Voting With Their FeetA recent commentary by Michael Barone points out the unsurprising truth that American's tend to move to places where they are taxed less heavily and where the costs of living are cheaper. I say unsurprising, but this obvious little bit of behavioral economics c... (more)
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Inflation: The Health of the StateThe average Joe and Jane have not been sitting around thinking "You know what we need is more inflation." The millions out of work and being fed by Uncle Sam have enough sense to know higher prices don't help them.
Meanwhile, the PhD economists at the Fed don't think cheap food and goods are good ideas. They figure increasing prices will help company profits and encourage individuals and businesses to borrow and spend money. "Weighed against the political, social and e... (more)
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The World's Fastest FailureObamacare certainly has made history. It has set the record for the fastest-failing Big Government program in world history. This isn’t only about a website flop; it is about the failure of government to accomplish the aims of Obamacare in general, and in a way that has profoundly touched millions of individual lives.
“Train wreck” is a good term here. You know it is coming. You can see the maps. You can predict the timing and the damage. But there is still somet... (more)
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What the Fed Can Learn From the McDonald's Dollar MenuWe live in parallel universes. Federal Reserve Chairman Ben Bernanke is said to have a healthy concern about deflation. McDonald's franchisees, on the other hand, not so much.
The chain of Golden Arches fame will give up its Dollar Menu after 11 years, renaming it "The Dollar Menu & More" next month. It turns out you simply can't make a buck selling burgers for a buck. It must be hard to give up on such an amazing marketing gimmick, generating one-seventh of all sales since its in... (more)
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Man buys $27 of bitcoin, forgets about them, finds they're now worth $886kMeanwhile, people who find old trunks in their grandparents homes filled with tons of cash find it's worth nothing. |
The Plan Isn't WorkingYou didn’t want to be the guy chosen to tell Stalin that the wheat crop failed or the production quotas on trucks and cars were not met. Why?
Because despots always blame people, not systems.
In the same way, you don’t want to be the guy chosen to tell Obama that his health care websites are a disaster. But that’s what they are, and he’s managed to blame everyone but himself.
At his hilarious and embarrassing press conference o... (more)
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The Truth About the US Debt Default
The history, facts and future of the black hole called US government spending...
Sources:
http://ex-army.blogspot.ca/2013/10/de...
... (more)
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The Death of the US Dollar: Timeline and Obituary
Stefan Molyneux discusses how long we have until the collapse of the dollar and outlines the scenario he sees unfolding when economic reality hits the United States.
Freedomain Radio is 100% funded by viewers like you. Please support the show by signing up for a monthly subscription or making a one time donation at: http://www.fdrurl.com/donate... (more)
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Peter Schiff Warns of Economic Collapse and Martial law
Investment broker and financial commentator Peter Schiff joins the show to reveal that the Federal Reserve's monetary expansion program, called Quantitative Easing, is destroying the middle class and pushing the American economy towards a cliff under the illusion of an economic recovery.
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Interview with Ross Ulbricht, The Alleged Mastermind Behind Silk Road
Ross Ulbricht and his friend Rene talk about random life experiences, from their first loves to drug usage, in a podcast posted on YouTube. Ross is allegedly "Dread Pirate Roberts," the man behind Silk Road. [NSFW]
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Peter Schiff Was Right Part Deux: The 'Taper' Edition
When Ben Bernanke announced that the Federal Reserve's Open Market Committee was going to continue its monetary expansion program it calls Quantitative Easing, almost everyone in the financial media was taken by complete surprise. According to the mainstream media, the non-taper "surprised almost everyone out there." Well it did not surprise me, nor anyone who had been payi... (more)
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Puerto Rico, Billionaire Haven: Paulson Makes Move
Sept. 23 (Bloomberg) --- Billionaire hedge funder John Paulson has just bought the seven star St. Regis Bahia Beach resort. This purchase may mark the first step in Paulson becoming a central figure in the Puerto Rican business world. Bloomberg Television's Stephanie Ruhle reports.(Source: Bloomberg)
Good for him, last I heard Peter Schiff is moving there as well. - Chris
See: Puerto Rico To Become Epic Tax Haven For U.S. Citizens?: 'The Idea Is To Turn It Into An Alternative To Singapore' |
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Speed Kills Your Pocketbook
Does speed really kill? Sometimes, yes, but when the speed limits are set artificially low, and enforcement is targeted to those areas where the limit is far below traffic speed, then all the speed kills campaign does is keep drivers complacent about paying fines that don't improve safety.
In this video, I investigate the culture and science surrounding spee... (more) A must watch. |
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