Every government in human history has eventually collapsed. Even Plato recognized this inevitability and theorized the average State lifespan was around 300 years. Must it be this way? Is it avoidable? Sadly, I don’t believe so. There is no resolution for the Paradox...
budget
The Fed’s Big Flub Up
What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies—the neocons’ promotion of perpetual war and the Fed's manipulation of the money supply—are complete failures, having produced the opposite of the promised...
News Roundup 10/22/21
US News The NIH admits to funding research - through EcoHealth - in China that matches the definition of gain of function research. [Link] School enrollment decreased by 3 million students during the first year of the Covid outbreak. [Link] Senate Democrats are...
Texas Is Not Free: A Case of Civil Asset Forfeiture
On May 14, 2019, Ameal Woods drove from rural Mississippi to Houston with $42,300 in cash. He was ready to achieve a major goal he and his wife had worked, saved and borrowed for: Purchasing a second semi truck for the fledgling trucking business he operated with his...
News Roundup 10/13/21
US News A judge denied a Texas police officer qualified immunity after the officer removed a 14-year-old child from her home because she was alone. The child's mother was charged with felony abandonment, a jury found her not guilty. She is now suing the officer that...
What We Have to Gain from a National Default
The Biden administration's rhetoric on the debt ceiling has become nothing short of apocalyptic. The Treasury Department has announced that a failure to increase the debt ceiling "would have catastrophic economic consequences" and would, as NBC news claims, constitute...
The Best Speech I Never Gave
Prices convey information, even the price of zero. There is often more latent intelligence signaled by prices than by the claimed good intentions of political zealots—even those on the side of peace and liberty. On the fifth anniversary of the 9/11 attacks, I tromped...
Raising the Debt Ceiling Is Raising Your Taxes
With Thursday’s passage of a continuing resolution that funds government operations until December 3rd, Congress dodged one fiscal cliff, but a bigger one looms ahead. The federal government has maxed out its credit, and if Congress doesn’t raise the statutory debt...
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