This column by Mises scholar Robert Batemarco was first posted at the Ludwig von Mises Institute’s website on February 25, 2014. Now that I have your attention, rest assured that even when John Kenneth Galbraith got something right, he got it wrong. One of the signature ideas for which Galbraith is known is the Dependence Effect, […]
The U.S. political system is on a theft binge of consuming the assets of Americans by whatever method it can contrive. It is financial war and the political system is winning, backed by the police power of the State. Any thinking person can clearly see that the U.S. system is collapsing. Better said, it is self destructing in many ways.
President Barack Obama is, in the eyes of the majority of Americans, a President who is failing to earn respect from his global peers – even as Americans continue to believe the U.S. as a Nation commands international respect.
“Stop Government Abuse Week” kicked off Monday in the House. Republicans in the lower chamber plan to hold votes on at least 12 measures designed to increase transparency and curtail government abuse.
George Soros, billionaire hero to progressive activists looking for a financial lifeline everywhere, ramped up political spending threefold through his Open Society Policy Center and its financial affiliate in 2013 – and there’s no reason to believe he’s slowing down.
Last week Ukraine saw its worst violence since the break-up of the Soviet Union over 20 years ago. Protesters occupying the main square in the capitol city, Kiev, clashed with police leaving many protesters and police dead and many more wounded. It is an ongoing tragedy and it looks like there is no end in […]
Last week, Federal Reserve Chairman Janet Yellen testified before Congress for the first time since replacing Ben Bernanke at the beginning of the month. Her testimony confirmed what many of us suspected, that interventionist Keynesian policies at the Federal Reserve are well-entrenched and far from over. Yellen practically bent over backward to reassure Wall Street […]
The brash Exene Cervenka, who used to front legendary punk band X, is selling her stuff and packing out of Orange County, Calif. – her home for more than three decades – to settle down in Austin, Texas. Why? She’s sick of California’s oppressive regulations and laws.
According to OpenSecrets.org, the Koch brothers are nowhere near the top of the list of the Nation’s most active and profligate campaign donors for Federal elections – though it’s a favored pastime of progressivist media to vilify their world-shaping ambition, which supposedly is carried out via unfairly exorbitant buyouts of political influence.
Governments, bureaucrats and politicians look upon the public as a herd that should be deceived and led for the benefit of government and the elite. By and large it works because the vast majority of Americans go along with the system. Its social and moral depravity prospers under the cloak of democracy.