It is possible to tell some creditors that we’re not going to pay them back, and there’s nothing wrong with that. Besides, much of this debt, we the people did not authorize anyways. Read More
A man was put in jail, lost his car and his job, and got nothing but a very late apology from Chase because of a very serious mistake made by Chase. Read the story When things like this happen due to stupidity on the part of a business, more than just an apology is owed, [...]
Former New Mexico Gov. Gary Johnson is the first to admit that even after months of campaigning, hardly anyone has heard of him. And that’s the very reason he refuses to drop out in his run for president. Read More
Debt ceiling negotiators think they’ve hit on a solution to address the debt ceiling impasse and the public’s unwillingness to let go of benefits such as Medicare and Social Security that have been earned over a lifetime of work: Create a new Congress. Read More
On April 10, 2010, Raquel Nelson lost her 4-year-old son. Nelson was crossing a busy Marietta, Georgia, street with her son and his two siblings when they were struck by a hit-and-run driver. Police were able to track down the driver, Jerry Guy, who later admitted he had been drinking and had taken painkillers the [...]
By: Stephen Carter – stephen@icarter.com The economic practice of mercantilism by Great Britain was a system that gave special privileges and monopolies to select people while restricting the flow of goods coming into and going out of the country by means of taxation and shipping policy in order to favor select local merchants over foreign [...]
What libertarians can learn from liberals and vice-versa. Read More
A Lufkin man convicted of resisting arrest in his own home after police mistook him for a burglar was sentenced Wednesday to 30 days in jail and a $500 fine. Read More
Add another name to the list of the dead as a result of actions taken by the Food and Drug Administration (FDA). I certainly feel a lot safer now that the government agency has made sure the evil entrepreneur is out of a job and we zombie-like consumers can’t get our hands on her dangerous [...]
The U.S. Federal Reserve gave out $16.1 trillion in emergency loans to U.S. and foreign financial institutions between Dec. 1, 2007 and July 21, 2010, according to figures produced by the government’s first-ever audit of the central bank. Read More
The billions of dollars of American aid flowing into Afghanistan every year may be inadvertently fueling the insurgency and the corruption rampant within the government and financial sectors, according to a new report. The audit by the Special Inspector General for Afghanistan Reconstruction concluded that lack of oversight or control of where money is disbursed [...]
Most of the big banks have repaid the government funds they received under the Capital Purchase Program (CPP), the pillar of TARP under which Treasury bought preferred shares in the nation’s banks. Enough so that, combined with dividends and sales of warrants, Treasury has declared that taxpayers have earned a profit on the CPP. Thus [...]
6 Reasons the Media Hide the True Human Toll of War — And Why We Let Them – Read More
Politics inflames the passions. Yours, mine, and those of others. Political conversations can move from calm and thoughtful to enraged and irrational in just moments. Once they get hot and hostile, we stop listening to and reasoning with each other. I’ve been in these kinds of conversations. Many times. I’ll bet you have, too. Would [...]
When Staff Sgt. Brad Eifert, 36, finally made his way to the woods behind his house with a .45 caliber pistol, he was a soldier at the end of his rope. Recently back from Iraq, suicide was something he’d discussed openly with his commander, his family, and his Army doctor The New York Times reports. [...]
In the era of massive belt-tightening budget cuts, the story of two never-completed, unused Navy ships now being sent to the scrap heap after costing U.S. taxpayers $300 million is a case study in Pentagon waste. Read More
Saying it is “unfair for Florida taxpayers to subsidize drug addiction,” Gov. Rick Scott on Tuesday signed legislation requiring adults applying for welfare assistance to undergo drug screening. Read More –It will be interesting to see where this experiment goes and what happens as a result of it. Do you think it will ultimately increase [...]
Do we really need the police to spend their time cracking down on lemonade stands? Read More
On Tuesday, July 19th, former Demand Progress Executive Director Aaron Swartz was indicted by the US government. The government contends that downloading too many journal articles constitutes felony computer hacking and should be punished with time in prison. Read More
A special investigation by The Daily Caller has discovered that a State Department contract specialist participated in awarding more than $52 million in taxpayer-funded contracts to a company owned and operated by her husband and daughter. Read More
A study of personality types once found that as a group, serial killers scored highest in “superficial charm, an exaggerated sense of self-worth, glibness, lying, lack of remorse and manipulation of others.” The other highest-scoring group for these undesirable traits? Politicians. Read More
The political left is pressing the White House and Congress to inflict a wave of Pentagon budget cuts not seen since the post-Cold War 1990s. Read More –It’s about time we saw some substance from the left when it comes to reining in military spending.
Falling mail volume and soaring red ink may soon doom Saturday mail delivery and prompt three-day-a-week delivery within 15 years, Postmaster General Patrick Donahoe warns. Read More –It’s time to revamp this cash sucking black hole and allow private carriers to deliver mail. While this may mean the cost of mail delivery goes up in [...]
Proposed in 1916: all acts of war should be put to a national vote. Anyone voting yes had to register as a volunteer for service in the United States Army. Thanks to The Humble Libertarian for finding this little jewel. I think it needs another go at it. Here are some other amendments that didn’t [...]
Rescue workers in Alameda, California were forced to watch as a man drowned after they realized they could not save him because they did not possess the proper certifications for water rescue required to legally do so. Read More –Licensing and regulations in action, preventing people from doing the things they need to do in [...]
Presidential Candidate Ron Paul‘s first television ad of the 2012 campaign highlights his role as the national leader of the strong opposition movement against raising the country’s debt ceiling.
Many people think life without the welfare state would be chaos. In their minds, nobody would help support the less fortunate, and there would be riots in the streets. Little do they know that people found innovative ways of supporting each other before the welfare state existed. One of the most important of these ways [...]
Ever wanted to get in on a good get rich quick scheme? Ever wonder how banks and the “well to do” in general make their money? Get ready to be upset.