The Conversation Mon 06. 26. 2017.

Remember That California Single Payer Plan? Yeah… Never Mind.
Jazz Shaw, Hot Air

The Missing Ingredient In The Senate’s Obamacare Replacement
Sen. Mike Lee, Medium

The Banana Republic Of Illinois
Stephen Moore, Investor’s Business Daily

How Obama’s Liberalism Paved The Way For Donald Trump
Michael Goodwin, New York Post

Amazon: Anti-Trust Target? [Watch]
The Wall Street Journal

Bernie Sanders And His Wife Are Being Investigated By The FBI — Now They’re Lawyering Up
Chris Enloe, The Blaze

Liberal Media Livid Over Mattis’ Approach To ISIS: We’re Going to Kill Them All
Young Conservatives

Civil Asset Forfeiture: Where Due Process Goes To Die
Kevin D. Williamson, National Review

Mystified’: Morning Joe’s Bizarre Music Video Leaves Viewers Speechless [Watch]
Jason Miko, Media Equalizer

Democrats, FBI Collaborated On Trump Smear
John Hinderaker, Powerline

Trump Derangement Syndrome Has Become The New Plague
Roger L. Simon, PJ Media

Record Label Drops Band Over Its ‘Ugly Opinions’ On Safe Spaces, Feminism And Immigration
Jillian Kay Melchior, Heat Street

Arsonist Behind Des Moines Mosque Fire Turns Out To Be... Muslim
Mark Tapson, Truth Revolt

The Koch Brothers Are Coming After Bad Federal Workers [Watch]
Pete Kasperowicz, Washington Examiner

Why The Unlikely Duo Of Adam Carolla And Dennis Prager Are Making A Movie
R. J. Moeller, Acculturated

Maxine Waters Bars Trump Supporters From Town Hall Meeting [Watch]
Kyle Olson, American Mirror

How The Government Conditions Citizens To Obey
Joe Jarvis, The Daily Bell

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: 4.3%
    FreeMarket Central Shadow Stats: 22.0%
  • Inflation:
    FreeMarket Central May Year-to-Year: 1.87% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.6%

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

Wisdom


FreeMarket Central

The 'Utopia' of the Left

The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement. They call themselves liberals, but they are intent upon abolishing liberty. They call themselves democrats, but they yearn for dictatorship. They call themselves revolutionaries, but they want to make the government omnipotent. They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau. What an alluring utopia!

-- Ludwig von Mises,

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FreeMarket Central

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In Search Of History

Cambodia's Deadly Experiment

In the 1950s, students started gathering in Paris. They were reading Karl Marx. They were forming book clubs. They were trying to come up with a better version of society. One that moved away from the division of labor. One that moved away from the capitalism in the big cities that they so despised. ... One of those students would change his name to Pol Pot. He and his colleagues formed a new political party, a takeover in Cambodia. They called themsevles the Khmer Rouge. ... Under Pol Pot and the Khmer Rouge, one out of four people in that country died in less than four years. 

-- Matt Kibbe,