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Tag Archives: government
Facebook censored me. Criticize your government and it might censor you too.
Facebook censored me. Criticize your government and it might censor you too. Facebook is apparently clamping down on the distribution of political advertisers using the social media platform. Buzz60 Facebook said my post’s image of a violent FBI raid ‘incorrectly triggered our automation tools.’ But it wasn’t the first time an iconic image vanished. (Photo: […]
Stagnation Nation: Middle Class Wealth Is Locked Up in Housing and Retirement Funds
Stagnation Nation: Middle Class Wealth Is Locked Up in Housing and Retirement Funds The majority of middle class wealth is locked up in unproductive assets or assets that only become available upon retirement or death. One of my points in Why Governments Will Not Ban Bitcoin was to highlight how few families had the financial […]
Weekly Commentary: Arms Race in Bubbles
Weekly Commentary: Arms Race in Bubbles The week left me with an uneasy feeling. There were a number of articles noting the 30-year anniversary of the 1987 stock market crash. I spent “Black Monday” staring at a Telerate monitor as a treasury analyst at Toyota’s US headquarters in Southern California. If I wasn’t completely in […]
How to Cope with Inevitable Chaos
How to Cope with Inevitable Chaos And that’s okay. You don’t need to. And neither does governments. Is it me or does it seem like current times are more chaotic than ever? The world seems to be constantly threatened by mass shootings, terrorism, war in the Middle East, nuclear proliferation, and lack of international diplomacy. […]
Cognitive Biases Afflict Government “Nudgers” Too
Cognitive Biases Afflict Government “Nudgers” Too Market-based decisions may not always be entirely rational, but there is almost no incentive for governmental decisions to be rational, either. Economist Richard Thaler recently won the 2017 Nobel Prize in economics for his important work documenting widespread cognitive errors in human decision-making. All too often, people fail to act […]
You’re On Your Own, by Robert Gore
You’re On Your Own, by Robert Gore ichef.bbci.co.uk If the world seems incomprehensible now, just wait. Within a twenty-four-hour span the Catalonian people voted 90 percent in favor of secession from Spain, despite the Spanish government’s effort to violently squelch the referendum, and a man in a Las Vegas hotel room opened fire on a concert, […]
The Political and Economic Mystiques of State Power
THE POLITICAL AND ECONOMIC MYSTIQUES OF STATE POWER One of the great political mysteries has been the success of governments in ruling over societies with little opposition and resistance from the vast majority of the population, even when those governments have been brutal tyrannies and openly dictatorial in their control. This has been true, no […]
FL Residents Warned They’ll Be Ticketed for Hurricane-Damaged Homes
FL Residents Warned They’ll Be Ticketed for Hurricane-Damaged Homes (ANTIMEDIA) Miami-Dade County, FL — At a time when South Floridians rocked by Hurricane Irma were still surveying the damage to their properties, the county of Miami-Dade apparently thought it appropriate to begin handing out safety notices. Celso Perez told local WSVN-TV that he, his family, and his neighbors were starting to […]
Government Regulation and Crony Capitalism is Keeping Thousands in Florida without Power
Government Regulation and Crony Capitalism is Keeping Thousands in Florida without Power Almost two weeks have passed since Hurricane Irma made landfall in South Florida, yet tens of thousands remain without power. With temperatures regularly eclipsing over 90 degrees, these outages are not only a grave inconvenience for Floridians cleaning up after the storm, but […]
The Hunt for Taxes is Global
The Hunt for Taxes is Global Taxes are the root of all evil for this is the confrontation against the people that historically leads to civil unrest and then revolution. The American and French Revolutions were over taxes. Historically, even the Roman Empire was forced from time to time to grant tax amnesty as was […]
Governments to Control Large Cash Transactions
Governments to Control Large Cash Transactions I have been pointing out the crisis we face moving forward. The gist of this is the total fiscal mismanagement of government for which we, the people, are always blamed. This hunt for taxes has led down the path of arguments for eliminating currency. While people think Bitcoin is […]
Navigating Through the Storms
NAVIGATING THROUGH THE STORMS Several weeks ago I had to drive west on the Pennsylvania Turnpike to pick up my son after his sophomore year at Penn State. I’ve made this trip a dozen times over the last few years, since this is my second son attending Penn State, with a third starting in the […]
Government Monopoly Money vs. Personal Choice in Currency
GOVERNMENT MONOPOLY MONEY VS. PERSONAL CHOICE IN CURRENCY For more than two hundred years, practically all of even the most free market advocates have assumed that money and banking were different from other types of goods and markets. From Adam Smith to Milton Friedman, the presumption has been competitive markets and free consumer choice are […]
The Hunt for Taxes is Global
The Hunt for Taxes is Global Taxes are the root of all evil for this is the confrontation against the people that historically leads to civil unrest and then revolution. The American and French Revolutions were over taxes. Historically, even the Roman Empire was forced from time to time to grant tax amnesty as was […]
Cataclysm
Cataclysm Collapse generally comes as a surprise, even to those who predict it. The USSR didn’t just fail one day, as does a person who dies of a sudden heart attack or stroke. It was more like a wasting illness brought on by an unhealthy lifestyle. A physician tells a morbidly obese patient: “Your daily […]
