Forget The Hype: Public Infrastructure Generates Waste, Fraud And Abuse

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
Authored by Carey Wedler via TheAntiMedia.org,
Amid international calls for an independent inquiry into Saudi war crimes in Yemen, the Kingdom has investigated itself and found it has done nothing wrong.
Countries including China, the Netherlands, and Canada have pushed forward with a U.N. Human Rights Council draft resolution to establish an independent investigation into Saudi war crimes against civilians in the small war-torn nation of Yemen.
Gold spiked and USDJPY tumbled as headlines from Japan's Nikkei newspaper confirmed US military officials' observations last night that North Korea is said to show signs of missile launch preparation.
Global stocks backed off from all time highs, and S&P futures are unchanged ahead of the much anticipated US CPI report, which is expected to break a streak of five consecutive misses, while eyeing disappointing overnight Chinese economic data which missed across the board. European stocks and Asian markets were also modestly in the red, with the relentless global rally to new daily record highs taking a breather amid some concerns China's economy is rolling over, which weighed on commodities including base metals, which in turned dragged down mining stocks.
Robbie Travers, a 21-year-old law student, is being investigated by the University of Edinburgh for claims he committed a “hate crime”.
As we detailed previoustly, sharing a comment on his Facebook page – in response to the U.S. Air Force dropping a massive ordinance air blast (or MOAB, “Mother Of All Bombs) on a network of ISIS tunnels in Afghanistan in April – Travers said: