“The aid will be facilitated by the Commodity Credit Corp, an agency set up during the Great Depression, and will not require congressional approval.”
“People depending on a pension not only likely won’t get the money owed to them in the future… but they’ll also get stuck paying more into the system today. It’s a true lose/lose.”
“A Reuters analysis of U.S. household data shows that the bottom 60 percent of income-earners have accounted for most of the rise in spending over the past two years even as the their finances worsened – a break with a decades-old trend where the top 40 percent had primarily fueled consumption growth.”
“To Venezuelans such wisdom is essential, because when you are coping with hyperinflation, the long term is next week.”
“The government does not fine or otherwise prosecute ‘free’ drivers because the purpose of the licensing bylaw is to restrict competition, not to protect the public.”
Read more: https://mises.org/wire/governments-war-ladies-who-drive-you-home-hospital
“Roughly 15,000 Boers are ready to leave their country and begin a new life in Russia.”
Read more: https://www.rt.com/business/433772-boers-sa-russia-resettlement/
“The three asserted that they had no choice but to use taxpayer money to stabilize the financial institutions. Paulson said, ‘I was totally ineffective at having the American people understand that what we were doing was for them and not for Wall Street.'”
Read more: https://apnews.com/f0c5c2a63f16473e999f64312039dbe2
“Thank the Trump tariffs on imported washing machines, washing machine parts, steel, and aluminum for the largest three-month price increase—16.4% from February to May this year—in the 40-year history of the Bureau of Labor Statistics (BLS) series for Major Appliances: Laundry Equipment.”
“Taxpaying families are paying more for public school employees but getting less public education for their children in return.”
Read more: http://blog.independent.org/2018/06/22/growing-public-employee-benefits-to-force-school-cuts/
“New Jersey will soon learn that its residents aren’t tied to the land like medieval serfs in the feudal system. Governments still have this antiquated view, but it’s no longer valid. Americans who want to legally avoid state income tax can easily move to Florida, Texas, and the handful of other states with no state income tax. And those who want to legally avoid federal income tax can move to Puerto Rico.”
Read more: https://www.sovereignman.com/tax/the-state-of-new-jersey-just-signed-its-own-death-warrant-23939/