Report links wind turbines to human health problems

Report links wind turbines to human health problems

By Bonner R. Cohen / Heartland Institute The rapid expansion of wind power facilities in the United States, driven in large part by federal government subsidies and state renewable-energy mandates, has been accompanied by a spreading rash of health complaints from people living near the giant, spinning turbines. A recent report by GateHouse Media examines reports of […]

Garment bots will replace 60 million apparel workers

Garment bots will replace 60 million apparel workers

By Mike “Mish” Shedlock The end of the line is coming for 60 million global apparel workers, mostly in Sootheast Asia. A Wall Street Journal video explains How Sewing Robots May Put Human Hands Out of Work. Jobs like these will vanish.​ Let’s backtrack with a bit of history on the Elias Howe Sewing Machine.​ In 1846 […]

Congress sets sights on federal cryptocurrency rules

Congress sets sights on federal cryptocurrency rules

From Freedom’s Phoenix Bipartisan momentum is growing in the Senate and House of Representatives for action to address the risks posed by virtual currencies to investors and the financial system, they said. Even free-market Republican conservatives, normally wary of government red tape, said regulation could be needed if cryptocurrencies threaten the U.S. economy. “There’s no […]

Arizona could allow tax payments in Bitcoin and other cryptocurrencies

Arizona could allow tax payments in Bitcoin and other cryptocurrencies

By Mitchell Atencio / Cronkite News Arizonans could be the first in the country to pay their state taxes in Bitcoin if a bill introduced in the Legislature becomes law. Proponents say this would put Arizona on the forefront of the innovative cryptocurrency technology. Critics say the bill is a solution in search of a problem […]

Remington files bankruptcy due to ‘Trump Slump’

Remington files bankruptcy due to ‘Trump Slump’

President perceived as friend to the gun industry, which doesn’t do it any favors at the cash register… Photo by Tac6 Media (CC) (Joshua Paladino, Liberty Headlines) America’s oldest gun manufacturer, Remington Outdoor Co., announced Chapter 11 bankruptcy yesterday, which will allow the company to stay in business while it works to increase sales and […]

Plunge in interbank lending: The straw that broke the Fed’s back

Plunge in interbank lending: The straw that broke the Fed’s back

By Mike “Mish” Shedlock Interbank lending took a historic dive. Readers ask “What’s happening?” Let’s investigate. Note: The led-in chart in this article is inaccurate. For details please see Interbank Loan Series Update: Message From “Fred” However, the message that follows, still applies. Here is a better chart to reflect on. What’s going on? Fed Tightening […]

State minimum wage laws will decimate job growth this year, study says

State minimum wage laws will decimate job growth this year, study says

The new mandatory minimum wage laws set to take effect in 12 states and the District of Columbia in 2018 will have disastrous effects on job growth and the longevity of small businesses, according to a new study provided exclusively to The Daily Caller News Foundation. The study, conducted by the free market advocacy group […]

Bill would prevent future FCC net neutrality intervention

Bill would prevent future FCC net neutrality intervention

By Andrea Dillon / Heartland Institute In the wake of the Federal Communications Commission (FCC) vote to undo a 2015 decision by former FCC Chairman Tom Wheeler classifying the internet as a public utility, U.S. Rep. Marsha Blackburn (R-TN) is sponsoring a bill that would prohibit the agency from enacting similar power grabs in the […]

Trade gap surges, Mexico overtakes Japan for 2017: Placing the blame

Trade gap surges, Mexico overtakes Japan for 2017: Placing the blame

By Mike “Mish” Shedlock The trade gap widened much more than expected in December. Imports and exports rose, with imports rising far more. In what’s likely to negatively impact the next revision to fourth-quarter GDP estimates, the BEA’s report on International Trade for December shows the trade deficit widened sharply thanks to surging imports. The deficit was […]

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