Despite average income growing by 24% and poverty declining significantly during the last period of free trade, the opposition to Free Trade will be loud and determined. Likely lead by those who say they are speaking for the poor.

…also from Michael: The Fed Hikes Rates & What’s Coming Next

The failure of our leaders to think through the effects of increasing debt and unfunded liabilities, the consequences on social stability of open ended refugee immigration, or what the implications that raising certain taxes will have on other revenue existing streams is threatening the entire global financial system.

..also Michael’s Mid-Week Comment: The Fed Hikes Rates & What’s Coming Next

Despite the promises of politicians to create jobs, boost the economy, solve the pension crisis plus a myriad of other ills simply by raising taxes, history, most recently in Europe, loudly declares this approach will fail.

….also from Michael: Symbolism vs Practical Reality, Specific Policies & Measured Results

Consensus and innovation are two buzzwords we hear a lot these days. We hear that 97% of scientists believe there’s global warming, which in effect means no questions allowed. Not allowing debate is the antithesis of innovation, and change. Change being something bureaucrats in Governments who tout innovation resist strenuously.

…related from Michael: The Rube Goldberg Model of Government Spending

The  shear size of complicated government spending is revealed in the 147 innovation programs currently running. What each one does, and how effectively it’s doing the job is known by no mortal

…also from Michael: A Phenomenal Threat to Our Society