spending

The Fed’s Rate Hike Is a Shot in the Dark

Powell Testimony 2018 (42753534974)

The Federal Reserve’s Federal Open Market Committee (FOMC) today announced an increase of 75 basis points to the target federal funds rate, raising the rate to 1.75% from 1%. June’s meeting today was the third meeting this year at which the FOMC has raised rates. Coming into the March meeting this year, however, the FOMC had not raised the target rate since March of 2020, even though price inflation began to accelerate during the second half of 2021. Today’s 75-basis-point increase is the largest increase since late 1994 when the FOMC raised the target rate from 4.75% to 5.5%. Notably,...

News Roundup 6/3/2022

Assange A Spanish court summons former CIA Director Mike Pompeo to testify about the agency’s plan to kidnap and assassinate Julian Assange. [Link] Germany Germany will buy 60 Boeing Chinook heavy-lift helicopters from Germany for $4 billion. [Link] Russia The US announces a new round of sanctions on Russia. [Link] The US is carrying out offensive cyber operations against Russia in support of Ukraine. [Link] NATO will push its members to meet the 2% minimum requirement of spending 2% of GDP on defense. [Link] Zelensky says Russia controls 20% of Ukraine. [Link] Russia holds war games in...

The Need to Act

pexels victor freitas 841130

It’s hard not to fall into patterns. While some routines may be for the better, habits develop because they may be easier, comfortable. After weeks, months, or perhaps decades of neglect and self destructive behavior, a cycle can develop because of these bad practices. A promise is made that they will fix and recover, improve from their circumstances and rise from the ashes, ascending to heights of utopian glory...only to return to the habits that first inspired such a declaration (though each time it will be different). Ignoring the reality of accident and injury, for the purpose of the...

Sen. Cruz, Gen. Milley, Zelensky Say Ukraine Is Vital to National Security

cruzzelmilley

As the costs of supporting Ukraine’s war effort soar well beyond $50 billion, high-level officials are seeking to sell Americans on even more military spending, with senators, generals and the Ukrainian president himself each insisting aid to Kiev is vital to American interests, amid rampant inflation, mounting shortages and monumental public debt in the US.

Press Release: Survivors of Israel’s Strike on USS Liberty Commemorate 55th Year

Survivors and of the brutal Israeli military attack against the American communications vessel U.S.S. Liberty will gather at Arlington National Cemetery in Washington D.C. on June 8 to commemorate the memories of 34 Americans who were killed and host a 55 year reunion at the Holiday Inn Arlington, Virginia on June 6-9. While patrolling in international waters in the Eastern Mediterranean Sea, the USS Liberty (AGTR-5) was savagely attacked without warning or justification by air and naval forces of the State of Israel. Of a crew of 294 officers and men, including three civilians, 34 crew...

This Is Who Will Build the Roads

pexels pixabay 38537

A common counter-argument to many libertarian principles goes something along the lines of, “Without the government, who will build to roads?" Almost everyone who has tried to debate libertarian ideology will encounter this argument at some point. In the minds of many statists, economic services that are almost ubiquitously provided by the government in the United States and elsewhere could not possibly be provided by the private sector, lest they be riddled with market failures and corruption. More often than not, they only make these arguments because they simply have never lived in a...

For 12 Years and Tens of Thousands of Dollars, Is Schooling Worth It?

the socialist society would have to forbid capitalist acts between consenting adults.

The Case against Education: Why the Education System Is a Waste of Time and Money by Bryan Caplan (Princeton University Press, 2018, 395 pages). Almost every book on education policy (and I have read a great many of them) springs from the set of assumptions that education “experts” embrace: that schooling builds our stock of knowledge and skill, that it needs to be done mainly by government, that it makes us better human beings, and that we owe our prosperity to our great “investment” in education, kindergarten through college. Among the tiny number of books that challenge the...

New SCOTUS Petitions Highlight COVID-19 Abuse of Due Process

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(Image: Woman arrested for not wearing mask in NY subway to sue police for $10 million https://abcn.ws/30RetW4) If one were to reflect on the essential elements of society, one would quickly identify the need for peaceful dispute resolution. Indeed, on even the most primitive tribal level, peaceful dispute resolution has been the necessary result of human coexistence. We know this because even the most primitive of existing tribes have developed some peaceful form of dispute resolution. In the Anglo-American legal system, the concept of due process emerged as the state assumed the role of...

News

News Roundup 8/16/2022

US News Journalists Charles Glass and John Goetz and attorneys Margaret Kunstler and Deborah Hrbek sued the CIA headed by former Director Mike Pompeo. The plaintiffs had meetings with Julian Assange in the Ecuadorian embassy in London and were spied on. Reuters Russia...

News Roundup 8/15/2022

US News ICE set up a fake college to entrap students to break immigration laws. Reason Former Secretary of State Henry Kissinger warned of the dangers of the US policy toward Russia and China in an interview with The Wall Street Journal. AWC Russia At a conference in...

Blog

Drone Assassination: Inconvenient Facts

On the assassination of Ayman al-Zawahiri by U.S. drone in Kabul (from Accuracy.org): [Laurie Calhoun] said today: “President Biden has pivoted from the multiple crises of his administration — inflation, heightened tensions with China and Iran, and even the very real...

The Brief Case for Pacifism – Bryan Caplan, Ph.D.

  “My case for pacifism, to recap, comes down to three simple premises. The first two are empirical: Premise #1: The short-run costs of war are clearly awful. [Empirical claim about immediate effects of war]. Premise #2: The long-run benefits of war are highly...

Why We Should Study China

  I would posit that there is no civilization so utterly foreign to Americans than China. Often, American impressions of China are informed by preconceptions, myth, and fear of the other. For the average American, the sum of all knowledge about China is derived...

Kennedy Tonight

Tonight I'll be back on Kennedy Nation talking central banking and war. Update:

The Scott Horton Show

8/8/22 Bonnie Kristian on America’s Ongoing War in Somalia

 Download Episode. Scott interviews Bonnie Kristian about her new book and an article she wrote recently on America’s war in Somalia. After the withdrawal of troops from Afghanistan last summer, Somalia is now America’s longest war. Though Trump temporarily shifted...

Conflicts of Interest

COI #308: Moving Closer to Nuclear War

On COI #308, Kyle Anzalone discusses warnings that the world is close to annihilation. Odysee Rumble  Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash...

Don't Tread on Anyone

Who Was Tony Timpa?

https://youtu.be/zQiIPeHLQp4 “Unless it be to do justice on an offender,” Locke continued, no one may “take away, or impair the life, or what tends to the preservation of the life, the liberty, health, limb, or goods of another.” Long traces out a key implication of...

Why Democratic Socialists Are Wrong About “Profit”

https://youtu.be/Eg9OIssCmsc One of the most incredible attributes of free markets is the ability to harmonize our self-interests with the interests of greater society. Contrary to the popular demonization of profits as extraction of surplus value, profits in freed...

Liberty Weekly Podcast

Justin Raimondo’s American Epitaph Ep. 222

https://youtu.be/8yNp_Rqr1AE On July 4, 2022, I reflect on the United States' fall from republic to failing empire. In doing so, I get a little help from Murray Rothbard and Justin Raimondo. Episode 222 of the Liberty Weekly Podcast is Brought to you by:...

Year Zero

46 & 2, Tool, the Shadow, and Jung w/Jon Hartmann

I asked my good friend Jon Hartmann to come back on the show to discuss Tool’s 46 & 2 and Jung’s concept of the Shadow. Jon Twitter Jon Instagram Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon...

Avoiding Nihilism w/Rachel Tobias

Rachel joined me again, and this time we are talking about how to avoid nihilism and continue moving forward. Rachel Twitter Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon RyanBunting.com

The Tweet Heard Around the World w/Cam Harless

Cam joined me to discuss the essence of women and being bi. The Mad Ones Cam twitter Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon RyanBunting.com

Nihilism w/Buck Johnson

Buck joined me to discuss Nihilism by Fr Seraphim Rose. Nihilism is an interesting critique of liberalism that walks through the stages of societal degradation. Fr Seraphim determines that the replacement of an objective truth with relative truth sends the world into...

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