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Microsoft Sees Consequences of Capitalism

Competition Drives Battle between Xbox One and PS4 by Keith Farrell As two entertainment giants battle for better positioning, the gaming world waits in anticipation for the next generation of home gaming consoles.  Microsoft and Sony both plan to release new versions of their flagship gaming consoles this fall.  However, while the Xbox One and…

Beautiful Video! Coca-Cola brings India and Pakistan together

Coca-Cola’s “Small World Machines” give people the opportunity to interact with one another in a friendly way across borders and political lines. In a beautiful video, Coca-Cola attempts to build positive relations between India and Pakistan through sharing an ice-cold beverage together. The video shows video connected vending machine placed in both countries where users…

Ron Paul on Bloomberg: Time to Buy Gold? Or Bitcoins?

Ron Paul appeared on Bloomberg to defend his investment portfolio, which has lost a tremendous amount of value in the past few months coinciding with the steep drop in gold prices. The anchors pressed Paul on how he can reconcile his losses of over 40% of his value but he countered by challenging the long…

Sen. Rand Paul to John Stossel: Sequester doesn’t cut enough

Senator Rand Paul appeared on John Stossel’s show on Fox Business to declare that the sequestration cuts so feared by the establishment political class “don’t go far enough.” Stossel starts off with a monologue about how the older generation is ripping off the young through entitlement programs. He mocks politicians that call the sequester a…

*POLL* WHICH FORM OF CORPORATISM DO YOU MOST DESPISE?

Libertarians criticize conservative and social democrat policy because of the special relationship afforded to corporations economically. Some of those corporations include the motion picture industry, the pharmaceutical industry, the banking and finance sector and the industrial products sector. Food is subsidized via corn subsidies. These amount to small giveaways to farmers with specific instructions like NOT…

*POLL* Should President Obama’s paycheck be exempt from sequestration cuts?

The Libertarian Republic has learned that the sequestration cuts agreed to by President Barack Obama in 2011 do not apply to his own paycheck. A recent report by the Congressional Research Service lists a host of exemptions, one being the President’s salary and the other is pensions owed to former Presidents. Although Americans increased their…

*VIDEO* Peter Schiff: It’s going to hit the fan in Obama’s second term

(New York, NY) Euro Pacific Capital President Peter Schiff appeared on Fox Business Monday to debate inflation and gold prices with host Stuart Varney. The segment involved a spirited back and forth between the two as Schiff responded to Varney’s challenge that there is no inflation in Japan after their hyperexpansionary monetary policy. Schiff described inflation as…

Libertarian Vs. Socialist – Should we raise the minimum wage?

Libertarian Vs. Socialist – Should we raise the minimum wage?

I took on Thom Hartmann over the minimum wage increase proposed by President Barack Obama in his recent State of the Union Address. The outspoken Progressive talk show host argued that a minimum wage increase would increase fairness and boost spending in the economy. This type of fallacious thinking is laid bare when the economic…