Markets, not elections, are where your choices truly matter

August 29, 2016
Foundation for Economic Education
by Gary M Galles   Gary M. Galles

"For voters, the benefits of becoming better informed about political decisions are lower than in their comparable private market decisions, but the costs of acquiring the necessary information to evaluate public policies are higher. To illustrate, compare the benefits and costs of making an informed decision about your own health insurance plan (assuming you are allowed that choice) to those necessary in evaluating alternative federal health insurance policies." (08/29/16)  

NM: Cop accidentally filmed himself stealing marijuana

August 29, 2016
New York Daily News    

"A New Mexico police sergeant accused of unwittingly recording himself on a lapel camera taking marijuana from his office and giving it to his girlfriend has been released from jail. KOB-TV in Albuquerque reported Saturday that Grants police Sgt. Roshern McKinney is out of jail. It wasn't immediately known Sunday under what conditions he was released. State police say McKinney was arrested Wednesday. An investigation was requested in July after the video recording was found." (08/28/16)  

States of the unions

August 29, 2016
Common Sense
by Paul Jacob   Paul Jacob

"As Americans contemplate the intellectual breakdown of our two major parties, Brits and Europeans are trying to figure out what the state of their union is. Does Brexit spell disaster for Europe? Germany's vice-chancellor is just the latest European bigwig to preach gloom and doom." (08/29/16)  

Russian lawmaker’s son convicted of stealing 2.9 million credit card numbers

August 29, 2016
The Hacker News    

"The son of a prominent Russian lawmaker has been found guilty in the United States of running a hacking scheme that stole and sold 2.9 million US credit card numbers using Point-of-Sale (POS) malware, costing financial institutions more than $169 Million. Roman Seleznev, 32, the son of Russian Parliament member Valery Seleznev, was arrested in 2014 while attempting to board a flight in the Maldives, which sparked an international dispute between American and Russian authorities, who characterized the extradition as a 'kidnapping.'" (08/29/16)  

Most arguments against open borders lead to extremely un-libertarian positions

August 29, 2016
Notes On Liberty
by Zachary Woodman  

"If anti-open borders libertarians treated any other issue like they do immigration, it would lead to some pretty absurd, anti-libertarian policy positions. For an example, as long as we have government-provided Medicare programs, allowing people to eat unhealthy foods or smoke will increase the cost of those welfare programs; following the logic of the argument above, the government would be justified in implementing paternalist policies that restrict people's right to consume what they want to reduce the burden of the welfare state. People with lower incomes are more likely to use welfare programs as well, so the government is justified in reducing their population size by restricting their right to reproduce through forced sterilization. Obviously, both these positions are absurd from a libertarian perspective." (08/28/16)  

Puerto Rico: House speaker resigns post under pressure

August 29, 2016
ABC News     ABC News

"The speaker of the Chamber of Deputies in Puerto Rico resigned from the leadership post Monday under pressure from officials in his party following court testimony that has linked him to a former fundraiser convicted in a political corruption case. Jaime Perello said he was resigning as speaker because he did not want to be used as an 'excuse' if his Popular Democratic Party lost control of the chamber in the November elections. He plans to retain his at-large seat in the lower house of the legislature in the U.S. island territory." (08/29/16)  

France: Sarkozy demands border controls for thousands of migrants in Calais be shifted to Britain

August 29, 2016
Telegraph [UK]    

"Nicolas Sarkozy has joined other conservative French politicians in demanding that border controls for thousands of migrants in Calais be shifted to Britain. The former centre-Right president made the call in a speech in Le Touquet, the northern town where he signed agreements in 2003 allowing British officials to check passports in France and vice-versa, when he was interior minister. The accords were part of a bilateral deal to close a former migrants' centre at Sangatte, near Calais. But Mr Sarkozy said France can no longer tolerate the presence of about 9,000 migrants living in the squalid 'Jungle' camp in Calais while they attempt to smuggle themselves into Britain." (08/29/16)  

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