EPA has No Answer (on) Why They Didn’t Inform Public About Lead Water 1 Yr Ago

As we’ve said before, imagine if a private company knew that Flint’s water was full of lead for A YEAR and didn’t make sure the public knew about it one way or another?

But the EPA? Well, there are rules for private citizens and then there are rules for cronies in government. (As we see time and again.)

Read More

The Question Bernie Supporters Won’t Answer (VIDEO from Tom Woods)

For a pro-free enterprise site we are pretty nice to Bernie Sanders. We respect the dogfight he’s in right now and he’s an interesting guy. But…Well, we’ll let Tom address some of the issues.

If you comment on this one please watch the entire video.

Read More

Citibank: World economy trapped in ‘death spiral’

The universe has patterns. Either go with the flow or pay later. Looks like we are “paying later.”

A serious recession would be terribly trying particularly in light of the geopolitical jockeying going on right now. Acute financial pressure, and it is already acute in some parts of the world, makes for instability. Leaders do stupid things when countries are in economic pain.

Read More

Chuck Todd asks Senator Ben Sasse: What is a conservative? (And are American “conservatives” really conservative?)

I have become a big fan of Senator Sasse. His definition of “conservative” is I think right on the money. Though I would say that the term “conservative” doesn’t really feel right to me these days. I would argue that what is today called conservative, very limited government, rule of law, generally an affirmation of The Enlightenment in many respects, is actually quite forward thinking and not retrograde as the term “conservative” implies. I don’t think most “conservatives” want to conserve the massive and intrusive state which this country has been saddled with since the Wilson administration.

Read More

Sanders Fundraises Off Goldman CEO Blankfein’s Comments

He should, and in this very narrow statement Sanders is almost correct. What Sanders does not mention however is that the reason Goldman Sachs acted the way it did, indeed why it COULD act the way it did in the lead up to 2008 was because its “greed” was facilitated by the Federal Reserve. The central planners wanted Goldman Sachs and the other banks to leverage themselves out. This was the goal. The Great Recession was created by the Federal Reserve,

Read More

Goldman (Government) Sachs Says It May Be Forced to Fundamentally Question How Capitalism Is Working (Funny, Goldman doesn’t like capitalism anyway)

Goldman was President Obama’s number 1 private contributor in the 2008 election.

Goldman should be dead. Door knob. A chapter in American finance history, but a chapter about the past. It should no longer exist. It is not an example of American capitalism. It is crony capitalism at its worst. It is a bailout bank. It took from you because of its mistakes and “profited” with ill gotten funds. You kept Goldman Sachs alive. The government gave you no other choice.

Read More

OU professor: Youths’ attraction to Sanders shows education failure (Socialism is the economics of the dim and the jealous)

Just – right – on – center.

Crony capitalism is a form of socialism and socialism is a dead end. It makes people poor and it is morally bankrupt.

That isn’t to say that opposing the current order isn’t a good thing. It is. But we live under too much socialism as it is. Free the market. Have a better life.

Read More

What is The War on Cash? Why should we be concerned? Will cash soon be banned? Will your pay soon be locked within the banking system? (VIDEO)

Joe Salerno, Pace University economist and Mises academic vice president explains why we should be very concerned with the emerging war on cash. This is a concept with which all of our readers should be at least somewhat familiar. It will affect your life and it is becoming an important issue very quickly as the world economy appears to be trending downward.

The war on cash is a war on everyday people.

Read More

The war on cash continues, a dispatch from the German front

Central banks don’t like cash, particularly when they want to impose negative interest rates on a failing global economy. (If banks were to offer negative rates cash would provide a yield and as such few would put money in the bank. The central bankers are very afraid of this scenario because it takes control away from them.) Central governmental authorities don’t like cash either because they can’t track each and every transaction for tax purposes if people do business in cash.

Read More

A Golden Age for Pentagon Waste

As we have often noted, one of the giant logs stuck in the eye of many conservatives, people who typically argue for smaller government, is that they often defend military spending with little reservation. Defense, we are told is enumerated in the Constitution and as such is a legitimate expenditure. And yes, defense, is enumerated in the Constitution. Massive unchecked spending, undeclared wars, and bases around the world are not however enumerated in the Constitution.

Read More

Health Insurance, Drug Lobbyists Continue to Fuel Clinton Campaign

Ms. Clinton recently said that the drug companies were her “enemies.” Really? So why is she cashing all the giant checks from the drug companies then? She must really hate them, and they her. No way she’s throwing out soundbites to throw voters off of her donor scent. That isn’t like Hillary Clinton. She’d never do that.

Read More

Unions, trial lawyers, government agencies, enviros, engage in crony capitalism too

Yesterday we covered an article in Newsweek where the author took issue with much of what he believed (and is) the hypocritical nature of some of the Republican candidates for president on the issue of crony capitalism. Marco Rubio and his embrace of sugar subsidies, an issue for which this website has taken him to task, was the prime example.

But the Newsweek piece was a clearly partisan one.

Read More

The Fed wants to see what happens if it moves to negative interest rates

It wants to see via a “stress test” of banks. But even with the Fed raising a quarter point recently, so called liftoff, the general trend globally is in the opposite direction. Japan just moved to negative rates. There are smatterings of negative rates to be found throughout Europe. Canada is playing with the idea of negative rates.

Read More