Long Overdue, but nonetheless remembering a pioneer in journalism

Celebration of a Life: Remembering Walter Cronkite
By   Jimmy M.
     On July 17th, 2009, a pioneer in the broadcasting and news reporting trail passed on. This man left the news industry and the world for that matter, with so many unforgettable moments. Walter Cronkite, 92, was born from a Dutch background in St. Joseph, Missouri but [...]

Is There Such a Thing as Austrian Investing?

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Google/Murdoch Lawsuit

                                                        

The Notion of Fact v. The Idea of Fiction
: Two Heavyweights Battle It Out: The Murdoch “Fox” v. The Google Bomb   
 
 
By Jimmy M.
     There is a very interesting debate that is currently taking place in newsrooms around the world today. At the forefront of this debate are two powerful industries, both of [...]

Picture of the Day

A Little Story

Alexander Hamilton once visited Thomas Jefferson at his house. In Jefferson’s study, Hamilton noticed the portraits of 3 men on the wall. He asked Jefferson who they were.
Jefferson responds that those 3 men are the people he considered to be the greatest mortals who ever walked the earth–Sir Francis Bacon, Sir Isaac Newton, and John [...]

U.S. senator wants Fed to name loan recipients

From Reuters UK:
WASHINGTON, March 3 (Reuters) – A U.S. senator berated Federal Reserve Chairman Ben Bernanke on Tuesday for refusing to name banks that borrow from the central bank and introduced legislation that would require public disclosure.
In a testy exchange at a hearing before the Senate Budget Committee, Vermont Sen. Bernie Sanders, an independent who [...]

Daily Dose of Stupid

The NY Daily News is one of the worst papers in New York. Aside from lies and sensationalism, the “Voice of the People” section is a source of profound stupidity. This section gives me a sense of how the average person perceives the world. Unfortunately, I don’t hold the average person in high regard and [...]

Tribute to Black History Month: Civil War Double Agents

The Notion of Fact vs The Idea of Fiction:
Civil War “Double Agents” Rewrote the Course of History?

by Jimmy M.
This past Friday, new information concerning the intertwining roles of slavery and espionage was released. The report concluded that William Jackson, a menial slave and servant owned by Confederate President Jackson Davis and Robert Smalls who [...]

Quote of the Day

“The idea of achieving security through national armament is, at the present state of military technique, a disastrous illusion.”
- Albert Einstein

J.S. Mill’s Harm Principle

John Stuart Mill talks about the Harm Principle in his essay, On Liberty, though it is also discussed in John Locke’s Second Treatise of Government. J.S. Mill basically says that government should not forcibly prevent people from engaging in victimless crimes, specifically non-consensual harm.
“The object of this Essay is to assert one very simple principle, [...]