Must Reads For The Week 11/9/13
Feds Threaten To Prosecute Merchant For Selling “Department Of Homeland Stupidity, at tammybruce.com. The bureaucratic state thinks it should be admired instead of ridiculed.
Who’d a-thunk it? ‘Cash For Clunkers’ was an epic failure in Keynesian Style Stimulus..., by Mark J. Perry, at aei-ideas.org. The only way to determine if vehicles have outlived their usefulness is if they can’t be sold for more than scrap. Cash for clunkers is a version of the broken window fallacy.
Is This Why Bitcoin Is Surging?, at zerohedge.com. Excerpt from the article, “So why is bitcoin seemingly minted on Teflon? Limited supply…. There will never be more than 21 million bitcoins, and there are only 12.0 million currently. In the 4-ish minutes it has taken you to read this far, the most new bitcoins that might have been issued is 25, or $6,250. In the same timeframe, the Federal Reserve has pushed another $7.8 million into the financial system with Quantitative Easing.”
“If You Like Your Healthcare Plan, You Can Keep It”, at economicpolicyjournal.com. Video of the President peddling snake oil.
Big Unions May Get Their Obamacare Exemption After All, by Micheal Lotfi, at benswann.com. The makers of the laws and their friends don’t have to abide by the same rules that we serfs have to abide by. That’s not quite the definition of equal protection under the law.
Freedom: Along With booming Oil And Gas Business, The IT Sector Is Another bright Spot In The Subpar Obama Economy, by Mark J. Perry, at aei-ideas.org. Excerpt from the article, “The serendipitous, experimental search for a business model is a great advantage that the free marketplace enjoys over centrally planned socialism or crony capitalism…..Presuming to know what is good for customers, regardless of their personal preferences, is how you end up with ObamaCare.”
Jury Duty Gives Us Power To Decide The Law, by Jonathan Carp, at posttrib.suntimes.com. We have to use the tools available to fight back against tyrannical Government.
No Child Allowed Ahead- It Might Damage The Self Esteem Of The Dumbasses, by Fred Reed, at burningplatrorm.com. A theory of why we have a low T society. Buckle your seat belt for this one.
Watch this insane dunk by a junior college basketball player here, and this violent college football collision here. Listen to the oohs of the crowd in both videos.