401(k) millionaires are bragging and posting their balances to social media

“In what many will see as the latest sign of investor euphoria — and of our society’s oversharing epidemic — sharing your 401(k) balance on social media seems to have become a thing. With the Dow Jones Industrial Average and the S&P 500 index hitting record after record since President Trump’s election in November 2016, the question, ‘How’s your 401(k) doing?’ has become a staple in his speeches at campaign-style rallies and fundraisers. And 401(k) balance shoutouts have become a staple among his supporters — and detractors — on Twitter.”

Read more: https://www.marketwatch.com/story/people-are-bragging-about-becoming-401k-millionaires—-and-posting-their-balances-to-social-media-2018-01-29

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

The ‘beneficial ownership’ proposition undermines tax reform

“The Counter Terrorism and Illicit Finance Act would require corporations and limited liability companies with fewer than 20 employees to file a form with the Treasury Department at the time of formation, and update it annually, listing the names of all beneficial owners and individuals exercising control.  This proposal carries with it a criminal penalty of up to three years in prison. Given the substantial penalties, this will impose a massive regulatory tax on small businesses as they spend money on lawyers that should go toward workers’ pay.”

Read more: http://thehill.com/opinion/finance/371049-the-beneficial-ownership-proposition-undermines-tax-reform

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

NYTimes: Loathing The Feds in the Ranchlands of Oregon

“In the 1970s, the Federal Land Policy and Management Act shifted the focus of the Bureau of Land Management from resource extraction to conservation. The policy marked the beginning of the Sagebrush Rebellion, a grass-roots revolt among ranchers, loggers and miners against environmental laws, like the 1964 Wilderness Act and the 1973 Endangered Species Act. Rural communities believed these new restrictions and regulations undermined their prosperity and shifted the fate of small-town economies into the hands of the federal government.”

Read more: https://www.nytimes.com/2018/01/18/magazine/fear-of-the-federal-government-in-the-ranchlands-of-oregon.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

This Was Mises’s Main Case for Peace

“Liberals understand better than anyone that isolation would benefit nobody. Understanding the importance of the division of labor reminds us how much value others bring into each of our lives, even if indirectly. And it makes us realize that war should be avoided at all costs.”

Read more: https://fee.org/articles/mises-main-case-for-peace/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

The Latest in Local Government Pettiness

“These local governments are basically extortion rackets. And the targets are usually the less fortunate.”

Read more: https://fee.org/articles/the-latest-in-local-government-pettiness/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Professor Maintains List of 400,000 “Far-Right Extremists” For Antifa, SPLC

“The anonymous left-wing activist, states Wired, posts the identities of the people whose information she gives him, along with their photographs, ‘for the public to do with what it would.’  Squire also shares her data with the far-left militia group, Redneck Revolt, where it reportedly ‘gets used in somewhat less official ways.'”

Read more: http://dailycaller.com/2018/01/17/professor-doxing-far-right-antifa/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Even Organic Banana Republics Need Capitalism, Not Central Planning

“In August 2013, men with bulldozers arrived in Tru-du-Nord, Haiti, to confiscate land for their government’s vision of growth in the region — organic bananas. There have been zero banana exports since July 6, 2016.  The Haitian government has failed to maintain the property, and it is a wasteland.”

Read more: https://fee.org/articles/haiti-needs-capitalism-not-more-central-planning/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

How One New Tariff Could Cost You $5,000 This Year

“You probably won’t save $5,000 in energy costs in three years with solar panels. So you might as well wait until the tariff expires.  This won’t help American solar companies, it will just make people delay installing solar. This could end up slaughtering the entire solar industry. It almost makes you wonder if the real reason is to protect coal and oil energy producers.”

Read more: http://www.thedailybell.com/news-analysis/how-one-new-tariff-could-cost-you-5000-this-year/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Peak Cantillon Effect: Swiss National Bank Prints Its Way To Prosperity

“The SNB raked in ENORMOUS investment profits because they printed hundreds of billions of francs, which inflated the prices of assets that they themselves were buying.  And today, because of those artificial investment gains that they engineered for themselves, the SNB is now the most profitable company in the world.  Oh, and just so you know the other half of the story, while the central bank is raking in record profits, total debt in Switzerland has skyrocketed.”

Read more: http://www.thedailybell.com/news-analysis/this-funds-investment-performance-rivals-bitcoin-puts-warren-buffett-to-shame/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

There Will Be No Viking Longboats Cruising the Mississippi

Switzerland-based Viking Cruises, which wanted to build and send small cruise ships up the Mississippi River, leaving new tourism dollars for river towns in its wake, is backing off its plan.  Our own federal laws are to blame. More specifically, President Grover Cleveland’s Passenger Vessel Services Act (PVSA). The 1886 law requires that in order to ferry passengers between ports in the United States, the ship must have been built in the United States and be owned and operated by Americans.”

Read more: http://reason.com/blog/2017/12/15/there-will-be-no-viking-longboats-cruisi

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin