Posted tagged ‘Cartoons’

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 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 7/8/17

July 7, 2017

Elizabeth Warren Calls For Democrats To Embrace Single-Payer Health Care, by Igor Bobic, at huffingtonpost.com. Single-Payer was the goal all along. Obamacare was just another step in the single payer direction. Here is what Elizabeth Warren said that has me scratching my head because it is a lie fake recollection of the facts: “President Barack Obama  tried to move us forward with healthcare coverage by using a conservative model that came from one of the conservative think tanks that had been advanced by a Republican governor in Massachusetts…..Now it’s time for the next step. And the next step is single payer,”. Mrs. Warren. Please define what you think conservative means because the Affordable Care Act wasn’t a conservative model. Conservative to me means individuals making decisions about their healthcare in a free market instead of bureaucratic decision making backed by government force.

Government Medicine: Court Declares Child Should Die Rather Than Receive Privately Funded Health Care, by Ryan McMaken, at mises.org. This is where government run health care eventually ends up. Bureaucrats will  make the decision on whether an individual will receive treatment or not. The individual has no say. And in this case the answer was no even though the medical treatment was to be funded privately instead of being paid for by public dollars. But this can’t happen in America; can it?

Gun Controllers Know Their Policies Won’t stop Murder. It’s Another Game They’re Playing, at thefederalist.com. The left is patient. They want Government to grow categorically. But they will take incremental increases. They understand how hard it is to get rid of government programs once they are implemented. Just look at Obamacare.

Climate Scares Fail To Occur, by Craig Rucker, at cfact.org. The Arctic was supposed to be ice free by now. We were supposed to have cat 4 and cat 5 hurricanes on a yearly basis. No cat 4 or 5’s  have hit America since Katrina in 06. The climate crazies are admitting that “there has indeed been a pause in the warming and that it’s models failed to predict it.” Maybe their data and their models are “fake science”.

Replacing Fossil Fuels With Renewable Energy Would Inflict Major Land, Wildlife, and Resource Damage,by Paul Driessen, at cfact.org. Environmental crazies have never read, “That Which Is Seen, And That Which Is Not Seen” by Bastiat. They don’t see the cost in land, resources, capital and labor that would be needed to meet the worlds growing energy needs. And that is not even looking at replacing less costly energy from fossil fuels with more costly renewable energy.

Wind News Update: Catastrophic Failures Jump, Maryland Gets Serious, by Lisa Linowes, at masterresource.com. You never hear about the problems with “green” energy in the main stream media. Why?

Norway’s ‘Voluntary’ Tax Plan Brings In Just $1,325, at economicpolicyjournal.com. In Norway if anyone thinks they’re paying too little in taxes, they can send more money to the government. It is shocking that people aren’t voluntarily sending in more money to fund Norways social programs.

Missouri Set To REDUCE St. Louis Minimum Wage From $10 to $7.70, at economicpolicyjournal.com. Excerpt from the article: “Missouri has discovered that the law of supply and demand applies to wages and that the higher you set minimum wage laws the more unemployment you get. In response, Missouri’s governor will allow a bill to pass that rolls back St. Louis’ minimum wage from $10 back to $7.70, the standard across the state.

Road Congestion: It’s All About Politics, by John Hinderaker, at americanexperiment.org. Minnesota’s Twin Cities traffic congestion can be blamed on bad decisions by politicians. Despite the fact that Twin City drivers time wasted in traffic has quadrupled since 1982, the Minnesota Department of Transportation will spend $700 million on bike and pedestrain infrastructure in the next 20 years and only $265 million on improvements for infrastructure for cars. Why do voters think politicians possess enough knowledge to make decisions outside their area of their expertise. Their area of expertise being getting reelected. HT carpediemblog.

How The FAA Killed Uber For Planes, by Andrea O’Sullivan, at reason.com. Once again government bureaucrats making decisions that squash market solutions that would make the economy more productive. HT carpediemblog

Why Does Michigan License Painters? by Jarett Skorup, at makinac.org. You need to have 60 hours of courses, pass an exam and pay $300 in fees to become a painter. Another example of bureaucrats using power to interfere in free decision making by individuals in the market. HT carpediemblog

FAKE NEWS

CNN’s Ratings Collapse As Primetime Shows Draw Less Viewers than Re-Runs Of “Yogi Bear”, at zerohedge.com. They are hanging themselves and they don’t even know it. I and some of my friends are watching CNN now because it is so funny. With more people like me watching, how much of their regular viewers are turning them off.

CNN President Jeff Zucker: “Trump Is Trying to Bully Us“, zerohedge.com. The mainstream media is accusing Trump of what they have been doing for years. The difference is Trump won’t cave into their bullying like other Republicans, and they don’t know how to handle it.

AWESOME The Truth Will Out, at targetliberty.com. The Washington Post is forced to retract.

Triggered: CNN’s Jim Acosta Accuses Trump Of “Fake News Conference” In Poland, at zerohedge.com. These people don’t realize that they’re actions prove their bias. We can see it. They can’t. That is why this is so funny.

Rachel Maddow Caught In Latest Fake News Scandal; Proof Her “Forged NSA Document” Segment Was a Hoax, at zerohedge.com. Rachel is a special kind of crazy person.

CARTOONS

at therightreasons.net.

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Must Reads For The Week 7/1/17

July 3, 2017

FAKE NEWS?

Three CNN Employees ‘Resign’ Over ‘Russia Collusion’ Fake news Retraction, at zerohedge.com. For anyone who pays attention, does this surprise you?

Project Veritas Videos Exposes CNN for Russian Fake News, at zerohedge.com. More evidence of media bias. As if we needed more.

Liberals Suddenly Silent When Man Arrested For Murder Of Muslim Girl Is….Illegal Alien, at tammybruce.com. This story fit the mainstream media narrative. Until it didn’t!

Why The Watergate Comparison Best Fits The Obama Administration, at thefederalist.com. The Obama administration illegally acquired information. They used it for political gain. Gov. agencies were used to bludgeon political opponents.

ECON STUFF

Jim Grant Explains The Gold Standard, by Ryan McMaken, at mises.org. We need a gold standard to stop the growth of the federal government. Complex concept clearly explained by Jim Grant.

Why Sound Money Does Not Need A Central Bank, Only The Rule Of Law, by Patrick Barron, at mises.ca. Our fractional reserve banking system is a skimming operation which confiscates the value of your money. Like all counterfeiting operations the first receivers of the money benefit at the expense of everyone else.

The Money Velocity Myth, by Frank Shostak, at mises.org. Great article explaining why the velocity of money has nothing to do with its purchasing power.

Get Ready For “QT1”: A First Look At The Fed’s Hidden Policy, at zerohedge.com. After nine years of QE, Quantitive Easing (pushing counterfeit money into the economy). The Fed is now starting a QT policy. Quantitive tightening (taking money out of the economy). QE stopped the housing bubble from completely bursting (correcting). Of course the housing bubble was caused by the Feds previous easy money policy. QT is what we need to cure the previous misallocation of resources. The recession brought about by the tightening policy will be blamed on Trump, not the Fed.

OTHER STUFF

Since Seattle Placed A Tax On Guns And Ammunition, The City’s Violent Crime Rate Has Increased, at zerohedge.com. When you tax something you get less of that activity. The result of having fewer guns is the increase of violent crime.

Why The First 118 Miles For Te LA to SF Bullet Train Started In Fresno (?) And Could Cost $3.6 Billion More Than Expected, at economicpolicyjournal.com. When there is a pile of tax payer money being passed out, we shouldn’t be surprised that there would be corrupt politicians doing favors for people they know.

Wind Power Sounds Good In Theory, But Rural Residents Across America Are Voting Against It When They get A Chance, by Mark J. Perry, at carpediemblog. There are real problems with wind besides the fact that tax payers subsidize the purchase of expensive electricity.

The Age Of No Privacy: The Surveillance State Shifts Into High Gear, at zerohedge.com. No matter what laws are on the books protecting our right to be secure in our persons, houses, papers, and effects from government spying. Government officials usually find ways to ignore these laws.

New Device Allows Cops To Download All Of Your Smartphone Activity In Seconds, at zerohedge.com. Another example of unlawful searches and seizures.

Dentist Owed Over $200 Million In Illinois, at dmdtoday.com. What we see happening to individual states and cities, will eventually happen at the Federal level.

 

CARTOONS from theburningplatform.

Political Cartoons by Glenn McCoy

Political Cartoons by Steve Kelley

Political Cartoons by Lisa Benson

Must reads For The Week 6/3/17

June 3, 2017

WE BID ‘ADIEU’ TO THE PARIS CLIMATE AGREEMENT

President Trump Announces US Withdrawal From The Paris Climate Accord, at zerohedge.com. Jerry Brown, Bill DeBlasio, Al Gore, Bernie Sanders, and Barack Obama respond to Trump pulling out of the Paris Climate Accord. If these five are for the Paris climate agreement, it must be nothing more than a socialist scheme for redistributing US tax payer money to the rest of the world. This agreement fits the world view of these gentlemen. Getting out doesn’t.

Obama Responds To Trump’s Withdrawal From Paris Climate Agreement, at zerohedge.com. First let me say this. President Obama. Since you didn’t send this treaty to the Senate for ratification, you had to know that the next President could get us out of this ‘agreement’  just as easily as you got us in to it.

Now here is what the former President said in his statement: “….the private sector already chose a low-carbon future. And for Nations that committed themselves to that future, the Paris Agreement opened the floodgates for businesses, scientists, and engineers to unleash high-tech, low-carbon investment and innovation on an unprecedented scale.”

Mr. President. The private sector didn’t choose “a low-carbon future”. Government ‘invested’ in green energy because the private sector wasn’t. The private sector doesn’t invest in technology that isn’t productive. Government ‘investment’ is nothing more than Politicians using taxpayer money to subsidize a non productive activity they think is a good idea (which means it fits their socialist world view). Once government money was available for the taking, crony capitalists, like Elon Musk and Jeffry Immelt, got in line for their share of tax payer dollars. Crony capitalist companies chose unproductive activities that were “made profitable” by tax payer dollars (Read-The Hidden High Cost Of Green Energy). So of course they’re against the US getting out of the Paris Agreement.

More from the former President: “…But even in the absence of American leadership……I’m confident that our states, cities, and businesses will step up and do even more to lead the way, and help protect for future generations the one planet we’ve got.”

First. It is OK if states, cities, and businesses want to freely choose this course of action. As long as they aren’t forced by the Federal Government or subsidized by the Federal Government.

Second. Getting out of the Paris Agreement is not the absence of American leadership. Getting out is American leadership. Leadership in America doesn’t come from political decrees. It comes from individuals coming up with new and better ways of producing output. A perfect example of American leadership is fracking. Fracking has broken the OPEC cartel because of the increased supply of oil. It has also helped lower US CO2 emissions because it has made natural gas so inexpensive that power plants are using natural gas instead of coal to produce electricity (If the purpose of the Paris Agreement was to lower carbon emissions they should be celebrating what fracking has accomplished). Here is an excerpt from an article I wrote titled; “Free Market Fracking Trumps Government Solutions When It Comes To Producing Energy.”

Market forces are more powerful than the hoped for results of central planners. The most recent example of this is the boom in oil and natural gas production, created by hydraulic fracturing [ fracking], which is taking place on private land in spite of Government policies. Our politicians shut down some Government lands to oil exploration, and made the process of getting permits for exploration on remaining lands more time-consuming [costlier]. They used their power, and our tax dollars, to promote and invest in, “green energy”. Green energy was going to create new jobs and lead our economy into the future; do you remember Van Jones the Green Jobs Tzar. As always, the plans by our best and brightest politicians, must be obedient to economic forces. Green energy has, and is, going bankrupt, in spite of being propped up by Government. Government tried to make carbon based fuels more expensive through regulation, and green energy more affordable through tax payer subsidies; And with all this Government intervention, the economic reality that green energy produces less energy at a higher cost, and carbon based fuel produces more energy at a lower cost, can’t be overcome.”

Elon Musk Leaving Trump Advisory Councils following Paris Agreement Withdrawal, at techcrunch.com. Having crony capitalist Elon Musk on a Government advisory council is like having the fox advising the farmer on how to make the hen-house more secure. (Read Here – Gov. Subsidies Helped Musk Attain $13.3 Billion Net Worth)

Studying The Climate Doesn’t Make You An Expert On Economics And Politics, by Ryan McMaken, at mises.org. Excerpt from the article: “…the Paris Climate Agreement isn’t a scientific study. It’s a political document that lays out a specific public-policy agenda…..to people who know nothing about economics or political institutions – public policy is like a magic trick. A group of politicians get together, declare that they’re going to solve problem X, and then problem X is magically solved, so long as everyone supports the “solution”…….what if the cure is worse than the disease?

THE REST OF THE MUST READS

To Lower Healthcare Costs, Try Freedom, by Julian Adorney, at mises.org. Quote from above. “Market forces are more powerful than the hoped for results of central planners.

The ‘Logic’ Of Protectionism Leads To An Absurd Conclusion: total Economic Self-Sufficiency At the Individual Level, by Mark J. Perry, at carpediemblog. Free trade increases wealth. Mercantilist protectionism decreases wealth.

Why Do Half-Measures Work For Markets, But Not for Socialism? by Ryan McMaken, at mises.org. Even as Venezuela fails as it adopts more socialist solutions, true believers say it isn’t true socialism. When a socialist country adopts some market solutions it helps lift more of their people out of poverty.

Auto Bloodbath: Lowest Domestic Auto Sales In Three Years Despite Record Inventories and Incentives, at zerohedge.com. Is the auto bubble about to burst?

Spying On You, Spying On Me, Spying On The President, by Andrew Napolitano, at lewrockwell.com. Once you  allow government surveillance outside of our fourth amendment rights. It is almost impossible to recapture the pit bull of government you let off the chain.

Voter Fraud? 5,500 Non-Citizens Discovered On Virginia’s Voting Rolls, at zerohedge.com. Now this is how you break the law to influence the election!

CARTOONS

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Must Reads For The Week 5/20/17

May 20, 2017

How The Obama Precedent Empowered Trump, by Victor Davis Hanson, at victorhanson.com. Excerpt from the article: “A supposedly disinterested media’s ecstasy over Obama’s election ensured that its subsequent revulsion at Trump could be taken no more seriously. Once a journalist declares a president a god or capable of sending shocks down one’s leg, then he would be no more credible if he were to pronounce another president the anti-Christ or capable of causing boils on one’s appendages…….A critical media is not a mere reset button that one turns on and off at one’s convenience. Instead, once it was short-circuited after 2008, its burned-out switch cannot be flipped back on in 2007. In sum, there is no longer a believable media that can offer credible critiques of the Trump presidency.”

Sock Puppets Taken To An Entirely New Level: ‘Click’ Farms Of 10,000 Phones That Give FAKE Likes, by John Lott, at johnrlott.blogspot.com. Fake likes produce fake stats about which stories are trending on social media. You now have the ability to manufacture fake outrage. Related article – Up To 15% Of Twitter Accounts Are Fake, Study Finds, at zerohedge.com.

Donald Trump’s Big Problem, He Doesn’t Understand Power, at targetliberty.com. Trump is an outsider who doesn’t understand the game played by the insiders.

Dismantle The FBI, And Give Its Money Back To The States, by Ryan McMaken, at mises.org. The FBI has turned into a big bloated money-grubbing political bureaucracy. Its goal is to make sure the FBI is declared the winner in every situation. It’s job of law enforcement can be done better and cheaper if it was decentralized. The leadership of the FBI, (not the rank and file agents), aren’t the guys wearing the white hats like they have been portrayed.

Public-Sector Unions Keep The Gravy Train Flowing To Fire Departments, by Ryan McMaken, at mises.org. Another example of “public servants” feeding at the public trough. From 1980 to 2013 fire runs have declined from 3Million to 1.24 million. In a free market, as demand for a service decreases the supply of that service shrinks also. In the public sector the opposite seems to happen. Government public servants want to protect or increase their skimming operation at the taxpayers expense. Excerpt from the article: “Don’t let these facts get in the way of the romantic view of firefighting perpetuated by popular culture. No organization loves the fantasy version of firefighting better than the public unions that lobby constantly for more lucrative salaries and benefits for firefighters.”

Wind Turbines Are Neither Clean Nor Green And They Provide Zero Global Energy, by Matt Ridley, at spectator.co.uk. Can the taxpayer subsidized experiment of green energy finally be coming to an end? All the money, resources, time, labor and capital that has been wasted on green energy, could have been used for more productive activities. Government “investment” is an oxymoron, because ‘bureaucrats’ aren’t “investing” their own money.  Wasted resources are kept to a minimum in the private sector because businesses suffer losses. But in the public sector waste continues for longer periods of time because of the seeming unlimited supply of taxpayer money.

The reality about green energy is only optional for a little while. Read these articles. Wind Power: Michigan Voters In Three Counties Reject or Restrict It, at nationalreview.com. Oklahoma Ends Wind Tax Subsidy, at instituteforenergyresearch.org. Europe Has Little Output To Show For Its Wind And Solar Investments, at instituteforenergyresearch.org.

More Solar Jobs Is A Curse, Not A Blessing, at cfact.org. More workers employed in an industry that produces higher cost energy is a bad thing. It has taken longer for economic principles to correct for these non productive uses of resources, time, labor and capital. The tax payer money that government has invested in these non productive activities has distorted the market. The inevitable correction is happening. Fortunately economic laws always win.

The Other Shoe Drops: Prime Auto Loan Losses Surge As Recoveries Tumble, at zerohedge.com. Instead of decreasing supply to match decreasing demand, the auto industry brought future demand into the present by pushing subprime loans and low payment leases. We are going to see an over-supply of used cars because the  leases have ended and also because of subprime loan defaults. There is no present demand to support the over production because demand was borrowed from the future to keep the car manufacturing plants operating in the present.

CARTOONS

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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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