Economics

John McCain in His Own Words - Grow Government, Increase Socialism, Increase Regulation

As this piece from MSNBC illustrates, John McCain is very much in favor of continuing the anti-constitutional approach. He wants to continue regulating political speech (if only Sam Adams could hear that), while increasing regulations on energy producers and consumers. Soo, if you're a consumer or supplier and you don't like it? Try speaking out against it 60 days prior to an election.

Ahh, freedom...

Check it out, Strongbad!

http://www.msnbc.msn.com/id/25658861

Federal Judge Stops Oil Drilling in MI -- Another Example of the Bad Consequences of Breaching US Constitution

There's nothing like adding insult to injury. In the case of the energy needs of American consumers, the high prices caused by federal devaluation of the Dollar, ethanol requirements and restrictions on exploration and refining have been combined with the fact that the federal government owns land it is not supposed to own, like, oh, this parcel in Michigan...

http://news.yahoo.com/s/ap/20080712/ap_on_re_us/gas_drilling

Fannie Mae and Freddie Mac - "Too Big to Fail"? - Nonsense from McCain, the "Constitutional Scholar"

Wow, just when you thought they couldn't say anything DUMBER, the politicians prove ye wrong!

Check out the blather from the fascists and socialists in DC regarding the unconstitutionally created Fannie Mae and Fredie Mac! How about we let them FAIL, clear the housing and business markets they've artificially inflated, and let the market work to then utilize the worthwhile ventures in a profitable way -- a way GUBMENT has no incentive to explore!

Here's the piece! http://www.bloomberg.com/apps/news?pid=20601087&sid=avnMyKESZ2qk&refer=w...

Fed Chief Fascist Bernanke Indicates Intent to Coerce market Participants MORE, Bailout MORE -- Says Taxpayers Won't Lose

As you read this, see if you can tell Mr. Bernanke about "opportunity costs". Remind him that the moment someone's money is taken from him against his will, he begins losing opportunities to utilize that liquidity in the way HE prefers, and is, instead, forced to see his cash go into ventures he would not have chosen. It's called a LOSS, Mr. Bernanke. Get it?

Jeesh. This guy is bad news, cats!

http://www.msnbc.msn.com/id/25582478

NH Gov Signs Law Madating Licensing of Mortgage Providers -- Govt. Created Fannie Mae and Freddie Mac See Even BIGGER Losses!

Yep. Leave it to the politicians to tell you they will protect you, even as they take more of your money to fund the parasitic organizations that have been wasting your tax money supporting below-market rate loans to risky individuals!

In Praise of Speculators - Feel Free to Read and to Defend against People Like Former NH Gov Jeanne Shaheen

As many people are aware, former NH Governor Jeanne Shaheen "wrote" a piece two weeks ago that appeared in the "NH Union Leader". The article excoriated speculators in the oil and gasoline futures markets. Mrs. Shaheen doesn't have a clue as to the essential role speculators play in a productive, growing market.

Tom Friedman - Wow, Is This Piece Inspired by Statist Tendencies and a Lack of Economic Understanding

Holy hokey, Batman!

http://www.nytimes.com/2008/05/28/opinion/28friedman.html?_r=1&ref=opini...

Nothing like setting limits for prices to mess up the market. And don't worry about the ethics of it. Tom knows best.

Lighter (But Still Serious) Fare: Fed HDTV Coupons Aren't Even Valid!

But just remember, as the government ads tell us, HDTV is so much better than broadcast television, it's been mandated!

http://www.msnbc.msn.com/id/25083123/wid/11915829?GT1=40006

More Moves to Create World Bureaucracy to Control the Financial/Trading Sector

As Count Floyd might have said, "Scary!"
Here is the report, from the Financial Times of London:

Geithner stresses Fed role in dollar stance

By Aline van Duyn and Michael Mackenzie in New York

Published: June 9 2008 23:20 | Last updated: June 9 2008 23:20

Timothy Geithner, president of the New York Federal Reserve, has appeared to dismiss the market perception that the US Treasury calls the shots for the dollar, saying responsibility is a “delicate balance” between the Treasury and the Fed.

Minneapolis Sets Auto-idling Limit -- Many City Vehicles Exempted (of course) --

Yes, as one might expect, the folks in Minnesota have spoken, and it's another infringement on freedom for the "greater good" that includes plenty of exemptions for gubment!

Here's a link to local television coverage of it (not too thorough, but that's to be expected now from "journalists")...

http://kstp.com/article/stories/S469008.shtml?cat=1

Then take a look at this, just one example of the good work bloggers are doing covering this topic!

http://tomnelson.blogspot.com/2008/06/minneapolis-considers-then-actuall...

Capn' Trade Cereal Defeated in Senate, Great Piece on Anti-economics of Housing Bailout

As many conspirators know, the Warner-Leiberman Cap and Trade bill was defeated in its new guise, a 491 page re-written bill that no one got to read anyway. The scientific rationale for both bills is about as strong as the constitutional rationale -- meaning that there isn't any rationale.

That's the good news.

Take a look at this good piece from Reason.com for more evidence that the federal bailout of mortgages is baaaad mojo, baby!

http://www.reason.com/news/show/126798.html

BAD NEWS - NH Senator Sununu May Vote FOR Cap and Trade Regulations

Chris Horner, or the Competitive Enterprise Institute, reports that John Sununu, Jr., may be pandering once more, possibly voting FOR a replacement "Cap and Trade" "environmental bill" that would smother productivity and do nothing to change the weather.

Check out the report, here! http://planetgore.nationalreview.com/post/?q=ODVjNjcwMDIyYjgyOWQ0M2JhMzd...

Intellectual Ammunition to Fight Against Environmental Fascism

On Monday, June 2, Gard had the opportunity to talk to Chris Horner, a Senior Fellow at the Competitive Enterprise Institute. Chris' new book, "The Politically Incorrect Guide to Global Warming and Environmentalism" is a treasure-trove of information to help you combat the specious arguments of the emotively driven collectivists who promote more and more regulation on the free market. Chris is a big hero for freedom, and his book goes highly recommended. Check it out by hitting the Amazon link provided!

cover of Shattered Consensus: The True State of Global WarmingShattered Consensus: The True State of Global Warming
cover of Climate Confusion: How Global Warming Hysteria Leads to Bad Science, Pandering Politicians and MisguClimate Confusion: How Global Warming Hysteria Leads to Bad Science, Pandering Politicians and Misgu
cover of The Politically Incorrect Guide to Global Warming (and Environmentalism)The Politically Incorrect Guide to Global Warming (and Environmentalism)
cover of The Chilling Stars: The New Theory of Climate ChangeThe Chilling Stars: The New Theory of Climate Change