Tesla continues to use government to rob the poor to pay the rich

Tesla continues to use government to rob the poor to pay the rich

By H. Sterling Burnett / Heartland Institute Federal largesse is finally running out for Tesla buyers, who will no longer be able to claim a $7,500 per-vehicle tax credit. The company expects to sell its 200,000th luxury vehicle anticipated sometime in 2017. Years ago, Tesla promised the masses an affordable electric vehicle getting more than […]

Money laundering scandal at Australia’s largest bank triggers another call for ban of cash

Money laundering scandal at Australia’s largest bank triggers another call for ban of cash

By Mike “Mish” Shedlock Ian Narev, the CEO of Commonwealth Bank of Australia (CBA), the nation’s largest bank is set to step down amid money laundering charges. Money laundering is big business in Australia because regulations do not cover lawyers, real estate agents, accountants, and CEOs ignoring warnings from police. Despite the obvious problem, it’s cash itself that gets […]

Business-friendly policies put Florida economy in overdrive, governor says

Business-friendly policies put Florida economy in overdrive, governor says

By Mike Carroll / Watchdog.org Florida Gov. Rick Scott’s office has been highlighting new economic numbers on state job growth, consumer confidence and the unemployment rate, arguing that they validate his business-friendly policies. Consumer optimism numbers for July contain a few undercurrents of uncertainty, however, and Scott’s political opponents say the state’s economic growth has […]

Amazon opens ‘Instant Pickup’ points in U.S. brick-and-mortar push

Amazon opens ‘Instant Pickup’ points in U.S. brick-and-mortar push

From Freedom’s Phoenix BERKELEY, Ca (Reuters) – Amazon.com Inc is rolling out pickup points in the United States where shoppers can retrieve items immediately after ordering them, shortening delivery times from hours to minutes, the company said on Tuesday. The world’s largest online retailer has launched ‘Instant Pickup’ points around five college campuses, such as […]

How your tax dollars may save energy but end up penalizing homeowners

How your tax dollars may save energy but end up penalizing homeowners

By Alan Carlin / Heartland Institute Saving energy is not an appropriate goal for government regulation or even an important one. Energy is very important to modern civilization but it is just one of many commodities required by modern life. Governments often intervene in markets. In a very few cases this can be justified because […]

Behind the EpiPen pricing scandal: Why generics don’t necessarily reduce prices – Mish proposals

Behind the EpiPen pricing scandal: Why generics don’t necessarily reduce prices – Mish proposals

By Mike “Mish” Shedlock Despite widespread availability of generic versions, customers do not often use them. Why? In some cases, pharmacies are under obligation to not mention cheaper alternatives. Some pharmacists may not be aware of cheaper alternatives because they do not know what a plan covers. And behind the scenes, there is the complex […]

Double-dipping reports heighten concerns about Nevada pension system

Double-dipping reports heighten concerns about Nevada pension system

By Michael Carroll / Watchdog.org Buoyed by recent exposés about retirees “double-dipping” on the public’s dime, critics of Nevada’s pension system now express hope for a groundswell of taxpayer support for reforming the system. About 700 state employees have taken advantage of a 2001 law allowing state retirees to return to jobs in the public sector deemed […]

High tobacco taxes fueling illicit trade and criminal activity

High tobacco taxes fueling illicit trade and criminal activity

Jessica Markowitz / Taxpayers Protection Alliance It’s a special kind of irony when lawmakers gamble on the legal lifestyle choices of others to compensate for the poor budgetary decisions that they make. Time and time again lawmakers turn to taxing soda and tobacco as lucrative revenue opportunities. But, budgeting problems stem from not spending money […]

First U.S. company offers microchip implants to employees

First U.S. company offers microchip implants to employees

From Technocracy News Although not required, chipping is socially demanding and will establish two classes of workers: those who have and those who don’t. Technocrats do because they can, not because it is particularly smart. ⁃ TN Editor A Wisconsin company called Three Square Market is going to offer employees implantable chips to open doors, buy snacks, log in […]

Bogus Fed research claim: “Gold Standard didn’t really tame inflation”

Bogus Fed research claim: “Gold Standard didn’t really tame inflation”

By Mike “Mish” Shedlock The Wall Street Journal reports Gold Standard Didn’t Really Tame Inflation, New Research Says. The research was by St. Louis Fed economist Fernando Martin. Curiously, his study precisely shows that the gold standard did indeed tame inflation. Let’s investigate Martin’s bogus claim and his peculiar logic in making it. In his email to the […]

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