The Conversation Sat 09. 22. 2018.

No Hearing; Just Vote On Kavanaugh Nomination
Andrew C. McCarthy, National Review

Rosenstein Discussed Wearing A Wire In Meetings With Trump
Chuck Ross, Daily Caller

Democrats Have Abandoned The Presumption Of Innocence
Rich Lowry, New York Post

Leaked Memo Reveals Details Of Google's "Censored Search Engine" For Communist China
Tyler Durden, ZeroHedge

The Alinsky-ization Of Brett Kavanaugh
Rich Logis, Americans Thinker

The Reckless Coverage Of Kavanaugh Allegations Is Why Americans Don’t Trust The Media
Jarrett Stepman, Daily Signal

Alexandria Ocasio-Cortez's $3,500 Suit Fits A Longstanding Socialist Tradition
Peter C. Earle, Foundation for Economic Education

The California Legislature Is Finally Out Of Session. Here's How Much Damage It Did This Year.
Steven Greenhut, Reason

Ted Cruz Opponent Beto O’Rourke Says Police Are ‘The New Jim Crow’ [Watch]
The Federalist

Michigan Mom Charged With Larceny For Taking Away Daughter’s Phone As Punishment
Teri Webster, TheBlaze

No, Tax Cuts Are Not Driving Deficits — It's The Spending, Stupid
Investor’s Business Daily

30 Years After Bruges, Margaret Thatcher Is Still Right About Europe
Kai Weiss, CapX

FMC Barometers

FreeMarket Central

Numbers as of last Friday close.

[Total = Federal, state & local
Source: usgovernmentspending.com]

FreeMarket Central What is Gross Output?


Why are these numbers important?

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.05%
    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
    FreeMarket Central August Year-to-Year: 2.87% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

Wisdom


The Cost of Government 'Safety'

"Every time something really bad happens, people cry out for safety, and the government responds by taking rights away from good people."

-- Penn Jillette,

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In Search Of History

4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...

 

Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

-- Henry Hazlitt,