Posted tagged ‘Interest Rates Creeping Upward’

Must Reads For The Week 9/7/13

September 7, 2013
The pen is mightier than the sword...

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

Watched Cops Are Polite Cops, by Ronald Bailey, at reason.com. Knowing you are being watched usually constrains the devil in us.

The Three Types Of Austerity, by Frank Hollenbeck, at mises.org. Economic growth can only come from the private sector. The public sector, Government, consumes what the private sector produces.

Matt Drudge Breaks With Republicans, Joins Libertarians, at economicpolicyjournal.com. Drudge says that “there is no real difference between Democrats and Republicans, the only two real political parties are Authoritarians and Libertarians.”  This is the reality on the ground, but many people are still caught up in the D vs. R magic show.

California Family Raisin Farmers Protest Against Government Confiscation Of His Crops, by Mark J. Perry, at aei-ideas.org. The Raisin Administrative Committee fined raisin farmer Laura Horne $650,000 for not handing over any of their grapes to the Government over the last 10 years. Talk about being a serf on a feudal farm.

10- Year Treasury Yield Hits 3%, at economicpolicyjournal.com. Interest rates are creeping up. The Fed is in a heads you win tails we lose situation.

Poland Confiscates Half Of Private Pension Funds To Cut Sovereign Debt Load, at economicpolicyjournal.com. This can’t happen here can it?

Labor Participation Rate Plunges To 1978 Levels, at zerohedge.com.  Fewer people working means less is produced. We are consuming more than we are producing, which leads to a declining standard of living.

Poll: Majority Of Americans Approve Of Sending Congress To Syria, at theonion.com. I agree when the article says, “we have to do this sooner rather than later, this war isn’t going to last forever.

EPA Deploys SWATT To Check For Clean Water Violation, at alaskadispatch.com. This raid may have been a case of overkill, literally. Escalating amounts of force by police, may inevitably bring about responding in kind by citizens.