Posted tagged ‘Brexit’

Must Reads For The Week 5/6/17

May 6, 2017

FCC Chairman Ajit Pai On Why He Is Rejecting Net Neutrality Rules, at reason.com. Free speech and access to information are important tools in pushing back against the propaganda of status quo institutions. Government bureaucracies, political parties, mainstream media, the Fed and it’s banking satellites, the health system, and our education system are just a few that need their power reduced. These institutions do not like information about their skims and scams to be found out.

Why The New York Times Is Cheering On “Censorship Algorithms”, at zerohedge.com. U.S. mainstream media  wants to use algorithms to purge the internet of stories it decides is fake news. They don’t like the fact that their monopoly on information no longer exists. Every status quo institution wants to hold on to its power. Fortunately for us the internet genie is out of the bottle.

The Pope’s Favorite Straw Man: Individualism”, by Ryan McMaken, at mises.org. It is OK for the Pope to be ignorant about economics, as long as he doesn’t pontificate about economics.

ESPN Anchor Admits Network Failing Because Of Politics, at tammybruce.com. People watch sports to escape the political BS they are bombarded with everyday.

Jimmy Kimmel Opens Up About His New Born Son’s Heart Surgery And Praises Obamacare, at npr.org. Emotion is not thinking. This is why I haven’t watched any late night shows since Johnny Carson. I don’t want to be preached to by someone who is supposed to make me laugh. We are headed toward a single payer government-run healthcare system and Kimmel obviously supports this. This direction will not be stopped by the House repeal bill. Does Kimmel understand that under his desired government-run single payer system, a bureaucrat, guided by bureaucratic rules, would have decided if his son would have had the surgery or not. It wouldn’t have been his decision. Emotional pleas do not change the reality of the cost of healthcare goods and services. Government subsidies, taxes, rules and regulations created these high cost. After the costs rise, Government then passes regulations that attempt to hide or shift the costs to someone else. Getting back to a true free market in healthcare is the only way to lower healthcare costs. What are the odds of that happening?

Obamacare Implosion: Last Major Healthcare Provider Pulls Out Of Iowa Leaving No Options In 2018, at zerohedge.com. Also: Obamacare “Death Spiral”: Maryland Insurer Seeks 50% Premium Increase for 2018, at zerohedge.com. How is our centrally planned healthcare system working out?

Maduro Hands Out Free Homes, Hikes Minimum Wages To Counter Angry Protests Wave, at zerohedge.com. Free stuff and setting prices is socialist central planning. Government intervention like this is how Venezuela got into this mess in the first place. How are these policies going to improve a situation that policies like this produced?

Philly Beverage Tax Blowback: Coca Cola Sales Plunge 32%, at zerohedge.com. Who would have thought increasing the price would lead to less being consumed. This is incremental socialism.

Dakota Access Pipeline Protest Camp Is Ecological Mess. State May Sue To Recover Losses, at kfgo.com. Do as I say not as I do. These people protested the pipeline because of possible ecological disasters. In the process, they created a real ecological disaster. We should never take these kinds of people serious.

It Takes 79 Solar Workers To Produce Same Amount Of Electric Power As One Coal Worker, by Mark J. Perry, at carpediemblog. Even thought solar and wind are subsidized by tax payer dollars, they can’t match fossil fuels in producing cheap efficient energy.

Northern Arizona U. Professors Claim Student Recordings Are Part Of An Attack, at arizonadailyindependant.com. Students are pushing back against the education establishment.

Barack Obama Officially Endorses Emmanuel Macron, at zerohedge.com. Obama says the hell with influencing elections covertly. I’m going to try to influence the French election overtly. People who think that governments don’t try to influence elections are naive. Did Russia try to influence our election? Yes. Did Obama try to influence Netanyahu’s election (read here)? Yes. Did Obama try to influence the Brexit vote (read here)? Yes. Did late night shows try to influence the election? Yes. Did the mainstream media try to influence the election? Yes. Did wall street try to influence the election? Yes. Did unions try to influence the election? Yes. Did you try to influence the election? There is a big difference between trying to influence an election and tampering with the casting and counting of votes.

CARTOONS

at therightreasons.net

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Must Reads For The Week 7/9/16

July 9, 2016

We Will Comment On Hillary and The Shootings In Dallas In A Few Days

Thinking Beyond Stage One, by Walter E. Williams, at jewishworldreview.com. The unintended consequences of tariffs and trade restrictions (please read this Mr. Trump). Excerpt from the article: The question that should be put to those calling for restrictions on imports is: In an effort to save jobs in one industry, do you care about or even know of its cost and disastrous effects in other industries? When Congress enacts a miracle for one group of Americans, such as steel producers, it creates a non-miracle for another group, such as steel- using producers.

What The World Looks To Someone Who Doesn’t Understand Economics, at cafehayek.com. Here are some excerpts from the article: “.….defense of the minimum wage is strong evidence that the world does indeed include people who really do believe that government-officials’ stated intentions determine the outcomes of government actions.” Always remember the limiting factor of any central planning by government, the amount of knowledge the bureaucrats can bring to bear on any situation isn’t even one tenth of the knowledge brought to bear by millions of individuals competing in the free market.

Smashing The Minimum Wage: robot Made Burgers Coming To San Francisco, at economicpolicyjournal.com. When the cost of labor is mandated to be higher than it would be under normal market conditions, Employers (economic forces) try to correct the intervention in a couple of ways. Since they have to pay more, why not pay even more to a person who can produce as much as two people. Another is to use automation to replace the now too expensive employee. Mandates don’t happen in a vacuum. Two Of The Worlds Largest Employers Are Replacing Workers With Robots.

But Why Aren’t People Buying Electric Cars? at theburning platform.com. The auto industry can’t figure out why ‘stupid’ consumers won’t buy electric cars. Could it be because the cost of owning and operating an electric car (even with all the Gov. subsidies) is higher than owning and operating a gasoline powered car? Maybe the consumer is smarter than people think. Read – Electric Car Sales Crash Into Economic Reality.

Brexit Shows Why Central Planning Won’t Work, by Jason Morgan, at mises.org. Excerpt from the article: “As Ludwig von Mises demonstrated in Human Action, it isn’t that economic interventionism and central planning might not work, it’s that they cannot work. Why? Because we simply do not have the ability to predict human action in the future, either in the immediate future, or in a more intermediate future.” Unfortunately for us the solution to the failure of these tyrants politicians and bureaucrats plans is more of the same thing that failed.

Here We Go Again: An August 2007 Redux, by David Stockman, at mises.org. When central banks try to stop market corrections by printing money via credit expansion, they end up creating bubbles that will eventually have to be liquidated. Of course they will try to stop the market correction that was a result of their attempt to stop the first market correction. The dog chasing it’s tail.

Murray Rothbard vs. EU 1989, at economicpolicyjournal.com.

 

Americas Radical Revolution, by Murray Rothbard, at mises.org. Rothbards take on the American Revolution.

This Is A Toilet” US Rowing To Use Sewage Proof Suits At Rio Olympics, at zerohedge.com. People have asked me why the Olympic committee would have the games at a place like this. Why? Because the Olympic committee is probably just as corrupt as FIFA was with the world cup. The pollution at the Beijing Olympics four years ago was probably just as bad.

Sharp Shooting Army Vet Saves Bald Eagle Stuck Upside Down In A Tree, at tammybruce.com. A young eagle was caught in a rope dangling from a tree. An army vet shot the rope and freed the eagle. The army vet was initially worried he might get in trouble for shooting at an eagle if he attempted to shoot the rope. With the way the legal system is today, I think his fears were justified.

Could Brexit Be The Modern Day “Shot Heard Round The World”?

July 1, 2016

 

Ralph Waldo Emerson’s immortalized The Minutemen who made a stand against British Tyranny at Lexington and Concord in his “Concord Hymn”. Here is the first verse:

By the rude bridge that arched the flood,

Their flag to April’s breeze unfurled,

Here once the embattled farmers stood

and fired the shot heard round the world.

Could Brexit be a seminal moment moving forward in the history of liberty? We won’t know until the future unfolds. All we know right now is the UK decided they didn’t want to be ruled by a bunch of unelected bureaucrats who usurped British sovereignty when they went beyond the EU’s original mandate.

The UK was fortunate that they were able to throw off the tyranny of the EU through the political process. They didn’t have to fire a shot. Colonial America had to physically fight to free themselves from British tyranny. The cost of “dissolving the political bands which have connected one with another” is exponentially higher if, in order for you to part ways, you have to fight as opposed to just agreeing to separate. Thank goodness the EU didn’t hadn’t become a military power or maybe this would have turned out differently.

Eight Key Takeaways from Brexit

It’s always beneficial for individuals when layers of bureaucratic regulations can be gotten rid of. This allows decisions to be made at the level closest to the individual, which means they have a better chance of working and a better chance of getting changed when they don’t.

I hope the British realize that just because they got rid of the EU central planners doesn’t mean they got rid of the central planning socialists in their Parliament. If the people want more individual liberty they will have to vote in members of Parliament who will stand for individual freedom and vote out members who have supported government solutions to economic problems. This will be difficult because voting to cut the size and scope of Government means many people will have to vote against their own self-interest. For inspiration, the British people need look no farther than Nigil Farage (click here) and Daniel Hannan (click here). These two men were British representatives in the European Parliament. There support for leaving the EU guaranteed they would lose their job. They voted against their own self-interest which is rare among “public servants”.

If the British Parliament and the Bank of England try to centrally plan the British economy through regulation, taxes and money printing, than all the people have done is exchange one set of central planners, who are far away, for a set of central planners who are local. I hope the people who voted to leave understand that if they don’t remain vigilant, their local central planners will see this as an opportunity to grab more power. All but a few politicians and bureaucrats are sucked into the gravitational black hole of Government power. It is hard to resist. No one with this kind of power should be trusted.

How will this end? No one knows. Let’s hope other countries fire political shots, against central planners, that will be heard round the world.

NIGIL FARAGE RUBS SOME SALT IN BREXIT WOUND

Some good articles about Great Britain leaving the EU.

BROVO BREXIT! by David Stockman, at davidstockmanscontracorner.com. Excerpts from the article:

The central bankers and their compatriots at the EU, IMF, White House/Treasury, OECD, G-7 and the rest of the Bubble Finance apparatus have well and truly over-played their hand. They have created a tissue of financial lies; an affront to the very laws of markets, sound money and capitalist prosperity.”

“…Brexit is a contagious political disease. In response to today’s history-shaking event, determined campaigns for Frexit, Spexit, NExit, Grexit, Italxit, Hingexit and more centrifugal political emissions will next follow.”

“Smaller government – at least in geography – is being given another chance. and that’s a very good thing  because more localized democracy everywhere and always is inimical to the rule of centralized financial elites.

WHAT NOW, BRITAIN?, by Matthew McCaffrey, at mises.org. Excerpt from the article:

Britain’s historic decision to leave the European Union represents a blow to political centralization. However, it’s also a sobering reminder that the work of advancing peace and economic freedom is never done. Britain may be extricating itself from EU political control, but if its goal is genuine progress and prosperity, it will need to do much more than simply sever its ties with Brussels.

“Without winning the battle of ideas, the gains from leaving the EU will amount to very little. In this battle, Brexit is not so much a victory as an opportunity…….Brexit offers a chance to once again spread those long-neglected ideals of peace and free trade from which all human progress derives.

EIGHT KEY TAKEAWAYS FROM BREXIT, by Dan Mitchell, at freedomandprosperity.org. Excerpts from the article;

“What an amazing vote. The people of the United Kingdom defied the supposed experts, rejected a fear-based campaign by advocates of the status quo, and declared their independence from the European Union.” Here are some takeaways, thoughts and interesting developments (click on article).”