July 2010
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Don't call it a comeback.
http://twitter.com/fiatch
November 2009
2 posts
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September 2009
2 posts
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"Near Perfection from Paul Krugman (and the... →
Please read this piece, follow its links, and then forward it to friends.
The Austrians get it.
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August 2009
50 posts
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Watch
Guest: “We’ve just been Cheneyed by a guy named Barack Obama who said he’d never do this… Every line was crossed….”
Host: “He’s such a charming liar, though.”
via Robert Murphy’s “Principled Leftists Realizing that Bush + Eloquence = Obama”
The grand bipartisan project — centralize vast federal power over...
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The Welfare State and the Promise of Protection →
Listen to Robert Higgs’ “The Welfare State and the Promise of Protection” via Mises.org.
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WatchEnjoy Israel Kirzner’s lecture from the FEE Advanced Austrian Economics seminar.
HT Austrian Economists
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"Obama Advisor: There Very Well May Be a Death... →
All this “death panel” talk strikes me as side-show theater. Regardless, I am surprised that so many Americans seem to want to insert the federal government between themselves and the health-care system. It’s naive and likely hazardous to your health.
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"Will It All Come Tumbling Down?"
The Market Ticker writes:
At 5% of non-performing loans a bank is at risk of being insolvent.
But the entire banking system in the United States had its non-performing loan ratio increase from 5.58% in the first quarter to 6.49% in the second, a record, and higher than the 5% level at which the survival of a bank(ing system) is threatened with collapse.
Hmmmm…. So should we take from this...
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“At first glance, this may sound like a compassionate stance. However, if...”
– “Insurance vs. Welfare” via Wealth is not the Problem.
Please follow this blog, and track health-care-reform items here.
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Listen here to the United States Declaration of...
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Ejected From Georgia Health Care Town Hall →
an interesting read
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http://fiatch.com/mobile →
I changed themes. I hope you like it. I do.
You can now use the above link on your iPhones and such.
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WatchI admit this video made me laugh a little. This series of botched misdirections shows the desperate situation faced by members of Congress confronted by calm, logical, yet unrelenting citizens.
US Representative David Scott (D, GA) failed all over the place. It started with a simple question about his health-care-reform intentions, and it all fell apart for him as follows:
Fail #1:...
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Listen to “The Canadian Health Care...
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“Many health-care reformers want to...
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Robert Murphy linked to this nugget:
Small businesses that received $682 million in IOUs from the state say California expects them to pay taxes on the worthless scraps of paper, but refuses to accept its own IOUs to pay debts or taxes. The vendors’ federal class action claims the state is trying to balance its budget on their backs. Lead plaintiff Nancy Baird filled her contract with...
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"Why Default on U.S. Treasuries is Likely" via... →
When the walls come tumbling…
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When The Walls Come Tumbling Down
Cities and counties are tumbling to states for funds. States are tumbling to the federal government. Seemingly without reservation, The Feds are running the presses as fast as they can.
For now, “It’s good to be the [reserve currency].”
See Mish’s”Pension Crisis Hits Critical Mass in West Virginia.”
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Turning Japanese?
Comstock Partners via NC:
We are in the process of deleveraging the most leveraged economy in history….this deleveraging as a major negative that will weigh on the economy for years to come and we could wind up with a lost couple of decades just as Japan experienced over the past 20 years. It is true that Japan didn’t act as quickly as we did but our debt ratio presently is much...
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"Terrorist!" is the new "Hitler!" →
Ad hominem. Sigh.
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WatchThis course is saner than the present one.
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Entrepreneurship is hope and change that yields an open tomorrow. Centralized power is an old, sad, terrible road that leads to a dead end.
Please read “F. A. Hayek and the Fatal Conceit of [President] Barack Obama:”
BY STEVEN HORWITZ
The headlines blare that President Obama will “restructure the financial services industry” and “fix the health care...
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