AUSTRIAN ECONOMICS ADDICT

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

By Increasing The Minimum Wage, Will We See An Increase In Labor- Saving Technology Like This, by Mark J. Perry, at aei-ideas.org. Do politicians realize their policies hurt the very people they intend to help.

Two Unrelated (?) Videos, at consultingbyrpm.com. We have moved so far away from individual freedom and much closer to Government control in the last 50 plus years. These videos are just a reminder.

Georgia Residence Threatened With $1000 Fine For Renting Out Rooms To Tourists, by Kristin Tate, at benswann.com. News like this makes me pessimistic about keeping our freedom.

Oklahoma Legislatures Vote To Nullify Agenda 21, by Michael Lotfi, at benswann.com. News like this makes me optimistic about keeping our freedom. It’s a roller coaster ride everyday.

Fed’s Fisher Admits Stocks Are At “Eye Popping Levels”, at zerohedge.com. In a speech in Mexico City, Dallas Fed President Richard Fisher said, “he was concerned about “eye-popping levels” of some stock market metrics”, warning that “…the Fed must monitor the signs carefully to ensure bubbles were not forming.” He’s worried about bubbles forming! Doesn’t he see that a stock market bubble not only has formed, but is being blown up every month when the Fed electronically prints roughly 80 billion counterfeit dollars.

JP Morgan’s Biggest Concern Is That Bitcoin Will Succeed, by JP Morgan CIO Michael Cembalest, at zerohedge.com. Excerpt from the article, ” …my biggest concern is not that Bitcoin will fail, but that it or one of its many virtual currency competitors will one day succeed……In the extreme, Bitcoin may lead to economic activity moving from the regulated economy to the underground shadow economy.” The Government and businesses like JP Morgan benefit from the Federal Reserves monopoly on money printing.  A virtual currency would shrink Government and force crony capitalists like  JP Morgan to compete in a free market. It’s no wonder they are both trying to torpedo virtual currencies like Bitcoin.

It’s Official: New School Lunch Rules Get A Grade Of F-, by Shifra, at tammybruce.com. Government makes rules, and individuals don’t comply. Related article, Healthy, Hunger-Free Kids Act, Doesn’t Work As Planners Planned, by austrianaddict.com.

Teacher Follows All The Rules, And Student Gets Frostbite, by Alain 41, at tammybruce.com. This can’t be true can it? These teachers decided this student wasn’t as important as what would happen to them if they got caught breaking a rule. The teachers acted in their own self interest, or in the words of President Obama, these teachers “acted stupidly”.

Video Of Eight year Old Son of Fallen Soldier Goes Viral, by oualdeaux, at tammybruce.com. Lets end with this.

This entry was posted on March 8, 2014 at 12:06 am and is filed under Must Reads For The Week. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Bitcoin, Dallas Fed President Fisher, Labor Saving Devices, Minimum Wage Increase, Nullify Agenda 21, President Kennedy, Renting Rooms Illegal, School Lunch Rules Failing, Soldier Receives Gift, Stock Market Bubble, Student Gets Frostbite, Teachers Acting Stupidly, Virtual Currencies