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

Let’s get one thing straight: America is not facing a fiscal crisis. It is, however, still very much experiencing a job crisis. In fact, of course, it’s just the opposite: The danger is that the deficit will come down too much, too fast. And the reasons that might happen are purely political; we may be about to slash spending and raise taxes not because markets demand it, but because Republicans have been using blackmail as a bargaining strategy, and the president seems ready to call their bluff.

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.

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.

The Wall Street Journal report calls the Turkish gold payments a “loophole in Western sanctions” which ban Iran from receiving payments in US dollars, but it’s far more than that. A “loophole” at least operates within the framework of the policy. Abandoning the US dollar to circumvent the entire policy is a thumb in the eye to US legitimacy, and the global banking system.

Hostess has been sold at least three times since the 1980s, racking up debt and shedding profitable assets along the way with each successive merger. The company filed for bankruptcy in 2004, and again in 2011. Little thought was given to the line of products, which, frankly, began to seem a bit dated in the age of the gourmet cupcake.

China has been recasting their gold reserves, currently in 12.4 kg bars into smaller 1 kg bars, allegedly to lay the foundation a gold backed currency, and new banking reserve system.

Bitcoin Friday! This is a Pre-Black Friday of sorts. A one day sale event at all Bitcoin merchants along with a unified attempt at advertising Bitcoin businesses. This means we need your help in two ways: please buy something with your bitcoins and please tell the world that Bitcoin businesses exist!

Bernard von NotHaus faces up to 20 years in prison for his ‘conviction’ of the crime of minting $60 million worth of constitutionally legal private silver coins. Naturally, since von NotHaus made the mistake of minting the word dollar on the coins, the Feds threw the book at him, confiscated the phyzz, and labeled the patriot a ‘domestic terrorist’.

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.