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Tag Archives: On Politics

The Party of Spend More vs. the Party of Tax Less

Eternal Spendathon The Senate just passed a 500-page tax reform bill. Assuming it lives up to its promise, it will cut taxes on corporations and individuals. Predictably, the Left hates it and the Right loves it. I am writing to argue why the Right should hate it (no, not for the reason the Left does, a desire to get the rich). US Federal Debt, 1970 - 2017The Federal debtberg has grown beyond all measure since...

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Japan: It isn’t What the Media Tell You

Known for Being Terrible For the past few decades, Japan has been known for its stagnant economy, falling stock market, and most importantly its terrible demographics. Japan's Population by age, 1950 - 2065A chart of Japan’s much-bewailed demographic horror-show. - Click to enlarge Most people consider a declining population to be a bad thing due to the implications for assorted state-run pay-as-you-go Ponzi...

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Lessons from Squanto

  Standing In Your Way Governments across the planet will go to any length to meddle in the lives and private affairs of their citizens.  This is what our experiences and observations have shown.  What gives? For one, politicians have an aversion to freedom and liberty.  They want to control your behavior, choices, and decisions.  What’s more, they want to use your money to do so. As this by now famous cartoon...

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What President Trump and the West Can Learn from China

Expensive Politics Instead of a demonstration of its overwhelming military might intended to intimidate tiny North Korea and pressure China to lean on its defiant communist neighbor, President Trump and the West should try to learn a few things from China. Photo credit: AP - Click to enlarge President Trump meets President Xi. The POTUS reportedly had a very good time in China. The President’s trip to the Far East...

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Heat Death of the Economic Universe

Big Crunch or Big Chill Physicists say that the universe is expanding. However, they hotly debate (OK, pun intended as a foreshadowing device) if the rate of expansion is sufficient to overcome gravity—called escape velocity. It may seem like an arcane topic, but the consequences are dire either way. If the rate of expansion is too low, then it will get slower and slower until expansion stops entirely, then finally,...

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The Downright Sinister Rearrangement of Riches

Simple Classifications Let’s begin with facts.  Cold hard unadorned facts. Water boils at 212 degrees Fahrenheit at standard atmospheric pressure.  Squaring the circle using a compass and straightedge is impossible.  The sun is a star. The sun is not just a star, it is a benevolent star. Look, it is smiling… sort of. - Click to enlarge Facts, of course, must not be confused with opinions, which are based upon...

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How to Survive the Winter

  A Flawless Flock of Scoundrels One of the fringe benefits of living in a country that’s in dire need of a political, financial, and cultural reset, is the twisted amusement that comes with bearing witness to its unraveling.  Day by day we’re greeted with escalating madness.  Indeed, the great fiasco must be taken lightly, so as not to be demoralized by its enormity. Symphony grotesque in Washington [PT] - Click to...

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Marc Faber, Freedom of Speech & Capitalism

Political Correctness Hampers Honest Debate What would the world be like today had Europeans never colonized Americas, Africa, the Middle East, Australia, New Zealand, and South Asia? Most of these societies would still not have discovered the wheel. It takes a huge amount of reality-avoidance and ineptitude for outsiders who travel there not to realize that a billion or more people in the Third World still wouldn’t...

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Can Switzerland Save the World?

Switzerland: Far from Flawless, but still a Unique Country – An Interview with Claudio Grass Our friend Claudio Grass has discussed Switzerland in these pages before, and on one of these occasions we added some background information on country’s truly unique political system (see “The People Against the Establishment” for  the details). People are generally aware that direct democracy in the form of frequent ...

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The Donald Can’t Stop It

  Divine Powers The Dow’s march onward and upward toward 30,000 continues without a pause.  New all-time highs are notched practically every day.  Despite Thursday’s 31-point pullback, the Dow is up over 15.5 percent year-to-date.  What a remarkable time to be alive. President Donald Trump is pumped!  As Commander in Chief, he believes he possesses divine powers.  He can will the stock market higher – and he knows it. ...

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