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June, 2012  // Posts published in June, 2012

Liberty: The Key to Progress

I was in Washington on what was an historic day, June 28, 2012 to testify at Subcommittee on Domestic Monetary Policy and Technology, Committee on Financial Services, U. S. House of Representatives, chaired by Congressman Ron Paul. While it would be nice to think the day was historic because Dr. Paul was continuing his informational ...

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Banks, Central Banking and Economic Instability

Oral Argument at Hearing entitled “Fractional Reserve Banking and the Federal Reserve: The Economic Consequences of High-Powered Money” Thursday, June 28, 2012 Domestic Monetary Policy and Technology by John P. Cochran. Full testimony and video of proceeding at http://www.financialservices.house.gov/Calendar/EventSingle.aspx?EventID=300542 . Fractional reserve banking has historically been viewed by some economists and most monetary cranks as ...

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Antiwar.com Newsletter | June 29, 2012

Antiwar.com Newsletter | June 29, 2012 IN THIS ISSUE Activist Opposition to Drones Top News Opinion and analysis Events Antiwar.com’s Director of Operations Angela Keaton speaking at Porcfest A Groundswell of Activism Against Drones Activist opposition to Washington’s new affinity with unmanned aerial vehicles for use in surveillance and war is growing by the day. ...

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Iraq Veterans Against the War: The Documentary

Per IVAW: Voice of Art, the new documentary series on Pharrell Williams’ I Am Other YouTube channel, is releasing Part 1 of its new episode entitled “Iraq Veterans Against the War” on Friday, June 29 2012. The episode features the historic march and returning of Global War on Terrorism service medals by members of Iraq ...

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Misesians in Mordor: The Video

Ron Paul, Joseph Salerno, John Cochran, and Lawrence White on fractional reserve banking and the Federal Reserve. Written testimonies here.

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Classical Liberalism and the Special Interests

“There is no class that could champion liberalism for its own selfish interests to the detriment of the whole of society and the other strata of the population, simply because liberalism serves no special interest….When the liberal comes before the electorate as a candidate for public office and is asked by those whose votes he ...

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Hayek on Business Cycles: Part 2

The University of Chicago Press has just published the second volume of Hayek’s collected works on Business Cycles. This volume includes some previously unpublished manuscripts by Hayek.  (Thanks to Madhusudan Raj.)

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GMO Farming, Glyphosate Significant Causes of Water Pollution

Water pollution and air pollution has been and continues to be a serious issue in many nations. Both of these pollution types are successfully bringing down the health of not only humans, but also animals, ...

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Welcome to the Currency War, Part 2: Massive Euro Devaluation

As everyone knows by now, Greece, Spain and the rest of the PIIGS countries can’t fix their economies because they can’t devalue. If they were still using their old national fiat currencies, so goes the conventional wisdom, they could just mark them down by 30% and instantly see their exports surge and their deficits shrink. ...

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Egypt Will Remain ‘A Nice Docile American Client’

Gideon Rose, editor of Foreign Affairs spoke about Egypt yesterday on the Brian Lehrer Show. Here is an segment of his response to the question of why the US has continued to support the military rulers (listen here): The US has a relationship with the Egyptian military, has had a relationship essentially the kind of ...

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