Government

The F-35, the Scam of the Century

August 27, 2014 0

Source: Voltaire Network The F-35 is the largest weapons program in history. This multi-role aircraft is built by Lockheed Martin with Northrop Grumman and BAE Systems as major partners. It should equip the armies of […]

Wealth Abuse

Is Your Checking Account a Deposit Contract?

August 11, 2014 0

By Jeff Deist The blogger Bionic Mosquito has a post relating to today’s Mises Daily article on fractional reserve.  Mosquito makes that point that modern deposit contracts are not bailments, with the depositor retaining ownership. Instead, the individual depositor in […]

Wealth Abuse

Not Worth a Continental

August 4, 2014 0

by Jeff Thomas In late-18th-century America, something of minimal value was often described as being “not worth a continental,” which referred to the continental dollar, the American currency at the time of the revolution. The continental […]

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