Yearly Archives: 2013

Liberty Slipping: 10 Things You Could Do in 1975 That You Can’t Do Now

"1. You could buy an airline ticket and fly without ever showing an ID. 2. You could buy cough syrup without showing an ID. 3. You could buy and sell gold coins without showing an ID 4. You could buy a gun without showing an ID 5. You could pull as much cash out of your bank account without the bank filing a report with the government. 6. You could get a job without having to prove you were an American. 7. You could buy cigarettes without showing an ID 8. You could have a phone conversation without the government knowing who you called and who called you. 9. You could open a stock brokerage account without having to explain where the money came from." Continue reading →

Continue ReadingLiberty Slipping: 10 Things You Could Do in 1975 That You Can’t Do Now

California Democratic Party tells Obama to halt medical marijuana raids

"The California Democratic Party approved a resolution over the weekend that called on President Barack Obama to halt federal raids on marijuana dispensaries. The resolution, sponsored by the Brownie Marie Democratic Club of Riverside County, noted that 18 states and the District of Columbia had legalized the use of marijuana for medical purposes, while Colorado and Washington state had legalized the use of marijuana for recreational purposes. Citing the disproportionate number of ethnic minorities jailed over marijuana, the resolution urged Obama to order the federal government to abide by state laws regarding the drug." Continue reading →

Continue ReadingCalifornia Democratic Party tells Obama to halt medical marijuana raids

Daniel Hannan on Statism and Detroit: My Analysis

"In December 1991, one block from my home, a man twice my size tried to stuff me into the back of a Chrysler New Yorker that was occupied by three other co-crazies blanked out on dope. My husband and I packed our bags and left the city the following spring. After ten years, we were done with The Experiment. The Marxism, crime, anti-white racism, tax rates, and lack of stable neighborhoods chased us out of town. In reality, the city died in 1967, with the riot that changed the city for decades. The decomposition occurred immediately thereafter. My father, a firefighter, worked a 72+ hour shift during the riots, putting out fires while being shot at by rioting civilians." Continue reading →

Continue ReadingDaniel Hannan on Statism and Detroit: My Analysis

Will Globalism Invade the US via its Cities? The Daily Beast Thinks So

"In New York, an urban area as blighted and tenuous as any, infrastructure is crumbling and the only growth industry, from what we can tell, is expanding regulation. This is one of the major cities in the world but you can't buy a large-sized soft drink or enjoy an indoor cigarette, or request eggs dabbed with trans-fat. Detroit? The city is getting ready to pay bondholders pennies on the dollar. Chicago? Drudge just posted a report on the alarming rise in shootings and murders in the 'Windy City.' All major US cities are surely in disarray to some extent. How could they not be? The same recessionary trends afflicting Fedgov are active at a local, urban level as well." Continue reading →

Continue ReadingWill Globalism Invade the US via its Cities? The Daily Beast Thinks So

FEMA caught using old flood map data that cost homeowners untold extra insurance premiums

"From Maine to Oregon, local floodplain managers say FEMA’s recent flood maps - which dictate the premiums that 5.5 million Americans pay for flood insurance - have often been built using outdated, inaccurate data. Homeowners, in turn, have to bear the cost of fixing FEMA’s mistakes. It’s unclear exactly how many new maps FEMA has issued in recent years are at least partly based on older data. While FEMA’s website allows anybody to look-up flood maps for their areas, the agency’s maps don’t show the age of the underlying data. Congress has actually cut map funding by more than half since 2010, from $221 million down to $100 million this year." Continue reading →

Continue ReadingFEMA caught using old flood map data that cost homeowners untold extra insurance premiums

New York house flipping nets $40,000 average profit

"Looking for a quick $40,000? Consider joining the rapidly growing legion of New York-area home flippers. The average gross profit on a home owned for less than six months and sold in the first half of 2013 in the New York City, Long Island and Northern New Jersey area was $39,458, according to a report released July 19 by real estate analytics firm RealtyTrac. Based on gross profit percentage (10 percent), RealtyTrac found the local market to be the nation's 14th best for profitable home flipping. The practice is on the rise across the country." Continue reading →

Continue ReadingNew York house flipping nets $40,000 average profit

15 Houses in Detroit You Can Buy for Less Than $500

"Don't ever think that a combination of central bank stop and go money printing combined with suffocating government regulations can't push us back into the Stone Age. Detroit today reminds me in many ways of the Bronx in the 1980s. The details of the government destruction causing interventions are a little bit different, but the results are the same." Continue reading →

Continue Reading15 Houses in Detroit You Can Buy for Less Than $500

Solving the Detroit Crisis

"Conservatives will, of course, be proven correct that Detroit will be only the first major city to seek a bail-out, but their objections will be fruitless. In fact, it is not only possible, but likely, that, once the concept of 'No City Left Behind' transforms public perception of a Detroit from municipal redundancy to humanitarian necessity, the door may be further opened, not only to other major cities, but to entire states. As Rahm Emanuel famously stated, 'Never let a good crisis go to waste.' Detroit may be used by the Federal government to establish the necessity to nationalise any crisis." Continue reading →

Continue ReadingSolving the Detroit Crisis

Detroit’s City Pensioners Finally Figure It Out After 40 Years: No Pensions.

"Fiscal conservatives have said for years that this was inevitable. We were dismissed as crackpots. The red ink could flow forever, we were told. 'No problem!' They say the same thing today about the federal government. The suckers line up for jobs with the federal government, with its fat pensions and unfunded liabilities. The result will be the same: default. Cities can do what individuals do: run up large bills, and then declare bankruptcy. The voters will shrug off 20,000 pensioners who lived in a fantasy world all their lives. They are no longer politically viable. They are merely a tiny voting bloc that has no money to give to campaigns." Continue reading →

Continue ReadingDetroit’s City Pensioners Finally Figure It Out After 40 Years: No Pensions.

Ingham County judge rules Detroit bankruptcy be withdrawn

"Ruling the governor and Detroit’s emergency manager violated the state constitution, an Ingham County Circuit judge ordered Friday that Detroit’s federal bankruptcy filing be withdrawn. 'It’s absolutely needed,' said Judge Rosemary Aquilina, observing she hopes Gov. Rick Snyder 'reads certain sections of the (Michigan) constitution and reconsiders his actions.' Prior to her ruling, the judge criticized the Snyder administration and Schuette’s office over their hasty move. 'It’s cheating, sir, and it’s cheating good people who work,' the judge said. 'It’s also not honoring the (U.S.) president, who took (Detroit’s auto companies) out of bankruptcy.'" Continue reading →

Continue ReadingIngham County judge rules Detroit bankruptcy be withdrawn