• He will therefore have to use what knowledge he can achieve, not to shape the results as the craftsman shapes his handiwork, but rather to cultivate a growth by providing the appropriate environment, in the manner in which the gardener does this for his plants. — Friedrich August von Hayek

Heading Off the Entitlement Meltdown

Ty's note, do the math.  It is impossible to get to solvency.  They will print the money till they can't. The reality of the insolvency is unavoidable but the soft default of the printing press will be the road of of choice of socialists, something for nothing societies and their useful idiots.   Demography is destiny: The retirement of 77 million baby boomers is not a theoretical projection By Rob Portman July 21, 2014 6:57 p.m. ET This year's budget deficit of "only" $500 billion has brought some complacenc ... view article.

Territories Free of ObamaCare

Ty's note, as Obamacare squeezes the life out of the healthcare industry and democratic constituencies the regulators unconstitutional exemption of 4.5 million people is meant to provide a boost to the Democratic Party prior to a the debacle elections on the near horizon.  A constitutional crisis blooms anew...   The White House issues another illegal exemption. July 20, 2014 6:55 p.m. ET Last week's burst of world disorder was ideal for a news dump, and the White House didn't disappoint: On no legal basis, all 4.5 m ... view article.

Why Are Teachers Unions So Opposed to Change?

Ty's note, this guy doesn't get it.  Teachers unions and socialists in general do not want accountability and anyone who wants to serve the children or provide superior outcomes in learning are set for destruction.  The object of monopolist public schools is not to create superior intellects meant to meet life's challenges it is to create useful idiots and pawns to governments and socialists in general....   As a former union leader and a lifelong Democrat, I am deeply troubled by their rhetoric and strategy By An ... view article.

Four Years of Dodd-Frank Damage

Ty's note, I have repeated called Dodd Frank and Obama care pythons of government taking over vast swaths of the private sector.  Now the pythons are squeezing the life out of them.  A must read by Peter Wallison about the pernicious consequences of this financial disaster unfolding.  Politically allocated credit and destruction of liquidity, while vastly expanding the list of too big to fail institutions rather to reducing them.   Disaster dead ahead in my opinion...   The financial law has restricted credit and let regulat ... view article.

Happy Birthday Paper Money: 353 Years Of Wanton Destruction

Submitted by Simon Black of Sovereign Man blog, If you ever find yourself vacationing in the western Pacific, I highly recommend swinging by Yap Island, home of one of the most bizarre forms of money in history. Over a thousand years ago, natives would mine enormous chunks of limestone and carve them into gigantic circular discs. I’m talking REALLY big… a typical disc would be 5 to 10 feet in diameter, over a foot thick, and weigh several tons. They called them ‘Rai Stones’, and they were actually used as currency. Cur ... view article.

What Exactly Are the Spy Agencies Actually DOING with their Bag of Dirty Tricks?

Ty's note, the mission of misinformation and deception of the public is at epidemic levels by our masters in government. You cannot say these people are serving the people that elect them. Benedict Arnold was a better friend to the public than these scoundrels...   Submitted by George Washington on 07/16/2014 12:50 -0400 Newly-released documents from Edward Snowden show that the British spy agency GCHQ has developed numerous offensive digital tools. But what exactly are they doing with these dirty tricks? We think it’s impor ... view article.

20 Signs The Terrible Drought In The Western US Is Starting To Become Catastrophic

Ty's note, when you read this please realize that the bureau of land management with the EPA have flushed millions of acre feet of fresh water into the Pacific Ocean to save the snail garter. A small fish which is vital to no one and sentenced the public to torture and skyrocketing food prices in an display of the incredible stupidity and lack of common sense. The federal government is not your friend it is your master.   Submitted by Michael Snyder of The Economic Collapse blog, When scientists start using phrases such as "the wors ... view article.

How to Run Against ObamaCare

Ty's note, a great piece on the horrors unfolding because of the affordable care act. It was nothing but crony capitalism on display between. The insurance industry and the looters inside the beltway. Now it is blowing up in their faces and the public and taxpayers are paying the bills. Just another obamination... Draw attention to the Affordable Care Act's pernicious effects on ordinary Americans. By Karl Rove  July 16, 2014 7:11 p.m. ET Liberal columnists and Democratic strategists have taken to arguing that ObamaCare is working a ... view article.

Putin’s Latest Escalation

Ty's note, this is absolutely accurate. The bigger picture is a long run expansion of the RUSSIAN sphere is underway. Putin understands that there is no challenge the developed world will not RETREAT from. Now it's time to challenge relentlessly and take small gains over and over again.   Russia's support for Ukrainian separatists may lead to a bigger war. Updated July 17, 2014 8:20 p.m. ET Vladimir Putin has kept a studied silence about recent battlefield reversals for pro-Russia rebels in Ukraine. Then again there's no need to ta ... view article.

Daily Exercises – 7/18/14

World War III updates The Eastern European front of World War III really has escalated this week as the Developed world led by the US landed BODY BLOWS on the financial system of Russia and Russian proxies pulled a boneheaded move by shooting down a civilian airliner killing 298 innocent people.  Things just got a lot more complicated in this struggle of the titans. Let’s start with the financial battle as US REGULATORS really tightened the noose on Russia’s biggest state owned entity’s and company’s by restricting their ability ... view article.

Connecticut Man Arrested for “Passive Aggressive” Behavior to a Watermelon

As is typically the case with posts on Liberty Blitzkrieg, the reason for highlighting this story is to see it in the context of other cultural trends happening within society. One of my biggest themes in 2014 has to do with the aggressive manner in which “authorities” relentlessly pursue average citizens for the most insignificant of infractions, while the most dastardly and destructive of criminals (financial oligarchs and others) receive, at worst, a slap on the wrist. Some of the more egregious examples of this behavior ... view article.

Weekly Wrap – 7/18/2014

There is no shortage of interesting items to choose from.  The world is unraveling fast and the absurdities just keep piling up.  Here are a few from the last week… The Wizards of LIBERTY Street Big Buyers in a fool’s paradise Is the TOP in for European Banks?  Spanish Banks, Lying with numbers. David Letterman’s top 10 reasons to vote democrat Huckabee and the truth about the US border crisis The REAL cost Illegal Immigration Militarization of the UNITED STATES Honest Abe and three Benedict Arnolds The W ... view article.

Daily Exercises – 7/17/14

The Wizards of LIBERTY Street   Most everybody has seen the Wizard of Oz, but most don’t understand that it is a story about the removal of Gold from behind the dollar and the Federal Reserve at that time.  The wizard was supposed to be the Federal Reserve chairman of that time, pulling levers on the economy and managing it from the seat of his pants.  Well, nothing has changed. Fed chair, Yellen, commenting on recent legislation urging the Fed to create some rule like the Taylor rule (mathematical rule to guide interest rate de ... view article.

The Meaning of Russia’s Military Campaign Against Ukraine Moscow has broken the trust that many worked long to build.

Ty's note,  deep insights into the evolving conflicts with Russia.  The rose colored views of socialists in the developed world are being challenged in ways they are UNABLE to acknowledge or deal with.  Mitt Romney was right and the cost of miscalculation in the developed world will be VERY high. This is just Russia's first step on a much larger strategy.  World War III has begun.  Whether it is Eastern Europe the South China Sea or the Middle East, developed world weakness is fully recognized and the initial skirmishes are emerging worldw ... view article.

How Washington Whittles Away Property Rights

Ty's note, this is a must read. All the conclusions are correct. The takers in the Aka something for nothing useful idiots have their sights set on confiscating all private property. Private property was dead in America many decades ago. Now we are entering crunch time. Whether it is through money printing or direct confiscation by taxes and regulations. Smart People and corporations are voting with their feet. Expect this to become a flood soon.   When government thinks that it ultimately owns all income, bureaucrats never tire of fin ... view article.

Insider Trading and Financial Terrorism on Comex

Copyright .© Paul Craig Roberts 2014.- Please contact us for information on syndication rights. This site offers factual information and viewpoints that might be useful in arriving at an understanding of the events of our time. We believe that the information comes from reliable sources, but cannot guarantee the information to be free of mistakes and incorrect interpretations. IPE has no official position on any issue and does not necessarily endorse the statements of any contributor. ... view article.

If This Keeps Up, They Will Have To Start Putting Armed Guards On Food Trucks

By Michael Snyder, on July 16th, 2014 The basic necessities in life just keep getting more expensive.  On Tuesday, Hershey announced that the price of all of their chocolate bars is going to go up by about 8 percent.  That is particularly distressing to me, because I am known to love chocolate.  But if it was just chocolate that was becoming significantly more expensive perhaps that would be okay.  Last month, it was coffee.  J.M. Smucker, one of the largest coffee producers in the United States, announced that i ... view article.
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