By DICK ARMEY

• The liberal pundits who embraced the candidacy of Barack Obama are also eager to issue a death certificate for free market capitalism. They're wrong, and they remind me of what the great Willie Nelson once said: "I'm ragged but I'm right."

To be sure, the American people have handed power over to the Democrats. But today there is a categorical difference between what Republicans stand for and the principles of individual freedom. Parties are all about getting people elected to political office; and the practice of politics too often takes the form of professional juvenile delinquency: short-sighted and self-centered.
This was certainly true of the Bush presidency. Too often the policy agenda was determined by short-sighted political considerations and an abiding fear that the public simply would not understand limited government and expanded individual freedoms. How else do we explain "compassionate conservatism," No Child Left Behind, the Medicare drug benefit and the most dramatic growth in federal spending since LBJ's Great Society?
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