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Peter Schiff Investing and Protecting Internationally - Part 2

11 hours 3 min ago
In a nutshell, people think the financial crisis is in our past. It is not. It is in our future. That was the overture to the opera, the beginning. This thing is far from over. It is the people who didn't understand that crisis that are the ones who think we have solved the problem. They never understood the problem in the first place, which is why they were so blindsided by the '08 financial crisis. I understood the problem and that is why I was warning about it for years and that is why I ...

Production Versus Plunder Part 4

Sat, 04/25/2015 - 03:06
Violent overlordship, as we mentioned last week, is not eternal and in fact did not exist for long periods of time. In this week's segment we will describe its beginnings. It is important in our time to understand this. If rulership is eternal and inevitable, as we are taught, then all we can do is fight about how to divide the scraps that our rulers deign to leave us. But if rulership is not inevitable, a new world of possibilities opens to us. Continued from last week... THE RISE OF VIOLENCE ...

A Freed Society Would Not Be Problem-Free

Sat, 04/25/2015 - 03:04
In 1970 country singer Lynn Anderson had a hit recording of a Joe South song that opened with the line: I beg your pardon. I never promised you a rose garden. I often think of that song in connection with the libertarian philosophy. You may be asking: for heaven's sake, why? Because it's what I want to say to people who seem annoyed that freedom would neither cure all existing social ills immediately nor prevent new ones from arising. It's a strange demand to make on a political philosophy ...

News Flash Citigroup Hates Cash

Fri, 04/24/2015 - 03:06
Fractional reserve bankers love money. They don't love cash, in part because it reduces their ability to pyramid loan on top of loan and create new money from which they can extract interest. They have always had to tolerate its existence. Now, with the growing prevalence of negative interest rates, they see a possible solution. The Bloomberg article explains the thought process. Central banks think they can boost the economy by reducing interest rates. This weapon loses effectiveness when rates ...

The Free Market is Solving the GMO Problem

Thu, 04/23/2015 - 03:06
Monsanto and the other genetically modified seed companies insist their products are safe. A substantial number of consumers have their doubts. The number is large enough to have enticed GMO-free food companies to step up their offerings. Alternatives are often more expensive than the GMO versions, but they're available. Consumers in some states have tried to force labeling requirements on GMO products. As we wrote a few weeks ago, the effort is facing fierce industry and political resistance. ...

Police Imposing Death Sentence Without Trial

Wed, 04/22/2015 - 03:06
In our last commentary on police shootings (see Police Deserve No Sympathy Until the Blue Line Breaks), we said police officers are not different from ordinary citizens. This may not be true in Tulsa. At least one deputy sheriff there cannot hear gunshots fired directly over his shoulder. That is certainly different. Forget for a moment the senior citizen reserve deputy who fired the shot in this case, apparently unable to tell the difference between a taser and a gun in his hand. Let's look at ...

Battlefield America The War on the American People

Wed, 04/22/2015 - 03:04
We have entered into a particularly dismal chapter in the American narrative, one that shifts us from a swashbuckling tale of adventure into a bone-chilling horror story. As I document in my new book Battlefield America: The War on the American People, "we the people" have now come full circle, from being held captive by the British police state to being held captive by the American police state. In between, we have charted a course from revolutionaries fighting for our independence and a free ...

Trans-Pacific Partnership Not About Free Trade

Tue, 04/21/2015 - 03:06
Frederic Bastiat supposedly said, "When goods don't cross borders, soldiers will." The quote is certainly true. Free trade between nation-states generally helps both sides prosper. It also reduces the chance of armed conflict. This is why libertarians like free trade. As happens with other good ideas, people with ulterior motives like to hijack "free trade" and twist it for their own enrichment. Modern trade agreements have very little to do with free trade. As the quote above says, it covers a ...

Free-Range Kids and the Kidnapping Nanny State

Tue, 04/21/2015 - 03:05
Parents around the United States are rallying in support of the mother and father of the so-called "free-range" kids, the ten-year-old and six-year-old brother and sister, who were dragged into the national spotlight this year due to the harassment the family has endured at the hands of government officials for the crime of allowing their kids to freely wander the community without adult supervision. It all started in January when bureaucrats employed by Montgomery County, Maryland, one of the ...

Defending the Ethical Enterpriser in an Anti-Business Climate

Tue, 04/21/2015 - 03:04
In spite of the great advances in reducing poverty and increasing the freedom and dignity of hundreds of millions of people around the world, the political and cultural climate virtually everywhere around the world is one of anti-business and anti-capitalism. Yet, it is wherever the forces of free-market capitalism have been set freest, along with a modicum of acceptance and even respect for business enterprise, that the most dramatic strides have been made in abolishing the worst and most ...

Obama The Wire and the War on Drugs

Mon, 04/20/2015 - 03:06
For once, at least, President Obama put his finger on the serious consequences of an ill-conceived government policy. Just look what he told David Simon. The war on drugs is creating "harder criminals" who are unemployable and often offend again. "What we're doing is counterproductive." "The way we treat nonviolent drug crimes is problematic." "It's breaking the bank." Most libertarians agree with Obama on these points. He even gives a little hat-tip to the "libertarian perspective" on the ...

Political Murders in Kiev US Troops to Ukraine

Mon, 04/20/2015 - 03:03
Last week two prominent Ukrainian opposition figures were gunned down in broad daylight. They join as many as ten others who have been killed or committed suicide under suspicious circumstances just this year. These individuals have one important thing in common: They were either part of or friendly with the Yanukovych government, which a US-backed coup overthrew last year. They include members of the Ukrainian parliament and former chief editors of major opposition newspapers. While some ...

Peter Schiff Painful Economic Solutions Bashing Capitalism and Rand Paul Possibilities - Part 1

Sun, 04/19/2015 - 03:06
Nobody wants to run on a slogan of 'Vote for me and I will make you take that bad-tasting medicine that will eventually work.' So people want to pretend, 'Yes, just vote for me and I will cut taxes, eliminate waste, fraud and abuse, and the economy is going to be great.' It's not going to work that way. We need to cut government spending dramatically, restore sound money and then, after a painful recession, the economy will experience a real recovery – the type of recovery that has eluded us all ...

Production Versus Plunder Part 3

Sat, 04/18/2015 - 03:06
Throughout this book, we will generally address specific cultures, to some extent reinforcing the idea that cultures are the natural order of humanity. We will do this because the mass of humanity has indeed organized itself in this way and because it is far more convenient for our purpose of analysis. Nonetheless, it is important to be clear about the fact that culture is not simply a good or preferable thing – culture is also limitation. Once people conceive of themselves as "an Armenian," as ...

Libertarians Out Of Touch Concludes Person Who Wants Hillary Clinton To Be President

Sat, 04/18/2015 - 03:04
MEMPHIS, TN—In a momentous sequence of events, an area man announced Thursday that libertarianism is "totally out of touch with common people" while simultaneously endorsing Hillary Clinton for president. This logic-bending feat was performed by college student Justin Snyder. He went on to claim that libertarians ignore the "painfully obvious" signs that their beliefs are misguided, all the while wearing a "Ready for Hillary" shirt. Since the startling event, scientists are ...

Uncle Sam Wants Your Keys Says Trust Me

Fri, 04/17/2015 - 03:06
Edward Snowden and other privacy advocates urge all citizens to encrypt all communications routinely. This, they say, will force the National Security Agency to abandon its "collect it all" practice. We don't know if that is true or not. We do know that Apple's decision to give iPhone data strong encryption by default has the intelligence community in a panic. Law enforcement leaders don't like the idea, either. The proposed solution is to have technology providers like Apple build a "back door" ...

Americas Coming Crackup

Fri, 04/17/2015 - 03:04
Our government bankers print money today like loons in an asylum spew absurdity. Glib media shills lure us every night into a disgraceful indolence. And our corporations lust like spoiled children after mega-billions of illicit lucre. Cataclysm is coming. No one with a minimal awareness of history, politics and proper economics today has faith that our society can continue much longer at its present level of government privilege and debt accumulation. There is a Grand Piper that must be paid, ...

Police Deserve No Sympathy Until the Blue Line Breaks

Thu, 04/16/2015 - 03:06
TIME invited several top police officials to weigh in on the "lesson" in the recent incident in South Carolina in which a police officer, who has since been charged with murder and is facing life in prison, shot an unarmed, 50-year-old man who was running away from him. All made the politically correct comments, but they still do not understand the problem. Consider Chief Flynn's statement above. You can count the loopholes. He calls for "decisive actions," but only when an officer is clearly ...

GMO Apples Another Frankenfood or a Great Innovation

Thu, 04/16/2015 - 03:04
"An apple a day keeps the doctor away," goes the old adage. But with the advent of genetically modified apples courtesy of our friendly neighbors to the north, many health-conscious Americans worry that soon the opposite might be the case. Here's the story in a nutshell: In February 2015, the USDA approved Arctic® apples created by Canada-based Okanagan Specialty Fruits (OSF) for sale in the US this year. What's so special about these apples is that they won't brown for days after they're slice ...

Rand Pauls Hat in the Ring

Wed, 04/15/2015 - 03:06
And so it begins. Rand Paul is a "sideshow" whose "crankiness" suggests he is "still getting a handle" on running for the White House. NYT writes as if these are problems. The opposite is closer to the truth. Dr. Paul the Younger faces an uphill battle if he hopes to reach the White House. The NYT article focuses on his campaign staff's ability to play the "ground game" and rack up delegates as his father did with well-organized presence in local caucuses and state conventions. The question for ...

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