What Ron Paul Thinks of America–Rebuttal

Here is a letter I sent to the editor of the Wall Street Journal regarding an article published on December 22. (I imagine they get millions of letters after they slam Ron Paul, but hey, this is what the Internet is for!)
Dear Sir:
In her opinion piece, “What Ron Paul Thinks of America,” Dorothy Rabinowitz implies that Ron Paul, like Barack Obama, hates America. This could not be further from the truth. Dr. Paul loves America, but it’s an

"Merry Christmas, Sheriff!" Homeland Security Treats Texas Town to a Brand New Surveillance Drone!

“What? You Don’t LOVE It?!”

I read in today’s Wall Street Journal that Homeland Security bought Montgomery County, Texas, a $300,000 surveillance drone. Not only does this smack of both the surveillance state and crony capitalism–the US government is promoting drone sales abroad as well–but it’s an abuse of taxpayers’ money to use federal funds to pad the policing power of municipalities. Federal funding of municipal responsibilities eliminates even the indirect possibility of connecting the costs and (alleged) benefits of government spending. In this case in particular, the benefits themselves are clearly mixed. The title of the article tells the story: The Law’s New Eye in the Sky: Police Departments’ Use of Drones Is Raising Concerns Over Privacy and Safety.

Accounting Reform Precipitates Financial Crisis

I just read a great article by one of my favorite Austrian economists, Jesus Huerta de Soto, explaining an aspect of the financial crisis that I never heard anyone point out. The government cannot be trusted with the money, the law or, apparently, accounting standards! I found the following article at Professor Huerta de Soto’s page “articles in English” on his website jesushuertadesoto.com. Here is the full text:

Feds Seize 150 Websites for Selling Counterfeit Merchandise–Kind Of

I saw this article titled “Feds seize 150 websites in counterfeit crackdown” and thought to myself, could the Feds actually be acting within the confines of normal law enforcement? After reading last week about a fisherman who was robbed by the Feds of the largest tuna ever caught, I was in the mood to have my faith in government restored. (As if!)

Is Operation Fast & Furious Obama's Iran-Contra?

I think there’s much more to Operation Fast & Furious than we’ve heard about so far. Will it bring down Eric Holder? How about Obama? Listen to my take on the developing story: Monica Perez Fast and Furious And here are links to two more sources of ongoing information on Operation Fast & Furious: Judicial (more…)

Lies, Damn Lies and Statistics

A Congressional Budget Office report reveals that income inequality is increasing.  In this excerpt from Saturday’s show, I explain that the progressive tax system and expansionary monetary policy are at the root of the growing disparity between rich and poor in America. Monica Perez income inequality debunked If like I do, you crave economic truth (more…)

It's the Boom That's the Problem!

Ron Paul points out that the booms are what cause all the cyclical devastation in our economy.  Until we stop the booms we will always have the terribly damaging busts.  What does he mean by that?  Listen to my explanation from last week’s show. Monica Perez boom bust