For critics of the surveillance state, it is tempting to see President Obama’s speech a few weeks ago as a partial victory: Prompted by Edward Snowden’s leaks and the public pressure for National Security Agency reforms, he announced significant changes to the program that collects and stores information about all telephone calls. And he promised […]
Laissez-Faire Today
The Largest Company in History
The Largest Company in History: “The United States Corporation of Government (USCOG)” I follow global social and commercial networks, looking for entrepreneurial opportunities. Innovation surges when industry and government models change. Buggy whips. Landline phones. Railroads. The Soviet Union. Apartheid South Africa. All marked social and commercial innovation, both bad and good. We are witnessing […]
A One-Way Ticket to Central Planning
We’d like to give the banks in Australia some credit. They’ve finally gone and done it. They have caught up with 1960s technology. They’ve figured out how to use PIN numbers. How to only use PIN numbers, that is. They’re considering scrapping signatures on credit cards to cut down on fraud. Apparently, having to verify […]
Call the SEC!
We put in a good-citizen call to the SEC the other day. “There’s a massive scheme to manipulate stock prices,” we told the friendly agent. “I have to tell you that your call is being monitored so that we can better serve the public,” he replied. “Oh, don’t worry about that. The NSA is tapping […]
The Great Health Care CON
Dr. William C. Padgett is a retired optometrist who has been trying to bring an elderly care facility to Beaufort County, North Carolina, for over a decade. “Our senior citizens,” he laments, “are finding that it is difficult and in many cases impossible to find an appropriate long-term care facility locally.” Though he has received […]
The Corruption of Power
We’ve pointed out in the past that President Obama’s views on the surveillance state shifted completely from when he was Senator to when he was President. As Senator, he supported a bunch of reforms that are very much like the ones his panel have suggested — and which he’s about to ignore. The NY Times […]
Will Overstock Force the IRS to Make Up Its Mind About Bitcoin?
Bitcoins are largely considered digital currency (or “crypto currency”) so you’d expect it to be treated like currency on a retail web site. But the Internal Revenue Service might not think so.
American Parasites
If you don’t have the angst out of your system concerning Wall Street banksters, Government Sachs, and the Affordable Care Act, settle in with Matt Taibbi’s Griftopia to make your blood boil one more time. Investors should be reminded of 2008 as they shrug their shoulders and put their money back in the stock market. […]
Discover the Fortune That Lies Hidden Behind a New Law
What do 8 of the 10 wealthiest people in the U.S. have in common? Aside from being able to fly in private jets, the common thread is that each of them has made their fortune thanks to a start-up. Let me explain… From tech titans like Bill Gates and Larry Ellison (founders of Microsoft and […]
Why Great Entrepreneurs Are Older Than You Think
Continuing revelations of the extensive scope of the U.S. government’s mass spying program, piled on top of decades of foreign intervention and liberty suppression at home, can lead Americans to question if they should give up their work for peace and liberty. Nevertheless, there is reason for hope that pursuing this work will yield success. […]