RON PAUL 2012 END THE FED VIDEO

The Deepening Depression

by William L. Anderson

Originally posted on Mises.org

While Austrians and Keynesians don’t agree on a lot of things, there is one thing on which they both seem to agree: the US economy is sinking into the morass of depression. At that point, however, the agreement ends, as the two schools have very different explanations as to why this is happening.

The Keynesians, through Paul Krugman and his New York Times megaphone, have been claiming that the original Barack Obama “stimulus” was too little, and the current emphasis on budget cutting at all levels of government is exactly the wrong strategy. Austrians, not surprisingly, believe that this explanation is nonsense, and dangerous nonsense.

In a recent column, Krugman lays out his thesis, and it is useful, for it truly exposes the Keynesian mind at work, and a Keynesian mind that allows for no other explanations as to what is happening. The problem is — and always will be — a lack of “aggregate demand,” and the only solution is for governments to spend as though they have hit the jackpot.

The New York Times’ Broken Record- Whoops! We Rushed to Judgment, but the Charges Are Not True!

by William L. Anderson

Originally posted on lewrockwell.com

Credit: Retuer/Alison Joyce

To the surprise of no one who has done even a smidgen of due diligence in the sexual assault case against former International Monetary Fund head Dominique Strauss-Kahn, the New York Times and other news outlets are reporting that the whole thing is falling apart because the accuser has been spinning more stories than did Crystal Mangum of Duke Lacrosse case fame. His release on his own recognizance (after originally being held on $5 million bond) is the last step before this case officially is trashed, I believe.

Shortly after Strauss-Kahn’s arrest, a forensic nurse (who is a skilled interviewer in sexual assault accusation cases) and I were discussing the case and as she laid out the facts, it was pretty obvious that from the start, the police and, more important, the Manhattan district attorney’s office, were telling Mike Nifongesque lies. Remember that he supposedly left the hotel immediately after the attempted rape, being in such a rush that he left his cellphone behind in an attempt to quickly get out of the country?

It turns out that he checked out of the hotel in an orderly fashion, went to the airport, and then called the hotel to see if they could deliver his cellphone to him. None of his actions seemed to be those of a man desperately trying to leave the USA, although given the state of “law enforcement” in this country, I can’t blame him for wanting to get the heck out of this place.

Tucson Murders and the Modern American Political Culture

by William L. Anderson

Originally posted on Lew Rockwell.com

William L. Anderson

When a mentally unstable man murdered six people and severely wounded Congresswoman Gabby Giffords in Tucson, Arizona, last January, Pima County Sheriff Clarence Dupnik was quick to blame Sarah Palin andSharron Angle for the shootings, and others like Paul Krugman also claimed that it was a political shootingorchestrated by the Right. Not surprisingly, Dupnik was the darling of the Left, as he claimed that the “lack of civility” from non-leftists.

Four months later, Dupnik’s SWAT charges gunned down Jose Guerena as they barged into his house. Guerena allegedly was holding an AR 15 (with the safety still on), and as the video in this article shows, Dupnik’s employees wasted no ammunition, firing more than 60 shots in a few seconds. Guerena was still alive when paramedics arrived, but Dupnik’s ambassadors for “civility” would not let them tend the wounded man until he was dead.

The reaction of the sheriff is most instructive. In the January incident, he openly blamed people who were not responsible for the killings; in May he denied that his office shared any blame at all in the killing of Guerena even though they fired the bullets. Guerena, according to Mr. “Civility,” totally was at fault, as Pima County SWAT officers did nothing wrong.