Posted tagged ‘Elon Musk Corporate Welfare Queen’

Must Reads For The Week 12/15/18

December 17, 2018

Egypt Restricts The Sale Of Yellow Vests Suspecting That Egyptians Might Copy The French, at egyptianstreets.com.  This could be a satirical headline. But it’s true. These geniuses can’t possibly believe that the vests are causing the protests, can they? Just remember these are the same people who think guns cause murder.

Shocking Data Show 40% Of American College Students Never Graduate, at zerohedge.com. 80% of those who don’t finish college have student loan debt. Why do we push college on individuals who have no business going in the first place. College is a racket. All it does is create debt serfs.

Elon Musk’s Taxpayer-Funded Gravy Train, by Allan C. Brownfeld, at mises.org. Elon Musk is a multi million dollar welfare recipient. His businesses wouldn’t survive unless they were subsidized by taxpayer dollars.

House Passes $867 Billion Farm Bill Which Rejects Curbs On Food Stamps, at zerohedge.com. I’m surprised Elon Musk hasn’t figured out a way to get his hands on some of this money. The Government is confiscating the production of some people and redistributing it to others people who haven’t earned it. What is sad is that the supposed party of small government (Republicans) voted for this big government bill.

McKenzie Adams, Alabama 9-Year-Old Who Hung Herself, Faced Racist Bullying, Her Family Says, by Issac Stanley-Becker, at washingtonpost.com. This story is an example of the main stream media shaping the news by what they don’t report. I read the first page of articles of this stories google search. Not one article mentioned that the bullies were black kids. If you read the headlines you would think white kids bullied her. Ask yourself this, if it was white kids doing the bullying, would it have been front page news.

How Government Bureaucrats And The New York Times Are Misleading The Public About Climate Change, by Robert P. Murphy, at mises.org. The government and the media are teaming up to feed us propaganda about global warming.

We Need Unilateral Free Trade With Post-Brexit Britain, by Ryan McMaken, at mises.org. The EU and pro EU bureaucrats in Great Britain are trying to over turn the vote of the British people who decided to get out of the EU. Bureaucrats say they can’t come up with a Brexit deal they can agree on. Why do you need a new “deal” to get out of the old deal. How about you just state that the EU rules no longer apply. That’s one sentence. These bureaucrats are fighting the Brexit straw man they created in order to run out the clock and force another Brexit vote in the hope it turns out different this time.

“Peak TV”: Streaming Originals Overtake Basic Cable, at zerohedge.com. This is an example of the creative destruction of the market. Streaming came into the market and has provided a lower price product that individuals like.

What Is Economic Growth? (And What Is It Not?), by Per Bylund, at mises.org. Increasing productivity is economic growth. In other words producing more output with less imput. Here is an except from the article: “….increased productivity really increases the purchasing power of all money, including (and most importantly) low wages, thus making it much more ‘affordable’ to satisfy one’s needs and wants. But note that the distribution of such prosperity cannot be equal or instantaneous: any new innovation, new good, new service, etc will be created somewhere, by someone– it cannot be created for seven billion plus people instantaneously. So anything new, including new jobs and new productive abilities, has to spread–as ripples–across the economy.

The Myth Of The Neutral Interest Rate, by Frank Shostak, at mises.org. It is impossible for Federal Reserve policy makers to know what the neutral interest rate should be at any particular time. Excerpt from the article: “Now, even if the Fed were to know the level of the neutral rate it could not achieve economic stability. The reason being that the Fed would have to pursue active monetary policies to maintain the neutral rate target”

“This act however, will lead to boom-bust cycles and economic instability. Hence, there cannot be such thing as the neutral interest rate policy, which will result in economic and price stability.”

“Rather than targeting the money market interest rate towards the unknown neutral rate by means of monetary tampering, which leads to more instability, a better alternative is to leave the economy alone, In a free market economy without a central bane, no one would be conducting any kind of monetary policies.”

“In the absence of central bank monetary policies, which enrich some individuals at the expense of other individuals, interest rates that emerge will be truly neutral.”

“In a free market, no one then would be required to establish whether the interest rate is above or below some kind of imaginary equilibrium.”

 

THE BREAK DOWN OF THE RULE OF LAW

DEEP STATE INSIDERS ABUSES OF POWER

Google CEO Exposes Shocking “Full Extent” Of Russian Meddling In 2016, at zerohedge.com. There is very little Russian meddling compared to how much is portrayed by the main stream media.

Despite Comey’s Struggle With Amnesia, Ex-FBI Director Confirms Dossier Totally Unverified, at zerohedge.com. “I Don’t Recall.” This is the phrase that will get you out of a perjury trap. I learned this from the Clintons back in the day. Comey and all insiders know the importance of this phrase. They use it all the time when being questioned. But let me give you better advice. Don’t talk to law enforcement. Assert your fifth amendment rights.

Judge Overseeing Michael Flynn’s Sentencing Just Dropped A Bombshell, by Margot Cleveland, at thefederalist.com. They set a perjury trap for Flynn. He pleaded guilty to a crime he didn’t commit because he didn’t have the resources to fight an all-powerful government.

Former FBI SSA Exposes McCabe & Mueller’s “Unethical, Target & Destroy Coercion” Tactics, Defends Flynn, at zerohedge.com. If you are ever questioned by law enforcement always remember this little fact before you decide to talk or not talk. They can lie to you, but if you lie to them you can be charged with perjury.

DOJ Destroyed Missing Strzok/Page Texts Before IG Reviewed Them, by Bre Payton, at thefederalist.org.  –  Also –  Mueller Destroyed Messages From Peter Strzok’s iPhone, OIG Recovers 19.000 New “FBI Lovebird” Tests, at zerohedge.com. Hillary did this and got away with it. She destroyed Emails after they were subpoenaed. You or I could never get away with this. Only Insiders can get away with this.

 

SATIRICAL HEADLINES

Clintons Outnumber Crowd At Latest Speaking Engagement, at babylonbee.com.

Ninth Circuit Court Rules Border Wall Must Be ‘Short’ Enough That A Pregnant Woman Carrying A Child In Each Arm Could Be Expected To Scale It Without Difficulty’, at babylonbee.com.

Steph Curry Questions Whetherr Michael Jordan Actually Went To Space To Help Bugs Bunny Win A Basketball Game, at babylonbee.com.

Hollywood Working ON Official List Of Comedians It’s OK To Laugh At, at babylonbee.com.

Heisman Winner Proves If You Work Hard And Believe In Yourself, You Can Gave Journalists Try To Ruin Your Life By Combing Through Your Old Tweets, at babylonbee.com.

CNN Opens Up 24-Hour Anonymous Tip Line For Anyone With Synonyms For ‘Meller Closing In’, at theonion.com.

 

CARTOONS

from theburningplatform.com

Political Cartoons by Steve Kelley

Political Cartoons by Henry Payne

Political Cartoons by AL Goodwyn

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Must Reads For The Week 5/13/17

May 13, 2017

Why Tesla’s Solar Roof Is Just Another Giant Taxpayer Gift To Elon Musk, at zerohedge.com. Elon Musk is skilled at getting his hands on taxpayer money. He is nothing more than a welfare recipient. If a business isn’t profitable without taxpayer money, it shouldn’t exist. Taxpayer money shouldn’t be given to any businesses.

The Minimum Wage Eats Restaurants, at econoicpolicyjournal.com. As the minimum wage rises via government decree. Restaurants close. If these restaurant owners were as talented as Elon Musk, they would get taxpayer dollars from government to pay for the mandated minimum wage increase.

How Fed-Enabled Zombie Companies Crush Productivity Growth, at zerohedge.com. Excerpt from the article: “When lagging firms don’t go bust, they hog scarce resources and drag down productivity…..The survival of weak companies drags down average productivity, but the consequences for growth are even worse. Since such firms take up scarce resources, their prolonged survival (or their delayed restructuring) inflates wages relative to productivity, depresses market prices and undermines investment – all of which deters the expansion of productive companies, particularly startups, and amplifies the mismatch of skills.”

On The AFL-CIO’s Inflated 341-to-1 CEO-To-Worker Pay Ratio, And The Statistical Legerdemain Used To Produce It, by Mark J. Perry, at carpediemblog. When ‘fake stats’ are never analyzed they produce ‘fake news’. The media accepts ‘fake stats’ as long as they fit the media’s vision of the world.

How Capitalism is Setting Washerwomen Free, at fee.org. Excerpt from the article: “Has anything changed the world more than the internet? …….one invention – an engine of liberation – has had a far more powerful effect on daily lives. He means the washing machine…….the greatest invention of the industrial revolution. It freed women from the chore of laundry – or at least from spending one full day a week every week doing it.”

Would You Lease – To -Own A Pair Of Sneakers, by George Pickering, at mises.org. Excerpt from the article: “Unlikely as it is that debt-financed Air Jordans will touch off the next worldwide recession, they nevertheless offer a microcosm of the forces currently forming unsustainable bubbles in an increasing number of markets throughout the economy.”

Trade Ignorance and Demagoguery, by Walter E. Williams, at jewishworldreview.com. I wish Trump would sit down with Dr. Williams for a day and learn something about economics.

California, Illinois, and New York Keep Losing People to Other States, by Ryan McMaken, at mises.org. People are voting with their feet. High taxes, increasing regulations and the high cost of living are incentives that force people to escape to greener pastures.

The Most Dangerous Book On Economics Ever Written For Kids, at economicpolicyjournal.com. The left is propagandizing children into believing capitalism is bad and communism is good.

Hero’ Stopped Mass Murder By Crazed Bar Patron Who Was Armed To The Teeth, Police Say, at dallasnews.com. Gunman who killed sports bar manager is shot by concealed carry holder. Good guy with a gun stops a bad guy with gun.

Senate Hearing Summary: Everything you Thought You  Knew About Russia/Comey Just Got Destroyed, at zerohedge.com. Does anyone outside of the Washington establishment really think this is important? This is the political game of who can make the other side look bad. The people inside the beltway don’t understand how much people outside the beltway are sickened by the political game. We don’t want to play this game or watch this game played anymore.

CARTOON

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Must Reads For The Week 7/16/16

July 16, 2016

Marine’s Attorney: If Hillary Clinton Wasn’t Prosecuted, This Officer Shouldn’t Be Discharged, by Jeff Schogol, at marinecorpstimes.com. This officer tried to warn fellow soldiers about a potential threat by sending them classified information over his personal email account. The bottom line is if Hillary Clinton wasn’t prosecuted, neither should this officer.

Martin Armstrong: James Comey Had No Problem Keeping Me In Prison Without Any Charges, at zerohedge.com. Remember what I said early in the week: The laws don’t apply to the ruling Aristocracy.

Peak FBI Corruption? Meet Bryan Nishimura Found Guilty Of “Removal and Retention” Of Classified Material, at zerohedge.com. Hillary got a mulligan, Bryan Nishimura had to play it as it lies.

FBI Agents Were Told To Sign A Very Very Unusual NDA In Hillary EMail Case, at zerohedge.com. The Queen must be protected. Politics trumps the law.

No, Obama, It’s Not Easier For A Teenager To Buy A Glock Than A Book, by Sean Davis, at thefederalist.com. It is hard to believe a politician would lie fudge the truth just to advance his agenda.

We’re Witnessing A Complete Breakdown In Western Values, at theburningplatform.com.  Excerpt from the article: “The West adopted core values, like the sacrosanct protection of private property; the ability for an individual to work hard and build wealth; and spirited intellectual debate. This is how western civilization became the most prosperous that history has ever seen. Now people know they’re getting screwed. and they are.  They just don’t know why. They have no idea how central bankers who conjure money out of thin air have rigged the entire economy against them. So they blame “capitalism” and naturally embrace its opposite socialism.

Get A Warrant: Federal Judge Throws Out Stingray evidence In Drug Case, at rt.com. This judge should be applauded for ruling in favor of our fourth amendment rights. We need to remain vigilant because you know the left will appeal this, and shop for a judge who is an enemy of the constitution.

Too Many Laws: Why Police Encounters Escalate, by Ryan McMaken, at mises.org. If our politicians wouldn’t pass so many petty laws, the police, and citizens, wouldn’t cross paths as much.

Elon Musk Is The Face Of This Bubbling Stock Market, at zerohedge.com. Musk is building his empire with government (tax payer) subsidies.

Why Helicopter Money Won’t Push Stocks Higher, by Charles Hugh Smith, at oftwominds.com. If production. increases wealth, consumption destroys it. By creating money out of thin air, money that does not represent corresponding production, you promote consumption. You destroy wealth. Consuming more than you produce can only go on for so long.

The Market Is True Democracy, by Matthew McCaffery, at mises.org. Quote from Ludwig von Mises: “It would be more correct to say that a democratic constitution is a scheme to assign to the citizens in the conduct of government the same supremacy the market economy gives them in their capacity as consumers. However, the comparison is imperfect. In the political democracy only the votes cast for the majority candidate or the majority plan are effective in shaping the course of affairs. The votes polled by the minority do not directly influence politics. But on the market no vote is cast in vain. Every penny spent has the power to work upon the production processes.

Technology Is Amazing. Meet Farmbot.

 

Some Cartoons from the burningplatform.com.

Political Cartoons by Chip Bok

Political Cartoons by Glenn McCoy