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

Free Market Alternatives to Obamacare Already Exist

More than a year ago, Dr. Barbara Bellar, a medical doctor with a JD degree, was running for office as an Illinois State Senator, and provided a sound byte that continues to reverberate across the internet, having been viewed as of this writing some 3,675,000 times. The clip lasts less than two minutes, including laughter and applause from her audience, to whom she said:

So let me get this straight. This is a long sentence:

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Plastic Water Bottle Ban Proposed for San Francisco

The popular three-term President of the San Francisco Board of Supervisors, David Chiu, unveiled his proposal on Tuesday which would ban the sale of plastic water bottles on city property. Initially the ban would only apply to sites where there are already alternative water sources like drinking fountains, but would eventually apply to all events on San Francisco property. By 2016 the ban would also apply to outside vendors as well.

Said Chiu:

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Walmart’s Two New Stores in Washington DC Embarrass a Preacher

This article first appeared at The McAlvany Intelligence Advisor on Monday, December 9th, 2013:

 

When the Rev. Graylan S. Hagler, pastor of the Plymouth Congregational United Church of Christ, saw the two new Walmart stores opening in DC this past week, he admitted that some of his people were going to shop there despite his protestations:

I know some of my congregants are going to be shopping there. I have not called for a boycott or anything like that.

But … when you make this corporation richer, it’s at the expense of making somebody [else] poorer.

Not according to the shoppers, hundreds of whom voluntarily

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WTO celebrates its first global agreement in 12 years

With tears in his eyes, Director-General of the World Trade Organization (WTO) Roberto Azevêdo announced on Saturday the successful culmination of days of difficult negotiations to arrive at the

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Judge declares Detroit bankrupt, gives OK to cut pensions and burn creditors

In the opening to his hour-long statement to a packed courthouse on Tuesday, federal bankruptcy court Judge Steven Rhodes said:

It is indeed a momentous day. We have here a judicial finding that this once proud and prosperous city can’t pay its debts. It’s insolvent.

It’s eligible for bankruptcy. At the same time it has an opportunity for a fresh start.

He reeled off the list of problems the city is facing:

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Obamacare Driving Doctors and Patients to Direct Pay

UnitedHealth Group has dropped thousands of doctors from its networks due to falling reimbursements, leaving patients wondering what their options are. So are those physicians.

One of those physicians, Dr. Josh Umbehr in Wichita, Kansas, has opened his own “direct pay” practice as an answer to both. On his website he notes the following benefits for patients who are looking for alternatives to Obamacare.

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Atlanta Reelects another Hubris-lathered Politician as its Mayor

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, November 6th, 2013: 

Atlantans obviously weren’t paying attention when President Obama flew into town to endorse and promote their mayor in his reelection campaign. If they had been, they would have known something was wrong. He praised the mayor for his

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When the Free Market is allowed to Flourish, It Does

This article was first published at The McAlvany Intelligence Advisor on Friday, November 1st, 2013:

When the JOBS Act (Jumpstart Our Business Startups Act) was signed into law in April 2012, it was designed to create a “regulatory exemption” for crowd funded securities – a crack in the 6-inch thick slab of concrete the government regulatory agencies are determined to pave over every manner of entrepreneurial activity in the country – so that entrepreneurs could meet with capital largely free of regulations under Dodd-Frank, Sarbanes-Oxley, and other noxious restrictions on freedom.

It was highly controversial at the time, with the New York Times leading the way in an article entitled

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Kickstarter Marks Another Milestone

Just over a week ago Kickstarter, the crowd funding platform, revealed that it had successfully funded more than 50,000 projects since its inception in 2009. As of October 31st that number had jumped to 50,844 with another 4,130 currently being funded.

Kickstarter has helped entrepreneurs with ideas, songs, gadgets, video games, publishing concepts and fashion design ideas connect with low-budget capitalists interested in supporting them. And, thanks to provisions in the JOBS Act, signed into law in April 2012, they can do this without

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The Bubble in the Caribbean: Puerto Rico

This article was first published at The McAlvany Intelligence Advisor on Wednesday, October 30, 2013:

The complacency of municipal bond holders ended in July with the filing for bankruptcy by Detroit, an unhappy town of just 700,000 owing more than $18 billion to investors. Haircuts there have variously been estimated to be between 15 and 60 percent.

Since then, those holders have been looking around to find the next shoe to fall, and they have found it:

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White House “Tweaks” Obamacare; Major Problems Remain

Thursday’s announcement by the White House that it was “tweaking” Obamacare in order to keep some taxpayers from being penalized even after they purchased insurance obscured the vastly greater problems facing the new federally mandated health care program.

The vice president of the tax firm Jackson Hewitt, Brian Haile, first noted that it was possible, even likely, that

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HealthCare.gov Delays Are Way More than Just Glitches

It’s been three weeks since the much ballyhooed start of enrollment for Obamacare and the results are not just disappointing. They are disastrously low. According to Mike Huckabee, fewer than 500,000 of the 7 million uninsured people needed in the next six months to make this program viable have been able to apply for coverage online, and most of them were

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More Americans Say Country is Headed in the Wrong Direction

Last week’s poll from Bloomberg show that 68 percent of Americans – two out of every three – say that the country is heading in the wrong direction, the most in two years and a substantial increase just since the first of the year. In addition, it appears that more Americans are blaming President Obama as the cause,

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Teenager is China’s first victim of its new internet “anti-gossip” law

As China continues to ramp up its censorship of internet usage by its estimated 600,000 million users, the arrest of a 16-year-old boy is just one more statistic in China’s war against freedom of expression.

Early in September China’s Supreme Court issued guidelines and penalties to punish those publishing what the state deems to be “rumors” and “slander”. If such a message is forwarded more than 500 times or

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President’s Speeches on the Economy Draw Attention Away from His Scandals and Falling Poll Numbers

From the New York Times to Politico.com the president’s speech to students at Knox College in Galesburg, Illinois on Wednesday was headline news. More than an hour long, it contained enough platitudes, sound bites and falsehoods to keep pundits busy and away from more about the Benghazi, IRS, NSA surveillance scandals and Obamacare fallout which have caused the president’s poll numbers to plummet. It was time to get out of Dodge and take

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CFR expert calls for elimination of Laws restricting Crude Oil Exports

Sounding more like a free market economist than the thoroughly establishment analyst that he is, Blake Clayton, writing for the Council on Foreign Relations (CFR) in a paper published last week, built a carefully crafted case for the elimination of all federal controls on exporting crude oil. Clayton, who received two master’s degrees from the University of Chicago and Cambridge University along with a doctorate from Oxford, was blunt:

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The Myth of the Disappearing Middle Class in America is Finally Put to Rest

This was first published at The McAlvany Intelligence Advisor on Monday, July 15th, 2013:

 

Two favorite economists, Donald Boudreaux of George Mason University and Mark Perry of the University of Michigan, have contested and decried the dominant social theme that America’s middle class is disappearing. For instance, back in January their arguments reached the pages of the Wall Street Journal in which they stated flatly that

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Paul Ryan the “bridgebuilder” on immigration reform?

On Saturday Newsmax.com reported on Rep. Paul Ryan’s (R-Wis.) continuing attempts to revive interest in the House to consider the immigration bill the Senate just passed. He thinks that with a little tweaking the House can come to terms that the Senate would approve, and all will be well once again:

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Welcome to Washington, DC: Pay $50 Fine, Have a Nice Day, Go Home

This article was first published at The McAlvany Intelligence Advisor on June 26th, 2013:

 

When Joe Carr, along with five of his baseball buddies from Eden Prairie, Minnesota, decided to fly to Washington to watch their Twins take on the Washington Nationals in June, he had no idea he’d leave the city with a criminal record and $50 poorer.

In a sarcastic jest he decided to write about his experience in a letter to the editor of the Washington Post, and they printed it. He explains what happened:

The Friday, June 7, night tilt between the Nationals and my Mighty Fighting Minnesota Twins was rained out by Tropical Storm Andrea. I was hosting five of my buddies on our annual baseball weekend, and, having lived in the D.C. area in the ’90s, I had booked the hotel, purchased the game tickets and planned the requisite Mall and monument tours. We were going to drop some serious cash (well, by Midwestern standards, anyway) into the local economy.

The rainout resulted in my possessing six tickets — worth $360 — to the second game of a Sunday doubleheader scheduled to be played when my friends and I would be somewhere over Chicago. However, as any baseball fan knows, there is always a market for club-level seats. So I proceeded to “market” the seats as I walked up to Nationals Park prior to Saturday’s 4:05 p.m. game.

Bad move.

Fast forward: after offering his tickets (he was willing to let them go for less than the $60 he had invested in each of them) to several people who turned him down, he was accosted by a uniformed member of the local constabulary, along with a trainee who was about to get a lesson in how to shake down a visitor. Here’s the conversation:

Officer: What are you asking? [Note: this is a solicitation.]

Carr: I’d love to get face value.

Officer: You’re under arrest for solicitation.

Trainee: You’re going to do this?

Officer:   Absolutely.

Carr:  You’ve got to be kidding.

Officer:  Does it look like I’m kidding? [Is this intimidation?]

The OIC (officer large and in charge) called for backup, put Carr into the back seat of the cruiser when it arrived, sans belt and shoes but wearing handcuffs, took him “downtown” for a mug shot, fingerprinting, and cool-off time in a jail cell for 2½ hours. The judge showed up, fined him $50, and let him go, leaving behind a criminal record.

As Mark Perry noted, Joe never actually sold his tickets. He ate the $360. There wasn’t even a transaction. There was no victim. He wasn’t charged with scalping either, just solicitation.

Carr described his experience into Washington’s welcome chamber of “downtown” as “Kafka-esque” where everything is upside down and inside out:

I broke a law. Guilty. But what purpose was served by my arrest? It didn’t make any financial sense. I am certain that the costs of my arrest, transport and processing had to be many multiples of the $50 I paid. Does the District have a massive budget surplus it needs to spend down?

What Carr ran into was the war on the free market, in a microscopic moment. Carr bought his tickets. He owned them. He paid for them. They were his property. Under free market principles he would be free to use them (or not), give them away, will them to his heirs, or sell them (at any price that a willing fully informed buyer would pay). But not in Washington, DC. Their definition of “solicitation” is different.

In the United States, there are three parts to the crime of solicitation:

  1. The encouraging, bribing, requesting or commanding a person
  2. To commit a substantive crime
  3. With the intent that the person solicited actually commit the crime.

You can see where this is going. Apparently, in Washington, DC, attending a baseball game with tickets purchased from another person is a “substantive crime.” Looking at the Washington National’s record to date, attending any of their games is a crime – of boredom.

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Sources:

Joe Carr: Welcome, baseball fan. Go directly to jail.

Definition of Kafka-esque

Definition of Scalping

Definition of Solicitation

Current Washington Nationals standings

Mark Perry: Great moments in government prosecution of innocent baseball fans for victimless crimes that didn’t even take place

 

 

Unanimous Supreme Court Ruling on Human Genes is a Split Decision

On Thursday the Supreme Court ruled unanimously that patents on human genes are now void, while the successful creation of synthetic genes may continue to be patented. Both sides of the lawsuit celebrated victory. Mike Adams of Natural News exclaimed: “Sanity prevails: human genes are not eligible for patent protection!” while the ACLU declared: “Victory! Supreme Court Decides Our Genes Belong to Us!”

On the other hand, Myriad Genetics, Inc., the biotechnology company that holds dozens of patents on human genes, wrote:

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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.