Silver as an investment

Category Archives: Cronyism

Mauldin: The Bonfire Burns On

Authored by John Mauldin via MauldinEconomics.com, “Life invests itself with inevitable conditions, which the unwise seek to dodge, which one and another brags that he does not know, that they do not touch him; but the brag is on his lips, the conditions are in his soul. If he escapes them in one part they […]

Exit Polls Project Sweeping Victory, Supermajority For Japan’s Abe

As widely expected, Japan Prime Minister Abe’s ruling coalition is set for a sweeping victory in Sunday’s general election, and may retain the two-thirds parliamentary majority needed to revise Japan’s constitution, according to an NHK exit poll. Shortly after polls closed at 8pm, an NHK exit poll showed that Abe’s Liberal Democratic Party and coalition […]

Car-Bomb Kills “One-Woman WikiLeaks” Who Led The Panama Papers Revelations

Meet Daphne Caruana Galizia, the journalist who led the Panama Papers investigation into corruption in Malta. A blogger whose posts often attracted more readers than the combined circulation of the country’s newspapers, Caruana Galizia was recently described by Politico as a “one-woman WikiLeaks”. To John Dalli, a former European commissioner whom she helped bring down […]

If Economists Are So Smart, Why Are They Always Wrong?

When I took Econ 101 and 102 as a young college student back in antediluvian times the textbook we were assigned was Paul Samuelson’s Economics: An Introductory Analysis. This book is the all-time best selling economics textbook and is still around today (19th ed.). I had the 1961 edition. In it, Samuelson, a prominent Keynesian economist who won […]

UK Opposition Leader Calls For “People’s QE” – It’s Venezuela With Tea & Cakes

Authored by Daniel Lacalle via The Mises Institute, It is sad to see that, facing the evidence of the failure of demand-side policies and money printing, many commentators propose some of the most outdated and failed policies in modern economic history. In the UK, Mr. Jeremy Corbyn, the new leader of the Labour Party, believes […]

Ukrainian Lawmakers Disclose $45 Million In Bitcoin Holdings

As Ukraine's crackdown on corruption continues, three lawmakers from Ukraine’s ruling party revealed this week that they own a combined $45 million in bitcoin, according to a report by RIA Novosti, a Russian foreign news service. Their holdings came to light during mandatory financial disclosures by members of the Ukrainian parliament, part of an IMF-approved […]

Meet Billionaire Kevin Plank: Maryland’s Corporate Welfare King

Via StockBoardAsset.com, A corporate cronyism scandal could be brewing out of Baltimore, Maryland this month involving Billionaire Kevin Plank (CEO of Under Armour). What is alleged per The Baltimore Post are Baltimore County Council members  supporting a ‘conditional grant in an amount up to  $ 2,000,000 to Under Armour, inc from the Maryland Department of Commerce pursuant […]

Killing Them Is Killing Us

Authored by Robert Gore via StraightLineLogic.com, The murdered cannot forgive. Their blood won’t be washed. There is something eerily fascinating about cold-blooded murderers – a staple of Hollywood thrillers and crime dramas—killing without emotion or remorse. Ordinary humans, afflicted with guilt for minor, not even criminal transgressions, can’t conceive of pulling the trigger and then […]

Kushner Companies Seen Hawking Shady US-Visa-Buying-Residency Program To Wealthy Chinese

Authored by Mike Krieger via Liberty Blitzkrieg blog, When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.   – Frédéric Bastiat I’ve written about the EB-5 visa program […]

Sinking Into The Centralized Cesspool Of Corruption, Cronyism, And Sclerosis

Authored by Charles Hugh-Smith via OfTwoMinds blog, Those urban regions that pursue decentralized, networked, localized solutions will likely prosper as the adaptive advantages of these principles pay self-reinforcing dividends. In yesterday's entry, I suggested that rather than bemoan the inevitable failure of centralized "fixes," let's turn our efforts to the real solutions: decentralized, networked, localized. […]