Global Skywatch

Law Enforcement Against Prohibition

price signals

Decisions, decisions… How does one decide between the Porsche Macan and Subaru wagon? Go to work, or go play golf? Be an artist or accountant? Leave our lights on or turn them off? Many options we choose in life have a monetary factor. The phrase “with cost no object” is always used in rhetorical questions. The real world thrusts cost/benefit at us regularly. In my household, we choose to pay for quality food as diet is one of the most important factors in health. Meanwhile, AMA training spends zero hours on diet and thousands of hours studying pharmaceuticals. We pay out of our own pockets for chiropractors, herbalists, essential oil therapies, reference libraries and medical kits. We would not […]

economics lesson for disasters

        Saturday, September 09, 2017 Economics Natural disaster hurricane Price gouging Price Controls Professor Horwitz Explains Price Gouging In the Midst of the Storm It takes guts to go on CNN and explain economic truth – for humanitarian reasons – in the midst of emergency conditions. by  Foundation for Economic Education It takes guts to go on CNN and explain economic truth – for humanitarian reasons – in the midst of emergency conditions. But FEE’s Distinguished Fellow Steven Horwitz did just that, right as Hurricane Irma is bearing down on Florida. The immediate problem is that anti-gouging laws have contributed to causing massive shortages for gasoline, water, and other essentials right when they are needed the most.  Horwitz explained […]

Renegade Inc

This is an excellent show on today’s economy … and quite a bit more. We are in a bubble. Many proclaim you cannot tell when you are IN a bubble. Only after it bursts will you know you were. Mitch Feierstein disagrees and in this show explains his position quite well. Ross Ashcroft is an excellent host, respectful, knowledgeable and articulate. They also touch on finding facts in an era of consolidated media’s falsehoods, the coup to destroy the Trump regime. and on the deep state. They underestimate and, therefore understate those who are running the global shadow government. But that broadens their appeal, and is a baby-steps, walk-before-you-run approach that can reach those not ready for the full picture. […]

Venezuela’s Lessons for the United States

Opposition supporters clash with police during protests against unpopular leftist President Nicolas Maduro in San Cristobal, Venezuela April 19, 2017. REUTERS/Carlos Eduardo Ramirez by Future of Freedom Foundation Lesson 1: Socialism doesn’t work. Free schooling. Free health care. Free retirement. Free welfare. Free everything. It just doesn’t work. Taking from the rich and giving to the poor ultimately makes everyone poor—i.e., the total equality of wealth that leftists love. Socialism produces economic crises, which then produce calls for more socialism and interventionism, which produce more crises. The cycle continues until there is a complete government takeover of economic activity, which necessarily entails a complete takeover of people’s lives and resources. Lesson 2: Democracy is not freedom. Oftentimes it destroys freedom. […]

the dollar approaches invisibility

Woodrow Wilson from his deathbed: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world — no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” What made President Wilson so unhappy? He is the guy […]

government sky rockets

This chart tells many tales. Let’s first talk about inflation figures as published by your government compared to what you see here. They claim that health, food, housing and college costs are “too volatile” to include in their calculations and would confuse people. Therefore they calculate oaf-fish-al inflation without those skyrocketing prices. They happily report that they are “doing a great job managing the economy”, with 2% or 3% reported. They also explain how wonderful inflation is for us. Sure, that’s what the unemployed and underemployed need, is higher food, housing, child and health care costs. Ah yes, but look at how affordable televisions are 🙂 Darn near anybody can afford to have Big Brother leering in their living […]

feral reserve high

The Feral Reserve prints money out of thin air. Electronically now more than physically, but they have been making money, as opposed to earning money, since 1913. This is the what the final stages of FIAT currencies look like … every time … no exceptions. Austrian economists can explain the steps and stages in great, irrefutable detail. But the Keynesian economists are the ones the Feral Reserve and friends put in place to teach and explain economics … to make the masses accept the theft. The Keynesians say that bankers buying everything in sight with their paper money is good for the economy. Austrian economists call that grand theft. The Keynesians tell everyone who will listen to them that […]

economics: university VS real world

Keynesian Economics was invented by John Maynard Keynes a century ago. It is a theory that claims political leaders can spend money far beyond what the economy produces and bankers can print money far beyond assets they have to back their loans … and that it is good for all of us. The banks love it because printing lots of money makes them incredibly rich. Country leaders love it because it says they can buy votes, pass out favors and live like royalty for the rest of their lives. Keynesian Economics is the theory taught in colleges and universities because it justifies the world that the leaders want to live in. It is what I learned at Sonoma State University. […]

unemployment

Every once in a while I go to ShadowStats.com to check the real numbers. When the liar in chief says his country has a 5% unemployment rate, do you nod and figure that isn’t much? Or do you think he is getting numbers from somewhere besides the country you occupy? Do the numbers from ShadowStats.com seem more like your real-world experience? Yeah, me too.