http://www.FreeMarketNews.com FreeMarketNews.com - FMNN itself is an independent media solution, an Internet-grown, free-market alternative to mainstream media complexes. en-us Fri, 16 May 2008 11:29:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57339 The Ron Paul revolution has revived, still combative in primaries. Fri, 16 May 2008 10:52:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57338 In a speech before Israeli Knesset, President Bush hearkened back to the axis of evil speech. Fri, 16 May 2008 10:48:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57337 New Russian President Medvedev vows increase in nuclear forces to counter global threats. Fri, 16 May 2008 10:45:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57336 A US missile killed villagers including children in Pakistan near the Afghan border with resultant anger on the part of villagers. Fri, 16 May 2008 10:43:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57334 The House has blocked war funding while passing a measure demanding troop withdrawal, banning torture and expanding education benefits for returning veterans. Fri, 16 May 2008 10:36:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57335 Pakistan is not stopping cross-border attacks into Afghanistan. Fri, 16 May 2008 10:36:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57333 Speaking before the Israeli Parliament President Bush called those who would negotiate with terrorists and radicals appeasers, remarks widely thought to be aimed at Candidate Obama. Fri, 16 May 2008 10:33:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57332 It is the US Administration that is threatening war against Iran. Fri, 16 May 2008 10:30:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57331 Reprinted here is an article written by Ludwig Von Mises on the economic reasons for war, still appropriate today. Fri, 16 May 2008 10:26:00 EST http://www.Freemarketnews.com/WorldNews.asp?nid=57330 Worried about gas prices hitting $4 a gallon and beyond? Imagine if they were $6, $7 or even $8 a gallon. Fri, 16 May 2008 09:01:00 EST http://www.Freemarketnews.com/Analysis/246/9592/?wid=246&nid=9592 In an age where governments of every political stripe distort economic data to promote their own self-interests, it's hardly surprising that they present inflation statistics that are wildly at odds with the reality faced by consumers and businesses, and regarded with utter disbelief. In the latest US government report on inflation for instance, there was a glaring "seasonal adjustment," for energy prices that cast great doubt as to the accuracy of the findings. US Labor Dept apparatchniks said consumer prices rose a smaller than expected 0.2% in April, tamed by energy prices, which were unchanged last month. Utilizing an obscure "seasonal adjustment," Labor figured that gasoline prices actually fell 2% in April, which doesn't reflect the reality of what consumers were paying at the pump. Furthermore, the IMF's global food price index rose 43% over the last 12-months, but the US consumer price index for food is only 5.1% higher. Fri, 16 May 2008 09:24:00 EST http://www.Freemarketnews.com/Analysis/102/9591/?wid=102&nid=9591 From Bloomberg.com we learn the ugly news about inflation in England, as "Prices charged by factories rose 7.5 percent from a year earlier, the most since records began two decades ago, the Office for National Statistics said." Yow! The most in twenty years! And as bad as 7.5% inflation is, when exhibited over the course of a year, it gets a lot worse when they go on, "On the month, prices increased 1.4 percent, also the fastest pace on record." 1.4% in one freaking month! My hands shook and I tasted blood in my mouth at the horror of even contemplating simply multiplying a monthly inflation of 1.4% times 12 months to annualize that kind of inflation, completely ignoring the compounding effect, as I am sure that the answer would be very, very, very upsetting to a guy who fears inflation the way that I do, and the way you should, and would, too, if you could but realize that the horror of Zimbabwe's situation today is our future tomorrow, and for the same reasons. Fri, 16 May 2008 09:22:00 EST http://www.Freemarketnews.com/Analysis/28/9590/?wid=28&nid=9590 "One market bubble may be an accident;" begins an article in the Financial Times, "two in the space of a decade begins to look like carelessness." In our view, the bubbles in housing and debt were the result of neither accident nor carelessness. They were the result of Fed policy. The Fed thinks it has two mandates: to preserve the value of the U.S. dollar...and to maintain full employment. The two are as incompatible as a sanctimonious governor and the Emperor's Club. At some point, you have to choose. What're you going to be - a governor or an emperor? Fri, 16 May 2008 09:19:00 EST http://www.Freemarketnews.com/Analysis/97/9589/?wid=97&nid=9589 Until Wednesday, Gov. Mark Sanford would not even have qualified for a job washing hair. With the stroke of his pen, though, the governor, who served three terms in Congress and oversees a state of 4 million heads, did away with a requirement that a person must complete 1,500 hours of instruction to shampoo hair in a salon. "This is the kind of thing that deserves to be on Comedy Central," Sanford said. "Why in the world do we have laws like this one on the books?" Fri, 16 May 2008 09:17:00 EST http://www.Freemarketnews.com/Analysis/246/9588/?wid=246&nid=9588 Thank you. I'm probably one of the few world experts on silver, including Ted Butler of butlerresearch.com, David Morgan of silver-investor.com, and Jeffrey Christian of CPM Group. Of all those men, I have a much larger market reach than they do, as my newsletter goes out to about 80,000 email readers now, and my readers keep me informed of many things. But the other experts are certain to know more than me in some areas. Jeff Christian is biased in favor of futures contracts, and I'm biased against. So, the CFTC says that there is no evidence that the silver futures market has moved silver prices to the downside? If you are willfully blind, or complicit in the manipulation, you won't see anything, or you will say that. Thu, 15 May 2008 12:10:00 EST http://www.Freemarketnews.com/Analysis/154/9587/?wid=154&nid=9587 Before the West Virginia primary vote on Tuesday, it was a foregone conclusion that Hillary Clinton would sweep the state, perhaps by over 70 percent. In the event, she came close to that, with 68 percent of the vote. Now that the vote has happened, Clinton and a corporate media anxious to spin out the ratings-boosting contest as long as possible, are arguing that Obama is in trouble. It is true that twenty percent of those voting for Clinton in this almost lily-white, low-income, low-education state said they voted for her on the basis of race, which is to say they wouldn't vote for a black man. Theirs was a vote Clinton has actively pursued. Forty percent of her backers said they would not vote for Obama in the general election if he were the Democratic candidate. Thu, 15 May 2008 12:02:00 EST http://www.Freemarketnews.com/Analysis/160/9586/?wid=160&nid=9586 While President Bush is meeting with his Saudi masters to discuss oil prices, you can be sure that one of the things he will tell them is that he met their demand to insure that the potentially vast oil and natural gas reserves off the coast of Alaska, the realm of the polar bear, have now successfully been put off limits to any exploration, extraction, and delivery to the citizens of the United States. The announcement Wednesday, May 14, by Interior Secretary Dirk Kempthorne that the department has decided to list the polar bear as "threatened" was yet another way of insuring that America must remain dependent on Saudi oil, along with the oil we purchase from other nations who are sucking U.S. dollars out of U.S. pockets at rates never seen before in history. Thu, 15 May 2008 12:01:00 EST http://www.Freemarketnews.com/Analysis/47/9585/?wid=47&nid=9585 It is to understand that you might be of somewhat apprehension because you do not know of me but I ensure I have a lucrative business proposal of mutually interest to share with you. My name is Hillaracko Bamajohn McClainton. I am the most leading of Candidates for to becoming the Presidency of the United States of the Americas. My Spouse was former President of the U.S. of the America and I am also the Neocon Hero of War and the Great Charisma Leader of The Change. I have a mutually favorable intention for you. I will needing you to assist me in executing a business venture between the Washington of the D.C. and your state of residing. Thu, 15 May 2008 11:57:00 EST http://www.Freemarketnews.com/Analysis/117/9579/?wid=117&nid=9579 Among the innumerable missteps professionals can take, getting emotionally over involved with their clients is one of the major ones. Yet there is no consensus about this. In fact in some professions, such as medicine, it is often argued that professionals need greater emotional involvement with their patients who, in turn, often praise doctors and nurses who have "good bedside manners," something that suggests serious empathy and fellow feeling for patients. Wed, 14 May 2008 10:44:00 EST http://www.Freemarketnews.com/Analysis/246/9584/?wid=246&nid=9584 In the early days of the American republic, fortune seekers were urged to "Go west young man!" Unfortunately, with the American economy now clearly showing its fragility, the rallying cry for today could be, "Go abroad!" In the past quarter century, the center of wealth creation has steadily moved away from the United States and towards new foreign competitors, especially the so-called "BRIC" countries of Brazil, Russia, India and China, where economic growth rates have greatly eclipsed the U.S. In recent years, this economic might has translated into much higher returns on their respective stock markets. These movements are creating a wave of real wealth that wise American investors cannot afford to miss. Wed, 14 May 2008 10:42:00 EST