Socialism: The World's Greatest Generator Of Poverty

“What socialists like Senator Sanders should say if they want to be truthful and straightforward,” DiLorenzo thus avers, “is not that government can offer citizens anything for free, but that they want healthcare (and much else) to become a government-run monopoly financed entirely with taxes. Taxes hide, but do not eliminate, the cost of individual government programs.” And these programs are far more expensive to society than they would be on the free market.

Can The Deep State Be Cured?

The deep state seems to have grown, strengthened and tightened its grip.  Can a lack of real money restrain or starve it?  I once thought so, and maybe I still do.  But it doesn’t use real money, but rather debt and creative financing to get that next new car, er, war and intervention and domestic spending program.  Ultimately it’s not sustainable, and just as unaffordable cars are junked, stripped, repossessed, and crunched up, so will go the way of the physical assets of the warfare–welfare state.

This Is The Reason For The Sharp Rebound In Q3 Hedge Fund Performance

After months of declining market exposure, the sharp increase in hedge fund leverage in recent weeks has helped drive outperformance. In addition to adding leverage through cash equities, call option volume rose to record levels, hedge fund S&P 500 futures exposures climbed by $15 billion, and the share of S&P 500 market cap held short fell to a 1-year low.

53% Of Clinton Foundation Donors Would Be Barred Under Proposed Rule

More than half of the Clinton Foundation’s major donors would be prevented from contributing to the charity under the proposed self-imposed ban. The analysis, which examined donor lists posted on the foundation’s website, found that 53% of the donors who have given $1 million or more to the charity are corporations or foreign citizens, groups or governments. The list includes the governments of Saudi Arabia and Australia, the British bank Barclay’s, and major U.S. companies such as Coca-Cola and ExxonMobil.

Weekend Humor: Cynics & Skeptics Beware

"Reject cynicism. Reject fear" exclaimed an exuberant Barack Obama, adding that "America is already great." The problem with all this bravado is... you can't eat 'hope' and 'faith' does not put gas in the tank.

"Clinton Defense" Popularity Surges In Espionage Cases

The "Clinton Defense" is becoming a popular argument in the cases of many "rank-and-file" military personnel facing espionage charges for "far lesser offenses" than those committed by Clinton.  Though at least one expert "doubts" whether the defense will be "effective."  Shocking.

German Anti-Immigrant Party Leader Urges People To Arm Themselves

"Many people are increasingly feeling unsafe. Every law-abiding citizen should be in a position to defend themselves, their family and their friends," AfD Chairowman Frauke Petry told the Funke Media Group in an interview published on Saturday. "We all know how long it takes until the police can get to the scene, especially in sparsely populated places," she said.

FBI Probes Firm Belonging To Brother Of Clinton Campaign Chair For Ukraine Corruption Ties

While much of the media focus over the past week has been on the potential corruption scandal involving Ukraine's former president and Donald Trump's now former advisor, Paul Manafort, perhaps it is time for it to shift attention to the Podesta Group, the lobbying firm which belongs to Tony Podesta, the brother of Hillary Clinton campaign chairman John Podesta

President Obama Violated The Law With His Ransom Payment To Iran

The circumstances of Obama’s enormous cash transfer to our terrorist enemies raise serious questions about whether American policy against paying ransoms to terrorists has been flouted. But that should not obscure a more fundamental issue: The president has violated the law.

Vancouver Housing Market Implodes: Average Home Price Plunges 20% In 1 Month - "The Market Is Devastated"

The City of Vancouver currently has an average home price of $1.1 million, down 20.7% over the last 28 days and down 24.5% over the last three months. The average detached home is $2.6 million, down 7% compared to three months ago. There were only three home sales in West Vancouver between Aug. 1 and 14 this year, compared to 52 during the same period last year. That’s a decrease of 94%.