Blog Archives

Italian Students Storm Milan Goldman Sachs Office

Italians, once again betrayed by their politicians who were bribed by Berlusconi to vote for him in the latest vote of “confidence” (at a price of €250k per vote), have decided to make their feelings for financial innovation, and its patron saint, known, by storming the Goldman office in Milan.

Border Patrol agent convicted of drug trafficking

PHOENIX (Reuters) – A U.S. Border Patrol agent caught with more than 700 pounds of marijuana inside his truck was convicted in Arizona on Wednesday of drug-trafficking charges, authorities said. Michael Atondo, 34, was arrested in April while on duty near the U.S.-Mexico border, with 44 marijuana bundles stacked neatly inside his marked border-patrol vehicle.

Ron Paul wins Bloomberg readers poll as best candidate on the economy

On October 12th, the Republican presidential hopefuls met at Dartmouth University for a debate on economic issues which was sponsored by Bloomberg. Several questions that included taxation, job creation, housing, and welfare benefits were asked of the candidates, and in a readers poll conducted after the debates were finished, Congressman Ron Paul was voted the…

Decriminalize the Average Man

In 2003, “three pickup trucks” with “six armed police in flak jackets” pulled up to 66-year-old George Norris's house in Texas. Norris was detained for four hours while they ransacked his home and confiscated 37 boxes of possessions without offering a warrant or an explanation. In March 2004, Norris was indicted under the Convention on…

Ron Paul Calls Out Herman Cain For Lie Over Fed Audit During GOP Debate

At the GOP Bloomberg/Washington Post debate Tuesday night, Ron Paul, the longest-serving advocate of a Fed audit in Congress, asked Herman Cain, a former director of the Kansas City Fed, why he opposed an audit of the central bank, and why he called advocates of such an audit ignorant. “Mr. Cain, in the past you…

A Nobel for Thomas Sargent

No matter how skeptical one is of the authority of “experts,” it’s hard to avoid paying at least some attention to the people who award the Nobel prize—especially when they give one to someone who tends to support some things one tended to believe already. So it is in the case of Thomas Sargent, the…