Category: Regulation


$4.15 Per Pound: Ground Beef Climbs To Another Record High

 

 

beef

 

 

 

” The average price for a pound of ground beef climbed to another record high$4.156 per pound — in the United States in October, according to data released today by the Bureau of Labor Statistics (BLS).

  In August, the average price for a pound of all types of ground beef topped $4 for the first time, hitting $4.013, said the BLS.  In September, the average price jumped .083 cents to $4.096 per pound, an increase of 2.1 percent in one month.

  In October, which is the latest data from the BLS, the average price for a pound of ground beef ($4.156) increased 1.4 percent from September.

  A year ago, in October 2013, the average price for a pound of ground beef was $3.389 per pound. Since then, it has climbed 76.5 cents, or about 22.6 percent in one year.

  Five years ago, in October 2009, the average price for a pound of ground beef was $2.177, according to the BLS. The price has since climbed by $1.977 per pound, or 90.8 percent. “

 

CNS News

 

 

 

 

 

 

 

 

 

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Last Week Tonight With John Oliver: Net Neutrality

 

 

 

     We’ve run this video before but now that the FCC’s attempt to regulate the internet have been brought back to the public’s attention we thought that Mr Oliver’s take on the cronyism and statism that is represented by the Obama administration’s plans to make the internet a “public utility” deserve further prominence . 

 

 

 

 

” First Senator Ted Cruz, R-Texas, compared net neutrality to “Obamacare for the Internet,” and now outspoken businessman Mark Cuban has tweeted that President Barack Obama’s proposed policy is something “straight out of Ayn Rand.”

  Cuban, owner of the NBA’s Dallas Mavericks and numerous entertainment outlets, tweeted a series of comments about net neutrality on November 13. (Tweets are below.) The tweets centered on comparing net neutrality to the extreme overreaches of government authority depicted by pro-capitalist author and philosopher Ayn Rand in such novels as “Atlas Shrugged” and “The Fountainhead.”

  In one of his tweets, Cuban wrote, “If Ayn Rand were an up and coming author today, she wouldn’t write about steel or railroads, it would be net neutrality.” “

 

NewsBusters

 

 

 

 

 

 

 

 

 

We Caught Up With Him To Find Out

 

 

 

 

 

 

” Wondering how libertarians view the world? The Daily Signal caught up with John Stossel, host of “Stossel” on the Fox Business Network, to hear how the political perspective applies to controversial issues such as Ebola, the economy and drug legalization.

“ Legalization is not about moral implication,” he said while speaking on the issue of drug legalization. “We argue that the drugs are bad … but the laws against them creating the black market are far worse.” “

 

Thanks to The Daily Signal

 

 

 

 

 

 

 

 

 

FEC Democrat Pushes For Controls On Internet Political Speech

 

 

 

 

 

 

” The FEC deadlocked in a crucial Internet campaign speech vote announced Friday, leaving online political blogging and videos free of many of the reporting requirements attached to broadcast ads — for now.

  While all three GOP-backed members voted against restrictions, they were opposed by the three Democratic-backed members, including FEC Vice Chair Ann M. Ravel, who said she will lead a push next year to try to come up with new rules government political speech on the Internet.

  It would mark a major reversal for the commission, which for nearly a decade has protected the ability of individuals and interest groups to take to engage in a robust political conversation on the Internet without having to worry about registering with the government or keeping and reporting records of their expenses.

  Ms. Ravel said she fears that in trying to keep the Internet open for bloggers, they’ve instead created a loophole for major political players to escape some scrutiny.

“ Some of my colleagues seem to believe that the same political message that would require disclosure if run on television should be categorically exempt from the same requirements when placed in the Internet alone,” said FEC Vice Chair Ann M. Ravel in a statement. “As a matter of policy, this simply does not make sense.”

  She said the FEC should no longer “turn a blind eye to the Internet’s growing force in the political arena,” and she vowed to force a conversation next year on what changes to make.

  The three Republican-backed commissioners, though, said in a joint statement that Ms. Ravel’s plans would stifle what’s become the “virtual free marketplace of political ideas and democratic debate.”

 

Washington Times reports on the latest Statist move from our most Statist administration ever 

 

 

 

 

 

 

 

 

 

 

 Why Hillary Clinton Would Be A One-Term President, According To Peter Thiel

 

 

 

 

   The genius behind PayPal , Peter Thiel , speaks with Glenn Beck on the foolish monetary policy bankrupting America and the likelihood of a Clinton presidency being a one term affair .

 

 

 

 

Small Businesses Get A Debilitating Dose Of Reality As Health Insurers Unveil Their Rates For 2015

 

 

 Click The Pic For Interactive Map

 

 

 

” Although the Obama administration has yet to release the federal healthcare premiums for 2015, some private insurers have.

  One of them in Minnesota has indicated that they will be showing increases of up to 60% for their ACA-compliant policies. Preferred One, the largest and lowest-cost provider of health insurance in the state, pulled out of the state’s MNsure exchange last month due to its being “unsustainable.” “

 

 

 

 

 

 

” Furthermore, a study was also just released that surveyed 2,600 businesses around the state, finding that 74% said prices of healthcare insurance increased after the law went into effect and that most of these increases were over 10%.”

 

Rightwing News has more

 

 

 

 

 

How The Feds Block Ebola Cures

 

 

 

 

 

 

” We have technology to potentially control Ebola and other viral outbreaks today. But the federal bureaucracy refuses to catch up with 21st-century science.

  For example, diagnostic startup Nanobiosym has an iPhone-sized device that can accurately detect Ebola and other infectious diseases in less than an hour.

  Two other companies, Synthetic Genomics and Novartis, have the capacity to create synthetic vaccine viruses for influenza and other infectious diseases in only four days. Both firms can also share data about outbreaks instantaneously and make real-time, geographically specific diagnosis and vaccine production possible.

  These companies could start producing Ebola vaccine/treatments tomorrow — except that the Food and Drug Administration’s insistence on randomized studies and endless demands for more data means firms have to spend millions on paperwork instead of producing medicines.

  And for every small company drained by such tactics, many others conclude it’s not even worth trying.

  These advances aren’t available because the FDA is using 19th-century science to decide which medical technologies should be used in the 21st century. “

 

Read more at the NY Post

 

 

 

 

 

 

 

 

 

Economic Freedom Of The World

 

 

Economic Freedom Index

Click for interactive map

 

 

” Global economic freedom fell slightly in this year’s report, and it remains well below its peak level of 6.92 in 2007. The average score fell to 6.84 in 2012, the most recent year for which data is available. In this year’s index, Hong Kong retains the highest rating for economic freedom, 8.98 out of 10. The rest of this year’s top scores are Singapore, 8.54; New Zealand, 8.25; Switzerland, 8.19; Mauritius, 8.09; United Arab Emirates, 8.05; Canada, 8.00; Australia, 7.87; Jordan, 7.86; and, tied for 10th at 7.84, Chile and Finland.

  The United States, once considered a bastion of economic freedom, now ranks 12th in the world, tied with the United Kingdom at 7.81. Due to a weakening rule of law, increasing regulation, and the ramifications of wars on terrorism and drugs, the United States has seen its economic freedom score plummet in recent years, compared to 2000 when it ranked second globally.

  The rankings of other large economies in this year’s index are Japan (23rd), Germany (28th), South Korea (33rd), France (58th), Italy (79th), Mexico (91st), Russia (98th), Brazil (103rd), India (110th), and China (115th). “

 

Cato Institute

 

 

 

 

 

 

 

 

 

 

 

 

US Airways Feels Wrath Of Social Media When Flight Attendant Mistreats Army Ranger

 

 

 

 

 

 

” A U.S. Airways flight attendant’s alleged mistreatment of an Army Ranger on Thursday took Twitter by storm.

  According to ABC affiliate WSOC-TV in Charlotte, N.C., the flight attendant refused a request from First Sergeant Albert Marle to hang up his uniform jacket to keep it from getting wrinkled, telling the ranger the service is only for first class passengers.

  To add insult to injury, when first class passengers agreed to exchange seats with Marle to accommodate his request, the flight attendant refused to allow it.

“ When he asked if he could hang his coat up to keep from getting wrinkled, he had a chest full of medals — many deployments,” Cliff Autrey, a passenger on the flight, told WSOC-TV. “All she had to say was, ‘Yes.’”

  Eventually, another attendant hung up the jacket to the dismay of the first attendant.

  A passenger who appeared to be on the same flight was so outraged that he began tweeting a series of messages about the incident, tagging U.S. Airways. He stressed in one tweet that “not a soul in first class had a coat. Not one!” “

 

Continue reading

 

 

 

 

 

 

 

 

 

 

 

Descent Into Barberism

 

 

 

 

 

” I often joke with my hairdresser Amanda about the number of state permits she requires for the privilege of cutting my hair. As I point out on page 49 of After America (personally autographed copies of which are exclusively available, etc):

  In the Fifties, one in twenty members of the workforce needed government permission in order to do his job. Today, it’s one in three.

  That’s tyrannous – which is bad enough, albeit not unique to America: The entire developed world has massively expanded the hyper-regulatory state. But only in America does the Department of Paperwork command lethal force:

  On August 19, 2010, two inspectors from the Florida Department of Business and Professional Regulation (DBPR) visited the Strictly Skillz Barbershop in Orlando and found everything in order: All of the barbers working there were properly licensed, and all of the work stations complied with state regulations. Two days later, even though no violations had been discovered and even though the DBPR is authorized to conduct such inspections only once every two years, the inspectors called again, this time accompanied by “between eight and ten officers, including narcotics agents,” who “rushed into” the barbershop “like [a] SWAT team.” Some of them wore masks and bulletproof vests and had their guns drawn. Meanwhile, police cars blocked off the parking lot.

  The officers ordered all the customers to leave, announcing that the shop was “closed down indefinitely.” They handcuffed the owner, Brian Berry, and two barbers who rented chairs from him, then proceeded to search the work stations and a storage room. They demanded the barbers’ driver’s licenses and checked for outstanding warrants. One of the inspectors, Amanda Fields, asked for the same paperwork she had seen two days earlier, going through the motions of verifying (again) that the barbers were not cutting hair without a license (a second-degree misdemeanor). Finding no regulatory violations or contraband, the officers released Berry and the others after about an hour. “

 

 

As usual , read the whole thing

 

 

 

 

 

 

 

 

 

 

 

 

This Map Shows The Real Value Of 100 Dollars In Your State

 

 

 

” How far does a dollar go in your state compared to others in the United States? Thanks to the Tax Foundation’s review of Bureau of Economic Analysis data, now you know.

  A dollar doesn’t go quite as far in states like California and New York, and it goes comparatively further in states like Mississippi and South Dakota.

  The cost of living gap is amplified by federal taxes being based on the same income levels regardless of cost of living. Someone who earns $40,000 a year in Jackson, Miss., is taxed at the same federal rate as someone earning $40,000 in San Francisco, Calif.”

 

Continued

 

 

 

 

 

 

 

 

 

 

Number Of Billionaires Hits Record High In 2014

 

 

 

 

 

 

” The world economy is going through a rough patch, yet the world’s billionaire population is at an all-time high.

  A new survey shows that 155 new billionaires were minted this year, pushing the total population to a record 2,325 – a 7 percent increase from 2013.

  Credit goes to the United States – home to the most billionaires globally – where 57 new billionaires were recorded this year, according to the Wealth-X and UBS Billionaire Census 2014 released on Wednesday.

  Asia and Latin America and the Caribbean were also large contributors,with 52 and 42 new entrants, respectively.

” The fastest growing segment of the billionaire population, in terms of wealth source, are those who inherited only part of their fortunes and became billionaires through their own entrepreneurial endeavors,” the report said, noting that 63 percent of all billionaires’ primary companies are privately held.”

 

 

    Does anyone find it peculiar that the biggest growth in the billionaire population is happening in three countries that are heavily State controlled ? That’s right … the US under Obama , China and Russia … WTF ?

 

 

Read on

 

 

 

 

 

 

 

 

 

House Overwhelmingly Passes ‘Audit The Fed’ Bill

 

 

 

 

 

” The Swiss people are speaking out against their central bank. They have demanded a referendum with backing their currency with 20 percent gold and demanding return of their gold stored in the United States. Likewise, the American people are seeking restraints on the Fed—our central bank.

  The House overwhelmingly passed a bill to Audit the Fed and, if it ever becomes law, the people will demand reform of our monetary system that rewards a privileged few at the expense of the middle class and poor. This bill was passed in the House once before in 2012 while I was still a member. Fortunately the momentum continues, and thanks especially to Paul Broun of Georgia and Thomas Massie of Kentucky. It passed this time with an even greater margin—327 to 98—which was strongly bipartisan. “

 

Read more

 

 

 

 

 

 

 

 

 

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Published on Sep 11, 2014

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McKitrick Paper: No Warming For 19 Years

 

image

 

 

 

” The Guardian in 2009 predicted five years of rapid warming:

  The world faces record-breaking temperatures as the sun’s activity increases, leading the planet to heat up significantly faster than scientists had predicted for the next five years, according to a study.

  The hottest year on record was 1998, and the relatively cool years since have led to some global warming sceptics claiming that temperatures have levelled off or started to decline. But new research firmly rejects that argument.

  The research, to be published in Geophysical Research Letters, was carried out by Judith Lean, of the US Naval Research Laboratory, and David Rind, of Nasa’s Goddard Institute for Space Studies.

  Fail. Five more years of no warming followed.

  Professsor Ross McKitrick says in a new paper that the warming pause has now lasted an astonishing 19 years at the surface and 16-26 years in the lower troposphere: “

 

Read on

 

 

 

 

 

 

 

 

 

 

The Coming Digital Anarchy

 

 

 

 

 

 

” The rise and rise of Bitcoin has grabbed the world’s attention, yet its devastating potential still isn’t widely understood. Yes, we all know it’s a digital currency. But the developers who worked on Bitcoin believe that it represents a technological breakthrough that could sweep into obsolescence everything from social networks to stock markets… and even governments.

  In short, Bitcoin could be the gateway to a coming digital anarchy – “a catalyst for change that creates a new and different world,” to quote Jeff Garzik, one of Bitcoin’s most prolific developers.

  It’s already beginning. We used to need banks to keep track of who owned what. Not any more. Bitcoin and its rivals have proved that banks can be replaced with software and clever mathematics.

And now programmers of a libertarian bent are starting to ask what else we don’t need.”

 

 

Hmm , what don’t we need ? 

 

 

” Imagine driverless taxis roaming from city to city in search of the most lucrative fares; a sky dark with hovering drones delivering your shopping or illicit drugs. Digital anarchy could fill your lives and your nightmares with machines that answer to you, your employers, crime syndicates… or no one at all. Nearly every aspect of our lives will be uprooted.

  To understand how, we need to grasp the power of the “blockchain” – a peer-to-peer ledger which creates and records agreement on contentious issues with the aid of cryptography.

  A blockchain forms the beating heart of Bitcoin. In time, blockchains will power many radical, disruptive technologies that smart people are working on right now.

  Until recently, we’ve needed central bodies – banks, stock markets, governments, police forces – to settle vital questions. Who owns this money? Who controls this company? Who has the right to vote in this election?

  Now we have a small piece of pure, incorruptible mathematics enshrined in computer code that will allow people to solve the thorniest problems without reference to “the authorities”. “

 

 

Read much more on the coming of digital liberty at the Telegraph

 

 

 

 

 

 

 

 

 

 

 

 

 

Billionaire Warns: Yellen Collapse ‘Will Be Unlike Any Other’

 

 

 

 

” Another horrific stock market crash is coming, and the next bust will be “unlike any other” we have seen.

  That’s the message from Jeremy Grantham, co-founder and chief investment strategist of GMO, a Boston-based firm with $117 billion in assets under management. 

  Grantham pulls no punches when assigning responsibility for the coming financial carnage. In a recent interview with The New York Times, he calls Federal Reserve Chair Janet Yellen “ignorant” and says the Federal Reserve all but killed the economic recovery

  Grimly, he adds, “We have never had this before. It’s going to be very painful for investors.” 

  Grantham isn’t the only one worried about a market collapse. 

“ We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it.” 

  Billion-dollar investor Warren Buffett is rumored to be preparing for a crash as well. The “Warren Buffett Indicator,” also known as the “Total-Market-Cap to GDP Ratio,” is breaching sell-alert status and a collapse may happen at any moment. “

 

 

Money News

 

 

 

 

 

 

 

 

 

 

Why You Feel Poorer

 

 

costoflivingxpenses-7-1-14

 

 

 

 

” You feel poorer because you are poorer.

  In the last fourteen years, has your income increased over 50%? If you think it has, has it done so after taxes? Even if it has, you likely have not kept up in terms of inflation.

  If you are a retiree, living on fixed income, a pension or bonds, you certainly have become poorer. If you had bought the Dow-Jones on 12/31/1999 you would have entered at about 11,500. It closed last week at less than 17,100. That would have been an appreciation of 6,600, better than 50%. But, of course, that was before taxes.

  As a retiree, you have seen your purchasing power stolen by Fed policies. Whether you invested in fixed income or equities, you lost ground. Anyone in that position has seen their lives become poorer despite a lifetime of successful work and careful financial planning.”

 

 

    As it stands now , no matter how hard you work and save , you’ll never get ahead , not with the present monetary policies put in place at the behest of the Fed and the government . The authorities are systematically destroying all that the American public has worked so hard to attain . The American dream is not being killed by China … It is a victim of filicide

 

 

” For those still working, most are losing purchasing power each year. Wages are not keeping up with inflation, even the understated numbers reported by government. In short, the decline of a once-great economic power is well underway. The country is no longer growing enough to raise everyone’s standard of living.

  Government has killed the golden goose and in an attempt to hide the obvious is debauching the dollars. Government tries to hide their own failure with phony statistics and a welfare state designed to placate the masses. Bread and circuses are deceptions not progress.”

 

 

Read the rest

 

 

 

 

 

 

Hey Harry Reid: Here Are Some Truly Racist Trademarks

 

 

 

” Redskin may be offensive to Harry Reid (and other stupid Leftists), however there are other names that are at least as offensive, if not more. Business Insider did a Top 10 list of racist marketing that is sure to get a few chuckles, and you can see them here. As for trademarks like the Redskins, here is a list of a few that are pending.

Let’s see how the government handles this racism:

Figgas over Niggas: This pending trademark seeks to cover a line of “Apparel for dancers, namely, tee shirts, sweatshirts, pants, leggings, shorts and jackets.” “Niggas,” of course, is a slang version of the word “nigger,” a term considered highly offensive towards black Americans.

Kraut Kap: Another recently-filed trademark, this one for a line of plastic lids. “Kraut” was made famous in World War II as a derogatory term for opposing German soldiers, as well as Germans in general.

Dago Swagg: A label created for a line of clothing. ”Dago” is a corruption of the common name Diego, and is used in English-speaking countries as an offensive term for those of Italian descent, and occasionally people from other Mediterranean countries as well.

Cracka Azz Skateboards: Unsurprisingly, this trademark was taken out for a line of skateboards and longboards, as well as associated clothing such as bandannas. While the USPTO helpfully notes that “The wording ‘cracka azz’ has no meaning in a foreign language,” “cracka” is a slang version of “cracker,” which in this context is a term of derision for whites, used primarily within the black community.”

 

Kevin Jackson Of The Blacksphere has more

 

 

 

 

 

 

 

 

 

 

 

Stuck in Traffic? Thanks, Obama!: Feds To Regulate Waze, Google Maps, And Other Navigation Apps

 

 

 

 

 

” The Obama administration wants to cripple the navigation and traffic reporting apps on your smartphone. In the name of safety, of course.

  Provisions in the proposed transportation bill—which Congress will look at in the next few months—would give the National Highway Traffic Safety Administration the power to regulate apps like Google Maps and Waze, the crowdsourced traffic reporting tool. 

  They’re going to start with automobiles’ built-in navigation devices, since regulatory authority is clearer there. Possible “features” include limiting inputs when the car is in motion, or making people click a button saying that they are a passenger.

  But of course, if they make the onboard navigation systems in cars suck, people will just turn to their smartphones, right? So they had better regulate those too. 

  The impulse to regulate against distracted driving has a long, not terribly glorious pedigree, dating all the way back to efforts to go after people who were changing the radio station while driving. In more recent years, talking and texting bans have failed to show clear positive results and may even cause harm.”

 

 

Reason

 

 

 

 

 

 

 

 

 

 

 

 

NY Firearms Maker Kahr Breaks Ground In Pennsylvania For New Factory

 

Kahr Firearms Group President Justin Moon (left) and Pennsylvania Lt. Gov. Jim Cawley (second from left), break ground on a new factory.

 

 

” One of several firearms companies upset with restrictions imposed under New York state’s latest anti-gun law broke ground last week on a new factory in central Pennsylvania as part of an exodus of gun manufacturers from the state.

  The Kahr Firearms Group held a ceremony in rural Pike Country to mark the beginning of a five-year relocation project on a 620-acre property located about 40 miles east of Scranton.

  Kahr was among several firearms manufacturers that last year announced plans to pull out of New York state in the months following Democratic Gov. Andrew Cuomo’s signing into law restrictive anti-gun legislation known as the SAFE Act.”

 

 

More at the Free Beacon

 

 

 

 

 

 

 

 

 

 

 

Virgin Galactic Signs FAA Deal To Clear Airspace For Suborbital Flights

 

 

 

 

 

 

Virgin Galactic, the private space venture bankrolled by billionaire Sir Richard Branson, has signed an agreement with the Federal Aviation Administration (FAA) that spells out how the company will use U.S. airspace during its planned suborbital flights.

  Virgin Galactic officials have said they hope to begin commercial flights aboard SpaceShipTwo out of New Mexico’s Spaceport America by the end of 2014.

  The deal, which was announced Thursday (May 29), outlines how Virgin Galactic will work with the FAA’s air traffic control center Albuquerque and the New Mexico Spaceport Authority to safely provide clear airspace for SpaceShipTwo space plane.”

 

Story continues

 

 

 

 

 

 

 

 

 

Detroit’s Decline, As Told By Google Street View

 

 

 

 

 

” As the chief product officer at LOVELAND Technologies—a company whose mission is to “gather and present public information about properties” in the interest of “foreclosure prevention, blight identification and reduction, the reuse of vacant space, and the preservation of community assets”—Alex Alsup wades through data on the troubled city of Detroit every day. Luckily for us, he’s been sharing what he sees on a fascinating Tumblr.

GooBing Detroit,” as the name hints, originally featured comparisons of local properties as they appeared on Google Street View (c. 2009) and Bing Streetside (c. 2012). Now Alsup can use Google’s Time Machine feature to collect his images, but the results are no less striking. In just a few short years, abandoned houses crumble to pieces, while fully demolished buildings give way to wild overgrowth and trash-strewn fields.”

 

 

Daily Dot

 

 

 

 

 

 

 

 

 

 

 

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