Must Reads For The Week 7/27/13
Liberty Slipping: 10 Things You Could Do In 1975 That You Can’t Do Now, at economicpolicyjournal.com. You can probably think of ten more right off the top of your head.
Disruptions: Ride-Sharing Upstarts Challenge Industry, by Nick Bilton, at nytimes.com. I found this article through aei-ideas.org. Creative destruction of the market in spite of government trying to prop up the status quo. This is the spirit of our founders.
The Decline Of The Civil -Rights Establishment, by Shelby Steele, at online.wsj.com. Shelby Steele analyzes todays civil rights establishment as compared to the original leaders of the movement.
The Nightmare Ahead: 19 Cities Have More Public Workers Per Resident Than Detroit, at economicpolicyjournal.com. You’re traveling down the road to serfdom when you consistently consume more than you produce.
Your Place In The Data Base, by Brae Jaeger, at americanthinker.com. The ability of benevolent Government to collect your data is staggering. Oh by the way, your fourth and fifth amendment rights are being flushed down the toilet.
Feds Seize Gold Coins Worth $80 Million From Pennsylvania Family, at economicpolicyjournal.com. Lets flip for it, heads I win tails you lose.
Police Are Ordered To Return $1 Mill. in $1 Dollar Bills Confiscated From Stripper, at economicpolicyjournal.com. Government tramples on fourth amendment right against illegal searches and seizures.
U.S. Oil Output Increased By 2M Barrels Per Day In Just Two Years, Reversing 20 Year Decline, by Mark J. Perry, at aei-ideas.org. The Government will try to shut this down through environmental regulation (EPA).
Texas Eagle Ford Shale Sets New Oil Output Record In May, by Mark J. Perry, at aei-ideas.org. Who needs the Key Stone Pipeline to bring oil from Canada to Texas refineries? The market finds a way to supply oil even when Government tries to restrict supply.
Welcome To Jiangsu, China’s Flashing Red Canary-In-The-Coal Mine, at zerohedge.com. Central bank induced credit expansion creates bubble activities, which in turn produce a misallocation of capital and resources, which will eventually be liquidated sooner, when the credit expansion stops, or later, when there is a collapse. We are doing the same thing in the stock, bond, and housing sectors.
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