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Michael Avenatti

The difference is Michael Cohen’s been convicted. I haven’t been.

Michael Avenatti, upon being asked about being charged with more crimes than his favorite target in his harassment campaign against President Trump, for which Avenatti became a darling of the mainstream media. Avenatti was sentenced, last week, to two and one half years in prison for extortion. Other cases are pending.
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Today

Thoreau

On July 12, 1817, American poet, abolitionist, businessman, and Transcendentalist philosopher Henry David Thoreau was born. He is perhaps best known, today, for his book of meditations on the simple life, Walden, and his influential essay on civil disobedience.

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by Paul Jacob video

Watch: Allergic to Trouble

The state of the world is nothing to sneeze at:

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Thought

King John of England

For a trivial offence, a free man shall be fined only in proportion to the degree of his offence, and for a serious offence correspondingly, but not so heavily as to deprive him of his livelihood.

Magna Carta Libertatum (“Great Charter of Freedoms”), commonly called Magna Carta (also Magna Charta; “Great Charter”), Clause 20, as signed by King John of England at Runnymede, first drafted by Stephen Langton, Archbishop of Canterbury.
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Today

The Weekawken Duel

A few hundred years ago, not far from Deas’ Point near Weehawken, N. J., was a ledge eleven paces wide and 20 paces long, situated 20 feet above the Hudson on the Palisades. This ledge, long gone, was the site of 18 documented duels and probably many unrecorded ones in the years 1798–1845. The most famous is the duel between General Alexander Hamilton, first Secretary of the Treasury, and Colonel Aaron Burr, third (and sitting) Vice President of the United States, which took place on July 11, 1804.

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Listen: Nothing to Sneeze At

Paul Jacob has allergies. The world is troubled. Put the two together and you have the latest episode of This Week in Common Sense:

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Thought

George Reisman

Socialism cannot be ruled for very long except by terror. As soon as the terror is relaxed, resentment and hostility logically begin to well up against the rulers. The stage is thus set for a revolution or civil war. In fact, in the absence of terror, or, more correctly, a sufficient degree of terror, socialism would be characterized by an endless series of revolutions and civil wars, as each new group of rulers proved as incapable of making socialism function successfully as its predecessors before it. The inescapable inference to be drawn is that the terror actually experienced in the socialist countries was not simply the work of evil men, such as Stalin, but springs from the nature of the socialist system. Stalin could come to the fore because his unusual willingness and cunning in the use of terror were the specific characteristics most required by a ruler of socialism in order to remain in power. He rose to the top by a process of socialist natural selection: the selection of the worst.

George Reisman, “Why Nazism Was Socialism and Why Socialism Is Totalitarian,” Mises Institute, 11/11/2005.
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Today

Anti-Bankster

On July 10, 1832, U.S. President Andrew Jackson vetoed a bill to re-charter the Second Bank of the United States, in effect ending formal central banking in the United States until the establishment of the Federal Reserve in 1913.

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crime and punishment national politics & policies too much government

Present for Police

From the people who brought you “Defund the Police,” prepare yourself for . . . “Throw Billions at the Police!”

“The Capitol Police on Monday announced a multi-pronged plan to expand its operations,” journalist Glenn Greenwald informs, highlighting that “the force intends for the first time to create a permanent presence outside of the Capitol.”

Instead of police defending the national Capitol, the U.S. Capitol Police (USCP) goes national.

“The Department is also in the process of opening Regional Field Offices in California and Florida,” announced the USCP news release, “with additional regions in the near future to investigate threats to Members of Congress.”

Plus, USCP declared it is “moving forward along a new path towards an intelligence based protective agency.” After being unprepared to defend capitol doors from a mob back in January, the force now morphs into yet another “intelligence” agency.

Does that make it the 18th such agency? 19th? Umpteenth?

USCP’s spread throughout the country is made possible by $2 billion in additional funding passed two months ago by the very narrowest of House margins, 213 to 212.

But what about 2020’s Democratic push to “defund the police”?

Three Democratic members of “The Squad” did vote with all Republicans against this expansion of the Capitol Police. Yet, three other Squad members — Representatives Alexandria Ocasio-Cortez (D-NY), Jamaal Bowman (D-NY), and Rashida Tlaib (D-Mich.) — simply voted “present.”

Had even one said “no,” super-sizing the budget and role of the Capitol Police would have failed.

“No more policing, incarceration, and militarization,” Rep. Tlaib tweeted last year. But she was “present” for $2 billion more.

“Defunding police means defunding police,” Ocasio-Cortez once declared. “It does not mean budget tricks or funny math.”

What about funny voting?

This is Common Sense. I’m Paul Jacob.


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Ludwig von Mises

The gold standard alone makes the determination of money’s purchasing power independent of the ambitions and machinations of governments, of dictators, of political parties, and of pressure groups. The gold standard alone is what the nineteenth-century freedom-loving leaders (who championed representative government, civil liberties, and prosperity for all) called ‘sound money.’

Ludwig von Mises, “The Gold Problem,”  p. 185.