AUSTRIAN ECONOMICS ADDICT

GOVERNMENT IS IN ON THE ENVIRONMENTAL SCAM

Government policies are a quest for power, money and control disguised as environmental do-goodism.

The Economic Fall And Political Rise Of Renewable Energy, by Robert Bradley Jr, at masterresource.org. Excerpt from the article: “The modern history of wind power and on-grid solar power can be summarized in four words: economically incorrect, politically correct. U.S. companies invested heavily in renewable energy technologies in the 1970s/80s only to suffer losses and, in most cases, to exit. Only massive taxpayer and consumer subsidies in the 1990s reversed these market verdicts, leading to today’s government dependence.”

Exposing The ‘Regulatory Groupthink’ Of California’s Rooftop Solar Mandate, at zerohedge.com. Why would you mandate using higher cost energy instead of lower cost energy? This reminds me of a statement by Robert Bradley Jr. ““When Government tries to pick winners and losers, it typically picks losers. Why? Because the free market consumers pick winners to leave the losers for Government.”

Government Motors’ Proposed 50-State Standard, (Once Federally Saved, GM Seeks More Aid), by Donn Dears, at masterresource.org. In a free market, GM can’t force consumers to purchase electric vehicles. So instead of trying to create a better mouse trap that consumers will buy, they are going to get government to that force taxpayers to subsidize the purchase of EVs. This will bring down the price, but not the cost, of these vehicles that are proven market losers. Once again government intervention in the market props up a non productive activity, by shifting the cost to taxpayers.

This Election Mattered, by Eric Peters, at straightlinelogic.com. Excerpt from the article: “If you don’t think elections matter, wait about five years. Then go shopping for a new car. The government is doing to force us into its vehicles of choice whether we like it or not, and with the Democrats taking control of the House of Representatives, there’s not much we can do about it.”

France Suffers Anti-Carbon Tax Revolt: Massive Road Blocks Against Macron’s Diesel Tax, at zerohedge.com. Finally the French people think government is too intrusive and are willing to fight back.

OTHER STUFF

Never Snow In Texas? Experts Warn Decreased Solar Activity Will Shatter All Global Climate Models, at zerohedge.com. There are many variables involved in climate and weather. Man can’t possibly know everything needed to take on the task of controlling the climate of the planet. Let alone implement changes if he did know. Sun spot activity is one of the variables affecting weather and climate. And it is in a cyclical decline. Less solar activity means cooler temperatures. So in order to counter act the lower temperatures associated with lower solar activity should we pump more CO2 into the atmosphere by letting our cars run all the time. This would warm up the planet according to the “experts”. Would it work? Lets hope the sun gets more active so we don’t experience a ‘mini ice age’ like we did in the 17th century. A colder planet is worse for man than a warmer planet. Gentlemen start your engines!

Politicians & Police Set Tyranny’s Perfect Example: Gun Confiscation, at zerohedge.com. Although these new “red flag” laws were passed to protect people from themselves, they are going to get some of these people killed at the hands of the police.

As Brexit Options Dwindle, New Momentum For A 2nd Referendum, by Stepen Castle, at mytimes.com. Theresa May as well as other EU type bureaucrats don’t want Brexit to take place. They are lying about the need for an agreement to get out of the EU. They want to stall taking action long enough to get another vote on Brexit in hopes that will go down this time. Here is my simple Brexit agreement. The laws that existed before the formation of the EU are back in existence. Here is my trade agreement with the EU: Individuals in Great Britain can trade with individuals in the EU without government interference through taxes, subsidies and regulations. That’s it.

Lawmakers Leak Plan For $3 Billion Pension-Fund Bailout, at zerohedge.com. Who do you think bails out all of these ponzi scheme pension plans? We the tax payers will pay for this bailout. I have said that at some point someone will have to pay for this retirement debt. Either the retirees will pay in lower benefits, or tas payers will pay in higher taxes.

New York’s Subway Riders Are Going Galt, by Monica Showalter, at americanthinker.com. When the quality of a product declines as the price of that product rises, there comes a point when consumers look for a substitute. The subway thinks it has a monopoly just as the taxi cartel did. But as alternatives to the subway become available (think Uber), subway ridership is declining. But we’ve seen this movie before. Tax payers will subsidize any loss in revenue, just as our tax dollars subsidize Amtrak and the post office.

ESPN Loses 2 more Million Subscribers In 2018, at zerohedge.com. Here is an example of “the creative destruction of the market”. This is happening to all cable channels, not just ESPN. Internet TV alternatives like Hulu, Sling, PlayStation and Netflix etal, are taking market share. Cable will adjust. This adjustment is a market reality and a good thing for the economy as a whole.

Clinton Foundation Donations Plummet 90%, at zerohedge.com. As the Clintons lost their power to pass out favors via Federal government largess (tax payer money), donations to their money laundering scheme dried up. Who is shocked by this?

White House Press Pass Has Nothing To Do With The First Amendment, by Ryan McMaken, at mises.org. Excerpt from the article: “….the very premise that a White House press pass is a critical component of a free press is questionable at best. After all, the press room, the communications staff, and the entire White House media apparatus exists to make the president look good…..not to divulge any information the White House doesn’t want released.”

The Difference Between An Obama Judge And A Trump Judge, at zerohedge.com. John Roberts made a statement saying there is neither Obama judges or Trump judges or Bush judges or Clinton judges. We have an independent judiciary. If this is true why do leftist try to bring their cases before the 9th Circuit? The Supreme Court overturns the 9th Circuit court 80% of the time. If there is no difference, why are leftists trying so aggressively to stop Trump from appointing conservative judges? Remember the Brett Kavanaugh circus?

THANKSGIVING LEFTOVERS

For These Gifts We Are Truly Thankful, by Kevin Williamson, at nationalreview.com. Let us be thankful for property rights and free markets. Here is an excerpt from the article: “Charity is honorable and necessary. We all – but especially those of us who have been blessed with so much – have a positive moral obligation to help the poor. But when we speak of the distribution and consumption of goods, we ignore the more fundamental question of how those goods get produced in the first place. God may have given us the Earth as a gift, but He does not plant potatoes or raise pigs or build the refrigerated trucks that keep people far from the farms and ranches from starving to death. He leaves that to us, one of many ways in which we share in His creative work.”

Here is a truth that almost never is spoken: All of the money that ever has been saved and invested in profit-seeking productive business enterprises has done incalculably more for the poor – more by many orders of magnitude – than has all of the money that ever has been put to charitable users, formal or informal, mainly by preventing them from ever being poor in the first place. That Saving and investment, and the innovation and labor that have gone along with them, are the only thing in the history of this little blue planet that has make its inhabitants less poor. Of course we invite the hungry to our table. A hell of a lot of good it would do if we didn’t have anything to put on their plates other than nice intentions or sanctimonious sentiments.”