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Archive for the ‘Welfare state’ Category

A pessimistic perspective: war and economic turmoil

17 Jul

“On the surface, things seem pretty quiet in mid-July 2016.  The biggest news stories are about the speculation surrounding Donald Trump’s choice of running mate, the stock market in the U.S. keeps setting new all-time record highs, and the media seems completely obsessed with Taylor Swift’s love life.  But underneath the surface, it is a very different story.  As you will see below, the conditions for a “perfect storm” are coming together very rapidly, and the rest of 2016 promises to be much more chaotic than what we have seen so far. Let’s start with China.  On Tuesday, an international tribunal in the Hague ruled against China’s territorial claims in the South China Sea.  The Chinese government announced ahead of time that they do not recognize the jurisdiction of the tribunal, and they have absolutely no intention of abiding by the ruling.  In fact, China is becoming even more defiant in the aftermath of this ruling.  We aren’t hearing much about it in the U.S. media, but according…”

Source: War Is Coming And The Global Financial Situation Is A Lot Worse Than You May Think

 

An insightful assessment of our political culture

16 Jul

Law professor Butler Shaffer tells it like it is regarding our anti-humane culture.

Source: Thought Control

 
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Posted in Civil liberties, Corruption, Donal Trump, Hillary Clinton, Individual rights, Politicians, Politics, Progressives, Warfare state, Welfare state

 

Thumbs down for “maverick” Trump

16 Jul

How Trump blew his credibility by picking Pence.

Source: Dead Man Walking

 

Why the federal government is anti- free enterprise and anti-consumer

16 Jul

Sen. Booker is no friend of consumers. 

“A bipartisan bill was just introduced by Senators Cory Booker (D, NJ) and Mike Lee (R, UT) aimed at preventing federal programs that were…”

Source: USDA and Agribusiness Cartel Plot to Destroy a Small Business

 
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Posted in Corruption, Crony capitalism, Economy, Free markets, Politics, Regulations, Welfare state

 

New Jersey keeps getting on a bad list…and one that is off beat

15 Jul

“A new survey says N.J. has America’s most miserable town, but it’s also among the state’s 100 “kinkiest” communities. Below are both lists.”

Source: N.J. Has America’s Most Miserable Town — But It’s Among State’s 100 ‘Kinkiest,’ Surveys Say

 
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Posted in Economy, Education, Employment, Healthcare, New Jersey, Politicians, Poverty, Welfare state

 

Bernie, Bernie, Bernie…

14 Jul

The only “revolution” Bernie was touting was the discredited ideas of socialism.

Source: How Bernie spent his millions was anything but revolutionary.

 

Murray Rothbard had Newt’s number in 1994

13 Jul

Source: Target Liberty: Murray Rothbard on Newt Gingrich

 
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Posted in Crony capitalism, Economy, Federal Government, Foreign policy, Trade, Warfare state, Welfare state

 

La dolce vita in big trouble

13 Jul

Economics professor Joe Salerno explains the Italian mess.

“As several articles over the past few days have indicated (here, here,…”

Source: Italy on the Brink | Mises Wire

 
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Posted in Banks, Central banks, Corruption, European Union, Free markets, Politicians, Politics, Welfare state

 

A reader responds to the open letter to Trump

13 Jul
Rick Merkt, former assemblyman and gubernatorial candidate, emails:
“One of the interesting observations I have made over a lifetime:  “Liberals” a/k/a “Progressives” believe as an article of faith (Perish the thought!) that the smartest man (or woman) in the world should be charge of everything, because, obviously, he (or she) is more qualified to decide everything than the poor average Joe.  They really, actually believe this!  It never occurs to them that even the smartest person in the world couldn’t possibly access or process the number of inputs necessary to reach a right decision on most complex matters.  This is why the “invisible hand” of the market works, where individual or collective “geniuses” fail repeatedly.  To be sure, the market commits its errors — in fact, all the time.  Yet, perhaps because it is not hobbled by ego, the market constantly adjusts for its mistakes, disciplines the losers, and rewards the winners, all to the greater benefit of society.

Read the rest of this entry »

 
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Posted in Civil liberties, Constitution, Corruption, Crony capitalism, Democrats, Economy, Education, President Obama, Progressives, Welfare state

 

Walter Williams lays down the gauntlet

12 Jul

“President Barack Obama and his first attorney general, Eric Holder, called for an honest conversation about race. Holder even called us “a nation of cowards” because we were unwilling to have a “national conversation” about race. The truth of the matter is there’s been more than a half-century of conversations about race. We do not need more. Instead, black people need to have frank conversations among ourselves, no matter how uncomfortable and embarrassing the topics may be.”

Source: Challenges for Black People

 
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Posted in Corruption, Crime, Democrats, Education, Employment, Federal Government, Gun control, Local government, Police, Politicians, Politics, Poverty, Race, Welfare state

 

Greenspan does a 180

10 Jul

“Faking It   Under a gold standard, the amount of credit that an economy can support is determined by the economy’s tangible assets, since every credit instrument is ultimately a claim on some tan…”

Source: Alan “Bubbles” Greenspan Returns to Gold

 

Hillary is continuing the great tradition of presidential candidates…

09 Jul

Presidential candidates and presidents always lie. For the past 100+ years, from Wilson to FDR to Truman and up to Obama, they have lied repeatedly about taxes, spending, regulations, and war.  (More to come in future posts)

“Does Hillary Clinton possess the integrity and honesty to be president of the United States? Or are those quaint and irrelevant considerations in electing a head of state in 21st-century America?”

Source: Is Hillary Morally Fit to Be President?

 

Free markets, not central planning, create wealth and higher living standards

08 Jul

“For months before the Brexit referendum on June 23rd, entire industries were hard at work attempting to predict how the UK electorate would vote.”

Source: Brexit Shows Why Central Planning Won’t Work | Mises Wire

 
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Posted in Crony capitalism, Economy, European Union, Free markets, Immigration, Politics, Pundits, Welfare state

 

DC housing boom…

08 Jul

…when the bust comes it will mean the end of the welfare-warfare state.  Don’t hold your breath.

Source: Chart Of The Day: Washington DC Home Prices Hit $500K, Up 45% Since 2010

 

Hillary is no “moderate”

08 Jul

Hillary is Bernie Sanders in a pants suit, according to Tom DiLorenzo.

Source: The Real Problem With Hillary – LewRockwell