Why Not Let Banks Fail? by Jacob G. Hornberger March 14, 2023 Imagine that for the last 100 years, the federal government’s policy was to bail out every business that was in danger of going under. The policy would consist of shoveling large amounts of subsidies into the business in order to help it remain in business. If, however, the business failed anyway, the federal government would pay a large ...
A Cruddy and Dangerous Monetary System by Jacob G. Hornberger March 13, 2023 For a long time now, I have been maintaining that America’s cruddy monetary system was headed toward a crack-up. Of course, it’s always impossible to predict the exact timing of such a crack-up but it’s not difficult to predict that at some point in time, the crack-up will occur. For a long time now, we have seen out-of-control ...
Killing Communists with Impunity by Jacob G. Hornberger March 10, 2023 The New York Times recently carried an interesting article about the death in 1973 of Pablo Neruda, one of the most renowned poets in the world. Neruda was a Chilean citizen. He was also a strong supporter of Chilean president Salvador Allende, who the Chilean national-security establishment, with the encouragement of the U.S. national-security state, ousted ...
Drug-War Blindness Among Drug-War Proponents by Jacob G. Hornberger March 9, 2023 Yesterday, I wrote about two American tourists who were kidnapped and killed by a drug cartel in Matamoros, Mexico. I pointed out that if it hadn’t been for the drug war, those two people would be alive today. That’s because drug prohibition gives rise to violent drug cartels. No drug war would mean no drug cartels, ...
Three More Drug-War Deaths in Matamoros by Jacob G. Hornberger March 8, 2023 Proponents of the war on drugs have three more deaths to add to their drug-war ledger. A few days ago, two Americans, Shaeed Woodard and Zindell Brown, were killed by members of a drug cartel while visiting Matamoros, Mexico. According to CNN.com, “Investigators believe the Americans were targeted by a Mexican cartel that likely mistook them for Haitian ...
The Cold War Racket Is Back by Jacob G. Hornberger March 7, 2023 Chinese leader Xi Jinping has issued a direct critique against the U.S. government’s policy of containment when it comes to China. According to an article in the Wall Street Journal, the critique is unusual in that it comes directly from China’s leader rather than indirectly through governmental spokespersons. The Journal article quotes Shirley Martey Hargis, ...
Economic Liberty: A Right or a Privilege? by Jacob G. Hornberger March 6, 2023 Ever since China began liberalizing its economy, it has become fashionable in some circles to suggest that China went “capitalist.” This was especially true as economic prosperity in the country began rising. Not only were Chinese business people becoming millionaires and even billionaires, the standard of living of the Chinese people generally was soaring. The Chinese experience ...
An Encounter with Evil: The Abraham Zapruder Story by Jacob G. Hornberger March 3, 2023 Almost a year ago, The Future of Freedom Foundation published my book An Encounter with Evil: The Abraham Zapruder Story, which I consider to be the best work I have done in the 33-year history of FFF. For decades, the official story had been that the famous Zapruder film, which captured the assassination of President Kennedy, ...
Immigration Controls Come with Death by Jacob G. Hornberger March 2, 2023 Not surprisingly, immigration-control advocates are coming fiercely to the defense of George Allan Kelly, the 74-year-old Arizona man who is charged with murdering a Mexican citizen who illegally crossed the border into the United States and trespassed on Kelly’s ranch. Kelly and his wife live in a home on the ranch. I wrote about the Kelly case ...
Conservative Mental Dichotomy on the Draft by Jacob G. Hornberger March 1, 2023 The war in Ukraine has displayed a fascinating dichotomy that exists within conservatives. They uniformly condemn the Russian invasion of Ukraine while, at the same time, steadfastly ignoring the measures that the Pentagon took through NATO to provoke the invasion. Moreover, while they condemn the Russian invasion of Ukraine, they also continue to steadfastly support the U.S. ...
JFK’s Remarkable Peace Speech that Sealed His Fate by Jacob G. Hornberger February 28, 2023 The deep animosity against Russia and China that the U.S. national-security establishment has inculcated in the American people brings to mind the remarkable speech that President Kennedy delivered on June 10, 1963, at American University that sealed his fate. Just imagine what would happen to any American who today dares to say good things about Russia and China. ...
RATO and NATO by Jacob G. Hornberger February 27, 2023 Let’s engage in some imagining. Let’s imagine that Russia and China form a new organization, called the Russia Asia Treaty Organization, or RATO. One day they invite Nicaragua, Venezuela, Chile, Guatemala, and Mexico to become members. All of them agree. The U.S. government objects. “What is the purpose of extending RATO to our part of the ...
