Resistance

Montana Voters Nullify Obamacare Mandates

"The 'Montana Health Care Freedom Act' otherwise known as Referendum 122, prohibits the state and federal governments from requiring the purchase of health insurance or imposing any penalty, tax, fee or fine on those who do not purchase health insurance. The prohibition does have some restrictions, but the good thing about this…these rules are being set by the state of Montana, not the the Federal Government . Referendum 122 Passed 66% YES to 34% NO. This makes Montana the 3rd state to nullify Obamacare after the SCOTUS decision that called it 'constitutional' this summer." Continue reading →

Continue ReadingMontana Voters Nullify Obamacare Mandates

Lew Rockwell: The First 30 Years of the Mises Institute, and the Future

"Mises Institutes have been formed – spontaneously, without any direction from us – in countries all over the world, including Brazil, Poland, Canada, Switzerland, Germany, Japan, Russia, Italy, Estonia, Ecuador, Finland, Israel, Portugal, Ukraine, Romania, Sweden, Belgium, Colombia, South Africa, the Czech Republic, Latvia, and Slovakia. We have accomplished all these things without a billionaire, and without an obsessive eye to mainstream respectability. We have achieved them thanks to you, and thanks to a faculty and staff dedicated to the cause of truth." Continue reading →

Continue ReadingLew Rockwell: The First 30 Years of the Mises Institute, and the Future

Karl Denninger: Watch for Market Dislocations

"The big picture is this: We have all lived for the last 30 years in a world where we believe that the price of certain things will always go up – houses being one of them, stocks being another. We have also lived in a time when an insane amount of monetary inflation has taken place. Most people look at the Consumer Price Index or some other government-provided thing, or they look at M1 OR M2, the growth of the money supply, for example. But what you really ought to be looking at for the growth of the monetary base is the total amount of money and credit that is in the system, and add those two together. When you do that, you find a very ugly picture." Continue reading →

Continue ReadingKarl Denninger: Watch for Market Dislocations

How Going Over the ”Fiscal Cliff” Will Affect You

"Kahn projects that a kick the can deal will increase taxes by $530 billion. Specifically, he sees strong support for an end to the payroll tax cut, an end to Bush tax cuts, and broad support for short-term 'tax extenders.' On the spending side, no further extensions of unemployment and a cut in Medicare payments (the doc fix). Total spending cuts $170 billion. Got that? Tax increases of $530 billion and cuts of only $170 billion. In other words, the 'kick the can deal' is a huge tax increase. They are set to scare the public and then take more money out of their pockets." Continue reading →

Continue ReadingHow Going Over the ”Fiscal Cliff” Will Affect You

61.2% Voted For Nobody

"That’s my tentative estimate (based on Google election result and population statistics) of the percentage of Americans who voted for nobody for President of the United States on Tuesday. About 38.8% of the population supported one of the candidates; about 19.5% of the population supported the alleged 'winner.' 61.2% of the population did not consent to be ruled at all, and fewer than one in five Americans consented to be ruled by Barack Obama. The figures are likely similar for most or all of the 435 US Representatives and 33 US Senators 'elected' on Tuesday." Continue reading →

Continue Reading61.2% Voted For Nobody

Greeks clash with riot police as politicans pass austerity measures

"Conservative and socialist lawmakers from Greece's three-party coalition government voted to adopt the €18.5bn budget cuts by 2016 despite protests earlier in the day by more than 70.000 people who massed outside the parliament. Violent protesters threw fire bombs and rocks at police, who responded with stun grenades, tear gas and the first use of water cannon in Greece in years. Inside the building, lawmakers interrupted the debate as Parliament employees went on strike to protest wage cuts. Pasok leader Evangelos Venizelos announced that five of his party's deputies who voted against the measures were expelled from the party." Continue reading →

Continue ReadingGreeks clash with riot police as politicans pass austerity measures

Krugman’s “Success Story”: 700,000 Strong Protest in Argentina Against Inflationist Prez

"Demonstrators marched against rising inflation, crime and corruption under President Cristina Fernandez de Kirchner, whose popularity has plummeted since she was re-elected last year as the economy wobbles, reports the UK's Standard. In Buenos Aires, crowds filled the Plaza de Mayo in front of the presidential palace and chanted: 'We’re not afraid.'" Continue reading →

Continue ReadingKrugman’s “Success Story”: 700,000 Strong Protest in Argentina Against Inflationist Prez

If You Want Good Tax Policy, Choose Jersey (but not New Jersey!)

"I’m in the Bailiwick of Jersey, which is a UK dependent territory off the coast of France. Jersey is a so-called tax haven, which I applaud because it helps encourage better tax policy in less enlightened parts of the globe. Because I’m such a cultured and sophisticated guy, today I used some of my free time to visit the Jersey Museum. I now know lots of useless trivia about how a tiny island 15 miles from France wound up as an English territory. But I also found something very interesting in the section on the economic history of Jersey. The museum explicitly recognizes the role of low taxation in promoting a prosperous society." Continue reading →

Continue ReadingIf You Want Good Tax Policy, Choose Jersey (but not New Jersey!)

I apologize for what you’re about to read

"Even when I was in Myanmar ten days ago, local pundits were engaged in the Obamney debate. Chile. Spain. Germany. Finland. Hong Kong. Thailand. Singapore. It was inescapable. The entire world seems fixated on this belief that it actually matters who becomes the President of the United States anymore… or that one of these two guys is going to ‘fix’ things. Fact is, it doesn’t matter. Not one bit. And I’ll show you mathematically." Continue reading →

Continue ReadingI apologize for what you’re about to read