Certain Economic Decisions Are ‘Constitutionally’ Compulsory

Conspiracy, Healthcare, Law, Regulation

As the late Joe Sobran once quipped, “The U.S. Constitution poses no serious threat to our form of government.” A Clinton-appointed U.S. District Court by the name of Judge George Steeh has ruled that “Congress can require individuals to buy health insurance starting in 2014 as one of the provisions of health care reform legislation enacted in March.” The ‘judge’ went on to dismiss ‘part of the Ann Arbor-based Thomas More Law Center’s federal lawsuit.'”

The nonprofit Christian legal advocacy group filed a lawsuit on behalf of four uninsured Michigan residents who objected to the individual mandate provisions in the Patient Protection and Affordable Care Act as an unconstitutional tax.

“According to the Law Center, the court took the extraordinary step of concluding that Congress’ Commerce Clause power does not end at regulating economic activity. Rather, this power can be extended to regulate economic decisions whether made consciously or not. The court stated, ‘While plaintiffs describe the Commerce Clause power as reaching economic activity, the government’s characterization of the Commerce Clause reaching economic decisions is more accurate.'”

Rob Muise, The Law Center’s senior trial counsel who handled the case commented, ‘This decision is ripe for appeal, which we intend to do expeditiously.'”

Chris Matthews Lies: The Best Minds Are Not Keynesians

Economy, Elections, Journalism, Media, Political Economy

Chris Matthews has been repeating this lie almost every week in this ramp-up to the mid-term elections:

“This president came into office facing the worst economic outlook since the 1930s. He took action, bold action, the action prescribed by the best economic minds – following the best thinking there is in economics ‘since’ the 1930s.

First, even before taking office, he backed up his predecessor in preventing a major collapse of the financial industry. Everyone involved said it ‘had’ to be done to avoid catastrophe – the destruction of our country’s financial spine.

Second, he took the action – again boldly – to powerfully offset the white-knuckle drop in consumer spending and business investment. If he hadn’t, no one – including his worst critics – would have any idea what would have befallen us. We can argue about the name it was given – the stimulus bill – but the creation of this great boost in economic demand for goods and services as critical break on what was widely seen as an economic free-fall.”

Nonsense on stilts. And what a propagandist Chris is.

I’ll quote this blog, from 2009, on the so-call Keynesian consensus: “The Royal ‘We’ is unwarranted; and it’s not only me.

The following statement was signed by more than 200 academic economists, and posted by the Cato Institute. The Wall Street Journal buried the statement among a list of economists touting the stimulus package–and the “principle” of printing and borrowing the country out of a depression:

“Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of government, we the undersigned do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan’s ‘lost decade’ in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today. To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth.”

"11 Long-Term Trends That Are Absolutely Destroying The U.S. Economy"

Business, Debt, Labor, Outsourcing, Political Economy

The Business Insider’s list of “Long-Term Trends That Are Absolutely Destroying The U.S. Economy” should form the sub-headings issuing from an overarching main causal agent: The State, its onerous regulations, and its mint. Over the decades, the Federal Reserve Bank, with State imprimatur, has debauched the currency and it manipulates interest rates so that the economy can never self-regulate.

In any event, The Business Insider may, at times, confuse cause with consequence, but, at least, it has looked beyond short-term trends; in itself a break from the trend.

See what you think (and do follow the hyperlinks before you accuse me of being remiss):

Long-Term Trend #1: The Deindustrialization Of America.
Long-Term Trend #2: The Exploding U.S. Trade Deficit
Long-Term Trend #3: The Shrinking Middle Class
Long-Term Trend #4: The Growing Size Of The U.S. Government
Long-Term Trend #5: The Constantly Growing U.S. National Debt
Long-Term Trend #6: The Ongoing Devaluation Of The U.S. Dollar
Long-Term Trend #7: The Derivatives Bubble
Long-Term Trend #8: The Health Care Industry
Long-Term Trend #9: Financial Power Is Becoming Concentrated In Fewer And Fewer Hands
Long-Term Trend #10: Rampant Corruption On Wall Street
Long-Term Trend #11: The Growing Retirement Crisis That Threatens To Bankrupt America

See the details HERE.

“11 Long-Term Trends That Are Absolutely Destroying The U.S. Economy”

Business, Debt, Economy, Labor, Outsourcing, Political Economy

In any event, The Business Insider may, at times, confuse cause with consequence, but, at least, it has looked beyond short-term trends; in itself a break from the trend.

See what you think (and do follow the hyperlinks before you accuse me of being remiss):

See the details HERE.