In announcing its latest round of sanctions on Iran, Washington once again declared Yemen’s Houthi movement a “proxy” of the Islamic Republic, but recent statements from US officials – including Trump’s top Iran envoy – finally put the lie to that worn out talking...
ISIS
Fed Paper Admits Federal Reserve Policies Can Lead to “Economic Ruin”
The national debt crossed the $23 trillion mark in November. When you include unfunded liabilities in the equation, the real debt number comes in at over $126 trillion. But even when confronted with this staggering number, most people just shrug. America has been...
When The Illusions Are Shattered
Whenever you see a big government, or worse, a big government that sets out to be an empire, you know that people have messed up -- BIG TIME! The wrong road has been taken. Big government politicians (and everyone that believes them) have to inhale and exhale a...
News Roundup 12/5/19
US News A US sailor killed two civilians Department of Defense employees before killing himself at the Pearl Harbor Shipyard. [Link] The New York Times publishes drawings by CIA torture victim Abu Zubaydah of the abuse inflicted on him. [Link] The Mexican President...
Only Markets Can Alleviate Drug Shortages
The American Heart Association finds that over 1 million heart attacks occur in the United States every year. Fourteen percent of all heart attacks are fatal. Many heart attacks and other cardiovascular issues result from heart disease, which is even more common (and...
News Roundup 12/4/19
US News Texas is seeking the death penalty against a man who killed someone breaking into his home. The intruder was a SWAT team member in a no-knock raid. The police only found a glass pipe and grinder. [Link] The Navy awards General Dynamics with three-quarters of a...
NATO Is a Mess. It Is Time to End the Outdated Alliance.
On FPF #425, I explain why NATO should be dissolved. NATO leaders are meeting in London and there are plenty of issues among the members. Turkey is recently purchased Russian made air defense systems and is refusing to sign off on defense plans unless other countries...
The Boom Is Worse than the Bust
The popularity of inflation and credit expansion, the ultimate source of the repeated attempts to render people prosperous by credit expansion, and thus the cause of the cyclical fluctuations of business, manifests itself clearly in the customary terminology. The boom...
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