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Gary Johnson and Jill Stein are starting to look awfully good. "If God had wanted us to vote, he would have given us candidates." -- Jay Leno.

Nice tight summary

Good interview with Phil Zimmerman, the inventor of PGP, and founder of Silent Circle eMail Service.  Which is being shut down because of the what the Feds did to LavaBit. What concerns me most about this illegal and systematic invasion of privacy is the massive potential for blackmail and extortion.  Think of what the IRS illegally did to tens of millions of Americans, targeting them because of their religious and political views, and seeking volumes of highly personal information far beyond reasonable requirements.   What happens when the politicians in power start using the IRS and NSA for political purposes - like what we just saw in the 2012 elections? When I was working on the wiki-Word and SurDoc projects, we were very concerned about having our documents and designs hosted or passing through competitor (Microsoft and Google) servers and email systems.  At the time I thought I was just being paranoid.  Now we know differently.  We had every reason to be concerned.

Harry Binswanger defends laissez-faire capitalism, using Ayn Rand Objectivism.

The major problem with Ayn Rand Objectivism is that it's an "ism." The Utopian ideal it is based on has never existed in reality and likely never will; its principles have never been tested. Moreover, I will argue that Binswanger is incorrect in arguing that the anti-capitalist phenomenon in America began with creation of the Federal Reserve; it dates much farther back. The economic basis for the Revolutionary War was largely the Crown-granted monopolies granted to the first great British "companies" (corporations), which had the effect of forcing North American colonists to pay monopoly rents for common goods and kept American ship owners from importing those goods from elsewhere to sell at a lower price. The Founding Fathers were strongly against privately-owned corporations and government-granted monopolies, with only two exceptions, copyrights for literary works and patents for inventions. The Constitution's prohibition against government-granted monopolies is implicit in its allowance for only two narrowly-defined types. The Founding Fathers' writings explicitly discussed the difference between "natural" monopolies and those created by government or anti-competitive conduct. During the early years of the nation corporations were permitted by the States, but only for public purposes, usually for public works such as bridges or roads for which there was a need to amass capital. These early American corporations were usually chartered only for the time required to complete the public work and to recover the invesment and a small profit, e.g., from tolls for using a bridge or road. Many of the early state constitutions explicitly limited the lifetime of corporations. However, such early opposition to corporations gradually eroded; corporate purposes were expanded, corporations were granted perpetual life, and the corporate form of doing business became much more widespread. Here, it is important to recognize that corporations are market artificialities c

Forbes argues that we should immediately reverse three Bush mistakes: suspend mark-to-market accounting rules, restore the uptick rule, and enforce the prohibition against naked short selling. He argues that these three changes in regulatory rules, enacted by Bush in 2007, are the primary reason for the financial meltdown. Particularly interesting is the argument that if these three rules had been in effect during the 1991-92 recession, there would have been a massive wave of bank failures rivaling that of the Great Depression.

Takers vs. Makers.  It all comes down to that ratio.  Incredibly, California is not at the top of high risk States!  New Mexico holds that honor. excerpt: Don't buy a house in a state where private sector workers are outnumbered by folks dependent on government. Thinking about buying a house? Or a municipal bond? Be careful where you put your capital. Don't put it in a state at high risk of a fiscal tailspin. Eleven states make our list of danger spots for investors. They can look forward to a rising tax burden, deteriorating state finances and an exodus of employers. The list includes California, New York, Illinois and Ohio, along with some smaller states like New Mexico and Hawaii. "Ranked on the taker/maker ratio, our 11 death spiral states range from New Mexico, with 1.53 takers for every maker, down to Ohio, with a 1-to-1 ratio. The taker count is the number of state and local government workers plus the number of people on Medicaid plus 1 for each $100,000 of unfunded pension liabilities. Sources: the Bureau of Labor Statistics, the Kaiser Commission on Medicaid and a study of state worker pensions done in 2009 by two academics, Joshua Rauh and Rovert Novy-Marx. Professor Rauh estimates that the shortage in pension funding is on average a third higher today. The second element in the death spiral list is a scorecard of state credit-worthiness done by Conning & Co., a money manager known for its measures of risk in insurance company portfolios. Conning's analysis focuses more on dollars than body counts. Its formula downgrades states for large debts, an uncompetitive business climate, weak home prices and bad trends in employment."

Excellent view of the 2012 election.  conclussion: The Tea Party will own 2014 .... Good read.  Insightful analysis.  Wendy is from RealClearPolitics.com "This election was always going to be a bellwether, but not for the reasons many pundits entertained. A broad, objective strategic assessment of the election results is not really difficult. Tactically, November 6 was a draw. Strategically, it was a clear and decisive victory for the right."

It figures that the Israeli creators of the Stuxnet worm would be involved. And here we also get our reminder why Obama is lying. We hearken back to the days when several ISPs and Telcos were being sued in class actions for providing NSA with access to their subscriber's phone calls and internet traffic.  Those suits ended only after Congress passed legislation immunizing the companies from suit for collaboration with NSA. The net effect was to allow the NSA to continue eavesdropping. So it matters not that Prism allegedly only gets the communications metadata. NSA need only correlate the metadata with the actual communications obtained from the Telcos and ISPs.   

So, allegedly a Zionist working in NSA passed NSA's telecommunications data mining software to Israel, was identified, but was never prosecuted. And the Verint CEO is now a fugitive from justice on charges of "fraud, theft, lying, money laundering, and other crimes." What's not to like in having this company processing all of our telephone metadata?

One of the best arguments for protecting individual liberty through the Constitution and Bill of Rights; including the 2nd Amendment. excerpt: Junking the collectivist approach, ridding myself of the idea that the lives of the few can be sacrificed to the lives of the many, I found the issue almost settled itself. Taking the individualist approach, I asked myself: what laws should the individual be subject to? What is the principle governing the individual's relation to the state? The principle is "individual rights"-your rights and mine. Rights define the proper limits of state action. They recognize the areas within which the individual is sovereign, entitled to act on his own judgment, free from interference by his fellow man and by the state. The fundamental right is the right to life. Its expressions are the right to liberty, property, and the pursuit of happiness. As the Declaration states, government is established "to secure these rights." To secure them against what? There is only one thing that can deprive a man of his life, liberty, or property: physical force. Only guns, clubs, chains, jails, or some form of nonconsensual physical contact can kill you, injure you, or negate your ability to act on your own judgment. The proper job of government is to protect the individual's rights by wielding retaliatory force against the force initiated by criminals or foreign aggressors. The issue with guns is the threat of force. But the threat of force is force. Orders issued at gunpoint are as coercive-as rights-violating-as laying on hands and overpowering you. (All this is explained in more detail in Ayn Rand's articles "Man's Rights" and "The Nature of Government.") The government may use force only against an objective threat of force. Only that constitutes retaliation. In particular, the government may not descend to the evil of preventive law. The government cannot treat men as guilty until they have proven th

"By Angelo Codevilla  (In August/July of 2012, Mr. Codevilla published another earth shaking analysis where he used the terms "ruling class" and "ruling elites".  This time he shakes it up exposing the Republican Party elites as part of the ruling class, consistently working against the interests of the millions of Americans who voted for them). On January 1, 2013 one third of Republican congressmen, following their leaders, joined with nearly all Democrats to legislate higher taxes and more subsidies for Democratic constituencies. Two thirds voted no, following the people who had elected them. For generations, the Republican Party had presented itself as the political vehicle for Americans whose opposition to ever-bigger government financed by ever-higher taxes makes them a "country class."  Yet modern Republican leaders, with the exception of the Reagan Administration, have been partners in the expansion of government, indeed in the growth of a government-based "ruling class." They have relished that role despite their voters. Thus these leaders gradually solidified their choice to no longer represent what had been their constituency, but to openly adopt the identity of junior partners in that ruling class. By repeatedly passing bills that contradict the identity of Republican voters and of the majority of Republican elected representatives, the Republican leadership has made political orphans of millions of Americans. In short, at the outset of 2013 a substantial portion of America finds itself un-represented, while Republican leaders increasingly represent only themselves."

Nice summary of the TB2 Roberts Obamacare/Tax supremecist court ruling.  Author Richard Salsman concludes that we now have a Totalitarian government under the rule of men; not the Constitutional Republic and Rule of Law the Founding Fathers left us.   excerpt: Once again American conservatives have struck a lethal blow against freedom, rights and capitalism. The U.S. Supreme Court's 5-4 ruling today, condoning every sordid feature of the 2700-page, rights-violating "ObamaCare" law, ensures that America will move still farther and faster down the path to full, socialized medicine, a path first paved in the 1960s, with Medicare and Medicaid. The lawless ruling was made possible by the vote of Chief Justice John Roberts, an appointee of "compassionate conservative" George W. Bush. With today's ruling the U.S. government can do virtually anything it wishes to its citizens - liberty and rights be damned, without limit. Officially in America we now have a totally arbitrary and limitless government. That is, we have a "total government." In short, we've got totalitarian government. As to how much further liberty we may lose in our lifetimes, it'll depend only on how arbitrary and vicious reigning rulers choose to be, or not. There's no real Rule of Law any more, only the Rule of Men - and these are mostly ignorant, reckless men.

Excellent discussion of where the Republican Party stands in relationship to the destruction of the dollar and new interest in linking the dollar to GOLD.  Good stuff.  Personally i'm in the Ron Paul camp, hook, line and sinker. excerpt: "In the ferment within today's Republican Party, the gold standard has become almost the centrist position. On the left would be those who favor a system of discretionary activism in which brilliant technocrats, such as Ben Bernanke at the Fed, use their judgment in setting interest rates. A bit to their right would be advocates of a rule, such as John Taylor's rule linking interest rates to various conditions, or one that requires the Fed to target the price of gold but stops short of defining the dollar in terms of specie. In the center would be advocates of a classical gold standard, in which a dollar is defined as a fixed amount of gold. These include, among others, Mr. Lehrman, James Grant of Grant's Interest Rate Observer, publisher Steve Forbes, economist Judy Shelton, and Sean Fieler of the American Principles Project. A bit further to the right would be partisans of the Austrian school of economics, including Rep. Paul. He advocates less for a gold standard than for an idea of Friedrich Hayek, the Nobel laureate who came to favor what he called the denationalization of money and a system centered on private coinage and currency that would compete with government-issued money. Further right are purists such as the radical constitutionalist Edwin Vieira Jr., who would simply price things in weights of gold or silver. A good bit of overlap exists among the camps, but Congress has come alive to all points on this spectrum. Rep. Kevin Brady, a Texas Republican who is vice chairman of the Joint Economic Committee, is seeking to pass the Sound Dollar Act, which would end the Fed's mandate to keep unemployment down, instead having the central bank focus only on stable prices. Rep. Paul is pressing the Free Competition in Curr

The audit of the Fed's emergency lending programs was scarcely reported by mainstream media - albeit the results are undoubtedly newsworthy.  It is the first audit of the Fed in United States history since its beginnings in 1913.  The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for "financial assistance" during and after the 2008 fiscal crisis. Sen. Bernie Sanders (I-VT) amended the Wall Street Reform law to audit the Fed, pushing the GAO to step in and take a look around.  Upon hearing the announcement that the first-ever audit would take place in July, the media was bowled over and nearly every broadcast network and newspaper covered the story.  However, the audit's findings were almost completely overlooked, even with a number as high as $16 trillion staring all of us in the face.

Excellent analysis of the 2012 elections based on recent polling data and the voting history of five generations. excerpt: Pundits have long been predicting that the presidential election will be much closer and much meaner in 2012 than it was in 2008. Closer it now is. According to the RCP Poll Average, the race is now a virtual tie: Incumbent Obama now leads by a mere 1.8 percent over Romney, whereas challenger Obama led McCain by 7.6 percent exactly four years ago. It will certainly revolve around a very different array of issues-much less argument about the war on terror and GOP performance, and a lot more about the stagnating economy and Democratic performance. In one respect, however, the next election will be a replay of the last: There will be a historically large divide in the preferences of younger voters (under 30) versus older voters (65+). In 2008, this divide (21 percentage points) was wider than in any election since the advent of age-bracketed voting data in the 1960s. The second-biggest divide (16 percentage points) was back in 1972, when nearly half of all young voters voted for McGovern while older voters went overwhelmingly for Nixon. I've been tracking generational leanings in the polls pretty carefully. The Pew Research Center has issued several reports (most notably, The Generation Gap and the 2012 Election) exploring this divide, and Time followed up with its own cover story ("The New Generation Gap"). More recently, Mike and Morley, Forbes, The New York Times, and many others have also weighed in. Bottom line: Every generation is today a bit more favorable toward Obama than they were in 2010 and a good deal less favorable than in 2008. The partisan gap between the Democrat-leaning young and the Republican-leaning old, however, remains as strong as ever-at around 20 percent. Back in 2008, the big story was how and why today's rising Millennial Generation voted by a large and decisive margin for the D

Forbes' Charles Kadlec notes: The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level. *** The Fed has announced a course of action that will steal - there is no better word for it - nearly 10 percent of the value of American's hard earned savings over the next 4 years.

"The push for monetary reform is on, and intellectuals seeking to reform the monetary system in accordance with free market principles are seriously debating two alternative solutions. One is a return to the gold standard in some fashion. The other is a free market in currency, i.e., private currency competition. Toward the latter end, Rep. Ron Paul has sponsored a bill repealing legal tender law. Their primary concern is the establishment of perfect money, which they define as money which changes in value the least. A much stronger case can be made for private currency competition than for a national gold standard in achieving this goal. Broadly speaking, private currency competition can provide the means to both a better concept of money (i.e., the development of an ideal monetary standard), and a better practical implementation of a monetary system." The argument that gold is the intrinsically right standard, so people do not need any choice in the matter because the government would only be making them do what is best for them anyway, is a philosophical can of worms that ultimately undermines the moral case for free markets. This is probably why the Ayn Rand Institute, that flagship of right moral political philosophy, migrated its support from the gold standard to a system of free banking with private currencies. Even if one remains unconvinced of the superiority of private currency competition and believes that a fiat gold standard would work, one should always argue for liberty, not try to work within the bounds of statism to ameliorate its effects. The advocates of freedom, individual rights, limited government, and capitalism should not waste any effort trying to revive a statist concept. They should adopt the boldest possible vision of a free market and then pursue it relentlessly. This is your clarion call. Some believe that because a denationalization of money is the ideal state of affairs, a monetary Holy Grail, its achievement must be far off in th