Free kibbles

The Organization of American States (OAS) gives 72 hour deadline to Honduras to reinstate ousted president or be suspended from the organization. It's funny how President Obama refused to get involved when the Iranian government enacted a coup, but instantly supported the lawless president over the rule of law in Honduras.

Interesting take on Madoff's victims, who thought they were getting something for nothing, and government employee caught using taxes for her own benefit instead of allowing politicians to use them for their own benefit.

Here's a wonderful description of the Fed, "Like any cartel, [the Fed] exists to protect its members from market retribution, and only the police power of the state can make us shoulder that burden."

Mises scholar uncovers yet another Fed scam. The Fed is lying about the money supply, claiming it is 33 percent smaller than it actually is. From the Fed's own memo:

"Half of all transaction deposits do not appear in M1 [the money supply] due to retail deposit sweeping. Adding these back into M1 causes M1 to be larger than the monetary base. (In retail deposit sweeping, banks reclassify checkable deposits as savings deposits so as to reduce statutory reserve requirements. Within certain legal bounds, such behavior is acceptable to the Fed. Bank customers are unaware that such reclassification is occurring.)"

They are robbing us blind right under our noses and with our blessing.

This is quite the understatement when it comes to global warming, "The collapse of the "consensus" has been driven by reality." There never was a consensus, and fortunately people are over the world are seeing through the propaganda. And we definitely have luck to thank for it. If climate had continued to warm naturally after 1998, we'd already be being crushed by oppressive, misguided climate change legislation. Fortunately for every human except the Marxists and the opportunists, Earth's natural climate cycle switched to a cooling period.

More on MIT's irresponsible, unscientific alarmist report on climate change. MIT should be embarrassed. Between MIT's support of Keynesianism and this report, its reputation is ruined in my eyes. I see it as just another Ivy league school teaching stupid things to otherwise smart people.

Of course Wal-Mart supports forcing companies to provide health insurance. Walmart is the biggest company, and it can the shoulder the burden for providing mandated insurance better than any other company. This is another example of how big government lures big companies into bed and reduces our freedom to the detriment of us all. We see it over and over, but we continue to allow it to happen.

"The U.S. Chamber of Commerce has fought such a mandate, saying it would prompt companies to cut jobs, lower wages and possibly drive them out of business."

That exactly what Wal-Mart wants. It wants government to protect it from competition. That's why mandates and restrictions always favor big companies. It's why Phillip Morris pushed for more regulation of tobacco, and it's why the US is in economic decline. This also reminds me of an essay describing the betrayal of capitalism by big corporations - hiding under mommy government's skirts for protection from big, bad competitors. The problem with Goldberg's point of view is that big corporations have been partners with government for a century at least. This is nothing new. The only thing new is the scale.

Liberalism can't stand honest debate, so liberals won't invite scientific experts to their little conferences designed to misinform the public about climate change.