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Laissez-Faire Today

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10-Year-Old “Doctor” Meets the Rule of Law

From the Tongue-in-Cheek Department of Spy Briefing Books Houston, TX — Police in Houston, Texas, recently charged a 10-year-old girl with aggravated sexual assault. The victim was a 4-year-old boy. The girl had been caught playing doctor with the boy. It is the second such case to be reported in Houston in only a few …

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The Myth About Money, Credit & Gold

The standard version of how money came to be goes like this: First, there was barter. (A handful of nails for a pint of ale!) Then, along came various forms of money. An evolutionary derby eventually crowned gold and silver as the supreme money. And finally, credit (or debt) was born. This is the apex …

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Blinding You With Science

It is such a kick to read the transcripts from the White House’s health care “war room” in the first days of release. What a meltdown, and you get to watch it all in real-time. I’m not trying to be cruel to the kindly despots who have wrecked so much of what worked in the …

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How Useful Is the Second Amendment?

A few months ago at a demonstration against the president of Montreal, Maine and Atlantic Railway, a Canadian citizen made the following claim: “We don’t have guns, we are not Americans, we are civilized.” A few days before, in early July, a train of the company had run away and exploded in Lac-Megantic, Quebec, killing …

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A Barbarous Fed…

Stock investors are still acting as though Janet Yellen will be good for the economy… or at least good for stock prices. Gold investors must think so too. But will she be? Yellen has no business or investment experience. Her entire career has been spent in academia and public policy institutions. She has never started …

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Apparently, American Spying on American Allies Is Bad

From the Tongue-In-Cheek Department of Spy Briefing Books… Washington, D.C. — Sen. Dianne Feinstein (D-CA), chairman of the Senate Intelligence Committee, announced that her committee will hold a “major review into all intelligence-collection programs.” This surprising declaration followed the revelation, through documents leaked by government whistle-blower Edward Snowden, that the NSA has been listening to …

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The World’s Fastest Failure

Obamacare certainly has made history. It has set the record for the fastest-failing Big Government program in world history. This isn’t only about a website flop; it is about the failure of government to accomplish the aims of Obamacare in general, and in a way that has profoundly touched millions of individual lives. “Train wreck” …