Faber: 'We are in a massive speculative bubble'Leave it to uber-bear Marc Faber to bring bad news on Black Friday.
Faber, editor and publisher of The Gloom, Boom & Doom Report, told CNBC on Friday he believes a “massive speculative bubble” has encroached on everything from stocks and bonds to bitcoin and farmland. He attributed the vast bubble to “symptoms of excess liquidity.”
Faber said the markets, which have reached record highs, could still rise before the bubble bursts, if stimulus programs such as the Fed... (more)
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Get Ready to Pay More Online: Supremes Refuse to Hear Internet Tax CaseIn another blow to the Constitution, the Supreme Court on Monday declined to hear a case by Amazon and Overstock.com challenging a law that requires online retailers to collect sales tax in states where they have no physical presence. The Supreme Court refusal to hear the case will allow state governments to tax online retailers and turn online retailers into de facto tax collection agencies.
The Court had previously held that under the Commerce Clause (Article I, Section 8, Clau... (more)
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U.S. Ranks Third Lowest of Eleven Countries on Health Care SpendingEvery year, scholars from the Commonwealth Fund report the results of a survey of eleven developed countries, which questions thousands of residents about their health costs and access to health care. The media invariably cherry pick the report to produce headlines like this: "We pay more, wait longer than other countries".
Perhaps there is not much point in getting worked up ab... (more)
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The True Value of Bitcoin: What You Really Need To Know
Stefan Molyneux, MA, host of Freedomain Radio, brings over 15 years of software and business entrepreneurial experience to the question: What is the true value of Bitcoin?
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Jeffrey Tucker - Laissez Faire and the Love of Life Itself
Jeffrey Tucker's morning keynote speech from the 2013 Students For Liberty New Orleans Regional Conference on the campus of Loyola.
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Unemployed and Deployed in AmericaUnemployment will be a global tipping point in 2014, and America will tip as well. Europe is already panicking about the likelihood of young people rioting in the streets next summer. The 17-nation Eurozone is predicting severe riots due to soaring unemployment, especially among the young. In September, the Eurozone's general unemployment rate was 12.2%; the rate for young workers was 24.1%. According to the Organization for Economic Cooperation and Development, youth unemployment is nearly 60% ... (more)
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There Already Is A Government Health Care System In America And It Is The Medical Version Of HellWhat would happen if the entire health care system in the United States was run by the federal government? Would such a system be better or worse than what we have today? To get an answer to these questions, all we have to do is take a look at what is already happening. The truth is that there already is a government health care system in America and it is the medical version of hell. You are about to read about the horrifying state of health care being provided by the federal government at ... (more)
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The Hidden Role of the IRS in ObamacareThe highly publicized glitches and failures associated with the launch of the Affordable Health Care Act have obscured the central role of the IRS in carrying out the law’s mandate. Stripped down to its essentials, Obamacare is not an “insurance” plan at all. It is rather a naked redistributionist scheme to coerce the young and the healthy into paying for the healthcare bills of the elderly and the sickly. This means that some agency had to be enlisted to penalize the young and healthy who r... (more)
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Bitcoin vs. Gold: The Future of Money - Peter Schiff Debates Stefan Molyneux
Is bitcoin a bubble? Does gold have an intrinsic value? Is bitcoin a ponzi or pyramid scheme? Peter Schiff thinks so. Stefan Molyneux and Peter Schiff discuss Bitcoin vs. Gold and the future of money.
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Ben's Rocket to NowhereHerd mentality can be as frustrating as it is inexplicable. Once a crowd starts moving, momentum can be all that matters and clear signs and warnings are often totally ignored. Financial markets are currently following this pattern with respect to the unshakable belief that the Federal Reserve is ready, willing, and most importantly, able, to immediately execute a wind down of its quantitative easing program. Although the release last week of the minutes of the Fed’s last policy meeting did not ... (more)
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Schiff: Bitcoin vs. Gold
With the surging popularity of Bitcoin, Peter Schiff sees another bubble in the making. Peter explains why Bitcoin is not "gold 2.0" but fool's gold. It's modern day alchemy and you are assuming significant risks by "investing" in it. Like a pyramid scheme, many early adapters will profit from bitcoin, but those profits will come at the expense of the losses suffered by tho... (more)
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Molyneux: The Pros and Cons of Bitcoin - What You Need to Know!
Does it matter that Bitcoins are backed by nothing? What happens when the power goes out? These and other essential Bitcoin questions are addressed by Stefan Molyneux, Host of Freedomain Radio!
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