Archive for the ‘Must Reads For The Week’ category

« AUSTRIAN ECONOMICS ADDICT home page
« Older Entries
Newer Entries »

Must Reads For The Week 2/20/16

February 20, 2016

Justice Scalia And Constitutional Fidelity, by Andrew Napolitano, at creators.com. Justice Scalia was a great man and jurist. Here are some excerpts from the article: “Justice Scalia was the modern-day progenitor of the idea….of interpreting the Constitution faithful to the plain meaning of its words. He was utterly and unambiguously faithful to this concept……Justice Scalia argued that the Constitution means what it says; it says it is the supreme law of the land; and all American judges have taken a solemn oath to be subject to what it says. It is superior to the jurists who interpret it…..If the text of the constitution is ambiguous, it then becomes the duty of the jurist to ascertain the original public meaning of the words that form the ambiguity……Ascertaining original public meaning often requires the skills of a historian; yet, thanks to James Madison, the historical record is ample….

The rejection of this line of thinking permits jurists to interpret the Constitution in novel and creative or even destructive ways, according to their own ideologies. It permits them to adapt a meaning in the text that they wish had been there to fortify contemporary societal attitudes…..the job of the jurist, he argued, is not to adapt the text of the Constitution to public trends or cultural changes. That is the job of the Congress and the States through legislation.”

“The Court, he said, was just one creature intended to preserve, protect and defend the Constitution. The Constitution is the court’s creator. No creature can be greater than its creator. He liked the Court. He loved the Constitution.”

Student Loan Debt Collection, At The End Of A Gun, by Scott Greenfield, at mimesislaw.com. Think twice before going into huge debt for college. Government is creating student loan debt serfs. Government will receive tribute payments for years to come. HT  libertypenblog.blogspot.com.

Occupational Licensing Regulations Stifle Job Creation, at reviewjournal.com. When the cost of doing any activity rises, you will get fewer people doing these activities, (just as increasing the minimum wage decreases the employment of minimum wage workers). I have the solution: The Government should start a student loan type of program for the people who have to acquire Government mandated occupational licenses! HT  libertypenblog.blogspot.com.

Tim Cook Says Apple Will Fight Order To Help Unlock iPhone, by Brian Barrett, at wired.com. Instead of getting an Apple engineer to decrypt the particular iPhone used by the San Beradino terrorists and retrieving the information, the Feds want Apple to give them the skeleton key that will unlock all iPhones, not just the terrorists particular phone. Big Government always wants more and more power over individuals. How long do you think Tim Cook can hold up against the resources and force that the Federal Government will bring down on Apple?

How Government Buys Your Support, by James Bovard, at mises.org. Excerpt from the article, “Politicians and bureaucrats realize that addicting citizens to government handouts is the easiest way to breed mass docility and stretch their power.” Politicians aren’t being charitable when they give out government largess. They are stealing, via taxation, from one group and using it to bribe another group.

Why Negative Interest Rates Will Fail, by Frank Hollenbeck, at mises.org. The Fed wants to incentivize banks to loan out the excess reserves they are holding at Federal Reserve Banks, in the hope of stimulating the economy. Unfortunately there is no one to loan these dollars to.

When Cash Is Outlawed, Only Outlaws Will have Cash, at zerohedge.com. Government wants us to use electronic numbers (money) in our bank accounts instead of actual cash. Easier to control and confiscate electronic money than it is cash.

Check Out This Rare Planetary Alignment Before It’s Gone, electronicproducts.com. Mercury, Venus, Saturn, Mars, and Jupiter will be visible starting tonight (2/20/16) in the predawn all month.

five-planet-alignment-2016-01-21

The State Of Drug Use In America, at huffingtonpost.com. This article shows the drug usage in the US. It shows each states use of  tobacco, alcohol, wine, weed, painkillers, heroin, and meth. It also shows the number of deaths from alcohol and drugs.

 

 

 

 

Categories: Must Reads For The Week
Tags: , , , , , , , , , , , , , , , , , ,

Comments: Be the first to comment

Must Reads For The Week 2/13/16

February 13, 2016

Economics Explained (In 1 Simple Cartoon), at zerohedge.com. Economics isn’t about what is good or bad. Each of us wants low prices when we are buyers, and higher prices when we are sellers. Prices reveal the subjective values of consumers and producers at any given point in time. Prices change when decisions by individuals change (of course government intervention is factored in by individuals when making their decisions). These price changes coordinate the activity of individuals on the market. So prices are neither good nor bad. They are part of the process that coordinates supply and demand.

 

The Minimum Wage Surged In 6 Cities Last Year. Then This Happened, at zerohedge.com. This is not complicated. When the minimum wage is artificially set above what the market will bear, the number of low wage workers employed decreases.

Welcome To The Recovery: 1 in 7 Americans (45.5 million) Remain On Food Stamps, at zerohedge.com. During the great depression people stood in soup lines to get food. Food stamps are the modern-day soup lines.

Measuring The Global ECONOMIC Temperature, by Mark Thornton, at mises.org. The shrinking demand for oil, even at bargain basement prices, and shrinking demand for shipping world-wide isn’t a good sign.

The Cozy Relationship Between The Treasury And The Fed, by David Howden, at mises.org. The Federal Reserve funds government by purchasing  Treasury bills (debt). The interest the Fed receives from its debt purchases is paid to the U.S. Treasury after the Feds costs are paid for. Not a bad deal for the US Government!

A Surprising Opponent Of The War On Cash, at eonomicpolicyjournal.com. Excerpt from the article: “...politicians and bureaucrats and their crony banksters actually fear and loathe cash because it protects personal and financial privacy of law-abiding citizens and facilitates the preservation of their wealth in the face of mass political surveillance, negative interest rates, bail-ins and other crimes against liberty and property perpetrated by government.”

Want To Deposit Cash At J P Morgan Chase? Be Ready To Show Your ID, at economicpolicyjournal.com. Another example of banks not wanting to deal with cash.

Latest Report From The Frontlines Of The Bankster War On Cash, at economicpolicyjournal.com. Citi-Bank follows J P Morgan in the war on cash.

Mandatory Depression Screening Is A Depressing Thought, by Ron Paul, at lewrockwell.com. If individuals in government can have people diagnosed as being depressed, they can mandate certain things that the particular “depressed” person is not allowed to do as well as what he is allowed to do. Not very comforting, is it?

Lawmakers Accuse Feds Of “Stealth Land Grab” To Stop Arizona Mine Project, by Michael Bashtasch, at libertarianrepublic.com. This is what happens when government gets too big. Federal agencies can make up a law that will stop private citizens from doing what the bureaucrats don’t want them to do. Just another example of tyrannical government

Oklahoma Schools Put Up Signs Warning Of Armed Staff, by Micha Fleck, at thelibertarianrepublic.com. The superintendent didn’t want the school to be a soft target, so some of their staff is armed. The only thing that stops a bad guy with a gun is a good guy with a gun!

College Installs “Gender Neutral” Bathrooms But Makes Them Handicapped Inaccessible, at thefederalistpapers.org. It’s always interesting to me to see the order the left lists its protected groups on its scale of values. Apparently some groups are more equal than others. I have a question; what’s the standard used to weigh the handicapped against the transgendered?

Some Cartoons From theburningplatform.com.

Political Cartoons by Henry Payne

Categories: Must Reads For The Week
Tags: , , , , , , , , , , , ,

Comments: Be the first to comment

Must Reads For The Week 2/6/16

February 6, 2016

Obama To Propose $10 Dollar A Barrel Tax On Oil, at economicpolicyjournal.com. We can’t win. An increased supply of oil because of fracking, plus a stagnating global demand for oil has brought the price of oil down to around $30. Now this guy wants to increase the cost of oil by $10 dollars a barrel. Do you think this tax will ever be rolled back when the price of oil goes back up?

Texas Adopts New York Values On Fantasy Football, by Tho Bishop, at mises.org. Most people hate big business because they lobby government for favors. I contend that these businesses would have no incentive to lobby for special favors if the government hadn’t usurped the power to regulate these particular businesses. In a true free market these businesses only incentive would be to satisfy customers, not lobby government for protection or favors.

Oops Again? A Key Server Gets Wiped By IRS, by Steve Sherman, at townhall.com. Is it just me or is this becoming a pattern?

The Fed Wants To Test How Banks Would Handle Negative Interest Rates, at economicpolicyjournal.com. The bank of Japan has recently adopted negative interest rates. Would you have ever believed 5 years ago that we would be talking about this. Negative interest rate is a ploy to get individuals to take their cash out of banks and spend it. It’s just another attempt at stimulating the economy by negative incentives. The previous QE stimulation apparently hasn’t worked as the central planners planned.

Was The Ethanol Lobby The Big Loser In Iowa This Year?, by Ryan McMaken, at mises.org. Ted Cruz won in the corn state of Iowa even though he was for phasing out the taxpayer-funded Ethanol subsidies.

Advanced Reactor Nuclear Power Resurgence In The US, by Ronald Bailey, at reason.com. The radical environmentalists should be all in for nuclear energy if they were serious about cutting CO2 emissions.

An Open Letter To Barack Obama About Gender Payback Regulations, by Don J. Boudreaux, at cafehayek.com. The President is using the apples and oranges comparisons between men and women’s pay differences to push for more government regulations. Even though he pays men on his staff more than the women on his staff. When will we ever learn? Read here, Obama Proposes New Rules To Close The Sex Pay Gap Even Though There Is A 16% Sex Pay Gap In His White House, at carpediemblog.

Can Anyone Doubt That Hillary Clinton Failed To Safeguard State Secrets, by Andrew Napolitano, at reason.com. The fact that she used a private server to conduct State department business is a violation of the law. The fact that some of these E-mails were classified just adds to the number of charges that can be brought against her.

School Gives Handicapped Children The In Bathroom, at thefederalistspapers.org. Another example of the politically correct left having a scale of value on who’s important. Handicapped people are ranked below transgendered people. The left will throw previously protected people overboard for newly protected people. Which group will someday over take the transgendered as their most favored group?

Anti-Capitalist Club Desperate For Money To Pay Its Bills, at libertarianrepublic.com. I’m amazed that these anti-capitalists protest the very system that has produced the wealth that has allowed them to protest it. Maybe they will start to realize that there is no free lunch?

A Surprising Opponent Of The War On Cash, at economicpolicyjournal.com. The German Government has joined the war on cash. So has JP Morgan.  JP Morgan Continues The War On Cash, at economicpolicyjournal.com.

Isn’t it Strange? by Walter E. Williams, at jewishworldreview.com. Lets end with the Great Walter E. Williams. Excerpt from the article, “Isn’t it strange that after a bombing, everyone blames the bomber, his upbringing, his environment, his culture but …after a shooting, the problem is the gun?

 

Cartoons from theburningplatform.com. Click here for more.

Political Cartoons by Henry Payne

Political Cartoons by Steve Kelley

I wish this was true for the Republican leadership establishment. I know it’s true for a vast majority of the grass roots.

Political Cartoons by Nate Beeler

Categories: Must Reads For The Week
Tags: , , , , , , , , , , ,

Comments: Be the first to comment

Must Reads For The Week 1/30/16

January 30, 2016

THE BREAK DOWN OF THE RULE OF LAW

The rule of law defined as, 1) general rules, that are 2) known in advance, 3) which apply to the rulers as well as the ruled.

Before you read the next three articles think about this definition, and remember these examples of this breakdown. 1) Nothing happened to the IRS (Lois Lerner) when agents used their power against liberty groups. 2) Hillary promised to bring the person who made the Youtube video to justice. Although blaming the video was an out right lie, the government did put ‘this person’ in jail, but not for the making the video. They put him in jail for a probation violation. 3) Hillary Clinton broke the law by conducting government business on her private e-mail server. The fact that some of the e-mails were classified or top secret only adds more illegality to the original illegal activity. Do you think she will spend any time in jail? Not a snow balls chance…! She is probably trying to find someone who will take the fall for her.

There are so many laws on the books, we can’t possibly know all of them. Each of us can be found to have broken a law if we’ve run afoul of a motivated government agent or agency. Our betters never have to follow the laws that we, the benighted masses, have to follow. This breakdown has been happening for decades, and the push back is about to boil over. The rise of anti establishment candidates in both parties is proof of this.

Grand Jury Indicts Planned Parenthood Video Filmmaker For Organ Trafficking, Issues No Charges Against Planned Parenthood, by thefederalist.com. Pro-Life activist David Daleiden, who made the undercover videos showing Planned Parenthood employees trafficking in baby parts, was indicted on trafficking in baby parts. I like the statement from Daleiden, “We respect the processes of the Harris County District Attorney, and note that buying fetal tissue requires a seller as well.” Who might that seller be? Unfortunately for Mr Daleiden he is on the wrong side of political correctness when it comes to the lefts sacrament of abortion. Read more in this article, Now We Indict Whistle Blowers, Not Oppressors, at the federalist.com.

Deny “Climate Change”? Don’t Live In California! by Russ Helper, at thefederalistpapers.org. The California Attorney General has joined the Attorney General of New York in trying to prosecute Exxon Mobil for supposedly lying to its shareholders and the public about global warming. If people aren’t allowed to talk about a scientific ‘theory’, we’ve lost our right to free speech. Exxon Mobil is on the wrong side of political correctness when it comes to the lefts sacred scripture about global warming.

Jury-Nullification Activist charged With Felony By Mecosta County Prosecutor, by Bob Unruh, at wnd.com. Keith Wood passed out pamphlets about jury nullification to members of a jury pool. Although jury nullification is legal, the judge didn’t like it and ordered that he be arrested. Mr. Wood was on the wrong side of people who were in positions to bring the full force of government down on him.

MORE GOVERNMENT MISCHIEF

How Government Poisoned The People Of Flint, by John Counts, at mlive.com. The city switched its water supply from Lake Huron to the Flint River in 2014. In spite of residence complaints about the waters smell, they were told to keep drinking it. Nothing will happen to the people who brought about this disaster. Just like the EPA poisoning the Animus River in Colorado.

The Supreme Court Backs Electricity Fascism, at economicpolicyjournal.com. The Supreme Court is allowing Government intervention into the pricing system for energy via the Federal Energy Regulatory Commission, (have you ever heard of this commission?). Even the Court wants the government to circumvent the decision-making by individuals in free markets.

Common Core To Cost CA. Nearly $10 Billion, And The Nation $80 Billion, by Joy Pullmann, at thefederalist.com. You will pay through the nose so the elite can brainwash the next generation into thinking that everything flows from “benevolent” government.

THE WORLD ECONOMY

Dallas Fed Survey Crashes To 6-Year Low As D Word Is Uttered, at zerohedge.com. Economic forces are in the process of correcting what all the money printing brought about.

Bubble Watch: Planes, Trains, and Automobiles (OK Just Planes And Ships), by Paul-Martin Foss, at mises.org. There is an over-supply of planes and ships compared to the demand for them. More monetary mischief.

Central Banker Warns Of Coming Financial Collapse, by Joseph T. Salerno, at mises.org. Excerpt from the article; “Debts have continued to build over the last eight years and have become a potent cause for mischief. It will become obvious in the next recession that many…. will never be serviced or repaid, and this will be uncomfortable for a lot of people who think they own assets that are worth something.”

Want To Know What The S&P 500 Does Next? Just Look At The Fed’s Balance Sheet, at zerohedge.com. Amazing how the S&P 500 tracks right along with the electronically printed money the Fed has injected into the financial markets through the process of purchasing mortgage-backed securities and government debt. Is this causation or correlation?

Brazil’s Easy-Money Problem, by Lucas Vaz, at mises.org. Brazil’s economic problems were brought about by central planning monetary intervention in the form of bank credit expansion. Aka money printing.

Norway’s Largest Bank Proposes A Raid On Cash, Joseph T. Salerno, at mises.org. Say hello to fees on cash holdings, negative interest rates, and bail-ins.

This Is Why “Everyone Was Shocked” By The Bank Of Japan Announcement, at zerohedge.com. The BOJ followed the ECB and the central banks of Sweden, Denmark, and Switzerland in adopting negative interest rates. This is an attempt to incentivize people to spend cash to stimulate the economy,instead of holding it as savings. When will they ever learn that injecting money into the economy is a short term benefit that creates a long term problem.

MISCELLANEOUS

Allowing Transgender Olympians Is Unfair To Women, by Brandon Morse, at thefederalist.com. Ladies; how does it feel to be ahead of men but behind gay, bisexual, and transgender people on the value scale of the politically correct elite? Don’t complain about it or you will be labeled a transgenderphobe, bisexualphobe, and a homophobe. Remember when the elite used to pit men against women, and we were the ones who were called sexists? Oh the good old days!

Guerrilla Artist “Sabo” Crashes Bernie Sanders’ Art Expo, at tammybruce.com. Bernie Sanders put out a call to artists. He wanted them to use their talents in the art of political revolution. Unfortunately, or fortunately for us, Sabo created this.

BernieBusStop3

 

 

Categories: Must Reads For The Week
Tags: , , , , , , , , , , , , , , , , , , ,

Comments: Be the first to comment

Must Reads For The Week 1/23/16

January 23, 2016

ECONOMIC FORCES EVENTUALLY WIN

China Promises To Keep Intervening To “Look After” Stock Market “Investors”, Hurt “Speculators“, at zerohedge.com. So the cure for the Chinese stock market bust is Government intervention? Didn’t Government intervention cause the boom in the first place?  Government planners can’t stop reality. Economic forces are always in the process of correcting Government interventions.

The Rest Belt Goes Red – Glory Days Of China’s Steel Boom Leave Behind Abandoned Mills And Broken Lives, at davidstockmanscontracorner.com. Another example of a Government created bubble ending in a bust. Government centrally planning an economy doesn’t work. Ask the former Soviet Union.

The Three Musketeers Of Global Deflation – China, Russia, and Saudi Arabia, at davidstockmanscontracorner.com. We know about China’s problems, but over 65% of Russia’s and 45% of Saudi Arabia’s GDP comes from oil. Oil below $30 a barrel hurts these two countries. Economic forces can’t be stopped by Government central planners.

The Fragile Forty & How The Word Lost $17 Trillion In 6 Months, at zerohedge.com. Forty global stock indices are in bear markets, as over $17 trillion of equity has evaporated in the last six months. Central banks think the wealth effect created by their money printing will reignite the global economic engine. It hasn’t worked because economic forces eventually prevail.

This Is What The Death Of A Nation Looks Like; Venezuela Prepares for 720% Hyperinflation, at zerohedge.com. Bernie Sanders take note. This is what a socialist utopia looks like. Excerpt from the article: “..in reality the Venezuela economy no longer exists, with all transactions now taking place in grey or black markets, and the government apparatus effectively operating in a vacuum.” Economic forces creating a black markets was inevitable.

Schlumberger Fires 10,000 As It Announces $10 Billion Stock Buy Back, at zerohedge.com. To keep your slumping stock price up, all you have to do is buy back your stock. Simple supply and demand. How do you finance this buyback. Either borrow low interest printed money like many companies have and are doing, or get rid of your biggest expense, your workers. Economic reality forces businesses to make decisions.

A Post Boom World, Auto Prices Will Fall,, by Patrick Barron, at mises.org. Easy credit and sup-prime loans for cars will eventually end in a bust, like the housing bubble. Economic forces of supply and demand will bring the car market back in line.

And You Thought QE Was Over: The Fed Will Monetize Half Of This Years U.S. Treasury Issuance, at zerohedge.com. Over the next four years, the Federal Reserve is going to have to repurchase, with printed money, $1.1 trillion in maturing Government debt that it owns. The Federal Government can only grow to it’s present size if it is financed by it’s central bank, the Federal Reserve.

A RECESSION IS THE CORRECTION

Why We Need A Recession, by Ronald-Peter Stoferle, at mises.org. A recession is nothing more than economic forces correcting the misallocation of resources, labor, land and capital that was brought about by previous central bank money creation and easy credit.

As Ludwig von Mises said: “The return to monetary stability does not generate a crisis. It only brings to light the malinvestments and other mistakes that were made under the hallucination of the illusory prosperity created by the easy money.”

And as F. A. Hayek said: “To combat a depression by a forced credit expansion, is akin to the attempt to fight an evil by its own causes; because we suffer from a misdirection of production, we want even more misdirection – an approach that necessarily leads to an even more serious crisis once the credit expansion comes to an end.”

GOVERNMENT KNOWS BEST

How Government Poisoned The People Of Flint, by John Counts, at mlive.com. Government doesn’t know what’s best.

Texas Adopts New York Values On Fantasy Football, Tho Bishop, at mises.org. Government wants to protect you from illegal gambling. It’s better for you to buy legal state lottery tickets.

Categories: Must Reads For The Week
Tags: , , , , , , , , , , , , , , , , , , , , , ,

Comments: Be the first to comment

Must Reads For The Week 1/16/16

January 16, 2016

Warming Up Your Car? It’s Illegal And Dangerous, by Eric Lagatta, at newarkadvocate.com. Government at all levels is tyrannical. Ohio law states that it is illegal to leave your car running with your keys in it. They passed this law to prevent car thefts. What right do legislative busybodies have to tell us what we can do with our property. You own your car. If you want to weigh the risk of warm up your car in the morning vs. its potential theft, it should be your decision not theirs. just another example of incremental intervention by tyrannical government. Ohio is not the only state that has this law (read here).

Philadelphia Police Chief And Mayor Disagree on whether a police being shot had something, or nothing, to do with Islam. The police chief reports the facts of the case. The Mayor ignores these facts and gives his politically correct opinion about the shooting. It’s as if the Mayor wasn’t paying attention to what the police chief said just seconds before he makes his statement.

Bernie Sanders Says Police, Not Colleges, Should Handle Rape, by Robby Soave, at reason.com. I agree with Bernie Sanders, wait a second, Bernie Sanders agrees with me. Rape is a legal issue that should be handled by cops and courts. Colleges are not equipped to handle allegations of rape. The Catholic church got into trouble when they thought it was in their purview to deal with accusations of molestation by Priests. It was a legal matter. Colleges should let the legal system take care of these accusations.

Multiculturalism Trumps Protecting Women From Rape, by Dennis Prager, at realclearpolitics.com. On the lefts  ladder of political correctness, women must understand that they rank at least one rung below the idea of multiculturalism. The left divides Americans into groups whether it’s women and men, black and white, gay and straight, poor and rich etc. As these groups ultimately end up butting heads, the left has to make a choice between one group over another. Watching the left hoisted on their own petard of political correctness is actually quite enjoyable.

Little Girl Suspended For 30 Days Because She Lent her Inhaler To A Gasping Friend, by Robby Soave, at reason.com. Is there no common sense among school administrators and or teachers? At least you can go to the replay official in the NFL when an official makes a decision. This girl has to wait for a hearing on the matter. File this under to many rules and not enough common sense.

Americans Are Abandoning Political Parties, at usnews.com. People are waking up to the fact that Government intervention into our lives increases no matter which party is in power. This is a good thing for freedom.

Capitalism The Worst System, Except All Others, by Noel S. Williams, at americanthinker.com. “The left promotes perfect systems that don’t work, and denigrate systems that work but are not perfect.”

Hillary Clearly Knew She Was Sending Secret Information Via Insecure E-Mails, And Knew It Was Wrong, by John R. Lott, at johnrlott.blogspot.com. You can have your own server, but you are not allowed to use it for State business.The FBI Expands Investigation To Clinton Foundation, at thehill.com. The Clinton Foundation is just a way for Bill and Hill to launder money. I would be shocked if anything is done about Hillary’s law breaking. The rule of law doesn’t apply to rulers, it only applies to the ruled.

“It’s All The Fed’s Fault”, Santelli Rages, at zerohedge.com. He says “that the notion that a group of people should control the price of money, (he means the interest rate), should be under review“. The interest rate should be determined by the billions of subjective decisions made everyday by millions of people.

How Price Controls Leads To Socialism, by Ludwig von Mises, at mises.org. Let the master explain.

Could China’s Housing Bubble Bring Down The World Economy, by Charles Hugh Smith, at oftwominds.com. This is similar to our housing bubble that burst in 2008.

 

 

 

 

 

Categories: Must Reads For The Week
Tags: , , , , , , , , , , , , ,

Comments: Be the first to comment

Must Reads For The Week 1/9/16

January 9, 2016

GOVERNMENT COUNTERFEITING, ALTHOUGH LEGAL, IS STILL THEFT

Keynesian Economics 101, (In Four Simple Lessons), at zerohedge.com. Print and spend money to stimulate the economy.

The Government Must Stop Printing Phoney Money, by Richard Ebeling, at epictimes.com. This is an in-depth article about the Government electronically printing counterfeit money. Trying to take away the States monopoly on money printing through the political process is a daunting task. Put your thinking cap on for this one.

The Rise Of Independent (non-state) Crypto-Currencies, by Charles Hugh Smith, at oftwominds.com. This is how the States money printing monopoly will be taken down. When I first heard of Bitcoin, my first thought was Bitcoin, or some other crypto-currency, could lead to money being restored as a product of the free market. The States monopoly of money printing could be broken just like the taxi cartels monopoly was broken by an app on a phone (Uber).

Are We Headed For Another Bust?, by Frank Shostak, at mises.org. The Feds intervention in the free market by its policy of below market interest rates and electronically printing counterfeit money will eventually be corrected by economic forces that are always in play. The bust is correcting the Fed induced boom.

GRAB YOUR GUNS!

The Constitution, The President, And Guns, by Andrew P. Nepolitano, at creators.com. The opposition party hasn’t stood up to the power grabs by our President over the last 7 years. Why would anyone think the Presidents last year in office won’t be like the last 7 years on steroids?

Obama’s Gun Control Order: Dictatorial And It Won’t Work, by John Lott, at nationalreview.com. I’d have more respect for the President if he would just come out and say he wants to repeal the second amendment.

Chart Of The Day: More Guns Less Gun Violence Between 1993 And 2013, by Mark J. Perry, at carpediemblog. Data shows that gun violence has gone down as firearm ownership has increased. Causation or correlation?

Showman And Chief, by Thomas Sowell, at jewishworldreview.com. Thomas Sowell looks at the political theater of the Presidents press conference concerning gun control.

President Obama Tears Up While Discussing His Action To Curb Gun Violence. If you read the article by Thomas Sowell above: you have to ask yourself if the tears are real or just part of the show?

Just remember the Presidents standard operating proceedure: “You Never Let A Serious Crisis Go To Waste“.

JUST FOR LAUGHS

Hillary Can’t Explain The Difference Between Democrats And Socialists.

Let me see if I can help. A Democrat is a socialist who won’t admit it. She said she’s a “progressive” Democrat. A progressive Democrat, or a progressive Republican, is socialist central planner.

Dexter Manley Has Some Thoughts About Black Quarterbacks.

A couple of observations.  1) Watch the white guy in the video. He knows this is funny but he tries to hide his laughter by putting his head down. 2) Dexter Manley apologized for saying this. Are we so worried about offending people that we can’t even make jokes about ourselves or laugh at jokes like these. Isn’t it about time to drive a stake through the heart of political correctness?

 

 

 

 

 

Categories: Must Reads For The Week
Tags: , , , , , , , , , , , , , ,

Comments: Be the first to comment

Must Reads For The Week 1/2/16

January 2, 2016

Go GMO’s! Farmaceuticals Coming, at economicpolicyjournal.com. Isn’t animal husbandry and cross pollination of the past the same thing as genetic modification?

Crony Corporation Payments To Bill Clinton For “Speaking Fees“, at economicpolicyjournal.com. These payments were paid by companies around the time they had business with Hillary Clinton’s State Department. Is this a bribe, or protection money?

NYC Crazy Alert: ‘Misgendering’ A Transsexual Could Cost A $250,000 Fine, at tammybruce.com. Once again I ask why do we allow these people to get away with such foolishness?

Milton Friedman Should Higher Education Be Subsidized? Game, set, match Milton Friedman. HT libertypenblog.blogspot.com.

Restaurant Owners Beg Gov. Cuomo To Hold Off On Raising Tipped Workers Minimum Wage Again, at economicpolicyjournal.com. Price fixing by Government will hurt the very people the government wants to help.

How Tocqueville Schooled Bernie Sanders 200 Years Ago, at the federalist.com. Sanders proposed a return to Roosevelt’s New Deal and  Johnson’s Great Society. Seriously! We don’t have to return to policies that we have never gotten away from. In fact we have expanded these programs.

Free Market Progress, at economicpolicyjournal.com. The government hasn’t figured out a way to intervene in the computer industry. This is why computers are improving at a lower cost.

Female Meteorologists All Over The Country Are Wearing The Exact Same $23 Dress, at economicpolicyjournal.com. No conspiracy her it’s just the power of social media.

The Formlessness of Progressivism, by Yonathan Amselem, at mised.org. Progressives have turned any desired good or need into a right. If the progressives were in favor of the second amendment. They would require every citizen to own a gun and if someone couldn’t afford a gun the government would subsidize the purchase.

PC Is About Control, Not Etiquette, by Jeff Deist, at mises.org. Excerpt from the article: “Political correctness is the conscious, designed manipulation of language intended to change the way people speak. write, think, feel, and act, in furtherance of an agenda.” Reject political correctness when it rears it’s ugly head.

Open Carry Comes To Texas: Why The Lone Star State Will Be Safer in 2016, by John R. Lott, at foxnews.com. Incentives matter to criminals.

Murray Rothbard On Alan Greenspan, at econoicpolicyjournal.com. Watch this short video.

 

 

Categories: Must Reads For The Week
Tags: , , , , , , , , , , , ,

Comments: Be the first to comment

Must Reads For The Week 12/26/15

December 25, 2015

“This” Is Who We Are: Two Medal Of Honor Vets Passed Away This Month, at tammybruce.com. We are a nation of immigrants. These are great stories.

Hillary Admits There’s A Problem With Obamacare, at tammybruce.com. Hillary admits that there were incentives that discourage full-time employment. We all knew that before the thing was passed. Quoting a friend of mine, “one of us in this conversation is a real dumb ass!”

Kentucky Lowers The Minimum Wage, at economicpolicyjournal.com. Newly elected Governor Matt Bevin lowered the minimum wage of government workers and contractors. He said “Wage rates ideally would be setablished by the demands of the labor market instead of being set by the government,”. A lot of work went into getting Bevin elected. And as much as some on our side think politics isn’t the best use of our time, the fight for liberty must be fought on all fronts. Bevins election may not have happened if Ron Paul had not run for president.

Democrats And Totalitarianism, by Kevin D. Williamson, at nationalreview.com. Excerpt from the article: “Rolling Stone writer Jeff Goodell asked John Kerry whether Charles and David Koch, two libertarian political activists, should be considered – his remarkable words – “an enemy of the state.” He posed the same question about Exxon, and John Kerry, who could have been president of the US, said that he looked forward to the seizure of Exxon’s assets for the crime of “proselytizing” impermissibly about the question of global warming.” Make no mistake about the totalitarian tendencies of all politicians in general and establishment Democrats in particular. They don’t want any opposition to their plans. Anyone from the private sector who gets in their way will have to deal with the full weight of government force and media propaganda. If you don’t believe me read this, Senator: Use RICO Laws To Prosecute Global Warming Skeptics, at theweeklystandard.com.

Federal Court Says Government Can’t Censor Trademarks, Could Save Redskins, at libertarianrepublic.com. This will probably be pushed all the way to the Supreme Court, and then all bets are off.

Oberlin College Students: Cafeteria Food Is Racist, at thedailybeast.com. The students are saying the food is racially inauthentic, and therefore a form of micro-aggression. These pusillanimous students have never experienced real micro-aggression like I did from my mom when I wouldn’t eat my dinner. Why do we allow such foolishness to be taken seriously?

Germans Scramble To Buy Amid Nationwide Spike In Migrant-Driven Crime, at zerohedge.com. No comment necessary.

Minneapolis – American ISIS Terrorist Who Sought To Shoot Down Planes, Worked At Airport, at realcourage.org. This guy worked at the Minneapolis-St. Paul airport as a baggage handler, a company that de-iced planes, and a company that handled jet fuel. And the TSA is worried about passengers?

Which Is Better The Mafia Or The Government, at thelibertarianrepublic.com. “What would you rather have organized crime or unorganized crime?”

Categories: Must Reads For The Week
Tags: , , , , , , , , , , ,

Comments: Be the first to comment

Must Reads For The Week 12/19/15

December 19, 2015

Fed (Slightly) Raises Target Fed Funds Rate After Seven Years, by Ryan McMaken, at mises.org. Seven years of a zero % fed funds rate, and a quarter point increase is all the economy can handle? Look at the chart in this article and ask yourself, “is this what a recovering economy looks like.”

Why One Congressman Voted “NO” On The Massive, Wasteful Omnibus Bill, at zerohedge.com. The real question is why did any Congressman vote for more wasteful spending at tax payers expense?  I see three reasons why. 1) They  favor expanding government central planning. 2) They don’t have the stones to stand up to the big government central planners. 3) They think that expanding government will help them with the voters. It is our fault they think this way.

 A Libertarian Star Wars Parody, at reason tv.

Threat That Closed Down L.A. Schools Appears To Be Hoax, Congressman Says, at latimes.com. Quote from the article: “Rep. Brad Sherman (D-Los Angeles), a senior member of the House Foreign Affairs committee, said the email lacked “the feel of the way the jihadists usually write”. Sherman said the roughly 350-word message did not capitalize Allah in one instance, nor did it cite a Koranic verse.” Didn’t the Democrat from California just say the letter didn’t fit the profile of a jihadist? I guess people on the left are allowed to profile, because people on the right couldn’t say something like this and get away with it.

Disgraceful White House Hanukkah Celebration, by Thomas Lifson, at americanthinker.com. The disrespect the President feels toward Jews was on full display when a member of an anti-Israel group was invited to speak at the lighting of the Menorah. This is just the latest instance of a profilable pattern of activity by the President.

Kerry Admits Futility Of US CO2 Cuts In Paris Speech, by Thomas Lifson, at americanthinker.com. Here is a quote from Kerry: “The fact is that even if every American citizen biked to work, carpooled to school, and used solar panels to power their homes……..is we eliminated all ….greenhouse gas emissions, guess what – that still wouldn’t be enough to offset the carbon pollution coming from the rest of the world.” So I guess we should go full speed ahead with these CO2 cuts, even though they won’t make a difference. Sounds like a plan!

Congress Moves Again To Block Investigation Of Congressional Insider Trading, by Lee Fang, at theintercept.com. Did you ever wonder how members of congress retire from congress as multi-millionaires? Congress obviously wants to protect this sweet deal.

Securing From Behind: DHS Working On Plan To Look At Visa Applicants Social Media, at michellemalkin.com. Political correctness kept DHS from looking at Muslims social media posts.

Something Strange Is Taking Place In The Middle Of The Atlantic Ocean, at zerohedge.com. Three ships loaded with diesel fuel turned around half way to their destination in Europe. Low demand, plus over-supply, plus lower price, plus no storage capacity means for the time being it is cheaper to keep the ships in the water until the prices rise. Unfortunately over-supply and low demand keeps prices down. Happy sailing.

Moonbat Social Justice Alert: Harvard Students Get Lib Talking Points Placemats, at tammybruce.com. The lefts  brainwashing of college students finds a new way to market its ideas.

Company Selling ‘Fake Hymens’ To Muslim Women To Trick Their Fiances Into Thinking They’re Virgins, by Tanveer Mann, at metro.co.uk. The free market always finds a need and fills it. But why is there a need for this product? Because the religion of peace has strict rules about women having pre-marital sex, and women face “life threatening” consequences if they are not a virgin when they get married. As a satisfied customer said, “If your product didn’t exist, I wouldn’t exist either.”

 

Categories: Must Reads For The Week
Tags: , , , , , , , , , , , , ,

Comments: Be the first to comment

« Older Entries
Newer Entries »