Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Category Archives: Economics

New Low-cost Robots Making Factory Workers More Efficient

This article first appeared at TheNewAmerican.com on Thursday, September 18, 2014:

Factory Automation with industrial robots for ...

Factory Automation with industrial robots for metal die casting in foundry industry, robotics in metal manufacturing (Photo credit: Wikipedia)

Long before calls for a higher minimum wage became headline news, fast-food restaurants such as Applebee’s and Chili’s were already moving toward the use of robots to replace waiters. The day before President Obama called for an increase in the minimum wage last December, Applebee’s announced it would be replacing its servers with Presto — a table tablet that customers can use to order and to pay their bills. Commenting on Presto’s advantages, Annie Lowry wrote in National Review

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Fracking Boom Continues to Set Records

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, September 17, 2014:

Logo of International Energy Agency

Logo of International Energy Agency (Photo credit: Wikipedia)

The explosion in production in the oil patch makes it nearly impossible to keep up. Economist Mark Perry is trying. On September 2, he reported that Texas crude oil production in June topped three million barrels per day, noting that, as a separate nation, Texas would be the world’s eighth largest oil producer. The very next day Perry reported that natural gas production from the Utica Shale formation has increased by a factor of seven in just two years, and it’s just getting started.

Less than two weeks later, Perry reported that

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More Good News From the Oil Patch: Less Drilling, More Production

This article first appeared at TheNewAmerican.com on Tuesday, September 16, 2014:

A petroleum drilling rig capable of drilling t...

A petroleum drilling rig capable of drilling thousands of feet (Photo credit: Wikipedia)

It didn’t take long for naysayers at Newsweek magazine to declare that the fracking boom is at high risk of going bust. This followed an announcement from the Bank of America in July that the United States is now the world’s leading oil producer, ahead of both Saudi Arabia and Russia. In just the last five years, U.S. oil production has exploded from five million barrels a day to 11 million and, according to the International Energy Agency (IEA), that number will continue to climb for at least the next five years.

But what then? Newsweek posited: 

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U.S. Tax Code Puts America 32nd Out of 34 Countries

This article was first published by TheNewAmerican.com on Monday, September 15, 2014:

English: Ronald Reagan singing the Tax Reform ...

English: Ronald Reagan signing the Tax Reform Act of 1986 (Photo credit: Wikipedia)

The release of the Tax Foundation’s latest study last week, its “2014 International Tax Competitive Index” (ITCI), gave commentators from the Wall Street Journal to the Independent Women’s Forum plenty to chew on. The foundation’s analysis, based on more than 40 variables across five major categories, concluded that the United States ranked just 32nd out of the 34 countries making up the Organization For Economic Cooperation and Development (OECD).

In their executive summary, the authors of the study noted that

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Truancy Laws Snag 13-year-old Piano Prodigy

This article first appeared at TheNewAmerican.com on Wednesday, September 10, 2014:

It took just one day for the chancellor of the District of Columbia Public Schools (DCPS) to respond to Petula Dvorak’s column in the Washington Post on Monday. Chancellor Kaya Henderson issued a public statement condemning Dvorak’s column for inaccuracies and claiming instead that she was working with Avery Gagliano’s parents to avoid charging the 13-year-old piano prodigy with truancy.

Gagliano was one of just 12 musicians selected from around the world to

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Common Core Gooses Homeschooling

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, September 10, 2014:

 

A mother and her homeschooled daughter, studyi...

A mother and her homeschooled daughter, studying in the kitchen about household chemicals and the hazard warning labels(flammability, reactivity, etc )http://www.flickr.com/photos/vr/1253261487. (Photo credit: Wikipedia)

This time the headline underreported the news. From the Charlotte NewsObserver came this: “Homeschooling rate Accelerates in North Carolina.” A better headline would have read: “Homeschooling goes Exponential in North Carolina.” In 1985, the year that homeschooling was legalized in the state, there were about 2,300 home-schooled students. Two years ago there were 77,300 home-schooled students, which jumped to 85,900 last year. This year the number is closing in on 100,000, a gain of 27% in just two years. At that rate there will be more than 200,000 homeschooled students in North Carolina in less than five years. That’s exponential, with a vengeance.

It’s not surprising, given the federal pressure to adopt Common Core standards and curricula across the land. The greater the pressure, the greater the desire to opt out. Said Beth Herbert, founder of Lighthouse Christian Homeschool Association, “Common Core is a big factor that I hear people talk about. They’re not happy with the work their kids are coming home with. They decided to take their children home.”

Kelly Swinney, a retired homeschool mom, was much more direct: “Common Core is bad, plain and simple. It’s a one-size-fits-all program and kids just aren’t that way.” The pressure to opt out of Common Core has reached North Carolina’s General Assembly which just voted in July to create a commission to figure out how to do it.

Similar numbers are coming in from Freedom Project Education (FPE), backed by the John Birch Society. In three years the number of students in its K-12 program, based on the Constitution and free market economics, has grown from 22 to more than 700. Alan Scholl, director of FPE, told this writer that he had to turn back 130 additional students who asked to be enrolled after the August deadline had passed. He estimates that his school will have 1,000 students next fall, a gain of 4,500% in three years.

When asked how much of that was due to people trying to escape the clutches of Common Core, Scholl said: “At least half!”

Even before Common Core entered the classroom, parents were increasingly disenchanted with what was going on in their children’s schoolrooms. They didn’t like their school’s environment, the quality of the academic teaching, the curriculum that was increasingly dumbing the kids down while leaving out critical parts of American history, the bullying, the inevitable peer pressure to conform, and the lack of moral or religious instruction. They were tired of hearing how homeschooled students were outperforming their kids in every discipline. According to the Home School Legal Defense Association (HSLDA), the average homeschooled student outperformed his public school peer by between 30 and 38 percent across all subjects. This was confirmed by Education News, which noted that “Homeschooling statistics show that those who are independently educated typically score between the 65th and 89th percentile on the [standardized assessment] exams, while those attending traditional [public] schools average at the 50th percentile.”

And when they hit college, they outperform their peers there as well. As Dr. Michael Cogan of the University of St. Thomas in Minnesota noted in 2010, homeschooled students going to college achieve a higher first-year GPA than their peers, and that advantage is retained all the way through their college experience. In addition they have a higher graduation rate when they complete their studies.

And when they graduate from college, homeschoolers are much more active and involved in their communities, such as coaching a sports team, volunteering at a school, or working with a church or neighborhood association. In addition they are much more likely to be involved in political and civic affairs and vote at a much higher percentage than their peers. According to the National Home Education Research Institute (NHERI): “76% of those surveyed between the ages of 18 and 24 voted within the last five years, compared with only 29% of the corresponding US populace. The numbers are even greater in older age groups, with voting levels not falling below 95%, compared to the high of 53% for the corresponding US populace.”

But it’s the pressure to conform to Common Core standards that have turbocharged the homeschool movement. The Common Core standards came about when Bill and Melinda Gates first began funding their vision for national education standards with their grant to the James B. Hunt Institute. So far the Gates have given more than $27 million as seed money, which led to the development of the Common Core Standards State Initiative and the Council of Chief State School Officers, two Washington, DC-based trade organizations. As noted at the FPE website:

In brief, each of the 50 states has been bribed by the federal government to accept the copyrighted and thus unalterable Common Core standards – even though most Americans have no idea what they entail – by offering those states millions….

To date, 46 states have accepted Common Core money, ceding curricula control to the federal government and taking it away from parents, teachers, and local school boards. Beyond the educational mediocrity the Common Core standards will further enshrine in public schools, there are elaborate plans to use the required national assessments within the Common Core standards as a tool to institute massive data collection about American schoolchildren that has nothing to do with education, and everything to do about government intrusion and control.

Emile Zola put it very well:

If you shut up the truth and bury it under the ground, it will but grow and gather to itself such explosive power that the day it burst through it will blow up everything in its way.

So it is with Common Core and the exponential response from parents who are increasingly aware of the danger and who want to see that their kids get a good education. Coupled with online schooling through the Internet, these concerned parents are increasingly opting out by doing it themselves and teaching their kids at home.

—————————

Sources:

Charlotte NewsObserver: Home schooling rate accelerates in North Carolina

Daily Signal: In One State, More Children Homeschool Than Attend Private Schools. Why That Shouldn’t Shock You.

Home Schooling

Home Schooling in the US

Education News: Number of Homeschoolers Growing Nationwide

The New American: Homeschooling Continues to Grow in Popularity Nationwide

FPE: What is Common Core?

National Home Education Research Institute (NEHRI)

 

Homeschoolers Outnumber Private-school Students in North Carolina

This article first appeared at TheNewAmerican.com on Tuesday, September 9, 2014:

Homeschooled children in the kitchen

Homeschooled children in the kitchen (Photo credit: Wikipedia)

News from North Carolina marks another milestone toward developing an informed, politically active citizenry familiar with the basic fundamentals of the American Republic.

Homeschooled students now outnumber private-school students in North Carolina. This represents an increase of more than 14 percent from the year before, and a 27 percent increase from just two years ago. The state estimates that there are nearly 100,000 homeschoolers in North Carolina, while private school enrollments have been dropping ever since the beginning of the Great Recession. According to the Charlotte News Observer, this extraordinary growth is due to parental concerns about school violence, the lack of a religious focus in public schools, and the large classroom size.

But it also has to do with the accelerating pushback against the Common Core nationalized curriculum.

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Mexico Doubles Car and Truck Production in Five Years, Thanks to NAFTA?

This article was first published at The McAlvany Intelligence Advisor on Monday, September 8, 2014:

English: A North American Free Trade Agreement...

In her promo for her article titled “America’s Car Capital Will Soon Be … Mexico,” which appeared in Forbes on Monday, Joann Muller claimed that “wise trade policies south of the border have quickly created the global auto industry’s factory floor” and wondered rhetorically if Washington was listening or watching to learn Mexico’s lesson. She wrote:

Seemingly overnight, Mexico’s automotive output has soared, bolstered by a flood of investment from foreign-based carmakers, including Nissan, Honda, Volkswagen, and Mazda. With $19 billion in new investment, production has doubled in the past five years to an estimated 3.2 million vehicles in 2014.

And it’s all because of NAFTA, she claims:

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Proof That $15 Minimum Wage Hurts Those It’s Claimed to Help

This article first appeared at TheNewAmerican.com on Monday, September 8, 2014:

 

Obverse of United States one dollar bill, seri...

The city of SeaTac, which holds the Seattle-Tacoma International Airport, raised the minimum wage to $15 an hour starting January 1 for some businesses. Within weeks of the beginning of the SeaTac “experiment,” the impact of the passage of Proposition One had become evident. Despite the fact that the new law impacts only about 1,600 employees in this town of 27,000, major changes and shifts were already taking place in reaction to it.

For example, a customer using the Master Park Airport valet parking service at SeaTac will note an extra line on his bill for $.50 entitled

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Why Aren’t Gas Prices Lower?

This article first appeared at TheNewAmerican.com on Friday, August 29, 2014:

 

English: Took image myself as an example of th...

With gasoline prices averaging, according to the AAA Motor Club, just $3.43 a gallon as of August 28, Clifford Krauss celebrated the “new American oil bonanza” in an article for the New York Times. Unfortunately, Krause is behind the times and only half right. The “new” American oil bonanza is not new, nor is it confined to oil. The first economical natural gas shale fracture was completed in 1998 by George Mitchell’s company, Mitchell Energy, using slick water fracturing. Since then, natural gas from shale has been the fastest growing contributor to total primary energy in the United States, with crude oil extraction from shale right behind.

Happily, Krause got the rest of it right when he noted that

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Market Basket Workers Win, Restore Beloved “Artie T” as CEO

This article was first published at The McAlvany Intelligence Advisor on Monday, September 1, 2014:

 

English: Fresh produce for sale at the West Si...

The internecine warfare between Arthur T. DeMoulas and his cousin Arthur S. has finally come to an end. Arthur T. will buy out cousin Arthur S.’s 50.5 percent interest in the Market Basket grocery chain for $1.5 billion. The intra-family squabbles had been going on for decades, but hit a low point in June when Arthur S. fired Arthur T. – referred to fondly by his employees as “Artie T” – in June, and replaced him with two joint CEOs. This so outraged upper management and store managers that

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Foreign Affairs: Give Away Free Money!

This article first appeared at the McAlvany Intelligence Advisor on Friday, August 29, 2014:

Foreign Affairs

Foreign Affairs

What happens when a college professor meets up with a graduate student from Oxford University, intending to solve the world’s economic problems? What happens when they consider that the previous attempts to revive the economy have failed and their recommendation is to do more of the same?

The title of their resultant article in Foreign Affairs – the premier publication of the Council on Foreign Relations – explains it all:

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Market Basket Employees Return to Work; Unions Surprised

This article first appeared at TheNewAmerican.com on Thursday, August 28,2014:

English: The new Market Basket Store #32 in Ch...

The new Market Basket Store #32 in Chelsea, Massachusetts

The tone of the announcement from Market Basket’s shareholders late Wednesday night was vastly different from the statement issued by the company’s previous CEOs two weeks ago announcing that any of the striking workers who failed to return to work by Friday of that week would be terminated.

The first statement was harsh: “You must return to [your job] ready to fulfill your duties no later than Friday, August 15, 2014. Should you choose to ignore … these directives, the company will consider you to have abandoned your job, thereby ending your employment with the company.”

The latest announcement was warm and reassuring, and comforting to the nearly 25,000 employees and hundreds of thousands of customers of Market Basket who had boycotted the 71-store chain over the last six weeks:

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Article in CFR Magazine: Give Away Money to Stimulate Economy

This article first appeared at TheNewAmerican.com on Thursday, August 28, 2014:

 

Los Angeles Police Department (LAPD) Bell 206 ...

Mark Blythe, a professor at Brown University, and Eric Lonergan, a hedge fund manager living in London, have conjured the ultimate solution to a stagnant economy: Central banks should give away free money.

These two authors of a lengthy and allegedly erudite article in the September/October 2014 issue of Foreign Affairs, published by the Council on Foreign Relations (CFR), appear to be living in an alternate universe, as their suggestion, if it were fully implemented, would push the world’s economy back to the Dark Ages.

The article, entitled “Print Less but Transfer More: Why Central Banks Should Give Money Directly to the People,” rests on the false assumption that

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DUIs drop when Ride-Sharing Companies come to town

This article was published by the McAlvany Intelligence Advisor on Monday, August 25, 2014:

Franzia, straight from the tap.

Hearty partying

As ride-sharing smartphone apps like Lyft, Uber, and Sidecar continue their inevitable expansion, additional benefits are being felt. Last June Uber announced that DUI arrests dropped 10 percent in Seattle after they entered that market. Other cities noticed similar experiences, so one of the Washington Post’s writers enlisted the help of Nate Good, a statistics expert, to prove it. They looked at Philadelphia: DUIs have been declining there ever since Uber entered the Phillie market in early 2013. The decline is especially notable for those under age 30.

In San Francisco, the birthplace of the ride-sharing phenomenon in June 2010, the results are even more remarkable:

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Market Basket Tells Workers: Return by Friday or You’re Done

This article was first published at TheNewAmerican.com on Wednesday, August 13, 2014:

 

 

Typical Market Basket in Portsmouth, NH.

Market Basket in Portsmouth, NH.

In a carefully worded letter sent to its 25,000 employees on Tuesday, Market Basket’s new co-CEOs Felicia Thornton and James Gooch requested that the workers who have so far been successfully striking the 71-store New England grocery chain cave in and return to work. They should know the workers’ decision by next Monday.

Said the letter:

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Minnesota Café Adds “Minimum Wage” Fee to Customers’ Bills

This article first appeared at TheNewAmerican.com on Friday, August 8, 2014:

Café Café

Craig Beemer, the owner of Oasis Café in Stillwater, Minnesota, employs just six servers, but Minnesota’s minimum wage increase that kicked in on August 1 forced him to make some tough decisions. The wage increase to $8.00 an hour for his workers will cost more than $10,000 a year, and something had to give. Beemer decided that rather than increase his prices he decided to

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Overzealous Consumer Agency Picks Fight with Wrong Guy

This article first appeared at The McAlvany Intelligence Advisor on Friday, August 8, 2014:

English: A constructed NeoCube.

A Neocube constructed with Zen Magnets

In its zeal to proclaim that everything is inherently dangerous and therefore illegal, the Consumer Product Safety Commission (CPSC) – the Goliath in this story – has just run into its David. Shihan Qu, the 27-year-old founder of Zen Magnets, notified the agency that he wasn’t going to take it anymore through a letter on his company’s website:

Take this as official notice that Zen Magnets LLC is going All-in.… We will not settle for any sort of stop-sale of magnets that are perfectly safe when not misused….

We vow to continue this legal, awareness, and lobbying battle until our very last drop of cash-flow blood. We will combat CPSC’s magnet prohibition until triumph, or until a glorious death of insolvency on the legal battlefield….

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Welfare State Costs Taxpayers More Than $2 Trillion a Year

This article first appeared at TheNewAmerican.com on Wednesday, August 6, 2014:

 

Following the release of the latest budgetary statement from the U.S. Treasury, Ali Meyer dove into the statistical morass of charts and graphs to determine just how much the welfare state is paying out in benefits. Meyer, writing at CNS News, concluded that beneficiaries received over $2 trillion from the American taxpayer last year, or almost

 

Tea Party Protest, Washington D.C. September 1...

Taxpayers protesting

60 percent of all federal government spending. This included “means-tested” benefits — which require incomes to be below a certain level to quality for them — as well as “non-means tested” benefits such as Medicare, Social Security, unemployment insurance, workers’ compensation and the like.

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July BLS Jobs Report: The Sound of One Hand Clapping?

This article was first published at TheNewAmerican.com on Monday, August 4, 2014:

MarketWatch

To Jeffry Bartash, writing for the Wall Street Journal’s MarketWatch, Friday’s jobs report looked awfully good: 209,000 new jobs were added in July and in all the right places: mining, construction, manufacturing, transportation, and warehousing. In addition, there was almost no growth whatsoever in the “government” sector: just 11,000 new jobs were created there last month. This, according to Bartash, means that the economy is on a hot streak, having generated more than 200,000 new jobs every month for the last six months — the first time that has happened since 1997.

Added Bartash:

In the first seven months of 2014 the economy has gained an average of 230,000 jobs. That’s the best stretch of job creation since the [Great Recession] ended in mid-2009 and 19% faster than the pace of hiring in 2013.

End of story? Not quite.

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.