US News A Mississippi man was arrested, and police failed to confiscate his phone. He later asked one of his jailers to charge his phone. He was then charged with a crime for possessing a phone in jail. He was later convicted of the crime, and a judge sentenced him to...
NSA
Subprime Loans Will Be Back with a Vengeance in 2020
by Andrew Moran | Jan 14, 2020 | Economics, Featured Articles, Libertarianism
One of the lasting legacies of the economic collapse a decade ago is subprime. After lying dormant for several years in the aftermath of the Great Recession, the subprime market has returned with a vengeance. Everything is subprime nowadays, as banks, finance...
News Roundup 1/14/20
by Kyle Anzalone | Jan 14, 2020 | News Roundup
US News The US places sanctions on seven Venezuelans. [Link] The US Army plans to deploy two specialized task forces to the Pacific capable of conducting information, electronic, cyber, and missile operations against China. The task forces will be deployed over the...
Where were all the Constitution’s defenders when the feds raised the smoking age?
by Rob Natelson | Jan 10, 2020 | Featured Articles, Libertarianism
On December 20, President Trump signed legislation purporting to impose a single national age of 21 for selling tobacco products. Obviously, the measure reduces the freedom of millions of Americans who are legally adults in almost every other respect—including...
Two Sets of 100 yr Periods in American History — Each Guided by Completely Opposite Ideas
by Chris Rossini | Jan 9, 2020 | Featured Articles, Libertarianism
The great Austrian economist Ludwig Von Mises wrote: "History is a struggle between two principles, the peaceful principle, which advances the development of trade, and the militarist-imperialist principle, which interprets human society not as a friendly division of...
Maximum Failure: Trump’s Convulsive North Korea Strategy Can’t Bring Kim to the Table
by Kyle Anzalone and Will Porter | Jan 9, 2020 | Featured Articles, Foreign Policy
Through a combination of myopic diplomacy and disastrous personnel picks, President Donald Trump has wasted a chance to fundamentally remake US relations with North Korea, throwing away a “Nixon goes to China” moment in exchange for a confused “maximum pressure”...
Black America Before LBJ: How the Welfare State Inadvertently Helped Ruin Black Communities
by Sam Jacobs | Jan 9, 2020 | Criminal Justice, Economics, Events, Politics
The dust has settled and the evidence is in: The 1960s Great Society and War on Poverty programs of President Lyndon Baines Johnson (LBJ) have been a colossal and giant failure. One might make the argument that social welfare programs are the moral path for a modern...
Sen. Mike Lee Will Support War Powers Resolution Regarding Iran
by Scott Horton | Jan 8, 2020 | Blog
Because of the insane briefing that Pompeo and them gave to the Senate. .@SenMikeLee : "It is not acceptable for officials within the executive branch of government…to come in and tell us that we can't debate and discuss the appropriateness of military intervention...
Blog
6 Hours of Scott Horton: On with Smith, Murphy, Woods & Russell
Scott's been making the libertarian podcast rounds with our friends Dave Smith – the very failed comedian – the great economist and successful comedian (on Twitter) Bob Murphy, historian and email marketing master Tom Woods, and Clint Russell of the Liberty Lockdown...
Restricting Production
"At the bottom of the interventionist argument there is always the idea that the government or the state is an entity outside and above the social process of production, that it owns something which is not derived from taxing its subjects, and that it can spend this...
Ford Follies: The Carrier Grift That Just Keeps Giving
Stop building these things. Even the corporate/access defense media is starting to sound the alarm bells on the multi-billion carrier fiasco that is the USS Ford which is probably causing plenty of public relations professionals in the Navy to go apoplectic. As my...
“Capitalism” Is about Freedom, Not Capital
"Why 'capitalism'? Words have an unfortunate tendency to confuse. Free market capitalism is not really about capital, it is about handing control of the economy from the top to billions of independent consumers, entrepreneurs and workers, and allowing them to make...
Ticonderoga Leaves the Fleet: The US Surface Navy Continues to Shrink
The US Navy surface fleet continues to shrink. And every surface hull commissioned after the Arleigh Burke class in 1991 has been a failure. The Chinese Navy exceeds the US Navy in total warships deployed. What makes this even more astonishing is that the Chinese...
US Forces Booted Out of Niger
2024 is the end of the ten year lease after expending $110 million to build and $30 million a year to maintain the base. The French forces were booted in October 2023. American troops are leaving now and the German troops will leave in September. The military regimes...
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