On Shutting the ‘EPA Gravy Train’

By Paul Dreissen – Re-Blogged From http://www.WattsUpWithThat.com

Author, advisor and former US Senate aide and Colorado Department of Natural Resources director Greg Walcher has written an important article on how sue-and-settle lawsuits ignored and abused our fundamental rights to legal due process from their very beginning – while enriching the environmentalist groups that brought the legal actions. He also explains why EPA Administrator Scott Pruitt was absolutely right to terminate the practice.

Walcher’s analysis should be read by every legislator, regulator, judge … and actual or potential victim of this infamous practice.

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Jobs, Wages, and Growth

   By Bob Shapiro

I posted an article wondering why wages haven’t been going up faster, considering that the Jobs picture looks so good. Though many of you may agree with the article, I’d like to offer an alternative point of view.

Have jobs been increasing dramatically? No, the official numbers are being misreported in news stories. What IS happening is that the US jobs market continues to lose full time workers while gaining a larger number of part time positions.

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Trump Names Mulvaney to Lead Consumer Bureau

Re-Blogged From Newsmax

President Donald Trump said he is naming White House budget director Mick Mulvaney to be the temporary head of the Consumer Financial Protection Bureau, setting up what could be a high-stakes clash over the regulator’s leadership.

Mulvaney’s appointment came just after outgoing CFPB Director Richard Cordray had already tapped his deputy to run the agency on an acting basis, a move that was widely seen as an attempt to prevent the White House from defanging the watchdog.

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Think College is Expensive Now – Wait Until its Free

By The Common Constitutionalist – Re-Blogged From iPatriot

There is a well known saying which most of us have heard. It goes: “You think it’s expensive now. Wait until it’s free.”

We heard it from those darned conservatives and fiscal hawks prior to the passage of ObamaCare, and the left claimed we were crying wolf. We said: “you think health insurance is expensive now – wait until it’s free.” And the left laughed and called us fearmongers.

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Will Macro-Economists Ever Learn?

By Alasdair Macleod – Re-Blogged From http://www.Silver-Phoenix500.com

As we lurch through successive credit crises, central bankers and economists believe they learn valuable lessons every time, and that the ultimate prize, the suppression of business cycles through monetary policy, will be achieved. Enormous effort is put into computer models to enable economists to predict the future, and no doubt, the modellers are now working with artificial intelligence to improve their accuracy.

We saw, over Brexit, how wrong the Bank of England’s and the UK Treasury’s models were, and these errors were also evident in the OECD’s model. Brexiteers smelled conspiracy, but in the absence of evidence, perhaps we should give them the benefit of the doubt and assume the errors were genuine. If so, all computer economic modelling has been a waste of time.

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Gold Miners’ Q3’17 Fundamentals

By Adam Hamilton – Re-Blogged From http://www.Gold-Eagle.com

The gold miners’ stocks have spent months adrift, cast off in the long shadow of the Trumphoria stock-market rally. This vexing consolidation has left a wasteland of popular bearishness. But once a quarter earnings season arrives, bright fundamental sunlight dispelling the obscuring sentiment fogs. The major gold miners’ just-reported Q3’17 results prove this sector remains strong fundamentally, and super-undervalued.

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.

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When Will Free Markets Emerge?

By George Smith – Re-Blogged From http://www.Silver-Phoenix500.com

If someone asked you to define “free market,” could you?  Could you do it on the spot without recourse to dictionaries or other crutches?

There’s an old tale about the origin of the term “laissez-faire” that gets to my point.  Here’s the write-up in Wikipedia:

The term laissez faire likely originated in a meeting that took place around 1681 between powerful French Comptroller-General of Finances Jean-Baptiste Colbert and a group of French businessmen headed by M. Le Gendre. When the eager mercantilist minister asked how the French state could be of service to the merchants and help promote their commerce, Le Gendre replied simply “Laissez-nous faire” (“Leave it to us” or “Let us do [it],” the French verb not having to take an object).

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