When the New York Federal Reserve began pumping billions of dollars a day into the repurchasing (repo) markets (the market banks use to make short-term loans to each other) in September, they said this would only be necessary for a few weeks. Yet, last Wednesday,...
Perpetual war and aggressive interventionism have become the hallmark of Republican foreign policy. But war is not a conservative thing. Last month, I saw somebody assert unironically and in complete seriousness that Californians need to reelect Rep. Maxine Waters...
The US Constitution never granted the federal government authority to create a central bank. The Founders, having lived through hyperinflation themselves, understood that government should never have a printing press at its disposal. But from the very beginning...
The Treasury Department released new budget deficit numbers this week, and with two months still to go in the fiscal year, 2019's budget deficit is the highest its been since the US was still being flooded with fiscal stimulus dollars back in 2012. As of July 2019,...
The New York Times podcast took a tour of Europe as only this show can do, with astonishing production values and depth of insight. It provided a fresh look at a creeping but dramatic shift in the shape of European politics. In Italy, Hungary, France, Germany, and...
Hollywood has a clever way of distorting our perspective on history, and a great example of this is Western film – a movie genre we've all come to love. Cattle rustlers, guns blazing, outlaws running loose, and vigilantes dishing out vengeance indiscriminately. These...
In most schools – public and private – children are brainwashed into believing that the federal government is not only benevolent, but that it protects the individual’s life, liberty, property, and pursuit of happiness. Though that was the original intention of the...
A recent federal court ruling found it unconstitutional for the Selective Service to require only men to register for the draft. An injunction did not accompany the ruling, meaning that there will be not be any immediate changes to the Selective Service rules. A...
