Commentary

Argentina’s politicians should read Mises

November 27, 2013
posted by

Ludwig von Mises Institute
by Ivan Carrino  

"In a system of flexible exchange rates, the central bank limits its activities to controlling the money supply. Therefore, the price of foreign currency acts only as an indicator of the correctness or incorrectness of its monetary policy. Under a system of foreign exchange controls, however, the central bank rations foreign currencies by, for example, selling dollars at an arbitrary below-the-market-level price to some specific privileged groups. In the specific case of the Argentine cepo, the central bank prohibits the purchase of dollars by people who want to save but allows importers or those who travel abroad to buy at the official rate, with strict controls over the amount delivered. In addition, it also sells dollars at official prices to those that use credit cards while abroad, although a tax charged increases the exchange rate by 20 percent." (11/27/13)

http://mises.org/daily/6598/Argentinas-Politicians-Should-Read-Mises  

No Comments »

The end of surface warfare?

November 27, 2013
posted by

Daily Anarchist Daily Anarchist
by Roman Skaskiw  

"Consider which you would rather be: a soldier trying to hit ships with missiles or a sailor trying to hit missiles with bullets. For the former, a five percent success rate can mean victory. For the latter, a ninety five percent success rate can mean defeat. During the Falklands War, two British ships were sunk and a third damaged by Exocet missiles. Missile technology has surely improved since 1982, and so have countermeasures. Which would you bet on? More importantly, which would be easier to finance: missiles or aircraft carrier fleets? There are implications here for the anarcho-libertarians speculating about private defense."

http://dailyanarchist.com/2013/11/27/the-end-of-surface-warfare/  

No Comments »

The Iran-US accord: A transformative event

November 26, 2013
posted by

The Nation
by Bob Dreyfuss  

"President Obama yesterday rightly slammed opposition to the US-Iran deal that was reached over the weekend. The critics, unfortunately given far too much time by the media, are in a frenzy to stop the deal. They’re using extreme and overblown rhetoric and throwing everything that they can into the mix. It’s Munich! Iranian suitcase bombs will be blowing up in New York! We can’t negotiate with terrorists! What about human rights?! And so on. But the accord is a done deal, and its effects are already being felt. The Iranian currency, the rial, is strengthening, and oil prices are falling." (11/26/13)

http://tinyurl.com/loupax6  

No Comments »

How to win the assisted-suicide debate

November 26, 2013
posted by

San Francisco Chronicle
by Debra J. Saunders  

"Dilbert cartoonist Scott Adams wants to kill Victoria Reggie Kennedy, Ted's widow. He also wants to kill my husband, author and anti-assisted-suicide activist Wesley J. Smith, and me because I, too, oppose assisted suicide. 'If you're a politician who has ever voted against doctor-assisted suicide, or you would vote against it in the future, I hate your f-ing guts and I would like you to die a long, horrible death,' Adams blogged Saturday as his 86-year-old father approached 'possibly months' of 'living Hell' ending in a bad death. ... Adams later added that his father had died a few hours after the post." (11/26/13)

http://tinyurl.com/mytmj8f  

No Comments »

One cheer for surrender

November 26, 2013
posted by

Independent Institute Independent Institute
by Angelo M. Codevilla  

"A generation of American statesmen had dreamt of staving off Iran’s nukes. But the Clintonian Liberal Internationalists’ offers of development aid never stood a chance of derailing a project that is dear to Iranians of all political stripes. Nor did some Bushy Neocons’ talk of 'regime change' or other Bushies’ empty threats of 'surgical strikes' frighten the Iranians away from it any more than did the Obamians’ 'smart sanctions.' Preventing Iran from going nuclear would require war." (11/26/13)

http://www.independent.org/newsroom/article.asp?id=4807  

No Comments »

Is US preparing for war against China?

November 26, 2013
posted by

Come Home America Come Home America
by Kevin Zeese  

"A war with China sounds like an absurd, really insane, plan but Americans who oppose war need to wake up to that possibility and begin to organize against it. US News and World Report ran an article in 2011 saying war between the US and China may be inevitable. The Diplomat ran a five part series on the nightmare scenario of US was with China. The US and Japan have conducted war games off of California simulating an attack on China, Australia joined the two countries in war games as well and the US and Philippines have run war games in the South China Sea." (11/26/13)

http://tinyurl.com/l58m3fa  

No Comments »

Corporate espionage undermines democracy

November 26, 2013
posted by

Reuters
by Ralph Nader  

"It’s not just the NSA that has been caught spying on Americans. Some of our nation’s largest corporations have been conducting espionage as well, against civic groups. For these big companies with pliable ethics, if they don’t win political conflicts with campaign donations or lobbying power, then they play dirty. Very dirty. That’s the lesson of a new report on corporate espionage against nonprofit organizations, by my colleagues at Essential Information. The title of the report is 'Spooky Business,' and it is apt." [editor's note: Despite its glorification of "demoncrazy" as the goal, this is pretty good - SAT] (11/26/13)

http://tinyurl.com/m9uys9h  

No Comments »

Never trust a costumed stranger

November 26, 2013
posted by

William Norman Grigg Pro Libertate
by William Norman Grigg  

"Within the space of seventy-two hours last weekend, three women were detained and sexually assaulted by armed strangers in official-looking costumes. Two of those incidents occurred in Texas, the other happened in Minnesota." (11/26/13)

http://tinyurl.com/o8zypog  

No Comments »

Five reasons I stopped taking the news seriously

November 26, 2013
posted by

Freeman's Perspective
by Paul Rosenberg  

"Back in the early 90s, I felt a need to understand politics far better than I had, and I spent a lot of time and effort on it. Along the way -- and partly by accident -- I learned a few things that put me off broadcast news ever since. Here are five of those stories." (11/26/13)

http://www.freemansperspective.com/stop-taking-the-news-seriously  

No Comments »

Don’t be thankful for tyranny

November 26, 2013
posted by

LewRockwell.Com
by John W. Whitehead  

"I will be the first to acknowledge that there is much to be thankful for about life in America, especially when compared to those beyond our borders whose daily lives are marked by war, hunger and disease. Despite our kvetching, grumbling and complaining, most Americans have it pretty good compared to less fortunates the world over. Still, I’d be remiss if I didn’t point out that all of our so-called blessings will amount to little more than gilding on a cage if we don’t safeguard the freedoms on which this nation was founded. And if there is one freedom in particular need of protecting right now, it is the Fourth Amendment, which has been on life support for quite some time." (11/26/13)

http://tinyurl.com/o6763cq  

No Comments »

Five Christian right delusions about history

November 26, 2013
posted by

Salon
by Amanda Marcotte  

"The Christian right is most known for their denial of inconvenient science, but in many respects, they’re just as bad when it comes to the facts of history. After all, no matter what the topic, they know they can just make stuff up and their people will believe it. So why not do the same when it comes to political history? Here are five examples." (11/26/13)

http://tinyurl.com/jvknrk8  

No Comments »

Ballot box charity

November 26, 2013
posted by

Foundation for Economic Education Foundation for Economic Education
by Douglas French  

"Any person with the faintest bit of economic understanding knows if you set a price for anything above the market price, demand for that product or service will decrease. Workers who don’t provide output greater than the minimum will not be hired or will be fired. We never know how many workers don’t get hired in the first place because of this silly old policy. So some of these low-skill workers never make work a habit. The bottom rung of the economic ladder gets removed. And yet most Americans are clueless -- at least if a recent outbreak of minimum wage ballot initiatives is any indication." (11/26/13)

http://www.fee.org/the_freeman/detail/ballot-box-charity  

No Comments »

A little light in the dark corridors of power

November 26, 2013
posted by

Our Future
by Jeff Faux  

"The deeper you are in the inner sanctums of power, the slower you are to get disturbing news from the rest of the world. So, I suppose it should be no surprise that it has taken so long for a prominent member of the American policy elite to suggest openly to his colleagues that the core assumption upon which they have been managing the economic crisis might be dead wrong. Four and a half years after the current 'recovery' began, economic pain remains widespread. Wages and incomes are still falling, the share of jobless working age people has not declined, and hunger and homelessness are rising. Yet the Washington/Wall Street message to the rest of America remains: Have patience." (11/26/13)

http://tinyurl.com/mgsv6xd  

No Comments »

Green energy: The rotary dial phone of the future

November 26, 2013
posted by

Heartland Institute Heartland Institute
by Marita Noon  

"The whole idea of green energy -- renewable resources -- grew out of an energy reality that was much different from today’s. It was in the 1970s, following the OPEC Oil Embargo that solar panels began popping up on rooftops and 'gasohol' subsidies were enacted. It was believed that green energy would move the U.S. off of foreign oil and prevent oil from being used as a weapon against us. Today, that entire paradigm has been upended and OPEC’s power has been virtually neutered by increasing domestic oil production and decreasing gasoline consumption." (11/26/13)

http://tinyurl.com/ka6upur  

No Comments »

Armoured libraries and survival of culture and law

November 26, 2013
posted by

Libertarian Alliance Libertarian Alliance
by David Davis  

"It’s no use now, even if we piled all the residual knowledge not already there, of all things useful into things called 'libraries' -- be they physical stacks of books and papers hundreds of miles long such as the Bodleian or the British Library or whatever. The Dark-NewAgers that form the 'action cadres' of the British PoliticalEnemyClass, directed by GramscoFabiaNazis at the pinnacles of power in politics, the media and elsewhere, can go in with dump-bins, flamethrowers, shredders and whatnot, at any time they like, for actually they 'own' the infrastructure where the stuff is being kept. Nobody has said that bookburning is over yet, and I’m sure that the buggers will be highly selective. I’m beginning to think that what serious thoughtful libertarians need to do is start accumulating copies of whatever material they have ever thought was useful, instructive, skills-based or made any positive contribution to human advancement." (11/26/13)

http://tinyurl.com/mzjquo9  

No Comments »

Scrap the welfare state and give people free money

November 26, 2013
posted by

Reason Reason
by Matthew Feeney  

"A guaranteed income would reduce the humiliations of the current welfare system while promoting individual responsibility." (11/26/13)

http://tinyurl.com/k8jdc39  

No Comments »

Karen Weldin Stewart does exactly what you’d expect for 12,000 people who lost their insurance: Less than nothing

November 26, 2013
posted by

Delaware Libertarian
by Steve Newton  

"In other words, KWS and her corporate cronies have created this pseudo-renewal agreement to create the impression that they have offered something substantial to the 12,000 Delawareans who have lost their insurance during the past several months because of ACA guidelines. It's obvious why they need to create this impression, but perhaps you'd like to know why the insurance companies don't really want to renew any of those policies. The simple fact is, based on the available Federal subsidies, Highmark and Aetna (the only two corporations on the market since Aetna bought Coventry) will make FAR MORE profit on the new policies than they did on the old ones." (11/26/13)

http://tinyurl.com/kj8v89l  

No Comments »

The case against progress

November 26, 2013
posted by

The American Spectator
by Marta H. Mossburg  

"It’s very alluring to think that humans are inherently good and only need the right messaging or appropriate government prompts to create a more perfect union and world. But it requires a permanent state of cognitive dissonance to accept it as true." (11/26/13)

http://spectator.org/articles/56868/case-against-progress  

No Comments »

No Radel treatment for poor blacks and hispanics

November 26, 2013
posted by

Bumper Hornberger Future of Freedom Foundation
by Jacob G. Hornberger  

"Trey Radel must be counting his lucky stars for being white, prominent, influential, and powerful. He’s a Republican congressman from Florida who recently pled guilty of buying cocaine from an undercover narc in D.C. and received an absolutely sweetheart deal .... I don’t begrudge Radel, just as I don’t begrudge people other high government officials for never having been punished by the state for possessing illicit drugs. I think it’s great that Radel escaped any punishment for his drug offense. My beef is with the fact that countless blacks and Hispanics don’t get the same treatment and never have and never will." (11/26/13)

http://tinyurl.com/l23ry7n  

No Comments »

Occupy’s success will take a lifetime

November 26, 2013
posted by

In These Times
by Nick Espinosa  

"Occupy Wall Street brought previously siloed issues under a big tent and sowed the seeds of revolutionary change that have yet to bear fruit. Richards is wrong when he denies that the movement’s lack of formal structure was a cause of its demise. And I couldn’t disagree more with his idea that we just need to wait until conditions are more conducive to organizing. There has never been a more opportune moment to fight for the world we need for our collective survival -- but success will take a lifetime of committed and intentional work." [editor's note: For those of us who were around in the LP's early days, this is eerily familiar - SAT] (11/26/13)

http://tinyurl.com/kpn2vno  

No Comments »

The insurance industry’s pre-existing condition: Greed

November 26, 2013
posted by

CounterPunch Counterpunch
by Paul Krassner  

"In the process of enrolling in the Medicare Advantage plan, we were told that we would have to pay a penalty because we hadn’t joined a Medicare (or any other 'creditable') prescription drug coverage. We were never informed about that requirement, which began in 2006. Since we’ve always avoided taking prescription drugs, we never felt the need for it. I called the Health Insurance Counseling Advocacy Program and learned that the penalty would be $32 for each of us. That means $64 every month for the rest of our lives. It seems somewhat absurd and unfair that we could be penalized for not taking any prescription drugs. Ironically, 'This penalty is required by law and is designed to encourage people to enroll in a Medicare Drug Plan when they are first eligible,' yet we had no way of knowing there was such an option to consider." (11/26/13)

http://tinyurl.com/k38ovxu  

No Comments »

Flying higher

November 26, 2013
posted by

Don Boudreaux Cafe Hayek
by Don Boudreaux  

"The Newhart-Pleshette characters in that show are successful urban professionals living in Chicago. How likely is it today that successful fortysomething urban professionals in America have such infrequent opportunities to fly that a person surprises his or her spouse, after several years of marriage, with the news that he or she is afraid of flying? Not very, I think. The fact that that show featured the Newhart character being surprised to learn that his wife is afraid of flying reveals, quite accurately, that commercial air travel in 1972 was a relatively rare event." (11/26/13)

http://cafehayek.com/2013/11/flying-higher.html  

No Comments »

Nobody wins when you go nuclear on filibusters

November 26, 2013
posted by

Gene Healy Cato Institute
by Gene Healy  

"There’s plenty of hypocrisy on both sides of the aisle here. But as the constitutional scholars John O. McGinnis and Michael B. Rappaport argued in a 2010 article, 'In Praise of Supreme Court Filibusters,' to 'avoid obvious partisanship,' we should look at confirmation rules as if behind 'a veil of ignorance' about whether the Red Team or Blue Team currently holds the levers of power. From that perspective, where the Senate drew the line on Thursday -- eliminating the judicial filibuster for executive branch posts and lower federal courts, but preserving it for the Supreme Court -- is nothing to celebrate, but it could be a lot worse." (11/25/13)

http://tinyurl.com/mn3nnmw  

No Comments »

US ranks third lowest of eleven countries on healthcare spending

November 26, 2013
posted by

Independent Institute Independent Institute
by John R. Graham  

"Every year, scholars from the Commonwealth Fund report the results of a survey of eleven developed countries, which questions thousands of residents about their health costs and access to health care. The media invariably cherry pick the report to produce headlines like this: 'We pay more, wait longer than other countries.' Perhaps there is not much point in getting worked up about it. Every industrial democracy, including the United States, has a largely socialized health system. So, the headline might just as well be: 'Differently socialized health systems impose different costs of socialism.' However, the authors (and the media) insist that there is some clear blue sky that separates the United States from all other developed countries, which have 'universal' health systems." (11/26/13)

http://tinyurl.com/nrdvamm  

No Comments »

Contraception mandate cases not really about contraception

November 26, 2013
posted by

The American Prospect
by Amelia Thomson-Deveaux  

"Earlier today, the Supreme Court announced that it would hear not one, but two challenges to the Obama administration’s contraception mandate; they’ll be heard together in an action-packed hour of oral arguments sometime in the spring. Both cases deal with conservatives’ ever-growing penchant for anthropomorphizing corporations: this time, the justices will decide whether companies can be exempted from the mandate to provide birth control at no cost to employees because of the owners’ religious beliefs. Oddly enough, neither of the business owners involved are Catholic." (11/26/13)

http://tinyurl.com/mlvvy55  

No Comments »

Our Sponsors





Making a living off your Drupal site?

Drupal Managed Hosting

Fed up with Maintenance and Hosting companies?