JW VICTORY!   Illegal Alien Tuition to Stay on Maryland Ballot

As many of you know, Judicial Watch has been locked in a key legal battle in Maryland over the issue of in-state tuition for illegal aliens.

Judicial Watch’s goal is simple: to allow voters in Maryland the opportunity to vote on a new policy passed by the state legislature in 2011 that allowed discounted tuition for illegal alien students in Maryland. Illegal immigration activists attempted to keep the issue off of the ballot by filing a lawsuit after our client, MDPetitions.com, collected more than enough signatures to put the issue to a vote this coming November.

“This is the end of Western civilisation.”  -- Lewis Douglas (US Budget Director), remark to James P. Warburg after President Roosevelt announced that the US was going off the gold standard, April 18, 1933  

Douglas was wrong, of course.  The end of Western civilisation had already come sixty years earlier, when the United States demonetised silver.  In the last eight months I have been forced to recognize a huge gap in my understanding.

 I know that I am not alone, since over and over I read phrases like, “Gold is the money that has withstood the test of time” and “Gold has always been the only money,” and “Gold is the only money with intrinsic value.”

Credit Card Tips from the Federal Reserve Board: To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard. – DB Reader submission via a Marriot Rewards Card invitation   

Dominant Social Theme: The Fed cares for you!

Free-Market Analysis: A close friend of ours just received a promo advertising a "Marriot Rewards Cards." She was surprised to find, upon reading the "terms and conditions," a note suggesting a visit to a US Federal Reserve website that would educate her about credit cards generally.

In a recent New York Times piece, bestselling textbook author, Harvard professor, and Mitt Romney advisor Greg Mankiw offered four principles of tax reform that are almost universally endorsed by professional economists, even extremely free-market ones.  

In the present article, I'll critique Mankiw's views from a Rothbardian perspective. The ostensible consensus viewpoint among economists on fixing the tax code shows the perils of groupthink.

Greg McCoach, publisher of The Mining Speculator, feels gold is ultimately headed above $6,000/oz and silver into the hundreds of dollars and those who aren't paying attention now are missing their best opportunity to buy before the frenzy begins in earnest. In this exclusive interview with The Gold Report, he spells out the reasons for his optimistic projections and shares several of his favorite stories in the junior mining sector, which he believes is headed for much higher ground.

Marilyn MacGruder Barnewall on the Problems of Central Bank 'Debt Capitalism' and the Promise of US-Style State Banking  

The Daily Bell is pleased to present this interview with Marilyn MacGruder Barnewall

Introduction: Marilyn MacGruder Barnewall served as president of The MacGruder Agency, Inc., a bank financial consulting firm, from 1979 through 1993. She was known as the "guru" of North American Private Banking (so-called by Town and Country andTrust and Estates magazines) and a 1989 issue of Forbes magazine called her the "Dean of American Private Banking." Today, Ms. Barnewall is retired and has devoted her energies to writing books, articles and legislation focused on state banking and, generally, the devolution of American banking. Some of her ideas are similar to those of "public-banking" advocate Ellen Brown.