Yes, the US Government Has Defaulted Before
While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises.
While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises.
The authors of the Federalist Papers claimed a strong central government was needed because republics are prone to "anarchy." The Dutch and Swiss examples show they were wrong.
Judge Andrew Napolitano looks at the history of government and race relations in our nation's history. It's not a pleasant or uplifting story.
How has Ron managed to be right so often? He is a brilliant expositor of basic Rothbardian principles about the free market and a noninterventionist foreign policy.
When the Soviet Union collapsed more than thirty years ago, US and European political elites sought to isolate and threaten Russia. The result has been war, destruction, and death, none of it necessary.
The Constitution has not protected our natural rights, nor did it prevent the US from becoming a blood-soaked failed state a mere 73 years after the constitution was ratified.
Rest in peace, "technolibertarianism." There was a time when many believed tech entrepreneurs would usher in a new era of freedom. Unfortunately, the new tech elites are technocratic collaborators with the regime.
Robert Kagan believes that the US takeover of the Philippines was justified to "protect" that nation from predatory European powers. David Gordon emphatically dissents.
It's a myth that the "Founding Fathers" made America a republic in 1787. It was the state governments and their constitutions that did this. But the top-down myth glorifying the central government endures.
Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story.