Economics

Bailout Fever Sweeps the Globe! From Iceland to the UK, and Back to the US, Line Up, It's DOLE TIME!

Cue TV News "Swoosh" Sound!

The lines have already formed for the handouts in the US, from auto makers to bankers, it's Halloween time to get treats at the taxpayers' expense! http://www.msnbc.msn.com/id/27373962

Sheldon Richman Defends Libertarians Against Jacob Weisberg, of "Slate" and "Newsweek", Who Blames the Philosophy for "Meltdown"

Well done, Sheldon R!

Check his interview with Gard, posted last night at the website and iTunes.com!

Here is his new piece:

http://www.fee.org/in_brief/default.asp?id=2426

Orson Scott Card on Journalists and the "Financial Meltdown"

While the fantastic writer, Card, might not go as far as some in distancing himself from party politics, he is right on about truth in journalism, and the financial "meltdown". For those thinking of voting, take a look at his piece, which spells out the double-standard the pop media have when it comes to "scandals" for Republicans versus the wrongdoing of Dems.

Pickens "Plan" Picks up Steam - Will Nab Him Billions from Taxpayers, Bernanke Spends More on "Paper"

We have to give some props to the pop media when they actually give a degree of thought to composing a story. In this case, the issue is the so-called "Pickens Plan", and the authors of the report actually took a few moments to look into (although it's cursory, and could go even deeper) the financial interest T. Boone Pickens has in getting the CA and federal gubments to start "funding" natural gas programs.

Newburyport Mass. Bans "Bad Food" in Privately Packed "School Lunches"

“It’s irresponsible for government to attempt to legislate us into being thinner and healthier,“ said J. Justin Wilson, senior research analyst at the Center for Consumer Freedom.

Well said. But unfortunately, there are too many PC-hippie dummies out there, suckling off the education administration bottle. Here's the story, for your... amusement?

http://news.bostonherald.com/news/regional/view/2008_10_18_Newburyport_bans_junk_food_in_schools:_The_Candy_Man_can_t!/srvc=home&position=7

Have Fed Gubment Penalize "Shipping Jobs Overseas"? How About "Shipment of Jobs Outta State?"

.. or better yet, how about politicians finally recognize that borders are arbitrary creations that impede the free flow of capital and labor? How about they notice that the more regulations and taxes they place on domestic business, the more inclined these business people are to move their operations to less burdensome environments?

Here is a little something Gard mentioned in his Thursday night - Friday morning cast. It's a nice way to counter people who say US businesses get "tax breaks" for shipping jobs overseas.

http://www.taxfoundation.org/blog/show/23768.html

Becky Akers on "Unprecedented" Power Grabs by Federal Branches, from FEE!

Ms. Akers does excellent work.

Take a look at her article, cited in Gard's latest audio, currently posted at the LC!

http://www.fee.org/in_brief/default.asp?id=2405

Robert Higgs, on Pop Media Claim that Credit Is "Clogged", and Feds Need Your Tax Dollars to Play Plumber

Leave it to Robert Higgs, of the Independent Institute, and author of such epic books as "Crisis and Leviathan", to flush this canard down the supposedly clogged tubes!

http://www.independent.org/blog/?p=293

Check Out These Creations by Fellow Free Marketeers! F. Paul WIlson's New "By the Sword", diLorenzo on "Government Volunteers"

It's HERE! The NEW Repairman Jack novel is now available!

F. Paul Wilson looks back to one of his best books, "Black Wind", and builds the tension for the man known only as Jack, in this new hardcover in the series. As Gard mentions in the cast for 10-14, it's one of the most engaging series of novels he's ever read. Buy it ASAP!

Also, Gard mentioned in the 10-14 cast a piece by Tom diLorenzo, the excellent economic historian. It's all about fraudulent government "volunteers", and it's great. Here is the link!

http://www.fee.org/PUBLICATIONS/THE-FREEMAN/article.asp?aid=5624

cover of By the Sword: A Repairman Jack Novel (Repairman Jack)By the Sword: A Repairman Jack Novel (Repairman Jack)

In the UGH File!: Statist Paul Krugman Recieves Barnes and Nobel Prize for Economics

Those unfamiliar with our pal Paul's theories, well, they're lucky in many ways.

Here's the story, from a piece just written by EL G:

“The Ignoble Nobel”
October 13, 2008
P. Gardner Goldsmith

Treasury to "Buy Stakes" in Private Banks

Nothing more stirring than a government constrained by its "limited powers"!

http://news.yahoo.com/s/ap/20081012/ap_on_bi_ge/financial_meltdown

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

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