Fed's Rocket Ship Turns Hoverboard
Peter SchiffDec 09
Over the past year, while the U.S. economy has continually missed expectations, Federal Reserve Chairwoman Janet Yellen has assured all who could stay awake during her press conferences that it was strong enough to withstand tighter monetary policy. In delivering months of mildly tough talk (with nothing in the way of action), Yellen began stressing that WHEN the Fed would finally raise rates (for the first time in almost a decade) was not nearly as important as how fast and how high the increa... (more)

India's Failing Gold Monetization Scheme: Seizure Imminent?
Menger CenterDec 09
India’s newest gold monetization scheme has been a colossal failure. After one month, it has netted only one kilogram (2.2 pounds avoirdupois) out of an estimated 20,000 tonnes (44 million pounds avdp) of privately-held gold. Why is that? Well, let’s look at how the program works.
  • Gold-holders turn their gold over to a bank. The banks melt the metal dow... (more)

  • Craig Steven Wright: Alleged Bitcoin Founder's Theory On Tulip Mania Bubble
    Business InsiderDec 09

    Bitcoin's Mysterious Creator Satoshi Nakamoto Could Be Australian Man Craig Steven Wright: Report
    Sydney Morning HeraldDec 09

    Ron Paul Warns IRS May Take Your Passport
    Ron PaulDec 08
    A little-noticed provision in the highway funding bill Congress passed this week threatens a right most Americans take for granted: the right to travel abroad. The provision in question gives the Internal Revenue Service the authority to revoke the passport of anyone the IRS claims owes more than $50,000 in back taxes.

    Congress is giving the IRS this new power because a decline in gas tax receipts has bankrupted the federal highway trust fund. Of course, Congress would rather sque
    ... (more)

    Suicides in Alberta Soar in Wake of Canada's Oilpatch Depression
    ZeroHedgeDec 08

    Bitcoin Sales Now Prohibited In the State of New Hampshire
    Dinbits NewsDec 08

    French Traditionalists Praise Warning From Prince Charles That Artisanal Cheese Could Disappear
    The TelegraphDec 07

    Black Friday Sets Records for Gun Background Checks
    NY Daily NewsDec 03

    Young White People Are Losing Their Faith in The American Dream
    Washington PostDec 02

    Can The US Dollar Face Down The Chinese Yuan?
    James G. RickardsDec 01

    Good News: Law Schools In Decline, Bar Passage Rates Plummeting
    InformationLiberationNov 26
    Here's some more good news for a change. Law schools have been in decline lately as their graduates can't get any jobs, so they decided to accept pretty much anyone willing to pay them. Now, those same students are failing their bar exams en masse.

    From Business Insider:
    Bar-passage rates have plummeted in several big states, the National Law Journ... (more)

    Google Deems Bernie Sanders' Economic Plan a 'Phishing Scam'
    Washington TimesNov 26

    Singapore: The Power of Economic Freedom
    Cato @ LibertyNov 25
    The Telegraph ran a fascinating collection of photos from different statges of development of the Asian city state of Singapore. The first photo is from 1900, the second is from the 1970s and the last photo is contemporary. The incredible transformation of Singapore from a sleepy outpost of the British Empire t... (more)

    Chatham House Think-Tank Calls For Meat Tax
    BreitbartNov 25

    The Good Ol' Days: When Tax Rates Were 90 Percent
    Mises InstituteNov 24

    UK: Young 'to be Poorer than Parents at Every Stage of Life'
    BBC NewsNov 24

    More Mexicans Leaving Than Coming to The U.S.
    Pew Research CenterNov 23
    ...but the economy is doing great!

    The Beginning of The End For The Affordable Care Act? Largest US Health Insurer May Exit Obamacare
    ZeroHedgeNov 20

    Nouriel Roubini: "Positive Impacts of Paris Attacks Modest Unless More Attacks Follow"
    Mich ShedlockNov 19

    Hackers: Isis Terrorists Linked to Paris Attacks Had Bitcoin Funding
    Network WorldNov 19

    Record High Taxes and Fees On Wireless Consumers in 2015
    Tax FoundationNov 17

    Schiff: The Shadow Rate Casts Gloom
    Peter SchiffNov 16
    Nearly 92% of economists surveyed this week by the Wall Street Journal expect that our eight-year experiment with unprecedented monetary easing from the Federal Reserve will come to an end at the next Fed meeting in December. Since we have had the monetary wind at our back for so many years, at least a few have begun to question our ability to make economic and financial gains against actual headwinds. But in reality, the tightening cycle that the forecasters are waiting for actually started las... (more)

    Neil Cavuto Embarrasses Student Who Wants Free College and Has No Idea How to Pay For It
    Free BeaconNov 13

    A painful exchange with a young student who's organizing for free public colleges, cancellation of all student debt and $15/hour minimum wage for all campus employees. She doesn't really know how to pay for it, unfortunately.

    No, The Military Has Not Withered Away Under Obama
    Mises InstituteNov 13

    California and New York Are Poorer Than You Think
    Mises InstituteNov 13

    Dear Striking Fast-Food Workers: Meet The Machine That Just Put You Out of a Job
    ZeroHedgeNov 11
    These are undoubtedly ridiculously expensive contraptions only created due to the government's driving up labor costs. - Chris

    Attorney General Tells DraftKings and FanDuel to Stop Taking Bets in New York
    New York TimesNov 11

    Pocketbook Pain: The Rapidly Rising Cost of Living Is Absolutely Killing The Middle Class in America
    The American DreamNov 10
    All over America, the middle class is dying and poverty is on the rise.  One of the primary reasons for this is the rapidly rising cost of living in the United States.  The cost of just about everything that average families shell out money for on a regular basis – food, rent, health insurance, etc. – is rising much faster than wages are.  In a previous art... (more)

    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 Big Pharma and... (more)

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