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    • Free Talk Live 2014-12-21
      Study asks, is porn contributing to the decline in marriage? :: Marriage Decline Due to Govt Involvement? :: Tom Upset At Cops :: From Apathy to Anger to Action :: Brown vs Garner :: Fear of Risk :: Seeking Security Over Freedom :: Spoiled Americans :: Should the Free State Project continue past its goal? :: Vasectomy :: Atheist Ten Commandments :: Open Mind […]
    • Free Talk Live 2014-12-20
      Seasteading Institute vs FDA? :: Legal Opinions Vary :: Regulations vs Certifications and Industry Standards :: Seasteading vs Free State Project :: Economic Freedom :: What Ron Paul Wants for Christmas :: Cuba US Relations :: The Pope :: Naive Al :: Terrorism :: Police Not Protecting :: Monopoly Police :: North Korea :: Cops Killed :: Corporations and Cuba
    • Free Talk Live 2014-12-19
      Obama Gets Something Right - US Loosening Restrictions on Cuba :: Who could be upset about this? :: Rand Paul Sides With Cuban Freedom :: Corporations to Open in Cuba? :: Tk Er Jrbs :: Sony to Release the Interview :: Cuban Central Bank Conspiracy :: Bitcoin Entrepreneur Charlie Shrem Sentenced to Prison :: College Girl Sues Parents for Tuition, Wins
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    • Could an Energy Bust Trigger QE4?
      In a normal economic times falling energy costs would be considered unadulterated good news. The facts are simple. No one buys a barrel of oil to display above the mantle. No one derives happiness from a lump of coal. Energy is simply a means to do or get the things that we want. We use it to stay warm, to move from Point A to Point B, to transport our goods […]
    • Fed Statement Stretches "Considerable" Considerably
      Apparently Bill Clinton, the man who helped us ponder what the meaning of "is" is, now writes statements for the Federal Reserve. With the economic statistics apparently painting a rosy economic picture (In my opinion: ignoring the more numerous data points evidencing the opposite), I feel the majority of observers believed that the Fed would final […]
    • Black Gold Loses Glitter
      The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector investments. Economists are scratching their heads to determine if the drop is good or bad for the economy or whether cheap oil will add to or decrease unemployment, or […]
    • Data Driven or Driven Data
      There can be little doubt that data releases rather than experience or intuition are driving the economic conversation. This is perhaps a function of the disconnection that many people feel about an economy that they no longer understand. Rather than trusting their own eyes or their own gut to form an opinion, it's much easier to grab a set of convenien […]
    • Fed Yearns for Higher Inflation to Disguise Asset Bubbles
      This morning a contributed article by Peter Schiff, CEO of Euro Pacific Capital, and author of The Real Crash - America's Coming Bankruptcy, ran in the Washington Times. The piece sheds important light on how the Federal Reserve's attitude regarding sub 2% inflation has changed significantly over the years. He makes the case that the Fed's con […]

Atlas Shrugged Quote of the Week

“The source of property rights is the law of causality.  All property and all forms of wealth are produced by man’s mind and labor.  As you cannot have effects without causes, so you cannot have wealth without its source: without intelligence.  You cannot force intelligence to work: those who’re able to think, will not work under compulsion; those who will, won’t produce much more than the price of the whip needed to keep them enslaved.  You cannot obtain the products of a mind except on the owner’s terms, by trade and by volitional consent.  Any other policy of men toward men’s property is the policy of criminals, no matter what their numbers.  Criminals are savages who play it short-range and starve when their prey runs out – just as you’re starving today, you who believed that crime should be ‘practical’ if your government decreed that robbery was legal and resistance to robbery illegal.

“The only proper purpose of a government is to protect man’s rights, which means: to protect him from physical violence.  A proper government is only a policemen, acting as an agent of man’s self-defense, and, as such, may resort to force only against those who start the use of force.  The only proper functions of a government are: the police, to protect you from criminals; the army, to protect you from foreign invaders; and the courts, to protect your property and contracts from breach of fraud by others, to settle disputes by rational rules, according to objective law.  But a government that initiates the employment of force against men who had forced no one, the employment of armed compulsion against disarmed victims, is a nightmare infernal machine designed to annihilate morality: such a government reverses its only moral purpose and switches from the role of a protector to the role of man’s deadliest enemy, from the role of policeman to the role of a criminal vested with the right to the wielding of violence against victims deprived of the right of self-defense.  Such a government substitutes for morality the following rule of social conduct: you may do whatever you please to your neighbor, provided you gang is bigger than his.” – John Galt

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