The Federal Reserve is no good. Its money monopoly has wrecked havoc for 100 years. So, I welcome currency competition from Virginia, although I’d prefer it came from the free market. That said, the Federal Reserve will continue to dominate as long as legal tender laws are in full effect. Here’s more on the war on the Federal…
How well does Congress reflect the people it “serves” (“rules” might be a better word)? Not very well, it turns out. How else could lawyers make up 37% of the U.S. Congress, both now and in 1789? Not to pick on lawyers either…out of the 209 “businesspeople” in Congress, how many do you think are clerks, bakers,…
And so Saturday mail comes to an end. Is anyone really that surprised? No competition = No reason to innovate or improve service. Where’s Lysander Spooner when you need him? Here’s more on the U.S. Postal Service ending Saturday deliveries at Fox News: The U.S. Postal Service plans to announce Wednesday that it will end…
Professional crisis actors…missing weapons…a second shooter…donation pages created before the massacre? Was there a Sandy Hook conspiracy? Nothing is out of the realm of possibility, but the theories I’m hearing are needlessly complicated. It’s difficult to imagine so many people involved in such a wide-reaching scam. Why go to all that trouble? The FBI has…
It’s been one hundred years since the modern income tax was created, via the 16th Amendment to the U.S. Constitution. Back then income tax rates ran from 1% for annual incomes over $3, 000 to 7% for annual incomes over $500,000 (that’s $11.6 million in today’s dollars!). Current tax rates run from 10% to 39.6%….
Over the past few months, reports of a “student loan crisis” have erupted throughout the United States. But is this really a crisis? Or a student loan conspiracy of epic proportions? The Student Loan Conspiracy? We first visited the student loan issue back in October 2011. To put it simply, the high cost of college…
On March 5, 2011, the U.S. Air Force launched the X-37B Orbital Test Vehicle into low Earth orbit. After more than a year in space, it’s finally returning to Earth. But what was it doing up there in the first place? What is the X-37B Space Plane? The current X-37B mission is scheduled to end…
Two days ago, the Organisation for Economic Co-Operation and Development (OECD) relaunched its “Better Life Index.” According to it, women are generally happier than men and Australia is the happiest country (assuming all categories are equally-weighted). But does happiness research pose a threat to society? What is Happiness Research? Happiness research has exploded over the…