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Puppet State America

Puppet State America | MN News Hound | Scoop.it

The United States government and its subject peoples think of the US as “the world’s only superpower.” But how is a country a superpower when its entire government and a majority of the subjects, especially those members of evangelical churches, grovel at the feet of the Israeli Prime Minister? How is a country a superpower when it lacks the power to determine its own foreign policy in the Middle East? Such a country is not a superpower. It is a puppet state.

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Holy Smokes! Fractional Reserve Banking Explained « LewRockwell.com Blog

Holy Smokes! Fractional Reserve Banking Explained « LewRockwell.com Blog | MN News Hound | Scoop.it

Thanks to Ike Renner for pointing out this Salmon Khan video on fractional-reserve banking. Mr. Khan, perhaps the most significant educator of our time, is the founder of the Khan Academy, which teaches—in the most extraordinary way—math and so much else to anyone who wants to learn, for free. I have long admired this great philanthropist. Now I discover he is a Rothbardian on banking! Since millions of homeschoolers and other smart students all over the English-speaking world are devoted Khanians, and their numbers are growing, this presages much good for the future of Austrian economics. Adds Ike: "It seems that whether a person's core concern is education, finance, food supply, or foreign policy, once committed to liberty, it doesn't take long to arrive at the front door of the Mises Institute!"

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