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INVESTIGAGE!

“I have been hearing about the Obama Administration wiretapping and trying desperately to uncover links of Trump and Puttin without success for months. Obama was…”

Source: Jarrett from within White House May Have Launched a Watergate Style Attack on Trump During Election | Armstrong Economics

Thuggish behavior and bad manners are all too common.  

Source: Campus Terror

“Here’s a letter to the Wall Street Journal: Peter Navarro’s attempted justification of policies to reduce America’s trade deficit is a river of rubbish (“Why the White House Worries About Trade Deficits,” March 6). Our first hint of Mr. Navarro’s confusion comes when he writes that “growth in real GDP depends on only four factors: […]”

Source: What an Embarrassing Performance by Peter Navarro – Cafe Hayek

Yesterday we shopped in Wayne because the blue laws are still on the books in Bergen County.  Stopped by Macy’s and bought a suit for zero dollars.  After the discounts and applying Macy’s Plentii points, I got a Bernie special, a free suit.  What a country.

Read some essay by Nobel Laureate in Economics Joseph Stiglitz, a devotee of Keynesian economics.  Started reading Hunter Lewis’s book, Where Keynes Went Wrong.  Knowing Keynes’s work helps you understand where today’s mainstream economists are coming from.  For them, it’s all about aggregate demand.

Source: Aspirin vs. Marijuana

Source: A New Wave of Immigrants to the U.S.?

“History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver. Of course, modern politicians and their Keynesian enablers despise the gold or silver standard.”

Source: Arizona Challenges the Fed’s Money Monopoly | Ron Paul | Safehaven.com

Tariffs for Dummies.  

“On the contrary, tariffs protect a handful of inefficient American workers at the expense of American consumers.”

Source: “Tariffs Protect All Americans.”

Who says if you are rich, you are smart.

Robert Wenzel takes down the Commerce Secretary. 

A limited government agenda.  Trump does not get it.  America will not be great again by growing the federal government.  

“As the Trump administration takes shape, it may be helpful to remind ourselves of some of the steps that can be taken in the direction of economic policy that better allows private citizens to be free and flourish.”

Source: 6 Steps Toward a More Sane Economic Policy

Lobbyists with the support of legislators screw the public.  Here is a typical example.  

“For 70 years the liquor lobby has been trying to protect a monopoly that deprives consumers of choice and concentrates the licenses in the hands of big chain restaurants; a new bill would reverse that…”

Source: Liquor lobby’s on the rocks: Bill would let restaurants serve alcohol | Mulshine | The Star-Ledger

Hit the gym yesterday for a fairly intensive workout.  Got some material together about healthcare for an upcoming conversation with a member of the state legislator.

We attended the 35th annual Ramapo College Foundation Distinguished Citizens Dinner Saturday night that included a silent auction.  Two alumni were honored as well as two other businessmen.  Florence was successful in winning her bid for an iPad Mini 2.  Several of my former students attended.  One works at BMW another at Strkyer and another at a major CPA firm.  Ramapo  business students are making their mark in the business world.

The Ramapo College basketball was eliminated in the second round Saturday night losing by one point.  Bummed out.

Source: She Decries Trump’s Rhetoric, but Albright has Justified Mass Murder – Antiwar.com Blog

Source: The Sessions Fiasco – LewRockwell LewRockwell.com

Finished reading the monograph about my the Fed did not foresee the 2008 financial crisis.  To summarize the authors’ findings:  the FOMC suffers from group think and the members are not very good economist.   Also read some of Alan Blinder’s speeches from the 1990s; he was vice chairman of the Fed in the 90s and now is back at Princeton, where he teaches economics.

Was at Ramapo’s first round win at the Bradley Center.  Saturday night they will go to the second round against Keene State.  Go Roadrunners!