http://www.dailypaul.com/node/95174 Original Link: http://www.cbsnews.com/stories/2009/06/03/ap/politics/main5059462.shtml Reposted by Michael Shanklin AP) The U.S. military’s failure to follow tightened rules for aerial strikes likely caused civilian deaths in a May 4 American bombing in western Afghanistan, a defense official said Wednesday. The finding comes from an internal review of the incident, said the official, who spoke to The Associated [...]
http://mises.org/story/3482 Reposted by Michael Shanklin Mises Daily by Christopher P. Casey I recently had surgery for appendicitis. Upon seeing me lying in a hospital bed, none of my visitors praised the bed’s healing power in curing my illness. All of them understood that although my condition was eliminated at the same time that I lay in [...]
http://mises.org/story/3489 Reposted by Michael Shanklin Mises Daily by Frank Shostak The fall in the headline consumer price index (CPI) in April for the second consecutive month has raised concern that the US economy might have fallen into a deflationary black hole. Year on year, the CPI fell by 0.7% in April after declining by 0.4% in [...]
http://mises.org/story/3469 Mises Daily by Mark Brandly Reposted by Michael Shanklin The release of the 2009 Social Security Trustees Reportindicates that the current economic crisis has negatively impacted the Social Security budget. It’s now projected that by 2016 Social Security spending will exceed revenues. According to the report, the financial condition of the Social Security program “remains challenging” [...]
http://mises.org/story/3479 Mises Daily by D.W. MacKenzie Reposted by Michael Shanklin Austrian economists have insisted that the Federal Reserve Bank helped cause the subprime housing boom that led to the financial crisis of 2008, and we are not alone in this opinion. According to Treasury Secretary Timothy Geithner, Federal Reserve policy was “too loose for too long.” [...]
Posted by James Cox In this video Russo talks about the corruption of politics and how America is a Republic not a Democracy. He talks about how the rights of the individual are violated and the abuse of governmental power. Russo talks about how America was set up by the founding fathers with The Constitution [...]
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by Jessica Pacholski The earliest civilizations on Earth were ruled by God-Kings – men singled out by the priest class as ordained, by whatever deity, to rule over the citizens. Their word was law, and immutable law at that; religious despotism was the hallmark of the first city states and with this the first record [...]
http://mises.org/story/3446 Reposted by Michael Shanklin Mises Daily by Thomas J. DiLorenzo The purpose of government is for those who run it to plunder those who do not. Throughout history, governments have used violence, intimidation, coercion, and mass murder to enforce this system. But governments’ first line of “defense” is always a blizzard of lies — [...]
http://mises.org/story/3460 Posted by Michael Shanklin Mises Daily by Frank Shostak 5/12/2009 Since the end of February when the S&P 500 closed at 735.09, the index has been pushing strongly ahead, closing on Friday, May 8, at 929.23 — an increase of 26.4%. We suggest that the key driving force behind this strong bounce is a [...]
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