Market Commentary Blog

Next Step to Distributed Free Speech Net is Non-Compromised Hardware

Innovative minds have been working for decades to create a decentralized alternative to the Internet. In recent years free software has become available that, once installed, allows individual computers to communicate with a global network of computers independent of commercial Internet Service Providers and broadband and wireless networks. Commonly called a “mesh” network, the software facilitates phone calls and data transmission.

Now the brainy geeks who helped invent the alternative network are anticipating the next logical step: computer hardware that can be verified to be independent of corporate interests and data mining.

WealthCycles has reported extensively on the so-called “mesh” Internet and its evolution in different parts of the world. In a nutshell, installation of the software allows even a cell phone to serve as a node in a secure wireless network.

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‘Tuttle Twins’ Book Offers Children Alternative to Mainstream View of Law

Although he never studied economics, French businessman, politician, philosopher and writer Frédéric Bastiat was among the first to verbalize many of the concepts that underpin Austrian school economics. In an earlier article, Wealth Cycles wrote of Bastiat’s antipathy for taxes and tariffs that interfered with the functions of the free market. Among the many issues of his time, which was the first half of the 19th century, Bastiat wrote presciently of an education system that brought young people up to accept without question that manmade laws equated to justice and right.

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Privatized Chinese Banks Still Party to Destructive Fiat System

China says it is on a fast track to liberalizing its tightly controlled and state-dominated banking system, according to statements by Chinese central bank authorities earlier this year. The push to approve privately owned banks, widely viewed as a logical next step in China’s economic reform efforts, seems to be developing more quickly than expected. But at the end of the day, China’s banks, private or state, will still be part and parcel of a doomed global central banking system hopelessly addicted to ballooning debt and paper money.

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Health - US 2013 Uninsured, 2014 Uninsured Are Apples and Oranges

Since 1987, the U.S. Census Bureau has collected information on how many people living in the United States are covered by health insurance and shared that information in a widely cited annual report. In 2014, the first year the U.S. Affordable Care Act will take effect, the Census Bureau has announced a change in the way it counts the number of people who have insurance. This change means that the numbers from 2014 won’t be directly comparable to figures from earlier years, making it harder to tell whether the ACA is progressing toward its goal of health insurance for all. The Census Bureau claims the timing is merely coincidence, but given the federal government’s unrivaled skill at skewing other sorts of statistics (CPI and employment figures, to name a couple), critics of the ACA naturally are crying foul.

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American Hero Richard Feynman Expectations on Data in a Democracy

American hero, Nobel prize winner and physicist Richard Feynman comments on his expectations on data in a democracy.

Quite appropriate, as it must be mentioned that with Nicholas Metropolis, he assisted in establishing the IBM punched cards system used in cataloging enemies in Nazi Germany (Wikipedia).

Feynman has been called the "Great Explainer".6 He gained a reputation for taking great care when giving explanations to his students and for making it a moral duty to make the topic accessible.

Today Feynman teaches physics the world-over, every day (recorded lectures on the Internet), as he sadly passed away Feb 15, 1988.


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If The Good Times Are Really Over - Blame Milhous

After hearing Rob Schneider - We Are Sliding Very Fast Towards Fascism call it an "ugly slide", it reminded of Merle Haggard in Are The Good Times Really Over

(which is worth listening to for the first line alone, but he really starts crushin' it at 1:50):

"I wish a buck was still silver, and it was back ... was when the country was still strong..."


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