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“$1MM Per Minute In Salaries, $22BN Per Year In Vacation Pay” And Other Fun Facts About The Federal Workforce

The folks at Open The Books decided to take a deep dive into the salaries of 1.97 million federal employees, using data collected from the Office Of Personnel Management and the USPS via FOIA requests, and the endless examples of excessive pay and pure waste are sure to make you sick, if not downright suicidal.  […]

The Rent Is Too Damn High: Record High 30% Of U.S. Adults Now Live With A Roommate

A staggering new analysis from Zillow highlights perfectly the unintended consequences of central banking policies that drive massive asset bubbles but minimal job/wage growth.  According to the study, surging home prices and rising rents have now resulted in a record 30% of American adults, up from 21% in 2005, being forced take on roommates just […]

A Natural Experiment For Philadelphia’s Soda Tax

Via Political Calculations blog, The city of Philadelphia's controversial soda tax is providing a lot of material for serious scientists to evaluate the effects of arbitrarily imposing a tax on the distribution of a range of naturally and artificially-sweetened beverages. Since we're near the end of the tax's first year of being in effect, we […]

Christmas In Venezuela: What It’s Like After Socialism Destroys Your Country

Authored by Daisy Luther via The Organic Prepper blog, The situation in Venezuela is grim and not getting any better. A socialist government has destroyed what used to be one of the healthiest economies in the world and turned it into something for which few were prepared. As we get ready for the holidays here […]

The Long and the Short of Parenting

Via The Daily Bell Parenting for Freedom article series: This is the second in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation. In my previous article, I talked about how parenting […]

Ron Paul: Government Should Leave Bakers Alone

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Last week the Supreme Court heard oral arguments in the case of Masterpiece Cakeshop v. Colorado Civil Rights Commission. The case stems from the refusal of Masterpiece Cakeshop, a bakery, to bake a wedding cake for a same-sex couple. The bakery was […]

Wedding Cakes Have Nothing To Do With Free Speech

Authored by Jacob Hornberger via Ther Future of Freedom Foundation, The New York Times recently carried an interesting article on the wedding-cake controversy that is now before the U.S. Supreme Court. The article pointed out that prominent lawyers who specialize in First Amendment cases are “vexed” by the controversy. The facts of the case are […]

And The UK’s Most Dishonest Profession Is…

According to a new poll conducted by Ipsos MORI, politicans are still the UK's least trusted profession. You will find more statistics at Statista As Statista's Martin Armstrong notes, when asked if they would generally trust politicans to tell the truth, only 17 percent of the poll's respondents said they would. That is a far lower trust level […]

World’s First Vending-Machine For The Homeless To Be Unveiled In UK In December; LA, NYC Next Year

This is a first, a new charity in the UK called Action Hunger plans to install a vending machine for the homeless in December. The organization describes itself as a charity with a “new approach to combating homelessness.” The initial plan will be installing a machine in the town of Nottingham in the December time-period, then a second machine […]

Do We Really Need A Federal Ban On Horse Meat?

Authored by Ryan McMaken via The Mises Institute, For decades in the United States, turkey has been the center of the Thanksgiving meal. Some eccentrics may offer other choices, such as roast beef or duck, but nowadays, it's a sure bet that few households will be offering horse meat as one of Thursday's featured dishes.  Horse meat […]

Give Thanks For Turkey-flation

Via LPLResearch.com, As we near Thanksgiving Day, investors have many things for which to be thankful; from a global bull market in equities, led partly by a strong resurgence in corporate earnings, to very few signs of a recession starting over the next 12-18 months. There are a few near-term catalysts we’re watching, but there […]

The Psychology Of Desperate People: 15 Dead, 40 Injured In Food Stampede In Morocco

Authored by Daisy Luther via The Organic Prepper blog, In prepper lore, there is a theory about how badly desperate people are likely to behave. Many folks outside the community scoff at this theory. They believe that we have become more civilized than to utilize violent measures when hunger strikes. But an incident in Morocco the […]

Sweet melt up potential here says Joe Friday

Tis the season for Chocolate (Cocoa) to do well, will it repeat its historical pattern again this year? Below looks at the seasonal pattern of Cocoa from Sentimentrader CLICK ON CHART TO ENLARGE Going into this period of seasonal strength, Cocoa bulls of late are hard to find and dumb money traders have established one of the largest […]

Healthcare Spending Now Accounts For Almost One-Fifth Of The Entire US Economy

Authored by Michael Snyder via The American Dream blog, Everybody agrees that healthcare costs are way too high.  Back in 1960, healthcare spending accounted for approximately 5 percent of GDP, and by 2020 it is being projected that healthcare spending will account for 20 percent of GDP.  And when you break those numbers down into […]

“Sacre Beurre” – Global Butter Prices Triple As Shortages Hit France

 It’s not received much attention, but global butter prices have roughly tripled since Summer 2016 as production cuts have hit supply… According to Bloomberg, global butter prices have almost tripled to 7,000 euros ($8,144) a ton from 2,500 euros in 2016, according to Agritel, an Paris-based farming consultancy. In Europe, prices peaked at about 6,500 euros […]