distressed and bankrupt.

Q: So it is going to cost the taxpayer a lot more?

A: The fiscal deficit in the US is going to be huge; at least $1,000 billion (Dh3,673 billion) in 2010; another $1,000 billion in 2011.

Q: Is there a risk that the capitalist system doesn't recover from this shock?

A: We are going to avoid the Great Depression and a severe recession even if there is a risk of protracted slow economic growth. So I don't think this is the end of capitalism ... but it suggests that really there are significant market failures, that markets don't self-regulate each other.

Q: Are you advising the future Obama administration?

A: I am not directly advising the administration. I am, of course, in touch with a number of members in the economic team.

Q: What could be the next shoe to drop?

A: There are many of them. I think the process of deleveraging is going to continue. You could have a thousand, if not more, hedge funds going bust all at the same time.

Another source of stress is emerging market economies. There are about a dozen of them that are on the verge of a potential financial crisis: Latvia, Estonia, Lithuania, Hungary, Bulgaria, Romania, Turkey, Ukraine in emerging Europe ... Pakistan, Indonesia or [South] Korea in Asia. Places like Ecuador that just defaulted. Argentina and Venezuela in Latin America. Some of these countries could get in trouble and there could be contagious effects to other financial markets in other emerging markets. This credit loss is going to spread from mortgages to commercial real estate, to credit cards, to auto loans, to leverage loans, to industrial and commercial loans ... There are many sources of financial stress.

Q: What is your outlook for the dollar?

A: There are different forces. In recent months the dollar was strengthening, partly because there was this flight to safety. Of course, also the bleak economic outlook in Japan and Europe implied the relative interest rates are becoming less bearish for the dollar, but looking ahead I see a dollar weakness. I see dollar weakness because effectively the Fed is easing money like crazy.

Q: What is the outlook for markets?

A: I see another 15 to 20 per cent downside risk for US and global equities because in the next few months macro news and earnings news is going to be much worse than expected ... I don't see this as being the bottom of the market. There is a bear market rally but, like the previous ones, it is going to fizzle out.

So I am concerned about equities, I am concerned about credit, I am concerned about commodities falling another 15-20 per cent given a severe recession. I am still concerned about emerging market asset classes. I think that cash and cash-like instruments such as safe government bonds are still the safer bet. Down the line towards the end of 2009, if we see the light at the end of the tunnel of economic recovery maybe it is time to go back into risky assets.

Russian Hackers Wreak Havoc in the West

By Tudor Vieru


Chinese hackers are not far behind


As most of the international community focuses its attention on drug traffic, cyber-crime is becoming increasingly aggressive, and the number of Internet attacks, be they through denial-of-service, spam, malicious software or viruses, is constantly going up. Hackers in Russia and China are mainly behind these attacks, considering that their level of computer knowledge is highly developed. Young students from Moscow's technical universities are approached by hackers, and join crime groups. They stand to gain between 5,000 and 7,000 dollars per month, as opposed to the average Russian’s salary of $640.

"The damage from cyber attack is real. Ineffective cybersecurity, and attacks on our informational infrastructure in an increasingly competitive international environment, undercut U.S. strength and put the nation at risk," said a report forwarded to Congress by a commission. The paper advocates the creation of a special branch at the White House, designed to protect the American cyber-space from attacks coming from other governments or individuals.

The report also cites the fact that intellectual rights infringements, caused by hackers in the last year alone amount to several billion dollars. The State Department reportedly lost thousands of gigabytes of data to hackers, as did Homeland Security, which reported that numerous files, belonging to the strategically-important Transportation Security Administration – which deals, among other things, with airport security nationwide – were also scanned and attacked repeatedly, sometimes several hundred thousand times per day.

According to international estimates, cyber-criminals have developed an underground market worth more than $100 billion yearly. In Moscow and Beijing, sleek luxury cars can be seen roaming the streets, driven by people below the age of 30. Although the evidence is there, Russian authorities say that they have very few resources available for fighting the hackers, who use rogue Internet providers to channel their attacks through.

"Why should I take a regular job after graduating and exert myself to earn just $2,000 a month, rather than grab this chance to make money? It makes sense to get as much as you can, as quickly as possible, rather than wasting time working for someone else," argues a Russian hacker, who has an anonymous account on a cyber-crime forum, specialized in credit card fraud.

Terror Threat In London Severe - Highest Level Since 9/11

Security chiefs in London are extremely concerned that Israel’s actions in Palestine will provoke a furious response by Islamic extremists based in the UK, with 4,000 active terrorists identified by a former head of the Met.

With the death toll in Gaza reaching 340 London has been put on a “high state of alert” following the violent clashes outside of the Israeli Embassy in Kensington and the worrying statistic that 4,000 terrorism suspects are active in the UK.

Lord Stevens the head of the Met disclosed the figure that up to 4,000 terrorism suspects are active in the UK, and stated that police and MI5 were “still too under funded and undermanned to cope with the task they face in the decades to come. And that’s how long this will last.”

Security chiefs in London are concerned that the escalation of violence in Gaza with the prospects of a ground offensive by the IDF could provoke a violent response by Arab and Muslim Londoners with minority elements influenced by Al-Qaeda plotting reprisal attacks in London.

MI5 have outlined the possible security threats posed by Al Qaeda:

Explosive devices

These can be delivered to their targets in vehicles, by post or by a person. Currently an explosive device within a vehicle is the most prevalent means of attack. Unlike the Provisional IRA, who also used this method, Al Qaida networks often seek to ensure that their target is hit by employing a suicide operative within the vehicle to detonate the device at the required moment.

Suicide bombers are also deployed to carry an explosive device into the vicinity of a target individual or location. On some occasions the terrorists decide, as they did in the Madrid commuter train attacks in March 2004, to detonate their devices remotely, so that they can go on to perpetrate further attacks.”

Shootings

Al Qaida have orchestrated a campaign of shootings and close quarter attacks targeted against Westerners in Saudi Arabia and Iraq. Most recently, on 6 December 2004, gunmen mounted an assault on the US consulate in the Saudi city of Jeddah, in which five of the consulate staff and four of the attackers were killed. Al Qaida claimed responsibility for this attack. In Europe, an extremist shot dead the Dutch film maker Theo van Gogh in Amsterdam in November 2004.

Kidnappings

There has been an increase in the number of kidnappings taking place, especially in Iraq and Afghanistan. The kidnapping of UK citizen Kenneth Bigley in Iraq in September 2004 resulted in his murder.

Surface to air missiles

An unsuccessful missile attack was attempted on an Israeli charter plane departing from Mombasa, Kenya, in November 2002. Similar attacks have been carried out in recent months against coalition aircraft in Iraq.

Chemical, biological and radiological CBR devices

To date, no such attacks have taken place in the UK. Alternative methods of attack, such as explosive devices, are more reliable, safer and easier for terrorists to acquire or use. Nevertheless, it is possible that Al Qaida and some other associated networks may seek to use chemical, biological or radiological material against the West. Usama bin Laden has referred to such devices on several occasions. In November 2001, he said that “if America used chemical or nuclear weapons against us, then we may retort with chemical and nuclear weapons. We have the weapons as a deterrent”.

In a June 2002 article, Al Qaida spokesman Sulaiman Abu Gaith also said “it is our right to fight [the Americans] with chemical and biological weapons”.

In April 2005, Kamel Bourgass, an Algerian with known links to Al Qaida, was convicted of plotting to manufacture and spread poisons, including ricin, in the UK.

Teaching Economics

by Walter E. Williams

Many professors, mostly on the liberal side of the political spectrum, use their classrooms to proselytize students. I have taught economics for the past 40 years and challenge anyone to find even one student, among the thousands who went through my classes, who can say, "Professor Williams used his class to proselytize students." While acceptable at most universities, it is nothing less than academic dishonesty to do so. Like others I have my own values and opinions, such as those expressed in some of my nationally syndicated columns, but they never become a part of classroom discussion.

Learning how to think straight, as opposed to what values and opinions to hold, is the crucial part of education. Part of that learning is to be able to understand the distinction between subjective statements, for which there are no commonly accepted standards of proof, and positive statements for which there are. For example, the statement "Scientists cannot spit the atom" is a positive statement because if there's any disagreement, there are facts to which we can appeal to settle the disagreement. Just visit Stanford's linear accelerator and watch them do it. By contrast, the statement "Scientists should not spit the atom" is a subjective statement. There are no facts to which we can appeal to settle any disagreement. Disagreement can go on forever. A fairly good proxy for whether a statement is subjective is the presence of words such as should and ought. This lesson is closed by telling students that it is not being suggested that they purge their vocabulary of subjective terms such as should and ought because they are excellent tools to trick others into doing what you want them to do. However, in the process of tricking others, one need not trick himself.

A related lesson is dealing with terms such as better and best and worse. This lesson might be approached by my asking students which is the best system for resource allocation: capitalist, socialist or communist? After several fall for my bait, I tell them that the correct response is to tell me it's a nonsense question. It is akin to asking their physics professor: Which is the best state: a liquid, gaseous, solid or plasma state? However, if the physics professor were asked: Which is the cheapest state to nail a nail into a board? He could answer the question and probably say that it is the solid state. Going back to the question about capitalism versus socialism and communism, asking which system maximizes personal liberty and societal wealth, the answer would be capitalism, at least here on Earth.

Another pitfall to straight thinking is sometimes called the cause and effect fallacy. That fallacy is made when a person sees event B coming on the heels of event A and then says A caused B. There may no causal relationship at all. Such is the case when the rooster crows and shortly thereafter the sun rises. That is easy to see but many historians assert that the 1929 stock market crash caused the 1930s Great Depression. Little is further from the truth. Instead, it was caused by inept fiscal, monetary and regulatory policies of the Hoover and Roosevelt administrations.

There are a number of other pitfalls to straight thinking that I lecture on as introductory material before we begin to explore economic theory. I tell students that if they hear me say something subjective, without my having prefaced it with "in my opinion," they are to raise their hand and tell me that they took my class to learn economics and not to be indoctrinated with my values. Personally, I want students to share my values that personal liberty, along with free markets, is morally superior to other forms of human organization. The most effective means to accomplish that goal is to give them the tools to be tough, rigorous, hard-minded thinkers and they will probably reach the same conclusions as I have.