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

Tag Archives: Free Market

Is this Another Reason MSNBC’s Ratings are so Abysmal?

This article was published by The McAlvany Intelligence Advisor on Monday, October 5, 2015:  


Even the liberal Huffington Post was embarrassed at just how bad MSNBC’s ratings are. The network cancelled three shows in July, and brought back the discredited Brian Williams. Wrote Larry Atkins:

The changes had come as a result of MSNBC’s plummeting ratings. MSNBC’s Nielsen ratings for the second quarter of the year dropped five percent in total viewers and 17 percent in the key adult demographic 25-54. Its primetime lineup’s ratings dropped by 10 percent. It was a continuation of a long time trend.

Last Thursday’s farcical interview by Chris Hayes of Josh Fox proved the point. Touting his latest attack on fracking, Fox was allowed to promote his latest “documentary” Gaswork: The Fight for C.J.’s Law, allegedly all about safety and health issues being ignored by the energy development industry. Hayes never asked about credibility issues raised by detractors of his previous efforts, Gasland and The Sky is Pink. In Gasland it was the “flaming faucet” incident about which Fox was publicly challenged by Irish filmmaker Phelim McAleer. That exchange can be seen on YouTube, despite efforts of Fox and his lawyers to have it removed. In it McAleer got Fox to admit that methane in water was common, with flaming water incidents dating back to 1936, but claiming weakly that this was “not relevant” to his purposes inGasland.

In The Sky is Pink Fox claimed that breast cancer was linked directly to fracking activities in the Barnett Shale region in Texas, claims which were later successfully refuted by credible national experts looking into the matter.

Did Hayes ask Fox about any of this? Did he ask Fox about the “flaming faucet” incident that brought the wrath of McAleer in his rebuttal, FrackNation? Did he ask Fox if he was ready to admit that his claim in The Sky is Pink was false? Did he ask Fox if he was ready to apologize to the women and their families living over the Barnett formation for scaring them half to death over his discredited claims?

Of course not. In the 4 ½ minute segment that ran Thursday night Hayes jumped in bed with Fox, providing him with nothing more than an echo chamber reflecting the network’s anti-fracking position.

McAleer learned about Fox’s latest attack in time to launch his own rebuttal, GasHoax, also on Thursday, at Brietbart.com. It’s as if McAleer has found his niche: tracking down Fox and demanding answers to questions that Hayes wasn’t willing to ask.

For instance, in speaking about The Sky is Pink, McAleer said:

Fox’s breast cancer film was widely reported by the mainstream media but has since been dismissed as nonsense by every respected cancer expert in the region.


Fox has never corrected the record or apologized for scaring women and families.

Fox’s most recent attempt to smear the fracking industry is based upon the tragic accident that resulted in the death of C.J. Bevins, a 21-year-old oil field roughneck who was crushed against a trailer by a forklift back in 2011. Ignoring the fact that it was an accident, and had nothing to do with chemicals, Fox managed to twist the narrative to support his agenda: the fracking industry’s use of chemicals is putting workers’ lives at risk. In his film, said Fox:

We interview many workers who have been asked to clean drill sites, transport radioactive and carcinogenic chemicals, steam-clean the inside of condensate tanks which contain harmful volatile organic compounds, polycyclic aromatic hydrocarbons, and other chemicals, and have been told to do so with no safety equipment.

Fox claims to have interviewed workers who were ordered to cover up toxic chemical spills, that the industry is paying them to “poison their own communities in order to feed their families” and that “if you get hurt, you’re on your own.”

In the same manner as FrackNation, McAleer rebuts Fox’s claims in Gaswork, interviewing experts who state that there is no increase in health or safety claims due to fracking. Although neither film is available yet in theaters, their trailers can be found under Sources below.

McAleer concluded:

Josh Fox is an unethical journalist. Everyone knows that, except Chris Hayes and MSNBC, apparently. They need to ask him tough questions, not give him a platform so he can scaremonger and spread fear.

But that didn’t happen. Instead MSNBC continued its slide into irrelevancy by giving Josh Fox airtime to its steadily shrinking audience.



MarcellusDrilling.com: Phelim McAleer to Release GasHoax Ahead of Josh Fox’s GASWORK

Gashoax trailer 4:30

EcoWatch.com: What the Industry Doesn’t Want You to Know About Fracking

Trailer for Gaswork  2.39

Background on Gasland

Background on FrackNation

Bio on Josh Fox

Bio on Phelim McAleer

Link to Vimeo: The Sky is Pink (2012)

EmergyinDepth.org: Debunking GasLand

YouTube: Gasland director hides full facts

Chris Hayes’ interview with Josh Fox on MSNBC

Huffington Post: MSNBC’s Changes Are Needed, But It Needs to Keep Its Liberal Voice

Just how Disruptive are Uber and Lyft?

This article was published by The McAlvany Intelligence Advisor on Friday, October 2, 2015: 

According to three college professors, the answer is “very.” After interviewing 32 drivers and users of Uber, Lyft, and conventional cab services in London and San Francisco, the Uber and Lyft drivers and customers were the clear winners. The drivers had more freedom to select their working hours, many of them driving part-time to supplement their full-time work. The ride-sharing customers not only paid less than they would have for regular taxis, they felt safer, they knew more about the driver and his ratings from previous customers, and could track and follow the driver as he wended his way towards their location.

They also enjoyed getting to know their Uber or Lyft driver, discovering that they were just like them – ordinary people making a living and enjoying the process. Wrote the professors:

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Uber, Lyft Continue to Upend Taxi Cartel and Its Lenders

This article appeared online at TheNewAmerican.com on Thursday, October 1, 2015: 

English: Sign at the Montauk Point Lighthouse,...

On September 18, Montauk Credit Union in Montauk, New York, was taken over by the state after examiners found “unsafe and unsound conditions” in its investment portfolio.

The credit union had more than 98 percent of its investments in taxi medallions, which have dropped precipitously in value since ride-sharing services such as Uber and Lyft entered the market three years ago.

Taxi medallions were established decades ago by New York City’s Taxi and Limousine Commission as a way to limit the number of cabs. At present there are slightly more than 13,000 taxis in the city, and most of their medallions are owned by investors who saw their opportunity: If supply were limited by government mandate, and demand increased with population, then the price of each one would inevitably rise.

And they did. Investors hired managers (much like property managers in real estate) to collect the lease payments from taxicab companies, which derived their income from fees they charged drivers to drive their cabs.

But in the past couple of years the market has shifted.

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“Operation Car Wash” is Sinking Petrobras, and Brazil as well

This article was published by The McAlvany Intelligence Advisor on Monday, September 28, 2015:  

Like flies attracted to honey, Brazilian politicians saw their opportunities and took them. Initially a money laundering investigation in Brazil focused on just one company, a manufacturer of electronic components that was being used by a criminal ring to hide and whitewash its illegal gains. The owner, Hermes Magnus, apparently discovered the activity back in 2008 and notified local police.

By March 2014 the investigation had spread to more than 230 individuals, including

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John B. Taylor: Perfect Example of Hubris-Lathered Economist Who Thinks He Can Steer the Economy

This was article was published by The McAlvany Intelligence Advisor on Wednesday, September 16, 2015:  

John B. Taylor, economics professor at Stanford University (where he got his PhD), thinks the massive, highly complex U.S. economy, generating nearly $20 trillion of goods and services every year, can be fine-tuned with rules and policies. Further, if those rules can be implemented clearly, the economy will do even better. He thinks of the economy as one gigantic organism with a mind and purpose of its own. That’s why he likes Fed Chair Janet Yellen:

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Interest-rate Increase Could Trigger Global Recession

This article appeared online at TheNewAmerican.com on Tuesday, September 15, 2015:  

Series 1934 $5,000 Federal Reserve Note, Obverse

Series 1934 $5,000 Federal Reserve Note, Obverse

With every eye focused on the Board of Governors’ meeting of the Federal Reserve System on Thursday, expecting the earth-shaking announcement that it will, or won’t, raise interest rates for the first time since January of 2008, few are considering the global implications if it does.

Expectations in the very short run are modest. The debate centers on whether rates should be increased by a tenth of a percent, or a quarter of a percent. In the real world it isn’t likely to matter: New car loans will be adjusted upward by a couple of dollars a month and new home loans will increase by perhaps as much as $50 a month, probably less. This is likely to galvanize some fence-sitters into action, drawing future purchases into the present.

The real impact in the long run, however, is several-fold:

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Big Win for Uber: Judge Rules E-hails Are Legal

This article appeared online at TheNewAmerican.com on Monday, September 14, 2015:  

Last Wednesday Queens Supreme Court Justice Allan Weiss ruled that “e-hails” in New York City differ enough from physical hails of taxis to make them legal under the law. This sets back the taxi cartel and those funding it significantly in their battle to keep their turf to themselves. He wrote:

Passenger communications to Uber-type companies [whose drivers use their own cars] via a smartphone are not street hails, which are requests made by passengers standing on the street who gesture or make an utterance.

And then he issued a warning to the cartel about trying to use its high-priced medallions to protect them from innovation. New York taxicabs are operated by private companies and licensed by the city’s Taxi and Limousine Commission (TLC). Only “medallion taxis,” those painted in distinctive yellow paint and regulated by the TLC, are permitted to pick up passengers in response to a street hail.

Judge Weiss warned:

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Freedom to Choose Includes the Freedom to Move

This article was published by The McAlvany Intelligence Advisor on Friday, September 11, 2015: 

Free to Choose

Milton and Rose Friedman published their work Free to Choose – A Personal Statement 35 years ago when it became a best seller, topping best seller lists for five weeks. Ten years later PBS created a telecast with Dr. Friedman interviewing, and often debating, experts from across the political spectrum, including Walter Williams on the right and Frances Fox Piven on the left.

In the video chapter “The Power of the Market” Friedman makes the point that the free market’s greatest benefit is the power of options: where to live, where to work, whom to marry, how to worship, and on and on.

Walter Wriston, considered by many to be the single most influential commercial banker of his time, serving as chief executive of Citibank from 1967 to 1984, condensed Friedman’s chapter into one pithy quote that reverberates today:

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Like a Zombie, the Export-Import Bank is Threatening to Come Back to Life

This article was published by The McAlvany Intelligence Advisor on Wednesday, September 9, 2015:  

The movie White Zombie, a horror film in 1932 starring Bela Lugosi, featured zombies as mindless, unthinking henchmen under the spell of an evil magician. The Export-Import Bank doesn’t quite fit the definition, but it’s close.

Crafted by socialists surrounding FDR in 1934 and given life by an executive order, Ex-Im was granted permanent status as an agency in 1945. It has been repeatedly, endlessly, mindlessly resurrected almost 20 times since then, until the end of June.

Since then pressure has been building among its crony beneficiaries

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Push to Restart Ex-Im Bank Begins

This article appeared online at TheNewAmerican.com on Tuesday, September 8, 2015:  

Seal of the Export-Import Bank of the United S...

With the reconvening of Congress this week, pressure on politicians to restart the Export-Import Bank is predictably coming from the usual suspects: large corporations who have enjoyed the U.S. taxpayer guarantees that have reduced their own costs and risks of doing business overseas. Without those taxpayer subsidies, they’ve been forced to adjust to the realities of the marketplace, and they don’t like it.

Boeing officials are lamenting that the Ex-Im Bank is no longer insuring loans to its customers who can’t find regular financing on their own:

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Thirty Years of Projecting the Lines

This article appeared online at TheNewAmerican.com on Tuesday, September 1, 2015:  

English: A composed satellite photograph of No...

This month marks the 30th anniversary of the The New American. On such an occasion, it is appropriate to reflect on the magazine’s track record, from the accuracy of our facts and the soundness of our analysis to the stories we unearthed and the influence we’ve exerted.

We are proud of our track record. But there is one recurring theme that seems to be particularly striking when reviewing the articles we’ve published, and that is the extent to which we have accurately projected the lines

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United States Falls Further in the Human Freedom Index

This article appeared online at TheNewAmerican.com on Monday, August 24, 2015:  

U.S Postage Stamp, 1957

U.S Postage Stamp, 1957

The fifth annual report from the Fraser Institute, “The Human Freedom Index,” showed the United States falling further in a global measurement of personal, civil, and economic freedom, from 17th place in 2011 to 20th in 2012 (the latest year for which reliable data is available). Ahead of the United States are Canada in 6th place and the United Kingdom, in 9th place. The United States barely edges out the Czech Republic and Estonia, in 21st and 22nd places respectively.

Wrote Ian Vasquez, one of the report’s co-authors:

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Seattle’s Minimum-wage Increase Starting to Cost Jobs

This article appeared online at TheNewAmerican.com on Thursday, August 13, 2015:

Jodi Hall, owner of Cupcake Royale, a small th...

Jodi Hall, owner of Cupcake Royale

The Seattle city council mandate that business owners must raise the minimum wage they pay to their workers to $11 an hour (on the way to $15 an hour over the next few years) is already having its predicted effect: In the first six months of this year, 1,300 restaurant workers in the city have lost their jobs, according to the American Enterprise Institute (AEI).

In the single month of May, one month after the $11 mandate kicked in on April 1, 1,000 workers lost their jobs which, according to AEI economist Mark Perry, “was the largest one month job decline since … the [start of] the Great Recession.”

In simple terms, thanks to the progressives running the city council, Seattle restaurant workers are suffering their own recession.

To add salt to the wound, statewide (not including Seattle), restaurant employment has increased by 3.2 percent, adding 2,800 jobs over that same period.

This wasn’t supposed to happen,

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Trump Calls Drop in Chinese Currency “Devastating”

This article appeared online at TheNewAmerican.com on Wednesday, August 12, 2015:  

In an interview at CNN, Republican presidential candidate and billionaire businessman Donald Trump was aghast at the decision by China’s central bank to allow the country’s currency to more closely reflect its real value by letting it drop by more than two percent:

They’re destroying us! They keep devaluing their currency until they get it right. They doing a big cut in the yuan, and that’s going to be devastating for us.

This was echoed by Thomas Gibson, head of the American Iron and Steel Institute: “Our government must address the massive damage that China’s undervalued currency is causing to our nation’s manufacturing sector, especially the steel industry.”

Trump failed to make clear exactly who “us” is. By allowing the yuan to be valued daily as the market deems it, rather than having it arbitrarily pegged loosely to the value of the dollar, every consumer at Walmart is going shortly to see a sign in their window:

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“Gig” Economy Ending Lifetime Careers, Opening Opportunities

This article appeared online at TheNewAmerican.com on Wednesday, August 5, 2015:  

Lending Club headquarters in Redwood City, Cal...

Lending Club headquarters in Redwood City, California.

According to the Financial Times — referring to the “gig” or contractor/freelance economy — the “new world of work is both more exciting and less secure.” And an increasing number of former employees are celebrating that new world by participating in it, leaving collectivists and statists gasping and wondering who will pay for the benefits they have promised if everyone starts working for himself?

The number of independent contractors is growing. And not just in the United States, either. London’s Financial Times reported earlier this week that

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How to Rate Bernie Sanders?

This article was published by The McAlvany Intelligence Advisor on Wednesday, July 22, 2015:  

Bernie Sanders, U.S. Senator from Vermont

Bernie Sanders, U.S. Senator from Vermont

The National Taxpayer Union rates the performance of Vermont’s Senator Bernie Sanders, candidate for the Democrat Party’s nomination for president in 2016, at a lowly five percent out of 100. The American Conservative Union rates his performance barely higher, at 6.2 out of 100.

The National Rifle Association (NRA) has rated Sanders over the years at between a C- and F. And this despite the NRA’s dalliance with Sanders in 1990 that put him into the House, replacing a RINO, Peter Smith.

Wayne LaPierre, vice president of the NRA, wrote to the group’s 12,000 Vermont faithful in 1990 that

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On Gun Control, Bernie Sanders Is a Conundrum

This article appeared online at TheNewAmerican.com on Tuesday, July 21, 2015:  

U.S. Senator Bernie Sanders of Vermont

U.S. Senator Bernie Sanders of Vermont

Vermont Senator Bernie Sanders reflects the bifurcation evident in his state almost from its very beginning. One of only two states to vote against Franklin Roosevelt in all four of his presidential campaigns, Republicans dominated Vermont’s politics from 1854 until the mid-1970s. Since then it is one of the most reliably blue states in the union. In 2013, it became the 17th state to decriminalize marijuana, while in 2014, it was the first state to call for a constitutional convention to overturn the Supreme Court’s decision in the Citizens United case, wherein the court decided that Americans didn’t lose their right to financially support political candidates just because the Americans form a corporation. That same year it also became the first state to require GMO labeling.

It is also known for being the state that allows its citizens to carry sidearms without

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The Root Cause of Greece’s Problems: Socialism

This article was published online at TheNewAmerican.com on Monday, July 13, 2015:  

English: Alexis Tsipras in a press conference ...

Alexis Tsipras

Returning to Brussels with an austerity program eerily similar to that just rejected by Greek citizens a week ago, Prime Minister Alex Tsipras hoped to obtain another bailout in exchange for debt forgiveness by the European Central Bank (ECB). Tsipras is desperate: His government must make a $7.8 billion payment to the ECB next Monday, and another $13 billion by the middle of August.

Instead, following marathon sessions lasting into the wee hours, those EU officials upped the ante, passing even more stringent demands before granting Tsipras his lifeline. It told Tsipras, in essence, either to paint or get off the ladder:

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Greek Vote the Death Knell for the EU?

This article was published by The McAlvany Intelligence Advisor on Wednesday, July 8, 2015:  

English: Nigel Farage at Lord's cricket ground...

Nigel Farage

Nigel Farage, named “Briton of the Year” in 2014 by the London Times, has finally found his voice. He noisily departed the Conservative Party in 1992 after the signing of the treaty that created the European Union to start his own UK Independence Party (UKIP). His criticism of the EU has been steady ever since, culminating in his eulogy on Monday: “The European Union is Dying Before our Eyes.”

According to Farage, Sunday’s referendum in Greece sealed its death warrant, even if somehow the Greek PM Alexis Tsipras is able to come to terms with the troika and have them turn on the financial spigot once again: “It [was] a crushing defeat for those Eurocrats who believe that you can simply bulldoze public opinion.” He added,

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Is Puerto Rico America’s Greece?

This article appeared online at TheNewAmerican.com on Monday, July 6, 2015: 

After running deficits every year since 1973 and paying for them by borrowing, the U.S. commonwealth of Puerto Rico has finally run out of options. On June 28, the island’s Governor Garcia Padilla admitted that its $73 billion “debt is not payable.… We will [shortly] be in a death spiral.” Padilla added: “There is no other option. I would love to have an easier option. This is not politics, this is math.”

The math is persuasive.

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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.

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