The Money of Your Choice
(The Feature Article)

L. Neil Smith's
The Libertarian Enterprise

Official Journal of the National Recall Coordinating Committees
A Reader Supported Web Magazine

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Number 507, February 22, 2009
"Things are crazy and getting crazier all the time."

Pay Your Taxes On Time!
Pay Your Taxes On Time!
by Rex May (note new URL)
Stuff for sale:

Coalition forces killed in Iraq
since Obama was elected
Obama Body Count



My friend Philip Luty has just been diagnosed with cancer. Not having much faith in the British health care "service" he needs money to pursue alternative treatment in one of the specialist cancer clinics in Germany. You can donate some cash to him via his at PayPal (his email address is )

You can buy his downloadable books from his website "The Home Gunsmith" at

For sending mail donations (remember: "international money orders" are best for this), send to (formatted thusly):

Philip Luty
C/o 24 Almsford Road,
North Yorkshire,

You may remember Mr. Luty made the news in 1998 when he was sent to prison for writing a book "Expedient Homemade Firearms—The 9mm Machine Gun". He built his design to make sure it worked (it did, and has been built by many people around the world, see his website for some video demos), and was SWATted down and locked-up for five years. JPFO published some information about him as A Perfect Example of the Victim-Disarming Mindset, and Help A Political Prisoner Who Opposed "Gun Control" in England, as well as The $200 Machine Gun.

This here online eMagazine you are reading is Reader-Supported:

and also by clicking on our affiliate and advertiser links, especially to buy yourself stuff you want and need. We've been bringing you the best in libertarian thought, ideas, and humor since 1995, and intend to continue. Keep us in mind, eh?

Ken Holder

Time Peeper


Letters to the Editor
from Simon Jester, A.X. Perez, Eric Kiesler, Marc V. Ridenour, L. Neil Smith, John Taylor, and Curt Howland

The Money of Your Choice
by L. Neil Smith and Rylla Cathryn Smith
It should be abundantly clear by now that government-issued "fiat" money (so called because of the Biblical use of a Latin term that means "let there be")—paper currency, plastic or junk metal coins, and what might be called "magic wand credit" with nothing of actual, intrinsic, tangible value to support it—has been an unmitigated disaster for everyone, everywhere, except for corrupt politicians and certain of their pet mercantilists.

Libertarian Dogma
by Paul Bonneau
Sometimes I think the whole human world is built on faith. It's not surprising really, since faith is a mechanism for making sense of a world that often makes little sense.

The New Idol
by Friedrich Nietzsche
Somewhere there are still peoples and herds, but not with us, my brothers: here there are states.

How Do You Divorce Your Government?
by Russell D. Longcore
Our marriage started out great. There we were... she and me against the world. We got busy and created a marriage that the whole world envied. Bunches of people tried to emulate our happiness. Our happy marriage lasted for years.

The Private Sector
by Sean Gangol
About a year ago Congress investigated the accusations of steroid abuse among Major League Baseball players. Whether steroid use is rampant in professional baseball is irrelevant to me. Since I have never been much of a baseball fan, I could hardly care less if Roger Clemens or Mark McGwire ever used steroids. What concerns me the most about the congressional hearings on steroids abuse is that no one seemed to question what authority the government had in conducting the hearings.

Dear Babby
by Don Childers
Dear Babby, A dear friend of mine has been married to the same worthless lout forever. She's miserable in the relationship, and of course that means I hear all the messy details.

Making Democracy Work
by Paul Bonneau
OK, I'm already waiting for the Bronx cheers on this one. Who doesn't have their own collection of Menckenalia on this? "The purest form of democracy is the lynch mob." "Democracy is a form of worship. It is the worship of jackals by jackasses." Some libertarians go so far as to praise monarchy.

Atlantea The Beautiful
by L. Neil Smith and Rex May
Number 12 of a weekly cartoon series.

Tom Paine Maru
Tom Paine Maru

(Click to buy at
Hope cover

(Click to buy at

The Last Sonuvabitch of Klepton
The Last
of Klepton

Roswell Texas Cover
Roswell, Texas

by L. Neil Smith and Rex F. May
Illustrated by Scott Bieser
Colored by Jen Zach
Published by Bighead Press, 2008
The Probability Broach:
The Graphic Novel

by L. Neil Smith
Illustrated by Scott Bieser
Published by Bighead Press, 2004

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2009 Issues
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