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Laissez-Faire Today

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Deja Vu…All Over Again!

News hit the wires over the weekend that the Republic of Cyprus would begin stealing money from depositors in order to resurrect confidence in its flailing banking system. They want to avoid a crisis, in other words, by creating exactly the kind of uncertainty in which crises thrive. “More likely,” observes Spy Briefing Books’ Jeffrey …

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Deposit Taxes: Should We Prepare?

There’s no way it could happen in the United States. That’s the conventional wisdom on this side of the pond about the ECB’s bailout of the banks in Cyprus. That caper looks as if it may take a chunk out of the hides of at least some bank depositors on the tiny Mediterranean island. So …

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Amazing Gizmos but Depleted Capital

Americans today live like there’s no tomorrow. You can see this in the data regarding retirement. People behave like they will never retire, and the prophecy is self-fulfilling. Under these conditions, they won’t. A new survey shows that 57% of households have less than $25,000 in total household savings and investments. And the trend line …

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The 10th Anniversary of the Iraq War

“Active duty military personnel in uniform, and people needing a little extra time or assistance, are free to board at this time.” U.S. Airways from Washington to Charlotte accorded the same treatment to soldiers as to people on the short bus… cripples and mental defectives. And why not? The men and women who served in …

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None Dare Call It Theft

The euro elites don’t call it theft or robbery or even a tax, much less an outright default by the banks of Cyprus. They are calling it a “stability levy,” a plan that could lead not to stability, but a domino-style collapse of the banking system in Europe. True to the nature of government propaganda, …

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Gun Control: It Backfires

If I were an extremely cynical gun manufacturer, I would save some extra profits to give to Democratic candidates for president. Such presidents come to the White House under a cloud. No matter how many photo ops they hold with guns, many people suspect that they want to ban them. It’s not a crazy assumption, …

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How Three Neighbors Got Gas

I live out in the country. Among my few neighbors is a man we like to call “Mr. Mow-it-All.” This guy has the most perfect lawn you will ever see. He mows religiously when the grass is green. We see him almost daily out there on his zero-turn John Deere riding mower, keeping his lawn …

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Annie, get your gun! You’re gonna need it

Conservative activist and all-around muckraker James O’Keefe’s latest hidden-camera video draws inspiration from Milwaukee County’s controversial sheriff, amid the national battle over guns. Last Wednesday, O’Keefe’s Project Veritas released, “On Your Own” (with accompanying Twitter hash tag #OnYourOwn through his usual mass social network distribution), an undercover video that hammers home O’Keefe’s thesis: Citizens under …

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Why You Should Oppose the Keystone XL Pipeline

There is one reason why you should oppose the proposed $5.3 billion Keystone XL Pipeline. And it has nothing to do with “green religionists,” as The Wall Street Journal calls the opposition in today’s paper. Instead, it has everything to do with a foreign oil company using U.S. government power to force Americans off their …