Archive for Austrian Economics

Stuff Going On — 06/03/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , , , , , , , , on June 3, 2017 by cavalier973

President Trump won’t block Comey’s testimony before Congress. This is being reported by the New York Times, based on reports from anonymous sources, for what it’s worth. There was some discussion that Trump might invoke Executive Privilege to prevent Comey’s testimony, in order to protect himself from investigations into his ties to Russia, which has so far produced no evidence. I think most leftist-progressive opponents of Trump (is there a leftist-progressive who doesn’t oppose him? Hmmm….) are more angry about his “denial of science” than about his ties to Russia, they just think they have a better chance of getting rid of him by harping on the “Russia Story”.

♣ Speaking of bad government science, research is now showing that the “low fat/high carb” diet that the U.S. FedGov has promoted since 1980 is killing us, literally (and I don’t mean “Sean Hannity literally”). To be honest, I never liked the idea of “low fat” anything. I would always buy whole milk and regular sour cream, among other items. It wasn’t because I thought it was more healthy (it isn’t too much healthier, to be honest; getting your fats from a bag of walnuts is much, much better than eating cheese, if not quite as tasty), but because I imagined that I preferred the flavor of things with the fat content intact.

♥ Speaking of delicious fatty foods, here is Hollis Johnson’s critical review of Whataburger. I’ve tried Whataburger a few times; meh. It’s not bad, but, honestly, I have enjoyed a Wendy’s burger more. The best fast food burger, in my opinion, is Hardee’s–and this does NOT include Carl’s Jr., which I tried and found lacking. After Hardee’s, I guess I would rate Culver’s next, then Back Yard Burgers (although their “Hawaiin Chicken Sandwich is better than their burgers, which are delicious), then Sonic’s burgers, then Wendy’s. McDonald’s and Burger King are about the same to me in terms of enjoyment, even though the burgers are different. Steak-n-Shake is good (especially their Frisco Melt), but they can be slow, and they’re more of a sit-down restaurant. I’ve not tried “In-and-Out”. I did not like Jack In the Box, and I DEFINITELY do not like Krystal’s (which means I would probably not like White Castle, though I’ve not tried it).

I like Five Guys, and Moo-Ya’s is really good. In fact, at Moo-Ya’s I can get my favorite toppings (which I first enjoyed at a Hardee’s, with their discontinued “Steak House Burger”): Blue Cheese, crispy onion straws, pickles (I have to ask for these), Swiss cheese, and copious amounts of A-1 steak sauce.

Trump appoints a guy to the Federal Reserve who wants the dollars in your pocket to change value on a day-to-day basis. I mean, the FedRes sort of does this, already, and I’m not sure of all the implications, but it sounds like, if you’re paying with cash, that dollar in your pocket may not be enough to purchase a candy bar with a $1 price tag. Understand, that, though schemes like this are presented as “well, the dollar’s value could go up or down, depending on the circumstances”, in reality, the value of the dollar will only go down. This is the next step in eliminating paper currency altogether. If the government can control your digital money, then it can control you. Dollars in your wallet, up to now, has promised some sort of protection against that. This appointee is trying to make an end-run around this protection.

See also: mises.org for more information on how the Federal Reserve destroys purchasing power.

Advertisements

Stuff Going On — 05/25/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , , , , , , , , on May 25, 2017 by cavalier973

♠ Scott Adams (creator of the “Dilbert” comic strip) considers President Trump’s calling terrorists “losers” to be a genius master persuader technique.

♣ The Congressional Budget Office reports that the “TrumpCare” replacement of Obamacare, if passed, will result in 23 million people losing their health insurance. Oh, but the deficit will be reduced by $119 billion, over ten years. We can trust the CBO’s reporting on stuff like this, since their predictions concerning the Affordable Care Act (“Obamacare”) were so correct. Said the liar.

♥ Two Portlandian entrepreneurs go on a visit to Mexico, figure out the recipe for tortillas from a restaurant they visited, return to Portland, and proceed to drive the restaurant in Mexico out of business by opening a taco truck in Portland. No, really; that’s what was totally going to happen, until some brave Social Justice Warriors stood athwart history yelling, “Boo!”

♦ No, I wasn’t familiar with “FAANGS”, but that is interesting. Anyway, is the sky falling? Is the Trump economy on the precipice of unmitigated and unimagined disaster?

A good overview of Austrian Economics

Posted in For Free Trade with tags , , , , , on January 13, 2013 by cavalier973