Lunatics are running CA right into the ground. MS
“I have always been a sports car nut. I use to say the day I get an automatic, it’s time to die. Well, thank God I do not live in California. They have just…”
Source: California Bans Porsche Sales – to Save the Planet of course | Armstrong Economics
“The Trump–Deep State clash is a showdown between a presidency that is far too powerful versus federal agencies that have become fiefdoms with immunity for almost any and all abuses,” I wrote in an FFF article a year ago. Since then, Donald Trump lost the 2020 election by fewer than 50,000 votes in a handful of swing states that determined the Electoral College result. There were numerous issues that could drive that relatively small number of votes. But machinations by Continue Reading
Source: The Deep State Defeat of Donald Trump – The Future of Freedom Foundation
“An increase in the supply of money does not necessarily cause the boom-bust cycle. It is only when more money is created out of nothing that the cycle begins.”
Source: Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle
“If there is an absolute maxim by which the American government seems to operate, it is that the taxpayer always gets ripped off.”
“We start with this gem from NY Fed president John Williams. He claims the Fed must keep injecting $120 billion per month of fraudulent credit into Wall Street because, apparently, this quarter’s likely 7% real GDP growth and 5% inflation are not sufficient to meet the Fed’s goals: “… the data and conditions have not progressed enough for the Federal Open Market Committee to shift its monetary policy stance of strong support for the economic recovery.”… You can’t say enough bad things about this knucklehead. He’s the very poster boy for the camarilla of academics and Fed lifers who have … Continue reading →
Source: A Fed Lifer’s Five Basis Point Farce – LewRockwell
