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Arizona Challenges the Fed’s Money Monopoly

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History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver.
 
Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax. This forces politicians to finance big government much more with direct means of taxation.
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On Military and Spending, It’s Trump Versus Trump

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It can be a challenge to follow the pronouncements of President Trump, as he often seems to change his position on any number of items from week to week, or from day to day, or even from minute to minute. Consider his speech last week at the Conservative Political Action Conference (CPAC). It was reported as “fiery” and “blistering,” but it was also full of contradictions.

In the speech, President Trump correctly pointed out that the last 15 years of US military action in the Middle East has been an almost incomprehensible waste of money – six trillion dollars, he said – and that after all that US war and meddling the region was actually in worse shape than before we started.
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Trump’s ISIS Plan: Another US Invasion?

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Just over a week into the Trump Administration, the President issued an Executive Order giving Defense Secretary James Mattis 30 days to come up with a plan to defeat ISIS. According to the Order, the plan should make recommendations on military actions, diplomatic actions, partners, strategies, and how to pay for the operation.

As we approach the president’s deadline it looks like the military is going to present Trump with a plan to do a whole lot more of what we’ve been doing and somehow expect different results. Proving the old saying that when all you have is a hammer everything looks like a nail, we are hearing increasing reports that the military will recommend sending thousands of US troops into Syria and Iraq.
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Will Congress Stop Forcing Pro-Life Americans to Subsidize Abortion?

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Last month marked 44 years since the Supreme Court’s Roe v. Wade decision declaring a constitutional right to abortion. Roe remains one of the Supreme Court’s most controversial decisions. Even some progressive legal theorists who favor legalized abortion have criticized Roe for judicial overreach and faulty reasoning.
 
Throughout my medical and political careers, I have opposed abortion. I believe abortion is the killing of an innocent human life and, thus, violates the non-aggression principle that is the basis of libertarianism. Unfortunately many libertarians, including some of my close allies, support legalized abortion. These pro-abortion libertarians make a serious philosophical error that undermines the libertarian cause. If the least accountable branch of government can unilaterally deny protection of the right to life to an entire class of persons, then none of our rights are safe.
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Cut, Don’t Reform, Taxes

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Many Americans who have wrestled with a 1040 form, or who have paid someone to prepare their taxes, no doubt cheered the news that Congress will soon resume working on tax reform. However taxpayers should temper their enthusiasm because, even in the unlikely event tax collection is simplified, tax reform will not reduce the American people’s tax burden.

Congressional leadership’s one nonnegotiable requirement of any tax reform is “revenue neutrality.” So any tax reform plan that has any chance of even being considered, much less passed, by Congress must ensure that the federal government does not lose a nickel in tax revenue. Congress’s obsession with protecting the government’s coffers causes reformers to mix tax cuts with tax increases. Congress’s insistence on “offsetting” tax cuts with tax increases creates a political food fight where politicians face off over who should have their taxes raised, who should have their taxes cut, and who should have their taxes stay the same.
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A Better Solution Than Trump’s Border Wall

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Just one week in office, President Trump is already following through on his pledge to address illegal immigration. His January 25th executive order called for the construction of a wall along the entire length of the US-Mexico border. While he is right to focus on the issue, there are several reasons why his proposed solution will unfortunately not lead us anywhere closer to solving the problem.

First, the wall will not work. Texas already started building a border fence about ten years ago. It divided people from their own property across the border, it deprived people of their land through the use of eminent domain, and in the end the problem of drug and human smuggling was not solved.
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Trump’s Foreign Policy: An Unwise Inconsistency?

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Throughout the presidential campaign, Donald Trump’s foreign policy positions have been anything but consistent. One day we heard that NATO was obsolete and the US needs to pursue better relations with Russia. But the next time he spoke, these sensible positions were abandoned or an opposite position was taken. Trump’s inconsistent rhetoric left us wondering exactly what kind of foreign policy he would pursue if elected.

The President’s inaugural speech was no different. On the one hand it was very encouraging when he said that under his Administration the US would “seek friendship and goodwill with the nations of the world,” and that he understands the “right of all nations to put their own interests first.” He sounded even better when he said that under Trump the US would “not seek to impose our way of life on anyone, but rather to let it shine as an example. We will shine for everyone to follow.” That truly would be a first step toward peace and prosperity.
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Will Trump Continue the Bush-Obama Legacy?

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This week, Congress passed a budget calling for increasing federal spending and adding $1.7 trillion to the national debt over the next ten years. Most so-called “fiscal conservatives" voted for this big-spending budget because it allows Congress to repeal some parts of Obamacare via “reconciliation." As important as it is to repeal Obamacare, it does not justify increasing spending and debt.

It is disappointing, but not surprising, that the Obamacare repeal would be used to justify increasing spending. Despite sequestration’s minor (and largely phony) spending cuts, federal spending has increased every year since Republicans took control of the House of Representatives. Some will attribute this to the fact that the Republican House had to negotiate with a big-spending Democratic president — even though federal spending actually increased by a greater percentage the last time Republicans controlled the White House and Congress than it did under President Obama.
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Will Obama’s ‘Good War’ in Afghanistan Continue?

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Last week, as the mainstream media continued to obsess over the CIA’s evidence-free claim that the Russians hacked the presidential election, President Obama quietly sent 300 US Marines back into Afghanistan’s Helmand Province. This is the first time in three years that the US military has been sent into that conflict zone, and it represents a final failure of Obama’s Afghanistan policy. The outgoing president promised that by the end of his second term, the US military would only be present in small numbers and only on embassy duty. But more than 8,000 US troops will remain in Afghanistan as he leaves office.

When President Obama was first elected he swore that he would end the US presence in Iraq (the “bad” war) and increase US presence in Afghanistan (the “good” war). He ended up increasing troops to both wars, while the situation in each country continued to deteriorate.
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Good News: Washington Frozen Out of Syria Peace Plan

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As the US mainstream media obsessed last week about Russia's supposed “hacking” of the US elections and President Obama’s final round of Russia sanctions in response, something very important was taking place under the media radar. As a result of a meeting between foreign ministers of Russia, Iran, and Turkey last month, a ceasefire in Syria has been worked out and is being implemented. So far it appears to be holding, and after nearly six years of horrible warfare the people of Syria are finally facing the possibility of rebuilding their lives.

What is so important about this particular ceasefire? It was planned, agreed to, and implemented without the participation of the United States Government.
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