The Anger of the Unprivileged Is Rising Globally

This goes nicely with the previous post.

People are waking up. They are using the information at their disposal. Do not take this information for granted.

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Legalized pot in N.J. a $300 million tax jackpot?

Pot should be legal. It should be totally legal. (Not that we condone its use.) Saying that, under the Constitution and per the 10th Amendment, cannabis is an issue which the states individually should decide. In many respects, in the most obvious case of legal nullification to date, that is exactly what’s going on across the nation. This is legitimate progress. Legal cannabis isn’t going to end the world. The sun will still come up. People will still go to church.

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European Union co-funded Cannes winner “I, Daniel Blake” (A subtle propaganda?)

Cocktails and only the right kind of politics please.

I have to say that I was not in Cannes this year as I had kids to take care of, the dog needed a bath, and my Learjet is in the shop. (Maybe next year.) Nor have I seen I, Daniel Blake. (Which I have no doubt is extremely well done.) But it is interesting that the most celebrated movie of the festival was funded to some extent by the European Union.

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Chicago’s Pension-Fund Woes Just Became $11.5 Billion Bigger

The folks in Washington are trying to bail out Puerto Rico with taxpayer money. Watch, as Illinois and other states and cities with massive government sectors and high taxes continue to crumble they will start agitating for their own bailouts. Again I say it’s time to consider carving out the big cities. They seem to hold the rest of the country in contempt anyway. I say let the big government islands bail themselves out if they fail to come to terms with fiscal reality.

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America’s Red-Tape Machine Ensnares Millions of Young Have-Nots

Occupational licensing in most cases is simply a crony ploy. It’s not about public safety. It’s about creating barriers to entry for people seeking to business in the marketplace. On net such licensing hurts society and particularly the young and the relatively less well off.

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The Clinton Business Model . . .A case study in what to expect from a Hillary Presidency.

Many people in government, in the political class, think they can do this sort of thing forever. That in the end the voters either don’t understand, don’t care, or hopefully both. That in the end many voters will just vote for whatever candidate because that candidate is of the same party, or same gender, the same ethnicity or some combination. To date the American political class has been correct in its assessment.

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“It is really crony capitalism…that has kept the human race poor over the millenia.” – Hunter Lewis co-founder of ACC (VIDEO)

Hunter Lewis is my partner at Against Crony Capitalism and he is someone everyone who cares about the issue of crony capitalism, Left, Right, up, down, whatever, should listen to and read. Attached is a recent interview that he did on the subject. I think you will find it very worthwhile. Enjoy.

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Competitive Capitalism at Work (PIC)

The chief reason we have witnessed miracles like the one below (and truly it is a miracle) is because unlike most industries tech has operated with minimal regulation and has remained highly competitive. In tech, success comes from out innovating one’s competitors not in getting in tight with the right politicians and regulators. (At least this has been the case though Google seems to be getting cronier by the day.)

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Back in the EUSSR: What happens when a member of EU parliament tries to read the new “free trade” deal, the TTIP (VIDEO)

Who would want to be part of this system? Of course our own representatives had to go through a similar process to read the Trans Pacific Partnership. There was literally a room in the Capitol which was under lock and key where Senators and Congresspeople had to go to get a glimpse. The restrictions on copying Etc. were similar. This is the modern administrative state. This is modern “democracy.”

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How the FDA Is Helping Big Tobacco and Encouraging Teen Smoking

I smoked for 10 years. This experience is one of the chief reasons I am generally for the legalization of drugs.

Tobacco is a bear. It’s not something one should cozy up with. It robs one of vitality and it turns one into an annuity for for the tobacco companies, and now the states which reap huge tax revenue. It’s dumb. It’s stupid. It smells. It’s very unattractive.

More disgusting than smoking however are the anti-smoking zealots who seem to take special joy in getting into other people’s business.

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Too much is being made of The Economists crony-capitalism index

The man who founded the religion which gave crony capitalism a degree of respectability for too long. J.M. Keynes.

We absolutely agree. As we have said in the past the effort is laudable and we will continue to watch it. And it appears that the folks at The Economist are heading in the right direction. The most recent edition is much better than the initial effort for instance. Our hope is that this trend will continue.

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Former Facebook Workers: We Routinely Suppressed Conservative News

Facebook is a private company and it has a right to do whatever it wishes with its platform. We will also say that Facebook has been an excellent outlet for ACC generally. But the issues presented in the attached article from Gizmodo should be aired and they are of concern. Facebook is a widely trusted brand. Everyone uses it, “liberals,” conservatives, libertarians, everyone. Facebook should seek to maintain this trust. It’s one of the things which makes Facebook such a special and truly great company.

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