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: Small Business

Congress Pushes Back Against Gunsmith Edict

This article appeared online at TheNewAmerican.com on Monday, October 3, 2016:  

English: Gunsmith counter at H&H Shooting Spor...

Last week, House Minority Whip Steve Scalise (R-La.) and Senator Steve Daines (R-Mont.) introduced a bill in their respective chambers that would effectively rescind the State Department’s “guidance” issued in July that would have forced many small gunsmiths out of business. The bill is not a direct confrontation but a demand that the authority of the State Department be transferred to the less anti-gun and more business-friendly Department of Commerce, according to Scalise:

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The “Ratchet Effect” at Work Once Again, This Time Against Gunsmiths

This article was published by The McAlvany Intelligence Advisor on Monday, October 3, 2016:

English: This image is of economist Robert Higgs.

Robert Higgs

In interpersonal relations, the ratchet effect has been called “What’s mine is mine; what’s yours is negotiable.” In politics it’s been called “Two steps leftward, one step back.” Robert Higgs, a Senior Fellow in Political Economy at the Independent Institute for nearly a quarter century, described the effect much more elegantly: once a crisis that calls for more government has passed, state power usually recedes, but it rarely returns to its original levels; thus each emergency leaves the scope of government a little wider than before.

Thomas Jefferson put it this way: “The natural progress of things is for the government to gain ground and for liberty to yield.”

The latest example is the State Department, through its Directorate of Defense Trade Affairs (DDTC), expanding its definition of “gunsmithing” so that it is called “manufacturing,” thus allowing it to

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Brazil’s Economy Entering Depression

This article appeared online at TheNewAmerican.com on Monday, March 28, 2016: 

English: Aerial view of Rio de Janeiro city ce...

English: Aerial view of Rio de Janeiro city center, Rio de Janeiro, Brazil.

The latest numbers coming out of Brazil confirm what Goldman Sachs said last December: “What started as a recession … is now mutating into an outright economic depression, given the deep contraction of domestic demand.”

Translation: President Dilma Rousseff’s attempt to stimulate the slowing economy via massive insertions of new debt has in fact had the opposite result.

Consumers have cut back by more than eight percent across the board, while investment spending has declined more than 10 percent last year, with cumulative capital spending

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Another Keynesian Failure: Brazil

This article was published by The McAlvany Intelligence Advisor on Monday, March 28, 2016:  

John Maynard Keynes Русский: Джон Мейнард Кейн...

John Maynard Keynes

Boiled down to its most crude elements, Keynesianism, according to Antony Mueller at the Mises Institute, is “the economic policy doctrine of growth by spending.” Since 2003, when the current political party in Brazil, first headed up by Lula and now by Dilma Rousseff, came to power, it installed it in spades. For a while it seemed to work: demand for Brazil’s raw materials: oil, iron ore, and agricultural products grew as China (also pursuing the “growth by spending” mantra) also grew.

But the boom, which at one point included Brazil as one of the BRIC (Russia, India, and China) nations that would soon overtake the developed world, went bust.

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Minimum Wage Hikes Are Costing Jobs

This article appeared online at TheNewAmerican.com on Thursday, January 21, 2016:  

Employment data now coming in from six U.S. cities that have mandated increases in the minimum wage are proving a basic economic law: When the price or cost of something increases, less of it will be demanded.

In his analysis of the preliminary data now available from Chicago, Oakland, San Francisco, Seattle, Los Angeles and Washington, D.C., Jed Graham wrote:

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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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Trickle of Companies Leaving Illinois Turning Into a Flood

This article appeared online at TheNewAmerican.com on Friday, August 14, 2015:  

On Thursday, Hoist Liftruck’s announcement that it was moving more than 500 manufacturing jobs to Indiana was just the latest in a long and almost fevered list of other companies seeking to escape Illinois’ outrageous workers compensation costs and high taxes.

On July 14 machine-maker DE-STA-CO said it was moving 100 jobs to Tennessee. The next day energy processor Bunge North America said it was shutting down its plant in Bradley, Illinois, and laying off 210 workers. The day after that General Mills pulled the plug

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Seattle Progressives Prove Certain Economic Laws Cannot Be Repealed

This article was published at The McAlvany Intelligence Advisor on Friday, August 14, 2015:  

Peter, Paul & Mary

By changing the meaning of the word “flowers” to “businesses,” the lyrics from Peter, Paul & Mary’s anti-war song applies perfectly to the new Seattle under its new minimum wage mandates: Where have all the businesses gone?

Where have all the flowers gone, long time passing?”
Where have all the flowers gone, long time ago?
Where have all the flowers gone?
Young girls have picked them everyone.
Oh, when will they ever learn?
Oh, when will they ever learn?

And when will Mayor Ed Murray and his gaggle of progressives who unanimously passed the anti-business, anti-employment minimum wage law last summer ever learn: you cannot fool Mother Nature, and you cannot repeal economic laws.

In Murray’s case the economic law still to be learned is:

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Export-Import Bank’s Charter Expires, for the Moment

This article appeared online at TheNewAmerican.com on Wednesday, July 1, 2015: 

English: Export-Import Bank of the United Stat...

Visitors to the Export-Import Bank’s website on Wednesday would have found a terse notice that its charter had “lapsed” effective midnight, June 30, meaning that “the Bank and any of its delegated authority lenders cannot authorize any new transactions.” However, the bank is likely to have a very long life even after its death:

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Pushback Against Supremes’ Same-sex “Marriage” Ruling Begins

This article appeared online at TheNewAmerican.com on Monday, June 29, 2015: 

No doubt anticipating what was coming in the Supreme Court’s ruling in Obergefell v. Hodges on Friday, Senator Mike Lee (R-Utah) and Representative Raul Labrador (R-Idaho) introduced bills a week earlier to keep the federal government from discriminating against individuals and groups exercising what is now left of their First Amendment rights. Called the First Amendment Defense Act, Lee asked rhetorically:

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Kansas Considers Tax Increases Just as Its Economy Revives

This article appeared online at TheNewAmerican.com on Friday, June 12, 2015:

English: Aerial view of Kansas City, Kansas, l...

Aerial view of Kansas City, Kansas, looking southwest. The Kansas River (right-center) joins the Missouri River (left). A small piece of Kansas City, Missouri is visible on the left of the Missouri River.


Kansas House members debated until midnight Thursday whether to raise sales and cigarette taxes in order to close the state’s budget deficit. The House had just resoundingly defeated a previous measure that would have raised those taxes even more, but the state is facing a deadline to balance its budget, required under its constitution.

There’s a roughly $400-million shortfall this year, which is estimated to increase for the next several years.

Left-wing pundits have had a field day taking Governor Sam Brownback to task for calling his massive tax cuts enacted in 2012 an “experiment,” a “shot of adrenalin,” and similar to Ronald Reagan’s experiment based on the Laffer Curve: Reducing tax rates will increase tax revenues as the economy grows.

Paul Rosenberg, senior editor of Random Lengths News, a tiny weekly newspaper operating out of Long Beach, California, is a good example. His paper describes itself as an “independent progressive newspaper” with a readership of 63,000 that “is proud of the support from the Harbor Area labor unions, who allow us exclusive distribution inside most of their union halls.”

Rosenberg managed to get a screed attacking Brownback published in the hard-left Salon magazine in which he describes the Kansas governor as

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China Export Shipping Declines by Two-thirds

This article first appeared online at TheNewAmerican.com on Thursday, May 7, 2015: 

Two weeks ago the Shanghai Containerized Freight Index (SCFI), which tracks shipping rates from Shanghai to the world, fell off a cliff: down a breath-taking 67 percent from a year ago. Wolf Richter thought it was a statistical fluke.

It was no fluke. In the next two weeks the SCFI for Northern Europe fell another 14 percent, an all-time low. Wrote Richter: “Something big is going on in the China-Europe trade.”

The collapse is being echoed by other indexes reflecting the breathtaking decline in China’s exports. For example

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Is NewSat the next Solyndra?

This article first appeared at The McAlvany Intelligence Advisor on Friday, March 27, 2015:

English: Export-Import Bank of the United Stat...

In 2012 and 2013, the Export-Import Bank unanimously agreed to guarantee loans by Lockheed Martin to a small private Australian satellite company called NewSat, whose president was ecstatic at the news. NewSat’s CEO Adrian Ballintine celebrated:

It is fantastic to receive the support of the U.S. Ex-Im Bank. They are backing our … satellite with a direct loan, with a favorable low-fixed interest rate and long tenure.


The deal is an Australian first for Ex-Im Bank and a major milestone towards the launch of Australia’s first commercial satellite.

His was a company worth $50 million before Ex-Im guaranteed $304 million in loans by Lockheed Martin to provide it with a satellite designed to reach all across the South Pacific and rake in millions. Ex-Im was simply following its charter: make loans no one with any sense would consider making.

Of course, that isn’t exactly what the bank’s charter really says;

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Huge Ex-Im Bank Loan Defaults Imperiling Bank’s Reauthorization

This article first appeared online at TheNewAmerican.com on Thursday, March 26, 2015: 

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

Seal of the Export-Import Bank of the United States

On January 21, NewSat, a private satellite communications company headquartered in Australia, defaulted on a $21 million payment to its primary satellite provider, Lockheed Martin. That default is triggering an avalanche of defaults that could sink not only NewSat but also very likely the bank that guaranteed the loans financing the deal, the Export-Import Bank, whose charter is up for renewal on June 30.

The Ex-Im Bank has touted its ability and willingness to provide financing for American companies seeking to do business abroad but which couldn’t arrange financing the regular way: through private banking channels. According to the bank’s charter,

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Tax-credit Private-school Scholarship Funding Explodes in Oklahoma

This article first appeared online at TheNewAmerican.com on Tuesday, March 24, 2015:

Many Oklahoma taxpayers are paying less in state income taxes, thanks to contributions made to scholarship granting organizations (SGOs) last year.

It’s a new wrinkle, and many of those opening envelopes from the Oklahoma Tax Commission are in for a pleasant surprise. A single taxpayer contributing $2,000 to an SGO last year will save $1,000 in state income taxes. A couple contributing $4,000 will save $2,000. These are credits, not deductions, based on one-half the contribution. Translation: Every dollar of credit saves one dollar in state taxes.

For those able to give more — think successful small business owners, lawyers, accountants, physicians, software engineers, farmers, ranchers, and other business owners operating as regular C corporations — that letter in the mail this month could generate even greater excitement.

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“Audacious” State of the Union Speech to Push for Higher Taxes on the Rich

This article first appeared online at TheNewAmerican.com on Monday, January 19, 2015:

In what the New York Times termed an “audacious” move, President Obama will use his State of the Union speech on Tuesday night to push for higher taxes on the rich and big financial institutions, and give the money to the middle class still caught in the clutches of a slow economic recovery from the Great Recession.

The details are straightforward:

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Ferguson Businesses Damaged in Rioting Owned Mostly by Minorities

This article first appeared online at TheNewAmerican.com on Wednesday, November 26, 2014: 

When Jeniece Andrews got a call that her Ferguson, Missouri, antiques and jewelry store, Hidden Treasures, was on fire on Monday night, she dropped everything and headed to the store. By the time she got there, it was too late: Three years of blood, sweat, and tears had disappeared into the night air.

“I came and parked across the street, and I just broke down. I couldn’t believe it. Everything I worked for for three years with my husband was gone,” she told the Wall Street Journal.

Dayan, the Jewish owner of STL Cordless, also found his business destroyed by looters. Standing in the middle of his trashed electronics store, he told the Los Angeles Times,

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Gadsden Flag Carries Clout in Ocala

This article was first published at The McAlvany Intelligence Advisor on Friday, September 12, 2014:


Illustration from High School textbook printed...

Illustration from High School textbook printed in 1885, titled “History of the US”. (Photo credit: Wikipedia)

The Gadsden flag of a coiled rattlesnake on a bright yellow field with the words “Don’t tread on me” beneath it was designed by American General Christopher Gadsden in 1775 during the American Revolution. Benjamin Franklin explained what the flag meant to Americans then:

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