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Congress and the Fed Refuse to Learn From Their Mistakes
September 28, 2015
This month marks the seventh anniversary of the bursting of the housing bubble and the subsequent economic meltdown. The mood in Congress following the meltdown resembled the panicked atmosphere that followed the September 11th attacks. As was the case after Se ...
'Thieves Emporium': Part 12 – FEMA Death Certificates
September 27, 2015
Synopsis: Nairobi Bombay, a blogger for an anonymous Internet site, is investigating reports that unusually large numbers of people are dying in the new homeless camps. Meanwhile, Dancing Fawn also uses anonymous Internet links in an attempt to track down her m ...
'Production Versus Plunder' Part 26 – The Natural Progress of Things
September 26, 2015
"The natural progress of things," Thomas Jefferson once wrote, "is for liberty to yield and for government to gain ground." Today we'll see how this process began in Europe, and one of the first steps in the evolution of European law. THE GUILDS Medieval guilds ...
The Pope without a Country
September 25, 2015
We do not know what Pope Francis and President Obama discussed during their 45-minute private Oval Office meeting this week. It would be nice if he heard Obama's confession, but they would likely have needed more time. Their conversation, whatever it was, will ...
The Economics of Hillary Clinton
September 25, 2015
In a recent Labor Day speech to union workers in Illinois, Hillary Clinton declared that if she is elected president of the United States, she would make sure that “some employers go to jail for wage theft and all the other abuses they engage in.” Her incen ...
Innovation is No Excuse!
September 24, 2015
Bitcoin promoters who long for recognition got their wish last week. It is not an official currency, nor is it likely to become one. The cryptocurrency is an official commodity, though. Whether this is good news remains to be seen. The designation resulted from ...
Canine Lives Matter
September 24, 2015
A seven-year old story that occurred in Prince George's County, Maryland, has stuck in my mind more firmly than any other as an example of the indiscriminate barbarism that can happen at the hands of the police state's knuckle-draggers. The story is this: A pa ...
Breaking News: Governments Lie!
September 23, 2015
The story we excerpt today is almost two years old. The topic, U.S. drone strikes in Pakistan, is interesting but what it reveals about governmental deception is even more so. Bob Woodward of the Washington Post obtained top-secret documents detailing CIA drone ...
The Crisis of the Now: Distracted and Diverted from the Ever-Encroaching Police State
September 23, 2015
Caught up in the spectacle of the forthcoming 2016 presidential elections, Americans (never very good when it comes to long-term memory) have not only largely forgotten last year’s hullabaloo over militarized police, police shootings of unarmed citizens, asse ...
Corporate Democracy Doesn't Work, Either
September 22, 2015
We all know that the various forms of democratic governance don't work nearly as well as advertised. Representatives usually turn corrupt in short order, no matter how the people select them. They devolve into oligarchy under a democratic façade. The same is t ...
Low Interest Rates Cannot Perpetuate a House of Cards
September 22, 2015
When is the price of some marketable good or service at or near zero? When either the supply of it is so plentiful that virtually any demand, no matter how great, can be satisfied or when no matter how large or small the supply of it may be, people's demand for ...
Texas Police Are Alarmingly Sensitive
September 21, 2015
Last week's much-publicized and completely unnecessary arrest of young Ahmed Mohamed brought to light an alarmingly (pun intended) broad Texas law against so-called "hoax bombs." The statute is an open invitation for police to detain anyone for anything. In Tex ...
Blame America? No, Blame Neocons!
September 21, 2015
Is the current refugee crisis gripping the European Union "all America's fault"? That is how my critique of US foreign policy was characterized in a recent interview on the Fox Business Channel. I do not blame the host for making this claim, but I think it is i ...
'Thieves Emporium': Part 11 – The Emporium
September 20, 2015
Synopsis: Dancing Fawn, an abandoned mother with few options, has discovered a little piece of cyberspace where all communications are anonymous and untraceable. After setting up a business there, she decides to explore a bit and maybe find out why the place is ...
'Production Versus Plunder' Part 25 – Europeans See to It Themselves
September 19, 2015
It is a striking fact that as central power increases, human initiative decreases. (Regulation forbids adaptation.) When private actions are punished, fewer of them are seen. Individual initiative, however, stands at the base of human progress. We need more of ...
Apple to DOJ: Sorry, No Can Do
September 18, 2015
Relations between the U.S. technology industry and federal law enforcement look less cordial every day. This summer saw FBI Director James Comey begging them to believe he is not a maniac for demanding back-door access to private customer data. Now Microsoft is ...
Vote with Your Feet: Free States Are Happier and Richer
September 18, 2015
The greater the economic freedom, the wealthier and happier the people. From minimum-wage laws to higher progressive taxation to greater unionization to larger welfare programs to more regulation, left liberals demand a stronger and more economically active cen ...
Why Not More 9/11 Attacks?
September 17, 2015
Each year on Dec. 7, ceremonies occur to mark the 1941 surprise Japanese attack on Pearl Harbor. Each year the memorials get less attention as those who actually saw the event pass away. Will Sept. 11 also lose its hold on our collective memories someday? Proba ...
Capitalism and the Future of Liberty
September 17, 2015
Capitalism is the engine of a society's prosperity. It remains mostly hidden, unnoticed, but attacked and reviled when attention is focused on it as a result of some scandal. But what drives this hostility toward capitalism? To clarify: What drives the hostilit ...
NYPD Sings the Blues
September 16, 2015
Yet again, the public is seeing video of a police-citizen encounter gone wrong. Retired tennis star James Blake, whom everyone agrees was guilty of absolutely nothing, was nevertheless tackled and handcuffed by an NYPD officer with a history of using excessive ...
school boy arrested
Public School Students Are the New Inmates in the American Police State
September 16, 2015
In the American police state, you’re either a prisoner (shackled, controlled, monitored, ordered about, limited in what you can do and say, your life not your own) or a prison bureaucrat (police officer, judge, jailer, spy, profiteer, etc.). Indeed, at a time ...
Guilty of Thought Crimes
September 15, 2015
Any American, regardless of age and ancestry, who flies to Turkey in hopes of joining the Islamic State has made a terrible choice. He or she is taking a road that leads nowhere good. On the other hand, anyone who has parented teenagers learns to expect bad cho ...
Austrian Economics and the Time for Monetary Freedom
September 15, 2015
For over a decade, now, the American economy has been on an economic rollercoaster, of an economic boom between 2003 and 2008, followed by a severe economic downturn, and with a historically slow and weak recovery starting in 2009 up to the present. Before the ...
Crony Capitalism to Blame Not Free Markets
September 14, 2015
The writer for Germany-based Spiegel rightly notes the increasing wealth concentration in the United States in recent decades. The rich are indeed getting richer, while many in the bottom 99% struggle to make ends meet. He veers off course, however, by blaming ...
Congress Fiddles While the Economy Burns
September 14, 2015
Reports that the official unemployment rate has fallen to 5.1 percent may appear to vindicate the policies of easy money, corporate bailouts, and increased government spending. However, even the mainstream media has acknowledged that the official numbers unders ...
'Thieves Emporium': Part 10 – Raided!
September 13, 2015
Synopsis: Dancing Fawn has decided to use a hidden area of the Internet to support herself and her twin daughters. She knows any activity she engages in there will probably be illegal, but she must take the chance. Her children are worth the risk. What she does ...
'Production Versus Plunder' Part 24 – The Centuries of Reset
September 12, 2015
Failed civilizations require surprisingly long periods of time to reset. During these periods, power devolves and legitimacy – the belief that it is right for us to serve rulers – falls apart. Resetting legitimacy is ultimately more critical than restoring ...
Brownshirts Rising?
September 11, 2015
Political mavens tell us polls are mostly meaningless this long before an election. I certainly hope so. As Jeffrey Tucker says in today's excerpt, the current data point to a seriously problematic outcome next November. Nascent authoritarianism has long simmer ...
9/11 Fourteen Years Later
September 11, 2015
Millions of refugees from Washington's wars are currently over-running Europe. Washington's 14-year and ongoing slaughter of Muslims and destruction of their countries are war crimes for which the US government's official 9/11 conspiracy theory was the catalyst ...
Democracy Minus Voters
September 10, 2015
The phrase "to carefully gerrymander" is more than just a split infinitive. It is apparently a legally permissible activity in Missouri. The Business Loop 70 Community Improvement District tried its best to make sure no annoying voters could stop its new taxes, ...
The Immorality of Eating Steak and Why I Acknowledge Your Right to Eat It
September 10, 2015
Being humble or even productively self-critical isn't fashionable. People groundlessly and publicly proclaiming, "I'm the greatest" or "Nobody is as smart as me" seems commonplace today. When people hold differing opinions, I have noticed many people "listen" t ...
Chris Christie Thinks Inside the Box
September 09, 2015
The presidential race is already entering silly season. Wisconsin Gov. Scott Walker wants to build a wall spanning the U.S.–Canada border. Do we have a problem with Canadians sneaking into the United States to take our coffee and donuts? No, of course not. Ca ...
‘Give Me Liberty or Give Me Death’: The Loss of Our Freedoms in the Wake of 9/11
September 09, 2015
“Since mankind’s dawn, a handful of oppressors have accepted the responsibility over our lives that we should have accepted for ourselves. By doing so, they took our power. By doing nothing, we gave it away. We’ve seen where their way leads, through camps ...
ISIS Goes on Gold Standard?
September 08, 2015
Islamic State militants may be crazed killers, but at least some of them are taking an interest in the evil that underlies modern banking. They claim the group will soon issue gold coins as its medium of exchange. In compliance with sharia, the new dinars will ...
The Human Cost of Socialism in Power
September 08, 2015
The attempt to establish a comprehensive socialist system in many parts of the world over the last one hundred years has been one of the cruelest and most brutal episodes in human history. Some historians have estimated that as many as 200 million people may ha ...
Rubio's Selective Religious Freedom
September 07, 2015
Civil disobedience in defense of individual rights can be noble and effective, but its success usually depends of the view of the evaluator. People defend disobedience when they agree with its goal. Senator Rubio defends the Kentucky county clerk who says that ...
The Real Refugee Problem – And How To Solve It
September 07, 2015
Last week Europe saw one of its worst crises in decades. Tens of thousands of migrants entered the European Union via Hungary, demanding passage to their hoped-for final destination, Germany. While the media focuses on the human tragedy of so many people uproot ...
'Thieves Emporium': Part 9 – Death in a Camp
September 06, 2015
While Dancing Fawn considers how to make a living in the hidden area of the Internet and Joshua Weidemeyer catches counterfeiters who work there, another resident of that 'new badlands' continues her clandestine life. Although the lone woman seemed to be sittin ...
'Production Versus Plunder' Part 23 – Western Civilization Forms
September 05, 2015
Western civilization is poorly understood, aside from vague images and the thought that it is "what we have." This civilization, in danger of being centralized to death by the current ruling regimes, has been unique and valuable. We really should understand it ...
Homeland Security Busts the Rentboys
September 04, 2015
Government officials including FBI Director James Comey and NSA Director Admiral Mike Rogers frequently demand greater investigative powers. They justify it by highlighting – some would say hyping – terrorist threats from ISIL and other radical groups. To s ...
The Jury as Liberty's Shield
September 04, 2015
It's no secret that government absolutely loathes juries. They are an obstacle, an encumbrance to greater power, and government sidesteps the jury trial any chance it gets. But a jury trial is our right as American citizens, for now, and government has to deal ...
The Rise of the Inhumanes
September 04, 2015
America's descent into totalitarian violence is accelerating. Like the Bush regime, the Obama regime has a penchant for rewarding Justice (sic) Department officials who trample all over the Constitution. Last year America's first black president nominated David ...
Will Your Car Obey You or the Police?
September 03, 2015
Our view of civil rights has to evolve as technology changes our lives. More often than not, the changes are for the worse. Fifty years ago, could the police enter your home without a warrant and review your family photos for criminal evidence? No, and they sti ...
Camp of the Apocalypse
September 03, 2015
"The West is empty, even if it has not yet become really aware of it. An extraordinarily inventive civilization, surely the only one capable of meeting the challenges of the third millennium, the West has no soul left. At every level – nations, races, culture ...
How Shoddy Science Creates Big Government
September 02, 2015
Many non-scientists hold a romanticized view of scientific research. We think it is very black and white, with scientists rigorously searching for measurable evidence, and happily conceding when experiments prove a hypothesis wrong. In fact, scientists are as h ...
Sheep Led to the Slaughter: The Muzzling of Free Speech in America
September 02, 2015
“If the freedom of speech be taken away, then dumb and silent we may be led, like sheep to the slaughter.”—George Washington The architects of the American police state must think we’re idiots. With every passing day, we’re being moved further down th ...
Prepare To Be Droned, America
September 01, 2015
The technology that lets unmanned U.S. drones blow up alleged "enemy combatants" in the Middle East is coming home. U.S. police departments, which already embraced drones for surveillance purposes, now want to deploy weapons on them. North Dakota's legislature ...
'Great National Purposes' Means Less Freedom
September 01, 2015
With the seventieth anniversary this year of the end of the Second World War, a number of commentators have focused on the presumed "unity" of America seven decades ago to "win the war" against global tyranny and international aggression by Nazi Germany and Imp ...
What is Your Computer Hiding From You?
August 31, 2015
A good question arose in the comments to our Thursday story about U.S. border agents searching and seizing laptop computers. Can't people simply store their data on the cloud to keep it safely from government hands? Let's think this through. Say you have a few ...
Blame the Federal Reserve, Not China, for Stock Market Crash
August 31, 2015
Following Monday's historic stock market downturn, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose "solutions" to our economic woes. Not surprisingly, most of those commenting not only f ...
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