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MARKETS
Abolish Billionaires!
“I don’t think that billionaires should exist,” Sanders explained. The crusade’s rallying cry: “Abolish billionaires.” To that end, Warren and Sanders have each proposed special taxes on the ultra-rich.
The Currency War: Good for Gold
As the world awaits another $600 billion flood from Bernanke's printing press, central bank governors from Brasília to Tokyo are preparing to respond in kind. This is the monetary equivalent of a nuclear war, except instead of radiation, bombs of inflation...
There Was a Fed Chairman Who Swallowed a Fly
?While it's true that history repeats itself, the patterns should always be separated by a generation or two to keep things respectable. Unfortunately, in today's economic world, it seems the cycle can be counted in months. On July 24, 2009, just as the Federal...
An Inflationary Death Spiral
?It seems the Fed has given up on the idea that the country can build a viable and stable economy through the conventional means. Instead, our central bank has resorted to once again growing GDP and increasing employment by the creation of asset bubbles. This is a...
POLITICS
Politicians on the Take?
It’s bad enough when politicians kill businesses with COVID-19 shutdowns. It’s worse if they kill a business because the owner won’t give money to their friends.
America’s Social Security Ponzi Scheme: Congressionally Duped Americans
The only way Congress can send checks to Social Security and Medicare recipients is to take the earnings of a person currently in the workforce. The way Congress conceals its Ponzi scheme is to dupe Social Security and Medicare recipients into thinking that it’s their money that is put away and invested.
Obamacare: An Old ‘New’ Program To Establish a Government Monopoly In Health Insurance
Politicians love to play Santa Claus by handing out favors to voters, while depicting insurance companies as Scrooge when they raise insurance premiums to cover the costs of government mandates.
Obamacare’s Failure is Not Just a Technology Problem
Like public education, public housing, and public toilets, the government’s virtual takeover of the health insurance market is doomed to fail, because government intervention in the economy is always doomed to fail.
CULTURE
Federal Money Incentivizes Colleges to Increase Tuition
What is the price tag for “free” college and the elimination of college debt?
The Lure of Baseball
In a world of life-and-death conflicts, spectator sports give us a “time-out”–an opportunity to relax and celebrate human skill, dedication, and success in a spirit of simple joy.
The Rational Basis of Sex: Common Views About Sex (Part 1 of 4)
What is sex? I can picture asking an adolescent boy this question and he’d say “You don’t know…?!”
Crusading to Keep Kids Clueless: Public Education Monopoly Cracks Down on Home Schooling
The public education monopoly can't stand the thought of "unqualified" parents teaching their own children. That is why they are cracking down on home schooling, even as a new study shows that thousands of public school teachers themselves are shamefully unqualified...
LAW
Obama vs. Us
Obama is living up to those pledges by subverting our Constitution and adopting the political style of a banana republic dictator.
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SCI-TECH
Oily Politicians II: Politicians Play on Consumer Ignorance of Economics
One of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it to work. If vast new iron ore deposits are discovered tomorrow in Timbuktu, 99 percent of the people on this planet may be wholly unaware of it -- and...
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WORLD
Iraqis Should Look To American Founding Fathers When Writing Their Constitution
On December 15, 1791, 213 years ago, the American Bill of Rights was ratified. Thus ended a long and difficult process by which the American people first liberated themselves from tyranny and then established the first government in history founded on individual...
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