The Three Industries That Love The TPP: Hollywood, Big Pharma & Wall St.
TechdirtNov 10
Tons of people seem (quite rightly) concerned about the Trans Pacific Partnership (TPP) agreement. As we pointed out last week after the final text was finally, released, the agreement has a lot of really big problems. But if you want to understand just how bad the agreement is, perhaps you should just look at the industries that like it. Vox notes that ... (more)

FDNY Insider: Black Female Firefighter Allowed to Graduate Academy Despite Failing Strength and Running Tests
The Daily CallerNov 10

The Relative Value of $100 in Each State
Tax FoundationNov 10
An interesting take for those seeking greener pastures. - Chris

Sexist Markets - 77 Cents On The Dollar?
Austrian MarketsNov 09

Do women make 77 cents on the dollar? Should there be a law to fix it? Do you hate women? Remember, Men working = Wage Slavery - Women Working = Liberation

... (more)

Houston Defeats Bathroom Ordinance
Mike HolmesNov 06

Labor Force Participation Remains At 38-Year Low; 94,513,000 Not in Labor Force; Unemployment Ticks Down to 5.0%
CNS NewsNov 06

Former Reagan Administration Official Warns That Financial Disaster Is Dead Ahead
The Economic CollapseNov 05
Why won't the American people listen to the warnings?  David Stockman was a member of the U.S. House of Representatives from 1977 to 1981, and he served as the Director of the Office of Management and Budget under President Ronald Reagan from 1981 to 1985.  These days, he is running a website called "Contra Corner" which I highly recommend that you check out.  Stockman believes that a global "debt super-cycle" that has been building for decades is now bursting, and he is convinced that t... (more)

QE's Creeping Communism
Peter SchiffNov 04
Most economists and investors readily acknowledge that the current period of central bank activism, characterized by extended bouts of quantitative easing and zero percent interest rates, is a newly-blazed trail in economic history. And while these policies strike some as counterintuitive, open-ended, and unimaginably expensive, most express comfort that our extremely educated, data-dependent, central bankers have a pretty good idea as to where the trail is going and how to keep the wagons toget... (more)

Peter Schiff on Fox Business: Cost of Government Is Not What It Taxes, But What It Spends
YouTubeNov 04

Poverty Does Not Cause Obesity
Mises InstituteNov 04

Go Ahead, Have a Lasik!
Cato @ LibertyNov 03
This morning, I saw a TV ad for Lasik eye surgery and that got me wondering, “What’s happened to the price of Lasik since I had my procedure 10 years ago?” We hear a lot about the rising cost of healthcare. (By the way, how is that Obamacare working out for you?) But, what about medical procedures that patients pay for themselves? And so I called the ophthalmologist who performed my Lasik operation (with superb results, I might add) to find out the details.

Back in 2005, he char
... (more)

Why We Need Private Property to Deal With Scarce Resources
Mises InstituteNov 02
Scarcity of resources exists in many forms and is the problem in economics. If resources were not scarce, there would be no need to economize. The existence of scarcity is true of all resources (such as time, human energy, and natural resources). However, it is not necessarily intuitive that allowing scarce resources to be owned privately is the solution to this problem.

Consequently, socialism appears attractive to many and they turn to having all resources owned collectively for
... (more)

The Ghost Cities Finally Died: For China's Steel Industry "The Outlook Is The Worst Ever Amid Unprecedented Losses"
ZeroHedgeOct 30

Runaway Surveillance Blimp Deflates Raytheon’s Hopes to Sell More
The InterceptOct 30

The World Bank Threatens Free Markets in Peru
Mises InstituteOct 30

Ben Carson: "Get Rid of All Government Subsidies"
InformationLiberationOct 29

This was the most radical statement in the entirety of last night's republican debate, yet the media has completely ignored it.

Ben Carson said he was previously wrong on calling for subsidies for the oil industry to be shifted to ethanol producers, and said instead he now wants to get rid of ALL government subsidies, which would literally be
... (more)

Americans Renouncing US Citizenship Soars to Yet Another Record High
Simon BlackOct 28
1,426. That’s the number of Americans who renounced their US citizenship last quarter according to the US government’s report just released this morning.

That’s a record high for a single quarter, easily beating the last record high set earlier this year, which beat the previous record high set in 2013.

This is clearly a trend on the rise, and it certainly raises the question: why?

What is it about the United States that drives so many citizens to le
... (more)

The U.S. Government Is Spending 400,000 Dollars On a Single Helmet
The Economic CollapseOct 28
Would you pay $400,000 for a single helmet?  Of course you wouldn't – but that is precisely what the U.S. government is doing.  Just the helmet for the pilot of the new F-35 Lightning II is going to cost taxpayers nearly half a million dollars.  And since we are going to need 2,400 of those helmets, the total bill is going to end up approaching a ... (more)

Why Are Half Of All 25-Year-Olds Living With Their Parents? The Federal Reserve Answers
ZeroHedgeOct 28

Millennials: 70% Want To Be Debt Free, 66% Refuse To "Gamble" In The Stock Market
ZeroHedgeOct 28

The War On Cars Is a War On Workers and The Poor
Mises InstituteOct 28

Why Is The Rent Too Damn High? Because We Ignore The Real Problem
Cato @ LibertyOct 27
Rising home prices and apartment rents have been in the news lately, but almost no one is looking at the real causes behind these problems. Instead, they are proposing band-aid solutions that will do little to help most people afford housing but will greatly benefit special interest groups.

According to the news, Boston, Los Angeles, Miami, New York, Portland, San Francisco-Oakland, San Jose, Seattle, and Washington, DC, among other major u
... (more)

If Sweden and Germany Became US States, They Would Be Among The Poorest States
Mises InstituteOct 27

The Fed Can't Raise Rates, But Must Pretend It Will
Mises InstituteOct 26

Overstock Holds 3 Months Of Food, $10 Million In Gold For Employees In Preparation For The Next Collapse
Zero HedgeOct 26

What The Washington Post Gets Wrong About Free Markets
Cato @ LibertyOct 23
This morning, the Washington Post ran an article titled, "How free markets make us fatter, poorer and less happy." Actually, the data suggest the exact opposite: free markets make us healthier, richer and happier.

Free markets make us healthier

First, the authors argue that free markets result in an abundance of temptations, such as cand
... (more)

Desperate Financial Regulators Turn to... 100% Reserves
Mises InstituteOct 23
100 percent-reserve banking is being introduced through the backdoor by U.S. regulators who remain queasy about banks runs in a future crisis. Under rules instituted in September 2014 by the Fed and other financial regulators, banks are mandated to hold only high-grade liquid assets against risky large demand deposits in order to cover estimated deposit losses for 30 days. These so-calle... (more)

The Cascading Collapse of Obamacare's COOPs
The BeaconOct 23
One piece of Obamacare is already collapsing: The COOPs (cooperative insurers) that the federal government propped up with loans to compete in exchanges. Many are now closing down under pressure from state insurance departments, as they are threatened with insolvency because they charge premiums in the Obamacare exchanges that do not cover costs.

The administration is desperate to stave off the day of reckoning, going so far as to insist the federal loans be categorized as "assets
... (more)

Reflections On Venezuela's "Economic Miracle"
Mises InstituteOct 23
Back in 2013, Salon took a quick break from criticizing a caricature of libertarianism to let David Sirota write an embarrassing article praising socialism in what turns out to be a fantastic case study in both the dangers of socialist economics and of course, speaking to soon.

The article was titled “Hugo Chavez’s Economic Miracle” and it was certainly not the only one of its kind to come out at the time. It may seem like twenty-twenty hindsight to criticize such foolishn
... (more)

There's Now a $1-a-Pill Competitor to Pharma CEO Martin Shkreli's $750-a-Pill Drug
Business InsiderOct 23

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