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House Approves $696 Billion Military Spending Bill


In a 344-81 vote yesterday, the House of Representatives passed their version of the 2018 National Defense Authorization Act (NDAA), a $696 billion spending bill which far exceeds the amount of money sought by the Pentagon and the Trump Administration.

The bill has a base $621.5 billion funding, nad $75 billion in the Overseas Contingency Operations (OCO) fund, which includes at least $10 billion that are earmarked as part of the OCO but intended to be spent on domestic military spending.
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Ron Paul Explains the Libertarian Option on Larry King’s Politicking

Host Larry King engages libertarian communicator Ron Paul in a wide-ranging discussion of current issues in a new episode of King’s Ora TV show Politicking. In the interview that starts with a discussion of foreign policy and moves on to domestic issues including healthcare, Paul presents libertarian proposals across the board. The 26-minute interview provides a good exploration of Paul’s ideas, with King asking thoughtful questions and then giving Paul plenty of time to discuss the details.
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What a Trump-Putin Meeting Would Look Like in a Sane World

As Donald Trump and Vladimir Puting meet in Hamburg, Germany at the G20, the headlines blare.
From NBC News:  Trump Carries a Weak Hand Into Putin Meeting

From the Washington Post: Trump and Putin hold talks as the world watches

From ABC News: Trump, Putin high-stakes meeting underway
But why is this a high-stakes meeting? Why is the world watching? and Why does Trump carry a "weak hand"?
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US Tells North Korea It Is Prepared to Go to War

The top US general on the Korean Peninsula, Gen. Vincent Brooks, today issued a statement announcing that the United States is totally prepared to start a war against North Korea at any moment, and that it is only “self-restraint” that has kept the US from attacking so far.

Gen. Brooks went on to insist that America’s self-restraint “is a choice,” and that America can change their choice whenever they want to, ending the armistice and restarting the 1950 Korean War. This comes amid President Trump repeatedly talking up military action against North Korea, and National Security Adviser H.R. McMaster insisting that all of the options prepared for Trump involve a military component.
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Ron Paul: ‘Most Wars Are Fought on Inflated Money’

When Ron Paul first ran for the United States House of Representatives in 1974 a major purpose of his campaign was to educate people regarding monetary policy. To this day, monetary policy remains a focus of Paul’s educational efforts. In a new interview at the Ludwig von Mises Institute’s Mises Weekends, Paul and host Jeff Deist focus on monetary policy, including both Paul’s critiques of current US monetary policy and Paul’s recommendations for a better system centered on sound money.
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