Archive for November, 2017
EconomicPolicyJournal.com: BREAKING Trump Nominates a Disturbing Anti-Gold, Pro-Negative Interest Rates, Economist to be a Fed Governor
The cult of fiat money about to get another voice in the Fed?
Fed Chair Janet Yellen: Rates have to raise to prevent ‘boom-bust’ economy
Talk about being behind the curve. We have been in a boom bust economy since the early days of the Republic. Money printing causes the boom bust cycle.
Source: Fed Chair Janet Yellen: Rates have to raise to prevent ‘boom-bust’ economy
Taibbi: New Drone Strikes Underscore How Much Power We Give Trump
“Americans rolled over for decades while we gave the executive branch unreviewable authority to kill – now that power is in the hands of an idiot.”
Source: Taibbi: New Drone Strikes Underscore How Much Power We Give Trump
EconomicPolicyJournal.com: Superior Court Slaps Down Seattle Social Justice Warriors’ Attempt to Introduce an Income Tax
A victory against legal plunder.
Fed’s Kaplan Fears “Excessive Financial Imbalances”, Warns “We Are Vulnerable To Rapid Reversals”
It’s deja vu all over again.
Source: Fed’s Kaplan Fears “Excessive Financial Imbalances”, Warns “We Are Vulnerable To Rapid Reversals”
Murphy and Taxes
I was interviewed about state taxes just before the November election. Robert Wenzel had this to say about the segment at www.economicpolicyjournal.com:
Murray Sabrin, professor of finance in the Anisfield School of Business, Ramapo College, is just great when it comes to explaining things from a limited government, free market perspective and New Jersey media is beginning to recognize that. He is being asked to appear more and more often on New Jersey news outlets. In the below clip, he appears twice first near the start and then again toward the end.
Beware trickle down taxation!
The Mideast: Will Trump quit when he’s ahead? |Mulshine
Trump is on the road to a one-term presidency if he intervenes further in the Middle East.
“During the campaign Donald Trump promised to defeat ISIS and then stop meddling in the Mideast; now that ISIS is fading, will he declare victory or get suckered by the Saudis into another losing war?
Source: The Mideast: Will Trump quit when he’s ahead? |Mulshine
N.J.’s millionaires’ tax hike is losing support | Moran
Tom Moran’s analysis misses a key point: If Murhpy wants to increase spending, then all taxpayers should pay for them, not just upper-income individuals and families. Murphy’s tax plan would make Willie Sutton proud.
“Democrats are going wobbly. The reason is the Republican tax plan would end the deduction for state income taxes, and increase the risk that the rich might flee from high-tax states like New Jersey.”
Source: N.J.’s millionaires’ tax hike is losing support | Moran
“Not Our Fault” – ECB Says “Fake Data” Is To Blame For The Coming “Manias And Panics”
“Just as there are concerns about ‘fake news’ dominating social media, there is a risk of ‘fake’, statistics driving out better quality ones in public discourse. Actions by economic agents could become less anchored to actual activity and more prone to manias and panics.”
Source: “Not Our Fault” – ECB Says “Fake Data” Is To Blame For The Coming “Manias And Panics”