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Archive for the ‘Uncategorized’ Category

Green is the Guise and Disguise of the New Socialism – LRC Blog

25 Feb

Two socialists lead the Democratic pack at the moment as presidential aspirants: Kamala Harris and Bernie Sanders. But socialists make the world’s worst economists. The Green New Deal Resolution is their brainchild. It’s also a Democrat baby. This resolution now has 68 co-sponsors in the House, and every last one of them is a Democrat. Let us ponder a few of the effects of the Green New Deal. In this way, we see how the Democratic Party parades its economic illiteracy before us and how it intends to institute socialism in America. Suppose that Uncle Sam outlaws fossil fuels. They … Continue reading →

Source: Green is the Guise and Disguise of the New Socialism – LRC Blog

 
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How America Learned to Stop Worrying and Love Deficits and Debt

24 Feb

The old rules are being rejected, among liberals and conservatives, politicians and economists.

Source: How America Learned to Stop Worrying and Love Deficits and DebtIf 

If contrary opinion is correct, now is the time to start worrying about the deficit.

 
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With women in combat roles, a federal court rules the male-only draft unconstitutional

24 Feb

 

In the biggest legal blow to the Selective Service System since 1981, judge rules that “the time has passed” for debate on women in the military.

Source: With women in combat roles, a federal court rules the male-only draft unconstitutional

File this under be careful what you wish for….in this case gender equality.

 
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Berkshire Letter Highlights: Shocking $25BN Loss; Buffet Bashes “Deficit Doomsayers”, Emerges As Closet “Austrian”

23 Feb

From Berkshire’s shocking $25BN Q4 loss, to the wild fluctuations in the company’s $173BN portfolio, to Buffett’s optimism about the US, his emergence as an “Austrian” MMTer, here are the highlights from Buffett’s latest annual letter.

Source: Berkshire Letter Highlights: Shocking $25BN Loss; Buffet Bashes “Deficit Doomsayers”, Emerges As Closet “Austrian”

 
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There Is No National Emergency on the Border, Mr. President

23 Feb

There will be a long legal battle over the President’s declaration of a national emergency along the border, but regardless of the outcome, there is no good reason to declare the border a national

Source: There Is No National Emergency on the Border, Mr. President

 
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My Personal Trade Deficit Is Killing Me—or So Trump Would Have You Believe

23 Feb

 

President Trump’s trade policies don’t match up with basic economic principles.

Source: My Personal Trade Deficit Is Killing Me—or So Trump Would Have You Believe

 
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95-year-old billionaire Charlie Munger: The secret to a long and happy life is ‘so simple’

21 Feb

Some bite-sized life lessons from Warren Buffett’s right-hand man.

Source: 95-year-old billionaire Charlie Munger: The secret to a long and happy life is ‘so simple’

 
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Finley: $22 trillion debt? Let’s spend more

21 Feb

“My vote in 2020 will go to a candidate who levels with the American people about our dire fiscal condition, and the sacrifice required to fix it.”

Source: Finley: $22 trillion debt? Let’s spend more

 
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EconomicPolicyJournal.com: The Facts You Need To Know That Will Allow You to Destroy Green New Deal Thinking

21 Feb

Source: EconomicPolicyJournal.com: The Facts You Need To Know That Will Allow You to Destroy Green New Deal Thinking

 
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Supreme Court says states can’t impose excessive fines, and delivers a win to former heroin addict in pivotal ruling

20 Feb

In a unanimous holding, the justices for the first time incorporated the 8th Amendment’s protection against excessive fines to the states.

Source: Supreme Court says states can’t impose excessive fines, and delivers a win to former heroin addict in pivotal ruling

 
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Plunder – LewRockwell

20 Feb

Frederic Bastiat, a French economist and member of the French National Assembly, lived from 1801 to 1850. He had great admiration for our country, except for our two faults — slavery and tariffs. He said: “Look at the United States. There is no country in the world where the law is kept more within its proper domain: the protection of every person’s liberty and property.” If Bastiat were alive today, he would not have that same level of admiration. The U.S. has become what he fought against for most of his short life. Bastiat observed that “when plunder becomes a … Continue reading →

Source: Plunder – LewRockwell

 
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EconomicPolicyJournal.com: STOCKMAN UNLOADS: Trump’s Policies Will Bring Down An Economy On Its Last Legs

20 Feb

Source: EconomicPolicyJournal.com: STOCKMAN UNLOADS: Trump’s Policies Will Bring Down An Economy On Its Last Legs

 
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The Nightmare Fairyland of the Green New Dealers

20 Feb

If the Green New Dealers have their way, the interventionist state will be taken to an entirely new and more destructive level as one great plan for global salvation is imposed on everyone,

Source: The Nightmare Fairyland of the Green New Dealers

 
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US debt hits record under Trump, Republicans mum

19 Feb

More massive than the US economy, the national debt hit a new record of $22 trillion under President Donald Trump but Republicans who traditionally rail against debt and deficits have remained mum. The sum of borrowing to cover chronic deficits as well as growing interest payments, this mountain of

Source: US debt hits record under Trump, Republicans mum

 
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A 19th Century Economist on the Simple Secret to Public Prosperity

18 Feb

“Of all the means by which a government can stimulate production, there is none so powerful as the perfect security of person and property, especially from the aggressions of arbitrary power.”

Source: A 19th Century Economist on the Simple Secret to Public Prosperity

 
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