GAO: Pentagon overpays for nearly everything

According to a recent report from the Government Accountability Office, the Pentagon is paying way too much for nearly everything. From Business Week: Across the military, the average major Pentagon acquisition comes in at 40 percent over budget, according to a recent...

End Torture, Shut Down the CIA!

Remember back in April, 2007, when then-CIA director George Tenet appeared on 60 Minutes, angrily telling the program host, “we don’t torture people”? Remember a few months later, in October, President George W. Bush saying, “this government does not torture people”?...

Ron Paul on CNBC: Give Free Markets A Chance

Austrian economists define inflation as an increase in the money supply, which in turn leads to higher prices for goods and services. This is important to note for a number of reasons, but most importantly for the point made by Ludwig von Mises in his 1951 essay...