did newsome just secede from the union?

is california taking the lead towards the goal the red states have proposed? San Francisco government is no longer travelling to Arizona, and a full boycott has been proposed (i think, I'm being lazy). Arnold printed money (IOUs). What's next? Will we see more "city states" join a "light secession"?

the gse wash

now that we have all the financial reform and fraud talk, here's an angle i'd like to see get some attention. i'm wondering if anyone did the following:

• sell an alt-a (mortgage or bundle) to a GSE


• short the alt-a


• (optional) buy the gov backed GSE product

this would guarantee profit on both sides, generate demand, and satisfy things like the GSE mandates (CRI)

nudge towards freedom?

I've been thinking about game theory again. While Cass Sunstein has been getting heat lately, I'm wondering if we can't use the nudge technique towards libertarian ends.

What I'm really looking for is a sort of win/win, easy way out, slippery slope to freedom strategy/plan that ideally all freedom lovers could participate in, no one would suffer, the guilty or somewhat guilty could redeem themselves; and it would all be lolly pops and sunshine forever

LEAVE IRAN ALONE

Ron Paul gets it right again

instead of VAT, GAT?

instead of a value added tax, can we have a government abuse tax? Any time the government bails out a bank, or an auto manufacturer ... or provides any corporate welfare in general - tax that company's product(s) to recoup twice what the government put in. i mean, since when does the mafia lend to Sam and squeeze Joe - squeeze Sam, he's your mark!

Better yet, tax all recipients of government spending 101% at the transaction (get it? - they wouldn't)

William K. Black is my Hero

from http://www.dailypaul.com/node/132415

you MUST listen to stefbot

same guy who had the incite about why minarchies fail

youtube channel

child abuse and ideology = bomb in the brain

will minarchy always fail?

this guy thinks that the productive capacity of a free market necessarily leads to government expansion, and that anarchy is the only solution. I agree with the former, but not the latter - though that does appear to have happened. I've discussed this elsewhere, but efficiencies in production and distribution in the global economy have facilitated gov expansion esp warfare. This partially explains why the US (and the dollar) has not yet (totally) collapsed, though very smart people have been predicting collapse for a long time and have been largely correct.

Naked Short Selling: Bear Stearns and Lehman

This makes me hate Dodd less.