Congress has renewed its efforts to combat international money laundering this past August. In the House of Representatives, Representative Jim Leach (R-IA) has introduced H.R. 3886, the International Counter-Money Laundering Act, which has moved swiftly through the...
Nearly four years ago, Congress established a trial period for Medical Savings Accounts (MSA)–a tax-free savings account from which you pay your medical expenses. On December 31, 2000, unless Congress acts, the MSA program will become extinct. It is now time,...
“Social Security’s purpose is not to help you pay for your own retirement, but to force you to pay for your neighbor’s retirement or your neighbor’s parents’ retirement,”
Q. How is an “open-borders” immigration policy compatible with the principle of self-interest? While we have a welfare state, isn’t it irrational to encourage immigration? Shouldn’t the openness of our borders be tied to phasing out the...
Widespread in today’s political climate is a fallacy known as the package deal. A package deal is a term that equates opposites due to superficial similarity, while ignoring the fundamental difference. One example of the package deal that is endemic in the world...
The only really proper reform is the gradual abolition of the whole system, accompanied by the restoration of conditions in which people can rely on the future buying power of their savings.
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