Terrorist or Hero? An Interview with the 'Rosa Parks of Monetary Liberty' by Scott Ledd An Interview with the u201CRosa Parks of Monetary Liberty,u201D Bernard von NotHaus I’d like to invite you, Dear Reader, to participate in a brief thought experiment with me. Read the following statement, then shutter your vision for a moment and imagine in your mind’s eye what this scene and the person described therein would have looked like. Statement: I just completed an interview with a known terrorist. Our government recognizes him as a clear and present danger to the security of the United States itself. What did your terrorist look like? Now I am not a betting man, but if I were, I would be willing to wager your terrorist had a thick, black beard. Okay, now take that image in your mind, and compare it to the picture of the real person to which I refer below. Terrorist? Are you terrified yet? Most people are not aware that the US Constitution is very explicit in this matter. u201CNo State shall… make any Thing but gold and silver Coin a Tender in Payment of Debts.u201D Interview:
4 Amazing Underground Dwellings! - Live Green Get closer to nature by living in an underground home built from sustainable materials I’ve always wanted to live in an underground dwelling because it’s the closest I’ll ever get to living like a Hobbit, and it seems like the perfect place to go in case zombies attack. Most importantly, underground homes are very eco-friendly and are built directly into the earth, which means they take up less construction material and produce less waste. Here are 4 underground homes that get my “thumbs up” for being truly green and innovative: 1. This earthen home designed by KWK Promes has a grass roof that absorbs water and helps to regulate temperature inside the home. 2. Designed by Dutch architecture firm SeaRCH and Christian Müller Architects, this beautiful underground home located in a Swiss village has rooms that wrap around an interior courtyard, and they all get flooded with natural light. 3. This low impact woodland home was built in Wales by Simon Dale. 4.
Bye-bye Keynes? The eclipse of Keynesian economics proceeds. When Keynes wrote “The General Theory of Employment, Interest and Money” in the mid-1930s, governments in most wealthy nations were relatively small and their debts modest. Deficit spending and pump priming were plausible responses to economic slumps. Now, huge governments are often saddled with massive debts. Countries then lose control over their economies. There is no automatic tipping point beyond which a country’s debt — the sum of past annual deficits — causes bond markets to shut down. Thankfully, the United States is not now in this position. In 2012, the American budget deficit is projected at 7.9 percent of GDP; Greece’s is 6.9 percent; Italy’s 2.4 percent. Considering this, some economists urge more “stimulus.” I am less sure. Suppose a new stimulus — beyond renewal of the payroll tax cut — did succeed at significant job creation. Governments have ceded power to bond markets by decades of shortsighted behavior.
YOUNG-HAE CHANG HEAVY INDUSTRIES PRESENTS The Dark Side of America's Growing Social Safety Net - Jordan Weissmann - Business A University of Chicago professor argues that help for the poor might be worsening unemployment Reuters By now, we've all gotten used to the fights on Capitol Hill about extending unemployment benefits. Each time they're about to expire, Democrats line up to renew them. This strikes many of us as ludicrous. According to Mulligan's research, the portion of America's social safety net devoted to working-age adults has swelled over the past few years. But what is the "safety net"? The graph below summarizes the paper's findings. The gist is that safety net spending is way up. What does this mean for a typical worker? That's a good thing. "In a labor force as big as ours, it takes only a small fraction of people who react to a generous safety net by working less to create millions of unemployed," Mulligan wrote for The New York Times. Maybe so.
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