Two days from now Australia will get a taste for what happens in American sports stadiums every day of the year. It’s the glorification of the military and war.
The US dollar has value because the government levies $3 trillion in tax liabilities annually and accepts only US dollars in payment — which only it issues.
The Rights Trap is the belief that your rights will make you free. Unfortunately, rights exist only in theory. In practice, they don’t accomplish much.
At the heart of this expansion in debt, and cycle of bubbles and busts is the reliance of the US economy on consumption. For the last century, policy makers have encouraged consumption on all levels of society including government, and discouraged savings.
But with today’s integrated market, the destruction caused by financial warfare is so much bigger than they understand.
It’s the event we’ve been working up to for the past six months – the World War D conference.The lead keynote speaker is Dr Marc Faber. You may know him as ‘Dr Doom’ due to his belief that the US dollar is heading towards collapse, taking the world’s economic system with it.
There is an undeniable link in the mentality of the average public sector worker and the average megalomaniacal political leader. They both have the urge to control people.
Today I am going to share a lesson from the past in the hope that we can learn from it. It’s one of the best examples of doomed central planning that I know, and it comes from the Roman Empire.
President Putin quietly had a new security system installed at Russia’s Sochi International Airport, The FRT system can make a positive identification in under one second…
This information can be completely abused if it lands in the government’s hands. The governments ability to demand this data is a frightening concept…
The drug issue is one of the biggest examples of the government meddling in the free choice of individuals and creating a much bigger problem than if they stayed out of it.
The corruption of power is too clear and easy. There needs to be real controls because the natural direction of a surveillance state is to abuse civil liberties, whether intended or not.
Argentina is a perfect example of the damage governments can inflict on their people. The funny thing is Argentina isn’t unique. In a way many of its policies aren’t so different to those of various Australian governments. It’s always important to remember that governments act for their own interests.
Argentina seems much too quirky and particular to be a leader of anything. For example, it’s the only place we know where you get better banking services out on the sidewalk than in the bank.
As long as the federal tax code is incomprehensible to most Americans, the IRS will continue to have vast power over its targets. And we cannot expect politicians to fix the problem…