Economics

UK Politicians and Government-Funded "Firms" Propose Reduction in "Greenhouse" Foods!

The eco-scammers continue, unabated. This time, the bogus "Carbon Trust", a "Firm" started and funded through government (ie legalized theft), and UK politicians want companies to "publish their carbon footprints". Should they consider that C02 has not been linked as causal for so-called "anthrpogenic global warming"? Seems they missed that part. How about methane and sheep burps? How about the idea that global warming fascists can't even tell people how much methane is in the air naturally and how much is put in the atmosphere by man?

Obama's Attack on Tax Havens Inspires UK Banks to Consider Not Accepting US Depositors

Hey, privacy advocates, why don't you cover the invasion of privacy that US tax laws and bank laws represent, even while you criticize the feds for eaves-dropping and invading e-mails?

Totalitarianism is on its way...

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5374095/...

 

Banks to Pay MORE to FDIC to Keep It Solvent -- But... We Thought the FDIC INCREASED Stability! Oh, So CONFUSING!

The FDIC is a corrupt, unconstitutional system of mercantilism that destabilizes the banking industry by inspiring bankers and depositors to be less vigilant about their activities. This move was predicted by free market economists over a year ago. 'Nuff said:

http://www.campaignforliberty.com/wire.php?view=5407

 

Obama Signs Bogus, Anti-Constitutional, Newspeak "Tenant's Bill of Rights"

Wow! There are so many problems with this, from economics to the Constitution to the corruption of the language and definition of the word "right", it's almost too much to consider!

We'll have to do this: An upcoming podcast will be devoted to "rights" in contemporary and historic times.

Read on MacDuff!

http://offshoreinn.com/investing/obama-passes-tenants-bill-of-rights-buy...

Feds and Recording Companies Intent on Imposing a "Performance" or "Radio Play Tax" on Broadcast Stations

Another scion of the unconstitutional and corrupt federal ownership of the airwaves: This new story of a proposed tax on radio stations that play recorded music. Funny thing is that the radio stations ALREADY pay royalties to ASCAP and BMI in order to "get permission" top play that stuff. Now, since the record companies are running into the financial losses that reflect reality that government-imposed copyright laws can't hold back the tide of private property owners wanting to share their purchases with others, the record industry wants to get the cash in another way.

Two More Banks Seized -- This Time in Illinois

Check out this article, and notice the term "regulators". Any honest person would describe the FDIC and all federal "regulators" as what they are: simply people pushing other people around and taking their property. Hmmm. Oh, yeah, they're called robbers!

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a42Xg57jVTzM

 

Be Seeing You!

Mercantilism On the March" Feds Prep for GM Takeover, Will Absolve ALL GM Debt to Private Parties

Adam Smith warned of this kind of thing in 1776. Nice to see government doesn't change, isn't it?

http://www.ft.com/cms/s/0/2dca3956-46f2-11de-923e-00144feabdc0.html

What was it the Talking Heads said, "Same as it ever was"?

Drudge Report Carries Story: Obama Admits "The US is Out of Money"

Gee, really?

Here is the text, developing. For more, visit www.drudgereport.com

_______

Dollar Plunges Faster than Louganis off a High Board

Now, why would the value of the Dollar drop like this?

Maybe we should ask Barack Obama, Ben Bernanke, Timmy Geithner, George Bush, Hank Paulsen, Judd Gregg, Mitch McConell, Barney Frank, Chris Dodd, and most everyone who has been behind this insane rush to pump liquidity into the market and increase gubment spending!

http://finance.yahoo.com/news/Dollar-hits-09-low-on-rating-rb-15325222.h...

UK Members of Parliament Near Suicide after Paper Reveals Their Reckless Spending?

The dark side whispers: "We can dream".

But, of course, we don't listen to the dark side.

http://uk.reuters.com/article/topNews/idUKTRE54L1VG20090522

B c-ing u!

US Government to Lose its AAA Bond Rating? What Would This Mean?

Due to the insane and utterly unconstitutional spending of Bush, Obama, and their predecessors and pals in the House and Senate, the US gubment is in danger of losing its AAA bond rating. A decreasing bond rating indicates fears by lenders that the recipient will be lesss likely to be able to pay back it's loans. It means the debtor is seen as a higher risk. This results in higher rates being charged for future loans... Soooo, if this happens, US borrowing will occur at higher interest rates, which, of course, will have to be paid by US taxpayers, or through the monetization of the debt, which causes inflation.

Not a pretty picture, cats!

Look forward to an upcoming Liberty Conspiracy Audio featuring our ally Glenn Jacobs, in which this subject will be discussed.

Florida Congressman Inroduces Federal VACATION Mandate!

Just so happens that Orlando is in his district. Go figure!

http://www.politico.com/news/stories/0509/22794.html

Let's hope the Disney folks stay away from lobbying for this. Incredible.

Be Seeing You!

DC's Anti-Credit Card Fascism: Funny to See Profligate Spenders Criticize Credit Card Companies

Yeah, isn't it quaint how the very criminals who get automatic pay increases through legalized theft (ie taxation), and who STILL put the government into decades-worth debt are so vocaly critical of credit card companies that don't force ANYONE to do business with them, and don't defraud anyone with their policies?

Interesting. Glad the politicians can get some photos ops while they make it look lke they're fighting for the "little guy".

http://www.reuters.com/article/politicsNews/idUSTRE54H61820090518

Enjoy.

Obama Emissions and CAFE Regs Will Cause... SURPRISE! More Harm!

Take a look at this press release from the Competitive Enterprise Institute, www.cei.org, then visit their site. Excellent work on the unintended consequencs of federal madates for fuel efficiency and (now) emissions...

_____ CEI:

Obama Admin Claims It Will "Create" New "Green" Jobs -- But Won't Admit the Truth

For every "green job" created, cash and opportunities -- more efficient opportunities that TRULY reflect progress and productivity -- have been lost in the real, non-political, market. A Spanish study recently released indicates that for every "green job", 2.2 real jobs have been destroyed. Why? Because if people really thought the "green industry" were a worthwhile investment that could expand their profitability and productivity, they would be investing in them NOW. Instead, people have chosen other, more productive avenues to follow. The government intervention and redirection of the usable flow of capital can ONLY inhibit the growth of the economy, only DESTROY jobs.

Interesting Reading for the Practically Minded - Taxes and Economic Growth Don't Mix

But... But... We thought all those taxes HELP, that they INVEST in "new technologies" and "new jobs", that through coercion and majority-sanctioned theft, BETTER decisons were made than by individuals left alone and free. What the--?!

http://www.limitedgovernment.org/publications/pubs/briefs/pdfs/brf15-25....

Yeah, it's a PDF.

Be Seeing You!

Obama launches New Anti-Constitutional Attack on Commerce and Freedom: New Auto Emission Standards

Not only does the science NOT support the fascist thesis that man's activity is causing the earth to warm, the earth has been COOLING since 1998.

These anti-market mandates will cost people more, remove their ability to make their own choices, and cause unintended consequences, like cars that are not as safe as they could be. Bad idea, forcing people to do as you tell them. Why not start a ompeting car company that conforms to your wishes, IN THE PRIVATE MARKET, and not use people's tax money to push other people around and then give the people who were taxed to create the gangland force a bunch of cars they would not have chosen in the first place? Why not just compete in the market, and see what people choose, FREELY?

Read on, MacDuff!

M. Knight Shalaman's Cheesy New Thriller: "I Pay Dead People" - AKA, Stimulus Checks Paid to the Dead

What a relief! For a while there, we thought the DEAD might NOT get paid by our taxes and the deficit spending our kids will have to handle. Good thing we have Washington DC to take care of corpses!

http://www.myfoxny.com/dpp/your_money/consumer/090514_Dead_People_Get_St...

 

Be Seeing You!

Roubini Analysis: Yuan Will Usurp Dollar as World Base Currency

What, you mean that having a central bank and a treasury flood the nation with worthless liquidity is a BAD thing? WOAH!

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5325805...

Be Seeing You!

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