The Death Rattle of Europe’s Statist Dream

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By Rick Ackerman

 

Europe’s all-too-predictable relapse into recession is gathering force, threatening not only the pipe dream of economic and political unity, but eroding grandiose illusions that have helped prop up the world’s financial house of cards. The unwillingness of France in particular to play by the EU’s — i.e.,  Germany’s — rules appears to have doomed the EU dream. The idea of a borderless Europe bound by a common currency and a shared desire to forever banish war from the Continent was a lofty one, but it was mired from the start in deeply rooted political animosities, grass-roots skepticism and bureaucratic overreach. Now these problems, along with a great many others, have turned the EU project into a Tower of Babel. A million pages of meticulously codified EU rules might as well have been written in cuneiform, so inscrutable and arcane have they become.

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Rothbard’s ‘Left and Right': 40 Years Later | Roderick T. Long (Video)

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Another libertarian political thought video. Roderick T. Long discusses Murray Rothbard’s examination of where libertarianism falls on the political spectrum (of his time) Left, Right, or elsewhere.

Given the fairly nuanced discussions which sometime happen on this site exploring what constitutes “fascism,” “socialism,” “freedom,” “liberty,” etc. I thought this speech would be of some value to our wonkier readers.

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Pro Publica: When U.S. Companies Help the NSA

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We have long covered what happens the in the shadowy alleyways where the NSA and corporate America have gotten together in their unholy unions. Sometimes these unions are voluntary. We have seen also that many of these relationships were not and that companies have no choice but to work with the NSA.

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The NFL and politicians love to take money from taxpayers

The Rams are threatening to move back to LA?

I just got used to them in Saint Louis.

I'm sorry but this looks like a pretty cool stadium to me.

I’m sorry but this looks like a pretty cool stadium to me.

As we’ve said before, for many pro sports is a religion. As such the fervor and irrational behavior of adherents to the creed are manipulated by the people who run the show. Just like any religion.

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Time to reduce economic dependence on Pentagon spending

In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist. We must never let the weight of this combination endanger our liberties or democratic processes. – Dwight D. Eisenhower

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Indeed, it’s long past time.

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Is the oil price fall more than just a coincidence?

Source: Illinois State Geological Survey

Source: Illinois State Geological Survey

It is said that the reason the USSR fell in the dramatic way it did was first, because it couldn’t price anything in the economy effectively, but secondly because the price of oil (a real price generated on the market) dropped in the 1980s sharply thereby significantly reducing the value of the Evil Empire’s petroleum reserves and a key source of revenue. Some believe that this downward push in oil prices was encouraged by the United States and facilitated by increased production from the Saudis.

Could something similar be happening now? What better way to pressure Putin?

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Big Brother is Watching: The government wants to study ‘social pollution’ on Twitter

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This isn’t new but it deserves attention. Much of life, and especially political life is engaged in online these days. It’s no surprise that the government is interested in controlling what goes on there.

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