Must Reads For The Week 2/8/14

The pen is mightier than the sword...

The pen is mightier than the sword… (Photo credit: mbshane)

11-Year-Old Boy Suspended Under “Dangerous Weapons” Policy For Voluntarily Turning In A Non-Firing Toy Gun, at economicpolicyjournal.com. Are these school officials examples of  “smart people” with no common sense, “smart people” with an agenda, or stupid people

Where The Hell Is Germany’s Gold? by Paul Rosenberg, at economicpolicyjournal.com. The Fed won’t let the Bundesbank (Germany’s central blank) see the gold the Bundesbank has stored in the vault at the Federal Reserve. Is the gold gone, or has it been used as collateral for thousands of loans through rehypothecation. Rehypothecation is similar to a grain warehouse storing peoples soybeans for a receipt (a promise) which can be redeemed on demand, and then selling thousands of receipts on the same soybeans. There are not enough soybeans to fulfill the promise of redemption created by the counterfeit certificates issued by the grain warehouse. Rehypothecation is a version of fractional reserve banking

Schoolteacher Cheating, by Walter E. Williams, at jewiehworldreview.com. It isn’t hard to believe that, yes, even teachers act in their own self interest. Excerpt from the article, “Jerry Jordan, president of the Philadelphia Federation of Teachers, identifies the problem as district officials focusing too heavily on test scores to judge teacher performance, and they’ve converted low-performing schools to charters run by independent groups that typically hire nonunion teachers.”  Students are being sacrificed on the altar of teachers unions.

An Overselling Of Global Warming, by Mark J. Perry, at aei-ideas.org. It isn’t hard to believe that, yes, even scientists act in their own self interest. Excerpt from the article, “Science changed dramatically in the 1970s, when the reward structure in the profession began to revolve around the acquisition of massive amounts of taxpayer funding that was external to the normal budgets of the universities and federal laboratories. In climate science, this meant portraying the issue in dire terms, often in alliance with environmental advocacy organizations. Predictably, scientists (and their institutions) became addicted to the wealth, fame, and travel in the front of the airplane (quoting Garth Paltridge, one of the world’s most respected atmospheric scientists):” Tax payers being sacrificed on the altar of Global warming.

Julie Borowski Video: The Minimum Wage Hurts The People It Is Suppose To Help, by Mark J. Perry, at aei-ideas.org. I’ve written about the minimum wage in these articles, Income Inequality Part II: Increase The Minimum Wage, and Minimum Wage Jobs Create Unemployment.

Censorship By Example: Payback For Dinesh D’Souza, by Edward Cline, at capitalismmagazine.com. I found this at libertypenblog.blogspot.com. Bureaucrats and leaders using Government power to silence people who disagree or criticize them is nothing new. Our second President John Adams used the Alien and Sedition Acts to silence critics. What do you think the IRS targeting Tea Party and Liberty groups was about? When you are losing the argument on the facts you have to find another way to win, and using force is effective, ask the mafia.

Justice Scalia On WWII Camps: “..Kidding Yourself If You Think The Same Will Not Happen Again“, by Jay Syrmopoulos, at benswann.com. In the words of F. A. Hayek, “…The battle for freedom must be won over and over again…”

I saw this at theburningplatform.com.

Michael Ramirez Cartoon

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