Archive for March, 2008
John Lott’s latest pro-Bush column for Fox News is very unsound, to say the least. Lott cites the government’s shoddy statistics to prove his point that there is no recession. It’s all a myth created by the media, he says. Worse yet is his endorsement of Ben Stein’s notion that “if” a recession happens, it [...]
The government put singer Sean Levert behind bars for the hideous “crime” of not paying child support. And there he died, another victim of the state and its ruthless wars against non-criminals.
The financial and regulatory news continues to unravel like a bad sci-fi movie. The Fed would become the government’s “market stability regulator,” given sweeping powers to gather information on a wide range of institutions so that Fed Chairman Ben Bernanke and his colleagues could better detect where threats to the system might be hiding. …Under [...]
For several months there have been stories circulating about the shortage of hops and barley. Thanks to the government’s policy bias toward corn-based ethanol (an industry built upon federal subsidies), farmers are planting corn instead of hops or barley. This mostly affects craft beer makers because they can’t absorb the higher costs like the bigger [...]
Funny thing is, the people who say these things, and the people who look to them for guidance, actually see some value in it all. Band continued: “We’re in a critical stage for stocks right now, what technical analysts call the ‘right shoulder’ of a head-and-shoulders bottom. The left shoulder formed on March 10, when [...]
This is what happens to people who sell out for slots in the New York Times: Tyler Cowen, in his latest column (bold is mine): Starting in the 1920s, Ludwig von Mises, the leader of the so-called Austrian School of Economics, charged that socialism was unable to engage in rational economic calculation. Without market prices, [...]
A Dutch documentary about the coming collapse of the US dollar. (Features Stephen Roach and Peter Schiff.) Here’s the Euro-to-US dollar exchange rate. We remember Jim Cramer calling for the Fed to open the floodgates for Bear Stearns. And Cramer told us we hit the bottom last year, so there’s nowhere to go but up. [...]
And this was well before The Age of Obesity.
At Boing-Boing: in the name of protecting “intellectual property,” big media companies are willing to do such violence to the idea of real property — arguing that since everything we own, from our t-shirts to our cars to our ebooks, embody someone’s copyright, patent and trademark, that we’re basically just tenant farmers, living on the [...]
This is perhaps one of the most kooky and creepy Security State tactics that I have come across: the EMD safety bracelet, which is being billed as the “last line of defence.” A company called Lamperd Firearm Training Systems (scroll down) is trying to commercialize this item as an “airline security product.” The company’s video [...]