Mike's Daily Comment

A Gov’t Spending Lesson in Futility

Infrastructure spending on a golf course, a racetrack and a clubhouse is not an intelligent economic expenditure. It will make a politician look good, though at the expense of upsetting the children who’ll pay for it. Children who’ve a right to ask how we could have blown such a historic opportunity.

….also: Fort McMurray’s Fires Suck Life Out of GDP – But Is That The Whole Story

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How The Average American Should Behave

After encouraging us to ride bicycles and take public transit to save the planet, this person flew, wait for it….. 20 whole miles by private jet for a dinner party!

…also, here is a rarely talked about metal that is trading at $30 down $100 lower from its high in 2007: Fundamentals for Uranium Look Great; Is the Uranium Market Ready to Soar?

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The Facts Are In: Union Leaders Are Shooting Themselves In The Foot

For every dollar increase in Corporate Taxes, wages drop by more than a dollar. That’s according to a recent study that is backed up by a wealth of previous studies. Why then do Union leaders, Politicians and special interest groups continue to demand higher taxes????

…speaking of Politicians: It’s Time To Take A Stand

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Only Two Choices….Both Miserable

The Pension debacle in both the public and private sectors is so huge that it is going to make any financial drama that has taken place in the world to date look small-time. Just listen to these figures……

…more from Michael: One Really Tough Question

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Karl Marx Had It Wrong

Banishing the pursuit of profit has never worked, and we know through personal experience that governments are inherently inefficient. Indeed one of the worlds most successful retailers, Walmart, has become very profitable by producing exceptional value for its customers. It begs the question…..

….related from Michael: Soon It Will Be Eat Or Pay Taxes

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