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 | George F. Smith - Barbarous Relic |
| When will free markets emerge |
| If someone asked you to define “free market,” could you?Could you do it on the spot without recourse to dictionaries or other crutches?
There’s an old tale about the origin of the term “laissez-faire” that gets to my point. Here’s the write-up in Wikipedia:
The term laissez faire likely originated in a meeting that took place around 1681 between powerful French Comptroller-General of Finances Jean-Baptiste Colbert and a group of French businessmen headed by M. Le Gendre. When the eager merFriday, November 10, 2017 |
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| 24hGold - Publicnow |
| GOLD Matamec Highlights the Gold Potential of the Hoyle-Matheson Royalties Property |
| Montreal, April 18th, 2016 - Matamec Explorations Inc. ('Matamec' or the 'Company') announces the results of a review of the gold potential of the Hoyle-Matheson Royalties Property ('HMR'). As described in its press release dated March 2, 2016, Matamec sold its interest in the Colbert/Anglo Property and surface rights on 8 claims and received as consideration an amount of CAD$500,000 and a 1% Net Smelter Return ('NSR') Royalty on four properties collectively referred to as the Hoyle-Matheson RoyTuesday, April 19, 2016 |
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 | Jesse - Le Cafe Américain |
| For The Times They Are A-Changin' |
| 'Change is the law of life. And those who look only to the past or present are certain to miss the future...
A great change is at hand, and our task, our obligation, is to make that revolution, that change, peaceful and constructive for all. Those who do nothing are inviting shame as well as violence...
The problems of the world cannot possibly be solved by skeptics or cynics whose horizons are limited by the obvious realities. We need men who can dream of things that never were and ask, why nWednesday, February 10, 2016 |
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| 24hGold - Noodls |
| GOLD Matamec Signs an Agreement with Glencore and Goldcorp on Hoyle and Matheson Townships Properties |
| Matamec to receive $500,000 and NSR on 4 properties
Montreal, December 21, 2015- Matamec Explorations Inc. ('Matamec'or the 'Company') announced today the execution of a Property Rights Exchange Arrangements Agreement (the 'PREAA') between the Company, International Explorers and Prospectors Inc. ('IEP'), Glencore Canada Corp. ('Glencore') and Goldcorp Canada Ltd. ('Goldcorp') with respect to the sale by the Company and IEP of certain properties located in Hoyle and Matheson Townships in TimmiTuesday, December 22, 2015 |
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| 24hGold - MarketWired |
| GOLD Matamec Signs an Agreement with Glencore and Goldcorp on Hoyle and Matheson Townships Properties |
| MONTREAL, QUEBEC--(Marketwired - Dec 21, 2015) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(MHREF) announced today the execution of a Property Rights Exchange Arrangements Agreement (the "PREAA") between the Company, International Explorers and Prospectors Inc. ("IEP"), Glencore Canada Corp. ("Glencore") and Goldcorp Canada Ltd. ("Goldcorp") with respect to the sale by the Company and IEP of certain properties located in Hoyle and Matheson Townships in Timmins. TheMonday, December 21, 2015 |
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| George F. Smith - Barbarous Relic |
| Pocketing the next president |
| Free marketers reviewing the major candidates for U.S. president in 2016 would feel justly nauseated at the prospects. Unsurprisingly, every one of them promises to use the heavy hand of state power to solve our problems and make us prosperous — provided, of course, we’re members of favored voting blocs or generous supporters.
But is it possible our choices are not limited to this craven constellation?
Is it possible a new star could appear to brighten our spirits?
I say, “Yes, indeedSaturday, September 5, 2015 |
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 | Tim Iacono - Iacono Research |
| Grubergate |
| It’s kind of surprising that this YouTube compilation of MIT economist and Obamacare/ Romneycare Architect Jonathan Gruber material has less than 50,000 views.
Also see Stephen Colbert’s take on the subject here from last week.
/* Wednesday, November 19, 2014 |
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 | Alasdair Macleod - Finance and Eco. |
| Markets and reality disconnected |
| The behaviour of financial markets these days is frankly divorced from reality, with value-investing banished.
Markets have become distorted by Rumsfeld-knowns such as interest rate policy and "market guidance", and Rumsfeld-unknowns such as undeclared market intervention by the authorities. On top of these distortions there is remote investing by computers programmed with algorithms and high-frequency traders, unable to make human value-assessments.Take just one instance of possible "market guiFriday, October 24, 2014 |
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| Tim Iacono - Iacono Research |
 Oliver on Student Loans/For Profit Colleges |
| After watching this segment on John Oliver’s Last Week Tonight, student loans are sounding more and more like 2005-era mortgage lending and we all know how that ended.
I started watching Last Week Tonight early on and didn’t know quite what to think of it at first, sometime not watching it for days later (it’s somewhat timely), but I’m quickly warming up to it and now get to it much sooner in the week.
Some have called it, basically, a Daily Show/Colbert Report that’s done only once a week, butTuesday, September 9, 2014 |
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| Tim Iacono - Iacono Research |
| Friday Morning Links |
| MUST READS
The jobs report and the market reaction – CNBC
How to watch today’s jobs reports like a pro – FP
U.S. household wealth hits record in 1Q – USA Today
Obama Says Putin Running Out of Time Over Ukraine – Bloomberg
More jets and warships: US increasing military presence in Black Sea – RT News
ECB moves for negative interest rate to combat slow growth & low inflation – ET
Detroit Cuts Off Water To Thousands Unable To Pay Their Bills – Mint Press
SEC chair unveils new rules to tackle growinFriday, June 6, 2014 |
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| Tim Iacono - Iacono Research |
| Piketty on Colbert |
| I’m still working my way back from the combination of a Hawaii vacation and what appears to be a common cold and, as a result of the latter, have been watching a lot of TV in recent days that included the following appearance by Capital in the Twenty First Century author Thomas Piketty on the Colbert Report the other day that was quite entertaining.
Also, skip to about the 15 minute mark in this RT News video to hear University of Oregon Economics Professor Mark Thoma discuss the controversy suWednesday, June 4, 2014 |
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| Jesse - Le Cafe Américain |
| Elizabeth Warren On the Colbert Report |
| For non-US readers, and those unfamiliar with him, Stephen Colbert's persona on this show is a parody of a corporatist talk show host.
In times of general deceit, the truths are told in cabarets and comedy.Wednesday, May 21, 2014 |
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| Tim Iacono - Iacono Research |
| Graduation Day Gallows Humor |
| Well, maybe the term gallows humor is overstating things just a bit since the job prospects for college graduates these days are much better than they were just a few years ago. Nonetheless, there are still an awful lot of kids with no better place to hang up their sheepskin than on one of the basement walls in their parents’ house.
From the Drew Sheneman archives at NJ.com.
On a related note, this story at USA Today recounts some of the most entertaining commencement speeches of recent years iMonday, May 12, 2014 |
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| George F. Smith - Barbarous Relic |
Imagine if we had free prices!  |
| If you were asked how we should go about achieving real economic growth throughout the economy rather than just certain sectors of it, what would you suggest?Would you revisit the Keynesian toolbox and call for a really, really big stimulus instead of just another really big one?Would you impose more controls on business, especially the financial sector?Some people want to revive Glass-Steagall, the gem from the Depression era that was abandoned in 1999 — sound good to you?.How about officiallyWednesday, April 23, 2014 |
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| Tim Iacono - Iacono Research |
| More Big Trouble for Bitcoin |
| Planet Money’s Adam Davidson visits Stephen Colbert to talk about the recent troubles for the digital currency Bitcoin, this discussion occurring prior to the most recent revelations about large-scale theft at the now shuttered Mt. Gox and a new report about the computer virus “Pony Botnet” that is believed to have absconded with some of the digital money.
The Colbert Report Get More: Colbert Report Full Episodes,Video Archive
There is much talk about how this could be “the fatal blow” forTuesday, February 25, 2014 |
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| Tim Iacono - Iacono Research |
| Tuesday Morning Links |
| MUST READS
Global Markets Plunge – Reuters
U.S. Stock Futures Rise, Signaling Rebound – Bloomberg
Japan leads global sell-off with 4.2 percent dive – AP
Markets now fear US economy chilled by more than weather – CNBC
European banks have $3 trillion of exposure to emerging markets – Reuters
Central banks can only offer sticking plasters, yet their power grows – Telegraph
It Took 3 Men 30 Years to Screw Up the Economy—Can One Woman Fix It? – The Nation
The branding wizards behind the Stephen ColbeTuesday, February 4, 2014 |
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 | Mish - Global Economic Analysis |
| Voters Take Negative View of Labor Unions; Liberals in Favor of Strikes (Until Strikes Happen); Agin |
| In what is decidedly a good thing for California as well as the nation at-large, a recent Field Poll shows California Voters Take Negative View of Labor Unions.
According to the latest Field Poll, California voter views of labor unions have taken a decidedly negative turn over the past two and one-half years. Whereas a March 2011 survey found voters by a four to three margin, believing that labor unions generally do more good than harm, opinions about this have shifted, with more voters now saSunday, December 29, 2013 |
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| Mish - Global Economic Analysis |
| BART Holds San Francisco Hostage; Best Way to Deal With Public Unions |
| The average BART (Bay Area Rapid Transit) worker makes over $76,000 per year, plus huge benefits. Janitors make as much as $82,752. But the unions want more. And they are willing to bankrupt the region to get more.
In my opinion, San Francisco is already bankrupt due to pension obligations that cannot possibly be met (but the city may not realize that yet).
Oakland is without a doubt bankrupt due to public union pension obligations. Oakland city officials likely realize that (but they just do Friday, October 18, 2013 |
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| Jesse - Le Cafe Américain |
| Max Keiser and Greg Palast on Larry Summers and the Financial Crisis |
| "Cynicism masquerades as wisdom, but it is the farthest thing from it. Because cynics don’t learn anything. Because cynicism is a self-imposed blindness, a rejection of the world because we are afraid it will hurt us or disappoint us.”
Stephen Colbert
In our time truth comes from the mouths of comedians, because otherwise no one would take it seriously.
Here is an interesting discussion that Max Keiser had with investigative reporter Greg Palast about Larry Summers and 'The Endgame Memo.'Wednesday, September 18, 2013 |
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| Tim Iacono - Iacono Research |
| McDonald’s Budget Plan for its Workers |
| Another example of something that would be much funnier if it weren’t true comes via Stephen Colbert’s close-up look at McDonald’s ridiculous plan for its many minimum wage workers on how to make ends meet with a job at McDonald’s.
Step one is to get a second job and it goes downhill from there…
/* Thursday, July 25, 2013 |
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