AUSTRIAN ECONOMICS ADDICT

How The Media Encourages (And Sustains) Political Warfare, at zerohedge.com. Since bias is unavoidable. And everything is political. Most of us should realize that main stream media news reports have inherent and varying degrees of political bias. This article gives great insight into what to look for so you don’t get duped by media bias.

UN Climate Change Report: A Choice Between “Mad Max and Hunger Games, at zerohedge.com.  Weather and climate has become politicized. The article above about media bias also pertains to climate change politics.   Warning! Civilization At Risk, Crisis By 2040, And Other Nonsensical Climate BS, at zerohedge.com.

The Next Generation Of Ridesharing Is Giving Uber A Run For Its Money, by Brittany Hunter, at centerforindividualism.org. People are amazing. Arcade City is a ridesharing app that differs from Uber and Lyft. The creators of Arcade City have figured out a way to get around the regulations that cities passed to outlaw Uber and Lyft. Almost like a black market in ridesharing.

Amazon Prime Killed Sears And Consumers Should Be Grateful, by Brittany Hunter, at centerforindividualism.org. Sears started out as a mail order warehouse. It was essentially a slower version of Amazon. Once suburban malls became popular, Sears became anchor stores for these malls, while getting out of the mail order business. When the market changed, as it always does, Sears was too slow to realize its original roots. The fact that Sears is going bankrupt shows us the creative destruction of the free market. Losses are just as important as profits in a market economy. Profits tell us what activities should be continued, while losses tell us what activities are wasting scarce resources and should be liquidated.

The Public-Sector Pension Crisis, by John Stossel, at reason.com. Cities and states across the country have underfunded public pensions for decades. At some point someone will have to give something up. Whether it the pension recipients giving up benefits, or taxpayers being forced to pay for the a government created problem.

More Than Half Of America Gets More IN Welfare Than It Pays In Taxes, by Ryan McMaken, at mises.org. Excerpt from the article: “The CBO report reminds us that a great many voters receive government welfare checks of various types, and the perception is that any true cuts in spending will bring a high cost to those who have become accustomed to their taxpayer-funded benefits. Ultimately, the effects on voting patterns and public policy will be very real.”

Understanding America’s Enormous 19.5 Trillion Dollar Economy By Comparing US Metro Area GDPs To Entire Countries, by Mark J. Perry, at carpediemblog. Even with the amount of government intervention as we have in our economy we are still blowing other countries. Free people producing and exchanging in free markets works best for creating the highest standard of living for the most people.

In Defense Of Payday Lending, by Tom Lehman, at mises.org. Payday lenders do not force anyone to use their services. They are not exploiting people. Consumer advocates want Payday lenders regulated by government, even we all know that government regulation is the sure-fire way to screw up the process of exchange  between individuals. Excerpt from the article: “In a twisted irony that only a collectivist could love, payday lending firms have cropped up, as a response to government regulations that have distorted conventional consumer lending markets, and are now under attack from the very same political class that pressed for these regulations”

Science Wins – Trump Administration Proposes Transgender Policy Based On Biology, at zerohedge.com. Finally someone realizes that gender and sex are two different things. Gender is a function of grammar. There are three genders in the English language (he, she, it). There are two sexes in biology. Females have an XX chromosome and a male has an XY chromosome. Nothing can change the XX or XY chromosome that exists in every cell of your body. So are people who think a person can change their sex a “science denier”.

SATIRICAL HEADLINES

Caravan Of Liberal Americans Makes Way Toward Socialist Paradise Of Venezuela, at babylonbee.com.

Study: 100% Of Events That Contradict Your Narrative Are False Flag Conspiracies, at babylonbee.com.

Anti-Science Trump Administration To Revert Definition Of Gender To Objective, Scientific Standard, at babylonbee.com.

Hillary Clinton Makes ‘Get Out The Vote’ Tour Stop In Tijuana, at babylonbee.com.

Democrat Leaders Announce Brief Moratorium On Calling For Political Violence, at babylonbee.com.

CARTOONS

This entry was posted on October 30, 2018 at 6:30 pm and is filed under Must Reads For The Week. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Amazon Prime Killed Sears, America's $19.5 Trillion Economy, Arcade City, Cartoons from The Burning Platform, Climate Change BS, Main Stream Media Bias, Payday Lending Businesses, Public Pension Crisis, Ridesharing Next Generation, Satirical Headlines, Science Deniers, The Babylon Bee, Transgender is Anti-Science, UN Climate Change Report, Welfare and Taxes