Bonds and Bondage: Who Owns Who


There have been some recent comments on the web of how bad of a year 1913 was. With the creation of the Federal Reserve System, the passing of the 16th amendment (income taxes), 17th amendment (removal of States power by electing Senators directly) and 18th amendment (alcohol prohibition) much of the liberty Americans once had…

The Failure of Socialism


In an earlier article, “Economic Ignorance“, we discussed the importance of profits and the incentives to gain those profits. At the end of the article I eluded to the failure of socialism. This article will go into some depth of why socialism is a failure. Flesh and Blood We must first begin with the understanding…