Sunday, August 31, 2014

The Nearly Free University

With millions of third party payers artificially boosting demand for higher education it's very difficult to estimate the real cost of a college degree.

In this clip from the Tom Woods Show, author Charles Hugh Smith speculates about the cost of "higher education" in a free market.  Do you think it's closer to $120,000 or $5,000?

To learn more about the declining costs of education be sure to check out Charles Hugh Smith's new book "The Nearly Free University"...

Friday, August 29, 2014

Schizophrenia as Explanation for U.S. Policy Toward Syria

7,500 miles separate the cities of Damascus and Los Angeles.  Despite the vast geographical divide the people of each region are tied together via their central state.

To summarize Washington, D.C.'s policy toward Syria:

  1. A decade long regime of sanctions prohibiting the people of Syria trading for American made goods.  
  2. Two years of supplying automatic weapons to Syria's "moderate Islamic militants" in order to topple the Assad-led state of Syria. 
  3. Two week long bombing campaigns in Iraq in order to kill "extremist Islamic militants" (members of the Islamic State of Iraq and Syria).
  4. Newly announced drone surveillance flights over Syria in order to spy on ISIS.   

Thursday, August 28, 2014

Mission Creep on the Texas/Mexico Border

Texas Highway Patrol

Going In Debt to Buy Water

In response to nearly half of their residents falling behind on water bill payments The City of Detroit has resorted to extreme measures.  This week they announced plans to shut off water service to 420 customers.

Why is the cost of water out of reach for so many people in Detroit?


The city's water system has run up an incredible $6,000,000,000 of debt.  These debts are backed by revenue from the city's water system.

Lenders to Detroit expect (perhaps unreasonably) to be repaid.  The city's bankruptcy efforts notwithstanding don't expect a decrease in the cost of water as long as extreme levels of debts are outstanding.

In the meantime do current water customers of Detroit have an obligation to make interest payments on money borrowed by city officials decades ago?

More on the story from the AP.

Tuesday, August 26, 2014

Imagine Non-Intervention in Iraq

 "If we developed a non-interventionist foreign policy in 1990 there would be no death's in Iraq".
-Ron Paul

With the U.S. once again attacking Iraq with military force it is a good time to review history.

How could the lives of 4,804 coalition troops have been saved?

*data from 

Sunday, August 24, 2014

The Legal History of Raw Milk

Is Raw Milk Legal Where You Live?

Tom Woods recently had farmer Joel Salatin on his podcast.  Joel and Tom spend a few minutes discussing the history of milk (both raw & pasteurized)...

Find out more about Tom at his site.