Yearly Archives: 2013

Obama Admin. Ignores Nullification: Federal Agents Will Enforce ObamaCare

"President Obama will not wait on states to enforce ObamaCare. The Obama administration has announced its intent to disregard state laws and state constitutional amendments prohibiting the enforcement of ObamaCare. Federal agents from the Department of Health and Human Services will assume absolute control over states’ health insurance industry and regulation in states that refuse to comply with the federal healthcare mandates." Continue reading →

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Bauman’s Little Black Book of Buffoons

"Public servants who no longer serve the best interests of the public should always follow Sir Anthony Eden’s example and resign on moral grounds. And here in the U.S., the list of useless officials in our government is shocking and even demoralizing. Resign! What follows is just a small sample of them, albeit the top five in my little black book of who should fall on their swords – all of them buffoons." Continue reading →

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Furor Growing Against Obama Over ‘Monsanto Protection Act’

"The protests come on the heels of a massive petition campaign organized by the advocacy group Food Democracy Now, which gathered the signatures of more than 200,000 people who wanted Obama to veto HR 933 in order to stop Section 735 -- the so-called 'Monsanto Protection Act' -- from being codified into law. But Obama ignored it, instead choosing to sign a bill that effectively bars federal courts from being able to halt the sale or planting of GMO or GE crops and seeds, no matter what health consequences from the consumption of these products may come to light in the future." Continue reading →

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The Centralization of Intellectual Control Proceeds Apace

"How has publishing in top economics journals changed since 1970? First, annual submissions to the top-5 journals nearly doubled from 1990 to 2012. Second, the total number of articles published in these journals actually declined from 400 per year in the late 1970s to 300 per year most recently. As a result, the acceptance rate has fallen from 15% to 6%, with potential implications for the career progression of young scholars. Third, one journal, the American Economic Review, now accounts for 40% of top-5 publications, up from 25% in the 1970s." Continue reading →

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What Happens After the Housing Bubble Reflates?

"This Forbes analysis is actually a fairly sophisticated analysis on how realtors decide whether houses are a good buy or not. The article concludes that houses may be cheap to buy given current conditions. Now, the larger question begins to percolate: Are houses cheap because of fundamental economic factors or for monetary reasons? After all, if central banks print lots of money – as they have been – then people are making more money. There will surely be a housing bubble given the rashness of central banking actions. Whether the dollar itself will survive upcoming monetary events is the larger – and even more serious – question." Continue reading →

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An Investment that Thrives, Even in a Weak Economy

"New mechanisms for productivity help drive existing businesses to be more efficient, and that is always in demand – especially during tough economic times. And, yes, the last 20 or 30 years of R&D is really just starting to peek its head into the markets. Everything from robotics to genetics to artificial intelligence are just now making their way to true commercial viability. The last five years of economic fear have created an innovation vacuum at the top of the tech stratosphere. This has opened opportunities for startup companies to seize upon the reticence of their much larger competitors." Continue reading →

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Rise of the Job Scarcity Meme

"What saps employment from an economy is monetary inflation and subsequent busts. Concentrate on reforming the banking system rather than worrying about machinery taking over. Robotics advances technology. The Luddite mentality that advances are destructive and job sapping should have been discarded a century ago. Of course, we notice the solution being advocated by people such as Martin Ford is redistributive. He wants government to get involved in subsidies that support displaced workers. Create a problem and then advocate for a government solution. The equation never seems to vary." Continue reading →

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About The Principality of Sealand

"The history of Sealand is a story of a struggle for liberty. Sealand was founded on the principle that any group of people dissatisfied with the oppressive laws and restrictions of existing nation states may declare independence in any place not claimed to be under the jurisdiction of another sovereign entity. The location chosen was Roughs Tower, an island fortress created in World War II by Britain and subsequently abandoned to the jurisdiction of the High Seas. The independence of Sealand was upheld in a 1968 British court decision where the judge held that Roughs Tower stood in international waters and did not fall under the legal jurisdiction of the United Kingdom." Continue reading →

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Russian Authorities Raid German Foundations and NGOs

"Russia's recent large-scale crackdown against organizations designated as 'foreign agents' has now been extended to German political foundations. Russian state prosecutors have launched investigations of the Konrad Adenauer Foundation (KAS), a political think tank aligned with Chancellor Angela Merkel's conservative Christian Democratic Union party, and the Friedrich Ebert Foundation (FES), the think tank of the center-left Social Democratic Party, according to German daily Süddeutsche Zeitung." Continue reading →

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See You in Court: Russians May Sue Over Cyprus Losses

"Big depositors- many of them Russian — face losses of up to 40 percent as the result of a so-called 'bail-in' to back 10 billion euros in EU financial aid to stabilize the Cypriot banking system. 'It's worth trying, it's not going to be easy, its not going to be a one-off, 24-hour court case, but the nature of the action itself sounds like expropriation,' said Andrey Goltsblat, at law firm Goltsblat BLP. There could be a basis to sue either Cyprus or individual banks, say lawyers who have been contacted by current and prospective clients seeking redress. 'People are just frustrated and ... are trying to find a way to get their money off Cyprus,' said Goltsblat." Continue reading →

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