According to media reports, President Trump is set to announce a significant shift in US policy toward Libya. He is expected to send in some 50 special forces troops on a permanent basis and to establish a diplomatic presence there. Can more US troops and bureaucrats fix what they destroyed in the first place?
By Liberty Report Staff
No one should be surprised that neocons are unhappy with a ceasefire in Syria.
America working with Russia is a cardinal sin according to the neocon bible.
Senator John McCain is very unhappy that Putin is "getting away" with this:
"If you were Vladimir Putin, who I've gotten to know over the years, you're sitting there and you got away with literally trying to change the outcome not just of our election. French election. Tried to overthrow the government of Montenegro, a beautiful little country," McCain said.
Speaking of getting away with things, and overthrowing governments, we know for sure that the U.S. overthrew the government of Iraq.
Was John McCain trying to stand in the way of what would become one of the biggest (if not the biggest) disgrace in American history?
Or was John McCain saying stuff like this:
- "I am very certain that this military engagement will not be very difficult."
That's just Iraq.
We can move around the world, from one U.S. military debacle to another, and reflect on all of McCain's war-hungry prognostications.
The "penalty" for McCain?
He's still Senator from Arizona 14 years later, and is regularly sought out by the American mainstream media for his opinions.
A partial ceasefire has taken affect in south west Syria in a deal finalized by last week's Putin/Trump meeting. This is not the first "ceasefire" declared. Will it be the last? Who comes out better in the deal?
Press Play to hear Ron Paul deliver the following Weekly Update:
By Ron Paul
Federal Reserve Chair Janet Yellen recently predicted that, thanks to the regulations implemented after the 2008 market meltdown, America would not experience another economic crisis “in our lifetimes.” Yellen’s statement should send shivers down our spines, as there are few more reliable signals of an impending recession, or worse, than when so-called "experts" proclaim that we are in an era of unending prosperity.
For instance, in the years leading up to the 2008 market meltdown, then-Fed Chair Ben Bernanke repeatedly denied the existence of a housing bubble. In February 2007, Bernanke not only denied that “sluggishness” in the housing market would affect the general economy, but predicted that the economy would expand in 2007 and 2008. Of course, instead of years of economic growth, 2007 and 2008 were marked by a market meltdown whose effects are still being felt.
Yellen’s happy talk ignores a number of signs that the economy is on the verge of another crisis. In recent months, the US has experienced a decline in economic growth and the value of the dollar. The only economic statistic showing a positive trend is the unemployment rate — and that is only because the official unemployment rate does not count those who have given up looking for work. The real unemployment rate is at least 50 percent higher than the manipulated “official” rate.
A recent Treasury Department report’s called for rolling back of bank regulations could further destabilize the economy. This seems counterintuitive, as rolling back regulations usually contributes to economic growth. However, rolling back bank regulations without ending subsidies like deposit insurance that create a moral hazard that incentivizes banks to engage in risky business practices could cause banks to resume the unsound lending practices that were a major contributor to the growth, and collapse, of the housing bubble.
The US economy is already faced with several bubbles that could implode at any time. These include bubbles in student loans and automobiles sales, and even another housing bubble. The most dangerous of these bubbles is the government bubble caused by excessive spending. According to a 2016 study by the Mercatus Center, at least four states could soon join Puerto Rico and Illinois in facing bankruptcy.
Of course, the mother of all government bubbles is the federal spending bubble. Despite claims of both defenders and critics of the president’s budget, neither President Trump nor the Republican Congress have any plans for, or interest in, reducing spending in any area. Even the so-called cuts in Medicare and other entitlement programs that have generated such hysterics are not real cuts, but “reductions in the rate of growth.”
Some fiscal conservatives are praising the administration’s proposal to finance transportation spending via government bonds. However, the people will eventually have to pay for these bonds either directly through income taxes or indirectly through the inflation tax. Government-issued bonds harm the economy by diverting investment capital away from the private sector to the “mixed economy” controlled by politicians, bureaucrats, and crony capitalists.
If Congress continues to increase spending and the Federal Reserve continues to facilitate that spending by monetizing the debt, Americans will face an economic crisis more severe than the Great Depression. The crisis will likely result from a rejection of the dollar as the world’s reserve currency. Those of us who know the truth must redouble our efforts to ensure a peaceful transition away from the Keynesian system of welfare, warfare, and fiat currency to a society of peace, prosperity, and liberty.
Politicians and politically-connected corporations abhor the free market. In healthcare specifically, this duo has created a nightmare. It began decades ago, and as the "regulations" and subsidies piled up, so have our bills and wait times for receiving care. Government Healthcare is ready for hospice. Ron Paul points the way back to the free market on today's Myth-Busters!
By Chris Rossini
The state of Missouri is showing us once again that supply and demand always wins in the end. Whenever government intrudes into private contracts, it distorts economic reality.
When prices rise (for anything) people buy less.
Wages are a price.
If government artificially raises that price, employers will buy less. It's very simple, yet very hard for many people to accept.
Daily Caller reports:
As rallies across the country have demanded an increase in the minimum wage to $15 per hour, one state is reducing its legal lowest rate. Missouri is rolling back its minimum wage from $10 to $7.70.
With a minimum wage of $10, all individuals that lack the skills to earn it are forced into unemployment, courtesy of the government.
Government can artificially raise wages, but it can't magically make people more valuable to employers. If you're only capable of earning $6 or $7/hr, no one is going to pay you $10/hr, no matter what the government says.
The real minimum wage is $0.
No one has to give anyone a job.
The minimum wage merely prices people out of getting a job. The higher it goes, the more people will be kicked into unemployment.
Minimum wage laws should be abolished completely. Government has no business sticking its nose in a voluntary contract between two individuals.
Missouri isn't ready to go all the way to freedom yet, but at least they're heading in the right direction.
A day before his historic meeting with Russian president Vladimir Putin, Donald Trump had strong words for Russia in his speech in Warsaw. Is it bluster? Or will he seek to put Putin in his place? And what of the voters attracted to his "let's get along with Russia" slogan?
By Liberty Report Staff
Americans are never (ever) supposed to think about motives.
A never-ending carousel of bad people seek to hurt America, which is merely minding its own business, focused on defending America only, and following the U.S. Constitution to the letter.
Why would North Korea want nuclear weapons anyway?
You're not supposed to ask that question.
But, just in case you're curious, Jacob Hornberger writes at The Future of Freedom Foundation:
So why does North Korea want nuclear weapons, especially ones that can reach the United States? It wants them for the same reason that Cuba, another communist state, wanted nuclear weapons back in 1962 — for defensive purposes.
Yesterday's North Korea missile launch has heightened tensions with the US. China has warned of uncontrollable escalations if something is not done. President Trump is issuing his own warnings...to North Korea and China. How can this be resolved? We have an idea...
By Liberty Report Staff
When Obama was in office, Republicans voted 60 times for a straight repeal of Obamacare.
Once Republicans captured all three branches of government, they're no longer for repeal.
Republicans have been pulling this trick since FDR. Both parties are for maximum government control over our lives. The Democrats are just more honest about it.
Ron Paul on Fox Business below: