New purchases are down for the first time in 20 years. source: NYT

Mises wrote, “No foreign aggressor can destroy capitalist civilization if it does not destroy itself.”

This implies that the sole way a foreign aggressor can contribute toward capitalist civilization’s destruction is to goad it into destroying itself.

That was what Osama Bin Laden was trying to do all along. And the war party (along with its enablers at the Fed) has been playing right into his hands. Even now that Bin Laden is dead, they have given every indication that they will continue to do so.

A CNN story reports that a low-salt diet can increase the risk of a fatal heart attack. The study they reference was in the May 4 issue of the mainstream Journal of the American Medical Association.

[Back to the Land: Arthurdale, FDR’s New Deal, and the Costs of Economic Planning • By C.J Maloney • John Wiley and Sons, 2011 • 312 pages]

Iceland became a bullet train heading at 100 miles an hour into a future upheld via a paper Valhalla rainbow of massive fiat-money infusions, which could fall away at any time.

I have some vague sense that many people are opposed to capital punishment, and for good reason, and especially when there is no trial and conviction, and yet we are expected uncritically to celebrate the death of Bin Laden at the hands of the U.S. state. The government needs glory and we are supposed to provide it, regardless of the cost (which, as Anthony Gregory points out, has been American liberty itself, in addition to possibly millions of lives).

His ideas, I mean. The video below is a good demonstration of the power of ideas– as Bacon said, “Scientia potentia est” (“knowledge is power”). This is the video of a talk Professor Hans-Hermann Hoppe gave in April 2011 at the 2nd Austrian School Conference, Mises Institute Brasil, in Porto Alegre, entitled “State or Private Law Society?” (pictures from the event).