As Elon Musk takes on federal agencies, the Washington establishment is trying to frame him as an unelected plutocrat using government to help himself and other rich people at the expense of the poor. But these labels apply much more accurately to the establishment itself.
It was not long ago that signs for “Help Wanted” seemed to be in every store window. However, those signs are now being replaced.
Even if this administration's heart is in the right place, do we really want another multi-billion-to-trillion-dollar fund to handle people’s savings?
The economy is stagnating, regulation has restrained the market from creating the growth that thrusts society onward, yet the government is asking the regulators how to create growth. You’d be better asking the axeman how best to survive with no head!
As the Trump administration makes real cuts to federal programs, suddenly the opponents of “waste, fraud, and abuse” are discovering that Trump and Elon Musk are serious about slashing spending. Not surprisingly, the Usual Suspects don't like the cuts.
Hans Hoppe recently criticized Argentina‘s President Javier Milei for not closing the country‘s inflationary central bank. In response, Milei claimed that doing so would result in hyperinflation. Given the central bank prints lots of pesos, shutting it obviously would decrease inflation.
Following last week‘s air crash in Washington, the FAA is receiving extra scrutiny. The real problem with the FAA, however, is that it is a political entity, which means that political goals will determine its capital structure and hiring practices.
The media and political outcry that came when President Trump temporarily froze USAID and some domestic funding revealed how the political establishment uses the plight of the most vulnerable people to keep their rigged political system in place.
"Where do you put him in the moral scale? It seems to me you put Mr. Nixon pretty close to the bottom."
