Must Reads For The Week 10/26/13
Yale Professor Surprised: Tea Party Supporters More Scientifically Literate, by Kyle Becker, at ijreview.com. From the article, “…all my impressions come from watching cable tv…..and reading the paper…I’m a little embarrassed, but glad…I no longer hold this particular mistaken view.”
Obamacare Tech Firm (CGI) Tried, Failed To Build Gun Registry In Canada, by Joel B. Pollak, at breitbart.com. Does the choice of CGI to build the website tells us the administration is either less scientifically literate than the average person, corrupt, incompetent, or just unlucky?
Why The Fed Will NEVER End Quantitative Easing, by Patrick Barron, at patrickbarron.blog.blogspot.com. An excellent one paragraph analysis of why the Fed can’t escape the Groundhog Day movie it created for itself.
Alan Greenspan Warns Of Double Digit Price Inflation, at economicpolicyjournal.com. Former fed chairman warns, “the feds balance sheet expansion may unleash inflation.” A moment of candor from an insider.
With Debt Ceiling Lifted, Federal Government Resumes Borrowing Spree, by J. D. Tuccille, at reason.com. The “kick the can” debt ceiling deal, allows the U. S. Treasury to borrow as much as it wants until February 7th 2014. I Guess this shows how serious “socialists of both parties” are about controlling spending.
Debt Limit: A Guide To American Debt Limit Made Easy, youtube video. I found this at Carpe Deim Blog, This is a short video that puts the Governments debt problem in perspective.
The Diverse Beer Economy As An Ecosystem, by Mark J. Perry, at Carpe Deim Blog. Explains how brewpubs and microbreweries are finding a niche market among all the big beer makers.
Higher Education: The Conventional Wisdom Is Wrong, by George Leef, at faculityrow.com. Here’s the money quote, “….for many students, their K-12 years leave them pitiably unprepared, both for post-secondary education and the world of work.” And this, “Any increase in college enrollment will overwhelmingly come from such academically marginal students.”
How Bitcoin Will Be Neutralized By The Government, at economicpolicyjournal.com. The Gov. will do anything to protect its monopoly on money creation.