Pledge for Rand Paul!

This week's news that Kentucky Senator Jim Bunning is stepping down from another run has fueled a lot of excitement and energy for the 2010 Senate campaign of Dr. Rand Paul, the son of Texas Congressman and 2008 Presidential hopeful Ron Paul.

Some weeks ago, Trevor Lyman, who started the two successful money bombs for Ron Paul's Presidential bid in 2007, launched RunRandRun.com to raise Rand Paul $1,000,000 in one day this August 20th.

I just want to strongly encourage you to visit the site and pledge to support Rand this August 20th, which happens to be Congressman Ron Paul's birthday. Let's give Ron Paul the best birthday present he could ask for and help put another liberty-loving patriot on Capitol Hill!

Action Alert:

If you are concerned that your pledge won't make a difference- here's how it can: I have a friend named Jon who is an active member of the Republican party in my county who says he will pledge $100 for Rand Paul's Aug 20th money bomb if I can find ten other people who will pledge along with him.

Together, that means $1100 towards sending Rand Paul to Washington. I told him that I could find at least ten people who would go in with him. If you are willing, please e-mail me or leave a comment on this thread (along with your e-mail address) saying you are willing to match Jon's $100 if I can pull together ten people.

When I get ten pledges, I'll e-mail all of you to let you know and I'll include a link to RunRandRun.com so you can sign up to drop your money bomb on August 20th!

Tax Bill Is Beginning of Formal Debt Criminalization

The noose is tightening on liberty. The United States Congress is steadily headed to a place where those who owe money to the US government shall be treated criminally. This phenomenon is advancing domestically and now, increasingly, internationally. The first shot in this latest campaign took place in 2010 when US President Barack Obama signed into law The Foreign Account Tax Compliance Act. It demanded, basically, that foreign banks withhold up to 30 percent of the income that an American abroad might earn. This bill isn't working so well because overseas banks are not cooperating (a state of affairs that was certainly expected). Thus, there is a need for something else: Senate Bill 1813, recently introduced by Senator Barbara Boxer (D-CA). This bill, in part, states that taxpayers with unpaid taxes over US$50,000 may find their passports confiscated. This isn't criminal per se, but the IRS has recently made noises about "sharing" information with police a...

Thomas Sowell Returns

By: Thomas Winslow Hazlett Reason

How To Cripple The Real Estate Market In Five Easy Steps

If the government and the banks had just allowed real estate prices drop to market equilibrium, we'd be out of this mess and housing would truly be affordable. But the government is determined to artificially prop up housing prices, whatever the cost to the economy. If you were head of Central Planning (howdy, Ben!) and were tasked with crippling the real estate market, here's what you would recommend. Choke the market and banking sector with zombie banks... Have the central bank (the Federal Reserve) buy up $1 trillion in toxic, impaired mortgages... Lower the rate that banks can borrow from the Fed to zero, and then pay the banks interest on all funds deposited at the Fed... Try to prop up the housing market by giving poor credit risk buyers loans with only 3% down... Load young people up with the equivalent of a mortgage in student loans... OK,let's see how our Organs of Central Planning are doing: check, check, check, check, check: a perfect score! they're...

The Humble Libertarian original

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