I hope I’m wrong, but unfortunately, I doubt it. We have substituted production with money printing. The other shoe must drop.
Peter Schiff is president of an investment firm and follower of the Austrian School of Economics.
Ron Paul’s HR 1207 Update 4/27
Behind all the great events of history there is a tax story
This is another great Lew Rockwell podcast. Find more here.
Charles Adams, author of For Good and Evil: The Impact of Taxes on the Course of Civilization, speaks about taxes and tax resistance, from the Bible, the Greeks, and through present day.
Obama and Netanyahu: Storm Clouds Ahead?
“A big confrontation is brewing between the United States and Israel’s new government over the Palestine issue.
Since his first days in office, President Barack Obama has expressed clear support for speedy action toward the establishment of a Palestinian state alongside Israel. Since then, he and his key advisers — Secretary of State Hillary Clinton and special envoy George Mitchell — have all quietly but firmly stayed the course in supporting that goal.
Israel’s Prime Minister Benjamin Netanyahu strongly objects. He argues for starting with an ‘economic peace’ for the Palestinians, and discussing sovereignty issues with them only much later — if at all. Though he has stopped short of saying an outright ‘No’ to the Palestinian state idea, his advisers warn that he is adamantly opposed to the emergence of what he and they call ‘another Hamastan.’
Thus far, this disagreement has not erupted into an open confrontation. Netanyahu has, after all, only been in office since Mar. 31. But it may well become more acute during May, when Netanyahu visits Washington.” (Read more from myantiwar.org)
Even a caveman . . .
HR 1207, The Federal Reserve Transparency Act
Ron Paul explains the bill to audit the Fed:
The bill now has 91 co-sponsors! Have you called your congressman?
GM ‘Likely’ to Build in China as U.S. Factories Close
“General Motors Corp., shuttering U.S. plants in a bid to avoid bankruptcy, is “likely” to build a new factory in China on surging demand.” (Read more from bloomberg.com)
Yes we can!
Ron Paul on Obama & Torture
Pets in Peril (politicians gone wild) HR669
One thing I like about Ron Paul’s website, is that all the photos show him in an office, where politicians belong. When they venture out into the world and try to find meaning in their otherwise empty lives, we get wars, social engineering and ridiculous legislation like HR 669.
How to stand up to a suspicionless border patrol checkpoint (and win)
Let it not be said America is a nation of sheep. This man is a wolf.
I sympathize with the BP agent who appeals to the driver at 13:00, but his reasoning is a complete catch-22: Anyone who surrenders their rights and subjects themselves to a search is non-suspicious. Anyone to refuses to surrender their rights is suspicious and must be searched.
Oath Keepers – the dilema of the uniformed
1950’s Vision of Home Computer
Caption: “Scientists from the RAND Corporation have created this model to illustrate how a ‘home computer’ could look like in the year 2004. However the needed technology will not be economically feasible for the average home. Also the scientists readily admit that the computer will require not yet invented technology to actually work, but 50 years from now scientific progress is expected to solve these problems. With teletype interface and the Fortran language, the computer will be easy to use.”
FBI nudges state ‘fusion centers’ into the shadows
April, 2008
“The FBI is pressuring states to become more secretive and limit even routine oversight of the bureau’s data-sharing arrangements with local police, a new document shows. . . . The memorandum, obtained by the Electronic Privacy Information Center and released on Friday, says that any ‘disclosure’ to Congress of information shared with the Fusion Center can happen only ‘after consultation with the FBI.’ . . .
It also says that requests from media organizations even for non-classified material made under Virginia’s open government laws will be referred to the FBI and then strongly opposed.
It also indicates that the FBI is responsible for a Virginia state bill called HB1007 — introduced two days after the FBI signed the memorandum on January 6 — that would exempt the Fusion Center from open government laws.” (Read more from news.cnet.com)
A Recipe for the Next Great Depression
Hoover was not a free marketer. Hoover’s massive intervention sowed the seeds of the Great Depression. FDR’s New Deal did not rescue us from depressions, it prolonged it.
Fast forward to 24:00 for a discussion of the myth that WWII ended the Great Depression.
Confessions of an Economic Hit Man
Some of his statements seem obliquely inaccurate or highly unlikely to me. Nevertheless, this is an interesting talk. Judge for yourself:
“[I will] smash the CIA into a thousand pieces and scatter them to the wind.” ~ John F. Kennedy