Allowing banks to fail may sound extreme, but it’s really the most reasonable solution.
– Peter Jacobsen, "Why We Should Let Bad Banks Fail" (2023)
HORNBERGER'S BLOG
March 17, 2023
Separate Money and the State
The United States once had the finest monetary system in history. It was a system that the U.S. Constitution established. It was a system in which the official money of the United States consisted of gold coins and silver coins. We often hear that the “gold standard” was a system in which paper money was “backed by gold.” Nothing could be further from the truth....
The Libertarian Angle: My Fight with HUD
by Jacob Hornberger
In the 1970s, I got into a huge fight with HUD, one of the most crooked and corrupt federal agencies in history. This is the story of that fight.
Biden Weaponizes Hate to Win Votes
by James Bovard
Historian Henry Adams observed a century ago that politics “has always been the systematic organization of hatreds.” President Biden confirmed this axiom in his ...
Sports Gambling: The Latest "Public Health" Crisis
by Laurence M. Vance
The Kansas City Chiefs were not the only winners in Super Bowl LVII last month at State Farm Stadium in Glendale, Arizona. The American ...