Posted tagged ‘Men and Womens Differences’

Must Reads For The Week 12/6/14

December 6, 2014
The pen is mightier than the sword...

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

Opinions vs. Facts, by Thomas Sowell, at jewishworldreview.com. Dr. Sowell lends us his common sense analysis, so we can better understand the Ferguson situation. The must read of the must reads.

Race Hustler Eric Holder Called Out, at economicnoise.com. Milwaukee County Wisconsin Sheriff, David Clarke, unloads on race hustlers like Sharpton and Holder.

Watch Obama Make The Case Against His Executive Order On Immigration.

The Worlds Biggest Chocolate-Maker Says We’re Running Out Of Chocolate, by Roberto Ferdman, at washingtonpost.com. I love chocolate so this article is important to me. Dry weather along with a fungal disease in West Africa has reduced global cocoa production by 30%. The demand for more cocoa is rising because of economic growth in China and more over all world demand for dark chocolate, {which contains 70% chocolate compared with 10% in regular chocolate bars). But don’t worry because the same economic forces of supply and demand that are bringing the price of oil and gas down, will eventually do the same thing for chocolate. As the price goes up individuals will produce {supply} more at the higher price, and individuals will consume {demand} less at these higher prices, eventually bringing the price down.

Forget High Minimum Wage Order Takers: Pizza Hut Will Just Read Your Mind Instead, at economicpolicyjournal.com. You can order based on what toppings your eyes look at the longest. We are at the beginning of big changes in the way we do everything. Individuals in Government won’t be able to keep up with, let alone try to regulate things that are about break through.

Your Barber May Be Closed But We’re Always Open, at shortcut.com. Shortcut is an on demand service that brings a barber to your house, work, or hotel room. It’s Uber for hair.

Vision For The Future: 1 Million Fewer Cars On The Road, by Kimiko, at uber.com. It’s Uber’s version of car pooling. When there are multiple trips that start and end at similar locations, or when there are riders along the route taken, they will take the same car and share the cost. Spontaneous activity in the market that will help ease traffic congestion in ways that the smartest central planners could never imagine.

The Flying Car Is (Almost) Here, by Josh Dean, at bloomberg.com. A step closer to “The Jetsons“.

Under Pressure From Uber, Taxi Medallion Prices Are Plummeting, at economicpolicyjournal.com. Once again the status quo monopoly is about to crack. Government regulations have artificially kept the prices for taxi medallions high for decades. Economic forces in the market always have a way of winning.

Jobs: Shale States vs. Non Shale States, at zerohedge.com. The President is trying to take credit for this, even though his administration has done everything in its power to shut down or limit oil production.

Uber Banned In Vegas, at economicpolicyjournal.com. Big taxi doesn’t like competition from the little guy, so they run to the Government for some help.

Here It Comes: Master Card Seeks “Level Playing Field” For Bitcoin Regulation, at economicpolicyjournal.com. Are we beginning to see a pattern: Status quo companies lobby their buddies in Government, in order to get rid of their upstart competitors. It is apparently less costly to do this, than compete in the market with these upstarts. The myth is, big business likes competition. In reality they liked competition when they were the up start competitors. They don’t like it as much once they get near the top.

The Difference Between Men And Women, thechive.com. I will make no comments about this post!

 

Must Reads For The Week 6/14/14

June 14, 2014
The pen is mightier than the sword...

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

 

Rehypothecation Evaporation Concerns Grow, As Copper Plunges Most In Three Months, at zerohedge.com. Rehypothecation is simply selling claims on a commodity, a good, a product, etc, above the amount that exists. If the owner of the Mona Lisa wants to store the painting in your art warehouse, you give him a receipt for the painting. This receipt is a claim on a particular painting by the owner, to be redeemed at any time. What if you make a counterfeit receipt and sell it. There are now two claims on the Mona Lisa. If you own a grain elevator, farmers will store their corn, measured in bushels, in your bins, and you give them a receipt for X amount of bushels to be redeemed at any time. You don’t have to give the farmer back the exact bushels of corn he brought in because bushels of corn are homogenous, unlike the Mona Lisa. What if you started selling counterfeit receipts for the corn? What if you have twice as many claims on bushels of corn as you have bushels of corn in your grain bins?  Your theft will remain hidden until such time that you don’t have enough corn to cover a receipt that is presented. The rehypothecation of copper, and the examples of the Mona Lisa and the bushels of corn, are examples of  how our Fractional Reserve Banking System works. Banks can loan out 10 times the amount of money they hold in reserve. If they have $1million in reserve, they can loan out $10 million. Money never exchanges hands, it is transferred electronically when a check {warehouse receipt} is presented. Its a sweet deal for the banks because they get to collect interest on the electronically printed counterfeit money {warehouse receipts}. Unfortunately this counterfeit money has been released in the market and is causing the unintended consequences of misallocating scarce resources and inflation. Read  more about this topic in my article here.

Texas Mom Outraged Because Her Daughters School Won’t Allow Sunscreen, by Rebecca Klein, at huffingtonpost.com. I love it when the rules central planners make come into conflict with each other. In this case officials at the district banned sunscreen because it is a toxic substance. But what about the central planners who have regulated tanning bed use by minors because of the possible danger of skin cancer. Central planners are all or nothing rule makers. They don’t understand that life consists of tradeoffs. But more importantly they don’t understand that decisions concerning these kinds of trade offs should be made by each individual or in this case the parent.  In this case the individual has to trade off one danger, the risk of the toxicity of the sunscreen against the risk of getting skin cancer. As I have learned from reading Thomas Sowell, their are no categorical solutions, just incremental trade offs. Central planners don’t understand that the more incremental decisions they take away from individuals, and make them categorical decisions for everybody, {except for themselves} the more strife they create between us and them.

LET’S LOOK AT MINIMUM WAGE REALITY

1) A Report From The Bakken Oil Fields, Where The Jobless Rate Is 0.9% And WalMart Is Paying 2.4 Times The Minimum Wage, by Mark J. Perry, at aei-ideas.org. The Federal minimum wage rate is $7:25, as is North Dakotas minimum wage rate. Will the central planners, at the federal and state levels, mandate that the wages of these workers at the bottom of the wage scale be dropped to $7:25 an hour just to be “fair” to the other minimum wage workers in other states?  Or should the central planners pass a law that mandates a maximum level of the minimum wage? These planners apparently have more knowledge about what wages should be than the knowledge the market can bring to bear on wage rates. The market in North Dakota is obviously wrong for paying these low skilled workers over double what the mandated minimum wage is. Don’t these central planners exist to correct the inequalities produced in the market?

2) Seattle Business Charges “Living Wage” Tax In Response To $15 Minimum Wage Hike, by Jessica Chasmar, at washingtimes.com. Plans by central planners can’t work like the planners planned. Why? Because there is still enough of a free market remaining that businesses have options other than just paying the new minimum wage rate. They can raise prices like this company, they can replace labor with technology. they can replace low skilled low wage labor with more productive higher skilled higher wage labor, or they can look to cut costs elsewhere in the production process. If raising the minimum wage for low skilled labor would increase production and profit, businesses would already be paying a higher wage, just like what is happening in North Dakota because of the oil boom.

NOW LETS HAVE SOME LAUGHS

12 Things Men Do Differently Than Women, at economicpolicyjournal.com.

Pee Wee Obama, at theburningplatform.com. I’ve been trying hard not to do this, but I can’t help myself.

Compare this video of President Working Out In Polish Gym, to this, Olivia Newton John, Physical video.

I saw these cartoons at theburningplatform.com.

WHEN THESE POWER PLANTS CLOSE, WHERE WILL THE ELECTRICITY COME FROM?

149321 600 Rates Skyrocket cartoons

 COAL POWERED CARS, I PADS, AND I PHONES

149426 600 Coal Industry cartoons

SOCIALIZED MEDICINE BY ANY OTHER  NAME…..

149459 600 Making Obamacare Look Good cartoons