Beacon Links for 13Apr2009


Moving through some of the accumulated links
Captain Capitalism has a great idea for fixing the economy. Like him, I don't think the government would willingly let it happen because it would mean surrendering control. It makes since though, and puts the money thing really in perspective.

But people get tired of waiting for government to fulfill it's promises. That's what happened in on Hawaii Kauai island. Jeffery Tucker sees it as the best example of private roads. I have to wonder if its the face of the future. Be sure to read the comments.

A Wall Street Journal symposium finds that Alan Greenspan's Federal Reserve and low interest rates probably caused the housing bubble, but they all don't say that the bubble led to the bust. I find it fascinating that economists are no longer tip-toing around the idea that maybe the Fed shouldn't "regulate" the currency. H/t lewrockwell.com.

Some U.S. communities are using alternative currencies. I remember reading about the Ithaca hours years ago in the Utne Reader. While I applaud the recognition that cashflow is important, I think this communities fell into the same trap as the FedGovs. What's the value behind their currency?

As part of the automaker bailout, the Federal Government is going to buy 17600 vehicles. There was no bid process, and no sign that the government needs the cars. So you the taxpayer gets to finance it.

In his own inimitable way, Vin Suprynowicz takes on the automaker bailout.

More and more I have to wonder if the Treasury Department is just using a shell game. Banks have been ordered to keep quiet about the "stress test" so as not to affect stock prices. We'd be calling this "insider trading" if it weren't the Federal government doing it. But since information wants to flow freely, the news is coming out and it is not good. More and more banks have almost no cash reserves.

— NeoWayland

Posted: Mon - April 13, 2009 at 01:01 PM  Tag


 ◊  ◊   ◊  ◊ 

Random selections from NeoWayland's library


Pagan Vigil "Because LIBERTY demands more than just black or white"
© 2005 - 2009 All Rights Reserved