Hot off her Ontario electoral win, Kathleen Wynne is taking aim at Ottawa. The federal government´s equalization program distributes money between the provinces to help those with less fiscal capabilities deliver the same services. In an interview with the CBC, Wynne noted the unfortunate fact that:
It’s not often police officers and firefighters light fires in the streets (in front of City Hall no less). That’s exactly what happened in Montreal recently, as public union members protested the Quebec government’s intent to reform their municipal pension plans.
Today’s Mises Daily article covered the impact of government subsidies and infrastructure on the fracking boom. But there is another big player in the oil and gas boom that is routinely ignored by “energy independence” enthusiasts who claim the sky is the limit for fracking: cheap money from the central bank.
Writes Luigi Pirri:
Summary by Luis Rivera III:
Here Walter Block talks about how some private roads were managed before. Block mentions that carriages were charged for being on these roads based on the amount of horses that were pulling the carriage as well as the width of the wheels on these carriages. This was done in order to cover the expenses accumulated by the wear and tear caused by the different combinations of horse and carriages.
In this audio interview, Ron Paul touches on recent developments affecting the value of the dollar, the potential for currency collapse, gold, war, Russia, and more. The Ron Paul portion begins at 2:30 and ends at 17:30.
(Note: My posting of this video is not an endorsement of any of the advertised products that appear on screen in the course of the interview.)
Poor billionaire Daniel Snyder, owner of the hapless Washington Redskins, can’t catch a break. His latest indignity comes courtesy of the US Patent and Trademark office, which administratively cancelled six of his team’s trademarks. Apparently the 1946 Lanham Act forbids the registration of trademarks that disparage a particular group.
Over at Mises Canada today I discuss whether income inequality really is increasing, or whether it is a figment of some statisticians imaginations. It’s real alright, but the cause is more obvious than anyone wants to let on.
