What free market

If you needed any more evidence that Americans do not enjoy a free market, look no further: “Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” U.S. Attorney Anne Tompkins said. “While these forms of anti-government activities do not involve violence, they are every bit as insidious […]

This is no free market

The Federal Reserve refuses to name names: The Federal Reserve Board of Governors receives daily reports on loans to banks and securities firms, the institution said in response to a Freedom of Information Act lawsuit filed by Bloomberg News. The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging that […]

Neither capitalist nor free market

Ron Paul explains the obvious to the clueless: In the midst of highly unpopular bailouts of Wall Street, many justifications have been given about why Washington feels the need to act. Some claim that capitalism and the free market are to blame, but we have not had capitalism. If you compare our financial capital to […]

Free market snake oil

From the Washington Times: A centrally planned immigrant labor market. Buried inside the guest-worker provisions is an extension of the Davis-Bacon Act, which mandates “prevailing wages” to workers in specific industries contracted by the federal government. The bill would extend “prevailing wage” laws to include immigrant workers in all private sector jobs, even those not […]

Lest you think the markets are free

In related news, archeologists today discovered a stone tablet containing the Lex Concido Rex, which apparently codified the imperial laws banning species extinction proclaimed by one Dens Ingens, a dinosaur emperor from the Gwaag Dynasty: Stock market speculators will not be allowed to profit from the falling share prices of banks and insurance companies, financial […]

The Cult of Free is Over

It was always fake, gay, and propped up by free money handed out to the ticket-takers. And now that the free money flow has been shut off, the propped-up organizations are failing one after another. The American-Canadian digital media and broadcasting company Vice is preparing to file for bankruptcy, New York Times has reported citing […]