Christian Lopez might end up wishing he kept that baseball after all.
Lopez became more than a footnote to the spectacle of Derek Jeter(notes) getting his 3,000th hit on Saturday at Yankee Stadium by returning the mileston
Voters remain strongly supportive of a free market economy over one controlled by the government and still think small businesses are hurt more than big businesses when the government does get involved.
A new Rasmussen Reports national telephone survey finds that 72% of Likely U.S. Voters believe a free market economy is better than an economy managed by the government. Just 14% think a government-managed economy is better. Another 14% are not sure. (To see survey question wording... (more)
Washington, D.C. is considering a bill that would require every cab driver in the city to own a special permit called a medallion. The total number of medallions would be capped at 4,000, which would reduce the current number of cabs by more than one-third and put thousands of drivers out of business. (The city government has no idea how many licensed cabs are in the d... (more)
Apparently, Michelle Bachmann is a complete idiot because she doesn't think the government should print money Zimbabwe style. Here's the ThinkProgress article where they assure us even republican economists love government money printing, who'd a thunk?! See Th... (more)
A COUPLE living an "off-grid" lifestyle say they face prison unless they move from their own land in Willand and return to an existence in the benefits trap.
Stig and Dinah Mason bought Muxbeare Orchard after a sudden windfall allowed them to quit their impoverished lives on a Hertfordshire council estate two years ago.
The Masons have transformed what they described as a derelict four-acre plot into a haven of self-sufficiency boasting a 400 sq m allotment, a polyt... (more)
Daily Bell: What has been your position on gold and silver? Do you expect the purchasing power of either or both to go higher?
Marc Faber: Well I basically focus more on gold than silver, although I am on the board of a company, Sprott Inc., that is identified with a very bullish view of silver. I prefer gold. My view is, yes, I have been positive for gold for the past 10 or 12 years and I could make a case that gold today is cheaper than it was in 1999 when it was at $252. Cheape... (more)
Federal Reserve Chairman Ben S. Bernanke’s standing with the public has slid to its lowest level in almost two years of polling on the issue, even as faith in the Federal Reserve holds up.
Bernanke is viewed favorably by 30 percent of those polled, compared with 26 percent who view him unfavorably; the remainder are unsure. In September of 2009, Bernanke enjoyed 41 percent approval and 22 percent disapproval. The Fed itself is viewed favorably by 42 percent of voters, little chang... (more)
Federal Reserve Chairman Ben S. Bernanke left the door open to a fresh shot of monetary stimulus should the economic rebound he’s predicting fail to materialize.
The Fed would be “prepared to take additional action, obviously, if conditions warranted,” including the purchase of more Treasury securities, Bernanke said yesterday after U.S. central bankers met in Washington. The economy will probably overcome constraints from elevated energy prices and Japan- related disruptions to ... (more)
A new Rasmussen Reports national telephone survey finds that 70% of Likely U.S. Voters think it would be bad for the economy if the debt ceiling is not raised and the federal government defaults on some of its loan obligations. Just 7% disagree and think it would be good for the economy. Eleven percent (11%) feel a government default will have no impact, and another 11% are not sure.
But 56% of voters see more short-term economic danger in failing to significantly cut federal spen... (more)
Only 7% realize default is good for our economy? That's unfortunate. Default is actually a huge win for our economy as it would get us out of massive debt obligations which our government got us into (against our will). It's the equivalent of declaring bankruptcy to get out of your student loans (pre-bankruptcy "reform," of course). Default would mean less taxes need to be stolen to pay off bond holders etc. and people who lent to our stupid government, it would also make people less likely to lend to our stupid government in the future. - Chris
The Bitcoin community faced another crisis besides this on Sunday afternoon as the price of the currency on the most popular exchange, Mt.Gox, fell from $17 to pennies in a matter of minutes. Trading was quickly suspended and visitors to the home page were ... (more)
Licensing laws have been proven to be an effective government mechanism for reducing free market competition, consumer options and employment opportunities. Features Walter E Williams, Paul Avelar and Jestina Clayton. http://www.LibertyPen.com
"This is $750K of government supplies going in the trash due to expiration. We buy it, hold it until it expires, and throw it away. This is a monthly routine."
"Don't want to get too specific, but they are supplies that are held for contingencies (disasters etc.) in the US.... (more)
