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Economics
Obama Admin Now Realizes Deficit Spending Completely Unsustainable?
Can you believe this? It's only crossing their minds NOW?
Guess what they're prepping? Yeah, you got it, HUGE tax increases. Look for higher taxes on cigs and liquor, gas, stock sales, a return of the death tax, and higher taxes on pay, even when you earn $40K a year. That, plus an expanded "war" in Afghanistan, socialized and bureaucratic medicine, carbon taxes, soda taxes, and inflation. Enjoy change, kids.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aJsSb4qtILhg&refer=w...
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"Stimulus" Package of a Few Weeks Ago Does What We Tried to Tell People: Hands Out Cash for Special Interest Pals
In this case, it's the electronic medical data industry. Unconstitutional AND WASTEFUL invasions of privacy. GOOOOOOOALLLLL!
A Special Notice from An Aussie Conspirator Re: Medicine and the State
We received this letter from Mothyspace, a fellow conspirator based in Australia, and wanted to share it with you. Oz is a country which has already taken huge steps towards socialized medicine, and the ill effects of it are shown in this story. Please refer to the Liberty Conspiracy Audio for 5-13-09 for more information on government intervention in the health care market, and how it can only lead to rationing, as you see in this story from Australia.
Here is a link to the fund-raising site Mothy has created for his friend:
http://fundraiser86.chipin.com/aussie86-freedom-health-fund
And here is Mothyspace's message:
Congress Weighing MANDATORY Health Insurance for American Citizens, and Subsidies to Go with It
Funny, the supposed "conservative" Mitt Romney already tried this in MA, and costs skyrocketed. Yet they want to duplicate the policy on a national basis?
Beyond the fact that it's unconstitutional, and anti-economic, why not let the states try it the way MA did, and see what works? Why have one policy madate the compliance of EVERYONE? Remember, the larger the area of control, the greater chance that more people will be harmed by policy errors. At least the founding fathers got that right.
http://news.yahoo.com/s/ap/20090514/ap_on_go_co/us_health_overhaul
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Spanish Study Shows: Gubment Plans to "Create" Green Jobs Destroys More Jobs Than They Create - No, REALLY?!
Any libertarian could have told them that about two-hundred years ago. Anyone heard of "what is seen and not seen", the concept expressed by the 19th Century French economist Frederic Bastiat?
The world under politicians is insane.
http://www.cnsnews.com/public/content/article.aspx?RsrcID=46453
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Obama Admin Gets Set to Propose Regulation of Financial Industry Pay -- Even Those That Haven't Gotten Fed Aid
This is such a breach of morality and the US Constitution that one wonders why people aren't booted out of office immediately when they come up with such ideas.
http://online.wsj.com/article/SB124215896684211987.html
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TIMMY Geithner Wants to Handout Cash to SMALL Banks Now
See, the apparatchiks don't think the worthless cash is moving through the system fast enough, and so they want to inject it into small banks now.
http://finance.yahoo.com/news/Geithner-Bailout-repayments-apf-15228434.h...
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Intel Hit by European Union with Record $1.45 Billion Fine for "Anti-competitive" Activities
So, Intel gives rebates to consumers, saving them money. Intel is trying to give consumers a BETTER deal, and consumers are free to buy or not to buy. THIS, you see, is ANTI-competitive. Competition is ANTI-competitive, according to the state. And if you choose Intel? Well you couldn't control your own actions. You are a dolt, and Marx new better. You are a tool of capitalism, and your freedom of choice is a mirage. Sellers don't have to work to constantly cater to the consumer, nope. You're being used, and Intel is wicked. Now, $1.45 billion will be extracted from Intel, costing it and consumers more.
Yeah, Intel is the bad guy here. Seriously. No, really. Um...
Consumer Spending Drops Again in April, Guess What the Fed and DC Will Do?
What a surprise. Consumer spending fell once more, despite all the fake money the fed and Washington have been flooding into the market. So what's next? Clearly, Ben Bernanke will continue his inflationary injection of liquidity, which will lead to an even worse inflationary period down the line.
http://news.yahoo.com/s/ap/us_economy
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Feds Consider Tax on Sweet SODAS to "Fund Health Care"!
We've said here many times that once people accept the falacious concept that "we all pay" for the bad health habits of others, then the move of government to regulate our private habits begins.
Fascism is here. It has been for a while. Seems odd, doesn't it, that the federal gubment imposes high tariffs on foreign sugar, making sodas cost more ALREADY, and now, they want to tax the sodas that hae ADM CORN SYRUP in them!
At a certain point, even people who blithely stroll through life without much care for the extortion, coercion and glad-handling of government will stand up and say something is wrong!
http://online.wsj.com/article/SB124208505896608647.html
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Federal Gubment Tells Cheerios, "You Can't Make Health Claims without Being Regulated As a Drug"!!
The train of abuses gets longer.
http://wcbstv.com/health/cheerios.general.mills.2.1007986.html
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Senate Dems Consider Applying Federal Taxes to a Portion of Employer-provided Health Insurance Benefits. Why?
To pay for the even LESS efficient GUBMENT health plan they are going to push onto Americans. Brilliant!
http://news.yahoo.com/s/ap/20090512/ap_on_go_co/us_health_overhaul
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Obama Will Meet with Health Care Industry Businesses - You Scratch Obama's Back, He Won't Whip Yours
Politicians clearly know better how to run an efficient health care system. There could be no toxic influence from politics, no problem with a lack of market incentives, could there?
When government gets involved with health care regulations, costs go up, choices go down. When government pays, demand is artificially increased, government costs go up, the government responds by decreasing payments and choices, by creating price caps and restrictions on use. You get a health care system which is worse than it was before.
In the free market, productivity creates a drive to reduce costs and increase quality. Thus, DVD players have dropped in price to a point where even people of little means can buy them. Same thing for computers.
Inevitable: Obama Admin Plans to Expand Antitrust Attacks
Antitrust laws are not only unconstitutional, they penalize, punish, ATTACK competitiveness and attempts to give the customer better products for less. They are usually used by politically connected businesses to get the gubment to go after more competitive businesses. Refer to "Antitrust and Monopoly", a book by Dominic Armantano, for an excellent exploration of the issue and its history.
Here is the report. Hope you haven't eaten already!
http://www.nytimes.com/2009/05/11/business/11antitrust.html?_r=2&ref=tod...
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A US Expat Living in Panama Writes About US Gubment Attacking Tax Havens
Government aggression increases.
http://primapanama.blogs.com/_panama_residential_devel/2009/05/now-its-j...
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Obama Admin Forecasts A Deficit DOUBLE That of Just One Year Ago
Ever stood at the base of a really, really step mountain?
It's just gonna get steeper, baby!
http://uk.reuters.com/article/marketsNewsUS/idUKN1152314620090511
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More on Bank "Stress Tests": Credibility of Gubment Audit is Questioned. NOOOO, Really?!
Check out Mr. Andres' statement.
He will be proven right.
http://finance.yahoo.com/news/Stress-tests-show-10-banks-rb-15174122.htm...
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Anyone Thinking of Entering the US Marketplace Has to Consider Political Shifts Now
A lot of anarchists and libertarians have been hectored for studying politica-economics. Now, perhaps, the nay sayers know why.
http://www.guardian.co.uk/business/feedarticle/8495764
Be Seeing You.
Gubment Says Banks Should Get $75 Billion MORE, Nothing Like Freedom, Huh?
Yeahhhh, even when you choose NOT to spend, not to do business with certain parties, the politicians know sooo much btter than you do.
Read on, MacDuff!
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/07/AR200905...
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Park Service to Use Eminent Domain to Steal Families' PA Land for Flight 93 Memorial! Woah!
Wow. Can you believe this? Take a look at the quotes from the park service thugs. When the feds build this thing, perhaps people will show up to vandalize it - every day - with placards talking about the continued terrorism of the federal government.
http://news.yahoo.com/s/ap/20090507/ap_on_re_us/us_flight93_memorial
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