Let’s begin, shall we?
- Under language approved 19 to 10 by a House committee, the firm that sells you Internet access would be required to track all of your Internet activity and save it for 18 months, along with your name, the address where you live, your bank account numbers, your credit card numbers, and IP addresses you’ve been assigned. (source) The next time you hear that Republicans are small-government conservatives, you don’t have to go to the dimension of war to prove it is true. This bill is atrocious in its overbreadth and danger to privacy rights.
- The most immoral and disgusting wartime display of power ever to occur is being revered once again today in all corners of American “patriotism.” This is the day that the U.S. indiscriminately killed men, women, and children, combatants and noncombatants alike, using the atomic bomb, without needing to do so to end World War II in the Pacific Theater. How Christians can still defend the practice is beyond men of moral understanding of war and the hypocrisy of American imperialism.
- Democracy is not freedom, and freedom is not democracy. South Africa is a perfect example. More to come on that soon…
- My two cents about the debt ceiling: all the political posturing is annoying and just that: posturing. There is nothing truly ideological about it, as history shows. Yeah, taxes on the rich is the standard line. The problem is that, though not though the income tax necessarily, the U.S. soaks its rich with a tax burden greater than most industrialized countries. Okay lefties. You want to help the government pay its bills and “help the world”? Nothing is stopping you. The debt is really at somewhere around $100-200 trillion, though, and rising. Pay all you want, stomp and cry that people aren’t paying enough to the government for programs that don’t work or promote economic growth. Nothing will change the fact that the expenditures cannot be paid for no matter who is taxed. 10x our economy will need to be paid within 25 years. 3x the world economy. How long has it taken either to build to today, and wee need 10 or 3 more, respectively, to pay for this stuff? Who is radical now…?
- When people hear I am a libertarian, they immediately think of Milton Friedman. I can’t say I don’t love the man, but I think there are significant weaknesses in his ideological roots that are nicely explained here. Luckily for all of us, toward the end of his life, Friedman looked more and more at rejecting monetarism and central banks, making his stress on economic freedom more powerful than it ever had been…
- In the U.S., serious regulations disallow bankers from profiting in the investments they make for clients. As seen in 2008, this can result in bankers passing off risks quite lightly, which can create widespread bank insolvency. Haven’t you ever wondered how Swiss Banks never go under? They don’t have those regulations.
- Neo-Keynesianism has exposed the truism that we are in a new economic age by which the Federal Reserve has a choke-hold on the national and even worldwide economy. And since they do not seem to know what they are doing, that probably isn’t a good thing…
- Wiretapping laws continue to impose harsh punishments on citizens for taping interactions with the police, obviating the number one defense against abuses of power. We are talking 15 years in prison for taping police. Are we in a tyranny yet?
- Global warming computer models were shown recently to be incorrect to a significant degree. Faith like that can’t be shaken easily, though…
- An overwhelming amount of economists across the spectrum believe that the minimum wage is bad economics and increases unemployment, especially among the poorer groups. Are they crazy?
- Big government does hurt the average guy, all in the name of helping him. Truckers are pretty average, right? Things are pretty bad for them thanks mainly to government intervention.
- Turns out that the human brain sucks at probability calculation. For example, the Monty Hall Problem – you are given three doors to choose from and choose door A. Door C opens to show you that it does not contain the prize behind it. Should you switch? Yes. Doing so imprives your odds from 33% to 50%. Weird, but true. Learn it; Know it.
- Matt Damon is preeeeetty pretty pretty smart with his big words and populist leanings:
I will say, the interviewer chick did a poor job defending her views during the interview, but whatever.