A new Rasmussen Reports national telephone survey finds that voters overwhelmingly prefer a free market economy to an economy managed by the government and think government economic control helps big businesses at the expense of small ones.
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Many Austrians have tried to get Krugman to debate business cycle theory. He’s too busy and too sophisticated to debate an Austrian, of course. Until now.
Read more »Mises scholar, Dr. Robert P. Murphy, has officially thrown down the gauntlet; challenging Paul Krugman to a public debate (Keynesian vs Austrian business cycle theory) moderated by a person of mutual choosing. The challenge was issued by Murphy on October 20, 2010 on The Point.
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November 3rd is when the Federal Reserve's next policy committee meeting ends, and if you thought this was just another boring money meeting you would be wrong. It could be the most important meeting in Fed history, maybe. The US central bank is expected to announce its next move to boost the faltering economic recovery.
Read more »German man by-passes light bulb ban by selling them as "Mini-Heaters". Genius! Calls it "Action Art".
Read more »Agricultural Raw Materials are up 24%, The Mineral Index is up 25%, The Metals Price Index is up 26%, Coffee is up 45%, Barley is up 32%, Oranges are up 35%, Beef is up 23%, Pork is up 68%, Salmon is up 30%, Sugar is up 24%, Wool is up 30%, Cotton is up 40%, Palm oil is up 26%, Hides is up 25%, Rubber is up 62%, Iron Ore up 103%. Those are prices at the wholesale level.
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Imagine your home catches fire but the local fire department won't respond, then watches it burn. That's exactly what happened to a local family tonight.
A local neighborhood is furious after firefighters watched as an Obion County, Tennessee, home burned to the ground.
The homeowner, Gene Cranick, said he offered to pay whatever it would take for firefighters to put out the flames, but was told it was too late. They wouldn't do anything to stop his house from burning.
Mayor Robert Duffy has asked City Council to approve selling Midtown Tower and a portion of the plaza for $1 each to local developers planning to renovate the properties into a $70 million housing and commercial high-rise.
Read more »Czech President Vaclav Klaus on Saturday criticized U.N. calls for increased "global governance" of the world's economy, saying the world body should leave that role to national governments.
Read more »The Teamsters added nearly 40 new members earlier this month by organizing the country's first group of unionized marijuana growers. Such an arrangement is likely only possible in California, which has the nation's loosest medical marijuana laws.
Read more: http://www.sacbee.com/2010/09/20/3042051/medical-marijuana-growers-join....
Read more »Googlemaps visualization of marijuana prices, with over 800+ entries so far.
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Cuban President says state's role in the economy has to be reduced. Well no kidding? It only took you 51 years to figure it out.
Read more »Why are Governments always getting bigger, according to conservative Member of Parliament for Beauce, Quebec. yeah he's a politician and he's in Canada (My wonderful social paradise) and seems to understand freedom, just found this interesting as I never see politicians talking about this EVER, especially in Canada.
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Fidel Castro no longer believes in communism. "The Cuban [economic] model doesn't even work for us anymore."
Read more »From the guys (Peter Schiff et al) who were mocked and predicted the current financial crisis, comes new revelations that the worst is yet to come; the biggest bubble of all is about to burst: The Bailout Bubble.
Check out this short but pretty powerful documentary that touches on why we're not of the crisis, but why things are probably going to get worse before they get better.
If the dollar failed tomorrow and gold and silver took its place...Heck Yes!! Is it safe to say that the buying power of an ounce of silver or gold would match that of their current spot prices. In other words 1 ounce of silver would buy about $19.00 worth of goods and gold would buy apx. $1,200.00 worth of goods. Or would their values change dramatically therefore their buying power would be worked out overtime by the market.
Read more »Southern Style Granite. They have a really nasty attitude toward gays, to the point of refusing to do business with them.
And that’s fine, really. If they’re afraid of the gay cooties, that’s their business. The libertarian in me tells me that, as a private business, they have the right to refuse service to anyone.
But they don’t have the right to be immune from the consequences of their intolerance and bigotry.
Fed up with crime, citizens hit streets
Francis X. Donnelly / The Detroit News
Detroit -- With its handsome brick homes and trimmed lawns, Russell Woods is an unlikely setting for a revolution.
For the past three nights, however, residents from all over the city who are fed up with crime have descended upon this neighborhood in a northwest section of Detroit.
As they patrol the tree-lined streets, they're encountering residents who share their views.
Read more »The 22 statistics that you are about to read prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America.
The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace. (Click link on article to see 22 Statistics.)
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