Worst Case Scenario: Why I Believe The Internet Could Get Shut Down
Kiss Privacy And Data Security Good-Bye Image Credit: (VALERY HACHE / AFP/Getty Images) Congressman Darrell Issa should be angry. He’s not the shy, retiring type. He likes acting on his anger and enjoys it when other folks watch. His latest source of ire is Marilyn Taverner. It turns out that the HHS IT system for Obamacare has been hacked and used | Read More »
A Hypersonic Failure and Sluggish Consumer Spending
On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss a failed Pentagon test of a new hypersonic missile, sluggish consumer spending and why people aren’t saving money.
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Mitch McConnell Doesn’t Help Republicans Look Anti-Cronyism
Did you happen to catch this story the other day at National Journal? “Only one week after Sen. Mitch McConnell took the CEO of Delta Air Lines to breakfast in the exclusive Senate Dining Room last month, the airline executive and his wife wrote $10,000 worth of checks to help fund McConnell’s political operation. The donations, which were reported to the Federal Election Commission on Wednesday, made Rick and Susan Anderson | Read More »
Burger King In Exile
High Tax Rates Chase Off Income Earners Image Credit: (Wall Street Journal and News Busters) The revenue from a 100% Tax Rate against a revenue base of zero equals zero. The revenue of a smaller and more reasonable rate of taxation against a significantly large base of revenue is still a pretty big number. This fundamental truism eludes the statist drones | Read More »
Consumer Financial Protection Bureau Bilks Taxpayers out of Millions
Just over three years ago, subsequent to the Dodd-Frank financial “reform” bill passing, the Consumer Financial Protection Bureau came into existence. As Elizabeth Warren’s intellectual baby, it should be no surprise to conservatives that the CFPB is an exercise in the biggest kind of government. However, in the third year of the CFPB’s existence, a bevy of stories have broken that underline that the bureau | Read More »
Tax Credits to Help the Middle Class
On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss supply side economics vs. tax credits, how tax breaks can help the middle class and how to spark growth in the lagging economy.
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I Hope The Libertarian Moment Happens In Ferguson, MO
Quis Custodiat Ipsos Custodies? The news coming out of Ferguson, MO caused me to experience the equivalent of a bad acid flashback without the initial fun of tripping on LSD. I went back in time to 1999. I was in Grad School at UCLA getting vastly over-credentialed for the job market and educated far beyond my limited frontiers of cognitive ability. | Read More »
How Anthropogenic Climate Change Is Killing Detroit, MI
Climate Change In Detroit, MI There are people in Detroit, MI who believe that water is a human right. There are others that are simply having a hard time believing how expensive their bills have gotten. The City of Detroit responded by proposing to cut municipal water service for people who didn’t pay their bills. This has lead to a movement | Read More »
Obama’s Own Stimulus Predictions Show We’d Have Been Better Off Without It
Upon arriving late (as usual) to his press conference, Obama launched into a tirade about the obstructive Republican party that has gotten in his way so often that the world is now on fire as a result. This was, in part, a way of using the bully pulpit to remind Americans how awesome the Recovery Act (Stimulus) was and that it is the reason for | Read More »
Could the Unemployed Cause Political Turmoil?
On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss the July jobs report, the numbers of Americans unemployed or underemployed and if long-term unemployment could lead to political instability.
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Hugo Chavez Still Haunts Venezuela
Where Venezuela’s Brainpower Went Image Credit: The Economist Magazine. To understand why Senator Elizabeth Warren’s 11 Principles of Progressivism might as well have come chapter and verse from one of Anton LeVay’s Satanic Bibles, it helps to look at what life is like in a place that is governed by an unabashed cleric of the Progressive Religion. Venezuela bore the weight | Read More »
To Fix The Minimum Wage, Take an Example From The Federal Government
Make Companies Invest In Low Wage Areas A lot of people demand that employers pay a Living Wage. They generally seek to impose such a wage by hiking the minimum wage that employers are legally allowed to pay to some premium. This, they believe, will make employees have a better life. The tactic fails for two reasons. If the wage is | Read More »
Les Miserables – The Tragedy of Poverty and The Clintons
Politicians Claiming Poverty “You have no reason to remember, but we came out of the White House not only dead broke, but in debt,” Clinton said. “We had no money when we got there, and we struggled to piece together the resources for mortgages for houses, for Chelsea’s education. It was not easy. Bill has worked really hard. And it’s been | Read More »
General Motors Continues to Invest American Tax Dollars Overseas
The World Cup ended in a tight contest between Argentina and Germany on Sunday, but even after what was by most accounts an exciting tournament, the American enthusiasm gap between football and futbol remains considerable. It was noteworthy, then, when the iconic American car brand Chevrolet inked a $70 million sponsorship deal with English Premier League giant Manchester United. The Chevy logo will now grace the front of | Read More »
Could a Banking Crisis in Portugal Spread Across Europe?
On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss the collapse of Portugal’s Espirito Santo bank, what it means for the country’s banking system and if a crisis in Portugal could spread across Europe.
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