By: Ryan McMaken Conscription, also known as “the draft,” is typically justified with appeals to values like partriotism, public service, and “sharing the burden.” That’s in peacetime. In times of war, of course, government claims conscription is necessary to provide the manpower needed for military victory. Apologists for the draft keep all of these claims ready, just in […]
Archives for September 2017
Jamie Dimon: ‘Fraud’ bitcoin could surge to $100k before it collapses
Bitcoiners, like advocates of marijuana, are ardent in their support for the peer-to-peer decentralized digital currency. If you dare criticize any aspect of the virtual currency or the blockchain, then you will face the consequences of your remarks. JPMorgan Chase & Co. CEO Jamie Dimon warned this week that bitcoin is a “fraud,” but he […]
Video: The prostitution of CNN’s Jim Acosta
CNN has proven that journalism is all about activism, especially in the age of Donald Trump. There is no one who exemplifies an activist pretending to be a journalist more than Jim Acosta, who uses his reportage to deliver speeches and public activism. Whether he is whining on television or shouting down White House officials […]
Austria goes long, starts sale of century-long bonds
If there is one market that is definitely in a bubble it is the ultra-long bond market, one that is primarily utilized by debt-ridden governments. The latest country to adopt the ultra-long bond instrument is Austria, a nation that became the first in the eurozone to sell a 100-year bond. This comes several months after […]
Breakfast at Yellen’s: Ivanka Trump met with Janet Yellen in July
Will social justice efforts be amplified at the Federal Reserve? That’s the fear after new reports reveal that Ivanka Trump met with Fed Chair Janet Yellen for breakfast. The United States central bank has already embraced the concept of social justice by attempting to make its members more ethnically diverse. (Of course, like all social […]