August 29, 2011|Posted By Adam Sharp
Wow. And another example of the “free market” boys in action.
From the WSJ:
The two main U.S. makers—ACCO and Officemate International Corp. of Edison, N.J.—have survived in that business mainly because, since 1994, import tariffs ranging up to 127% of the base price have protected U.S. clip makers from what the federal government deemed unfair Chinese competition. In June, the U.S. government renewed those tariffs for another five years. ACCO and Officemate also have kept costs low through automation.
It’s not just the tariff itself, either. It’s the world’s ridiculous currency system too.
August 26, 2011|Posted By Adam Sharp
Dr. Paul explains why regulation, as traditionally viewed, would not be necessary in a real free market. Bailouts, monetary policy hamper natural market function. Lots more:
Hat tip LewRockwell.com
August 24, 2011|Posted By Adam Sharp
Faber dishes on why he’s bullish on the S&P 500 in the (very) short term, and why gold is still his “favorite investment long-term”.
August 22, 2011|Posted By Adam Sharp
Is it? Is a 35% annual increase in food prices crazy? 5 foreign engagements? TBTF 5.0? This? Must I go on?
Don’t have a “conspiracy” category, so I’ll put this under housing.
Via Maco Slavo via Lew Rockwell.
