The people and the warmakers are two distinct groups. We must never say 'we' when discussing the US government's foreign policy. For one thing, the warmakers do not care about the opinions of the majority of Americans. It is silly and embarrassing for Americans to speak of 'we' when discussing their government's foreign policy, as if their input were necessary to or desired by those who make war.

If credit expansion, protectionism, and government spending were a path to prosperity, mankind would have long ago created heaven on earth.

Subsidies create more of whatever is being subsidized.

Without market prices for capital goods, accounting is not possible. You don't know if you are making money or losing money, saving resources or wasting them, doing the right thing or not doing the right thing.

Above all, ascribe no decent motives to the federal government. Always and everywhere, it is the enemy of truth.

The state is a vast enterprise for declaring all sorts of things legal for itself that would be illegal for us.

American money was never more sound, or banking more free, than 200 years ago. Since then, it's been a long steady decline from the gold standard and competitive banking to our Fed-run system of inflated paper currency, deposit insurance, and perpetually shaky banks on the dole.