Ron Paul's Alaska payback

Establishment Republicans are feeling the power of We the People who are no longer Sheeple.

Despite a disappointing third place finish in the March 6 Alaska caucuses, Ron Paul is looking like a winner there: A Paul supporter was voted in as the new GOP chairman Saturday at the state convention. It's more evidence of the political maturation of the Paul forces, who are beginning to seize the levers of powers from within state parties....This weekend, it was the young, sometimes bedraggled but always politically strident and not always so polite, supporters of presidential candidate Ron Paul who were certain that if they were in charge of the party, Alaska and the country would be a better place....It was a tough weekend all around for the GOP establishment in Anchorage -- from this KTUU report, it looks like Sen. Lisa Murkowski also had a rough go of it at the convention.

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Judy Morris,
Blogger, THL
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Thomas Sowell Returns

By: Thomas Winslow Hazlett Reason

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...

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...

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