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

May 19, 2012

The rEVOLution After Paul

With Congressman Ron Paul’s third presidential run and career coming to an end, what will become of his rEVOLution he inspired? Prior to the 2012 campaign, some suggested that former New Mexico Gov. Gary Johnson would be the “next” Ron Paul but with Johnson running as the Libertarian Party nominee after being mistreated by the […]

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April 13, 2012

Milton Friedman on Libertarianism and Humility

On August 14, 1990, Milton Friedman gave a speech at the International Society for Individual Liberty’s 5th World Libertarian Conference on the subject of libertarianism and humility. There are many adjectives which can be ascribed to libertarians but “humble” usually isn’t one of them. Among the quotable parts of the speech, Friedman said the following: […]

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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 […]

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December 1, 2011

National Defense Authorization Act Passes Complete With Indefinite Detention Provisions

Despite some valiant efforts of a handful of senators, the National Defense Authorization Act for FY 2012 passed by an astonishing 93-7 vote. Earlier today, Sen. Dianne Feinstein offered yet another amendment to the bill that would have limited the military’s jurisdiction to detain suspects captured outside the U.S.; the amendment failed by a narrower […]

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November 28, 2011

Book Review: Slackernomics, by Dale Franks

Those of you that have been around the libertarian blogosphere for any length of time will recognize the name Dale Franks. His main writing gig is over at QandO, where he spends the bulk of his time writing about the economy. In addition, he’s a bit of a gunblogger, and runs a separate blog for […]

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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 […]

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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 […]

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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 […]

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October 27, 2011

The Challenge of Creating an Economically Sound, Simpler, and More Just Tax Code (Part 1 of 3)

If there is one positive thing Herman Cain has contributed to the national debate it would be this renewed discussion about tax reform. While I am skeptical of some of the specifics of his 9-9-9 plan, if nothing else, Cain has forced the other candidates to come out with proposals of their own. Gov. Rick […]

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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 […]

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Government IS the Solution…Apparently

From Anarchists Against Collectivism

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October 12, 2011

Herman Cain is Either a Liar or Has a Very Short Memory

Just when I was starting to give Herman Cain another look, he lies to Rep. Paul’s face in last night’s debate concerning comments he made concerning the need to audit the Federal Reserve. Yeah, there goes crazy Uncle Ron again with these crazy misquotes he picked up off the internet! I’m not sure if the […]

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September 28, 2011

Solyndra: Delusions Of Grandeur, Or Just Colossal Balls?

Wow. It’s one thing to carry the necessary delusion that comes with most people in a startup… That self-delusion, the belief that you can’t fail (despite the high proportions of startups that fail), is what is required to overcome the often monumental odds most startups face. But is it merely delusion to submit THIS* to […]

Posted By: Brad Warbiany @ 3:05 pm || Permalink || Comments Off || TrackBack URI || Categories: Fiscal Policy,Government Incompetence,Government Waste,Hubris
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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. […]

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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 […]

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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 […]

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August 1, 2011

The 2-Minute Budget Deal Reaction: Open Thread

So I’ve had a tiny bit of time to reflect on the budget deal. Here are the key points: $900B in immediate cuts [1/3 to defense], coupled to a $900B immediate debt ceiling increase. Additional $1.2T-1.5T debt ceiling increase IF Congress either passes a balanced budget amendment or a bipartisan commission creates a debt reduction […]

Posted By: Brad Warbiany @ 11:03 am || Permalink || Comments (10) || TrackBack URI || Categories: Fiscal Policy,Open Thread,Politics,Taxation,Tea Party
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July 27, 2011

Social Security Trust Fund: Accounting Kabuki

The looming government debt ceiling crisis has cause Obama to threaten inability to pay Social Security checks. It’s renewed the debate, which I’ve hashed out many times (here, here, here and here, for posterity’s sake), whether the Social Security “Trust Fund” is a veritable asset or merely a convenient accounting fiction used to hide deficits. […]

Posted By: Brad Warbiany @ 3:51 pm || Permalink || Comments (5) || TrackBack URI || Categories: Fiscal Policy,Government Transparency,Taxation,The Welfare State
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July 19, 2011

Quote of the Day: Wet Blanket Edition

President Obama and his sycophant Keynesian friends in the MSM can’t quite figure out why his policies haven’t improved the economy. Maybe President Obama should listen to an actual job creator, Steve Wynn to get some clue about why businesses aren’t expanding. Here is an excerpt from Wynn from a recent conference call where he […]

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July 14, 2011

Kevin Drum Is An Innumerate Hack

Kevin Drum don’t grok numbers. I think we all knew that. But occasionally he goes so far over the edge that it calls for correction, and today’s one of those days. Kevin has taken a handy chart (originally here), and drawn some trendlines onto it to proclaim that we don’t have a spending problem at […]

Posted By: Brad Warbiany @ 1:34 pm || Permalink || Comments (5) || TrackBack URI || Categories: Economics,Fiscal Policy,Taxation
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