When exactly is a terrorist a “terrorist”?

Smoke coming from a parked Nissan Pathfinder in NY’s Times Square led to the discovery of a failed fuel-air bomb. Via Patterico; But don’t worry. The feds tell us it’s not terrorism: The police discovered a car bomb in a smoking Nissan Pathfinder in the heart of Times Square Saturday evening, prompting the evacuation of [...]

Continue ReadingWhen exactly is a terrorist a “terrorist”?

Robert Higgs on the Independent Institute, Free-Market Thinking and the Impact of the Internet

The Daily Bell is pleased to present an exclusive interview with Robert Higgs. Higgs is Senior Fellow in Political Economy for The Independent Institute and Editor of the Institute's quarterly journal The Independent Review. He received his Ph.D. in economics from Johns Hopkins University, and he has taught at the University of Washington, Lafayette College, Seattle University, and the University of Economics, Prague. He has been a visiting scholar at Oxford

Continue ReadingRobert Higgs on the Independent Institute, Free-Market Thinking and the Impact of the Internet

Nebraska’s Primary is Tuesday, May 11 – Are You Registered and Informed?

Are you registered to vote? We hope to have the time to add additional helpful information here regarding the upcoming Primary on Tuesday, May 11, but for now, we’d like to provide information about the last minute ability to register at several locations in Lancaster County IN PERSON – THROUGH MAY 3. The Lancaster County Election Commissioner [...]

Continue ReadingNebraska’s Primary is Tuesday, May 11 – Are You Registered and Informed?

Let's Call a Duck a Duck

When something has feathers, a bill, waddles, and quacks...you'd think it would be difficult to deny...it's a duck! But there's a lot of denial going around these days, in fact it seems practically epidemic. Despite any and all evidence presented, people do not want to believe what's staring them right in the face. What's being denied primarily is bad ethics, but also, there is denial of questionable associations, and agendas. The fact that bad ethics don't seem to bother so many people sure bothers me, so I've actually spent a good deal of time thinking about it. I've realized that the difficulties we're experiencing as a country are reflected in recent events within the movement to put a stop to out of control government. So, lacking any other term, I must say, events inside the Tea Party "movement" are reflective of what has been plaguing us as a country.

Continue ReadingLet's Call a Duck a Duck

Potpourri of Volcanic Ash, Goldman Concerns, Chinese Currency Manipulation and More…

We truly live in a convoluted and strangely chaotic world. This last week alone has been a mix of all kinds of 'Updates' -worthy matters to discuss, one interlinked with the other. Where should I start??? Goldman Sachs? Eyjafjallajokull (the ominous volcano in Iceland)? US-Chinese trade battles? International currency wars?

Continue ReadingPotpourri of Volcanic Ash, Goldman Concerns, Chinese Currency Manipulation and More…

Corporate Socialism

The idea that making a profit is somehow ignoble has ancient roots. Partly it stems from the utterly fallacious notion that when someone wins, someone else must lose. So if you go to the mall and purchase a sweater you really like, you must rip off the store where you do this. It is only after modern economics got going full blast that it became clear that when there is a purchase, both sides win. Or at least they understand themselves as having won. You got the sweater, they got the money, you

Continue ReadingCorporate Socialism

Real Story of Offshore Drilling

We blame American oil companies for this most recent oil spill, but not for the predictable reasons. American oil companies, in our opinion, have helped set up a situation where there is a substantial amount of oil production offshore, even though there doesn't need to be. It's been our opinion all along that US oil companies especially, have been funding Green movements in the US and abroad to help ensure that regulatory issues prevent drilling in the lower 48. This forces drilling offshore and

Continue ReadingReal Story of Offshore Drilling

Is Fed Independence Good?

This article appearing recently at the Huffington Post by James Bacchus, a "former member of Congress," is noteworthy because it musters all the arguments against a Federal Reserve audit and, generally, Fed transparency. While Ron Paul (R-Tex) and others have been calling for an audit of the Fed, various defenders of the Fed's business as usual are mustering any defense they can to retain the "independence" of the said agency.

Continue ReadingIs Fed Independence Good?