Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

January 21, 2013

Recovered from the Memory Hole: Inaugural Rhetoric vs. Reality

Expect more of the same.

• • •

January 3, 2013

More Than One Class of Parasite

The welfare state is a problem in America, there’s no question about it. When you have a country were nearly 49 million people are dependent on food stamps as of this writing, that is a problem. We libertarians as well as conservatives lament the growing welfare state because of what it is doing to the [...]

• • •

December 5, 2012

Your Incredibly Stupid Progressive Economic Propaganda for the Day

There is so much economic ignorance/stupidity in this video (below), I wouldn’t even know where to begin. John Maynard Keynes himself would probably be embarrassed by this video courtesy of the California* Federation of Teachers and narrated by the great economist of our time Ed Asner. I don’t have much else to say about this [...]

• • •

October 11, 2012

Atlas Shrugged Part II in Theaters This Weekend

Atlas Shrugged Part II is opening this weekend. Want to check it out? Follow this link to find a theater near you. And now, the official Atlas Shrugged Part II trailer:

• • •

August 11, 2012

Recovered from the Memory Hole: Rep. Paul Ryan Urges Congress to Pass TARP

Mitt Romney has selected Rep. Paul Ryan (R-WI) as his running mate with great fanfare among conservatives. Paul Ryan, someone with some fiscal sanity on a major political ticket who can offer an alternative to President Obama and his big government, big spending ways. Well, not so fast. Not too long after the news of [...]

• • •

April 24, 2012

Open Thread: If I Wanted America to Fail… has released a great video (above) called “If I Wanted America to Fail.” It’s a pretty decent list of policies one would want to implement to cause America to fail but it’s far from complete. Here are a few suggestions of my own: If I wanted America to fail, I would want congress to [...]

• • •

February 29, 2012

Ron Paul at His Very Best Confronting Ben Bernake

If Rep. Ron Paul has accomplished anything in his 2008 and 2012 presidential campaigns it would be the way he has educated the American public about monetary policy and the Federal Reserve. I’ve listened to on line lectures from the Cato Institute and read about monetary policy but more often than not its either over [...]

• • •

November 2, 2011

The Challenge of Creating an Economically Sound, Simpler, and More Just Tax Code (Part 3 of 3)

Part 1 Part 2 The challenge of creating an economically sound, simpler, and more just tax code, be it the existing code, 9-9-9, a flat tax, or a sales tax will remain an impossibility if tax revenues is the only focus of any reform. The problem that dwarfs any notion of how tax policy is [...]

• • •

The Challenge of Creating an Economically Sound, Simpler, and More Just Tax Code (Part 2 of 3)

Part 1 Is an economically sound, simpler, and more just tax code even possible? The truth of the matter is that there are too many people on the Left and the Right who do not want a simpler tax code that treats everyone equally. It’s probably not because the defenders of the existing system necessarily [...]

• • •

October 31, 2011

Peter Schiff to OWS: “I Am the 1% Let’s Talk”

Here’s a very fascinating video taken at New York’s Zuccotti Park where Peter Schiff has a dialogue with some of the Occupy Wall Street protesters. Schiff brought a sign that read “I Am the 1% Let’s Talk,” and talk they did. One of the things that occurred to me watching this was how little true [...]

• • •

October 18, 2011

Ron Paul Unveils “Restore America” Plan

LAS VEGAS – Republican presidential candidate Rep. Ron Paul unveiled his economic “Plan to Restore America” in Las Vegas Monday afternoon, calling for a lower corporate tax rate, a cut in spending by $1 trillion during his first year in office and the elimination of five cabinet-level agencies.” […] Paul does get specific when he [...]

• • •

Government IS the Solution…Apparently

From Anarchists Against Collectivism

• • •

September 26, 2011

Gary Johnson and Ron Paul CPAC Speeches

The 2012 G.O.P. candidates each gave speeches at CPAC following the debates. Below are the speeches from Gary Johnson and Ron Paul. The first video is Johnson’s presentation before perhaps the largest audience he has had in awhile. Johnson spends a good part of his presentation introducing himself before giving an overview of his proposals. [...]

• • •

September 13, 2011

Don’t Bother with the Fine Print, Just Pass the Bill

The title of this post ought to be a red flag no matter who the president is or what your political persuasion. President Obama is demanding that congress pass his “American Jobs Act” in front of supportive crowds of people who I am sure have taken the time to read the whole bill and understand [...]

• • •

August 5, 2011

SP Lowers the U.S. Debt Rating

The Standards and Poor rating service has downgraded the U.S. Federal Government’s bonds to AA+ status. This action long overdue does not go far enough. To understand the meaning of this, we should first understand the meaning of the S&P ratings. The ratings indicate several things: 1) The likelihood of a default – the debtor [...]

• • •

June 9, 2011

Auto Bailout; Can’t Prove A Counterfactual, But You Can Infer

So the big debate is whether the gov’t should sell their post-IPO shares in GM. At current prices, they’d [unsurprisingly] be losing money on the sale, compared to the amount put up in the bailout. So we have to ask — was it worth it? To determine that, we can’t base our entire calculation on [...]

• • •

June 7, 2011

How To Deal With A Stalled Economy

I’ve been spending an inordinate amount of time reading 74 pages of forum posts on an pilot’s message board discussing the crash of Air France flight 447 several years ago. Fascinating stuff. It’s the tale of pilots faced with a situation of mechanical failure, but even worse, a situation which they misdiagnosed and thus took [...]

• • •

June 4, 2010

Employment 10% Below Where It “Should Be”

There is always danger is using trendlines as an analysis of what things “should” do, because past performance may not entirely reflect future situations. But I thought the below was incredibly striking. My first response was… “WOW! That looks bad!” My second response was “I wonder if the demographics of the baby boomer generation retiring [...]

Posted By: Brad Warbiany @ 10:34 am || Permalink || Comments (5) || TrackBack URI || Categories: Credit Crisis,Economics
• • •

June 1, 2010

Strategic Default – Not Good, But Sometimes Necessary

The big one making the rounds today is the NYT story on people who’ve simply stopped paying their mortgages, living in their houses for free, waiting on the potential eventual foreclosure machine to spit them out whenever it gets around to it (which isn’t happening quickly). Quite a few folks (TJIC, James Joyner) are weighing [...]

Posted By: Brad Warbiany @ 3:02 pm || Permalink || Comments (7) || TrackBack URI || Categories: Credit Crisis,Economics
• • •

May 13, 2010

Prosecutors Ask If Congress Duped CBO To Obtain Favorable Score

Okay, that’s not true. But it’s no different than this: Prosecutors Ask if 8 Banks Duped Rating Agencies Wall Street played a crucial role in the mortgage market’s path to collapse. Investment banks bundled mortgage loans into securities and then often rebundled those securities one or two more times. Those securities were given high ratings [...]

• • •
Next Page »
Powered by: WordPress • Template by: Eric • Banner #1, #3, #4 by Stephen Macklin • Banner #2 by Mark RaynerXML