The “American Dream” is Over–and Voters Know It

I don’t always agree with Charles Hugh Smith but I very often do. He is someone people who care about the economy and politics should read regularly.

Look, the American dream can’t happen with central banks acting the way they have and the federal government regulating the real, productive, private economy to death.

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NSA: A Tax & Economics Espionage Agency

This is a real US government logo. Funny, I thought the Constitution specifically limited the reach of government.

If there is one area of current policy/politics which really makes me sigh it is the growing, ever growing, surveillance state. It’s bad for the country. It’s in violation of the spirit of the Constitution (and likely the letter in many circumstances). It’s bad for the economy.

The surveillance state needs to be reined in. The danger to our way of life is immense.

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Easy Rider, a great American and libertarian movie

Every once in a while I stumble across stuff that I wrote a while back which I think deserves a repost. This is one of those posts.

From May 30, 2010 – The Liberty and Economics Review

When I was in college I can remember a particularly alcohol soaked evening in which I was debating politics with the kid who lived across the hall from me in my dorm. This was typical for us as we both liked beer,

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Black leaders in Chicago call out crony urban political machine (Video)

This is encouraging. If there is any place where free market reforms can help people practically immediately it is in the inner cities of the United States. Decades of massive government in our metropolises have created nothing but poverty and war zones, death, addiction, and despair.

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U.S. Marijuana Legalization Weakens Mexican Cartels

Pot is by far the illegal drug of choice for Americans. People want it. It’s part of American culture. It is relatively safe. It also is a huge source of income for the Mexican cartels. Legalize the drug and the profit margin on what is essentially a vegetable (but easier to grow than broccoli) disappears. As the profits diminish so too does power and influence.

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So it looks like the trucker induced shutdown of the Washington DC Beltway is on.

They call themselves “Truckers ride for the Constitution.” And they seem pretty POed. It seems that independent trucking contractors are being run out of business by new regulations which allow the big trucking firms to consolidate. That’s one of the reasons for the convoy.

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How does America get its groove back?

“In truth there is no such thing as a growth industry. There are only companies organized and operated to create and capitalize on growth opportunities. Industries that assume themselves to be riding some automatic growth escalator invariably descend into stagnation.”- Theodore Levitt

The above quote is as true for countries as it is for companies. Countries do not just grow because that is the way it is and how it forever shall be. Countries succeed because of good institutions and hard work.

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Is America in Decline?

Sadly, at this moment I think that it is. The sparkle has gone out of America’s eye. A dozen years of war, an ongoing deep recession, racial distrust, an increasing lack of opportunity, and very significantly an increasingly expansive and coercive state have done much damage to what we call “America.”

President Obama has something to do with this. Though he is by no means the sole culprit. He is an executive without any business experience to speak of,

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