Source: Target Liberty: Murray Rothbard on Newt Gingrich
Archive for the ‘Crony capitalism’ Category
Phoney , baloney and BS from DC exposed
13
Jul
“Remember “We’re fighting them over there so we don’t have to fight them over here”? That was the justification for the worldwide war on terrorism the Bush administration trumpeted in the early days of the post-9/11 era. Keeping in mind that the American people don’t really care about what goes on thousands of miles away, […]”
Source: The Myth of the ‘War on Terrorism’ – Antiwar.com Original
Bernie Sanders caves in to Hillary
13
Jul
Bernie is not leading a revolution. He is grasping for power.
Source: Target Liberty: The Sanders “Revolution” Was Just Put To Sleep
A reader responds to the open letter to Trump
13
Jul
Rick Merkt, former assemblyman and gubernatorial candidate, emails:
“One of the interesting observations I have made over a lifetime: “Liberals” a/k/a “Progressives” believe as an article of faith (Perish the thought!) that the smartest man (or woman) in the world should be charge of everything, because, obviously, he (or she) is more qualified to decide everything than the poor average Joe. They really, actually believe this! It never occurs to them that even the smartest person in the world couldn’t possibly access or process the number of inputs necessary to reach a right decision on most complex matters. This is why the “invisible hand” of the market works, where individual or collective “geniuses” fail repeatedly. To be sure, the market commits its errors — in fact, all the time. Yet, perhaps because it is not hobbled by ego, the market constantly adjusts for its mistakes, disciplines the losers, and rewards the winners, all to the greater benefit of society.
This would have been Ron Paul’s year
12
Jul
Timing is everything in politics. Ron would get at least 20% of the vote in November if he were the Libertarian Party nominee.
“The last time people were this dissatisfied with presidential candidates, Ross Perot became a third-party success story. This year, however, there are new hurdles for outsiders.”
Source: Americans Really Dislike Trump, Clinton. So Why Aren’t Third Parties Doing Better?
The EPJ Research Room: An Open Letter to Donald Trump on Economic Policy
12
Jul
The best ideas money cannot buy.
Source: The EPJ Research Room: An Open Letter to Donald Trump on Economic Policy
Hillary wants the military-industrial complex support
12
Jul
“Some close to Mrs. Clinton say she was always likely to have someone with military experience on her vice-presidential shortlist.”
Bernie supports military Keynesianism
12
Jul
Bernie the peace candidate? Fuggedaboudit.
“The Democratic socialist senator has good reason to support the F-35 fighter jet program for Vermont. It’s all about jobs and the economy.”
Source: Why Bernie Sanders is backing a $1.5 trillion military boondoggle
Bernanke is one crazy dude…
12
Jul
…according to David Stockman
“Ben Bernanke is one of the most dangerous men walking the planet. In this age of central bank domination of economic life he is surely the pied piper of monetary ruin. At least since 2002 he has be…”
Source: Bernanke’s Black Helicopters Of Money
Central bankers never learn
11
Jul
“The reason why anyone would buy negative-yielding debt is actually pretty simple: Because they have to.”
Source: Negative rates leading to ‘day of reckoning’ fear on Wall Street
Money, Money, Money
11
Jul
The money printers are on overdrive.
“When we first heard this past Thursday that private blogger and Citadel employee Ben Bernanke was going to “secretly” meet with both the BOJ’s Haruhiko Kuroda and Japan PM Abe, we warned readers that “something big was coming.” Two trading days later, with the USDJPY higher by 200 pips and soaring after something big indeed came overnight from Japan: nothing less than the first “lite” instance of helicopter money.”
An economic and history lesson
10
Jul
Why a depression is the cure that ails America. Being prepared will help you ride out the inevitable.
“Artificial measures to stave off a downturn will only make it much worse.”
Source: America Needs a Good, Old-Fashioned Economic Depression