Essays

“Hurry Up and Die”: The Inescapable Outcome of Socialized Medicine

"Since the old generally require more — and more expensive — medical treatment than the young, the increasingly aged population is putting a severe strain on Tokyo’s health care budget. One Japanese politician, however, has come up with a solution: Just let the elderly die, instead of treating them. That is, in fact, what is already happening in Great Britain, a country that has suffered under socialized medicine for 65 years. There, under a program of sedation and dehydration called the Liverpool Care Pathway (LCP), National Health Service (NHS) hospitals euthanize about 130,000 people a year." Continue reading →

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Four Charts Showing How Obama’s Statist Agenda Is Hurting Jobs and Growth

"Let’s look at the Minneapolis Fed’s data for every business cycle since the end of World War II. As you can see, we’re currently mired in the most anemic recovery on record. The employment data is even worse than the GDP data. The comparison of Reaganomics with BushObamanomics is startling. There was a jobs boom in the 1980s, while today we haven’t even recovered all the jobs lost during the downturn. And if we look at the current 'recovery' compared to all other business cycles, it becomes even more apparent that big government is generating very bad results for the American people." Continue reading →

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Bill Bonner: Why do we have this credit-based money?

"Because governments are essentially a way for the insiders (who control the police power of the state) to take power and money from the outsiders. Cicero once described the two groups as the 'Optimates' on one side and the 'Populares' on the other. You might also think of them as the elite and the hoi polloi...or the privileged classes and the riff-raff. The critical difference between the two is that the elites...the optimates...the insiders...have the government in their pocket. The others do not. Bullion-based money is a natural limitation on the ability of the elite to rob the rest of the population." Continue reading →

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The Blindness of Modern Economists

"The economic establishment blames today's evils on free markets, a lack of government intervention, and banks for being reluctant to lend. It blames government deficits on cheats who don't pay their taxes. There are four horsemen of the global economic apocalypse, all interlinked: the overburdened economy; broken banks; expensive interventionist governments; and a developing welfare and pension crisis. As a politician aptly described to me when I interviewed him a few months ago in Brussels, trying to squeeze out economic growth under these conditions is like trying to fly a plane with concrete wings." Continue reading →

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The Financial System Doesn’t Just Enable Theft, It Is Theft

"Needless to say, those with access to leveraged credit and the issuance of fiat money have the power to make claims on resources without actually having produced anything of value or earned tangible forms of wealth. Those with political power and wealth naturally have monopolies on the issuance of credit and paper money, as these enable the acquisition of real wealth without actually having to produce or earn the wealth. This system is intrinsically unstable, as the financial claims of credit and fiat money on limited real-world resources and wealth eventually exceed real-world resources, and the system of claims collapses in a heap." Continue reading →

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Who Really Started the Korean War?

"We were fighting on behalf of Syngman Rhee, the US-educated-and-sponsored dictator of South Korea, whose vibrancy was demonstrated by the large-scale slaughter of his leftist political opponents. For 22 years, Rhee’s word was law, and many thousands of his political opponents were murdered: tens of thousands were jailed or driven into exile. Whatever measure of liberality has reigned on the Korean peninsula was in spite of Washington’s military presence. When the country finally rebelled against Rhee, and threw him out in the so-called April Revolution of 1960, he was ferried to safety in a CIA helicopter as crowds converged on the presidential palace." Continue reading →

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Meet “The People’s Court”

"Frisler was a lawyer and was later appointed by Adolph Hitler as the People’s Court President. It has been said that he Frisler constantly proving himself as a super Nazi to counter those who questioned his changing loyalties. Frisler was ruthless and merciless as he sent over 5,000 German men, women and teenagers to the guillotine or gallows for even the most minor acts of resistance. Evidence presented before the court was often simple hearsay. The People’s Court court acquitted only a scant few before it. Frisler was also one of Hitler’s Judges that made sure everything done by the Nazi government was legal." Continue reading →

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Jacob Hornberger: The Real Criminals Under Our National-Security State System

"People Who Are Considered Heroes by the National-Security State: 1. The officials who devised the scheme that plunged America into the illegal world of torture. 2. The officials who actually committed the crime of torture. 3. The officials who induced private telecommunication firms to engage in illegal monitoring of their customer’s telephone calls. 4. The officials who devised the scheme that plunged America into the illegal world of assassination. 5. The officials who have actually committed the assassinations. 6. The officials who devised the scheme to establish a Constitution-free torture and indefinite-incarceration zone at Guantanamo Bay. [...]" Continue reading →

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