"We’re not dealing with a government that exists to serve its people, protect their liberties and ensure their happiness. Rather, these are the diabolical machinations of a make-works program carried out on an epic scale whose only purpose is to keep the powers-that-be permanently (and profitably) employed." Continue reading →
AUSTIN, Texas (May 16, 2017) – Today, a Texas Senate committee passed a bill that would expand raw milk sales in the state. Passage of the bill into law would help nullify a federal prohibition scheme in practice. Sen. Bob Hall (R-Dist 2) prefiled Senate Bill 95 (SB95) last fall. The legislation would expand raw milk…
"The new proposal would treat all 401(k) and traditional IRA contributions as if they were Roth IRA contributions. You’d lose the tax exclusion of those contributions, but your future 401(k)/IRA earnings and appreciation would be tax-free. Some think this could raise $1.5 trillion in additional tax revenue over the next decade, making the corporate tax slash feasible. Unless they decide to tax retirement earnings and appreciation too." Continue reading →
BATON ROUGE, La. (May 16, 2017) – Yesterday, a Louisiana House committee unanimously passed a bill that would exempt the sale and purchase of gold and silver from state sales and use taxes, encouraging their use and taking the first step toward breaking the Federal Reserve’s monopoly on money. Rep. Stephen Dwight (R) and Rep.…
"The worst part of Venezuela’s tragedy is that it was so obviously predictable. Economists familiar with the work of Ludwig von Mises understood the necessary results of socialist policies. A sound money and freely floating prices provide a society with functioning markets that deliver the goods to the people. The market economy is true populism." Continue reading →
"There's just something about uniforms that garner an almost naïve trust. People trust uniforms. Most of us obey the word of those clad in uniforms to an almost Stanford Prison Experiment-esque degree." Continue reading →
CONCORD, N.H. (May 15, 2017) – Last week, the New Hampshire Senate passed a bill to decriminalize marijuana possession. Passage into law would take another step toward further nullifying federal cannabis prohibition in practice in the state. Along with 11 bipartisan co-sponsors, Rep. Robert Cushing (D-Hampton) introduced House Bill 640 (HB640). The legislation would eliminate…
DES MOINES, Iowa (May 15, 2017) – Last week, Iowa Gov. Terry Branstad signed a bill into law setting the foundation to nullify in practice some Food and Drug Administration (FDA) rules that deny access to experimental treatments by terminally ill patients. The Senate Commerce Committee sponsored Senate Bill 404 (SF404) on March 1. The…
Don't believe the hype...
BOSTON, Mass. (May 15, 2017) – Bills introduced in the Massachusetts House and Senate would reform the state’s asset forfeiture laws to prohibit the state from taking property without a criminal conviction in most cases.The legislation also takes on federal forfeiture programs by banning prosecutors from circumventing state laws by passing cases off to the…