Analytics

Sunday, July 20, 2014

Miscellany: 7/20/14

Quote of the Day
Don't ever take a fence down until you know why it was put up.
Robert Frost

Image of the Day



via Libertarian Republic
Via Being Classically Liberal
Via LFC
The Ex-Im Bank, Stossel, and Don Boudreaux of Cafe Hayek



Cops and Workarounds to Warrants



Electricity Generation and Choice



Facebook Corner

(The Libertarian Republic).If you're a statist and you know it...
 issue an edict declaring everyone else must be a statist


Gold is about as fragile as the dollar since its functional properties dont come anywhere near its trade value, but it is more stable than the dollar since its value is based on global economic standing
Very odd discussion. It is precisely because functional use of gold doesn't rival its use as a medium of exchange and its limited supply that it has traditionally served as money. Fiat currency is only as limited as its printing press.
real currency!
Real "money," has intrinsic value. Currency does not.
This is an arcane discussion which involves legal tender laws. For example, a business doesn't have to accept foreign gold coins to settle transactions. Fiat currency enjoys monopoly protection under legal tender laws but intrinsically has no value since paper is theoretically infinite. Real money, like gold or silver, is intrinsically scarce and fungible, e.g., I should readily accept a one-ounce foreign gold coin for a domestic one.

(Being Classically Liberal). (F) "Libertarians are basically Liberals who understand economics."
Someone dropped this on me yesterday and I wasn't sure how I felt about the statement.
Do you think it's fair/accurate? Spot on? It definitely has some truth to it, but still undecided. What do you think?
Libertarians subscribe to a small number of mutually recognized natural or unalienable rights, while social liberals/egalitarians want to constrain those rights to enforce obligations of actions or resources to others, in accommodating some expanded notion of full equality. The key consideration is not so much knowledge of economics but in the dubious reliance on an expanded role for the State, which impairs proper functioning of the free markets.

(Reason).  France’s restaurants and French cooking are under attack. The enemy comes from within—and wears a white hat.
"If it ain't broke, don't fix it." What is it with pushing-on-a-string elitist rulemaking? Remember how over 80% were happy with their healthcare and a majority with its costs before ObamaCare? If customers are dissatisfied with a restaurant's food, the restaurant will fail. If there is a demand for "homemade", the free market will meet it, without condescending politicians or bureaucrats to mandate it.

(IPI). The state of Illinois received a near-failing grade for the quality of its natural-hair-braiding licensing rules, according to a new study released by the Institute for Justice.
The study overviews natural-hair-braiding (a popular beauty practice among African and African-American communities in the U.S.) regulations in every state in the country, ranking each one based on how burdensome the requirements for obtaining a license are.
Illinois in particular received a D because it requires 300 hours of training to get a license – and no school in the entire state of Illinois teaches a natural-hair-braiding curriculum that would allow a natural hair braider to comply with the law.
Occupational licensing is a fundamental assault on economic liberty that arbitrarily excludes otherwise skilled workers from transacting voluntarily with satisfied consumers. Until Illinois embraces serious reforms, breaking the stranglehold of corrupt interests like the occupation cartels and public sector unions, the state's financial position will continue to deteriorate and its economy will at best stagnate. 

(Drudge Report). USA-Russia at 'Cold War Levels'...
Anyone comparing the Cold War with the very real threat of a nuclear arms war with the Ukraine kerfuffle has lost touch with reality. We need cooler heads to prevail, not reckless, provocative rhetoric. Talk of economic sanctions and other expressions of political madness is counterproductive. This plays right into Putin's hands; he's enjoying record high ratings despite a miserable economy.
You are delusional. It's exactly that kind of thinking that got us here in the first place. Same crap Obama preaches
No, you have the same crackpot neo-con perspective that has led us into stupid wars in Iraq and Afghanistan that cost us over 8000 men and thousands more casualities and over $1T in tax money we don't have. And you must be mentally retarded to equate my position with Obama's right after I explicitly criticized economic sanctions: http://www.cbsnews.com/.../u-s-escalating-economic.../

(IPI). In Los Angeles, food trucks are heralded as "the new incubators of culinary innovation."
Vendors line the streets in neighborhoods all over town, offering customers everything from Korean tacos to lobster rolls to wood-oven pizza.
But in other cities, such as Pittsburgh and Chicago, food trucks are marginalized. No street food culture exists, because the people who live there simply aren't exposed to the possibility of a nontraditional dining experience.
Mark Perry of Carpe Diem cites a Bastiat quote I love: "Treat all economic questions from the viewpoint of the consumer, for the interests of the consumer are the interests of the human race." Are food trucks in the best interests of consumers? Absolutely; unlike brick-and-mortar, they often provide culinary choice to the consumer. It doesn't make a lot of sense to replicate what's already available in a certain neighborhood, say burgers and fries, unless they are gourmet/upscale alternatives. Food trucks often specialize, say, in BBQ, lobster rolls, etc., often homemade/small batch fare. Keep in mind brick-and-mortar restaurants have certain advantages, say, in the event of bad weather, plus they can also take reservations, host events, offer catering and delivery services, etc.
prefer the hotdogs.....Health Dept. is the biggest reason so much of the past is gone forever.....I know they are trying to protect us from ourselves....but really? Common sense would be better....if it isn't sanitary...proceed at your own risk....
No, this is fearmongering. First, food vendors are subject to health inspections including trucks. Of course, any restaurant or other vendor may be incompetently managed, but there are legal ramifications for selling bad food, and any competitive food vendor risks losing his customer base if he does so just from a bad reputation, which can be difficult to overcome.
Restaurants are subject to so many tax and health regulations whereas trucks are not. Trucks should not be allowed to park within a certain distance of a restaurant.
Absolutely not true. ""Many of the health inspectors in our office buy lunch from food trucks," says Christie Sweitz, interim supervisor for inspection in Portland, Ore. "Trucks are required to follow strict guidelines and they are inspected as often as restaurants.""We are legitimate businesses registered with federal and state governments, with business licenses in many different local municipalities. Not only do we pay taxes, we keep track of every city we sell in and pay the appropriate sales tax. Some food trucks pay taxes to over 10 different municipalities monthly. We also pay federal and state employment taxes as well as the St. Louis City 1% special Tax. We pay personal property taxes on the truck along with many other taxes."
Who wants more fast crap food any damn way. More ways to feed obesity, and more ways to kill off people slowly. Yeah, lets think about that.
I, for one think that food trucks in Chicago are a bad idea for several reasons mostly pertaining to cleanliness and health. In Chicago we have a pretty high standard today. I don't think that level can be maintained with trucks...it also opens a door for corruption by inspectors that was a problem many years ago.
This is America; we don't need food fascists. If you don't want food choices, don't buy from them--but you have no business depriving other people of their consumer right to choose. For the other ignorant troll, food trucks are subject to health inspections and are just as safe, if not more so, than restaurants. " This report tests that common, but unsubstantiated claim by reviewing more than 260,000 food-safety inspection reports from seven large American cities...In every city examined—Boston, Las Vegas, Los Angeles, Louisville, Miami, Seattle and Washington, D.C.—food trucks and carts did as well as or better than restaurants." http://www.ij.org/street-eats-safe-eats-executive-summary

More Proposals









Musical Interlude: My Favorite Vocalists

Anne Murray (with Dave Loggins), "Nobody Loves Me Like You Do". One of my favorite all-time duets....