As Leviathan moves relentlessly ahead, continuing to strip natural rights and freedoms from citizens, it is useful to review what rights have been lost. Too often we focus on the next right or liberty under attack. Knowing where government is currently focused and the rate at which it is moving, should sicken anyone who understands freedom and its necessity for a [...]
Recent action is gold has been disappointing and perplexing. Central banks print money furiously in order to enable their bankrupt sovereigns to survive. Yet, gold is plunging when one would have thought it should be soaring. The purpose for holding gold is to protect against currency moving toward its intrinsic value of zero. Yet just the opposite seems to be [...]
Gary North provides the QOTD: When a profit-seeking firm sees that no one wants its services, it finds ways to lower prices and improve services. The United States Postal Service does what government agencies do: it raises prices and cuts services.
I am not a prepper in the traditional sense of stockpiling food, guns and the like (although my wife has some tendencies in that direction). I have always considered myself a financial prepper, however. Is there a disconnect between being one and not the other? I don’t know. When I saw the following, I was attracted by the title which [...]
Ruger is coming out with a new pistol in honor of the United States Senate and House of Representatives. It will be named the “Congressman.” It doesn’t work and you can’t fire it.
The election is over and now, as Frank Knight once observed, “We have to adapt and overcome, that’s all we can do.” That may be harder to accomplish than Professor Knight could have imagined. To put the task into perspective, the following list of forty outcomes during President Obama’s first term, puts the magnitude of the task into perspective. The [...]
A friend of this site and occasional contributor is P. W. Dunn. Mr. Dunn blogs at righteousinvestor.com. He left the US in response to rising taxes and decreasing freedoms. Here are some pertinent comments from his vantage point in Canada: New comment on your post “Businesses Begin To Walk Down John Galt’s Path” Author : P. W. Dunn Not just American [...]
Little this administration does is open or transparent. Executive orders have reduced if not eliminated much of the role of Congress. And, now this email warning from a friend: The Full Article Here: http://www.reuters.com/article/politicsNews/idUSTRE59E0Q920091015 U.S. reverses stance on treaty to regulate arms trade WASHINGTON (Reuters) – The [...]
Almost one year ago (Nov. 3, 2011), I published a piece entitled Hangover From Hell that was highly critical of the approach to economic policy being applied around the world. Sadly, the policies have not changed since that article. Nor have these policies revived economies. Indeed things have gotten worse! Both the US and Europe have administered more alcohol to [...]
The rise and fall of countries has everything to do with the industriousness of its people. Wealth is created only by the productive sector, not by government. Governments grow large and powerful only by exploiting the wealth creation of the productive sector. Large and powerful governments are generally signs of wealthy nations. They are also signs of wealthy nations who [...]
The shadowy past of our current president continues to trouble. Millions of dollars have apparently been spent in an effort to keep ordinary information under cover. Based on what is known about the President of the United States, any self-respecting, competent “I-built-that” company would be afraid and perhaps unable to hire Obama even for a role as a janitor. There [...]
Doug Ross expands on my recent piece regarding the bankruptcy of government and how that will destroy the country. I particularly enjoyed the image below. Kryptonite to Democrats You and I know it as math. Monty Pelerin, writing at American Thinker, offers some sobering factoids that highlight how desperate a fiscal situation the United States is in. • “The official federal debt is [...]