The fifth Karl Marx Collectivist award goes to…

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Berkshire Letter Highlights: Shocking $25BN Loss; Buffet Bashes “Deficit Doomsayers”, Emerges As Closet “Austrian”

From Berkshire’s shocking $25BN Q4 loss, to the wild fluctuations in the company’s $173BN portfolio, to Buffett’s optimism about the US, his emergence as an “Austrian” MMTer, here are the highlights from Buffett’s latest annual letter.

Source: Berkshire Letter Highlights: Shocking $25BN Loss; Buffet Bashes “Deficit Doomsayers”, Emerges As Closet “Austrian”

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There Is No National Emergency on the Border, Mr. President

There will be a long legal battle over the President’s declaration of a national emergency along the border, but regardless of the outcome, there is no good reason to declare the border a national

Source: There Is No National Emergency on the Border, Mr. President

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My Personal Trade Deficit Is Killing Me—or So Trump Would Have You Believe

 

President Trump’s trade policies don’t match up with basic economic principles.

Source: My Personal Trade Deficit Is Killing Me—or So Trump Would Have You Believe

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95-year-old billionaire Charlie Munger: The secret to a long and happy life is ‘so simple’

Some bite-sized life lessons from Warren Buffett’s right-hand man.

Source: 95-year-old billionaire Charlie Munger: The secret to a long and happy life is ‘so simple’

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Finley: $22 trillion debt? Let’s spend more

“My vote in 2020 will go to a candidate who levels with the American people about our dire fiscal condition, and the sacrifice required to fix it.”

Source: Finley: $22 trillion debt? Let’s spend more

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EconomicPolicyJournal.com: The Facts You Need To Know That Will Allow You to Destroy Green New Deal Thinking

Source: EconomicPolicyJournal.com: The Facts You Need To Know That Will Allow You to Destroy Green New Deal Thinking

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Supreme Court says states can’t impose excessive fines, and delivers a win to former heroin addict in pivotal ruling

In a unanimous holding, the justices for the first time incorporated the 8th Amendment’s protection against excessive fines to the states.

Source: Supreme Court says states can’t impose excessive fines, and delivers a win to former heroin addict in pivotal ruling

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Plunder – LewRockwell

Frederic Bastiat, a French economist and member of the French National Assembly, lived from 1801 to 1850. He had great admiration for our country, except for our two faults — slavery and tariffs. He said: “Look at the United States. There is no country in the world where the law is kept more within its proper domain: the protection of every person’s liberty and property.” If Bastiat were alive today, he would not have that same level of admiration. The U.S. has become what he fought against for most of his short life. Bastiat observed that “when plunder becomes a … Continue reading →

Source: Plunder – LewRockwell

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EconomicPolicyJournal.com: STOCKMAN UNLOADS: Trump’s Policies Will Bring Down An Economy On Its Last Legs

Source: EconomicPolicyJournal.com: STOCKMAN UNLOADS: Trump’s Policies Will Bring Down An Economy On Its Last Legs

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The Nightmare Fairyland of the Green New Dealers

If the Green New Dealers have their way, the interventionist state will be taken to an entirely new and more destructive level as one great plan for global salvation is imposed on everyone,

Source: The Nightmare Fairyland of the Green New Dealers

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US debt hits record under Trump, Republicans mum

More massive than the US economy, the national debt hit a new record of $22 trillion under President Donald Trump but Republicans who traditionally rail against debt and deficits have remained mum. The sum of borrowing to cover chronic deficits as well as growing interest payments, this mountain of

Source: US debt hits record under Trump, Republicans mum

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A 19th Century Economist on the Simple Secret to Public Prosperity

“Of all the means by which a government can stimulate production, there is none so powerful as the perfect security of person and property, especially from the aggressions of arbitrary power.”

Source: A 19th Century Economist on the Simple Secret to Public Prosperity

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A Tribute to Rep. Walter Jones – Antiwar.com Original

I just retired after serving 30 years in the U.S. House of Representatives and 16 years before that as a lawyer and Judge. Of all the great men and women – Rep. John J. Duncan for Antiwar.com Original

Source: A Tribute to Rep. Walter Jones – Antiwar.com Original

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The Socialist Equalization Obsession Will Destroy America – The Future of Freedom Foundation

One of the principal aims of the progressive (i.e., leftist, liberal, socialist) movement is equalization of income and wealth. They think it’s unfair, even immoral, for some people to have more when others have less. They especially decry the existence of billionaires but their lament oftentimes extends to millionaires as well, sometimes even to anyone who has more wealth than someone else. They want to the government to equalize income and wealth by taking away money from those who have Continue Reading

Source: The Socialist Equalization Obsession Will Destroy America – The Future of Freedom Foundation

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EconomicPolicyJournal.com: EXPLOSION: U.S. National Debt Hits Record $22 Trillion

Donald. the Deficit President.

Source: EconomicPolicyJournal.com: EXPLOSION: U.S. National Debt Hits Record $22 Trillion

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