In spite of the abysmal unemployment problem in the United States, President Obama was in Texas last week touting his plan to raise the minimum wage to $9 an hour.  Recently, New York, Chicago, St. Louis, and Detroit have seen fast food workers walk off the job and strike demanding higher/… Read full post »

In 1953 the U.S. Central Intelligence Agency at the urging of the British M16 overthrew democratically elected Iranian Prime Minister Mohammad Mosaddegh.  In a declassified report completed in 1954 on the 1953 operation “blowback” for the first time entered the CIA’s lexicon.

A… Read full post »

The biggest problem for free market advocates has always been that the policies we espouse do not play well with the peoples’ emotions.  After all, what sounds better to you?  “Recessions are economic downtowns made necessary by the mal-investment of the preceding phony Fed indu… Read full post »

Politicians and the media have done a great job of convincing ordinary Americans that they know what they are doing when it comes to managing the economy.  Even though they are the ones who got us into our current mess, the electorate continues to send the same pols back to Washington… Read full post »

“That men do not learn very much from the lessons of history is the most important of all the lessons of history.”  These are the simple, yet exceedingly relevant for our times, words of the famous English writer Aldous Huxley.

If only Federal Reserve chairman Ben Bernanke would acqu… Read full post »

As a libertarian I believe that you have a right to live your life as you see fit as long as you don’t violate somebody else’s right to do the same.  Libertarianism represents the only non-coercion political/economic philosophy in the universe.  All other political/economic phil… Read full post »

As someone who has lived in four different countries and traveled to several others over the last eleven years, I can tell you that no people who I have encountered continually demand that their government institutions solve every problem imaginable like Americans do.  From the dangers of electr… Read full post »

Let’s face it, the Obama Administration has pretty much been a continuation of the Bush years.  In Obama’s first four years in office, Americans continued to give up constitutional rights with renewal of the Patriot Act, enactment of the National Defense Authorization Act, and the in… Read full post »

Like most Americans, I didn’t watch the staged media spectacle better known as the Presidential Debate.  It is not just because I didn’t have a dog in that fight; it is because to me the quadrennial political mini-series is nothing more than a rigged, wasteful use of an hour and a… Read full post »

Ambassador Christopher Steven’s assassination on September 11^th in Benghazi, Libya, needless to say, stirred a wide array of reactions from different sources.  There were those that instantly called for war against Libya.  Others, realizing that the deed was a planned attack by a smal… Read full post »

Mitt Romney’s behavior in the last 24 hours has been repulsive.  Faced with an attack from a crowd of angry protestors in Cairo over the release of an anti-Muhammad film in the United States, the U.S. Embassy in Cairo released the following statement in an attempt to appease the mob and… Read full post »

According to data from the Federal Reserve Bank of Philadelphia we are about to enter another recession.  Of course, one would be hard-pressed to convince the over 20 million Americans who remain unemployed or underemployed that the last recession ever ended.  But, I suppose, according to e… Read full post »

On July 2, 1964, President Lyndon Johnson signed the Civil Rights Act of 1964 into law.  The legislation appropriately outlawed discriminatory practices of government based on race, color, religion or national origin.  But, it also outlawed discrimination based on race, color, religion, or… Read full post »

It is very difficult coming to the realization that something or someone you truly believe in, have revered and defended for a long time, and have dedicated your life to following is not what you thought it was and might even be the exact opposite of what you appreciated about it.

… Read full post »

It is no surprise that the main issues of this election cycle are chronic high unemployment, massive budget deficits, and rising health care costs.  Mired in an economic downturn for close to five years now, many commentators agree that the outcome of the presidential election hinges on who vote… Read full post »