Archive for the ‘Must Reads For The Week’ category

Must Reads For The Week 9/23/17

September 24, 2017

The Obamacare “Death Spiral”: Health Plans Now Cost Employers More Than A New Car, at zerohedge.com. The results of the Affordable Care Act aka Obamacare are obvious. Nothing has been made affordable (whatever your definition of affordable is). This was predicted by people who were against the government take over of healthcare. You would logically think that it would be easy to get rid of the policy that caused the problem. But Obamacare was an increase in the power of government. And once government increases its power it is almost impossible to make them give it up. That is why the Republicans are only talking about fake repeal right now. They want to pass a bill that can be spun as keeping their promise to repeal Obamacare, even though it doesn’t.

GOP Leaders Are Trying To Bribe An Alaska Senator To Repeal Obamacare – By Letting Her State Keep Obamacare, at reason.com. This is evidence of what I talked about concerning the above article. No other comment is needed.

Pension Storm Coming: “This Will Become One Of The Most Heated Battles Of My Lifetime”, at zerohedge.com. What happens when there is not enough in the funds to pay the increasing number of retirees on public pension plans? At some point someone is going to have to give something up. Unfortunately it is usually the tax payer. Which is really starting to get old.

Illinois Unpaid Vendor Backlog Hits A New Record At Over $16 Billion, at zerohedge.com. Here is another example of what happens when year after year Government spends far above what it takes in taxes. Who is going to pay for this? You and me! Until we don’t produce enough to pay for it anymore and then these States will have to go bankrupt.

Price controls Lead To Predictable Shortages, at reason.com. Socialist policies can’t stop the laws of economics. In fact economic laws eventually reveal the folly of socialist policies. Venezuela is a disaster and it isn’t getting the media coverage it deserves. I wonder why?

Electrical Workers In Fl. Are Paid 2-3X The Normal Hourly Wage And Regarded As Heroes. But Aren’t They Price Gougers? at carpediemblog. Great question. Why aren’t these workers called price gougers? By ‘political’ definition they are price gouging. If government wouldn’t have allowed them to raise the price of their labor, would they have gone down there to ‘help’?

The Much-Deserved End Of Obama’s Operation Choke Point, at freedomandprosperity.org. This is the kind of government abuse of power that most people don’t know about. Good riddance. If you haven’t heard of Operation Choke Point, check out the article.

Climate Models Run Too Hot: Settled Science Again, at reason.com. Global warming is based on ‘scientific’ models. What do you do when the models don’t match reality? Well that depends on if you’re conducting your scientific modeling because of politics or if it is a real scientific discovery process. Remember two things. Science is never settled and everything is political.

Bay Area Sues Big Oil For Billions, at zerohedge.com. San Fran and Oakland are suing oil companies for their effect on climate change. When I told my brother about this article, he asked; Can everyone who uses products made with oil also be sued? People use these products with full knowledge of what global warming scientists are saying. Even the people suing the oil companies have to use products made from oil just to survive everyday.

Study: Seattle Minimum Wage Increase Led To More Restaurant Hygiene Violations, at freebeacon.com. Here is another unintended consequence of government intervention.

San Diego Begins Bleaching Streets To Contain Outbreak Of Hepatitis A, at zerohedge.com. People take the flush toilet and indoor plumbing for granted. Fecal matter contains disease. The flush toilet takes fecal matter far away from people. The flush toilet saves lives.

 

CARTOONS

From the burningplatform.com

Political Cartoons by Glenn McCoy

Political Cartoons by Tom Stiglich

 

 

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Must Reads For The Week 9/16/17

September 16, 2017

 

Obamacare Repeal Is Dead. Here Come The Bailouts, at reason.com, by Peter Suderman, at reason.com. Outside of the freedom caucus, Republicans never really wanted to get rid of Obamacare. Excerpt from the article: Even if congressional Republicans wanted to take another shot at rewriting the health law, they have little time left, thanks to Senate rules: The reconciliation instructions that would have allowed the bill to pass in the upper chamber with a simple majority expire at the end of the month.” Socialists of both parties want Obamacare.

If You Can’t Beat ‘Em ….Ban Em’, at ericpetersautos.com. If you can’t sell enough electric cars even with tax payer subsidies, what is your next move? Get bureaucrats to use government power to ban the sale of cars with internal combustion engines. Why would you mandate a more expensive way to travel and ban a less expensive way to travel? The only way for an economy to become and remain wealthy is increases in productivity. Banning more productive methode is how an economy becomes poorer.

Elon Musk Magically Extends Battery Life Of Teslas Fleeing Irma, at zerohedge.com. Excerpt from the article: “Tesla CEO Elon Musk has magically unlocked the batteries of every Tesla in Florida to maximize the distance that people fleeing from Hurricane Irma can travel before stopping to refuel at one of the company’s “superstation” charging centers….this is either a generous act of charity or an unnerving example of the control Tesla exercises over the vehicles it producers, or perhaps both.”

Trucker: ‘Overregulation’ Looks Like Deciding When I Work, Eat, And Sleep, by Matthew Garnett at thefederalist.com. An example of government central planners knowing more about trucking than the people who actually drive the rigs. Government busybodies know no bounds.

Republicans Furious After Trump’s DOJ Declines To Charge Lois Lerner, at zerohedge.com. This is why there is a breakdown of the rule of law. The rules only apply to us peons and not to our betters in the ruling elite.

FDA: To Keep Your Kid From Peanut Allergy, Introduce Peanuts Early, by Joy Pullman, at thefederalist.com. Try to protect kids from germs and allergens when they are young makes them more susceptible as they grow older. Don’t try to be smarter than the human immune system. It has a purpose. Let it work.

Hey Advertisers: The Data-Mining Emperor Has No Clothes, by Charles Hugh Smith, at oftwominds.com. Excerpt from the article: “The data-mining advertisement industry as it stands can’t identify which clicks are fraudulent or accidental, which ads actually trigger a sale, or which ads actually alienate potential customers. When a big advertiser pulls its online adverts and its sales remain unchanged, that tells everyone who’s paying attention something important: the industry isn’t doing a very good job for the billions it’s being paid.” As for me. I don’t pay any attention to any advertisements. The reliance on data and algorithms to predict outcomes can’t overcome the most important fundamental in economics; Human Action. Human action guarantees one thing; predicting is unpredictable.

ECONOMIC STUFF

3 Good Things About “Price Gouging“, Robert P. Murphy, at mises.org. Prices convey knowledge to producers and consumers about the supply of and demand for scarce resources. Resources are scarce under normal market conditions and have to be rationed some how. Prices are the most efficient and “fair” (I can’t believe I just used the dreaded four letter “F’ word) way to accomplish the rationing of these scarce resources. How much more are free-flowing prices needed when a disaster hits and resources become more scarce?

In an unrelated article: Which Do You Prefer: High Prices For Goods That Are Available vs. Low Prices For Goods That Are Not Available, by Mark J. Perry, at carpediemblog. When bureaucrats and politicians set price floors and ceilings on scarce goods, this will be your choice.

In another unrelated article from Mark J. Perry: Photo Of The Day: If Only There Were Some Market Mechanism To Discourage This Type Of Over-Buying. This photo shows why there should be no price controls. Let prices do their job. Free market prices utilize more knowledge than a whole army of bureaucrats and macro economists could ever possess.

How The Feds Blocked Effective Flood Insurance, by Dale Steinreich, at mises.org. When bureaucrats intervene in the market, knowledge about real world circumstances are distorted. Risk can’t be assessed properly and the cost of paying for the risk is usually shifted to the tax payer and away from the parties making the risky decision.

Does Government Spending Create More Economic Growth? by Frank Shostak, at mises.org. Government produces nothing. In order for Government to spend anything it must first take resources from producers in the real economy. So whatever amount government bureaucrats and politicians spend, is the same amount not spent by the people in the real economy because it was taken from them. Government spending produce no more economic growth than if the resources were used by the people who produced them in the real economy. In fact we can make the argument that economic growth is negative when government spends the confiscated resources. Why? Because resources are taken from wealth producers in the market and transferred to wealth consumers in the government.

 

CARTOONS

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Political Cartoons by Tom Stiglich

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Must Reads For The Week 9/9/17

September 9, 2017

Venezuelan Crisis ‘Truly Desperate,’ Bishops Tell Pope, at voanews.com. Cardinal Jorge Urosa Savino says; “The country was mired in a truly desperate situation. There are people who eat garbage and there are people who die because there is no medicine….We want to remind the Pope of this again….because the government is doing everything possible to establish a state system, totalitarian and Marxist.” I find this humorous. Why? Because the Pope is a Marxist. Venezuela is a laboratory for Marxist socialism, and the experiment is failing. The Pope probably thinks the reason for the failure is because the Marxist socialism in Venezuela isn’t being implemented by the right people. He doesn’t understand that central planning leads to “serfdom and poverty”.

Pension Ponzi Exposed: Minnesota Underfunding Triples After Tweaking This One Small Assumption, at zerohedge.com. Most of these pension plans are underfunded because they are calculating using sleight of hand math. There is not enough funding to pay for future liabilities so assets are used for current claims. At some point some one is going to have to give something up.

Kentucky Firefighters, Police Pensions Under Contention, at wlwt.com. These ‘public servants’ can retire after working 25 years. Question: Is it possible to save enough production in 25 years to fund your next 30 years of consumption during which you are not producing anything? I don’t have much respect for these people when they complain about the sweet gig they have. Excerpt from the article: “They’re seeing a direct attack on their retirement security,” Professional Fire Fighters Local A-16 President Joe Baer said. For Covington firefighter and father of four Tyler Cherry, it could set his retirement back nine years. “So when you look at planning out your life, for your wife, your children, for your wife, your retirement, all of a sudden you’re looking at eight years to 17 years is a huge difference,” Cherry, a captain in the Covington department, said. Some say the toll the job takes on the men and women who serve would make additional years of service difficult. “That can be a huge emotional drain on an individual by the time they reach that,” Alexandria Fire District Lt. Glenn Kilby said. “My family’s grown and had their own families. It’s just me and my wife. I still want to be assured that I have that income to sustain our life,” Kilby said.”

People who aren’t ‘public servants’ can’t relate to any of the comments by these ‘public servants’. Our taxes pay for your salary. Our taxes pay for your benefits. Our taxes pay for your pension. And yes our taxes pay your taxes. Shouldn’t public servants be more appreciative of what they receive? They don’t understand that the people who fund them don’t have the salaries, benefits, and pensions these ingrates have. ‘Public servants’ have no idea how their whining about salaries and benefits pisses people off.

Sacramento City council Approves ‘Advance Peace’ Program, at fox40.com. City council approves program that offers cash payments to gang members in the hope they will remain peaceful. No this is not from the ‘Onion’. Thecity council calls it an ‘Advanced Peace’ program. It is more like preemptive surrender to the criminals. What’s worse is it passed on a 9-0 vote. I know it reveals the intelligence of the council members, but does this also reveal the intelligence of the voters?

The Four Wheeled Patriot Act, at theburningplatform.com. I’ve never liked the idea of self driving cars. They are supposed to reduce the risk of human error. Since the self driving cars are made by human beings, they are prone to human error. Excerpt from the article: “…the SELF DRIVE Act will exempt automated cars from the necessity – under laws that apply to autonomous cars – of having things like steering wheels and brake pedals and other controls by which a human might intervene to save himself in the event the automated car makes a mistake. It is presumed automated cars will never make a mistake, that their systems and technology are immune to defects, wear and tear and so forth……It’s worth noting that no one is suggesting commercial airliners – which already have the ability to fly themselves, including take-off and landing – do so without human pilots standing by to step in just in case. Much less have cockpit controls removed and the now ex-pilots told to go watch a movie back in Coach….Why is it acceptable to do exactly that with machines that are more dangerous, en masse, than airliners simply by dint of numbers? There are only a few thousand airliners flying on any given day. How many millions of cars are out there?”

European Court Orders EU Countries To Take Migrants, at zerohedge.com. This is why Brexit happened. The EU has become the central planning of the sovereign European countries. Looking at the EU is like looking into the mirror and seeing what our Federal government is doing to our 50 sovereign States. The power consolidated in big government always leads to the usurpation (illegal seizure) of the rights and freedoms of individuals in the sovereign States.

In an unrelated story. Coming To A Town Near You: Expert Warns That No-Go Zones Are Growing In America, at zerohedge.com. I wish Bill Belichick was in charge of immigration policy. Any player who wants to be a part of the New England Patriots has to conform to the teams culture or he will be cut. Players know this before they become a member of the Patriots. So they do have a choice.

What Country Is This? Forced Blood Draws, Cavity Searches, And Colonoscopies, at zerohedge.com. Speaking of individual rights! Is the fourth amendment a threat to the power of the government?

Fearful Cop Mistakes Reporter’s Camera For A Gun – Opens Fire, Shoots The Innocent Man, at thefreethoughtprogect.com. Or try this headline. Ohio Police Officer Accused Of Shooting News Photographer, at huffingtonpost.com. Should you be trusted with a gun after you make a decision that is this bad? A concealed carry holder knows not to do this. Is this an example of a person who can’t perform the job properly? Or is this an example of how some police are trained? What are the ‘rules of engagement’? If you can claim after the fact that you ‘feared for your life’, isn’t that literally a get out of jail free card?

Did Imran Awan Turn On Wasserman Schultz? New Report Suggests He Led Police To Her Laptop, at zerohedge.com. In the words of Andy Griffith; “Oh what a twisted web we weave when first we practice to deceive”. Unfortunately nothing will happen to her. The rule of law doesn’t exist in our country. The ruling elites have a different set of rules than you or I do. Ask Hillary Clinton.

How Welfare States Encourage Bad Economic Thinking, at mises.org. I have gone back and forth over the years as to whether the free market can stay ahead of the growth of government regulations. I am optimistic it can. This writer is not. Excerpt from the article: “Thus, it becomes clear that the welfare state is not something that can be grudgingly tolerated as merely a parasitic nuisance. It is overoptimistic to assume that the remaining vestiges of free-market entrepreneurialism will always be able to outpace its insatiable drive toward capital consumption. Nor is it prudent to believe that the hard institutions of private property rights and market prices will be able to survive, let alone do their job effectively, with their underlying cultural foundations eroded to the core. And it is evident that welfare statism strikes at the latter at least as hard, if not more so, than it does at the former.

 

Must Reads For The Week 9/2/17

September 2, 2017

HURRICANE HARVEY OBSERVATIONS

“Price Gouging” = Political Rhetoric and/or Economic Ignorance!

Every time a disaster happens the term ‘price gouging’ is used to describe what happens to the pricing system when normal supply and demand is disrupted. The first rule of economics is scarcity. Man’s desires are unlimited while resources needed to satisfy these desires are scarce. This constraint of scarcity exists for any economic system, be it free market or any of the other centrally planned economic systems (socialist, communist, fascist, democratic socialist). The question we must ask is; which system best deals with this inherent constraint? In a free market, prices ration scarce resources to their most valued uses according to the subjective valuations of consumers. In a centrally planned economy, bureaucrats make the decisions on what is valuable and how scarce resources are to be rationed .

A natural disaster quickly shows how a free flow of prices conveys knowledge about where resources are needed most. Prices rising in the affected area constrains consumer demand for these scarce resources on the one hand and incentivize suppliers to bring scarce resources to the affected area on thee other. Prices coordinate supply and demand, and at the same time the coordination of supply and demand is revealed through changing prices. Price rise or fall incrementally during normal market conditions. But during disasters there are wide swings in prices.

The wild swing in prices allows political demagogues to prey on the economically ignorant. This free flow of market prices is called “Price Gouging”. Politicians win when they demagogue rising prices, and the people affected most by the disaster are hurt. Even though the people hurt most don’t realize it.

Here are some videos that explain the role of prices in a market economy.

Walter E. Williams.

John Stossel

Stossel vs. O’Reilly

This video proves Bill O’Reilly’s ignorance about economics. When he is losing the argument he cuts Stossel off and tries to play on emotion instead of logic. He then resorts to calling Stossel a ‘fascist’. These are the tactics of leftists.

People who are being charitable with their own time and money don’t need to be incentivized to “do the right thing” (supplying goods and services to the affected area). Rising prices incentivize, non charitable people (if that’s what you want to call them ), to supply much-needed goods and services to the affected area.

Gas Prices To Rise Even Faster As Tropical Storm Harvey Floods Texas, at usa.com. I heard a gentleman call into a talk show complaining about the rise in gas prices in his part of the country. He didn’t think the prices should go up since his area wasn’t affected by Harvey. This shows the economic ignorance of a vast majority of people in the country. At least 12% of the countries refining capacity is being disrupted by Harvey. Gasoline distribution infrastructure is also being disrupted. Economic law states when supply decreases against a fixed demand the price will increase. This increased price works to coordinate demand to the new reality of the decreased supply. This works to ration the scarce resource to its most valued use until supply can be brought back on-line. Allowing prices to rise allows the coordination of supply and demand to happen much faster than if prices were fixed by government.

Private Sector vs. Public Sector

Private Sector To The Rescue In Texas: Never Underestimate The Power Of The Private Sector To Rise Up To An Challenge, by Mark J. Perry, at carpediamblog. First responders are individuals on the scene at the moment something happens. Second responders are police, firemen or FEMA. In New Orleans people relied on Government to help them. In Texas people are relying on themselves to help each other. Big difference! Many people think order can only come from central planning from Government. They can’t conceive of order happening spontaneously by individuals voluntarily cooperating.

EPA Approves Emergency Fuel Waiver For Texas, at epa.gov. The best way government can help is to get out of the way. Since refineries are down, Texas will now be allowed to purchase gasoline that is banned for use in Texas by EPA regulations. But don’t worry the lifting of the ban will expire on September 15th. Why do we need such regulations in the first place?

Thanks To Markets, Houston’s Disaster Isn’t As Bad As It Might Have Been, by Christopher Westley, at mises.org. Excerpt from the article: “At the time of this writing, 26 Harvey-related deaths have been confirmed in the United States….. imagine what the death toll would have been if a similar storm slammed into comparable population centers in the Pacific Rim, Venezuela, or other outposts of the Third World. No doubt: They would be in the thousands…… What makes Houston different has to do with property rights institutions taking root and developing there over decades, making it a center for capital investment, because capital always flows to those areas where it is most secure. The continued increase in the quantity and quality of capital over time increases wealth, allowing its owners to afford better infrastructure and safety, relative to more benighted areas that attract less capital over time. To get an idea about the effects of decades of capital formation on Houston in 2017, consider the devastation that befell Galveston in 1900, when another Category 4 hurricane swept the Texas coast and claimed about 8,000 lives.

Why Houston Doesn’t Need Federal Flood Relief, – In Four Charts, by Ryan McMaken, at mises.org. Let’s not promise federal tax dollars to be assigned for rebuilding Texas. The funds will be subject to crony political distribution. And where ever there is a pile of Federal dollars there will be no shortage of people, who don’t need the money, trying to appropriate it. Excerpt from the article: “This isn’t to say real sharing and kindness are a bad thing. It’s excellent that private charities have already been hard at work helping with the cleanup in Houston. If one wants to insist that governments be involved, there’s nothing stopping other states from handing over funds to Texas directly. The federal government need not be involved at all

The Broken Window Fallacy Hasn’t Been Brought Up…. Yet!

Maybe we have won the war against ‘The Broken Window Fallacy‘. Usually after disasters like this we start to hear ‘experts’ talk about how the disaster will help the economy because of all the jobs created to replace and rebuild the things that were destroyed. I guess that sounds logical on its face, but if we remember our lessons from Frederic Bastiat we should look at what is seen, we should look at what is not seen. You will see the people employed in the rebuilding process. What you don’t see is what could have been done with all the resources, capital, time and labor used for the rebuild. The economy as a whole has less wealth because of a disaster. Everything that was destroyed has to be replaced just to get back to even par. If your car is destroyed. Not only do you not have a car, you won’t have what you could have purchased with the money used to replace your car. The economy as a whole, and you, are poorer by 1 car. The car was a useful good and was destroyed long before its normal replacement time. The broken window fallacy is simply the idea that consumption creates wealth. Production creates wealth. Consumption is the destruction of wealth.

Media / Politics

Fake News About Hurricane Harvey Is Why Americans Hate The Media, at thefederalist.com. This is just one example why the mainstream media has lost credibility.

Trump To Donate $1 Million To Texas Recovery, at cnn.com. I’m not a fan of people being public about their giving. Here is an excerpt from article: “President Donald Trump will donate $1 million of his fortune to recovery efforts in Texas……”

Hillary Clinton To Tell Audiences Her ‘Personal, Raw, Detailed and Surprisingly Funny Story’ In Nationwide Tour With Tickets Selling For Up To $1,200, at dailymail.co.uk. I wonder if Hillary is going to donate these proceeds to the recovery efforts in Texas? Or is she going to give some of he money donated to the Clinton Global Initiative for relief efforts in Texas? Oh! I forgot. Donations to the Clinton Global Initiative have dried up since Hillary lost the Election! Maybe Hillary and Bill will just have to give some of their fortune to the relief effort?

CARTOONS

From therightreason.net.

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Must Reads For The Week 8/26/17

August 26, 2017

Sears Death Spiral Accelerates: Vendors Halt Shipments As Cost Of Default Insurance Soars, at zerohedge.com. This is an example of a company not keeping up with a changing market. What is interesting is Sears started as a mail order warehouse business similar to Amazon today. As population changed from rural and cities to suburbs Sears began to open brick and mortar stores. It became the largest retailer in the US until 1989. It is amazing that Sears doesn’t remember it’s mail order roots, as internet sales is similar to what their original mail order business was. The company which started as a mail order company is about to go under because of the competition from on-line businesses. No company owns a share of the market at any time as long as others are allowed to compete. Sears would have been better off lobbying Government to make selling on the internet illegal. That is what a true crony business would do.

Tesla Is The World’s 4th Largest Automaker (Despite Only Selling 76,000 Cars In 2016) at zerohedge.com. Excerpt from the article: “Tesla is producing less than 1% as many cars as GM, but is worth more in market value.” Tesla’s value is based on expectations of future sales. The fact that Tesla is being subsidized by tax dollars creates a distortion about the reality of its future sales. This is crony capitalism at its best or worst.

Are Central Banks Nationalizing The Economy, by Daniel Lacalle, at mises.org. Excerpt from the article: “ The government is not issuing “productive money” just a promise of higher revenues from higher taxes, higher prices or confiscation of wealth in the future. Money supply growth is a loan that government borrows but we, citizens, pay. The payment comes with the destruction of purchasing power and confiscation of wealth via devaluation and inflation. The “wealth effect” of stocks and bonds rising is inexistent for the vast majority of citizens, as more than 90% of average household wealth is in deposits. In fact, massive monetization of debt is just a way of perpetuating and strengthening the crowding-out effect of the public sector over the private sector. It is a de facto nationalization. Because the central bank does not go “bankrupt,” it just transfers its financial imbalances to private banks, businesses, and families.

The Relationship Between Saving And Money, by Frank Shostak, at mises.org. This article explains the difference between real savings and money. Excerpt from the article: “Saving as such has nothing to do with money. It is the amount of final consumer goods produced in excess of present consumption……It is not money that funds economic activity but the saved pool of final consumer goods. The existence of money only facilitates the flow of the real savings.

Grab A Beer In Philadelphia, The Soda Is Too Damn Expensive, at zerohedge.com. When a soda tax makes soda more expensive than beer, we shouldn’t be surprised when more people choose to buy beer. Will the government be held liable if we start to see an increase in drunken driving accidents?

The Eclipse: How Markets Could Have Prevented The “Traffic Nightmare“, by Ryan McMaken, at mises.org. After the eclipse there were more cars trying to travel on the highways than there was room on the highways. It was a situation of overcapacity. More demand than supply. Short supply can be rationed by increasing prices or by waiting in line. Since there was no way to make people pay, long lines were the default position.

How Welfare States Make Us Less Civilized, by Per Bylund, at mises.org. In a market people have to cooperate to get what they want. The freer the market the more civilized we become. Welfare doesn’t promote cooperation. The welfare state forcibly takes goods from producers and gives a portion of the stolen goods to non producers while keeping a portion of the stolen goods for the state. The people who are having their production stolen don’t have warm fuzzy feelings for the other two groups. The people receiving the stolen money feel entitled. And the politicians feel the increase of their power.

Overall The NFL Gets A Letter Grade Of A+ For Players” Race, But an F- For Kickers And Punters, by Mark J. Perry, at carpediemblog. Sports is great because it rewards value. Why does it reward value? Because coaches are being paid to win. And winning or getting fired incentivizes coaches to keep players because of the value they consistently produce.

Mizzou Pays A Price For Appeasing The Left, at theburningplatform.com. College administrations don’t have to give in to the leftist radicals causing problems on campuses. The fact that they do tells us they either agree with the radicals, or they are surrendering because they are cowards. The only way to change the behaviour of the administration is to make them fear losing revenue more than they either fear the radicals or agree with the radicals.

Europe Is Committing Demographic Suicide, at zerohedge.com. The Muslims are playing the long game. Excerpt from the article: “Europe is committing demographic suicide, systematically depopulating itself in what British historian Niall Ferguson has called “the greatest sustained reduction in European population since the Black Death in the fourteenth century…..Europe’s Muslims appear to be dreaming of filling this vacuum……Muslim believers know very well that their fertility is such today, that they call it…the Great Replacement. They tell you in a very calm, very positive way: ‘One day all this, all this will be ours’ ….

Police Report: Crazed Kennedy Behavior That Got Them Arrested, at targetliberty.com. It’s not surprising that politically connected families think they are above the law.

Former U.S. Attorney On Awan Indictment: “There Is Something Very Strange Going On Here”, at zerohedge.com. This story is a perfect example of why the mainstream media is being called fake news. This story is not fake which is why the mainstream media is not covering it. They advance their ideology not just by deciding which stories we should know, but also deciding which stories they think we don’t need to know. This is fake news by omission.

CARTOONS

Political Cartoons by Tom Stiglich

Political Cartoons by Steve Kelley

 

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Must Reads For The Week 8/19/17

August 19, 2017

CNN’s Wolf Blitzer Speculates That Barcelona Attack May Be “Copycat” Of Charlottesville, at zerohedge.com. He really didn’t say that did he? Running into crowds of pedestrians with vehicles (preferably trucks) has been the new modus operandi of the terrorists for quite some time now (read here).

Before “Fake News”, America Invented “Pseudo Events”, by Ryan McMaken, at mises.org. Excerpt from the article: “Rather than attempt to supply a detailed look at who was at the event, what was done, and what the participants – from both sides – have to say about it, we are instead exposed primarily to what people in Washington DC, and the political class in general, think about the events in which they were not directly involved. This focus illustrates …. a bias toward focus on the national intellectual class rather than on events that take place outside the halls of official power. Note, however, that those quoted rarely have any special knowledge about the events themselves. Their opinions are covered not because they are knowledgeable, but because their quotations fit easily into a narrative that the media wishes to perpetuate.

Why Isn’t Communism As Hated As Nazism? by Dennis Prager, at Prager University.

Privatize The Public Monuments, by Ryan McMaken, at mises.org. “Public” ownership via tax payer dollars means there will always be bickering because agreement on what should be erected is impossible. Private ownership means one person has the right to decide.

America’s Right To Self-Government Is Under Attack, at theburningplatform.com. The intellectual elite has always thought they can run our lives better than we can. The election of the outsider Trump has put them in a position they won’t accept. They have no real positions of power in the federal government but what they are really afraid of is they are about to lose political power. Political power is all about verbal sleight of hand. It is an illusion, a narrative if you will, created by propaganda and lies. Most people are figuring out that the media narrative is fake. Without the illusion, it is easy to see though the political game. I would say Trump is Toto pulling back the curtain on the Wizard of Oz, but Trump isn’t that subtle. He is more like a pit bull creating such a ruckus ripping the curtain down, we have no choice but to look.

Why Do The Super Rich Promote Socialism, at economicpolicyjournal.com. Socialism (government intervention into the economy) does not redistribute wealth more evenly. Socialism allows wealth to be controlled by individuals at the top. There is no middle class. Only the haves and the have-nots.

“The Maduro Diet” – Venezuelans Suffer Drastic Weight Loss As Hunger Crisis Strikes, at zerohedge.com. This is where socialism (government planning of an economy) leads to. Why isn’t this a bigger story…….? Because it doesn’t fit the narrative of the media when it comes to socialist central planning.

We Have A  Single-Payer System, And It’s Killing Veterans Like Me, by Jonathan LaForce, at thefederalist.com. When Obamacare collapses and politicians talk about implementing a single payer healthcare system. Tell them the VA is a single payer system, that has failed. Why would we want to try the same failure on a much bigger scale?

Wasserman Schultz IT Staffer Indicted By Grand Jury On 4 counts, at zerohedge.com. Hmmmm!

FBI Reopens’ FOIA Case On Lynch-Clinton Tarmac Meeting After Getting Caught In Lie, at zerohedge.com. Hmmmm!

‘Inconvenient’ Fact: Morgan Stanley Says Electric Cars Create more CO2 than They Save, at zerohedge.com. Excerpt from the article: “The carbon emissions generated by the electricity required for electric vehicles are greater than those saved by cutting out direct vehicle emissions.”

Trans Juggernaut Wants Your Kids. Public Schools are Just The Beginning, at thefederalist.com. Excerpt from the article: “….”Nature…tends to strike back, with the likely victims in this case being vulnerable and impressionable youngsters who, as confused adults, will pay the price for their elders’ fashionable fantasies.” This is likely why the transgender movement is targeting the young: They are vulnerable and impressionable, prepuberty pose better as either sex and therefore look less terrifying than adult transgenders, and once locked into the trans body morph will never truly be able to escape. devastated people are prime candidates for exploitation by their pretend advocates. Also, locking in trans-policies now is a way to preclude debate before more extensive data and personal experience can fuel the inevitable backlash. Of course this is bad for kids, but it’s not about kids. they’re just pawns, as usual. It’s about politics.

Why Did The Democratic South Become Republican? By Prof. Carol Swain, at Prager University.http://www.zerohedge.com/news/2017-08-17/wasserman-schultz-it-staffer-indicted-4-counts

 

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From therightreasonlnet.

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Must Reads For The Week 8/5/17

August 4, 2017

Conflicting Visions, by Walter E. Williams, at jewishworldreview.com. Most people agree that certain problems exist. What people disagree about is where the solution will come from. Will the solution come from top down decisions by bureaucrats in government or will the solution come from individuals making decisions in a free market?

Schumer: ‘Our Founding Fathers Intended Congress To ‘Improve Our Healthcare System‘, at mrctv.org. I would normally say Chuck Schumer is a moron. But what really is going on is Chuck Schumer thinks a lot of us are morons. He thinks we will believe the load of crap he is trying to peddle.

In Obamacare Debate, Some Victims Matter More Than Others, by Mary Katharine Ham, at thefederalist.com. Instead of looking at the people who got (some subsidized) healthcare insurance under Obamacare, let’s look at the people who have been crushed by the exponential increase in premiums and out-of-pocket expenses because of the ‘Affordable’ Care Act aka Obamacare. These are the people who helped flip States toward Trump and away from Obamacare, in Wisconsin, Michigan, Pennsylvania, Ohio and other States.

Why Single-Payer Will Only Make Health Care More Expensive, by Scott Ehrlich, at thefederalist.com. Single payer will decrease the supply of healthcare and increase the demand for healthcare. The cost will rise even though the bureaucrats will try to hid the cost by using tax payer dollars.

Rand Paul Blasts Senate Colleagues Over Healthcare: ‘They Are Just Afraid, at economicpolicyjournal.com. The Republicans are supposed to be the party of smaller Government and free markets. They obviously don’t believe that free markets produce better outcomes than government central planning or they would have repealed Obamacare.

Trump Axes Obama’s MyRA Retirement Accounts After $70 Million Of Taxpayer Funds Wasted, at zerohedge.com. MyRA was just another scheme allowing Government to get its hands on your money to fund the national debt.

Federal Indictments Alleges Chrysler And UAW Execs Stole Millions From Employee Training Programs, at zerohedge.com. The name of the UAW leader who was indicted is Alphons Iacobelli. You couldn’t make up a better name for a Union Leader than that.

In an Economy There Are Wealth Creators And Wealth Preventers. In California The Wealth Preventers Are Winning, by Mark J. Perry, at carpediemblog. Excerpt from the article: “The wealth preventers, i.e. environmental groups, trail lawyers, and Democrat politicians, hold the reins of power in California. they are all system wonks and are experts at gaming the system…..That California’s economy manages to function as well as it does in spite of the barriers placed in front of it is a tribute to the persistence, energy, and creativity of its wealth creators.

California Ranchers Revolt after State Sets Aside 2 Million Acres For A Frog, at zerohedge.com. Here is an example of the above article. Environmentalists and Democrat politicians getting together to decrease the wealth of their state via environmental regulations.

Democrats’ Biggest Donor Urges Shift To Bernie’s Platform: “Being Never-Trump Is Not Nearly Enough, at zerohedge.com. We should hope the Dems go full Bernie so everyone can see socialism for what it really is.

P&G Slashed Digital Ad Spending, This Is What Happened Next, at zerohedge.com. Maybe digital advertisement isn’t as great as it was advertised.

Canada: What Happens When A Crime Victim Takes A Gun From A Criminal And Shoots Him? The Victim Goes To Jail, at johnrlottblogspot.com. Excerpt from the article: The victim faces charges of attempted murder, intent to discharge a firearm, intent to discharge a firearm when being reckless, careless use of a firearm, improper storage of a firearm, pointing a firearm, possession of a weapon for a dangerous purpose, unauthorized possession of a firearm, possession of a firearm knowing that possession is unauthorized, and possession for the purpose of trafficking.” Bureaucrats have no common sense.

Report: McMaster Let Susan Rice Keep Security Clearance After Unmasking, by Cortney O’Brien, at townhall.com. This is an example of the incestuous relationship the establishment, the insiders, the status quo, the swamp, the deep state, what ever you want to call them have with each other. Remember Sandy Berger? He got his security clearance back after stealing and destroying classified documents.

WSJ Asks “Who Paid For The Trump Dossier’?“, at zerohedge.com. Fusion GPS is a hired gun. So who paid for the discredited Fusion GPS Dossier?

Collusion’ Collapses: Dem Congressional Espionage Ring Takes Center Ring, by Clarice Feldman, at americanthinker.com. I agree. Let’s repeal the Special Counsel Law. Excerpt from the article: “Under the Constitution there are three ways to deal with official corruption: the ballot box, impeachment, or criminal prosecution.” The special counsel is a political tool. It is a way of keeping an issue in the headlines for years at the taxpayers expense.

6 Key Questions About RussiaGate, by Charles Hugh Smith, at oftwominds.com. Here are the six questions: “1) did Russia meddle in the 2016 U.S. election? 2) What federal laws or statutes were broken? 3) What standard of evidence/proof is required in a federal court to convict the accused? 4) If incontrovertible evidence of Russian meddling arose in 2016, why did the federal agencies under the Obama administration (Department of Justice, F.B.I. etc.) do anything? 5) Precisely what meddling occurred? 6) What evidence supports the claim that Russian meddling actually influenced the election?

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