Category Archives: 030 Economics

Ron Paul’s Texas Straight Talk 4/13/15: You Are the New Enemy

“So who is the real enemy? The Russians?

No, the real enemy is the taxpayer. The real enemy is the middle class and the productive sectors of the economy. We are the victims of this new runaway military spending. Every dollar or euro spent on a contrived threat is a dollar or euro taken out of the real economy and wasted on military Keynesianism. It is a dollar stolen from a small business owner that will not be invested in innovation, spent on research to combat disease, or even donated to charities that help the needy.

One of the most pervasive and dangerous myths of our time is that military spending benefits an economy. This could not be further from the truth. Such spending benefits a thin layer of well-connected and well-paid elites. It diverts scarce resources from meeting the needs and desires of a population and channels them into manufacturing tools of destruction. The costs may be hidden by the money-printing of the central banks, but they are eventually realized in the steady destruction of a currency.

The elites are terrified that peace may finally break out, which will be bad for their profits. That is why they are trying to scuttle the Iran deal, nix the Cuba thaw, and drum up a new ‘Red Scare’ coming from Moscow. We must not be fooled into believing their lies.”

(Via.) Liberty Crier <—Read more/listen to the talk here

New York’s expensive startup initiative only created 76 jobs

“When Governor Andrew Cuomo launched Start-Up New York in late 2013, his office called it a ‘game-changing’ initiative that promised ‘a windfall’ of innovation. The program established 356 tax-free zones in order to ‘attract high-tech and other start-ups.’ However, a new report from the state’s Department of Economic Development found that the initiative only created 76 jobs in 2014, despite a $28 million ad campaign.

Cuomo’s senior economic aide told Capital New York that 76 jobs was ‘a good number that we can stand behind,’ and it was only a matter of time before the other jobs materialized.

The zones created by Start-Up New York were tied to 62 sponsoring colleges and universities. The program allowed companies to operate tax-free for 10 years ‘on eligible campuses and spaces.’ According to the report, those 76 jobs came from 30 companies in industries like software, biotech, and manufacturing. The companies were supposed to invest $91 million over five years, but only invested $1.7 million.”

(Via.) The Verge

The Costs of Hysteria

“Suppose the scientific consensus on climate change is right. Let’s also stipulate, for the sake of argument, that the computer projections used by the United Nations and the US government are correct, and that economists are able to translate those data into meaningful projections about costs and benefits to people living in the future with climate change.

Despite what the public has been led to believe, the situation is not a crisis at all — and certainly not something that demands drastic government actions to avert serious damage to the environment. In fact, implementing the wrong policy can cause far more damage than it can prevent.”

(Via.) Foundation for Economic Education <— Read more here

Brownells Announces the Edge program

Brownness, the worlds largest supplier of firearms accessories, gun parts, and gunsmithing tools has announced the “Edge” program. Akin to Amazon Prime memberships, the program includes:

  • Free Standard Shipping* On all Orders
  • Discounts On 2-Day & Overnight Shipping
  • Free Return Shipping
  • Special Members-Only Offers & Discounts
  • Risk-free Ordering
  • Their 100% Forever Guarantee

From Brownells website: “Brownells EDGE is our latest innovation to make shopping with us even easier and more convenient for you. Place as many orders as you want – standard shipping on all of them is covered by the $49.95 annual membership fee. With FREE shipping*, your membership fee will be paid for with just a few orders. Bought the wrong item? Not what you needed? Just send it back. WE pay return shipping charges. Coupled with our already-famous, industry-exclusive Forever Satisfaction Guarantee, a Brownells EDGE membership assures a totally risk-free shopping experience!”

(Via.) BROWNELLS

For Privacy or Transparency, Bitcoin Benefits Liberty

“Proponents of Bitcoin, myself included, tend to focus on the potential for privacy it offers against increasing government intrusion into our financial affairs. But Bitcoin is not only a tool for those who wish to remain hidden—scofflaws, paranoid conspiracy nuts, crypto-anarchists, and of course the ever-present three-headed bogeyman of terrorists, drug dealers, and child abusers. It is also a tool for those who value transparency. Does that sound like a paradox? Well, it isn’t. A major characteristic of a technology that increases freedom is that it can be used for a widely varying range of choices.

I’ll talk a bit more about how that works in the case of Bitcoin later on, but first I’d like to submit as evidence for the transparency benefits of Bitcoin the recent discovery of extensive corruption on the part of two government agents involved in the Silk Road seizure. The agents—DEA agent Carl Mark Force IV and Shaun W. Bridges of the Secret Service—are allegedly jointly responsible for, amongst other crimes, the misappropriation and laundering of over a million dollars worth of bitcoin (estimated at the price at which they would have sold at the time they were obtained) confiscated from the Silk Road website. Carl Force was also a major investor in, and employee of, Bitcoin exchange CoinMTK while involved in the case, and is accused of having stolen customer funds while there.”

(Via.) Bitcoin Benefits Liberty <— Read the rest of the story here

Learn How This Family Grows 6,000 Lbs Of Food on Just 1/10th Acre

“Ever thought of growing your own food but didn’t think it was possible? It’s more that possible! It might even be the way of the future. If the Dervaes family can do it while living in Los Angeles, I think you can to.

The Dervaes family live on 1/10th of an acre 15 minutes from downtown L.A.. In itself that’s not strange. What’s crazy is that they manage to maintain a sustainable and independent urban farm. Complete with animals!

In a year they produce around 4,300 pounds of veggies, 900 chicken eggs, 1000 duck eggs, 25 lbs honey, and pounds of seasonal fruit. There are over 400 species of plants. What?! They have everything they need to ‘live off the land.’ From beets to bees. Chickens to chickpeas.

What the family doesn’t eat they sell from their porch, making around $20,000 a year. Local organic food is so popular that they don’t have any problems finding customs. Even chefs from restaurants seek them out.”

(Via.) DIY Cozy Home <—Video here! H/T The Liberty Crier

iSpy: The CIA Campaign to Steal Apple’s Secrets

“The revelations that the CIA has waged a secret campaign to defeat the security mechanisms built into Apple’s devices come as Apple and other tech giants are loudly resisting pressure from senior U.S. and U.K. government officials to weaken the security of their products. Law enforcement agencies want the companies to maintain the government’s ability to bypass security tools built into wireless devices. Perhaps more than any other corporate leader, Apple’s CEO, Tim Cook, has taken a stand for privacy as a core value, while sharply criticizing the actions of U.S. law enforcement and intelligence agencies.”

(Via.) Firstollok.org: The Intersept

Texas Town Experiences 61% Drop in Crime After Firing Their Police Department | The Free Thought Project

Another aspect, and possibly the most important, that sets privatized police apart from agents of the state, is that they have a negative incentive to initiate force. Force and violence are vastly more expensive than today’s police lead us to believe.

Causing injury or death, or wrongfully depriving someone of their rights is very expensive if these costs are realized for the ones who cause them. The state does not care, however. They can and will defer their liability to the tax farm.

The act of deferment of liability is a function solely reserved for the state, and it creates an incentive to act in an unethical manner. In the case of SEAL Security, each of their officers, as well as their entire operation, can be held liable, both criminally and financially. This is something about which the state knows nothing.

As guns.com points out, over 70 communities in Harris County and most of the major management districts have contracted with SEAL. They’re less expensive, better at crime prevention, they do not target citizens for revenue, and, best of all, each officer is personally accountable for his or her actions.

It’s time Americans start seriously considering this option.

Law enforcement is a product that we are forced to buy. When any product is not subject to the forces of consumer demand, there is no way of changing it. It is time we applied the fundamental lesson of competition to our supposed protectors.

via The Free Thought Project

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