After Kevin Warsh was confirmed as Federal Reserve chairman last week, he received a stark reminder of the challenges facing the central bank. The reminder came in the form of a worldwide surge in the interest rates paid by government bonds. The surge followed the...
Last week “Secretary of War” Pete Hegseth insulted Americans by claiming that a 50 percent increase in the US military budget – from an incomprehensible one trillion dollars to an impossible one and a half trillion – was a “fiscally responsible investment.” “Thanks to...
One of the industries hardest hit by the spike in fuel prices caused by the Iran War is airlines. Jet fuel prices have doubled since the start of the war. Airlines have reacted to the fuel price increase by raising fares and baggage fees, as well as by cutting routes....
Last weekend my Institute for Peace and Prosperity hosted another conference here on the Texas Gulf Coast. Not only did we have a full house attending the conference – which is in a way the most important thing – but in this era of profound disappointment and...
Last week, President Donald Trump commemorated income tax payments being due by having DoorDash deliver food from McDonald’s to the White House. The delivery was intended to highlight the first year of tax-free tips. Removing tax on tips was part of the 2025 Big...
President Trump was presented with a great opportunity on Saturday to take the off-ramp from his war on Iran. After threatening Iran that “a whole civilization will die tonight,” Trump managed to get a two week pause in the war with the intervention of the Pakistani...
Following President Trump’s address to the nation on Wednesday about the Iran War, stock markets suffered losses while oil prices rose. The decline in stocks and increase in oil prices reflected disappointment over President Trump’s failure to articulate a plan to end...
As we begin a new week, the media is filled with reports that President Trump is ready to approve a US ground operation against Iran, either to seize Iran’s uranium or to attack an island off the country’s coast. Thousands of US troops have sped to the conflict area...
“War is the health of the state.” That phrase, coined by Randolph Bourne, explains why opposition to war is a priority of many libertarians. War allows governments to increase spending, taxes, and regulations in order to feed the war machine. Wars can justify measures...
As is becoming clearer from President Trump’s own statements and those of his staff, along with press reporting, the US has launched a major war without the input of the experts we pay to advise the President on such matters. The State Department, Pentagon, National...
President Trump’s unconstitutional and unjust war against Iran is setting back his “affordability” agenda. The war has caused a big rise in gasoline prices. Among the related concerns is the hindering of the movement of oil through the Strait of Hormuz, the only...
Unfortunately, President Trump listened to the neocons and Benjamin Netanyahu instead of his MAGA base and other voices of caution as he launched a surprise attack on Iran over the weekend. For the second time in nine months, the US Administration used negotiations...
Those who have examined the Epstein files have seen information about how connected Jeffrey Epstein was to members of the political, business, and academic elites. Many of these connections started after Epstein’s 2008 conviction. The Epstein files support claims that...
Last week I had the pleasure to again appear on Tucker Carlson’s popular broadcast. Although the program appears on several different platforms, on X alone the episode has been seen by more than two and a half million people. That does not include the various clips...
In his 2024 campaign President Trump said he wanted to shut down the Department of Education. Created in 1979, the Department of Education has spent many billions of dollars and imposed numerous “reforms” on America’s schools. A result has been a continuing decline in...
For the past month, Americans have been wondering whether President Trump will attack Iran, or whether the massive military build-up in the Middle East is just another bluff. President Trump claims that the decision is his alone to make. Thus far, President Trump has...
What does the Federal Reserve have in common with Venezuela and Greenland? It has been targeted by President Trump for regime change. The Justice Department recently launched a criminal investigation into whether Federal Reserve Chairman Jerome Powell lied to Congress...
Over the weekend, as a US carrier strike group made its way toward Iran, President Trump told Politico, “It’s time to look for new leadership in Iran.” This pro “regime change” statement came just days after the US and Israel-led covert operation to overthrow the...
It did not take long for President Trump to change the reason for sending the US military to “arrest” Venezuela President Nicolás Maduro and his wife. The allegation that President Maduro ran a drug cartel was front and center in the months leading up to President...
As was the case the morning after “Shock and Awe” signaled the start of the Iraq war, many are cheering the US military raid on Venezuela and capture of its president, Nicolas Maduro. Overwhelming US military power – and likely some bribed Venezuelan officials –...
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