Wisdom: Mises on Business Crises

The Dow-Jones dropped over 200 points yesterday. As explained by MarketWatch: Benchmark indexes initially cleared their losses after the Fed’s policy statement, then fell hard as Bernanke said the Federal Open Market Committee currently anticipates moderating the monthly pace of purchases later this year, so long as incoming data support the Fed’s forecast. Also from [...]

As one scandal after another breaks in and around the Obama Administration, the integrity and ethics of government come into question. Those who raise these issues are correct in doing so, but rather naive if they believe this behavior is unusual. Simon Black provides a summary of some of the recent issues: Morally and financially [...]

Kyle Bass is one of the best analysts/hedge fund managers. He was one who truly foresaw the current crisis and continued to stay ahead of the subsequent developments. His views are always worth listening to as he is an out-of-the-box thinker with no-nonsense analytical skills. Special notice should be paid to political incentives and how [...]

Some amazing and scary technology is now available to governments for tracking and watching people. This photo advancement is not available commercially (or likely would be too costly), but it provides an idea of what can (and is) being done to watch you. Click on this link, then pick a face out in the crowd [...]

More government fraud, vote-buying and/or incompetence: