Essays

The Rise of the Antiwar Libertarian Republicans

"If you’re among the majority of war-weary Americans who oppose any sort of military intervention in Syria, thank libertarian Republican lawmakers Sen. Rand Paul of Kentucky and Rep. Justin Amash of Michigan. If the House and Senate vote against authorizing war next week, the efforts by these two guys will have been instrumental. Indeed, their outspoken, principled pushback is part of the reason that President Barack Obama—the 2009 Nobel Peace Prize winner—hasn’t already pursued some sort of strike 'just muscular enough not to get mocked' by the world while not inciting retaliation by Bashar al-Assad’s allies, Russia and Iran." Continue reading →

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Humanitarian Murder: It’s a Gas

"The true humanitarian position on any question of war is to reject it entirely: war is nothing more than the creation of the collective state, not the individual constituents thereof. US military involvement in Syria will do nothing more than complicate matters not just in Syria, but also the entire region. Indeed, the same politicians who speak so proudly of 'democracy' have no problem imposing it upon others (through death and destruction), but when it comes to their own countrymen, it is but a whisper. Today, only 9% of Americans support any intervention in Syria, and this number is low for good reason: Americans simply do not trust their government anymore." Continue reading →

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How has this not led to outright revolution yet?

"These days, you could put ‘safety and security’ in front of just about anything and get people to readily comply. After all, who is against ‘safety and security’? Only criminal terrorists, apparently. This is now the easiest way for governments to exact their agendas… whether it’s invading new countries, monitoring all Internet activity worldwide, or bailing out the big banks at taxpayer expense. Apparently the citizenry has become so scared that we collectively lay down and let governments walk all over us. This NSA debacle, which is only getting worse and worse, shows beyond all doubt how brazen and unabashed their tactics will be. And not a single utterance of remorse or reform." Continue reading →

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How to foil NSA sabotage: use a dead man’s switch

"It doesn't really matter if you trust the 'good' spies not to abuse their powers (though even the NSA now admits to routine abuse, you should still be wary of deliberately weakened security. It is laughable to suppose that the back doors that the NSA has secretly inserted into common technologies will only be exploited by the NSA. There are plenty of crooks, foreign powers, and creeps who devote themselves to picking away patiently at the systems that make up the world and guard its wealth and security (that is, your wealth and security) and whatever sneaky tools the NSA has stashed for itself in your operating system, hardware, applications and services, they will surely find and exploit." Continue reading →

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America’s Energy Boom and the Rising U.S. Dollar

"The petrodollar regime--that oil is bought and sold globally in U.S. dollars--is easy to understand. It boils down to these two principles: 1. Petroleum is the lifeblood of the global economy. 2. Any nation that can print its own currency and trade the conjured money for oil has an extraordinary advantage over nations that cannot trade freshly created money for oil. This is why many analysts trace much of America's foreign policy back to defending the petrodollar regime. In the normal course of things, anyone printing money in quantity would soon find the conjured currency bought fewer and fewer barrels of oil." Continue reading →

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Election won’t prevent pension crash

"The tax gap isn't the deepest divide in America. The deepest gap is the pension divide, between those few who have a guaranteed cushion in the form of defined-benefit pensions, which promise a fixed annuity at retirement, and those who don't. How the candidates address this divide, cultural as well as political, is crucial, far beyond November. To understand the current mindset, it helps to consider the pension culture of the past. In the early 1980s, many companies, as well as governments, offered employees a defined-pension benefit when they retired. Thirty years ago, about 62 percent of American workers were covered by some kind of plan like this." Continue reading →

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Is College A Scam?

"The system is broken, the middle class is disappearing, being carved through the middle by a trillion dollars in student loan debt, and everyone is still raising tuition faster than inflation. And 50% of kids with college degrees now are underemployed. And that one statistic that 'if you go to college you make a million dollars more' is totally flawed and I explained why using basic Statistics 101 knowledge. I talked about the girl who was practically naked while hula hooping so she could make debt payments from a tip jar. I spoke about the two kids who were now clerks in an eyeglass store getting paid by the hour, and they felt they were 'lucky' because their other friends did not have jobs." Continue reading →

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Australia’s Carbon Tax: Lessons for the United States

"The real-world results in Australia throw cold water on the claims made by proponents of a U.S. carbon tax. Every single claim they make in their case for a U.S. carbon tax had the opposite effect in Australia. In the year after Australia’s carbon tax was introduced, household electricity prices rose 15%, including the biggest quarterly increase on record. Currently 19% of the typical household’s electricity bill is due to Australia’s carbon tax and other 'green' programs such as a renewable energy mandate. The job market had previously been stable, but after Australia’s carbon tax the number of unemployed began rising rapidly." Continue reading →

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A Great Handicap of Economies Run by Political Authorities

"Little is ever taught about great entrepreneurs who started with next to nothing and ended up creating great things. More than money it takes alertness and drive to carry out the vision that one is alert to, how often do students learn this in school? Teachers from the college level on down are generally the least alert people on the planet, they have no understanding of the subject. Most teachers started their careers after a life of formal education and nothing else. For them life is about scored tests, quizzes and exams, with the answers all known in advance. Real life is the opposite. It is about opportunities that are sometimes only seen by one individual." Continue reading →

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The Goodfellas of Wall Street

"If you think of the economy as this vast thing where success or failure is a matter of serving customers well, then you are deceiving yourself. (I’ve written about this before, about how America’s largest companies are basically products of state privilege.) This perspective is good too because the reality of the thing shatters many illusions. Think Obamacare is a socialist redistribution scheme? Take another look. What it really amounts to is the largest corporate giveaway and pork-filled legislation in the history of the country." Continue reading →

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