Posted tagged ‘Healthy Hunger Free Kids Act’

Must Reads For The Week 4/1/17

April 1, 2017

Trump Threatens To Fight Freedom Caucus In 2018, Freedom Caucus Isn’t Intimidated, theblaze.com. Trump blames the freedom caucus for the defeat of the “Repeal and Replace” bill. He doesn’t understand the members of the freedom caucus are for getting government out of our lives. They understand government central planning can’t work if the goal is to lower healthcare prices. Government central planning transfers power from the individual to politicians and bureaucrats. These guys won’t be intimidated. Most of them had to fight the Republican establishment to win their seats in congress. People are mistaken if they think the Republican establishment wants to shrink the power of government.

Obamacare Explosion Could Happen On May 22nd, Here’s Why, at zerohedge.com. The Republicans won a law suit to stop tax funded healthcare subsidies in 2014.The Obama administration filed an appeal. The Trump administration has to decide whether to continue the appeal. If they decide to stop the appeal it will raise healthcare premiums because the subsidies will disappear. This is a good thing because it will allow economic reality to run its course.

Schools Ready To To Ditch Michelle Obama’s Awful Er’ Healthy Lunches, at tammybruce.com. I hope we keep getting rid of government regulations forced on us by central planning busybodies. Healthy, Hunger-Free Kids Act Doesn’t Work As Planners Planned.

Your Pension Will Be At The Center Of America’s Next Financial Crisis, at zerohedge.com. Government and union pension plans are underfunded. They will not be able to fulfill the promises they made.

Six Graphs That Reveal Big Problems For Student and Auto Loans, by Jonathan Newman, at mises.org. People are over leveraged. They aren’t going to be able to pay back their loan obligations. Easy credit doesn’t stimulate the economy. It creates debt serfs. It misallocates scarce resources to areas of production that can’t be sustained. It allows the financial system to skim wealth from the middle class.

The Problem With Paid Parental Leave, Xiong Yue, at mises.org. What will happen when the cost of employing a worker doesn’t cover what they produce? The labor will go away. Just like minimum wage increases. Central planners create unintended consequences.

Trump Thinks Your Car’s Gas Mileage Is….Your Business, at zerohedge.com. EPA standards for gas mileage are going to decrease under Trump. Central planners shouldn’t make these decisions. Allow consumers and producers to make these decisions.

The Real Reason Leftwing Groups Are Freaked Out By Trumps EPA Pick, at theresurgent.com. Environmental groups have been receiving money from corporations who have been strong armed by the EPA. The EPA fines Corporations for EPA violations. The EPA tells these corporations if they ‘donate’ a lesser amount to environmental groups, they will not have to pay the full amount of the fine. Government agencies aren’t political are they?

House Committee Passed Bill To ‘Audit The Fed’, at zerohedge.com. This won’t get enough support to be passed. But we need to keep putting it out there so people might get educated on the Fed.

How The Left Learned To Love States’ Rights, by Andrew Syrios, at mises.org. Finally the left agrees that the federal government has too much power. Blue State California Actually Agrees With Red State Texas: The Federal Government Has Too Much Power!

CARTOONS from theburningplatform.com. More here.

Must Reads For The Week 8/9/14

August 9, 2014
The pen is mightier than the sword...

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

Federal Bake Sale Ban Set To Hit Schools This Fall, by Barry Donegan, at benswann.com. Someone must have slipped some fine print into The Healthy Hungry Free Kids Act (read here) of 2010 that added bake sales to the list of “foods sold on school grounds” that must meet “strict nutritional requirements”. This act was Michelle Obama’s baby, but in the “do as I say not as I do” world  that tyrants live in, she sang a different tune at a White House event this week (read here). She said she told her children, “….to use Instagram to take a picture of something really important rather than their food…I mean, No one really cares what you had for lunch“.  So let me see if I have this correct: No one cares about what you buy at a bake sale, except food Nazis.

FBI To Hire Contractor To Analyze Media Coverage Of The Agency, by Zach  McAuliffe, at benswann.com. In true tyrannical fashion, the FBI is warning reporters to be very careful about writing negative stories about the agency. Just like the IRS, the FBI can make the cost of writing a negative story very high. It”s a subtle threat, but a threat none the less.

Toledo Residence Should Be Complaining About Greedy Water-Hording Panic Buyers During The Cities Water Crisis, by Mark J. Perry, at aei-ideas.org. This is a great article that turns the tables on the conventional wisdom that always complains about “price gouging” during a temporary shortage caused by a crisis. Shouldn’t the greedy person that buys more than they need be the bad guy? If we would just shut up and let prices ration the goods that are in short supply, we wouldn’t demonstrate our ignorance about economic laws related to supply and demand.

Central Planners Fail To Herd Money Market Funds Into Over Priced Stocks, at zerohedge.com. Since the Fed has cut it’s QE money printing from $85 billion a month to $25 billion a month, the central planners have to figure out a way to make up the difference in order to keep the stock market bubble pumped up. They saw $2.5 Trillion sitting in Money Market funds and decided to to after it. The SEC changed the rules pertaining to these funds, creating an incentive to purchase stocks instead of keeping them parked in Money Market funds. They essentially raised the cost of parking. But like all central planners plans, people acted differently than planned. They purchased Treasury Bills instead of purchasing stocks. Central planners will never learn.

Gun Grabbing City Councilman vs. Concealed Carry Citizen, youtube. I wrote a post this week titled Anti vs. Pro-Gun Visions Of The World. The difference in these visions are on full display in this video of a city council meeting in Oak Harbor Washington.

GE Looking To Sell It’s Appliance Division, fool.com. The appliance division has had sluggish sales since the recession. Since GE is a crony capitalist entity, it wants to sell this division instead of compete in the market. It’s easier to have as many of their divisions as possible be subsidized by Government instead of having them compete in the market without Government subsidies . GE capital, aviation, healthcare, energy (wind turbins), feed off of our tax dollars.

Will Tea Partiers Sink Mitch McConnells Kentucky Senate Reelection Bid, at economicpolicyjournal.com. Mitch McConnells antics in his primary and his support of Thad Cochran in the Mississippi Senate Primary, have alienated conservatives, tea partiers, and libertarians. For many of these people this is the marginal straw that has broken the camels back when it comes to voting for him in the general election. He has upset the wrong people.

Is Thinking Obsolete, by Thomas Sowell, at jewishworldreview.com. I don’t have to say much about this article, just read and enjoy. Here is the money quote, In an age when scientists are creating artificial intelligence, too many to our educational institutions seem to be creating artificial stupidity.”

The Ethanol Industry: An Engine Of Economic Destruction, by Joseph Salerno, at bastiat.mises.blog.org. The ethanol industry is a misallocation of scarce resources into an activity that wouldn’t exist if it wasn’t mandated by Government regulation and subsidized by tax dollars. This is a combination of environmental regulations going too far, and agribusiness seeing a pile of Government money that is there for the taking. What could have been produced with all of this wasted land, labor, resources, and capital?

 

 

Must Reads For The Week 5/24/14

May 24, 2014
The pen is mightier than the sword...

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

Net Worth Of College Grads With Student Debt Is 20% Less Than High School Grads With No Debt, at zerohedge.com. We’ve been told that a college education is an investment in the student’s future. In reality a college education is simply a redistribution of a graduates present and future labor to the federal government who gave them the loan, and the college who received the loaned money. It’s similar to what happened in the housing bubble. But in this case, the university gets the immediate payment, and the Government gets a steady payment of interest, and principle which was probably electronically printed counterfeit money. Read, Young People Get Hooked Into Huge Debt When They Take The Student Loan Bait, and also, Follow Up To Student Debt Post.

Obama Administration Using Scare Tactics To Discourage Government Whistleblowers, at economicpolicyjournal.com. The most “transparent administration” doesn’t want the whistleblower to show what is behind the curtain. Politicians and bureaucrats want to be able to see everything we do, and hide everything they do, unless of course it can be used for political gain.

Mark Cuban: “I’m Bigoted In A Lot Of Different Ways, at economicpolicyjournal.com. You discriminate against everyone else when you choose certain people to be your friends. You discriminate when you choose which person to marry, which plumber to use, which players to keep on your basketball team, which restaurant gets your money. All of us discriminate daily.

Michelle’s: “Eat What I Tell You” Program Is Crashing, at economidpolicyjournal.com. Excerpt from the article, “Local nutrition directors are demanding more flexibility and freedom. Look no further than school districts in Los Angeles and Chicago.” If local directors want more freedom to make decisions, that must mean that The Health Hunger Free Kids Act took away these freedoms when it was passed. Every Government rule takes away individual freedom. In this case it’s the freedom to choose what you want to eat, and the freedom to provide what people want to consume.

Jaguar Attacks Crocodile, this video is unbelievable.

Super Cell Time Lapse 5/18/14  Wright to New Castle, WY. at Basehunters Chasing. Truly amazing video of a super cell forming and dissipating.

The Next Obamacare Scandal: A Taxpayer – Funded Bailout Of Insurers, at zerohedge.com. Now we know why insurance companies were for Obamacare. They were going to be the next, “too big to fail industry”, that would be bailed out by the tax payer. So let me get this straight, our insurance premiums go up, and we also have to pay for the insurance company’s potential bailout. The Affordable Care Act isn’t really affordable for us.

Housing More Unsound Now Than During The Last Bubble, at zerohedge.com. The Fed has been buying mortgage backed securities for some time now. They are taking bad paper off the market and hiding on their balance sheet. This has cleared the way for another round of bad mortgages to be created. The Fed is a one trick pony and that trick is electronically printing counterfeit money. Read Housing Recovery, Or Just Another Bubble.

Why Central Bank Stimulus Cannot Stimulate An Economic Recovery, by Patrick Barron, at patrickbarronblogspot.com. This is a really good article and will be our heavy lifting for the week. Here are excerpts  from the article, “…Keynes tried to prove that production followed demand and not the other way around……. Keynesian aggregate demand theory is nothing more than a justification for counterfeiting. It is a theory of capital consumption and ignores the irrefutable fact that production is required prior to consumption….The consequence of this violation of Say’s Law is capital malinvestment, the opposite of the central bank’s goal of economic stimulus. Central bank economists make the crucial error of confusing GDP spending frenzy with sustainable economic activity. They are measuring capital consumption, not production.” 

I saw these two pictures at libertariangirl facebook.

Photo

 

Hal Redden's photo.