G. Edward Griffin on Free Markets

The author discusses

According to G. Edward Griffin, alternative markets ARE free markets. Alternative markets are an alternative to what? Controlled markets that prevent prosperity.

Free markets are ruled by consumer demand and producer supply. Major markets today are NOT free markets. They are ruled by small groups that have been given the power to intervene in the free exchange of supply and demand. Those who wield this power usually claim that they are acting on behalf of the greater good of society but, the reality is that, often, they serve hidden agendas that benefit themselves or those or those they covertly serve. 

Monopolies exist because of governmental regulations and are characterized by a lack of competition in the marketplace. Monopolies can be broken by removing these regulations. Only then will upstart competitors be able to break the monopolies. This is simple, but not easy because most people still suffer under the illusion that government regulation is in the interest of the public.

Putin (Russia) & Ahmadinejad (Iran), Really Threat to US?

??We will let YOU figure it out...






WE REPORT, YOU DECIDE!

Is $200 Barrel Oil Coming to the US (5 dollars at the Pump)?

Seeking Alpha- Cullen Roche

Nomura has a very good piece on the current situation in the Middle East and the risk of oil rising to $200. While Libya is a big player in the region, the ultimate scare would come from any disruption in Saudi output. As you can see they are by far the largest player in the region (click to enlarge):

 

One of the concerns today is that spare capacity is fairly high. That means OPEC is unlikely to add supply to the market despite the disruptions. This was confirmed by CNBC yesterday who says that OPEC has no intentions of raising supplies:

UPDATE: 'Deadly' Use of Force Against WISC Protestors

Mother Jones reports

Update: Indianapolis-area TV station WLFI reports that the Indiana deputy attorney general “is no longer employed by the agency.” Mother Jones will provide continuing updates and screen captures of the now-defunct blog here.

On Saturday night, when Mother Jones staffers tweeted a report that riot police might soon sweep demonstrators out of the Wisconsin capitol building—something that didn’t end up happening—one Twitter user sent out a chilling public response: “Use live ammunition.”

From my own Twitter account, I confronted the user, JCCentCom. He tweeted back that the demonstrators were “political enemies” and “thugs” who were “physically threatening legally elected officials.” In response to such behavior, he said, “You’re damned right I advocate deadly force.” He later called me a “typical leftist,” adding, “liberals hate police.”

Rahm Emanuel: The Sausage King of Chicago

 

If the Rumor is true you cannot help but laugh

President Obama and his chief of staff Rahm Emanuel are lifetime members of the same gay bath house in uptown Chicago, according to informed sources in Chicago’s gay community, as well as veteran political sources in the city. 

Information about the noted club describes:

a private membership club for men 18 years and older. Man’s Country Chicago is a clean, safe place to hang out, meet guys who share the same interests as you, socialize, make friends, watch porn and play! Man’s Country Chicago / Where real men meet.

 Ferris?

Are Rising Oil Prices the sole Responsibility of unrest in Libya?

 

Daily Reckoning

Tunisia? Nah, not so much. Egypt? Meh. Bahrain? Almost. It took Libya to really get a rise out of the markets.