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Austerity is So Yesterday | the Blog of the Real Estate Center. Austerity has been the buzzword in global economics for the past year. It’s just a fancy word for living within your means. Lots of European countries have been talking about how they need to reform and stop running up so much debt every year. It appears to me the concept of austerity in Europe is dying rapidly. The voters don’t want it. They are used to getting things from their government, and they don’t care how they get it. Who cares if you have to borrow? Who cares if the European Central Bank (ECB) has to print money to buy your government bonds because no sane investors will? Governments that were leading the charge for austerity are crumbling by the week. It appears that the word “austerity” is out. What does all this mean?

Look for bond ratings agencies to start downgrading European debt again. Keep in mind that the American taxpayer is a big contributor to the IMF. First, increased foreign investment in U.S. The economic ignorance gap between liberals and conservatives. Good old John Edwards was actually right about one thing. He said there were two Americas. Under Obama, the John Edwards' thesis has come true. The first America is represented by those who work in the government sector (folks who almost always support Obama and vote for Democrats), and who think the private sector is doing just fine. The second America is represented by private sector entrepreneurs, small business owners, and job creators (who almost always support conservative candidates and causes) who know the terrible truth – the economy is in horrible shape. The difference between these two Americas is due to economic ignorance. To save America, we must ignore those in the government sector and start listening to those in the private sector who are living at "ground zero.

" They are the experts. They have the "boots on the ground. " They understand first-hand what Obama’s policies have wrought: complete economic collapse. Don't believe me? They don’t sell anything. So there you have it. John Stossel - Conservative Columnist and Political Commentator. Stossel's Take | John Stossel Blog. What if the GOP is Pulling the Wool Over the Eyes of Republican Voters? | Fr33 Agents. Squealing Versus Killing by Judge Andrew P. Napolitano on Creators. Last week, National Intelligence Director Gen. James R. Clapper sent a brief letter to Sen. Ron Wyden, D-Ore., a member of the Senate Intelligence Committee, in which he admitted that agents of the National Security Agency (NSA) have been reading innocent Americans' emails and text messages and listening to digital recordings of their telephone conversations that have been stored in NSA computers, without warrants obtained pursuant to the Constitution.

That the NSA is doing this is not newsworthy — Edward Snowden has told the world of this during the past 10 months. What is newsworthy is that the NSA has admitted this, and those admissions have far-reaching consequences. Since the Snowden revelations first came to light last June, the NSA has steadfastly denied them. The official NSA line on this has been that the Foreign Intelligence Surveillance Act (FISA) court has issued general warrants for huge amounts of metadata only, but not content.

Andrew P. The Natural Right To Be Free by Laurence M. Vance. By Laurence M. Vance Recently by Laurence M. Vance: Romans 13 and Obeying the Government It Is Dangerous to Be Right When the Government Is Wrong: The Case for Personal Freedom by Andrew P. Three recent books on libertarianism – Jeffrey A. A possible drawback to those titles is that people who have an aversion to what they think is libertarianism might not be inclined to peruse those works. That is because libertarianism is simply the philosophy of freedom: freedom for one to do with his person and property as he chooses as long as in doing so he doesn’t aggress against the person or property of another.

Although other books on libertarianism might give non-libertarians a problem with their title, Napolitano’s book might give libertarians a problem because of the author. Don’t think for a minute that I say that because Napolitano merely quotes Rothbard in the book. It Is Dangerous to Be Right When the Government Is Wrong is a passionately written and eminently readable book.

Laurence M. Andrew P. Napolitano: Archives.