We're not quite sure how Glenn finds the time to do such excellent work, but we sure are happy he does!

http://adventuresofcitizenx.com/2009/05/02/government-intervention-drive...

Be Seeing You!

We have seen the enemy, and it is us? Not really. It's Government!

http://www.usatoday.com/news/nation/2009-05-04-fed-states-revenue_N.htm

The feds have created a system that will work well for perpetuating their power.

Be Seeing You!

Please take a look at this story. Not only does it reflect how socialists look at private earnings, painting the issue as if it's US government money, and it's out of the good graces of DC that people get to keep their money, but it shows how biased the reporters are.

The term "raise revenue" being used for "taking peoples' money", the way the writers embrace a nativist "tax break for US research" that will discount a tiny fraction of money compared to the higher taxes proposed overll -- and only if the companie behave the way Obama wants them to -- and the way the tax increases are termed "savings" for the government. Incredible.

Here is a great article on why government insurance for bank deposits is a BAAAAAAD idea!

As Gard mentioned in the production for 4-29-09, this is the kind of thing about which free market economists have tried to warn people for years, and yet the gubment wants to EXPAND the purview of the FDIC to have them cover municiple debt and take over hedge funds and insurance companies!

Scary, Count Floyd, scary!

http://www.thefreemanonline.org/featured/do-we-need-deposit-insurance/

Be Seeing You!

As has been discussed in the Liberty Conspiracy Audio, there is no ethical justification for government involvement in so-called "protection" against viral pathogens, or any naturally occurring threat. In fact, there is no ethical justification for government at all.

Here is a good example of how reliance on government to "protect" against sickness makes the decisions anti-economic, and not as responsive as the private market responses would be.

KILL THE PIGS could be the motto for this kind of nonsense!

http://news.yahoo.com/s/ap/20090430/ap_on_he_me/eu_swine_flu_drastic_mea...

Be Seeing You!

Take a look at this. The WSJ and other news agecies are trying to say that a DECREASE in GDP concurrent with an INCREASE in consumer spending relative to the quarter before is somehow GOOD.

The only thing this indicates is lower productivity during a time when central banking an government spending are starting to inspire changes in consumer behavior that will lead to higher prices. Duh.

In addition, note that the consumer spending numbers are LOWER than a year ago at this time, they are just 3 % NOT AS LOW as the last quarter. OH, BICYCLE REPAIRMAN, WE'RE SAVED!

Here are two reports to see, from the WSJ. Note how they are presented:

http://online.wsj.com/article/SB124100763955368325.html

In a free society, no non-participant to transactions and investments would be able to interfere with private contract. Private arbiters would be utilized, and companies that were in financial trouble would not be so easily "forgiven" of their debt by artificial government rules. Basically, bankruptcy laws alow debtors to defraud those who are owed money.

God forbid that anyone engaged in free enterprise should become successful!

http://www.nytimes.com/2009/04/29/technology/internet/29google.html?_r=1...

They would do it in the US if they could get away with it. As it stands, your productive income is stolen to the tune of 40% in some cases in the States.

Here's the story of Gordon Brown, you know, the PM who looks uncannily like Terry Jones, of Monty Python.

"LONDON, April 27 -- Composer Andrew Lloyd Webber called it "the final nail in the coffin" for the British economy. Actor Michael Caine threatened to move to the United States because of it, and one of Britain's top soccer coaches said it could undermine the national sport.

The NY Times Reports:

"The chairwoman of the Federal Deposit Insurance Corporation, Sheila C. Bair, said in a speech on Monday that her agency should have broader powers to take over and close a variety of financial institutions to prevent taxpayers from shouldering the losses on firms deemed too big to fail."

For moah, go here, if you DARE!!!!!

Compare the reporting by the "Washington Post" and the incisive writing of Larry Kudlow.

First, the Post: http://www.washingtonpost.com/wp-dyn/content/article/2009/04/27/AR2009042700872.html

Then, see what's really happening, the bond holders are being screwed in favor of unions in a patently unconstitutional move by the feds. Kudlow reports on it:

"Monday, April 27, 2009

Geithner: The Fox Guarding the Henhouse?    [Larry Kudlow]

Take a gander at this piece from Louisiana, this paper chosen to highlight how one Dem Congressman uses the phrase "WE shouldn't be penalizing..." One wonders: Since when did Charlie Melancon become an executive at a credit card company?

WE, indeed. Anyone ever read the novel of the same name, which was banned in the USSR? The "we" here is the state, which is always opposed to individual sovereignty.

Yep. Since the World Bank runs off the backs of taxpayers, we hope you'll enjoy the warm feeling of having your cash taken to "improve" the world.

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/22/AR200904...

Here's a great piece by James Bovard about what the World Bank does to "developing nations":

http://www.thefreemanonline.org/columns/the-world-bank-vs-the-worlds-poo...

Here's one by Jude Blanchett, back when he was an economics student at Loyola:

http://mises.org/story/1212

Anyone think their "Investment" in GM (IE the tax money taken from them by the feds) will be repaid?

http://www.bizjournals.com/atlanta/stories/2009/04/20/daily69.html

Timmy Geithner offered this little gem yesterday as he testified before a special Federal Commission:

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/21/AR200904...

In other words, if the recipient banks don't want to answer to the feds any longer, and they want to pay back the bailout cash, the government can deny the request and CONTINUE to control them! The lesson? Never make a deal with the Devil.

A great, short piece by Umair Haque, of Havas Media Lab:

The Real Pirate Bay

6:23 PM Saturday April 18, 2009

Set up a torrent tracker, get fined, go to jail.

Join a bank, destroy the economy, profit.

Let's draw out the distinction.

The Pirate Bay guys were criminally prosecuted for....violating (largely obsolete) copyright. Almost no one in finance has been held even civilly liable for vastly more economically damaging actions.

On the one hand, we have damages worth maybe (maybe) a few million. On the other, a few trillion.

This is a most forbidding harbinger of things to come...

Rememeber, this is not only unconstitutional, eploying an open-ended interpretation of the interstate commerce clause of Article One, it represents a divergence from British Common Law for torts. The regulations are predicated on the idea that the government needs to step in to stop "Americans" from being hurt by CO2, but this over reaches. According to Common Law and Tort Law, damage claims are supposed to be heard in COURT, and only PEOPLE can bring suits for damages, NOT abstract titles called governments in pre-emptory fashion.

There is no government-run train service that has ever run in the black, period. If there were a market for this, people would be willing to invest in it with THEIR OWN MONEY.

All government programs are, by definition, reductions in the productive capacity of the people living under the yolk of that government.

http://news.yahoo.com/s/ap/20090416/ap_on_go_pr_wh/obama_rail

There is no government-run train service that has ever run in the black, period. If there were a market for this, people would be willing to invest in it with THEIR OWN MONEY.

All government programs are, by definition, reductions in the productive capacity of the people living under the yolk of that government.

http://news.yahoo.com/s/ap/20090416/ap_on_go_pr_wh/obama_rail

As indicated in the Liberty Conspiracy Audios, the Securities and Exchange Commission will investigate and possibly fine individual US citizens if they disclose the names of investment houses or lending institutions that are in bad financial shape. Soooo, the first amendment is all but done on that front. Enjoy freedom. Then, the federal government, which is telling us that IT is keeping track of the solvency of the financial world, that veery same fed gubment tells us that they will not release any specific information in that regard.  Nope. No specifics, kids. Just fly blind when it comes to the risks of the market. Nice.