Government

Justice

Are Regulations Strangling Free Enterprise?

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To believe that regulation is unnecessary and harmful is not an idealistic and detached view. It flows necessarily from a belief in human equality. If you firmly believe all humans are equal, what is it that allows a third person to infringe with the threat of violence on the right of two people to transact freely with one another? Bouazizi and his customers were both made worse-off by both being denied the right to transact freely by government.

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FED Raises Interest Rates- ROC’s Retain Buy Signal

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At the Federal Reserve’s recent policy meeting on Wednesday, December 14th the FED raised their federal-funds target interest rate by a quarter percentage point, to range between 0.50% and 0.75%. Fed officials pointed to a strengthening economy and inflation nearing their targeted level of 2%. According to the The Wall Stree Journal “The Fed’s more

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Trump Reaches Magic Number of Delegates

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In June 2015, when real estate billionaire Donald Trump announced that he was joining the host of candidates for the Republican Nomination for President he was considered to be either a “long shot” to gain the nomination or a joke. But on Thursday May 26th, the Associated Press announced that Billionaire and Republican presidential candidate Donald Trump has reached the magic number of delegates necessary to clinch his party’s nomination. The development comes after a small number of unbound Republican delegates told the AP that they would support Trump at the Republican National Convention this summer.

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Money vs Justice

The More Corrupt the State, the More Numerous the Laws

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In his first inaugural address, Thomas Jefferson said the purpose of government is to “restrain men from injuring one another” and “shall leave them otherwise free to regulate their own pursuits of industry and improvement.” Americans were to live under a presumption of freedom. A recent WSJ article said, “It was our boast that in America, unlike in any other country, you could live your life as you saw fit as long as you accorded the same liberty to everyone else.” But all that has changed now.

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Why Hillary was Smiling in New Hampshire

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Many commentators were wondering why Hillary was smiling so broadly after the New Hampshire primary since she lost so soundly. NPR said, “Bernie Sanders crushed Hillary Clinton with Democratic voters, just as polls had predicted.” Sanders had 60% of the popular vote and Hillary only had 38%. And there she is smiling like the cat who ate the canary. Why?

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The Fed’s Alice In Wonderland Economy – What’s Next?

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After the president of the United States, the most powerful person on the planet is the chairman of the Federal Reserve. By simply choosing to utter the right words, the chairman of the Fed can create or extinguish trillions of dollars of wealth both in and outside of the U.S. He holds the economic fate of billions of people in his hands. So it’s no shocker that investors carefully parse everything he says.

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Why the IRS Seized All the Money from a Country Store

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Last July, a swarm of officers from North Carolina’s Alcohol and Law Enforcement, the local police and the FBI descended on McLellan’s place of business.

The agents told the small business owner something that shook him to his core: The Internal Revenue Service had seized all of the money in L&M’s bank account: $107,702.66.

“‘Are you telling me you took my money?'” McLellan recalled asking the agents. “I didn’t understand what was going on. They dropped a bomb on me. I was lost for five to 10 minutes. I can’t believe that y’all guys can walk in here and tell me y’all took every bit of my money out of the bank.”

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