Category Archive: 6b.) Acting Man

How the Deep State’s Cronies Steal From You

The relentless growth of Leviathan: Total Pages of Code of Federal Regulations from 10000 in 1950 to 170000 in 2014. Federal tax rules – from 400 in 1913 to 74,000 in 2012. Aggregate word count of Dodd-Frank regulations doubled.

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The Japanese Popsicle Affair

  Policy-Induced Contrition in Japan As we keep saying, there really is no point in trying to make people richer by making them poorer – which is what Shinzo Abe and Haruhiko Kuroda have been trying to do for the past several years. Not surprisingly,...

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Pareto’s Wily Foxes

  Smart Money Fleeing Stocks DUBLIN – The Dow dropped 180 points on Tuesday – or about 1%. And another clever billionaire says he is looking elsewhere for profits. Reuters:   “Activist investor Carl Icahn on Monday said there was a chance the stock m...

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Drowning the Fir

  Presidential Duties Our editor recently stumbled upon an image in one of the more obscure corners of the intertubes which we felt we had to share with our readers. It provides us with a nice metaphor for the meaningfulness of government activity. F...

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The Long-Buried Secret of Napoleon Bonaparte

  Family Secrets DUBLIN – The smart money is getting out while the gettin’ is still good. That’s the message we get from reading the recent headlines.   Here’s the Financial Times:   Redemptions from stock funds have hit nearly $90 billion this year ...

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A Tale of Two Parliaments

  Boisterous Debate vs. Non-Existence Readers may recall that we have previously reported on brawls breaking out in various parliaments, such as e.g. in Ukraine’s Rada, where we suspect representatives are actually engaging in a form of performance a...

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Trump’s Biggest Deal

A reader asks Bill Bonner "Trump is the only candidate that might have a chance to get us out of the financial and economic mess the United States is in." Is he really?

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China’s Rolling Boom-Bust Cycle

Pater Tenebrarum looks on the most important China charts that indicate a boom-bust cycle: annual rate of growth of M1 and M2, China fixed asset investment, China Money Supply M1, Shanghai Stock Exchange, China commodity futures, Steel Rebar futures, China residential real estate prices

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The Fatal Conceit

Bonner shows that Hayek's Fatal Conceit is valid today: central economic planning is literally impossible – there can be no centrally planned rational economy. Individual planning is distinct from central planning, in that the many individual plans pursued by self-interested individuals mesh and create a spontaneous order.

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Kuroda-San in the Mouth of Madness

  Deluded Central Planners Zerohedge recently reported on an interview given by Lithuanian ECB council member Vitas Vasiliauskas, which demonstrates how utterly deluded the central planners in the so-called “capitalist” economies of the West have bec...

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Even Death Won’t Save Us

  Hazards and Benefits Rubbernecking at the economic train wreck of central planners is not without hazard.  A strained collar and dry eyes, for instance, are common perils.  So, too, is the lasting grimace of disbelief that comes with the roll-out o...

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Retirement Torpedoes and Democracy

Bonner compares Total credit market debt, federal government debt and GDP – an economy running on debt, and now running on empty.

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Heretical Thoughts and Doing the Unthinkable

  Heresy! NORMANDY, France – The Dow rose 222 points on Tuesday – or just over 1%. But we agree with hedge-fund manager Stanley Druckenmiller: This is not a good time to be a U.S. stock market bull.   Legendary former hedge fund manager Stanley Druck...

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Staying Home on Election Day

  Pretenses and Conceits The markets are eerily quiet… like an angry man with something on his mind and a shotgun in his hand. We will leave them to brood… and return to the spectacle of the U.S. presidential primaries. On display are all the pretens...

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The World’s 100 Most Influential Hacks, Yahoos and Monkey Shiners

  Hacks and Has-Beens NORMANDY, France – What has happened to TIME magazine? Henry Luce, who started TIME – the first weekly news magazine in the U.S. – would be appalled to see what it has become.   Time cover featuring the sunburned mummy heading t...

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Reality is a Formidable Enemy

  Political Correctness Comedy We have recently come across a video that is simply too funny not be shared. It also happens to dovetail nicely with our friend Claudio’s recent essay on political correctness and cultural Marxism. Since this is general...

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Why is Freddie Mac Reporting a Loss?

  A Sudden Turn for the Worse Freddie Mac posted a loss of $354 million this quarter, versus a $2.16 billion gain the previous quarter.  Fannie Mae did slightly better with net earnings of $1.1 billion, which were still substantially down from $2.5 b...

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Mind Control as a method to support the US Dollar

With dollar mind control, the American elites ensure that the dollar remains the global reserve currency. Average Americans should only consume and should not have access to sophisticated financial services.

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Trump and Clinton: Neither is Fit to Tell the Rest of Us What to Do

  Misinformation and Delusions PARIS – Too bad about Ted Cruz. His tax plan was pretty good. A flat tax of 10% on anything over $36,000. And a 16% “business transfer tax” to replace the corporate income tax and all payroll taxes.   Ted Cruz bows out…...

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Jayant Bhandari-PIGS Culture Not Debt is the Problem [Capitalism & Morality Seminar 2015]

Full Capitalism & Morality Conference 2015 Playlist: https://www.youtube.com/watch?v=BQNKmkCnPb4&list=PLVakOKBvbSujZ6Cu_jHmZgz5qqIagEs9c Jayant is a contributing editor of the Liberty magazine and has written for the Mises Institute, the Mises Institute (Canada), Casey Research, Le Québécois Libre, Sprott’s Thoughts, LewRockwell.com, etc. This speech was delivered at The Capitalism & Morality Conference in Vancouver, Canada, August...

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