Useless Idiots

Stories about people who are useless to society.

Anarchist Group Plans ‘Low Level Warfare’ Against Olympics

The “anarchist” website 325.nostate recently issued a proclamation that declares a guerrilla war against Olympic organizers, “In the United Kingdom of clockwork control and domestication, we’re some of the ‘unpatriotic ones’ who find the 2012 Olympics, with the ensuing spectacle of wealth (when so many here struggle to feed themselves and their families), harmful developments and escalating police state,…

Rand Paul Endorses Mitt Romney?

“precisely the person I would want to turn around a failing business like our government.” I’m not sure what is going on here, but that wasn’t the brightest thing for him to say. Does he honestly believe a socialist like Romney is the best person to turn around our government? Is he shooting for a…

Romney Obama the Same

A great video short that compares numerous clips of Obama and Romney saying the exact same things on every issue imaginable. For a comparison, listen to Ron Paul’s response to the same issues.

Bryan Caplan’s Errors of Logic Regarding Austrian Business Cycle Theory

Caplan writes: What I deny is that the artificially stimulated investments have any tendency to become malinvestments. Supposedly, since the central bank’s inflation cannot continue indefinitely, it is eventually necessary to let interest rates rise back to the natural rate, which then reveals the underlying unprofitability of the artificially stimulated investments. The objection is simple:…

Milton Friedman Killed America

The Curse of the Withholding Tax Austrian economist, Murray Rothbard (1926–1995), in his 1971 article “Milton Friedman unraveled“: One of Friedman’s most disastrous deeds was the important role he proudly played, during World War II in the Treasury Department, in foisting upon the suffering American public the system of the withholding tax. Before World War II, when…

NASA Scientist Says Global Warming = Slavery, Must Be Stopped With a Global Tax

The Guardian reports: Averting the worst consequences of human-induced climate change is a “great moral issue” on a par with slavery, according to the leading NASA climate scientist Prof Jim Hansen. He argues that storing up expensive and destructive consequences for society in future is an “injustice of one generation to others”. Hansen, who will next Tuesday be awarded the…

Bernanke’s Gold Bashing Propaganda Tour

Article I wrote for PolicyMic: Ben Bernanke, chairman of the Federal Reserve , recently spoke at George Washington University while on a government sponsored campaign to help prop up the theory of central economic planning in the face of widespread public criticism. During his speech Bernanke took pot shots at free market money. Bernanke remarked that, “Since…

America’s Founders Were Pro-Big Government, But Only Because It Suited Their Interests

Recently, PolicyMic pundit Mathew Rozsa authored an article “Memo to Ron Paul and Glenn Beck: America’s Founders Were Not Anti-Government” in which he makes the case that many of the founding fathers wanted a progressive centralized national state. On this point, I agree with him 100%. However, Rozsa then goes on to claim that Federalists like Alexander Hamilton wanted…