Faber: The momentum in the market suggests that something is really wrong, maybe we’ll see some very major geopolitical or economic events in the next 2 to 3 months.
Clayton -
Faber: The momentum in the market suggests that something is really wrong, maybe we’ll see some very major geopolitical or economic events in the next 2 to 3 months.
Clayton -
Everything is sunshine and lollipops with the NYTimes:
YOU may have heard that the federal government wants to limit your choice of light bulbs, starting in January. If only.
Thanks to regulations taking effect that month under the Energy Independence and Security Act of 2007, shopping for light bulbs is fast becoming akin to choosing a spouse: the options are almost endless, and the object of your affection might last longer in the house than you.
The misconception about limited choice is, specifically, that the new rules outlaw incandescent lights. But they don’t. They just place efficiency standards on incandescents. Starting in January, any bulb that can generate the amount of light produced by a conventional 100-watt bulb, but do so with roughly 30 percent less energy, will be eligible for the market. The new law is gradual — in 2013, the rule will be extended to 75-watt bulbs, followed, in 2014, by 60- and 40-watt bulbs — but the point is that nothing is outlawed if it meets the new mandated efficiencies.
Seriously when was the last time you could even call this a “newspaper”?
This one actually made me chuckle…
Why does Ron Paul have to be so libertarian?
@The New York Times: “The News For All People and Freedom of the Press Act of 2011 doesn’t outlaw print news, it just mandates that print news be delivered with 50% less paper pulp. The transition is gradual and will require a 10% reduction in paper pulp usage the first year, then 20% and so on. The point is that nothing is outlawed if it meets the new mandated pulp requirements.”
There’s a lot like this, but this one is particularly good. Something you can (and should) send to anyone and everyone…
Wow. This is not the same Ron Paul from 2008. Dude’s on fire.
Are you serious? He’s exactly the same. He was always on fire. Even when they were railroading him. Were you even paying attention in 2008?
“It has long been the conservative view that there is only so much freedom out there and if government grows in size then this necessarily diminishes freedom,” Bartlett said. “Thus if spending is 25 percent of GDP, then we are three-quarters free, and if it grows to 40 percent, then we have lost 15 percent of our freedom and are only 60 percent free. This, of course, is nonsense, because it implies that the greatest freedom exists in anarchy … and that freedom is the only thing anyone cares about.”
if government grows in size then this necessarily diminishes freedom
yes, government = coercion
Thus if spending is 25 percent of GDP, then we are three-quarters free, and if it grows to 40 percent, then we have lost 15 percent of our freedom and are only 60 percent free
Not too far from the truth
This, of course, is nonsense, because it implies that the greatest freedom exists in anarchy
Anarchy has gotten such a bad, bad rep.
it implies that … freedom is the only thing anyone cares about
Finally he hits something there: people like convenience, not justice.
http://www.factcheck.org/2011/07/ron-paul-ad-invokes-reagan-imprecisely/
Roger Garrison is, by far, my favorite economist from the Mises Institute, good find
This Panic of 2008 movie looks really promising. There’ve been a few others with good elements, but looking at this cast, it’s like a who’s who of Austrians.
Okay so it looks like the site goofs sometimes and displays the wrong video. I have no idea how this occurs, but it makes for some funny blog entries. The last time I noticed this it was obviously a mistake…but this time I thought it was a Tom Woods genuinely trying to be funny. I was actually kind of disappointed when I discovered it wasn’t intentional. Thought it was a pretty good gag…
Federal Appeals now has also struck down health insurance requirement:
http://news.yahoo.com/appeals-court-strikes-health-insurance-requirement-173543503.html