Free kibbles

ECONOMY:

Prediction that silver is near its peak and is no longer a good buy.

FEDERAL RESERVE:

A lot is being said about Bernanke's press conference. It seems to me Bernanke is right about the prospect for deflation if the Fed doesn't inflate. We'll suffer deflation. We'll suffer job losses. That's the healing process. Then the economy will rebound. It seems to me he's right about the short term consequences of not acting, but he's wrong about the long term consequences of both acting and not acting. It's bizarre how he makes it out that he fears inflation.


This is a great one-liner describing why our economy crashed and will soon crash again, but worse.

"The Invisible Hand of government (aka Central Banks) was acting to deceive the Invisible Hand of the marketplace."

That's the best pithy response I can think of. It took Tom Woods a whole book to say that.

A lot of times I play fast and loose with statements like Ben Bernanke is destroying the dollar. Like North in this article, I don't believe the dollar will actually be destroyed. It will be significantly debased, but not destroyed. Somewhere before complete destruction, saner heads will prevail. Interesting to read this after what I wrote about deflation above:

"Will price deflation ever come? Every inflationist says it will. The question is timing: either before hyperinflation or after, when the economy adopts a replacement currency. What Ludwig von Mises called the crack-up boom (hyperinflation) inevitably cracks up. A new currency replaces the now-extinct one."

Significant inflation will come before deflation and the healing process.

Central bank gold reserves per person. It's not surprising to see Switzerland at the top.

MIT measures inflation by tracking millions of prices online in real time.

"So, you’re probably wondering… Well, what’s the story? How much consumer price inflation is there?
Over the last 12 months, prices have gone up 3.2%, say professors Alberto Cavallo and Roberto Rigobon, who developed the index.But get this, the rate of consumer price inflation is speeding up. Annualize the data from the last 3 months and you get 7.4%.We don’t need to tell you, Dear Reader. If that rate sticks, today’s financial world comes unglued."

And those numbers undoubtedly include the falling prices of iPhones and iPads, which most people wouldn't count.

HEALTH CARE:

Here's another good reminder that government and corporations are partners in looting the people and making us unhealthy.

"A supermarket shopper buying hamburger, eggs or milk has every reason, and every right, to wonder how they were produced. The answer, in industrial agriculture, is “behind closed doors,” and that’s how the industry wants to keep it. In at least three states — Iowa, Florida, and Minnesota — legislation is moving ahead that would make undercover investigations in factory farms, especially filming and photography, a crime. The legislation has only one purpose: to hide factory-farming conditions from a public that is beginning to think seriously about animal rights and the way food is produced."

Only a leftist rag like the New York Times would through animal rights in there. This is all about the sickly food the government-corporate food producers force on us. This would be a non-issue in a free society. In a free society, private regulating groups would cheaply and effectively grade food producers, and consumers could look for the ratings they prefer. The food would be higher quality and lower prices. Almost nobody would buy unregulated meat, so these factory farms would be rare if they existed at all.

FDA covering up dangers of sunscreens.

"Failing to alert consumers of the dangers of vitamin A and its derivatives in sunscreens falls in line with the FDA's seemingly endless ability to protect their big business "clients" at the expense of public safety. In this case the manufacturers of sunscreens are the beneficiaries of the FDA's inability or unwillingness to publish their own vitamin A safety research that they conducted over 10 years ago in 2000."

This is how the system works. It's the norm.

"You certainly don't want to use most of the commercially available sunscreens under any condition as they not only block your body's ability to produce vitamin D, they're also loaded with toxic chemicals."

"Over the years, several studies have already confirmed that appropriate sun exposure actually helps prevent skin cancer. In fact, melanoma occurrence has been found to decrease with greater sun exposure, and can be increased by sunscreens.One such study revealed that melanoma patients who had higher levels of sun exposure were less likely to die than other melanoma patients, and patients who already had melanoma and got a lot of sun exposure were prone to a less aggressive tumor type."

The health care industry is a scam.

Why you should avoid table salt.

GLOBAL WARMING AND ENERGY:

Wind turbines promote cloud formation.

Global warming does not cause more tornadoes.

Critique of NSF funding of climate science:

"The agencies are also at fault. They are bureaucracies that promote top-down science to suit political and administrative ends. To begin with, there is the application process itself. Often, an agency’s request for proposal, or RFP, reads like a legal document, constricting the applicant to stay within very narrow and conventional bounds, with no profound scientific questions posed at all. Many RFP’s are so overly specific that they amount to little more than work for hire. Those who know how to play the game simply reply to RFP’s with parroted responses that echo the language in the proposal, in efforts to convince the reviewers that their programs exactly fit the conditions of the RFP. Thus many RFP’s inhibit good research rather than encourage it."

Duh.

POLICE STATE:

DOJ investigates indentured servants at OSU for selling what they mistakenly believed to be their own property.

Get used to being watched by drones every minute of your lives. And don't forget Kinect.

Praise for smugglers who peacefully trade valuable items despite the dangers of violence from government agents. The problem is these black market operators have to protect themselves from government aggression, lots of violence flows from the black markets.

LOCAL:

Local gas prices hit $4.15. That's a huge jump.

MISC:

EFF advocates leaving routers open to the public. I wouldn't mind leaving my extra bandwidth open to the public, but I don't want somebody jumping on my local network with me, and I don't want some stranger cutting down my available bandwidth. If you could configure a router to have a protected, primary network and an open, secondary network that never competed for bandwidth with the primary, I'd be fine with that. Apparently others have these exact same concerns. Then again...

"Lying on his family room floor with assault weapons trained on him, shouts of 'pedophile!' and 'pornographer!' stinging like his fresh cuts and bruises, the Buffalo homeowner didn't need long to figure out the reason for the early morning wake-up call from a swarm of federal agents. That new wireless router. He'd gotten fed up trying to set a password. Someone must have used his Internet connection, he thought. Sure enough, that was the case. Law enforcement officials say the case is a cautionary tale. Their advice: Password-protect your wireless router."

Nevermind. Naturally government would respond with violence to people who tried to be nice like this.

Dietary breakdowns for optimum health based on blood type. Nobody should eat wheat.