Must Reads For The Week 11/14/15
Ted Cruz Identifies Tight Money In Third Quarter Of 2008 As Cause Of Financial Crisis, at economicpolicyjournal.com. In the GOP debate; the candidates talked about the Feds monetary policy, the boom and bust caused by the Fed, sound money and a gold standard, crony capitalism, getting rid of the IRS, and shrinking government. Was this even a possibility just four years ago? It gives me hope the Austrian message is advancing.
The Intellectual Foundation Of Ted Cruz’s Economic Ideas, at economicpolicyjournal.com. Ted Cruz has read Milton Friedman, F.A. Hayek, Adam Smith, Frederick Bastiat, and Ludwig von Mises. This explains his comments about the Fed and the gold standard in the above article.
Hillary Clinton Announces Plan To Protect Coal Communities, by Sam Frizell, at time.com. Hillary was part of the administration that stated it would bankrupt the coal industry. Now she is going to make it all better with her plan to spend $30 billion to revitalize coal communities with federal investment in infrastructure, local development, job training and extended tax credits in coal communities. Another government solution to a problem created by government solutions to environmental problems. How many resources have been wasted and will be wasted by because of government decision-making?
Dear Striking Fast-Food Workers: Meet The Machine That Just Put You Out Of A Job, at zerohedge.com. You can’t pay labor more than what it produces for any extended period of time. Why do you think private sector union membership was 35% of the labor force in the 50’s, but has shrunk to 6% of the private sector labor force. They priced themselves out of the market.
DEA Releases New Drug Overdose Death Figures: Guns Safer Than Prescription Drugs, by Ryan McMaken, at mises.org. Twice as many deaths happen because of prescription drugs than gun homicides. Is it time for a ban?
Who’s Responsible?, by Walter E. Williams, at jewishworldreview.com. Dr. Williams talks about profiling. Here is an excerpt from the article: “Hillary Clinton said, “I mean, if we’re honest, for a lot of well-meaning, open-minded white people, the sight of a young black man in a hoodie still evokes a twinge of fear.” Before we get into the nuts and bolts of that observation, I’d like to ask a question. Would well-meaning, open-minded white people have a similar fear at the sight of an elderly black man using a walker and wearing a hoodie.” Whether we like it or not, easily observed physical characteristics – such as race, sex, height, and age – convey information.“
Activists Seek To Impoverish Thai Villagers To Save Monkeys From “Slavery”, by David Adams, at mises.org. Animals are more important than people? Why have we allowed people with insane ideas to bully the rest of us.
New Hampshire Uber Driver Speaks Out About Arrest For Illegal Wire Tapping, at myfoxboston.com. An Uber driver was arrested for illegal wiretapping because he posted a recording on YouTube of an encounter he had with an angry taxi driver. Government will use any of the millions of laws on the books to prop up the taxi cartel.
Marco Rubio’s Continued Defense Of The Economically Indefensible US Sugar Program, by Mark J. Perry, at carpediemblog. The consumer pays a higher price because of the tariffs on imports. Another example of government propping up a cartel, at the expense of the consumers and tax payers (who are usually the same people).
Ethanol Is A Failure, by Mark Perry, at thehill.com. Another example of government propping up the corn ethanol cartel on the backs of the consumers and tax payers.
School To Homeschoolers: Sign Up Or Face Charges, at wnd.com. Santa Rosa School District told a number of homeschool parents to register their children in three days of face criminal prosecution. Parents respond to school district with middle finger. Tyrants exist at every level of government.
Watch This Jetpack-Wearing Entrepreneur Rocket Past The The Statue Of Liberty, at entrepreneur.com. This reminded me of the TV show, Lost In Space.
How To Solve The Transgender Bathroom Issue, at targetliberty.com.
Tags: Activists Free Monkey Slaves in Thai Village, Austrian School, Ethanol A Failure, Guns Safer Than Prescription Drugs, Hillary's Plan For Coal Community, Homeschoolers: Sign Up Or Face Charges, Illegal Wire Tapping, Jetpack, Machines Take Minimum Wage Jobs, Marco Rubio, N.H. Uber Driver Arrested, Observed Physical Characteristics, Profiling, Sound Money and Gold Standard, Striking Fast Food Workers, Ted Cruz Debate, Ted Cruz's Economic Ideas, Transgender Bathroom Issue, U.S. Sugar Tariffs and Subsidizes, Walter E. WilliamsYou can comment below, or link to this permanent URL from your own site.