EDITORIAL Showing 1151 - 1200 of 1920
Another Plea For More Statism!
July 26, 2012
I recently read Zadie Smith's essay, "North West London Blues," in The New York Review of Books, and found it an insulting, devious, and roundabout way of trying to justify statism. The quote from the late Tony Judt tells it all. Here is what he said: "We have ...
Change Your Brain with Your Mind: Overcome Obsessions and Compulsions
July 25, 2012
Obsessive Compulsive Disorder (OCD) is a painful, debilitating and embarrassing psychological condition. Howard Hughes is a famous sufferer of OCD, and because he had the means to indulge his compulsive habits, they grew in strength, expanded in scope to an ext ...
Security and Self-Governance
July 24, 2012
The senseless and horrific killings last week at a movie theater in Colorado reminded Americans that life is fragile and beautiful, and we should not take family, friends, and loved ones for granted. Our prayers go out to the injured victims and the families of ...
What's the Fuss About those Uniforms?
July 23, 2012
Senate Majority Leader Reid expressed outrage about the fact that the uniforms American athletes were going to wear at the opening ceremonies for this summer's Olympics in London, UK, were manufactured in China. No, he wasn't complaining because the places wher ...
The Cost of the Left-wing's Ongoing Vendetta Against Reagan
July 23, 2012
What causes some people to feel compelled to make uninformed digs at President Reagan? Is it just that they are brainwashed or, if they are thoughtful people, just too involved with other matters to be well informed about Reagan? How many of the digs at Reagan ...
What Is the Real Reason for Doyle's Letter Blasting the IMF?
July 21, 2012
A senior economist for the International Monetary Fund, Peter Doyle, has merely reaffirmed what is evident and obvious about the IMF ... that it is not a proactive organization when it comes to defusing global financial crises. Here's a question, however. Doyle ...
Who is Responsible for What You Do?
July 20, 2012
"He didn't invent iron ore and blast furnaces, did he?" "Who?" "Rearden. He didn't invent smelting and chemistry and air compression. He couldn't have invented his Metal but for thousands and thousands of other people. His Metal! Why does he think it's his? Why ...
Warren's Non Sequitur Revisited
July 20, 2012
This column addresses President Obama's fallacious reasoning about property rights. I wrote it a few months ago (updated here) when Elizabeth Warren (Massachusetts candidate for the US Senate), said, "There is nobody in this country who got rich on his own. Nob ...
The Libor Scandal In Full Perspective
July 20, 2012
The [previous] article about the Libor scandal, coauthored with Nomi Prins, received much attention, with Internet repostings, foreign translation, and video interviews. To further clarify the situation, this article brings to the forefront implications that mi ...
Jobs From Forced Charity – The Socialist Way
July 19, 2012
It appears, based on the economic philosophy he has been outlining in recent weeks, that President Obama believes that jobs based on economic transactions, exchanges, trade and so forth do not matter, have no significance. This has a very serious foundation, to ...
Stress and Happiness
July 18, 2012
The Merriam-Webster Dictionary defines stress as: "1) A force exerted when one body or body part presses on, pulls on, pushes against, or tends to compress or twist another body or body part; especially the intensity of this mutual force commonly expressed in p ...
Inflation is a Monetary Phenomenon
July 17, 2012
Later this month Congress will have an unprecedented opportunity to force the Federal Reserve to provide meaningful transparency to lawmakers and taxpayers. HR 459, my bill known as "Audit the Fed," is scheduled for a vote before the full Congress in July. More ...
War On All Fronts
July 17, 2012
The Russian government has finally caught on that its political opposition is being financed by the US taxpayer-funded National Endowment for Democracy and other CIA/State Department fronts in an attempt to subvert the Russian government and install an American ...
Constitutional Anomalies
July 16, 2012
As a lay student of the law, it has always struck me odd that in the US system the First Amendment to the Constitution exempts the ministry and journalism from government regulation while it appears to accept the regulation by all levels of government of numero ...
Economist Mag Scribes Happy That America is 'Coming Back' – But I Am Not So Sure
July 14, 2012
This is a really irritating article, and that's saying something considering it appears in The Economist magazine, which is regularly obnoxious on a variety of fronts. Of course The Economist is fun to read and is erudite and self-consciously witty. Its owners ...
Obama's Immigration Machinations
July 12, 2012
Not for a moment do I buy that President Obama has suddenly grasped the plight of illegal immigrant children. For one, he is on record declaring that the law ties his hands about the matter – that he cannot act unilaterally, or so he said in a widely availabl ...
The Final Executive Order: Death of the Republic
July 10, 2012
This is a fictional story showing how the last vestiges of the republic, your personal wealth and gold could disappear in 24 hours. "The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becom ...
Fractional Reserve Banking, Government and Moral Hazard
July 10, 2012
Last week my subcommittee held a hearing on fractional reserve banking and the moral hazard created by government (taxpayer) insured deposits. Fractional reserve banking is the practice by which banks accept deposits but only keep a fraction of those deposits o ...
Whose Life is it Anyway?
July 09, 2012
There was a movie with this title some time ago, starring Richard Dreyfuss, that had to do with whether a person has the right to end his or her own life. If one has a right to one's life, that choice is surely one's own. Having rights has to do with freedom or ...
Who is on the Wrong Side of History?
July 07, 2012
Because of the Internet's success, numerous attempts have been made to weaken it and make it less of a problem for the power elite that it is inconveniencing and exposing. We call the process the Internet Reformation and we're creating a society to formalize su ...
Build a Growth Mindset
July 06, 2012
When you think of what you do in your life, how do you think of yourself? If you think thoughts such as, "I'm intelligent," or "I'm talented," or "I'm a failure," you're thinking of yourself in terms of traits. Traits are fixed qualities that do not change much ...
Markets and Generosity
July 05, 2012
A frequent though quite unjustified charge against free markets is that they encourage what Karl Marx called the cash nexus or, as it is also put, commodification, treating people as items for sale. The claim is that when people engage in commerce, they are har ...
An American Declaration of Independence From Big Government
July 04, 2012
The Declaration of Independence, signed by members of the Continental Congress on July 4, 1776, is the founding document of the American experiment in free government. What is too often forgotten is that what the Founding Fathers argued against in the Declarati ...
Audit the Fed Headed for the House Floor!
July 03, 2012
Last week supporters of Federal Reserve transparency had a major victory when the House Committee on Government Oversight and Reform passed my Audit the Fed bill, HR 459 unanimously with all major audit provisions intact. This clears the way for a House floor v ...
My Fourth of July Reflections
July 02, 2012
For some people the Fourth of July is the most important holiday in America. Sadly, not for all, especially not just now when most of the leadership of the country has made it clear that principles do not matter. What matters is what is expedient or practical, ...
Memento Mori …
June 30, 2012
Sometimes you find yourself in a quiet place and ask yourself questions. Here are some of mine. What if someone set up a society that would first and foremost offer a path to promote self-reliance strategies and positive expectations about life and living? What ...
Gigantic Global Money Supply Expansion Underway
June 28, 2012
We are amidst an economic phase of volatility and sequential recessions followed by quasi-recoveries. We have titled this overall economic scenario a "Reflationary Debt Trap." I expect this scenario to hold for the coming months. In my view, European leaders wi ...
Anticipated Reasoning by the Court
June 28, 2012
A few weeks ago I wrote in one of my columns as follows: "...[T]he discussion of President Obama's federal policy requiring that everyone obtain health insurance has frequently focused on the fact that either an employer or individual would be forced to obtain ...
No Risk, No Fun, No Freedom
June 27, 2012
Those of us over about age 30 can remember the days before America was (at least less of) a Nanny State. Some friends of ours just got back from a mission trip to Tijuana, Mexico. They brought their kids to a park there to play, and saw all the equipment that i ...
Government is Already Too Involved in Healthcare
June 26, 2012
This week the Supreme Court is expected to issue its long-awaited decision regarding the constitutionality of the "Obamacare" law. I recently discussed absurd legal arguments by Obamacare advocates that Congress can compel the purchase of health insurance, and ...
The Distortions Never Went Away
June 25, 2012
I have been reading into Herbert Croly's The Promise of American Life (1909). Croly was the founder of The New Republic, which has remained a foremost middle way publication on the American political scene, a champion of the welfare state, of a half way between ...
Hey, Thanks For All You Do … We Wouldn't Have a Website Without It!
June 23, 2012
Thank you, O mighty State, for protecting us ... Thank you, O mighty Central Bankers, for continuing to create piles of monopoly money to fuel the State's efforts ... And special thanks also to the major media conglomerates who continue to assist their readers ...
The Real Scoop on Public Service Unions – Part II
June 21, 2012
In many states of the country, including California, there is a crisis brewing in the public service employment region. No longer are public service employees expected to be motivated by service, as distinct from their private sector colleagues who are pretty m ...
A Market Alternative to Psychotherapy
June 20, 2012
Psychotherapy, done well, can be a great help to people who need it. For a wide range of psychological symptoms and troubles, or for dealing with a certain range of relationship issues, some time spent with a good psychologist or counselor can be extremely valu ...
Unconstitutional Uses of Drones Must Stop
June 19, 2012
Last week I joined several of my colleagues in sending a letter to President Obama requesting clarification of his criteria for the lethal use of drones overseas. Administration officials assure us that a "high degree of confidence" is required that the person ...
An Ominous Greece Parallel: The 1930s and the EU Today
June 19, 2012
"The Euro Titanic has now hit the iceberg and sadly there simply aren't enough lifeboats." – Nigel Farage, United Kingdom Independence Party Another Greek election and an uncertain outcome will likely continue the corrupt status quo in Greece. The Greek polit ...
The Real Scoop on Public Service Unions – Part I
June 18, 2012
In the wake of Governor Scott Walker's survival of a recall vote, initiated by friends of Wisconsin's public service unions, let's explore again just why such unions are perverse. Bona fide labor unions work within a free-market system where firms compete for c ...
UN Plans to Expand the Phony Water Crisis … 'Smart Water Meters' on the Way
June 16, 2012
UN-Water Survey Examines Water Law Reform ... Twenty years ago this June world leaders gathered in Rio de Janeiro for an Earth Summit to develop an action plan for sustainable development. They discussed a wide variety of topics including climate change, altern ...
Is Commerce Decent?
June 14, 2012
It is not a waste of time to revisit the topic of business bashing, especially in light of President Obama's current attacks on wealth creation. He says he prefers job creation, as if the latter were possible without the former. (Well, in a tyrannical system it ...
Worry Less
June 13, 2012
Have you spent more time worrying over the last few years? I know I have. There is plenty to worry about, what with fascism growing, the economy shrinking, the world becoming more dangerous and the media and education establishments in full-on propaganda mode f ...
The CBO Sees the Economic Cliff Ahead
June 12, 2012
Last week the Congressional Budget Office (CBO) issued its annual long-term budget outlook report, and the 2012 numbers are not promising. In fact, the CBO estimates that federal debt will rise to 70% of GDP by the end of the year - the highest percentage since ...
Wealth Versus Job Creation
June 11, 2012
"When you're president, as opposed to the head of a private equity firm, your job is not simply to maximize profits," said president Obama recently. He added, "Your job is to figure out how everybody in the country has a fair shot. Your job is to think about th ...
Hey, Rand Paul … Welcome to the Internet Reformation
June 09, 2012
Rand Paul keeps making news – bombshell after bombshell. Just yesterday, CNN recently ran an article quoting Rand Paul as saying "it would be a great honor to be considered as a vice president for the Republican Party. I think that would be something that any ...
John Maynard Keynes: A Vision for the Future or a Ghost from the Past?
June 08, 2012
The current economic crisis that has engulfed the United States and much of the rest of the world over the last few years, has seen a dramatic revival in the economic ideas and policy prescriptions of the most famous British economist of the 20th century, John ...
Did '96 Bill Force People to Work?
June 07, 2012
As The New York Times would put it, when in 1996 "President Bill Clinton delivered on his pledge to 'end welfare as we know it'...he signed into law a bill forcing recipients to work and imposing a five-year limit on cash assistance." Back then this supposedly ...
Life Lived in the Active Voice
June 06, 2012
If you are a writer and you want to write boring passages that are meaningless to your readers, the best way to go about this is to write in the passive voice: sentences with no clear actor, actions with ambiguous authors. "The car ran off the road." "The food ...
War Drums for Syria?
June 05, 2012
War drums are beating again in Washington. This time Syria is in the crosshairs after a massacre there last week left more than 100 dead. As might be expected from an administration with an announced policy of "regime change" in Syria, the reaction was to blame ...
Seattle, America's Europe?
June 04, 2012
On a recent trip to Seattle, which I visit on and off quite a lot, I found the place to have just the kind of feel I have experienced in Stockholm and Oslo and in cities, big and small, throughout Austria and Switzerland. The main places in the city are very cl ...
Bloomberg's Slippery Slope
June 02, 2012
New York City Mayor Michael Bloomberg is at it again. Not content with attacking cigarette smokers and "transfats," he's now making it impossible for people to order large-size sugary sodas. If people want to drink lots of sugary soda, they'll have to purchase ...
Sandel's Distortions
May 31, 2012
Some people lie without any hesitation. To bring lies to print, however, you need more than liars – you need editors who want the lies to circulate, good and hard. Harvard University political theorist Michael J. Sandel is well known as a critic of the Americ ...
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