Comprehensive Reform versus Piecemeal Reform
Should political reform be the result of a much-discussed comprehensive plan? Or should it come about through decentralized decision-making that deals with the situations at hand?
Should political reform be the result of a much-discussed comprehensive plan? Or should it come about through decentralized decision-making that deals with the situations at hand?
The conviction of Enrique Tarrio for the non-crime of "seditious conspiracy" illustrates how these laws were invented to create a new "thought crime" that gives federal prosecutors vast powers.
The passage of an income tax in the early twentieth century was an enormous shift toward a far more centralized and powerful US state.
To prevent rail accidents like the one in East Palestine, dial back government regulation and allow the tort system to work.
By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.
While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies.
Federal laws with acronyms are usually bad news. (Think the USA PATRIOT Act.) The RESTRICT Act is yet another Orwellian proposal in which the federal government assumes ignorance is strength.
Once the Southern states accepted the Thirteenth Amendment, Lincoln was entirely content for the old Southern elites to resume their positions of power and for many blacks to continue in a condition little better than bondage.
The current banking crises have deep roots in US financial history. Monetary authorities have engaged in inflationary behavior for more than a hundred years.
The combination of higher rates and declining optimism about the economy, plus slumps in equity, private investments, and bond valuations, is going to inevitably lead to a massive crunch in access to credit and financing.