Bitcoin May Be the Global Economy's Last Safe Haven - Businessweek


That’s where Bitcoin thrives: where people would prefer to throw in their lot with anonymous strangers instead of the world economy. It’s gold-bug thinking reinvented for an age of fluid transparency and instantaneous transactions. And as such it’s an excellent indicator of anxiety. Where you see Bitcoins in action you find a weird and heady mix of speculative angst, a fear of being left behind, and people who appear to have lost faith in institutions, who feel most left behind.

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roryn3kids's picture
Created by roryn3kids 1 year 17 weeks ago – Made popular 1 year 16 weeks ago
Category: Free Market   Tags:

Gov't Admits It Won't Prosecute Banks


Since the collapse of Arthur Andersen, the government is now afraid to prosecute large companies and banks in particular. Unfortunately, they're also unwilling to prosecute individual employees of those same corporations.

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freeAgent's picture
Created by freeAgent 1 year 19 weeks ago – Made popular 1 year 19 weeks ago
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Boxers want to fight in China because of high U.S. Taxes.


Manny Pacquiao's chief adviser insisted Monday that the Filipino superstar's preference is for his next bout – a fifth fight against Juan Manuel Marquez – to take place away from Las Vegas, with the off-shore Chinese gambling resort of Macau emerging as the "favorite."

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Lendog's picture
Created by Lendog 1 year 23 weeks ago – Made popular 1 year 23 weeks ago
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Congress — not email — destroyed the Postal Service


The oft-maligned U.S. mail is actually quite well-run. Politicians steered it into the ditch
By John Tierney

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Aerogoddess's picture
Created by Aerogoddess 1 year 23 weeks ago – Made popular 1 year 23 weeks ago
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Government Ban On Bitcoin Would Fail Miserably - Forbes


I maintain that a government ban on bitcoin would be about as effective as alcohol prohibition was in the 1920s. Government prohibition doesn’t even do a good job of keeping drugs out of prisons. The demand for an item, in this case digital cash with user-defined levels of privacy, does not simply evaporate in the face of a jurisdictional ban. One could even make the case that it becomes stronger because an official recognition that Bitcoin is not only a “renegade” currency but a “so-effective-it-had-to-be-banned” currency would imbue the cryptographic money with larger than life qualities.

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roryn3kids's picture
Created by roryn3kids 1 year 25 weeks ago – Made popular 1 year 25 weeks ago
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Dwolla Begins Account Suspensions for Using Bitcoin


Dwolla Begins PayPal-Style Account Suspensions - "Dwolla has moved beyond closing the accounts of those it can prove are operating unlicensed [Bitcoin] exchanges and has begun closing the accounts of private individuals based on a mere affiliation."

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kingphilip's picture
Created by kingphilip 1 year 25 weeks ago – Made popular 1 year 25 weeks ago
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Wholly Financed, owned and operated bridge opened by private investors


New privately funded bridge opens in Virginia (The South Norfolk Jordan Bridge)

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rjmort's picture
Created by rjmort 1 year 28 weeks ago – Made popular 1 year 28 weeks ago
Category: Free Market   Tags:

Minimum Wage Laws Hurt The Poor and Hobble the Economy


Want to decrease unemployment? Want to provide a ladder for the advancement of younger, less skilled or less experienced people? Eliminate the "Minimum Wage."

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kelvin's picture
Created by kelvin 1 year 31 weeks ago – Made popular 1 year 31 weeks ago
Category: Free Market   Tags:

Bass Fishing and the Free Market


This is an article on how the lack of intellectual property laws within the bass fishing industry have allowed for a fast paced and highly competitive market where anyone can do well provided they have good products.

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jameswm93's picture
Created by jameswm93 1 year 32 weeks ago – Made popular 1 year 31 weeks ago
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Bitcoin Not Bombs


Bitcoin allows Iranians to store their wealth digitally where the currency police can’t seize it, and most importantly it allows them, at the individual level, to skirt US sanctions and maintain an economic connection to the outside world. When US sanction against Iraq killed an estimated 1 million innocent civilians in the 90s it’s easy to see how important that is.

French economist Frederic Bastiat once said, “If goods don t cross borders, armies will.” I suggest that when States can no longer prevent goods from crossing borders, armies won’t.

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MuslimNonarchist's picture
Created by MuslimNonarchist 1 year 32 weeks ago – Made popular 1 year 32 weeks ago
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Hollywood Fracks Up!


The plot for Matt Damon's film, "Promised Land" had to be completely rewritten, to nearly comical proportions, because research showed that the fracking claims that were the basis of the story showed to be invalid.

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wtfk's picture
Created by wtfk 1 year 32 weeks ago – Made popular 1 year 32 weeks ago
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Walmart's New Health Care Policy Shifts Burden To Medicaid, Obamacare: Walmart, the nation’s largest private employer, plans to begin denying health insurance to newly hired employees who work fewer than 30 hours a week, according to a copy of the company’s policy obtained by The Huffington Post. Under the policy, slated to take effect in January, Walmart also reserves the right to eliminate health care coverage for certain workers if their average workweek dips below 30 hours -- something that happens with regularity and at the direction of company managers.

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Hostess Blames Union For Bankruptcy After Tripling CEO’s Pay


headlines have been quick to blame unions for the downfall of the company there’s actually more to the story: While the company was filing for bankruptcy, for the second time, earlier this year, it actually tripled its CEO’s pay, and increased other executives’ compensation by as much as 80 percent.

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digitalgloom's picture
Created by digitalgloom 1 year 35 weeks ago – Made popular 1 year 34 weeks ago
Category: Free Market   Tags:

U.S. sticks Chinese solar makers with tariffs


"The U.S. International Trade Commission agreed in a unanimous vote today that Chinese solar manufacturers have benefited from illegal subsidies from its government and sold products at less than fair value, the final decision in more than a year-long trade tussle."

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thefatalepic's picture
Created by thefatalepic 1 year 36 weeks ago – Made popular 1 year 36 weeks ago
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Free Cities in talks with Jamaica and eyeing several other countries.


The representative of the investor group said Jamaica would not only be addressed MGK investments, but also other countries. '' As no conditions we asked, they take the capital to other countries. "

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FTL_Mark's picture
Created by FTL_Mark 1 year 37 weeks ago – Made popular 1 year 37 weeks ago
Category: Free Market   Tags:

Honduras Bars Plan for Private Cities


The Honduras Supreme Court has struck down a proposal for a number of so-called private cities with their own tax and justice systems. Wealthy landowners had pushed the plan, drawing opposition from human rights groups. But Honduran justices ruled the establishment of private jurisdictions outside of Honduran law would violate the constitution.

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ecigarettes's picture
Created by ecigarettes 1 year 39 weeks ago – Made popular 1 year 39 weeks ago
Category: Free Market   Tags:

Detroit’s Heroic Anarcho-Bus Company


This year saw the birth of a new, private bus company in Detroit, and it’s called the Detroit Bus Company. The owner and founder, 25-year-old Andy Didorosi, was a guest on Mitch Albom’s show today, where he stated that his company is “trying to change what people think about buses.” In other words, his company does not tool around the city in monstrous, shabby, dirty, disgusting cages on wheels that are driven by 400-pound, sedentary maniacs who have nothing to lose, especially their union-protected, government job.

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lberns1's picture
Created by lberns1 1 year 39 weeks ago – Made popular 1 year 39 weeks ago
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Get Your New Dishwasher Now...Before the Government Ruins All of Them


An essay talking about how the government is planning on ruining dishwashers through regulation

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snappytype's picture
Created by snappytype 1 year 40 weeks ago – Made popular 1 year 40 weeks ago
Category: Free Market   Tags:

Washington Could Become First State To OK Pot Sales


Washington state is on the verge of becoming the first in the nation to let adults over 21 buy taxed, inspected marijuana at state-licensed shops.

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Sammy316's picture
Created by Sammy316 1 year 40 weeks ago – Made popular 1 year 40 weeks ago
Category: Free Market   Tags:

Poker star Phil Ivey wins $11.5 million, but casino refuses to pay


Poker star Phil Ivey won $11.5 million in a London casino in August, but the gambling club is refusing to pay him.

Ivey was playing a card game called Punto Banco, in which skill plays no role. The winner is determined strictly by luck of the draw.

"Casinos love high-rollers. But not high-rollers who win," Bradley said.

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snowdog2012's picture
Created by snowdog2012 1 year 41 weeks ago – Made popular 1 year 40 weeks ago
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