Category: Aggregated

Paul Krugman’s obsession with Ron Paul has not stopped. In a new post at NYT, he doubles down on his charge that Ron Paul’s warning about price inflation makes him Bernie Madoff-like: It seems increasingly clear to me that what we’re looking at here has nothing to do with intellectual discourse as we normally understand it. It is, instead, about tribal identities: there’s a certain kind of person who rails against policies that debase the dollar, and that kind of person admires others who do the same no matter how wrong their predictions and disastrous their financial advice. As I … Continue reading →

The siege of Knightsbridge is both an emblem of gross injustice and a gruelling farce.  For three years, a police cordon around the Ecuadorean embassy in London has served no purpose other than to flaunt the power of the state. It has cost £12 million. The quarry is an Australian charged with no crime, a refugee whose only security is the room given him by a brave South American country. His “crime” is to have initiated a wave of truth-telling in an era of lies, cynicism and war. The persecution of Julian Assange is about to flare again as it … Continue reading →

Meet 31-year-old Dan Price. Dan is the CEO of Seattle-based credit card payments processing firm Gravity Payments, and three months ago, he did a funny thing. After talking with a friend who confessed to having difficulties making student loan payments and rent each month on an annual salary of $40,000, Dan decided to set a $70,000 per year pay floor at Gravity. Dan was not, The New York Times says, looking to insert himself into “the current political clamor over low wages or the growing gap between rich and poor.” All he wanted to do was improve the lives of … Continue reading →

Even though it is true that the government currently bans all kinds of things, I am asking a serious question. Let me expand and clarify it. Is the federal government authorized by the Constitution to make illegal the possession of any substance that it deems it to be harmful, hazardous, immoral, addictive, threatening, damaging, injurious, destructive, unsafe, or dangerous to an individual or to society? I am not talking about state governments—that is a separate issue. I am talking about the U.S. national government that was set up by the Constitution in 1789. The Constitution that was amended in 1791, … Continue reading →