ex-California Senator Barbara Boxer: "DHS was a mistake, I regret voting for it! I never imagined a President like Trump when I voted to create The Department Of Homeland Security." But, where were the libertarians? Why didn't they speak up. We are right were we...
budget

2021 NDAA: Another Massive War Budget
by Kyle Anzalone | Jul 24, 2020 | Conflicts of Interest
On FPF #522, I discuss the 2021 National Defense Authorization Act. The House has passed its version of the bill. The NDAA gives the Pentagon $740 billion and a black check for more war. One small victory is Tulsi’s requirement to study sanctions. The Senate also...

News Roundup 7/23/20
by Kyle Anzalone | Jul 23, 2020 | News Roundup
US News Ohio State House Speaker Larry Householder was arrested in a massive corruption scheme to get bailouts for failing nuclear power plants. [Link] Trump announces the expansion of Operation Legend. The operation is the deployment of federal police to cities...

News Roundup 7/22/20
by Kyle Anzalone | Jul 22, 2020 | News Roundup
US News Twitter bans thousands of “Qanon” accounts and calls the movement dangerous. Twitter will work to suppress any “Qanon” tweets. [Link] The Pentagon will restrict the release of unclassified information. [Link] The Space Force and Air Force introduced a new...
Economic Disaster: Deficit Skyrockets As Unemployment Freezes
by Ryan McMaken | Jul 18, 2020 | Economics, Featured Articles
New tax revenue data released by the Treasury Department on Monday shows that tax revenue further worsened in June (compared year over year) from May's already cratering total. On the plus side, neither May nor June has returned to April's historic plunge in revenue....
June Was One of the Most Expensive Months On Record
by Michael Maharrey | Jul 16, 2020 | Economics, Featured Articles
The federal budget deficit in the month of June totaled nearly the entire 2019 fiscal year shortfall and would rank sixth largest-ever if it were a yearly deficit. The June deficit came in at $864.1 billion dollars, according to the latest Treasury Department report....
Glenn Greenwald On The Coalition Of Pro-War Democrats And Republicans
by Steven Woskow | Jul 11, 2020 | Blog
Glenn Greenwald at The Intercept: How The Armed Services Committee, In The Middle Of A Pandemic, Approved A Huge Military Budget And More War In Afghanistan. For anyone that needs a reminder of what Democrats (and some Republicans) were saying about V.P. Dick Cheney...
A Rebuke of ‘Modern Monetary Theory’
by Robert Murphy | Jun 25, 2020 | Economics, Featured Articles
[Review of Stephanie Kelton, The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy (New York: PublicAffairs, 2020).] I’ve got good news and bad news. The good news is that Stephanie Kelton—economics professor at Stony Brook and advisor to the...
Blog
The Steady Rise in Living Standards
"The history of capitalism as it has operated in the last two hundred years in the realm of Western civilization is the record of a steady rise in the wage earners’ standard of living. The inherent mark of capitalism is that it is mass production for mass consumption...
Pentagon Acquisition: Rotten From Head to Toe
The pattern is a revolving door of deliberate insider trading and influence by hiring retiring flag officers with active Rolodexes to be exploited in bent bidding and shadowy acquisition practices in an already sclerotic and gummed-up acquisition system that can't...
The Business of America: War, War, War!
Sachs mentions Timber Sycamore which was a classified weapons supply and training program run by the CIA and supported by the United Kingdom and some Arab intelligence services, including Saudi intelligence. The aim of the program was to remove Syrian president Bashar...
Mises on Wages under Capitalism
"While daily experience taught impressively that under capitalism real wage rates and the wage earners’ standard of living were steadily rising, while it became from day to day more obvious that the traditional walls separating the various strata of the population...
Anti-War Blog – Do They Really Know It’s Christmas?
Every year as the end of December crawls near, the spirit of Christmas grips those sometimes Christians, even atheists join in and celebrate it as a cultural habit and the true believers further confirm their faith. The spirit of celebration is one of joy, community,...
Winter Reading
Libertarian Institute Director Scott Horton’s new book is shaking things up and making a stir all at once. Provoked: How Washington Started The New Cold War With Russia And The Catastrophe In Ukraine is a read it and weep. Or, for the War Party hacks, don’t read it;...
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