EDITORIAL Showing 901 - 950 of 1900
Messing with the Bull
February 09, 2013
With the announcement this week of its massive $5 billion lawsuit against ratings agency Standard & Poor's, the Federal Government took a bold step to squelch any remaining independence of thought or action in the financial services industry. Given the circumst ...
My Vigilant Ethical Egoism
February 07, 2013
When I was in my late teens I discovered Ayn Rand, in particular her novel The Fountainhead. Actually I ran across her when I appeared in a theater group's rendition of her play, The Night of January 16th, at Andrews Air Force Base but her significance hadn't d ...
Investing In a World of Make Believe
February 07, 2013
In recent years, a high degree of economic, financial and political uncertainty has resulted in acute volatility in stocks, real estate, commodities and precious metals. I believe that another aggravating factor has been the increasing skepticism through which ...
policestate1
Immigration 'Reform' Will Turn the US into a Police State
February 05, 2013
Whenever the federal government decides to reform something we can be fairly sure that the problem is about to get worse, especially if they call the plan bi-partisan. The bi-partisan immigration reform proposal launched last week in the US Senate will be no di ...
Revolving Zombies
February 05, 2013
The defining characteristic of a zombified system is the way it hands out its rewards. In an honest economy, people do their best. They work hard. They take their chances. Some prevail because they are productive. Others are just lucky. The chips fall where the ...
The Democratic Ideal
February 04, 2013
In this essay I wish to revisit democracy since all the power that our current administration is claiming for itself is supposedly justified by way of the democratic method. But, in fact, only a properly limited democracy is politically just and justified. Demo ...
stocksup
Stocks Over 14,000 – Too Good to Be True?
February 02, 2013
The Dow Jones industrial average has crossed 14,000 and the US mainstream media is celebrating. Presumably the powers-that-be expect that short memories shall convince US consumers that the nation is back on track. It's part of a larger dominant social theme, I ...
The Biggest Loser
February 02, 2013
In Switzerland, it's not just the clocks that are cuckoo. Over the past four years Swiss politicians and central bankers have gone on an unprecedented buying spree of foreign exchange reserves. In 2012, their cache swelled to as much as $420 billion worth of va ...
A Misesian Century
February 01, 2013
In December it will be 100 years since Congress authorized the creation of the Federal Reserve System. Throughout that century the Fed has enjoyed broad bipartisan support. That's another way of saying the Fed never appeared on the political radar until Ron Pau ...
On Rape and Pragmatism
January 31, 2013
Something not often noted in the discussion of rape across the globe is that in an age that prizes pragmatism as opposed to firm principles of conduct, even rape can be excused based on the expected benefit to the rapist versus injury to the victim. If one does ...
In Amerika Law No Longer Exists: The Extermination of Truth
January 31, 2013
In the 21st century Americans have experienced an extraordinary collapse in the rule of law and in their constitutional protections. Today American citizens, once a free people protected by law, can be assassinated and detained in prison indefinitely without an ...
EU Financial Tax Portends Loss of Market Leadership
January 30, 2013
Although it was barely noticed by the American press, on January 22nd, EU finance ministers approved a new "Financial Transactions Tax" (FTT) that has implications for market competitiveness around the world. The move was conceived as a Franco-German initiative ...
What is the Reputation You'd Like to Earn With Yourself?
January 30, 2013
When you get to know people, you are, in part, building a reputation with each other. "What kind of person is he?" "How does she handle a difficult situation?" "What kind of attitude does he bring to his work?" "How does she respond to confrontation or adversit ...
US Action in Mali is Another Undeclared War
January 29, 2013
President Obama last week began his second term by promising that "a decade of war is now ending." As he spoke, the US military was rapidly working its way into another war, this time in the impoverished African country of Mali. As far as we know, the US is onl ...
goback
Axiom 3: Back to the Articles of Confederation as America's Central Government
January 29, 2013
Americans demanding a return to limited government, a balanced budget and an end to spiraling sovereign debt have been voting for the GOP for decades and the result has been total failure on all counts. To accomplish these goals we really must turn the governme ...
Obama's Macabre Politics
January 28, 2013
Over the last few weeks, indeed since his victory at the polls, I have been listening to President Obama's speeches quite regularly. I wasn't surprised one bit at his ready exploitation of the Connecticut school shooting. As one of his hacks, Rahm Emanuel, said ...
speaker
Economics of Thuggery?
January 26, 2013
Bloomberg provides us with an article – "Contagion Thesis Once Derided Proven by Kristin Forbes" – profiling Ms. Forbes in a fulsome manner. She is obviously the mainstream's latest economic celebrity. This is an interesting phenomenon, in fact, where econo ...
Virtue's Reflection
January 25, 2013
The reflection that you provide for others has a greater impact than you might know. When a person looks inward, exploring his or her thoughts, feelings, motivations, or values, we call it self-reflection. What we compare our actions to when we self-reflect are ...
The Statists' Continued Folly!
January 24, 2013
Paul Krugman has a regular column in The Times and can discuss what he chooses to discuss so why is he fussing, as he did in a December column, that others have other topics they wish to discuss not the ones he likes? Must we all take the lead of Krugman? What ...
Ambrose Evans–Pritchard Beats About the Bush
January 23, 2013
To argue with Ambrose Evans-Pritchard is risky. He is well-informed, he has travelled much, writes well and has a sharp intellect. Yet I must affirm that he is mistaken in some of the opinions expressed in his recent article at The Telegraph, "A new Gold Standa ...
questions2
German Gold Claw Back Causes Concern
January 23, 2013
Last week the Bundesbank (the German central bank) surprised markets around the world by announcing that it will repatriate a sizable portion of its gold bullion reserves held in France and the United States. To many, the news from the world's second largest ho ...
The Coming Debt Limit Drama: Government Wins, We Lose
January 22, 2013
Last week President Obama bluntly warned Congress that he will not negotiate when it comes to raising the statutory debt limit. If Republicans attempt to use a debt ceiling vote to win concessions on spending from the White House, Mr. Obama threatens simply to ...
The Nature of American Politics
January 21, 2013
So few grasp this that it's embarrassing. The political purpose of America, as made pretty clear by the Founders and the Declaration of Independence, was to secure for the people a country in which they can be free as they could be in the state of nature only a ...
France and the UK Could Be the Lynchpins of Europe
January 19, 2013
Over the past two months, Europe's problems seem to have disappeared from the headlines. However, the new French Socialist government is pushing ahead with policies that favor significantly higher government spending, greater regulation of business and commerce ...
The Pitfalls of Public Spheres
January 17, 2013
"Each fancies that no harm will come to his neglect..." – Thucydides Everyone has an incentive to use resources freely available to all... but none has a corresponding incentive to conserve or replenish the resources. Parcels privately held are better cared f ...
The Trillion Dollar Trick
January 16, 2013
The birth, and the apparent death, of the trillion dollar platinum coin idea may one day be recalled as a mere footnote in the current debt crisis drama. The ultimate rejection of the idea (which was to use a loophole in commemorative coinage law to mint a plat ...
Attack On Sovereignty
January 16, 2013
Those concerned about "The New World Order" speak as if the United States is coming under the control of an outside conspiratorial force. In fact, it is the US that is the New World Order. That is what the American unipolar world, about which China, Russia and ...
On Obama's New National Security Team, Keep Your Eye on the Policy
January 15, 2013
President Obama announced his choices for key national security posts this past week, and there has been both celebration and gnashing of teeth in Washington and around the country. There is widespread belief that either or both of these nominees will have an i ...
humanaction
Axiom 2: Promote Human Action and Free-Market Thinking
January 15, 2013
How To Restore the West: Axiom 2 "Human action is purposeful behavior." – Ludwig von Mises. Contrary to politically correct elite propaganda and indoctrination, only a small percentage of the population has the capability and desire to initiate purposeful in ...
My Recent Kafkaesque Experience
January 14, 2013
It may not be the kind of experience many others have had other than at the Department of Motor Vehicles but I recently went through one that brought to mind Franz Kafka. I have been trying to refinance my house for months but my bank, Wells Fargo, refused to e ...
greatidea
The Trillion Dollar Coin Is a Great Idea!
January 12, 2013
SF Gate explained in a recent editorial that the "'trillion dollar coin' idea is worthless." But, of course, it's not. It's a great idea! I'll tell you why in a minute. The SF Gate editorial gives us the background. "The idea of a 'trillion-dollar coin' came fr ...
Coming Clean Beyond the Fiscal Cliff
January 12, 2013
"Information is the hardest currency." ~ Andrew Vachss Washington's negotiations to address the fiscal cliff of automatic tax increases and spending cuts legislatively triggered at the close of 2012 are the latest in an ongoing effort to address increasing U.S. ...
Phony vs. Earned Self-Esteem
January 11, 2013
A study by Jean Twenge of San Diego State University, published in the current issue of Social Psychological and Personality Science, is getting a lot of news this week. Twenge found that college kids today are more likely to call themselves gifted and driven t ...
Why Honor Politicians?
January 10, 2013
Once, when my son was in elementary school, they had some kind of special event celebrating the achievements of various students – I can't recall just what the festivities were all about. What I do recall vividly is that the principal had invited a local poli ...
Inflation Propaganda Exposed
January 10, 2013
Economists who hold the popular view that expanding the money supply will provide the best medicine for our ailing economy dismiss the inflationary concerns of monetary hawks, like me, by pointing to the supposedly low inflation that has occurred during the cur ...
Zombie Nation
January 08, 2013
Creating and sustaining a nation of zombies is expensive. Large sections of the US population have been turned into zombies. Retirees. Medicare dependents. Food stamp recipients. Disabled people. They are not necessarily bad people. They are not necessarily dis ...
Washington's Hegemonic Ambitions Are Not in Sync With Its Faltering Economy
January 08, 2013
In November the largest chunk of new jobs came from retail and wholesale trade. Businesses gearing up for Christmas sales added 65,700 jobs or 45% of November's 146,000 jobs gain. With December sales a disappointment, these jobs are likely to reverse when the J ...
Taxes versus Revenues: Leslie Stahl's Malpractice
January 07, 2013
As I reach old age I shield myself from unpleasant television as much as I can. Of course, in order to stay apprised of events I cannot afford to skip all of what is irritating but given all the repetition, I have managed to reduce exposure to much that's bad f ...
advance
Axiom 1: Advance Individual and Regional Sovereignty Over Elite and Global Governance Control
January 07, 2013
Advance Individual and Regional Sovereignty Over Elite and Global Governance Control - Fascism is the system of government that cartelizes the private sector, centrally plans the economy to subsidize producers, exalts the police State as the source of order, ...
multinational
Are Multinationals Good Citizens?
January 05, 2013
Business Insider has published an interesting article, "Why The World's Most Sustainable Company Publishes CO2 Emissions Next To Its Earnings." It's part of a sponsored "Future of Business" series, which examines how "cutting-edge technologies are rapidly resha ...
Culture, Integrity and Questioning Authority
January 04, 2013
If you want to have your strongest and most positive impact on your culture, the way to do it is to live with integrity – meaning that you know your principles and you live by them and speak from them. There are solitary creatures like pandas and bumblebees a ...
A Note on Socialism as Elitism
January 03, 2013
Since ancient times some people have considered the market place an unruly forum in which to determine whose work and what commodities are worth how much. With Marxism this view acquired a pseudo-scientific status. The complaint that when free individuals and g ...
Rothbard and Money
January 03, 2013
The scholarly contributions of Murray N. Rothbard span numerous disciplines, and may be found in dozens of books and thousands of articles. But even if we confine ourselves to the topic of money, the subject of this volume, we still find his contributions copio ...
top10
What We Can Expect: Ten Top Elite Memes for 2013
January 01, 2013
What a year it's been, marked mainly by increasing worldwide chaos, senseless wars and economic upheaval, all leading inevitably to increased "chaos" out of which shiny, new global government can be born – along with new, more global currencies. The top elite ...
shiningcity
How To Restore the West
December 31, 2012
By any political, cultural or economic measure the nations of the West are in total decline. The historic virtues of hard work, free-market thinking and a common cultural integrity as well as religious and historical principles are gone. They have been subverte ...
Obama and Ayn Rand
December 31, 2012
In a November 8, 2012 interview in Rolling Stone magazine President Obama was asked about what he thinks of Republican VP Candidate Paul Ryan's (admittedly limited) respect for Russian-American novelist-philosopher Ayn Rand. (It is limited because when Mr. Ryan ...
New Year's Resolutions for Congress
December 31, 2012
As I prepare to retire from Congress, I'd like to suggest a few New Year's resolutions for my colleagues to consider. For the sake of liberty, peace and prosperity I certainly hope more members of Congress consider the strict libertarian constitutional approach ...
slap
The Invisible Hand Strikes Back
December 29, 2012
Bloomberg has posted an article entitled "Americans Miss $200 Billion [by] Abandoning Stocks" that is presumably supposed to illustrate the folly of avoiding equities but in my view merely illustrates the difficulty of sustaining this meme. And make no mistake, ...
The Erosion of Our Freedom
December 27, 2012
Often when I argue that governments must not violate our rights – they are supposed to be unalienable, after all – statists have a ready retort: Government is already violating them, good and hard, all over the place. Recently I pointed out that imposing fi ...
Republican Sellout Invites Stagflation
December 26, 2012
While it may not be a surprise that the Republicans are preparing to yield on their vow to oppose tax hikes, it should raise investor concerns the world over that an upcoming budget agreement will likely involve a Congressional surrender of its authority to set ...
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