Trump Changes Everything
We are now in a Trump takeover. Trump changes everything. The mantra in the past was “don’t fight the Fed.” Next year it’s going to become don’t fight Trump!”
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The Lust for War
Imperial Washington is provoking tensions and confrontations everywhere —from the South China Sea to Syria, Iraq, Yemen, Libya, the Black Sea, the Baltics and Ukraine — that have no bearing whatsoever on the safety and security of the citizens of Spokane WA, Topeka KS and Springfield MA.
Is Fast Food Slowing Down? Five Growing Trends in Restaurants Today
Americans’ taste preferences over the past few years have shifted away from fast food and towards healthier, but still casual, alternatives. Although McDonald’s, Burger King, and their ilk have seen a dramatic slowing in their sales, competitors like Panera Bread, Chipotle and in the west, Cafe Zupas have stolen market share by offering options with more natural ingredients and more vegetables.
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Why America is no Longer a Free Capitalist Country
Unfortunately, as soon as you put someone in control of the distribution of wealth… greedy, power-hungry individuals will gain control of it and take the majority share for themselves and their friends. Also as soon as you centralize the means of production it becomes inefficient and produces less… making everyone poorer. A lesson learned from the former Soviet Union (i.e. Soviet Socialist Republic): When the government mandated that a factory produce 1 million nails a month they produced a million tiny worthless nails. So the government mandated that they produce 100,000 pounds of nails so they produced 100,000 (equally worthless) 1 pound nails. On the other hand, a truly capitalist factory must produce what the consumer wants or it will go out of business.
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The Socialist Time Capsule
“What I have seen in the socialist country of Caracas, Venezuela,” Luke Rudkowski of WeAreChange wrote following his recent trip to the country, “has really rocked me to my core. “The government spends their resources on gun-free zones, no smoking areas, permits for everything, making sure people can’t protect and arm themselves, social planning, price controls on basic necessities that makes them nonexistent, bank controls so you can only take out $1 from an ATM, and you virtually have to wait in line for everything.
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The Six Contradictions of Socialism in America
It was nice living in America before it changed the course towards the so-called “progress,” which, according to my compass, is pointing backward. All of a sudden, I find myself playing the role of a comrade from the “future,” helping my new compatriots to navigate the quagmire ahead.
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The End of the Longest Running War in the Americas
Today, a violent Colombia is just a Hollywood fiction. The real Colombia has one of the fastest-growing economies in Latin America. Some remote areas are still no man’s land. But the drug wars and civil conflict that started in the 1960s and tormented much of the country have wound down. I’d feel much safer walking down a street in Medellín tonight than I would in many parts of New York City, Chicago, or Washington, D.C. Plus, unlike most Latin American countries, Colombia welcomes and respects foreign investment.
It’s clear to anyone who has been there recently that Colombia has turned a page to a better future. The country has immense charm and plenty of opportunity for investors. That was certainly my impression after visiting earlier this year.
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The Balance Between Creating and Taking
The whole of economic life is a mixture of creative and distributive activities. Some of what we ‘‘earn’’ derives from what is created out of nothing and adds to the total available for all to enjoy. But some of it merely takes what would otherwise be available to others and therefore comes at their expense.
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Debt Limit Showdown: Obama Administration Ramps Up Pressure on Republican Allies
The Republican-controlled Congress faces some tough decisions in the days ahead. Who will they select to replace John Boehner as Speaker of the House? Will they capitulate to the Obama administration’s demands for a no-strings-attached increase in the national debt?
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Markets Crashing, Gold Rising
U.S. Investors are on edge following last week’s and today’s sell-off in stocks around the globe. The carnage impacted equity markets in Asia, Europe, and the U.S.
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