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Ludwig Von Mises, the famous Austrian School economist described what he called a "crack-up" boom. We all know that when governments expand the money supply it creates inflation. This is not hotly debated among economists. There are limits to how much and how long governments can intervene to...

Rand Paul traveled to Iowa recently to speak at the opening of his campaign headquarters there. Although the speech was somewhat partisan, it wasn't your typical Republican speech either. But it is likely to be a preview of the kind of campaign Paul will run in Iowa. So is this approach going to...

As the 2016 presidential race is getting into high gear (even earlier than usual), the "smart money" has been on Hillary Clinton and Jeb Bush, but they are already vastly underperforming expectations. It's like pulling teeth for the press to get Hillary to take a stand on just about anything...

Below is a link to a USAWatchdog.com interview with Rob Kirby, who specializes in gold trading and other economic services. Kirby is claiming that the price of physical gold in Asia is AT LEAST 50% above the COMEX price in the US. It should be made clear that the COMEX price is not a price for...

The general view of the public today, and one obviously assumed by mainstream media commentary, is that the US is still a functioning democracy. Ultimately, the people have the final say even if that doesn't always produce the most popular result. However, critics of that view, on both the...

NATO which, of course, means the US, appears to have formulated a new insane policy toward the Ukraine crisis to replace the old, failed insane policy. The new policy is will violate the cease-fire and attack eastern Ukraine once again with an objective of destroying all resistance. The really...

http://www.huffingtonpost.com/h-a-goodman/im-a-liberal-democrat-im_b_6169542.html Here's one liberal Democrat who's so disaffected with Barack Obama and Hillary Clinton that he's ready to support Rand Paul for president in 2016. Anybody here think he's wrong?

Democrats just felt the "six-year itch." The six-year itch is the term given to the tendency of a political party that has held the White House for six years to suffer badly in the mid-term elections. You can trace it back at least as far as Eisenhower when Republicans lost heavily in 1958. The...

I have to say that it is one of the most ignorant claims I have ever heard from a politician, and politicians can be horribly ignorant. But Hillary Clinton is now claiming that businesses do not create jobs...

I don't agree with everything this guy has to say, but then again, I'm not a liberal. Woody Brock is a Keynesian economist and a big supporter of big government. But if you have to be liberal, he's the kind of guy who at least makes economic sense. It's a half-hour long interview but well...

I know you've all been waiting anxiously for my elections predictions. It's October now and very few races change much in the last month. Unfortunately, this is kind of a tough year because quite a few races are too close to call. And I know that such predictions are just a parlor game, but we...

There are a number of threads here that deal with profit, but they have been up so long that they are bogged down in narrow issues. So let me re-new the debate by focusing on the role and functionality of profits. The role of profit for an individual, a partnership, or a corporation is the...

I may not be around to see it, but my crystal ball tells me what the world will be like sixteen years from now, and it suggests some very big changes. Most prominent of these is the collapse of the dollar. The fundamentals of the US economy are disastrous. The major problems are the two big...

http://www.theatlantic.com/health/archive/2012/07/the-startling-accuracy-of-referring-to-politicians-as-psychopaths/260517/ Somehow this doesn't come as much of a surprise given the unreliability of most politicians, but now we've got someone with some credentials who has actually studied the...

Cong. Walter Jones (R. N.C.) and Rep. Steven Lynch (D. Ma.) have co-sponsored a resolution seeking release of 28 pages from the 911 Commission Report that were redacted from the original report and classified by the Bush Administration. Cong. Jones, who has read the report, says he was "shocked"...

So far it appears that Britain, Germany, Australia, and Turkey have come out against any bombing of Syria. Others may yet weigh in. Turkey has explicitly stated that they will not allow the US to use Incirlick air base to carry out the bombings. Meanwhile, the Premier of Iraq has said that he...

Some people here haven't figured out how the MSM in the US is a virtual puppet of the US government. So here are a couple of videos that show otherwise. Jessie Ventura and Denk Yugur were both ditched by the MSM so you might want to claim that this is just a couple of guys complaining that they...

Napoleon once remarked that an army marches on its stomach. So now we have Isis supposedly terrorizing the middle east. But where did these guys come from and, more importantly, how do they stay in business? Let's face it, an army needs to be supplied. They need weapons. They need fuel. They...

Libyan rebels are now paddling around in the US embassy's swimming pool in Tripoli. The US-backed government forces have been all but eliminated, and the US policy there is obviously in a complete shambles. Yemen seems to be little better. The US-backed regime appears to be all but gone there...

There is panic in Kiev these days as the Ukrainian forces have been routed in East Ukraine. Separatist forces have encircled 5,000 Ukrainian troops near Donetsk and another 2,000 further south. Ukraine has no forces available to rescue them. Although Kiev has ordered their troops to fight to the...