Essays

Obama’s rogue state tramples over every law it demands others uphold

"For 67 years successive US governments have resisted calls to reform the UN security council. They've defended a system which grants five nations a veto over world affairs, reducing all others to impotent spectators. They have collaborated with the other four permanent members (the UK, Russia, China and France) in a colonial carve-up. Through this tyrannical dispensation – created at a time when other nations were either broken or voiceless – the great warmongers of the past 60 years remain responsible for global peace. The biggest weapons traders are tasked with global disarmament. Those who trample international law control the administration of justice." Continue reading →

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BEARCAT Bread And Circuses, Or Why I Ripped Up My Ticket

"We had eaten up the lie of hope that 'working within the system' is actually possible. I am ripping up my lifetime ticket to the circus that came with my birth certificate and social security number. Never again will I stoop to enter a government building. Never again will I grant credence to the idea that a government worker has rightful authority over me. Never again will I take precious hours out of my short life to grant legitimacy to this farcical freak show, when I could be spending that time trading with crypto-currency in the agora—the free market—in which we do not contract with or pay tribute to ring-leaders. It's anarchy or bust, baby. It always has been." Continue reading →

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FDR: Sowing the Seeds of Chaos

"The long-lasting imprint from FDR’s famous 'Hundred Days' did not stem from the bank holiday, national industrial recovery act, the farm adjustment act, the Tennessee Valley Authority, or the public works administration. Instead, it is lodged in the footnotes of standard histories; namely, FDR’s April 1933 order confiscating every ounce of gold held by private citizens and businesses throughout the United States. Shortly thereafter he also embraced the Thomas Amendment, giving him open-ended authority to drastically reduce the gold content of the dollar; that is, to trash the nation’s currency." Continue reading →

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American Banksterism Through the Ages

"The Bank of the United States 'ran into grave difficulties through mismanagement, speculation, and fraud.' -- James J. Kilpatrick, The Sovereign States; '[Henry Clay's] income from this business [general counsel to the Bank of the United States] apparently amounted to what he needed: three thousand dollars a year from the bank as chief counsel; more for appearing in specific cases; and a sizable amount of real estate in Ohio and Kentucky in addition to the cash . . . . When he resigned to become Secretary of State in 1825, he was pleased with his compensation.' --Maurice Baxter, Henry Clay and the American System" Continue reading →

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David Stockman on his Book and the Bailouts

"The panic and bailouts that followed were really about protecting the bonuses and incomes of very wealthy and politically well-connected managers at banks and other heavily leveraged businesses that were eventually deemed too big to fail. What followed was a massive transfer of wealth from the taxpayers and middle-class savers, in the form of bailouts and zero interest rates on bank deposits imposed by the Fed, to the so-called One Percent. As I show in my book, none of this was necessary to save the larger economy, since the losses that would have taken place as a result of the collapse would have been largely limited to Wall Street." Continue reading →

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Mises’ Answer to Would-Be Conspirators: You Will Lose

"The heart, mind, and soul of Austrian school economics is this: the free market provides better information and better incentives to satisfy customers than any rival system can ever offer. Therefore, the free market will grow at the expense of central planning. The decentralized decisions of people with money -- decisions informed by market pricing -- will be more accurate than the centralized decisions of any committee. This is why I really do not pay a lot of attention to the Bilderberg, the Council on Foreign Relations, and the Trilateral Commission. Ultimately, they are going to lose, just as their British equivalents and predecessors lost, 1914-1945. The digital genie is out of the bottle." Continue reading →

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What if everything you know is wrong?

"The revelation that Kurras was a long-term and highly valued agent of East German intelligence exploded like a bombshell, turning a generation’s worldview on its head. The man that Germany’s baby boomers loathed as the archetype of fascism, a living symbol of the evil Nazi-ish past, actually was a Stasi hero, a loyal servant of Communism. Many had no idea what to make of it, as the implications of the news were so stunning.The important question arose at once: Did Kurras kill Ohnesorg on the orders of the MfS, to bolster the radical Left movement in West Germany? It is impossible to answer this question with certainty, though it seems to be the obvious explanation for the crime." Continue reading →

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Koch Has No Power to Coerce Anybody; That’s Why He Needs Government

"So the actual pattern we see is the Koch brothers and their pet think tanks actively encouraging a near-totalitarian level of state intervention to suppress all the mechanisms of civil society — investigative journalism by a free and independent press, a vigorous system of civil liability, etc. — that would help keep business honest and hold it accountable. The corporate Pharisees of our day strain at a gnat using 'free market' rhetoric to attack welfare for the poor, but swallow a camel when it comes to welfare for corporations. They claim to favor 'economic freedom' and 'free trade,' while putting the entire world under the totalitarian lockdown of draconian 'intellectual property' law." Continue reading →

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The Selfishness of Virtue

"As life’s cruel realities slowly peeled the scales from my bleeding eyes, I began realizing that many such propaganda machines, despite their eternal claims of uplifting 'the people' in a noble fight against 'the elite,' were themselves the organs of a certain class of astronomically well-heeled elites. They didn’t represent all of the elite, mind you—only a weird segment that seemed to exist in a perpetual state of denial about their own elite status. My disappointment mutated into a lingering resentment as it became clear that such elites’ showboating 'populist' efforts never really seemed to help the poor and the working class." Continue reading →

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Capitalism: A Hate Story

"In Year 1 of Obama, two fat cats named Michael Moore and Harvey Weinstein released a movie. Their magnum opus was 'Capitalism: A Love Story'. The unsubtly sarcastic point after the colon was that capitalism was an unmitigated bag of evil. And to reaffirm the faith of capitalism-haters in the evils of capitalism, here was a movie put out by a bunch of corporations owned by millionaires. The traditional image of the anti-capitalist as a ragamuffin who dies of consumption in his garret has always been at odds with the real image of the anti-capitalist as a rich man or the son of a rich man. The man of the people is rather often stuck at the bottom of the top of the pole." Continue reading →

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