John Stossel – Corporate Freeloaders

On August 16, 2012, in Home, by admin

Politicians have plenty of incentives to create corporate freeloaders. http://www.LibertyPen.com

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From his TV special “Stupid In America” John Stossel reports on the success of charter schools and the effects of the teachers’ unions. http://www.LibertyPen.com

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John Stossel – Amtrak Off The Rails

On July 5, 2012, in Home, by admin

Amtrack is another grossly wasteful big government creation. http://www.LibertyPen.com

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Checkpoints As A Revenue Source

On June 15, 2012, in Home, by admin

California, a leader in innovative ways to fleece its citizens, finds the deployment of revenue collectors with badges to be a lucrative practice.

More news on liberty issues at http://www.LibertyPen.com

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TAKE ACTION NOW! GO TO THE FOLLOWING URL TO SIGN THE PETITION AND ENTER YOUR COMMENTS INTO THE CONGRESSIONAL RECORD!
http://www.schiffradio.com/g/Sign-the-Petition!/259.html

Does Washington have the American taxpayers’ interests as their top priority? Watch as lobbyists drown out your voice and Peter fights the tide.

Go to http://www.TinyURL.com/RealCrash to order my new book, “The Real Crash: America’s Coming Bankruptcy—How to Save Yourself and Your Country”

You can view a 30+ version of the testimony with my introductory commentary here: http://www.youtube.com/watch?v=UvMGHzB37lo&feature=g-upl

THE HEARING:

Oversight of Federal Housing Administration’s Multifamily Insurance Programs

THE PANEL:

Ms. Marie Head, Deputy Assistant Secretary, Office of Multifamily Housing Programs, Office of Housing, Federal Housing Administration

Mr. Michael Bodaken, President, National Housing Trust

Ms. Sheila Crowley, President and Chief Executive Officer, National Low Income Housing Coalition

Ms. Mary Kenney, Executive Director, Illinois Housing Development Authority, on behalf of the National Council of State Housing Agencies

Mr. Rodrigo López, President and Chief Executive Officer, AmeriSphere, on behalf of the Mortgage Bankers Association

Mr. Richard L. Mostyn, Vice Chairman and Chief Operating Officer, The Bozzuto Group, on behalf of the National Multi Housing Council

Mr. Robert F. Nielsen, Immediate Past Chairman, National Association of Home Builders

Mr. Joseph L. Pagliari, Jr., Clinical Professor of Real Estate, The University of Chicago Booth School of Business

Mr. Peter Schiff, Chief Executive Officer and Chief Global Strategist, Euro Pacific Capital

SPREAD THE WORD! Let more people take an inside look at the inner workings of Washington D.C.

FULL testimony here: http://www.youtube.com/watch?v=hEx1b4uaZ8k

Watch Peter’s last testimony here:
Part 1 – http://www.youtube.com/watch?v=FLmD9TeUC54
Part 2 – http://www.youtube.com/watch?v=xZbQGpf3D_Q

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Q – Why is government riddled with so much debt? A – It takes courage (a commodity rarely found in politics) to reduce public spending. Gov. Luis Fortuno displays what political courage has done for Puerto Rico.

Investigate more liberty issues at http://www.LibertyPen.com

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The Schiff Report (6/1/2012)
Order my new book The Real Crash at www.tinyurl.com/RealCrash

Follow me on Twitter @SchiffRadio
Friend me on Facebook.com/PeterSchiff

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The Schiff Report (5/25/2012)
Order my new book The Real Crash at www.tinyurl.com/RealCrash

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The Peter Schiff Show – May 6th 2012
Pre-Order my new book The Real Crash at www.tinyurl.com/RealCrash

Follow me on Twitter @SchiffRadio
Friend me on Facebook.com/PeterSchiff

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The Schiff Report (5/4/2012)
Pre-Order my new book The Real Crash at www.tinyurl.com/RealCrash

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The Schiff Report (4/22/2012)
Pre-Order my new book The Real Crash at www.tinyurl.com/RealCrash

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Check out Matt Zwolinski’s blog: http://bleedingheartlibertarians.com/

If the power goes out during a hurricane, who should be able to get an emergency generator? If sellers knew the motives of each buyer, they could sell a generator to the customer who needs it to keep life-saving medication from spoiling instead of the customer who wants to watch TV. But sellers aren’t mind readers. One way generators can be allocated efficiently is by allowing the sellers to increase prices in an emergency situation. If the generators that are available cost more than they normally would, the people who would be willing to pay a premium to get one may do so because their need is greater. Many people would say increasing prices on certain goods during such an emergency is “price gouging.” Philosophy professor Matt Zwolinski argues that far from being immoral, price gouging may be the best way to allocate scarce resources in an emergency.

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*PRE-ORDER my new book “The Real Crash” here: http://tinyurl.com/RealCrash

The Schiff Report

March 18th 2012

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Does Trade Promote Peace?

On March 13, 2012, in Home, by admin

Economics evidence has long demonstrated that free trade benefits all nations by increasing their standards of living and wealth. Professor Pavel Yakovlev argues that empirical evidence shows that free trade promotes peace. He provides the following reasons for this outcome:

- Trade makes countries more commercially interdependent and provides strong incentives to avoid war. This is known as the capitalist peace theory.
- Countries that trade a lot with each other have a lot to lose if war breaks out.
- Free trade and bargaining is the most cost effective way of resolving disputes and obtaining resources, while war is a costly way of doing the same things.
- Free trade brings more goods and ideas into a country and also promotes tolerance and understanding.

Professor Yakovlev also discusses a few examples of evidence that supports this argument. Trade not only increases prosperity in countries, but it also has been shown to promote world peace.

Watch more videos: http://lrnlbty.co/yaOq1e

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According to Prof. Mark Pennington, externalities occur when private actors impose costs on other actors without paying appropriate compensation. Economists often use externality problems, such as pollution, to make arguments in favor of government action. However, these advocates of government action often overlook that fact that government action is itself a negative externality.

Politicians’ decisions guide government action. Politicians win elections by promising benefits to small interest groups at the expense of the masses. Most public policies in the world, therefore, do not improve upon market outcomes. Rather, these policies increase the overall costs of externalities on society by spreading costs over larger numbers of people. Put another way, the political process, and the government actions that follow, systemically externalize costs.

Markets, just like governments, are highly imperfect institutions. However, markets do provide incentives to internalize costs. Entrepreneurs and capitalists find creative ways to charge for the value that they create. For instance, broadcast television became profitable when entrepreneurs bundled television with paid advertisements. The profit motive of the market may not solve all externality problems, but it may do a better job than vote-seeking politicians.

Watch more videos: http://lrnlbty.co/zyCacu

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Economics on One Foot

On September 27, 2011, in Home, by admin

How quickly could you sum up the principles of economics? While standing on one foot, Prof. Art Carden discusses the following economic principles in just over two minutes:

● Individuals strive to achieve their goals in the best ways possible.
● Every action has a cost.
● Incentives matter.
● Value is determined on the margin.
● Profits and losses help gauge value creation and destruction.
● Government interventions often have unintended and undesirable consequences.

This video is partially inspired by Ayn Rand’s philosophy on one foot: http://www.aynrand.org/site/PageServer?pagename=objectivism_intro

Watch more videos: http://lrnlbty.co/y5tTcY

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Stop SOPA