NEW YORK (Reuters) – When President Barack Obama cited cost as a reason to bring troops home from Afghanistan, he referred to a $1 trillion price tag for America’s wars. Staggering as it is, that figure grossly underestimates the total cost of wars in Iraq, Afghanistan and Pakistan to the U.S. Treasury and ignores more [...]
By: Paul Graham Have you ever seen an old photo of yourself and been embarrassed at the way you looked? Did we actually dress like that? We did. And we had no idea how silly we looked. It’s the nature of fashion to be invisible, in the same way the movement of the earth is [...]
One of my favorite children’s books is “If You Give a Mouse a Cookie.” Laura Numeroff’s entertaining tale recounts the series of requests and events that follow from giving an adorable little rodent a treat. This first act of kindness leads to a request for a glass of milk, then a straw, a napkin, and [...]
In a recent article at the Huffington Post, Lynn Parramore assembled a team of economists to refute nine “myths” about the deficit. On the one hand, it was refreshing to see these economists discuss with such candor the fact that our financial system is backed up by nothing but green pieces of paper. On the [...]
Everything I want to do is illegal. As if a highly bureaucratic regulatory system was not already in place, 9/11 fueled renewed acceleration to eliminate freedom from the countryside. Every time a letter arrives in the mail from a federal or state agriculture department my heart jumps like I just got sent to the principal’s [...]
A well-stocked first-aid kit is a necessity in every home. The first-aid kit should be kept in an easy to reach place. It is best to keep one first-aid kit in your home and one in each car. Also be sure to pack a first aid kit when you go on vacation. How to make [...]
Via Reason Magazine Rep. Barney Frank (D-MA) and Rep. Ron Paul (R-TX) will introduce “bi-partisan legislation tomorrow ending the federal war on marijuana and letting states legalize, regulate, tax, and control marijuana without federal interference,” according to a press release from the Marijuana Policy Project that just hit my inbox. More from that email: Other [...]
The desert is a hot place, and right now we are fighting in them. How do they all keep cool in the desert, well that might surprise you. They use air conditioners to keep all of the tents cool. You’d think that would cost a lot in the middle of the desert. Well, you’d be [...]
By: Stephen Carter - email@example.com We have been at war in order to introduce good, liberty oriented American values to everyone else in the world and prevent tyranny since we got involved massively on the world stage in world war one. This has been the line of thinking, that we’re so heavily involved in the [...]
If you want to see a good GOP nominee that will bring some actual positive change to a country obsessed with war and debt, get yourself and everyone you know out to the primaries next year.
Andrew Froy, MD recently put out a very good article that analyzes some of the financially harmful aspects of the current health care system. His thoughts, being a doctor, are that the patients do not have enough control over their interactions with doctors and hospitals, and that the current system has been design to limit [...]
The United States of America may potentially be on the precipice of a Greek-style debt crisis within a few years, and our economy is increasingly looking like it may be at risk of entering another recession – and the Financial Crisis 2.0 could make the Great Recession look tame. Simply put, the Fed and Treasury [...]
Gary Johnson is the Rodney Dangerfield of the GOP’s 2012 field. He gets no respect. Despite being a successful former two-term governor of New Mexico who shrank state government by wielding his veto pen with fervor, an entrepreneur who sold the 1,000 person construction business he built from scratch, and an accomplished athlete (who else [...]
Richard Flaherty has watched the assessed tax valuation for the buildings and properties of his Port Orchard manufacturing firm skyrocket while, he believes, their actual values have plummeted. He bought four lots with wetlands for $12,500 in February 2006, and their assessed valuation increased to $104,400 in October 2010. “I was not happy,” said Flaherty, [...]
Over the last decade, the share of U.S. national income taken home by workers has plummeted to a record low. As shown by the chart below the decline began with the brief recession that followed 9/11 in 2001. But it continued even as the economy picked up again, and got even worse once the Great [...]
Former New Mexico Governor Gary Johnson was excluded from CNN’s New Hampshire GOP debate even though he qualified for the debate and polls higher than other candidates that were invited. In this video, Gary Johnson answers the questions that were asked of the other candidates and gives answers unlike any of the other candidates.
Citing a series of fatal malfunctions dating back to 1777, flag manufacturer Annin & Company announced Monday that it would be recalling all makes and models of its popular American flag from both foreign and domestic markets. Representatives from the nation’s leading flag producer claimed that as many as 143 million deaths in the past [...]
Was Thomas Jefferson a great president? One’s answer to that question depends on how one defines “greatness.” If we define greatness as how far a president leads the United States down its historically determined path toward the centralized interventionist state, then Jefferson fails to qualify. On the other hand, if we define greatness as how [...]
According to a recent Congressional Budget Office report, the increased use of ethanol is responsible for a rise in food prices of approximately 10 to 15 percent. Why? We’re turning corn into fuel — a highly inefficient one, at that — instead of food. The Mackinac Center for Public Policy points out that “mixing food [...]
A short, revealing history on the Pledge of Allegiance.
This chart from the Consumer Federation of America (via HuffPo) shows just how much Wall Street is in fact regulated. Of course, what they want — and what might make a lot more sense — is a system like this.
Copyright law’s grip on film, music and software barely touches the fashion industry and fashion benefits in both innovation and sales, says Johanna Blakley. At TEDxUSC 2010, she talks about what all creative industries can learn from fashion’s free culture.
By: Marko Kloos Human beings only have two ways to deal with one another: reason and force. If you want me to do something for you, you have a choice of either convincing me via argument, or force me to do your bidding under threat of force. Every human interaction falls into one of those [...]
Text of speech: There is a story of a young, but earnest Zen student who approached his teacher, and asked the Master, “If I work very hard and diligently, how long will it take for me to find Zen? The Master thought about this, then replied, “Ten years.” The student then said, “But what if [...]
By: Stephen Carter Identity and credit theft by all logic, should not exist. The agencies responsible for protection against this are government and business, and neither are doing enough to help the victims involved or deter criminals from committing the fraud. This is clear because this type of theft is still widespread. It is the [...]
When adding in all of the money owed to cover future liabilities in entitlement programs the US is actually in worse financial shape than Greece and other debt-laden European countries, Pimco’s Bill Gross told CNBC Monday. Much of the public focus is on the nation’s public debt, which is $14.3 trillion. But that doesn’t include [...]
A once-sleepy movement that would upend the Electoral College, reverse two centuries of constitutional practice and elect presidents by direct popular vote has quietly picked up momentum in recent days, with Republican Party leaders scrambling to stanch a steady stream of defections by GOP state lawmakers to the plan. Shawn Steel, a former chairman of [...]