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...
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...
President Trump and the congressional Republican leadership recently unveiled a tax reform “framework.” The framework has a number of provisions that will lower taxes on middle-class Americans. For example, the framework doubles the standard deduction and increases...
Now that the defeat of ISIS in Syria appears imminent, with the Syrian army clearing out some of the last ISIS strongholds in the east, Washington’s interventionists are searching for new excuses to maintain the illegal US military presence in the country. Their...
Do NFL players have the "right" to protest against the national anthem on the playing field? Should Trump's demand that anyone who does not stand should be fired? What about the owners? And what about the millions the Defense Department sent the NFL to militarize the...
The descent of US/North Korea “crisis” to the level of schoolyard taunts should be remembered as one of the most bizarre, dangerous, and disgraceful chapters in US foreign policy history.President Trump, who holds the lives of millions of Koreans and Americans in his...
Last week, Senator Rand Paul (R-KY) reminded Congress that in matters of war, they have the authority and the responsibility to speak for the American people. Most Senators were not too happy about the reminder, which came in the form of a forced vote on whether to...
Former White House Chief of Staff Rahm Emanuel famously counseled politicians to never let a crisis go to waste. Sadly, this week President Trump and congressional leaders of both parties showed that they have taken this advice to heart when they attached a debt...
Texans affected by Hurricane Harvey, including my family and me, appreciate the outpouring of support from across the country. President Donald Trump has even pledged to donate one million dollars to relief efforts. These private donations will be much more valuable...
The Senate Intelligence Committee recently passed its Intelligence Authorization Act for 2018 that contains a chilling attack on the First Amendment. Section 623 of the act expresses the “sense of Congress” that WikiLeaks resembles a “non-state hostile intelligence...
Following the recent clashes between the alt-right and the group antifa, some libertarians have debated which group they should support. The answer is simple: neither. The alt-right and its leftist opponents are two sides of the same authoritarian coin.The alt-right...
There is something unsettling about how President Trump has surrounded himself with generals. From his defense secretary to his national security advisor to his White House chief of staff, Trump looks to senior military officers to fill key positions that have been...
Attorney General Jeff Sessions recently ordered the Justice Department to increase the use of civil asset forfeiture, thus once again endorsing an unconstitutional, authoritarian, and increasingly unpopular policy. Civil asset forfeiture, which should be called civil...
President Trump seems to be impatiently racing toward at least one disastrous war. Maybe two. The big question is who will be first? North Korea or Iran? Over the past several days President Trump has sent two nuclear-capable B-1 bombers over the Korean peninsula to...
This week’s expected House vote to add more sanctions on Russia, Iran, and North Korea is a prime example of how little thought goes into US foreign policy. Sanctions have become kind of an automatic action the US government takes when it simply doesn’t know what else...
On Friday the House overwhelmingly approved a massive increase in military spending, passing a $696 billion National Defense Authorization bill for 2018. President Trump’s request already included a huge fifty or so billion dollar spending increase, but the...
Federal Reserve Chair Janet Yellen recently predicted that, thanks to the regulations implemented after the 2008 market meltdown, America would not experience another economic crisis “in our lifetimes.” Yellen’s statement should send shivers down our spines, as there...
As Independence Day comes around again we should spend a few moments between barbecue and fireworks to think about the meaning of independence. The colonists who rebelled against the British Crown were, among other things, unhappy about taxation. Yet, as economist...
This week the Senate Republican leadership unveiled its Obamacare replacement plan. Like its House counterpart, the misnamed Senate plan retains most of Obamacare’s core features.Both the House and Senate plans allow states to obtain waivers providing relief from some...
Nostalgia seems to be very popular in Washington. While the neocons and Democratic Party hard-liners have succeeded in bringing back the Cold War with Russia, it looks like President Trump is determined to take us back to a replay of the Bay of Pigs! In Miami on...
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