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When the Massachusetts colony issued its own unredeemable paper money in 1690, it was with the promise that it would soon be redeemable in specie. Like all paper money issued by government, it lost value and the confidence of the people.
Original article: https://mises.org/mises-wire/massachusetts-1690-first-western-fiat-experiment
With the U.S. military amassing in the Middle East ahead of possible strikes in Iran, a Democratic lawmaker explains his effort to limit the president.
The United States Constitution empowers Congress, not the president, to declare war.
That hasn’t stopped plenty of presidents from commanding military combat.
It didn’t stop President Trump from ordering airstrikes on Iran’s nuclear sites last year – and building up the U.S. military in the Middle East while he mulls further action this year.
So far in this Trump administration, efforts to reclaim that Congressional authority have failed.
Sen. Tim Kaine, Democrat of Virginia, explains why he is still pursuing a war powers resolution.
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Today we reminisce about pre-internet money culture and the dangers of the new digital paradigm, particularly for children, on the backdrop of ongoing lawsuits against social media companies. How can children navigate this new world, will tech companies be held accountable, and how does all this connect to the Epstein files? Plus John recommends Allegra Goodman's This is Not About Us.
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We are told that the Bill of Rights is the bedrock of our freedom, yet this same Bill of Rights ultimately has been used as a weapon against state sovereignty and against our individual rights.
Original article: https://mises.org/mises-wire/bill-rights-against-states
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Washington Congressional candidate & former Socialist Seattle City Councilmember Kshama Sawant returns to Bad Faith to give her no-holds-barred assessment of left elected officials as they navigate the Democratic Establishment, to weigh in on the Epstein files -- including Chomsky's involvement --, and to provide a clear blueprint for how the left should resist. She also weighs in on the limits of labor given business unionism capture and strategies to overcome it, while updating us on the progress of her Congressional campaign against Zionist corporatist Adam Smith.
Subscribe to Bad Faith on YouTube for video of this episode. Find Bad Faith on Twitter (@badfaithpod) and Instagram (@badfaithpod).
Produced by Armand Aviram.
Theme by Nick Thorburn (@nickfromislands).
The current outburst of protests against President Trump’s enforcement of immigration laws is overshadowing a question that is not being asked: Can we defend having national borders in the first place?
Original article: https://mises.org/mises-wire/defense-national-borders