June 11, 2016

Social Security and Medicare going broke even faster than projected

fromSchiffGold: For the first time since 1982, Social Security will have to dip into its $3 trillion trust fund in order to cover benefits this year. The program’s expenses will exceed its revenue three years earlier than projected.
Economic Policy: Statism Versus The Free Market

Berkeley scholar admits "climate change has run its course"

fromZeroHedge: Treating climate change as a planet-scale problem that could be solved only by an international regulatory scheme transformed the issue into a political creed for committed believers.
Politics and Other Official Acts of Corruption

Trade clash: EU to hit US with $3.3 billion in tariffs next month

fromCNNMoney: Americans are about to start paying for Trump's economic misconceptions.
Economic Policy: Statism Versus The Free Market

Jerry Brown wants to tax drinking water

fromTheDailyCaller: The California governor will not be happy until every penny you earn is transferred to the politicians who run the state.
The Government is Not Us      Politics and Other Official Acts of Corruption

Cops swarm and beat a black man unconscious in Arizona for no apparent reason

fromTheDailyMail: Robert Johnson was beaten unconscious by members of the Mesa Police Department because he "wouldn't sit down", though the law prohibiting standing was not provided.
The Government is Not Us      Police State America

Venezuela’s oil meltdown defies belief

fromWolfStreet: The problems for Venezuela continue to mount, and the news that it is considering force majeure points to a more catastrophic decline in production and exports.
Economic Policy: Statism Versus The Free Market