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Must Reads For The Week 1/11/14

January 11, 2014
The pen is mightier than the sword...

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

The Forgotten Man (“The War On Poverty” Edition), by Chris Rossini, at economicpolicyjournal.com. The 50 year anniversary of the war on poverty begs the question: how much could have been produced, (including jobs) with all the money spent to fight the war on poverty?

NY Fed President Warns: We Have No Idea If We Will Be Able to Smoothly Unwind the Trillions In Excess Reserves if That Money Starts to Hit the Economy, at economicpolicyjournal.com. Look at the chart of all the electronically printed counterfeit money the Fed has printed since the “08” crisis. This money is blowing up the stock market bubble, it certainly isn’t creating jobs, as the chart in the article below shows.

People Not In Labor Force Soars To Record 91.8 Million; Labor Participation Rate Plunges To 1978 Lows, at zerohedge.com. These charts show the truth about unemployment. The unemployment rate dropping to 6.7% is meaningless outside of politics. A majority of the jobs created last month weren’t full-time, as the chart in the post below shows.

More Than Half Of December Jobs Added Were Temporary, at zerohedge.com. If fewer people are working, and the people with jobs are working fewer hours, are we consuming more than we are producing? Are we reaching the tipping point.

The Real Unemployment Rate, at zerohedge.com. People who aren’t looking for work are not counted as unemployed. I guess the unemployment rate depends on who you count as unemployed. This article shows more of what we are talking about in the previous articles.

Fed’s Jeff Lacker Admits “Asset Bubble”, And Reluctance To Pop It, at zerohedge.com. This isn’t the first time Lacker couldn’t bite his tongue before the truth slipped out. Read Here.

The Most Popular Political Party In America Is…, by Larry Krieger, at Liberty Blitzkrieg Blog, via zerohedge.com. The charts in this article show the increase of people identifying themselves as independents, while identification with the Republican and Democrat parties shrink. The information age is cutting into the monopoly that Government propaganda sources, like the mainstream media and the education system, have enjoyed for decades. The progressive central planners in both parties are starting to lose their advantage and won’t go quietly. The argument for individual liberty is winning.

The United States Of Shame – What Is Your State Worst At?, at zerohedge.com. I think I want to move to Idaho.

The Dumbest New Ban In 2014: Incandescent Light Bulbs, by Nick Gillespie and Todd Karinan, at reason.com. GE, Sylvania, and Philips went to Government to rig the market for their new more expensive CFLs when consumers decided they didn’t want to purchase these light bulbs. Crony capitalism at its finest.

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Must Reads For The Week 1/4/14

January 4, 2014
The pen is mightier than the sword...

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

Frozen Out: 98% Of Stories Ignore That Ice Bound Ship Was On Global Warming Mission, by Mike Ciandella, at newsbusters.org. It’s a good thing they went during the middle of the Antarctic summer. Here is the expeditions aim. It’s not surprising that 98% of the media’s stories don’t give all the facts. They shape the news by omitting facts that don’t fit their vision of the world.

Warning: 60- and 40- Watt Incandescent Light Bulb Production Ends January 1st, at economicpolicyjournal.com. Government mandates that we must use compact fluorescent light (CFL) bulbs. When they made this decision did they ask if the CFLs were safer than incandescent bulbs? No, this was a decision made to benefit crony capitalists?

How Far Could Travel Across The U.S. In One Day, From 1800 To Present, at economicpolicyjournal.com. Evil capitalists who produced saddles, wagons, trains, cars, trucks, buses, and planes have profited at our expense. Thank goodness these people are always looking for better ways of doing things, in spite of the road blocks government places in front of them.

100 Years Ago: Why Bankers Created The Fed, by Christopher Westley, at mises.org. Excerpt from the article, “…the Federal Reserve….was the implicit socialization of the banking industry in the United States.”  Just like Obamacare is the socialization of the healthcare industry.

Life In The Emerging American Police State: What’s In store For Our Freedoms In 2014? by John Whitehead, at economicpolicyjournal.com. You probably break a law everyday and you don’t know it, and that’s the problem. We can’t be under  the rule of law if people don’t know what the laws are, and the law makers don’t have to abide by them.

Who’d a-thunk it? A Cartel Doesn’t Like Competition, by Mark J. Perry, at aei-ideas.org. Regular taxi drivers in France don’t like a level playing field, they want it tilted in their direction. This is like having Usain Bolt start ten meters behind the rest of the competitors in the 100 meter dash, just to make it fair.

New York City Mayor Not Horsing Around, by Robert P. Murphy, at consultingbyrpm.com. The new mayor wants to ban horse-drawn carriages. He said,“We are going to get rid of horse carriages, period,” de Blasio said at a news conference Monday, saying that the practice is inhumane. I have two comments 1) is it inhumane for the police to ride horses, 2) they’re horses not humans.

Tea Party Leader Ted Stevenot To Run In Republican Primary Against Incumbent Governor Kasich, at ohiolibertycoalition.org. It’s Ted versus The Turncoat. The Ohio Healthcare Freedom Amendment passed with 66% of the vote, which means Governor Kasich ruled against the majority when he pushed Obamacare through the backdoor.

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Must Reads For The Week 12/28/13

December 28, 2013
The pen is mightier than the sword...

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

Two Years After She Passed Away, A Woman Gives Her Family An Unforgettable Christmas, at buzzfeed.com. I saw this on Libertarian Girl’s Facebook page. Thanks Marianne for finding this. Watch this video after you have read or viewed the other articles or videos below, trust me.

The Top Ten Most Ridiculous Law Suits Of 2013, at economicpolicyjournal.com. What kind of people think like this? I’m glad I don’t know.

China Will Require Journalists To Pass A “Marxism Test”, at economicpolicyjournal.com. If the journalists in China need Marxist indoctrination, they should go the journalism schools in America.

Minimum Wage Increase Blowback: Hamburger Ordering Automation, at economicpolicyjournal.com. When the cost of labor is greater than what that labor produces, businesses will find a more cost-effective way of producing that good or service or they will go out of business. It’s simple supply and demand. People demand less at a higher price whether it’s the consumers demand for ice cream, or the employers demand for labor. Read; Minimum Wages Laws Create Unemployment.

Hayek On Why Obamacare Won’t Work, by Mark J. Perry, at aei-ideas.org. The knowledge needed to make the healthcare system work resides in each individual’s decisions concerning healthcare.This knowledge can’t possibly be known by Government bureaucrats.

French Pub Fined For Using Undeclared Labor After Customers Return Glasses To Bar, by Steve Robson, at mirror.co.uk. I saw this at aei-ideas.org. The owners are going to avoid criminal charges but have to pay a fine of 7,500 euro. This is similar to the mafia’s protection racket. This can’t happen here! It’s already here, read this post from last week.

Tammy Bruce on Fox Discussing Phil Robertson’s (Duck Dynasty) Comments, at tammybruce.com. Tammy Bruce’s book, The Death of Right and Wrong, is a great read.

Test Answers That Are 100% Wrong But Totally Genius, by Jake Heppner, at distractify.com. I found this at kids prefer cheese. Numbers 2, 3, 6, 11, 13, 16, 18, 19, 23, and 37 show real creativity.

Obama IRS Tightening Noose On Tea Party Groups, by William Bigelow, at breitbart.com. I found this at kids prefer cheese. Who’s surprised at this?

Spot The Odd One Out, at zerohedge.com. Do these charts show that there is a financial bubble? The Feds counterfeit money is being used to purchase Government securities, which are first laundered through Wall Street and purchased from banks. The money is also used to purchase mortgage backed securities from banks. The counterfeit money the banks receive in exchange for these securities is pumping up the financial bubble.

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Must Reads For The Week 12/21/13

December 21, 2013
The pen is mightier than the sword...

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

Important South Africa And Ending Apartheid: The Free Market Road Not Taken, by Richard Ebeling, at economicpolicyjournal.com.

Will The DHS Now Put Keynesians On It’s Watch List, at economicpolicyjournal.com. Colorado high school shooter is a rabid Keynesian. Will the DHS start profiling keynesians like they profile people on the right?

Undercover Stings Used To Fight Domestic Terrorism, by Roxana Hegeman, at abcnews.go.com. These kinds of operations are dangerously close to entrapment, and this particular one definitely looks like entrapment. Read the article and decide for yourself.

David Stockman: Obamacare Is A Doomsday Machine, at economicpolicyjournal.com. As the roll out continues, more and more businesses will get rid of employer insurance and will pay the fine/tax because it will be cheaper.

The Fed, The Taper & What Happens “When The Kidnapper Wears Prada”, at zerohedge.com. The banks and wall street are addicted to the heroin that is QE counterfeit money. They will do everything in their power to get their next fix.

When I Grow Up, I Want To Be A Crony, by Mark J. Perry, at aei-ideas.org. Great video of kids talking about crony capitalism.

Amazingly This Woman Taught Economics At The University Level, at economicpolicyjournal.com. You won’t be able to get through 3 minutes of this video. The title of the post is wrong, it isn’t amazing, it’s perfectly believable. These are the pied pipers leading the ignorant.

The Federal Reserve’s Century Of Failure, by Bruce Walker, at americanthinker.com. The Federal Reserve system and Obamacare “Both represent wholly misplaced attempts to replace the incremental influence of market forces with central planning by a national government.“

The Obamacare Generation, Young People Have Been Had, by Victor Davis Hanson, at victorhanson.com. When will they wake up and see that they are being played?

Is This The Closest A Wingsuit Pilot Has Ever Flown To The Ground, youtube video. This is amazing.

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Must Reads For The Week 12/14/13

December 14, 2013
The pen is mightier than the sword...

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

The 10 Worst Economic Predictions Ever, at zerohedge.com. Here’s the only prediction that is always true. Government interventions in the market do not produce as optimal an outcome for the most people than there would be if the market had been left unhampered.

David Stockman, “Valuation Has Lost Any Anchor To The Real World”, zerohedge.com. Short video of Stockman talking about what is stated about above, which is the Feds intervention into the market by electronically printing counterfeit money.

It’s Time To End America’s Century Of Central Bank Mismanagement, by Richard Ebeling, at economicpolicyjournal.com. I couldn’t agree more. For some heavy lifting read the full article here.

South Carolina Could Lead The Nation By Nullifying Obamacare, by Joshua Cook, at benswann.com. Getting rid of Obamacare can only happen from the bottom up, because the top down politicians are for it because it gives them more power over us.

Santelli & Stockman Blast “Festering Fiscal” Budget Deal “Betrayal”, at zerohedge.com. Short video telling the truth about the deficit deal. Politics comes first, addressing real problems isn’t a high priority.

A Public Safety Disaster: Obamacare Could Thousands Of Volunteer Fire Departments To Close, by David Martosko of the Daily Mail, at foxnews.com. Unintended consequences of trying to centrally plan something while there is still a free market in place.

David and Steph Teeterboard Training. How many injuries do you have to go through in order to get good at this?

Chicago vs. Houston In Four Charts, at zerohedge.com. Is there a correlation or causation related to these charts.

Major League Baseball Looks To Outlaw Collisions At Home Plate,by Ronald Bloom, at mdjonlin.com. Did MLB learn from watching the NFL deal with the concussion issue that they have to get out in front of this potential issue. Or do we just live in a low T society?

This cartoon is from theburningplatform, see more here.

141391 600 The gift cartoons

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Must Reads For The Week 12/7/13

December 7, 2013
The pen is mightier than the sword...

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

Fast-Food Workers Plan Strikes In 100 Cities This Week, at economicpolicyjournal.com. Unions are trying to increase their membership by preying on the economic ignorance of young people, promising them a minimum wage of $15 dollars an hour. Minimum wages laws don’t work! Read here.

One Of These Is The “Real” Economy, at zerohedge.com. The Fed’s counterfeit money is creating a bubble in the stock market, and  misallocating  scarce resources in the private sector.

Obama Doesn’t Understand Income Inequality Either, by Michael S. Rozeff, at economicpolicyjournal.com. Incomes are unequal because individuals are unequal, it’s that simple. Individuals have different skill sets, work ethic, and desires. Lebron James and I have different incomes because people value his skill set higher than mine as evidenced by the fact that they will voluntarily pay him more to perform his skill than they will pay me to perform my skill.

Cartoon Of The Day: People vs. Government, at aei-ideas.org. This cartoon says it all.

Clueless Krugman Speaks Out Of Both Sides Of His Mouth, by Chris Rossini, at economicpolicyjournal.com. Krugman laments the idea that the poor and middle class are finding it harder to move up the economic ladder while at the same time cutting their chance to climb the ladder by proposing raising the minimum wage.

San Francisco Considers Banning Butterfly Releases, at economicpolicyjournal.com. Why do we even consider stupidity like this.

Obama’s Plan To Snatch Your Savings, by Jeffery Folks, at americanthinker.com. Government bureaucrats have their eyes on your retirement accounts. Where ever there’s a pile of money, bureaucrats will try to figure a way to get their hands on it. They will pass a law to make their theft legal.

Confiscation Begins In NYC: “Immediately Surrender Rifle and/or Shotgun, by Tammy Bruce, at tammybruce.com. Nothing more to  say.

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Must Reads For The Week 11/30/13

November 30, 2013
The pen is mightier than the sword...

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

If You Like Your Plan You Can Keep It: ( The Rap w/ Remy), by Remy and Meredith Bragg, at reason.com. A short rap video to start your day.

Watched Cops Are Polite Cops, by Ronald Bailey, at reason.com. Lets go to the replay official! Having small cameras attached to an officers glasses, hats, or uniforms is a good idea as these three stories,( read 1 here, 2 here and 3 here) show.

Hospital Holds Teen For 9 Months, Won’t Let Parents Take Her Home, by Kristin Tate, at benswann.com. If you think parents rights are being violated now, just wait until Obamacare is fully implemented.

Price Controls Don’t Work, And Team Obama Doesn’t Like Market Solutions That Save Lives, by Mark J. Perry, at aei-ideas.org. Here’s a quote from the article, “The Obama administration cannot accept a market approach to rationing a scarce resource like bone marrow, and insists on a government price control of $0.00 for a scarce, lifesaving resource.” Just wait until Obamacare is fully implemented.

Full List Of Obamacare Tax Hikes, by Nick Sorrentino, at townhall.com. Politicians can always claim they haven’t raised taxes if, 1)the tax hikes can be hidden in thousands of pages of legislation, and 2) the mainstream media won’t do their job of being a check on political power.

Pope Francis: Free Market Hater, at economicpolicyjournal.com. Understanding how free markets really work takes much deeper analysis than the shallow thinking enjoyed by utopian central planners, Marxists, and even well meaning Christians.

The Three Metro Areas In The US That Have Larger Economies Than Sweden, at econoimicpolicyjournal.com. Central banks are printing a portion of these GDP numbers. Since all central banks are counterfeiting at the same time, than the GDP differences between countries represent some sense of reality.

Do you believe this guy, David Stockman Fears “Panic” When The “Lunatic” Fed “Loses Control”, at zerohedge.com, or do you believe this guy.Greenspan- “Dow 16,000 Is Not A Bubble”, at zerohedge.com.

Our View: Ethanol Was Mistake Then, It Still Is One Now, at delewareonline.com. Ethanol mandates are,  a) An environmental boondoggle, b) A subsidy for farmers, c) Politicians buying votes, d) All of the above.

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Must Reads For The Week 11/23/13

November 23, 2013
The pen is mightier than the sword...

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

This first article and video is a must!

The War Against Achievement, by Thomas Sowell, at jewishworldreview.com. When individuals achieve at a higher level than you, are you envious and try to tear them down, or do you use their achievement as motivation of what is possible if you work hard? Watch this video about Richie Parker, the young man Thomas Sowell is talking about in his article.

Mother Charged $10 dollars After Lunch Of Pot Roast, Potatoes, Carrots, And An Orange Deemed “Unbalanced” By Daycare, by Liz Klimas, at theblaze.com. If you want to look where the road we’re traveling leads, look at countries who are farther down this road. Oh yeah I forgot, “this can’t happen here”.

The Obamacare Time Bomb, by Marc A. Thiessen, at economicpolicyjournal.com. In the words of the great F. A. Hayek, “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”

Census “Faked” 2012 Elections Jobs Report, by John Crudele, at nypost.com. Most of us knew the number was fudged when it came out.

I Can’t Call You Sugar, Cause Sugar Never Was So Sweet, by Angus, at mungowitzend.blogspot.com. This is what we mean when we talk about crony capitalism. In a free market, unhampered by Government regulations, businesses will succeed or fail based on their ability to sell a good or service at a price that covers the cost of production.

Nancy Pelosi Doesn’t Think She Said Anything Wrong About Keeping Health Plan, by Robert P. Murphy, at consultingbyrpm.com. My apology for wanting you to watch a video of Nancy Pelosi. I don’t know what is more amazing, watching Nancy try to spin her way out of her own pile of #%&*, or watching David Gregory try to act like a journalist asking tough questions.

The Treasury Federal Reserve Naked Tango, by Lawrence Kotlikoff, at economicpolicyjournal.com. Counterfeiting and money laundering are legal activities for Government, but not for us. Counterfeiting is theft whether it’s legal of illegal.

School Heaves Obama Lunch Menu, at ohiolibertycoalition.org. Students force Obama’s school lunch program to face economic reality. Read this post from a year ago titled, Healthy, Hunger-Free Kids Act, Doesn’t Work As Planners Planned, at austrianaddict.com.

California Rejects Proposed One-Year Plan Extension, at zerohedge.com. The pesky free market won’t cooperate with the central planner and chief’s plans concerning Obamacare.

Guest Post: The 5 Economic “Big Lies” The Government Is Telling You, by Micheal Snyder, guest post on zerohedge.com. This post is so

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Must Reads For The Week 11/16/13

November 15, 2013
The pen is mightier than the sword...

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

Obama Translated, at zerogedge.com. You need your political speak to english dictionary to understand what politicians say.

The Biggest Threat To Minimum Wage Restaurant Workers Everywhere?, at zerohedge.com. When the minimum wage is set above the value produced by the worker, businesses will find a lower cost substitute for the labor.

The Mirical Cure…? zerogedge.com. You can’t counterfeit your way to prosperity.

This Is How The President Plans To Un-Cancel Insurance Policies, at economicpolicyjournal.com. Unintended consequences happen when central planners try to plan what is still a qusi free market activity. It’s the same concept as trying to raise the minimum wage law above the market price.

The Economics Of Obamacare, by Robert P. Murphy, at mises.org. The laws of economics are always in play no matter what plans Governments make.

Top Sectors That Throw Money At Congress, economicplicyjournal.com. They all pay both sides of the aisle, it is called hedging their bets. When the difference is 65% or above, you have a good idea what that which party the better thinks will deliver the goods.

U.S. Oil Production At Highest Level Since January of 1989, by Mark J. Perry, at aei-ideas.org. Free markets work in spite of government plans to make drilling for oil more difficult.

Progressive Government Fails, by Daniel Henninger, at online.wsj.com. Quote from the article, “The essence of modern Democratic progressivism is: “You will participate in what we have created for you, and you will comply with the law’s demands.”

Does Washington Know Best? by Walter E. Williams, at jewishworldreveiw.com. The amount of knowledge needed to centrally plan an economic activity is impossible for Government to know. No one individual or bureau of individuals knows this knowledge in a free market. Prices convey and coordinate this knowledge. When Government messes with prices through regulation, taxes, and subsidies, well just look at the Obamacare mess. It will get worse as they try to fix it through more “planning”.

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Must Reads For The Week 11/9/13

November 9, 2013
The pen is mightier than the sword...

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

Feds Threaten To Prosecute Merchant For Selling “Department Of Homeland Stupidity, at tammybruce.com. The bureaucratic state thinks it should be admired instead of ridiculed.

Who’d a-thunk it? ‘Cash For Clunkers’ was an epic failure in Keynesian Style Stimulus..., by Mark J. Perry, at aei-ideas.org. The only way to determine if vehicles have outlived their usefulness is if they can’t be sold for more than scrap. Cash for clunkers is a version of the broken window fallacy.

Is This Why Bitcoin Is Surging?, at zerohedge.com. Excerpt from the article, “So why is bitcoin seemingly minted on Teflon?  Limited supply….  There will never be more than 21 million bitcoins, and there are only 12.0 million currently.  In the 4-ish minutes it has taken you to read this far, the most new bitcoins that might have been issued is 25, or $6,250.  In the same timeframe, the Federal Reserve has pushed another $7.8 million into the financial system with Quantitative Easing.”

“If You Like Your Healthcare Plan, You Can Keep It”, at economicpolicyjournal.com. Video of the President peddling snake oil.

Big Unions May Get Their Obamacare Exemption After All, by Micheal Lotfi, at benswann.com. The makers of the laws and their friends don’t have to abide by the same rules that we serfs have to abide by. That’s not quite the definition of equal protection under the law.

Freedom: Along With booming Oil And Gas Business, The IT Sector Is Another bright Spot In The Subpar  Obama Economy, by Mark J. Perry, at aei-ideas.org. Excerpt from the article, “The serendipitous, experimental search for a business model is a great advantage that the free marketplace enjoys over centrally planned socialism or crony capitalism…..Presuming to know what is good for customers, regardless of their personal preferences, is how you end up with ObamaCare.”

Jury Duty Gives Us Power To Decide The Law, by Jonathan Carp, at posttrib.suntimes.com. We have to use the tools available to fight back against tyrannical Government.

No Child Allowed Ahead- It Might Damage The Self Esteem Of The Dumbasses, by Fred Reed, at burningplatrorm.com. A theory of why we have a low T society. Buckle your seat belt for this one.

Watch this insane dunk by a  junior college basketball player here, and this violent college football collision here. Listen to the oohs of the crowd in both videos.

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