Mises Wire

Confessions of a Baggage Screener

Confessions of a Baggage Screener

Confessions of a Baggage Screener(Wired): Why the Transportation Security Administration won’t catch terrorists but will waste vast money and time.

Small Town USA is Losing Air Service(NYT): Since the Sept. 11 terrorists attacks, many cash-strapped airlines have been eliminating unprofitable runs to smaller cities.

Government to defend Web security (WashTimes): The new emergency team, known as U.S. CERT, will monitor the Internet 24 hours a day.

War’s Mixed Impact (CSM): Adding in the $87 billion for Iraq and Afghanistan recently requested by President Bush, America’s spending for defense will exceed that of all other nations combined.It’s a sign that the United States may be the most dominant single military power on the globe since the Roman Empire.

War and Debt(Ron Paul, LRC): Even the White House concedes this spending will swell the single-year budget deficit to a record $525 billion. This is money the Treasury simply does not have, which means it must be borrowed, printed, or raised through taxes.

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