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Pentagon Audit - Just Another Cover-Up!

Are they really going to audit the Pentagon? That's what the new Comptroller has promised. Will they find the estimated $6 trillion the Pentagon itself admits is missing? Don't hold your breath! More likely it will be another example of the government covering up government malfeasance. Our view on what will likely come from it in today's Liberty Report...
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Government Should Leave Bakers Alone

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Last week the Supreme Court heard oral arguments in the case of Masterpiece Cakeshop v. Colorado Civil Rights Commission. The case stems from the refusal of Masterpiece Cakeshop, a bakery, to bake a wedding cake for a same-sex couple. The bakery was found guilty of a civil rights violation and ordered to stop refusing to bake and design cakes because they are for same-sex weddings. The bakery was also required to file reports on the steps it takes to comply and whether it turns down any prospective customers.
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Good News: Young Americans Want a New Political Party

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Do we need a third major political party? I often joke that I’d be happy if we actually had a second party, as when it comes to the big issues – war, monetary policy, civil liberties – the Republicans and Democrats are more alike than different. Perhaps that’s why a recent NBC News poll has found that nearly two-thirds of young people surveyed do not believe either the Republicans or Democrats are doing a good job and that a third major political party is needed.
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Is North Korea Really a 'State Sponsor of Terrorism'?

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President Trump announced last week that he was returning North Korea to the US list of “state sponsors of terrorism” after having been off the list for the past nine years. Americans may wonder what dramatic event led the US president to re-designate North Korea as a terrorism-sponsoring nation. 
Has Pyongyang been found guilty of some spectacular terrorist attack overseas or perhaps of plotting to overthrow another country by force? No, that is not the case. 
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Why Are We Helping Saudi Arabia Destroy Yemen?

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It’s remarkable that whenever you read an article about Yemen in the mainstream media, the central role of Saudi Arabia and the United States in the tragedy is glossed over or completely ignored. A recent Washington Post article purporting to tell us “how things got so bad” explains to us that, “it's a complicated story” involving “warring regional superpowers, terrorism, oil, and an impending climate catastrophe.”
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Education Scholarship Tax Credits Help Children and Advance Liberty

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Shutting down the Department of Education and returning control of the education dollar to the American people is the key to improving education. The best way to put the people in charge of education is by shutting down all unconstitutional bureaucracies, repealing the Sixteenth Amendment, and ending the Federal Reserve’s money monopoly.
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GOP Tax Plan Increases the Most Insidious Tax

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Last Thursday, congressional Republicans unveiled their tax reform legislation. On the same day, President Trump nominated current Federal Reserve Board Governor Jerome Powell to succeed Janet Yellen as Federal Reserve chair. While the tax plan dominated the headlines, the Powell appointment will have much greater long-term impact. Federal Reserve policies affect every aspect of the economy, including whether the Republican tax plan will produce long-term economic growth.
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Neocons Hijack Trump’s Syria Policy

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Does anyone in the Trump Administration have a clue about our Syria policy? In March, Secretary of State Rex Tillerson appeared to be finally pulling back from President Obama’s disastrous “Assad must go” position that has done nothing but prolong the misery in Syria. At the time, Tillerson said, the "longer-term status of President Assad will be decided by the Syrian people."
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Trump’s Fed Picks? More of the Same!

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This week President Trump revealed his final five candidates for Federal Reserve chair. Disappointingly, but not surprisingly, all five have strong ties to the financial and political establishment. The leading candidates are former Federal Reserve governor and Morgan Stanley banker Kevin Warsh and current Fed governor, former investment banker, Carlyle Group partner, and George H.W. Bush administration official Jerome Powell. Gary Cohn, current director of the president’s National Economic Council and former president of Goldman Sachs, is also on Trump’s list.
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President Trump Beats War Drums For Iran

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President Trump has been notoriously inconsistent in his foreign policy. He campaigned on and won the presidency with promises to repair relations with Russia, pull out of no-win wars like Afghanistan, and end the failed US policy of nation-building overseas. Once in office he pursued policies exactly the opposite of what he campaigned on. Unfortunately Iran is one of the few areas where the president has been very consistent. And consistently wrong.
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