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!)
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…)
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
How much are we spending on the Drug War? How about the FDA? According to the Drug War Clock at drugsense.org, the Drug War cost the US $15 billion so far this year. In addition, President Obama’s budget request for the FDA t
Apparently a man showed up at a volunteers meeting for Elizabeth Warren’s Massachusetts Senatorial campaign in order to do the following: announce he is unemployed, identify himself as anti-Occupy Wall Street and pro-Tea Party, call Elizabeth Warren a socialist whore, claim that Obama was born in a foreign country, and then walk out, all in (more…)
It is my view that the corporate tax rate should be zero for the exact reasons laid out in this mainstream media report intended, as usual, to make us conclude the opposite of the truth–in this case that corporations should pay more taxes. Biggest Public Firms Paid Little US Taxes, Study Says Complex corporate tax (more…)
In a truly free society there would be no way for anyone to amass great wealth or earn high levels of income without offering a product or service commensurately valuable to the individuals in society—the nature of voluntary exchange guarantees that. But do we have a truly free society? People are upset about a CBO report showing an increase in income inequality between the highest earning 1% and lesser paid earners. But why exactly? I don’t think people are upset because they think it’s unfair
The Vatican has just released a Note on Financial Reform from the Pontifical Council for Justice and Peace. I am reading it with horror on many levels. As I attempt to fully digest its contents (without losing my lunch), I thought I would pass along the following great article on a similar subject by Tom (more…)
Dr. Paul crushes it, as usual. [youtube=http://www.youtube.com/watch?v=Gfth22IuyXU]
If you have seven minutes and want a chuckle, watch this video: Marriott TV