The case for free-market anticapitalism (“it takes a government to do a death camp”)

“As Deirdre McCloskey put it:

“Anyone who after the 20th century still thinks that thoroughgoing socialism, nationalism, imperialism, mobilization, central planning, regulation, zoning, price controls, tax policy, labor unions, business cartels, government spending, intrusive policing, adventurism in foreign policy, faith in entangling religion and politics, or most of the other thoroughgoing 19th-century proposals for governmental action are still neat, harmless ideas for improving our lives… is not paying attention.”

This is an excellent essay.

Read More

Yellen opposes the people auditing the Fed, says Federal Reserve officials need safe spaces to make decisions

Audit the Fed and then end it.

Yellen and the Fed bankers think they’ve weathered the storm. That the shamans of the “Temple” will be able to shuffle around in the shadows of the financial Vatican hidden from the view of the people they impact for another generation. They believe that they are above the public, and that the Fed’s actions, which impact the world dramatically, don’t need the kind of scrutiny one might expect in a free society.

Read More

Fed official in effect says that competition and lower prices for consumers are bad for the economy and must be offset by Fed policy!

Yeah, I mean who wants lower prices and a higher standard of living anyway right? Screw that. We want higher prices and less for each dollar we earn. That’s much better.

Read More

This is what globalized crony capitalism looks like, GE’s (former) CEO Jeff Immelt

He was one of the crony “kings” until yesterday. Once the toast of the Obama White House, (he headed the “Jobs Council”) the shareholders of General Electric gave him the ole’ heave ho earlier than expected.

Of course Immelt leaves the scene an extremely wealthy man and much of this wealth comes courtesy of US taxpayers.

Read More

Son of NAFTA? : Trump agrees not to terminate NAFTA treaty ‘at this time,’ will attempt renegotiation: White House

NAFTA probably deserves to die outright. It is a crony arrangement and is a great example of how what is often called “free trade” is actually managed trade. Managed for vested interests that is. 

As Mises.org pointed out in 2015,

Murray Rothbard opposed NAFTA and showed that what the Orwellians were calling a “free trade” agreement was in reality a means to cartelize and increase government control over the economy.

Read More

FLASHBACK —— Latest Wikileaks Releases Boost Case for DNC Class Action Lawsuit (Because the DNC allegedy rigged the primaries for Hillary)

Uh oh. No wonder they fired the entire DNC staff this week.

That this really happened and that a wounded mainstream meadia continues to try to push the Russian collusion narative at any and all cost is remarkable. The old media, the #cronymedia, and the Clintons thought they had it in the bag.

Boo, friggin, hoo for them.

Though Bernie was/is utterly clueless on economic issues, at least the guy doesn’t make you want to take a shower after shaking his hand.

Read More