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Why We’ll Never Know What Really Happened in Butler, PA
Posted by M. C. on July 17, 2024
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Liberty is Married to the Market Economy – w/ Dr. Walter Block
Posted by M. C. on July 17, 2024
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Is Informational Asymmetry a Market Failure?
Posted by M. C. on July 17, 2024
Lemons absolutely exist, but so does Carfax.
In sum, there ain’t no such thing as a market failure, the claims of most neoclassical economists to the contrary notwithstanding, certainly not this particular one.
https://walterblock.substack.com/p/is-informational-asymmetry-a-market
We all seek an end to fraud. Aside from being inherently wrong, this type of crime also undermines the economy. Yes, mutual gains from fraudulent transactions can still be made ex ante (looking ahead). This is so for all commercial interaction, without exception. Each side, even in fraudulent interactions, expects to gain in utility from the purchase or sale or rental or borrowing or lending, etc. However, fraud plays havoc with utility ex post (after the fact). Only one side can gain; the other is the clear loser. All men of good will must necessarily oppose fraud, as it is in opposition to human flourishing.
How, then, to eradicate fraud? One possibility is to declare informational asymmetry a market failure, and to have government address this problem. One way to do so would be for the state to educate the ignorant. Another equally positive approach would be to dumb down the smart. Here we would employ Kurt Vonnegut’s “Handicapper General.” (Many critics think, not without good reason, that this is what public education now accomplishes.) A third option would be to do a bit of both. After all, the goal here is not to improve information; rather, it is to equalize it, amongst all of us.
Best of luck on this.
What positive can be said of such a silly proposal? One argument in its favor is that if there were full symmetry in terms of informational holdings, then, from a praxeological point of view, there could be no such thing as a swindle. If both parties had exactly the same knowledge of all relevant considerations to bring to the market, then it would be a logical contradiction for one to be able to take advantage of the other’s relative ignorance in any such manner.
But this is a highly problematic way of dealing with the problem. For one thing, only a small percentage of all commercial dealings are criminal in this way. Yet, of the almost 8 billion people now occupying the third rock from the sun, it would be difficult to reject the notion that there are roughly an equal number of people for whom it may be properly said that they have different amounts of information. Asymmetrical knowledge is here to stay,
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“The First Amendment Is Out Of Control”: Academic And Media Figures Rally Against Free Speech
Posted by M. C. on July 16, 2024
by Tyler Durden
Friday, Jul 12, 2024 – 11:45 AM
Authored by Jonathan Turley via jonathanturley.org,
“The First Amendment Is Out of Control.” That headline in a recent column in the New York Times…
Some citizens seem sufficiently afraid or angry to surrender their free speech rights. They have lost faith in free speech. For the rest of us, their crisis of faith cannot be allowed to become a contagion. We must have a reawakening in this country that, despite our many divisions, we remain united by this indispensable human right.
“The First Amendment Is Out of Control.” That headline in a recent column in the New York Times warned Americans of a menace lurking around them and threatening their livelihoods and very lives. That menace is free speech and the media and academia are ramping up attacks on a right that once defined us as a people.
In my new book “The Indispensable Right: Free Speech in an Age of Rage,” I discuss how we are living in the most dangerous anti-free speech period in our history. An alliance of the government, corporations, academia, and media have assembled to create an unprecedented system of censorship, blacklisting, and speech regulation. This movement is expanding and accelerating in its effort to curtail the right that Supreme Court Justice Louis Brandeis once called “indispensable” to our constitutional system.
It is, of course, no easy task to convince a free people to give up a core part of identity and liberty. You have to make them afraid. Very afraid.
The current anti-free speech movement in the United States has its origins in higher education, where faculty have long argued that free speech is harmful. Starting in secondary schools, we have raised a generation of speech phobics who believe that opposing views are triggering and dangerous.
Anti-free speech books have been heralded in the media. University of Michigan Law Professor and MSNBC legal analyst Barbara McQuade has written how dangerous free speech is for the nation. Her book, “Attack from Within,” describes how free speech is what she calls the “Achilles Heel” of America, portraying this right not as the value that defines this nation but the threat that lurks within it.
McQuade and many on the left are working to convince people that “disinformation” is a threat to them and that free speech is the vehicle that makes them vulnerable.
It is a clarion’s call that has been pushed by President Joe Biden who claims that companies refusing to censor citizens are “killing people.” The Biden administration has sought to use disinformation to justify an unprecedented system of censorship.
As I have laid out in testimony before Congress, Jen Easterly, who heads the Cybersecurity and Infrastructure Security Agency, extended her agency’s mandate over “critical infrastructure” to include “our cognitive infrastructure.” The resulting censorship efforts included combating “malinformation” – described as information “based on fact, but used out of context to mislead, harm, or manipulate.” So, you can cite true facts but still be censored for misleading others.
The media has been running an unrelenting line of anti-free speech columns. Recently, the New York Times ran a column by former Biden official and Columbia University law professor Tim Wu describing how the First Amendment was “out of control” in protecting too much speech.
Wu insists that the First Amendment is now “beginning to threaten many of the essential jobs of the state, such as protecting national security and the safety and privacy of its citizens.” He bizarrely claims that the First Amendment “now mostly protects corporate interests.”
So free speech not only threatens your life, your job, and your privacy, but serves corporate masters. Ready to sign your rights away?
Wait, there is more.
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Tucker Responds to Trump Assassination Attempt and JD Vance for VP | Milwaukee, WI Speech
Posted by M. C. on July 16, 2024
Some highlights: Most politicians and government people are empire, power, anti-people and control builders. This is a spiritual battle. Government is the god. Christianity and Christians hampers it’s efforts and therefore must go. When Trump said the invasion of Iraq was a mistake he put himself on the empire builders bad boy list. Vance is NOT (Correction!!!) anti-interventionist.
Even if you don’t like Carlson, the first 18 minutes are worth your time.
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JFK Secret Service Standdown
Posted by M. C. on July 15, 2024
The best version of this original video footage from Love field in Dallas Texas the morning of November 22, 1963. It’s amazing that this footage has been withheld from the public for so long. To all of you who accept the official story that Oswald was the lone gunman, or at the least that there was no governmental conspiracy to kill Kennedy, please, please, tell me how Oswald pulled this off. How did he get the Secret Service to stand down that day? Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
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Trump Gunman Reported To Be Thomas Matthew Crooks
Posted by M. C. on July 15, 2024
by Tyler Durden
“Trump’s team reportedly asked for ‘beefed up protection’ and was rebuffed over and over by Biden DHS.“
“The secret service, which reportedly ignored a warning about the shooter climbing a building…”
“One Trump supporter told the BBC that he and others saw the shooter before the assassination attempt, alerted police and the secret service, and was ignored…”
Rooftops not a priority?
We know the first comment is correct. The rest, will we ever know?
‘Who says what’ from now on will be interesting. So will what is not said.
https://www.zerohedge.com/political/trump-bleeding-rushed-stage-after-shots-fired-pennsylvania-rally
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Fearless
Posted by M. C. on July 15, 2024
I can think of better candidates but…
And putting aside his motivation, how can you not say that choosing to stand on stage after being shot instead of ducking, hiding and scurrying away isn’t courageous?
At the end of the day, I don’t care what drives him. Trump is a guy that perseveres.
And if you view the country like I do right now, as a scattered, disorganized free-for-all, badly losing its grip on both law and order and its moral compass, a little drive, direction, perseverance and courageousness could go a long way for us.
by Tyler Durden
Sunday, Jul 14, 2024 – 08:10 AM
Submitted by QTR’s Fringe Finance
https://www.zerohedge.com/markets/fearless
A couple of hours before the assassination attempt of President Donald Trump, I was sitting in a bar having a laugh with some new friends I had just met from Texas.
Our discussion was centered around how divided the country has become and why we all felt another four years of President Biden would be an unmitigated disaster.
In the spirit of honest discourse among new friends, we began to rattle off the things we liked and didn’t like about Trump, as well. We conceded to each other that Trump was vain and a narcissist, obsessed with his own image, but we also agreed his policy stances would be far better for the country than those of the Democratic party.
And the self-obsessed narcissism criticism you, and everybody else, should know by now: it’s been lobbed at Trump for so many decades now he probably takes it as a compliment.
Look, I’m a realist. I understand that it’s easy to look at Trump’s personal life and career prior to being President and conclude he’s always prioritized the money and the image over substance.
From Trump Airlines to Trump Steaks to Trump University to Trump’s namesake casinos in Atlantic City, combined with allegations of not paying vendors that worked for him on projects and fabricating positive press about himself in the media, I don’t fault people for taking that view of the man.
We could sit here and analyze what drives Trump to engage in these patterns of behavior, which would probably take forever since it would require him to undergo a trillion hours of therapy to uncover his deepest trauma, or we could zoom out, take a 30,000-foot view and simply take note: for one reason or another, the f*cking guy is driven.
And it’s this incessant, relentless, fearless drive and desire to win — no matter what is fueling it — that has allowed Trump to shake off his past business failures and eventually land on The Apprentice, which became a resounding success. It’s the same drive that empowered Trump to campaign obsessively in 2016 and then defy all odds to win the presidency.
People first joked that Trump was running in 2016 as a PR stunt. Maybe he was. But at the end of they day, he manifested himself into the White House. And, to boot, he did a decent job: he ran the country effectively, slashed regulations, cut taxes, kept us out of war, and kept the economy booming. Regardless of why he wanted to become president, once he was put in that position, he did a decent job of “getting shit done” and won the respect of many world leaders who otherwise wouldn’t have taken him, or the United States under a President Hillary Clinton, seriously.
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Secret Service Has Some ‘Splainin to Do
Posted by M. C. on July 15, 2024
Zero legitimate explanation for how a man with a rifle got onto a roof only 120 meters away from Trump with a clear line of sight.
Considering the lengths the FIB has gone to inhibit and prevent re-election of a sitting president, it is not a stretch to question the actions of other Department of Justice/DHS organizations.
As I have observed in previous columns, our era in the United States is frequently beset with incidents characterized by a catastrophic loss of competence. Decades of procedural knowledge seem to vanish from one day to the next, leaving sensible people wondering how it could possibly happen.
The attempted assassination of Donald Trump this evening at the the Butler Farm Show Grounds is a perfect example of this bizarre phenomenon. The shooter climbed onto the roof—purportedly with an AR-15 style semi-automatic rifle —120 meters from Trump on the stage. From this vantage point, he had a clear line of sight for a shot that would have been easy for even a middling marksman. The following aerial photograph shows the shooter’s position relative to Trumps.
As anyone who understands the rudiments of security knows, the FIRST thing you do is secure all rooftops within sniper range. Note in the following video that a counter sniper (with the word POLICE embroidered on the back of his vest) on the roof behind Trump is scoping the would-be assassin’s position.
He appears to see the would-be assassin and start to engage (while flinching) right before the would-be assassin’s shots can be heard. Clearly the counter snipers knew that the rooftop presented a high risk position or they wouldn’t have been scoping it.
Why wasn’t this building—AGR International Inc., a manufacturing plant just north of the Butler Farm show ground—secured before Trump began speaking? It seems to me that this building would be the first thing a security detail would secure. The green pin on the roof to the east of Trump’s position marks where the counter snipers are posted. Again, why didn’t they just secure the building onto which the shooter climbed? This makes no sense.
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NATO, like Biden, is a senile danger to world peace
Posted by M. C. on July 15, 2024
It was never about purported defense, but rather as a seemingly plausible arm of Western warmongering against the Soviet Union and the rest of the planet to serve Western capitalist global domination.
Western imperialism has reached another degenerative existential crisis and the same nefarious process of regeneration through world war has resumed. This could all go catastrophic.
How fitting that a doddering, senile American president should officiate at the NATO summit this week. At 81 years old, Joe Biden is older than the transatlantic military alliance founded 75 years ago in 1949.
The 75th-anniversary gathering in Washington DC was meant to extol the NATO bloc as a guarantor of security and peace.
However, all the cloying, ridiculous hype and fanfare amplified by the Western corporate media could not hide the fact that the American-led military organization has emerged as the biggest threat to world peace.
The disconnect with reality was scathingly summed up by our columnist Martin Jay who surveyed the “lies, double-think and duplicity” spouted by Biden and other leaders of the 32-nation bloc.
Declaring NATO to be a champion of democracy, human rights and international law is an abomination. The organization has evolved as an instrument of U.S. hegemonic imperialist violence ever since its inception. It was never about purported defense, but rather as a seemingly plausible arm of Western warmongering against the Soviet Union and the rest of the planet to serve Western capitalist global domination. The Cold War was always a propaganda construct to give the blatant warmongering a pretense of noble purpose.
To be sure, the docile Western news media, academia and think-tanks wrap up the absurd deception into a plausible narrative. That illustrates the power of propaganda. But the chasm with brutal reality has made the narrative untenable and prone to outright denigration.
After more than three decades since the end of the Soviet Union and the supposed end of the Cold War, the U.S.-led NATO bloc has expanded both in member nations and also in flagrant belligerence. The so-called Cold War never ended. That’s because the need and accompanying pretexts for Western imperialist violence and lawless aggression were always present.
And so at the redundant age of 75 years of aggression, the NATO alliance is expressing more unhinged belligerence than ever before towards Russia, China, Iran, North Korea and any other nation that is deemed to stand in the way of U.S.-led global domination.
This week NATO issued a joint statement that reads like a shocking manifesto of war-making laced with Orwellian bombastic language of self-virtue.
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