Posted tagged ‘Venezuela Price Controls’

Must Reads For The Week 9/23/17

September 24, 2017

The Obamacare “Death Spiral”: Health Plans Now Cost Employers More Than A New Car, at zerohedge.com. The results of the Affordable Care Act aka Obamacare are obvious. Nothing has been made affordable (whatever your definition of affordable is). This was predicted by people who were against the government take over of healthcare. You would logically think that it would be easy to get rid of the policy that caused the problem. But Obamacare was an increase in the power of government. And once government increases its power it is almost impossible to make them give it up. That is why the Republicans are only talking about fake repeal right now. They want to pass a bill that can be spun as keeping their promise to repeal Obamacare, even though it doesn’t.

GOP Leaders Are Trying To Bribe An Alaska Senator To Repeal Obamacare – By Letting Her State Keep Obamacare, at reason.com. This is evidence of what I talked about concerning the above article. No other comment is needed.

Pension Storm Coming: “This Will Become One Of The Most Heated Battles Of My Lifetime”, at zerohedge.com. What happens when there is not enough in the funds to pay the increasing number of retirees on public pension plans? At some point someone is going to have to give something up. Unfortunately it is usually the tax payer. Which is really starting to get old.

Illinois Unpaid Vendor Backlog Hits A New Record At Over $16 Billion, at zerohedge.com. Here is another example of what happens when year after year Government spends far above what it takes in taxes. Who is going to pay for this? You and me! Until we don’t produce enough to pay for it anymore and then these States will have to go bankrupt.

Price controls Lead To Predictable Shortages, at reason.com. Socialist policies can’t stop the laws of economics. In fact economic laws eventually reveal the folly of socialist policies. Venezuela is a disaster and it isn’t getting the media coverage it deserves. I wonder why?

Electrical Workers In Fl. Are Paid 2-3X The Normal Hourly Wage And Regarded As Heroes. But Aren’t They Price Gougers? at carpediemblog. Great question. Why aren’t these workers called price gougers? By ‘political’ definition they are price gouging. If government wouldn’t have allowed them to raise the price of their labor, would they have gone down there to ‘help’?

The Much-Deserved End Of Obama’s Operation Choke Point, at freedomandprosperity.org. This is the kind of government abuse of power that most people don’t know about. Good riddance. If you haven’t heard of Operation Choke Point, check out the article.

Climate Models Run Too Hot: Settled Science Again, at reason.com. Global warming is based on ‘scientific’ models. What do you do when the models don’t match reality? Well that depends on if you’re conducting your scientific modeling because of politics or if it is a real scientific discovery process. Remember two things. Science is never settled and everything is political.

Bay Area Sues Big Oil For Billions, at zerohedge.com. San Fran and Oakland are suing oil companies for their effect on climate change. When I told my brother about this article, he asked; Can everyone who uses products made with oil also be sued? People use these products with full knowledge of what global warming scientists are saying. Even the people suing the oil companies have to use products made from oil just to survive everyday.

Study: Seattle Minimum Wage Increase Led To More Restaurant Hygiene Violations, at freebeacon.com. Here is another unintended consequence of government intervention.

San Diego Begins Bleaching Streets To Contain Outbreak Of Hepatitis A, at zerohedge.com. People take the flush toilet and indoor plumbing for granted. Fecal matter contains disease. The flush toilet takes fecal matter far away from people. The flush toilet saves lives.

 

CARTOONS

From the burningplatform.com

Political Cartoons by Glenn McCoy

Political Cartoons by Tom Stiglich

 

 

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Must Reads For The Week 9/17/16

September 17, 2016

Clinton And Trump (Clump?) vs. Tax Payers And Free Enterprise, by Dan Mitchell, at freedomandprosperity.org. Big Government wins no matter who wins the election. Your choice is between Bud and Bud Lite.

Racial Issues, by Thomas Sowell, at jewishworldreview.com. Thomas Sowell asks, do black lives matter when it comes to education.

State Dept. Gave Millions To Foundation Led By John Kerry’s Daughter, Bre Payton, thefederalist.com. This is another example of the politically connected getting access to tax payers money laundered through the government. Didn’t John Kerry park his Yacht in Rhode Island so he didn’t have to pay Massachusetts taxes?

Markets In Everything: Exotic Car Registration In Montana, by Mark J. Perry, at carpediemblog. I love it when people figure out ways to get around the edicts of Government.

Colorado’s Anti-Fracking Crack-Up, at michellemalkin.com. Two anti-fracking initiatives don’t get enough signatures to get on the ballot in  Colorado. People are starting to understand that fracking is good.

Americas’ Trust In  Mass Media Plunges To Record Low, at zerohedge.com. Is anyone shocked by this? The number will plunge more as they continue to drive the getaway car for Hillary.

The Heroic Central Banker Who Has Rejected Keynesianism, at economicpolicyjournal.com. If you have to have a central bank, Russia’s Central Banker Elvira Nabiullina is who you want to be in charge. Excerpt from the article: “Nabiullina told a banking conference in the Black Sea resort city of Sochi today. Keeping real interest rates stable in positive territory is an “important condition for healthy economic growth,” she said. The main drivers of growth should be “fixed investment, structural changes in the economy and efficiency increases,” Mabiullina said. “It’s necessary to safeguard household deposits against inflationary depreciation to support a high level of savings and to create the conditions to transform them into investment.”  There is no central banker in the world who talks like this. Why can’t we trade Janet Yellen for Elvira?

Prices controls Work No Better In America Than In Venezuela, by Andrew Quinlan, at freedonandprosperity.org. Price controls don’t work. Anyone who lived through Nixon’s price controls understands this.

Harvard Crushes The “Obama Recovery” Farce With Nine Simple Charts, zerohedge.com. Even Harvard knows the Obama recovery is a media creation that has no basis in reality.

Where’s The Demand? Oil Prices Drop Again, by Ryan McMaken, at mises.org. As the price of oil drops you would think that the demand would increase at the lower price. But that is not the case. Does this show how weak our economy actually is? I try to answer this question in this article titled, Gasoline Consumption Is Down, Why?

The Fed Plans For The Next Crisis, by Ron Paul, at mises.org. The Fed is on a quixotic adventure that they can’t win.

 

THIS CARTOON IS THE ELECTION IN A NUT SHELL

Political Cartoons by Steve Kelley