Posted tagged ‘Police Over Reach’

Must Reads For The Week 11/15/14

November 15, 2014
 PipelineThe pen is mightier than the sword...

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

China’s Latest Ghost Town: A $50 Billion Fake Replica Of Manhattan, at If you build it they will come. Not really. Printing counterfeit money by China’s central bank has created a real estate bubble that can’t be supported by economic reality. When counterfeit money is created and pushed into and economy, it creates counterfeit economic activity. These counterfeit activities will eventually be liquidated. Scarce resources, land, and labor that could have been used in real economic activity is instead wasted on activities that was made possible by the central banks counterfeit money.

Venezuela Using Fingerprint Scanners To Ration Food Basics Including Milk, at Free market prices coordinate production and consumption. When prices are fixed by central planners in Government, information about supply and demand is distorted and shortages are the result. Prices ration scarce resources in a free market, and Government planners ration scarce resources in a centrally planned system. If you don’t know someone important in Government, expect to be hungry.

The Fed’s Paint By The Numbers Delusion About The Labor Market, by David Stockman, at Look at the charts in this article to see what is really happening in the labor market.

Reducing Capital gains Taxes Would Encourage Investment And Grow Canada’s Economy, at Rolling back Government intervention, no matter how small, will encourage economic activity. Governor Scott Walker didn’t roll back government very much in Wisconsin and the States economy improved. What would happen economically in the US if Government intervention was rolled back by just 5%?

Landrieu Pushes Keystone Vote In Bid To Boost Energy Industry, Runoff Chances, at If she truly wanted to boost the energy industry, Senator Landrieu would have been pushing this for the last 4 years. The only reason she is pushing this now is to save her political skin. I hate politics because staying in power is the over-riding incentive in every decision politicians make. Public servants, or self servants? You decide.

Africa: A Tragic Continent, by Walter E. Williams, at The answer to all of our problems in America is, in the words of Dr. Williams, ” a political system in which there are guarantees of private property rights, free markets,…and the rule of law.” Unfortunately, as Joseph Sobran said decades ago, “the constitution is no threat to our current form of Government.”

Legislators Block Low-Cost Eye Exams In Michigan, by Anne Schieber, at Either Government wants to make decisions for us because they 1) think they are smarter than us, or 2) they want to protect status quo businesses who disdain competition. Either way we loose. I saw this article at carpe diem blog.

Five Things That Used To Be Free, But Aren’t Anymore, at

Germany Wants Gender Equality For Traffic Lights, at, via cape diem blog. Political correctness out of control.

I Love Cell Phone Cameras, at The more police overstep their authority when dealing with the people they are supposed to “serve”, the more citizens will escalate their resistance to cops. The young men obviously have no respect for the police, and with good reason. The good will, that was accorded fireman and cops after 9/11, no longer exists. Who’s fault is it? The militarization of police forces started the escalation.


Must Reads For The Week 6/7/14

June 7, 2014
The pen is mightier than the sword...

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

Libertarian Candidate For Governor Arrested For Gathering Signatures, by Ben Swann, at Self interested government employees don’t like candidates who want to reduce the size of government. This is, “The Tyrany Of The Status Quo.

How Fracking Has Saved Obama, by Richard Rahn, at I saw this at Carpe Diem / As hard as they might try the administration can’t even kill the goose that’s laying the golden egg.

Lefty Logic Confusion On Taxes, at Leftists have no understanding of economic reality even when the consequences of their actions hits them square in the face. If ignorance is bliss this lady is the happiest person you will ever meet.

European Central Bank Institutes Negative Interest Rate, at What is the consequence of a negative interest rate on savings? If you said individuals will spend money not save it, go the head of the class. This is the Keynesian idea that spending drives the economy when in fact spending is consumption, and consumption is the destruction of what has been produced. Savings allows an economy to produce more. Interest rates coordinate production across time, and artificially setting interest rates disrupts the production process. Central Bank {especially The Feds} manipulation of interest rates and money printing has created this economic mess, it is not the cure for the mess.

Harvard Grad Chuck Schumer Fails History, Credits Jefferson For Bill of Rights, by Stephen Dinan, at This reminds me of this clip from the movie Animal House.

Seattle Pacific University Student Tackles And Restrains Gunman During School Shooting, by Annabelle Bamforth, at Watch the four-minute press conference and see why I hate politics. After Police Capt. Fowler reports the facts, the rest is self aggandizing  political nonsense. Jon Meis, the student who stopped the shooter, was responsible for the safety of his fellow students  than the mayor, the police chief, or the fire chief. They are just trying to look important after the fact.

Skateboarding On Water With Sea-Do! People can do some amazing things.

The Fed Won’t Let Our Economy Heal, by Frank Shostak, at I like how Frank Shostak explains abstract concepts. Here is an excerpt from the article, “Most commentators are of the view that the Fed’s massive monetary pumping of 2008 has prevented a major economic disaster. We suggest that the massive pumping has bought time for non-productive bubble activities, thereby weakening the economy as a whole…. To prevent future economic pain, what is required is the closure of all the loopholes for the creation of money out of “thin air.”