[Editor’s Note: In this 2014 interview, originally published by the Rutherford Institute, Lew Rockwell discusses the state’s lack of moral legitimacy, and how it is fundamentally a criminal organization. As Lew shows, however, the state a criminal organization unlike any other. It is supported by a vast network of propaganda through its clients through the government schools.
Aggressive interstate war aims at seizing territory, subjugating populations, and establishing political control. By destroying physical capital, war inflicts immense economic damage. Yet one of the most consequential effects of war can occur within the institutional framework of the victim society itself. This phenomenon can be termed the Victim’s Dilemma.
“Housing, health care, education, caregiving, and everyday costs have outpaced wage growth for decades, leaving households with less room to save.”
On September 16, twelve people voted. The vote was 12 to 0. The Federal Open Market Committee raised the federal funds rate a quarter point, to 3.75 to 4 percent—the first hike since 2023. Not one of those twelve people signed a mortgage that month.
Last month, Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, a bill Congress passed to honor the late senator by codifying and expanding the extensive sanctions regime he devoted much of his career to building.
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), recently warned about the danger from the United States government’s high debt level. She also criticized some government officials, such as US Treasury Secretary Scott Bessent, for believing that economic growth can make the debt problem disappear.
In spite of Trump’s promises to install a democratic regime in Venezuela, that never happened. And no one seems to care.
New York Fed data shows serious credit card delinquencies among Americans 70+ hit 6.3% in Q2 2026 — their highest level since 2011.
In the rest of the world, the Israeli PM is often blamed for the Iran war. His opponents say he hasn’t been tough enough with Tehran.
