EDITORIAL Showing 851 - 900 of 1900
porchlight
I'm Keeping the Lights on for Earth Hour
March 23, 2013
US News tells us that libertarians want to "keep the lights on" for the current Earth Hour. Earth Hour is a worldwide event organized by the World Wildlife Fund (WWF), "encouraging households and businesses to turn off their non-essential lights from 8:30 p.m. ...
Cyprus Lifts the Curtain
March 22, 2013
This week financial analysts, economists, politicians, and bank depositors from around the world were outraged that European leaders, more specifically the Germans, currently calling many of the shots in Brussels and Frankfurt, could be so politically reckless, ...
How to Be Smarter Than Your Mutual Fund Manager
March 21, 2013
Earlier this month, the Financial Post published an article entitled, "Five Things You Should Know Before Buying a Mutual Fund." The article made some good points about mutual funds and how their performance is based, quite naturally, on what is good for the fu ...
A Précis on Libertarianism and Capitalism
March 21, 2013
Libertarianism is the political system wherein the highest political good is the protection of the individual citizen's right to life, liberty and property. Capitalism is the economic system of libertarianism since in libertarian societies the institution of th ...
What is Transparency?
March 21, 2013
This week's Solari Story from Catherine Austin Fitts is titled "What is Transparency?" Here's a bit of the transcript: "To me, transparent is when I can understand it so to me, a transparent financial system is one where I can relate what is happening – I hav ...
Spending Patterns Paint Half Truth
March 20, 2013
On March 13th, the Commerce Department announced a 1.1 percent increase in food and services retail sales, doubling a prior Dow Jones survey of economists that forecast an increase of just 0.6 percent. This new data has led to a fresh wave of enthusiastic comme ...
complexbusiness
The Complexity of Billionaires
March 19, 2013
This weekend I read Forbes' new special edition on billionaires. In his introduction, "They succeed by meeting your needs," Steve Forbes writes: "The overwhelming majority of these people have moved ahead through meeting the needs and wants of other people, not ...
Iraq After Ten Years
March 19, 2013
March 19, 2013. Ten years ago today the Bush regime invaded Iraq. It is known that the justification for the invasion was a packet of lies orchestrated by the neoconservative Bush regime in order to deceive the United Nations and the American people. The US Sec ...
The Congressional Budget Debate Is Just A Sideshow
March 18, 2013
Federal spending once again dominated the debate in Washington last week, as House Republicans and Senate Democrats began work on their ten-year budget plans. Contrary to claims, neither party's budget reduces spending. While the Republican plan increases spend ...
The Soviet Goal in the Cold War
March 18, 2013
For a very long time after I left communist Hungary I have been witnessing how numerous Western "Sovietologists" have been trying to clear the USSR of any responsibility for imperialism and, thus, the Cold War. In the April 2013 issue of Harper's magazine one J ...
endfed
Greenspan Discusses the End of the Fed … What Comes Next?
March 16, 2013
An interesting article in Forbes entitled "If Alan Greenspan Wants To 'End The Fed', Times Must Be Changing," informs us that the predictions we made long ago about the Federal Reserve are coming true. The author of the article is Nathan Lewis, an economist, fo ...
A Few Choice Quotes to Consider*
March 14, 2013
Bannister on Theories: "... the psychologist cannot present a picture of man which patently contradicts his behavior in presenting that picture." From Borger & Cioffi/Bannister, eds., Explanation in the Behavioural Sciences (Cambridge UP, 1970), p. 417. Aristot ...
Federal Finances and Law
March 14, 2013
This week's Solari Story from Catherine Austin Fitts is titled "Federal Finances and Law." Here's a bit of the transcript: "The federal finances are subject to constitutional requirements about how our money's managed. So the Constitution lays out a framework a ...
Staring Armageddon In The Face But Hiding It With Official Lies
March 12, 2013
According to the Bureau of Labor Statistics, the US economy created 236,000 new jobs in February. If you believe that, I have a bridge in Brooklyn that I'll let you have at a good price. Where are these alleged jobs? The BLS says 48,000 were created in construc ...
Revisiting Our Basic Rights
March 11, 2013
Professor Lynn Hunt's recently published book on rights, titled Inventing Human Rights, is filled with a great deal of very useful, important information about the emergence of the idea of basic human, individual rights but it also perpetuates, perhaps entirely ...
Congress, Drones and The Imperial Presidency
March 11, 2013
Last week the US Senate took a break from debating the phony cuts known as "sequestration," for Senator Rand Paul to hold a 13-hour filibuster to force the Obama administration to state whether it believes the President has the right to kill American citizens w ...
Why Central Planning Fails
March 11, 2013
The Dow is still rising. It rose another 125 points yesterday [Marh 5] ... hitting a new record high. Gold is dawdling. We're still thinking about how so many smart people came to believe things that aren't true. Krugman, Stiglitz, Friedman, Bernanke — all se ...
clue
Does Surprising Guardian Article Provide More Clues About Pan-African Investing?
March 09, 2013
An article in the UK Guardian, "Why Bob Geldof is wrong about Africa," caught my attention because – unusually – it argued that the private sector was a good deal more effective at helping people and economies than occasional large doses of publicly adminis ...
Dancing Into the Abyss, Against All Reason
March 08, 2013
"Financial markets are not yet pricing in US over-indebtedness. If they did, the world would be heading towards a 'blood-red abyss'." ~ Professor Laurence J. Kotlikoff Over the past few months, the economies of industrial nations have continued to shrink. The e ...
I've Fired The New York Times
March 07, 2013
For years I subscribed to The New York Times online. Then I took the Sunday Times only for a couple of years but they managed to annoy me nearly as much as the daily edition. (I still have the online version, mainly so that I can check in on the latest balderda ...
Food and Wealth
March 07, 2013
"'Fat, Sick and Nearly Dead' ... in essence shows how 80 percent of America can solve most of their health care problems at very low cost because the thing that is driving health care expenses up is you have a highly controlled, highly governmentalized system ...
Gentlemen, Start Your Presses
March 06, 2013
In his Congressional testimony last week in Washington, Fed Chairman Ben Bernanke took time to downplay the significance of the few dissenting voices on the Fed's Open Market Committee (FOMC). Those statements, combined with an even more dovish statement by Fed ...
The Missing Recovery
March 05, 2013
Officially, since June 2009 the US economy has been undergoing an economic recovery from the December 2007 recession. But where is this recovery? I cannot find it, and neither can millions of unemployed Americans. The recovery exists only in the official measur ...
The Fed's Tightening Pipe Dream
March 05, 2013
Testifying before the US Senate this past Tuesday, Fed Chairman Ben Bernanke made an extraordinary claim about its bloated balance sheet: "We could exit without ever selling by letting it run off." What Bernanke means here is that the Fed could simply hold its ...
The Sequester 'Crisis' And What Should Be Done
March 04, 2013
Despite what the media and politicians would have us believe, the United States did not collapse last Friday when the package of spending reductions known as "sequestration" went into effect. The financial markets hardly blinked, as they have come to be more sk ...
Democracy and Gay Marriages
March 04, 2013
Frankly I have no horse in this race, nothing personal in any case. For my money you may marry your grandmother or cat, if all parties consent. Marriages ought to be a matter of contract and not based on any myth or superstition. Folks should not be interfered ...
US Corporate State
March 04, 2013
It didn't take long for opponents of the market to pounce after the events of 2008. The crash was said to prove how destructive "unregulated capitalism" could be and how dangerous its supporters were – after all, free-marketeers opposed the bailouts, which ha ...
bet2
Bloomberg's Bet
March 02, 2013
Politicker.com recently posted a report on a radio interview by New York Mayor Mike Bloomberg entitled, "Keep Calm and Carry On: Don't Panic About the Sequester." According to the article, Bloomberg stated that the "United States could owe 'an infinite amount o ...
A Close Encounter with Zombiedom
March 01, 2013
Ben Bernanke spoke out on Tuesday, leaving no doubt where he stands on the QE issue. To print or not to print? He hardly seemed to think about it. Instead, he announced himself four-square in favor. If there is to be any prudence or propriety at America's centr ...
Singapore A Wise Owl Among Currency Snakes
February 28, 2013
As China enters the "Year of the Snake," Singapore stands as a beacon of sound currency in a world gone mad. China's renminbi remains pegged to the US dollar, while even steadfast Switzerland has followed the US, UK, EU, and Japan into an impoverishing strategy ...
The Libertarian Public Interest
February 26, 2013
A particularly irksome rhetorical ploy against the free society's champions is that they refuse to acknowledge that there is such a thing as the public interest (or public good or general welfare or some such goal). Critics of these champions routinely wag thei ...
When they came for the Raw Milk drinkers…
February 25, 2013
While I oppose most gun control proposals, there is one group of Americans I do believe should be disarmed: federal agents. The use of force by federal agents to enforce unjust and unconstitutional laws is one of the major, albeit overlooked, threats to liberty ...
action1
And the Antidote to the Great Fiscal and Monetary Crisis Is …
February 23, 2013
"Fiscal trouble ahead for most future retirees." Or so the Washington Post tells us in a recent column explaining why future retirees (Baby Boomers) are headed for considerable trouble. Grim reading, actually. For the first time since the New Deal, a majority o ...
The Pause Button
February 22, 2013
When you're in a situation and you feel like reacting with anger, or fear, or hurt feelings – anything that feels like it's an automatic, purely emotional response – you have a choice as to what to do about it. You can react, or you can choose to do somethi ...
Self-Referential Paternalist Foibles
February 21, 2013
Over the last several years, statists have changed their tune a bit. Instead of advocating Draconian governmental intrusions on people's lives, in the tradition of the Soviets and other unabashed tyrants, they have at least seemingly reformed and changed their ...
blueprint
Axiom 4: A Blueprint To Restore The Articles of Confederation
February 20, 2013
This is the fourth of the "12 Axioms of Freedom Restoration" set forth in my introductory article on this topic, "How to Restore the West." The restoration of America's first and legitimate government will not be a quick or easy task but it is necessary if we a ...
The Drone Threat
February 19, 2013
Last week, senators threatened to put a "hold" on the nomination of John Brennan to be CIA director over his refusal to answer questions about the use of drones to kill Americans on US soil. That the president's nominee to head the agency that has used drones t ...
The Paradigm Shift Dilemma
February 19, 2013
Paradigms are mega-systems of thought that explain certain realms of reality so as to shift mankind toward new visions. For example, mercantilism, Lockean limited government, species evolution, Pasteurian medicine, quantum physics, Keynesian economics and welfa ...
The Pound Gets Pounded
February 19, 2013
As the global currency war intensifies, the majority of attention has been paid to the 17% fall of the Japanese yen against the US dollar over the past few months. The implosion has given cover to the sad performance of another once mighty currency: the British ...
The Republicans' Achilles Heel
February 18, 2013
In a recent Wall Street Journal essay, "Generational Theft Needs to be Arrested," three men advanced some suggestions to Republicans. Their main focus was the need for Republicans to address what they, following others who have chimed in on the topic, have crit ...
Down With the Presidency
February 18, 2013
The modern institution of the presidency is the primary political evil Americans face, and the cause of nearly all our woes. It squanders the national wealth and starts unjust wars against foreign peoples that have never done us any harm. It wrecks our families ...
shine
Will Al Jazeera's Dimming Shed More Light on Elite Middle Eastern Plans?
February 16, 2013
... One and a half years ago, Suliman, 42, re-set his watch to German time, having become disenchanted with Al-Jazeera. And it wasn't just because the broadcaster seemed less interested in reports from Europe. Rather, Suliman had the feeling that he was no long ...
Failure of Leadership
February 15, 2013
Poor Chuck Hagel. Every day, The Wall Street Journal wallops the fellow. He is whacked for not knowing what he is doing ... smacked for not appreciating the threat of a nuclear Iran ... and slapped hard for not bending over quickly enough to kiss neo-con butts. ...
My List
February 14, 2013
Once I learned to read there was no end to it. I used my flashlight to make it possible after I was sent to sleep and my first books were quite a disorderly collection. I read a bunch of historical novels in Hungarian, several about the 160-year-long Turkish oc ...
Practice Works
February 13, 2013
One of the principles of living a happy life is that it takes willpower, it takes discipline and it takes practice in order to live well. This may seem strange if your vision of happiness is ease and momentary pleasure. But ease and momentary pleasure are not w ...
Obama's Expanding Kill List
February 12, 2013
Prosecutors always expand laws far beyond their intent. Attorneys in civil cases do the same. For example, the 1970 Racketeer Influenced and Corrupt Organizations Act was passed in order to make it easier for the government to convict members of the Mafia. Howe ...
Revitalization of the State Militias: Review of Edwin Vieira's 'The Sword and Sovereignty'
February 12, 2013
On April 19, 1775, the battles of Lexington and Concord on the outskirts of Boston ignited the conflict that led to the most momentous political event of man's history – the Declaration of Independence and the birth of America. In the early morning hours of t ...
Arrogance of Power!
February 11, 2013
Just how utterly reliant on sheer power is President Obama can be appreciated from the fact that no one in his administration bothers to defend his policy of confiscating people's resources. Apart from calling upon the phony support of a few super rich folks li ...
Beware The Consequences of Pre-Emptive War
February 11, 2013
Last year more US troops died by suicide than died in combat in Afghanistan. More than 20 percent of military personnel deployed to combat will develop post-traumatic stress disorder (PTSD). Some 32 percent of US soldiers reported depression after deployments. ...
blasted
How the Power of Mainstream Media Blasted Berlusconi
February 09, 2013
Talk about going viral. Paolo Berlusconi supposedly called his football club's latest superstar acquisition, Mario Balotelli, a "a house ni--er" at a political rally and this was a quote heard round the world. If you haven't read about it you either live in the ...
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