Tag Archives: Free Markets

The Whiteboard Version of Obamacare…

20 Nov

Works Great – Where do I Sign Up?

via Scarmouche

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Oh Noes…Kinder Morgan’s Oil Spill Cover Up…Wait…What?

28 Aug

Activists are outraged… A way of Life Ruined…

Oh the humanity… the land will “never” recover!

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These guys won’t make it to the big leagues of eco-facism until they learn photo-shop…

I wasn’t prepared for what I saw. The top of the Coquihalla Summit is the highest point of any pipeline in Canada. From the that point near the Summit, the pipeline descends over three hundred metres vertically in a very short distance. The age of the pipe and the steepness of the descent would surely increase the likelihood of a major spill,” said Hale.

Citing himself as an authority…Show me the bodies.

These guys are anti-oil and anti-enterprise – pipelines are the safest, cleanest and most environmentally sensitive way to move the petro-products that are used to make the iPhones and Macs they use to send this drivel.

Pipe Up

Like Obamacare Hasn’t Done Enough Damage…

27 Aug

Boxer – “We need to raise the minimum wage”

On Monday, Sen. Barbara Boxer (D-CA) said she wants the federal minimum wage raised to $10 an hour. The current minimum wage is $7.25 an hour.

“The difference between the very wealthy and the working poor has grown. We raise that minimum wage and we move forward with the vision of this president that we have, which is everyone pays their fair share” of taxes.

Shit – why only$10/hr? If that solves the problem, why not $25 pr $30/hr?

America is getting what it voted for – good and hard…

Breitbart

The Obama Recovery – Going Pretty Much to Plan

22 Aug

Unemployment Soars To March 2012 Levels

Can you say Obamacare…

What is most worrying about the latest data is the rapid rise in both unemployment and underemployment that the Gallup poll finds (to 8.9% unemployment and 17.9% underemployment. Unemployment rates have jumped notably in the last month to their highest in 13 months. Will the Fed ‘allow’ this data to filter into the BLS data and ‘avoid the Taper’ or are there non-economic reasons …

https://i0.wp.com/www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/08/20130822_unemp.jpg

In  other news, Obama got a new dog…

Zero Hedge, WaPo

“There’s a Term for This…”

9 Aug

It’s Called Capital Controls Communism….

We’ve been discussing in this column lately how the modern banking system is a total fraud– that dictatorial control of 70% of the world’s money supply has been awarded to just four central bankers.

And that the vast majority of banks, especially in the western world, are laughably illiquid… and very thinly capitalized.

There’s a term for this. It’s called capital controls. And it’s something that almost every bankrupt government in history has resorted to using.

Capital controls are essentially a restriction on the free-flow of capital. It can take a number of different forms– gold criminalization, bank account confiscation, foreign exchange restrictions, etc.

But at the end of the day, the effect is the same– capital controls are just another way of transferring wealth from citizens to the government, like dairy cows to a farmer.

Sovereign Man

It’s Never Different This Time…

9 Aug

Bad News – Sell 40 shares…

A (Repeating) History Of Ignoring All Warnings

Irrespective of the publishing date, the articles read alike throughout the two major crisis periods…

https://i0.wp.com/www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/05/Margin%20debt%20net%20free%20credit.jpg

Where have we heard this before?

  • “A rising stock market encouraged more investors to go into debt to buy stocks, sending margin debt levels past their all-time high”.

  • “The National Association of Securities Dealers (NASD) has asked members to review their lending requirements in a sign of increasing concern that rising levels of margin debt could exacerbate a stock market plunch.”

  • “The Fed is concerned about a sharp rise in margin debt but has been unwilling to attack stock market speculation as high levels of leverage do not necessarily translate into high risk. The last time the Fed adjusted the margin rules was in 1974, when when it reduced the down payment required for stocks to 50 percent of the purchase price, from 65 percent.” […] “The Fed should return to its pre- 1974 policy of actively changing margin requirements in response to stock market speculation”.

  • “High margin debts show the effect of over-leveraging and mispricing of risk”.

  • “The movements in stocks cause brokerages to stop allowing customers to buy some of the volatile stocks on margin or require clients to put up more cash.”

  • “Either the market rises dramatically to make those loans good or in any down move there is tremendous selling pressure”.

  • “Until recently, most investors ignored red flags raised by regulators”.

 

Zero Hedge

First They Come For Your Guns…

7 Aug

Or is it the Jews? …  Either Way Time to Stock Up

Charles I of England infamously commandeered 200,000 pounds of his own citizens’ gold right before the English Civil War in 1638. Roosevelt confiscated his entire nation’s gold holdings roughly three centuries later.

And of course, Cyprus raided domestic bank accounts earlier this year in a desperate attempt to bail-in the national banking system.

It’s foolish to think that these things cannot happen, especially when you look at the numbers.

The Age of Obama..

CBC – “Everybody gets subsidies in this country in one way or another…”

29 May

What he means is:

“Everybody in this country subsidizes CBC in one way or another…”

CBC receives more than $1-billion annually in government subsidies to support its activities, which include radio, conventional and satellite television, and Internet services with programming in English and French and eight Aboriginal languages.

“Everybody gets subsidies in this country in one way or another,” Mr. Dark said. “What I would say is that our digital properties are commercial and we compete with folks in these markets for ad dollars and that’s how we support those assets.”

Only a state broadcaster can afford to turn down revenue…

Financial Post

Ethical Oil – Fueling the Obama Economy

29 May

Oil companies paid the most in taxes

… last year Exxon and Chevron ranked in the top two companies that paid the most in taxes. ConocoPhillips ranked sixth in terms of taxes paid, reports USA Today. In 2012, Exxon paid $31.05 billion, Chevron paid $20 billion, and ConocoPhillips paid $7.94 billion.

“The oil and gas industry gets no subsidies, zero, nothing,” said Jack Gerard, president and CEO of the American Petroleum Institute — the nation’s largest oil and gas lobby. “We get cost-recovery benefits, much like other industries. You can go down the road of allowing economic activity, generating hundreds of billions to the government, or you can take the alternative route by trying to extract new revenue from industry by increasing their cost to do business.”

Meanwhile…

In fact, the big three oil companies paid multiples more, in both total dollars and effective tax rates, than such administration favorites as Apple, Google and General Electric.

Daily Caller

Comrade Angela: “Nobody Ever Asked Me”

13 May

Dog Bites Man

Chancellor Angela Merkel has shrugged aside a book that suggests she may have been closer to East Germany’s communist system than previously thought, saying she’s never hidden anything.

The 58-year-old Merkel grew up in East Germany and entered politics as communism crumbled in 1989. It’s long been known that, like many, she joined the communist youth organization. She has said she ‘politically lived an assimilated life’

Who knew…

Daily Mail

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