US core capital goods orders, shipments falter in May

Source: Reuters

“New orders for key U.S.-made capital goods unexpectedly fell in May and shipments also declined, suggesting a loss of momentum in the manufacturing sector halfway through the second quarter. The Commerce Department said on Monday that non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, dropped 0.2 percent, the largest decline since December.” (06/26/17)

Reason Podcast, 06/26/17

Source: Reason

“Peter Suderman joins Nick Gillespie and Katherine Mangu-Ward in a discussion moderated by Andrew Heaton. In addition to making sense of the unimaginative Republican [healthcare] bill and suggesting more radical reforms in place of it, they discuss a new CATO piece about the true number of libertarians in America; the cultural impact of Harry Potter two decades in (and which house Gillespie and Mangu-Ward would would fall into); and who should replace Justice Kennedy on the Supreme Court if he retires.” [various formats] (06/26/17)

Civil asset forfeiture: Where due process goes to die

Source: National Review
by Kevin D Williamson

“Asset forfeiture creates an obvious conflict of interest for law-enforcement agencies: Because the proceeds go into their budgets, they have a vested interest in maximizing the use of forfeiture in their jurisdictions. You will be less than surprised to learn that this has produced some serious abuses, and the law-enforcement tool intended to be used against centimillionaire cartel bosses inevitably ends up being used to harass — and loot — nobodies in East Funky. That is the nature of such innovations in government. It is why the city won’t fix your potholes but the revenue-producing red-light camera is never on the fritz for long.” (06/25/17)

Report: Kushner company received $285 million loan from Deutsche Bank shortly before election

Source: The Hill

“Jared Kushner’s real estate company received a $285 million loan a month before Election Day from a German bank that has lent millions to President Trump in the past, The Washington Post reported Sunday. Kushner was acting as both an adviser to the Trump campaign and working at his real estate company when his firm received the loan from Deutsche Bank. The White House told The Post that Kushner ‘will recuse from any particular matter involving specific parties in which Deutsche Bank is a party.’ Kushner and Deutsche Bank declined to comment to The Post on Sunday. Kushner also reportedly made a personal guarantee on the loan, which he did not reveal on his financial disclosure form with the Office of Government Ethics. … A lawyer representing Kushner told the Post in a statement that Kushner was not required to disclose the loan …” (06/25/17)

Lions of Liberty Podcast, episode 301

Lions of Liberty

Source: Lions of Liberty

“In today’s episode, Marc Clair is joined by Nicholas Veser of Liberty Link Media. Nick details how he became interested in libertarian ideas, how his own run-in with the State saw his business attacked, and how he responded by channeling his energy into Liberty Link Media.” [various formats] (06/26/17)

On civilizing mankind

by Butler Shaffer

“Whether you believe that Western Civilization is dead, or only in a state of irreversible entropy, it should be evident that much of our culture no longer serves the interests of human beings. The major cause, which may lead to the extinction of our species, is found in our willingness to identify with abstractions which, by their very nature, reside beyond ourselves. Whether we find our identities in our race, gender, age, ideologies and other belief systems, nationality, economic interests, political parties, social/political causes, or other products of our thinking, we divide ourselves from one another and generate conflict. My book, Calculated Chaos: Institutional Threats to Peace and Human Survival, elaborated upon how we create institutions, through which we organize ourselves based upon our identities. Because the existence of institutions depends upon these divisions, their interests require the constant creation of conflicts that are so destructive to the lives of human beings. Is it possible for us to learn to live in other ways?” (06/26/17)

Summer of Love’s hippies had it right about big government

Source: Independent Institute
by Lawrence J McQuillan

“Fifty years ago, during the Summer of Love, thousands of young people fled cultural norms and flocked to San Francisco’s Haight-Ashbury neighborhood. They didn’t all find what they were looking for, and the good vibes didn’t endure. But the hippies’ defiance of government holds lessons for us today.” (06/26/17)

UK: May’s Tories seal governing deal with DUP

Source: Bloomberg

“Prime Minister Theresa May kept her grip on power by reaching a deal with Northern Ireland’s Democratic Unionist Party, which will support her minority government in key votes in the U.K. Parliament. Broadcasters aired footage of Conservative Chief Whip Gavin Williamson and the DUP’s Jeffrey Donaldson, the party’s longest-serving member of the Westminster Parliament, signing the accord and shaking hands. … The so-called confidence and supply agreement caps 17 days of discussions after the Conservatives unexpectedly lost their parliamentary majority in this month’s snap election. With May relying on the DUP’s 10 lawmakers to win votes in the House of Commons, talks have centered on extra money for Northern Ireland and plans for the U.K.’s exit from the European Union.” (06/26/17)

Who tried to kill Putin — five times?

by Justin Raimondo

“A key part of the mythology surrounding Putin is that he’s a power-mad dictator, the reincarnation of Stalin, and yet the facts — little known, of course, and not reported in the Western media — give us quite a different perspective. For example, I’ve never heard a single news story about Putin’s career report the fact that he initially refused President Boris Yeltsin’s first offer to appoint him Prime Minister. He didn’t trust Yeltsin, with good reason, and to underscore the dangers inherent in the office at that point he says: ‘And there was only one thing I was thinking about back then: Where to hide my children?’ This is not someone who wants power for its own sake.” [editor’s note: Vlad fandom is nothing new for Raimondo, and seems to be returning to that comfort zone as his infatuation with Trump comes to an end – TLK] (06/26/16)

OK: Grandstanding AG charges doctor with murder for prescribing painkillers

Source: Yahoo! News

“A US doctor has been charged with second-degree murder after five of her patients died from a ‘horrifyingly excessive amount’ of painkillers. Dr Regan Nichols is accused of prescribing more than 1,800 opioid pills to the patients, who in some cases didn’t even require them. The Oklahoma osteopathic physician was on Friday charged with their murders. All five patients, who were aged between 21 and 55, died within a month of receiving their prescriptions between 2010 and 2013.” (06/26/17)