Asset forfeiture is the process by which government confiscates a person’s property, generally after asserting it was involved in, or the proceeds from, a crime. Police often seize certain property as part of the investigative process. In many states, they don’t even have to make an arrest. They take any assets they suspect were used […]

On SchiffGold’s “It’s Your Dime,” Mike Maharrey talks with economist Bob Murphy about his Contra Krugman book, how Keynesian economics goes off the rails, the time Paul Krugman ridiculously compared HealthCare.gov to UPS, the trade war, the gold standard and the Great Depression, Bob’s favorite Krugman flip-flops, and more. Robert P. Murphy holds his Ph.D. […]

Once more contradicting the oft-repeated claim that Republicans are “good” on gun rights, President Trump is poised to implement an unconstitutional federal ban on bump stocks for semi-automatic rifles. From Reuters: “We’re knocking out bump stocks,” Trump said at a White House news conference. “We’re in the final two or three weeks, and I’ll be […]

In aviation, a death-spiral describes the downward, corkscrew-motion of a disabled aircraft that’s unrecoverably headed for a crash. If you pilot an aircraft, you never want to find yourself in a death-spiral — for obvious reasons. Well, The federal government may well be in a death spiral of its own  – or perhaps we should call […]

WASHINGTON (Oct. 8, 2018) – The U.S. Drug Enforcement Agency (DEA) plans to expand a surveillance program that tracks the location of millions of everyday people through pictures of their license plates. According to federal contracting data, the DEA will expand the footprint of its license plate tracking program with automatic license plate readers (ALPRs) connected […]

Today in 1751, James Iredell was born. A brilliant figure of the founding era, he was considered a legal prodigy at an extremely young age. Just prior to the American War for Independence, he penned a pamphlet, To the Inhabitants of Great Britain, which espoused his constitutional arguments against the British concept of Parliamentary sovereignty. […]

Several times a week, I see Trump supporters touting the rising stock market and “booming economy” as proof of his economic prowess. Sadly, they are being led down a primrose path to ruin. I’m going to sum this up as simply as I can. The economy and the stock market are – to steal a […]

SACRAMENTO, Calif. (Oct. 4, 2018) – On Sunday, California Gov. Jerry Brown signed a bill that creates a process to expunge or reduce the sentences of people charged under the state’s marijuana laws before recreational cannabis was legalized this year. Enactment of this law takes another step toward nullifying federal marijuana prohibition in effect in California. […]