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

October 15, 2014

Cost is NOT Price, and Neither Cost, nor Price, are Value

Prices Provide a Misleading Measure of Dollar Devaluation Forbes Magazine Online – Keith Weiner There’s not a human being alive who doesn’t know the dollar is falling. Everyone over 25 has stories of what prices were like, way back when (and younger people have heard them). I remember when gasoline was 60 cents a gallon, […]

• • •

January 28, 2014

Ron Paul: Bitcoin Skeptic

The virtual currency known as Bitcoin is beginning to become accepted by more and more businesses even beyond underground websites such as the recently shuttered Silkroad. Overstock.com is among the more ‘mainstream’ internet retailers to accept Bitcoin (Overstock.com sold $126k in merchandise in Bitcoin the first day of Bitcoin sales) and a few Las Vegas […]

• • •

October 2, 2013

A Simple Question About Motive

The Feds just arrested the owner of Silk Road, a black market web drug marketplace, and seized the domain name. Now, there are obviously a lot of reasons why they’d want to catch this guy. But I was struck by the headline at the above linked article: Feds arrest the alleged founder of Bitcoin’s largest […]

Posted By: Brad Warbiany @ 2:51 pm || Permalink || Comments (4) || TrackBack URI || Categories: Federal Reserve,Monetary Issues,Open Thread,The War on Drugs
• • •

October 1, 2013

Defunding and Debt Limits and Shutdowns Oh My!

Welcome to the sideshow folks… Step right up and enjoy the posturing, rhetoric, and antics of our congressional clown crew… Over to your right you’ll see the amazing vocal endurance of Republican Senator from Texas Ted Cruz as he tosses red meat to the base… … To be serious, there are a large group of […]

• • •

April 8, 2013

Margaret Thatcher Defends her Record and Capitalism Itself

In marking the passing of one of the staunchest defenders of capitalism who held high office, I thought it would be appropriate to post this video of Margaret Thatcher in which she defended her record against her Labour Party critics. In this video, her political opponents thought the income gap grew too much under her […]

• • •

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 […]

• • •

September 4, 2012

Ron Paul Will Never Be President But He HAS Made a Difference

Those who support the establishment of the Republican Party tend to be irritated that Ron Paul’s supporters kept trying to put his name up for nomination against Mitt Romney at the convention in Tampa even though Paul had no realistic chance of winning. Even very early in the campaign, establishment whores such as Hugh Hewitt […]

• • •

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 […]

• • •

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: […]

• • •

March 23, 2012

Walking Dead Economics

My wife and kids got me hooked on a series some of you may have heard of called The Walking Dead (and like the rest of the Walking Dead fans out there, I have to wait until October for the next season to begin as the characters have been left in quite a precarious situation) […]

• • •

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 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 […]

• • •

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 […]

• • •

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. […]

• • •

July 15, 2011

Ron Paul’s First 2012 Political Ad Warns Republicans to Avoid Repeating the Mistake of Trusting Democrats on Taxes and Spending

Can the Republicans trust Democrats and compromise by raising taxes in exchange for spending cuts in this debt ceiling debate? Ron Paul says “no” in his first 2012 political ad. Why not trust Democrats? Ask former President George H.W. Bush what happened to him when he broke his infamous “Read my lips” promise that he […]

• • •

July 13, 2011

A Brief Constitutional Lesson for Congresscritters… Particularly those from Kentucky…

United States Constitution Article 1, Section 7 All bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills. The issuance of debt is a revenue raising measure. The “debt ceiling” is, in fact, legislation initiated in the House of Representatives, which […]

• • •

April 27, 2011

The Inflation Won’t Come From The Fed

Everyone knows the Fed is pushing Quantitative Easing. By that, it means that when America is having trouble selling T-bills at advantageous interest rates, the Fed prints up some money to keep demand. It buys the bonds with newly-printed money. The recent run was $600B or so, and the Fed’s current balance sheet holds about […]

• • •

March 19, 2011

Quote Of The Day

I posted yesterday about Bernard von Nothaus of the Liberty Dollar being convicted. I definitely think the fact support a guilty verdict on the charge of “issuing and passing Liberty Dollar coins intended for use as current money”, but some of the others seem quite a bit ridiculous, such as “conspiracy against the United States”. […]

• • •

March 18, 2011

Liberty Dollar Founder Reportedly Convicted

Hard to believe it was over three years ago, but may of us in the libertarian movement will remember the seizure of the Liberty Dollar holdings/equipment/etc. For those new to the movement, the Liberty Dollar was a metal-backed currency presented as an alternative to traditional fiat currencies, but unlike Gold/Silver Eagles, or Krugerrands, or gold/silver […]

• • •

December 17, 2010

The Trillion-Dollar Zero-Cost Stimulus Program

Want to inject liquidity into the market, support American jobs, and do so without raiding the US Treasury or overheating the printing press? The answer is simple: get out of the way. Now, some may say that’s a libertarian’s answer for everything. And they’d usually be right. But I’m not signing you up for a […]

• • •
Next Page »
Powered by: WordPress • Template by: Eric • Banner #1, #3, #4 by Stephen Macklin • Banner #2 by Mark RaynerXML
Social Media Auto Publish Powered By : XYZScripts.com