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Madison Protests Show State Monopolies Are Unaffordable

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Your Whiskey editor may spend all of his time bouncing between Baltimore and New York, but he is too close to Madison, Wisconsin, for comfort.

A very dear friend hails from Madison. Both her sister and brother-in-law still live in the Madison suburbs and work for the state. Both belong to the union and both have joined the protests.

 
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Created by wantCHANG 50 weeks 7 hours ago – Made popular 50 weeks 3 hours ago
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8

U.S. Government Squeezing Americans to Pay Its Debts

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Anyone aware of the U.S. government’s real financial situation knows that time is running out.

The government has $15.5 trillion in admitted debts but those debts, when calculated under Generally Accepted Accounting Principles (GAAP), or ‘honest accounting’, is over $70 trillion.  $70 trillion divided by 300 million+ Americans works out to $233,000 per person in U.S. federal government debt and obligations.  Or nearly $1 million per family of four.

That does not included personal debt, state debt or municipal debt.

 
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Created by 12monkeys 36 weeks 19 hours ago – Made popular 36 weeks 18 hours ago
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6

It’s Treason to Disagree

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A horrifying aspect of modern life is how nearly daily threats to fundamental freedoms and human rights nearly require that citizens become politically aware and active.

Here we are struggling to put food on the table, cultivate a civilized private life, support things we care about, manage our households, and otherwise meet all the challenges of modern life, and then some jerk politician pushes some dangerous legislation that poses an all-out attack on everything we take for granted.

 
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Created by beet 6 days 18 hours ago – Made popular 6 days 17 hours ago
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6

The Fed’s Men Behind the Curtain

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The debate about the Fed is under way, and thank goodness. But as with many policy debates, there really shouldn’t be a debate at all. That’s because, if you think about it, the idea of central banking makes no sense.

 
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Created by CallPut 6 days 18 hours ago – Made popular 6 days 18 hours ago
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6

Power vs. People in the Digital Age

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The government seems determined to turn out the lights on the digital age. And this is with or without SOPA or the other bills that were only this week shouted down by the global digital community on Blackout Wednesday. The very next day, after support for that legislation collapsed after an impressive mass protest, the FBI and the Justice Department demonstrated that they don’t have to pay any attention to all this silly clamor. Congress, legislation, polling, debates, politicians, the will of the people — it’s all a sideshow to these people.

 
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Created by up1Level 6 days 18 hours ago – Made popular 6 days 18 hours ago
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6

Why Capitalism Is Worth Defending

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As Obama demonizes the wealthy and pitches a dozen plans to restructure the economy, opponents of this program need a reminder of what exactly we’re fighting for. We are resisting bureaucracy, central planning, and encroachments on our freedom and communities. Yet this does not get to the heart of the matter. We are not only an opposition movement, countering the president and his partisans’ agenda. More fundamentally, we stand in defense of the greatest engine of material prosperity in human history, the fount of civilization, peace, and modernity: Capitalism.

 
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Created by 12monkeys 26 weeks 7 hours ago – Made popular 26 weeks 7 hours ago
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6

Fun with Customs and Border Guards in the U.S. and Canada

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“Sir, you can go ahead and button your shirt back up,” said the TSA agent.

We’d only been trying to help. We were passing through Houston on our way from Acapulco to the Agora Financial Symposium in Vancouver.

We’d opted out of the Rapiscan irradiation machine and so had to be felt up by an agent. We meant to call attention to how absurd the entire security theory was by playing the part of compliant victim with scorn in his eyes. So we slowly stripped until we were told to stop. We only got as far as unbottoning our shirt.

 
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Created by zafool 26 weeks 8 hours ago – Made popular 26 weeks 7 hours ago
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6

Intellectual Inertia and Keynesianism

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Anarchists face many challenges establishing a state-free society. One of the main challenges we face is the fact that an idea that is widely held will continue to be widely held. This intellectual inertia causes false, pro-state ideologies to be established and propagated long after they have been disproved. An excellent example of this is Keynesianism, which is used to justify some actions of the state. It was exploded by the stagflation of the ‘70′s, but it is still the most taught macroeconomic theory.

 
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Created by CallPut 34 weeks 1 day ago – Made popular 34 weeks 1 day ago
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6

The Timeliness of Another Ron Paul Presidential Bid

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At 7:00 a.m. EST, Dr. Ron Paul announced his U.S. presidential candidacy. When asked why he’s running yet again, Dr. Paul answered, “Time has come around to the point where the people are agreeing with much of what I’ve been saying for 30 years. So, I think the time is right.”

That may be true. More people are asking about the size and scope of the federal government. The Chairman of the Federal Reserve is giving press conferences and being asked tough questions. Government deficits are getting plenty of attention.

 
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Created by sthgood 38 weeks 5 days ago – Made popular 38 weeks 5 days ago
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6

Freedom Naturally: A Review of Morris and Laura Tannehill’s “The Market for Liberty”

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It is at times useful to imagine how a truly laissez-faire society, one entirely emancipated from the shackles of state coercion, might exist and operate. Morris and Linda Tannehill examine this very idea in, The Market for Liberty: Is Government Really Necessary?

 
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Created by doubledigit 39 weeks 18 hours ago – Made popular 39 weeks 16 hours ago
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6

The True Nature of Taxation

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Nobody really likes paying their taxes. But, as the old adage about “death and taxes” conveys, there is a sense that taxes are as legitimate and as inevitable as death itself. In their acceptance of taxation, many well-meaning people forget that taxation violates our most basic moral principles.

If you have ever been to a kindergarten or a playground where very young children play, you might have realized that, although the kids are too young to understand many things, they already have a surprising sense of justice.

 
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Created by beet 41 weeks 14 hours ago – Made popular 41 weeks 14 hours ago
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6

A Self-Employed Carpenter’s Thoughts on the Future

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The world is changing. Currently, as a nation, we have a large and well-trained section of our work force dedicated to residential construction. Unemployment within the construction industry now exceeds 20%. That number takes into account only workers getting unemployment compensation. There are also many self-employed individuals, ineligible for unemployment compensation, who have simply run out of customers and work.

 
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Created by giveortake 52 weeks 16 hours ago – Made popular 52 weeks 16 hours ago
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5

Ninety-Nine Years of Evil

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Today is the 99th anniversary of the signing of the 16th Amendment to the Constitution. It enshrined into law an idea that stands in total contradiction to the driving force behind the American Revolution and the whole idea of freedom itself.

 
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5

With Gold At New Highs It’s Time To Stock Up On Silver

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Slow news day, huh?

We are kidding, of course, good patrons. There’s been some pretty big news.

The  S&P was forced to admit what we fringe pundits and kibitzers have been saying for years: U.S. debt is not quite as sound as the official ratings agencies would like you to believe.

The S&P 500, Dow and Nasdaq all took the official admission pretty hard. The S&P and Nasdaq are down 5%, the Dow nearly 4%.

 
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Created by CallPut 26 weeks 7 hours ago – Made popular 26 weeks 7 hours ago
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5

Amazing Power

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The budget deal is all but done. Woohoo!

Back to spending beyond our means again. Back to buying more iPads. Back to more public work projects.

What a huge relief it is to get that silly spending cap out of the way.

Or… is it?

The deal making its way through congress would provide for an immediate $400 billion increase in the borrowing cap. Then they’ll kick in an additional $500 billion cap increase this fall.

 
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Created by elitetrader 26 weeks 7 hours ago – Made popular 26 weeks 7 hours ago
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5

Client Number 9 And The Myth of Deregulation

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“Everyone is entitled to their own opinions, but they are not entitled to their own facts.” — Daniel Patrick Moynihan

So Friday night, I leave on HBO after a preview of Cowboys and Aliens… Film looks great, but big mistake for not hitting the power button after the preview was over…

Eyes blood shot and in the final sentences of my graduate thesis, I look up. There’s Bill Maher sitting with three guests representing the nation’s political spectrum.

 
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Created by street888 26 weeks 7 hours ago – Made popular 26 weeks 7 hours ago
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5

There Were No Anarchists In The Vancouver Riots

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Having lived for more than a decade in Vancouver, Canada, but having defected years ago, I watched with some interest the riots of the other night.

For those that missed it, the Vancouver Canucks hockey team lost game 7 of the Stanley Cup Finals and soon after much of downtown Vancouver was on fire – cars flipped, shops burned, fights and
more.

I was there, living downtown, for the last hockey riot, in 1994.  I remember well the smell of tear gas and watching the battle below from my apartment.

 
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Created by 12monkeys 33 weeks 5 days ago – Made popular 33 weeks 5 days ago
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5

Why TSA, Wars, State Defined Diets, Seat-Belt Laws, the War On Drugs, Police Brutality, and Efforts to Control the Internet, Are

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The title of this article encompasses topics that arouse attention and criticism among persons of libertarian persuasion. The discussion of such matters usually treats each issue as though it were sui generis, independent of one another. Most of us respond as though the woman who is groped at the airport has no connection with the man who is tasered by a police officer; that the person serving time in prison for selling marijuana is unrelated to the men being held at Guantanamo.

 
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Created by giveortake 34 weeks 5 days ago – Made popular 34 weeks 4 days ago
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5

The Government Is Actually Destroying Jobs

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The last few years as an executive in a manufacturing company gave me a frighteningly close look at the inner workings of regulators in our government. Maybe I’m just naïve, but what I discovered was shocking.

 
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Created by JerryTs 36 weeks 5 days ago – Made popular 36 weeks 5 days ago
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5

Silver Update

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