Over at Reason, Elizabeth Nolan Brown and the gang, including LP chairman Nick Sarwark and libertarian-leaning independent congressman Justin Amash, are of course opposing the government's massive bailout of their corrupt cronies: After a day of performative fussing...
CIA
Amid COVID-19 Outbreak, Arrests Plummet, Departments Close and Chaos Does NOT Ensue
As TFTP reported last week, prisons across the country are facing potential massive outbreaks inside their walls and are being forced to make the decision to release non-violent offenders to stave off catastrophe. Thousands of non-violent prisoners have been released...
No Bailouts
That adroit member of the British Parliament Enoch Powell once said that “the supreme function of statesmanship is to provide against preventable evils.” This duty, incumbent upon politicians endowed with wisdom, is made difficult because “by the very order of things...
Australian War Criminals
Australia has a proud military history, even before it was a federation in 1901 it had sent men abroad in service of Empire. Still a new nation while the British fought bitterly against the Boers in South Africa, the Australian military identity was slowly forged in...
3/23/20 David Stockman on the Mother of all Financial Bubbles
Scott talks to David Stockman about the fate of the economy after the coronavirus-induced shutdown and the multi-trillion dollar bailouts being undertaken by the U.S. government. Stockman is much more concerned about the economic ramifications than about the virus...
The Fed’s Massive Injection of ‘Liquidity’ Also Benefits Uncle Sam
There’s a lot to be said regarding the Fed’s surprise announcements—including its Sunday surprise of $700 billion in renewed QE and the complete elimination of all reserve requirements for banks—but here let me just focus on one element: the tendency for Fed officials...
Now, We Get Local. Now The World Gets Real
"Reality is that which when we stop believing in it doesn't go away." - Philip K. Dick In March of 2003, we broke ground on the first real thing I ever built, the house I currently live in. Then I understood that there was only one way this economic and political...
Why We Need Free Markets To Fight Pandemics
The natural response in the face of a pandemic like the one we are experiencing today with COVID-19 is to take immediate and direct action to curb the crisis. We are told we need to have extensive quarantines, citywide lockdowns, and shelter-in-place orders. We...
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