The 10 Most-American Cars - Auto - FOXNews.com: "So, it's the Fourth of July, and you're feeling a little more patriotic than usual. Sounds like a great time to buy a domestic car, right?
Well, first you need to answer the question: 'what is a domestic car?' Is a Chevy built in South Korea domestic, or how about a Hyundai assembled in Alabama?
Since that debate is not likely to be settled anytime soon, we've decided to keep it simple and list the top 10 domestic cars based strictly on content, as compiled by the National Highway and Transportation Administration."
Thursday, July 02, 2009
Inflation: What You See and What You Don't See - Thorsten Polleit - Mises Institute
Inflation: What You See and What You Don't See - Thorsten Polleit - Mises Institute: "As far as its impact on prices goes, the rise in the monetary base sponsored by the Fed has so far been restricted to an invisible effect.
First and foremost, the base money increase prevents banks' troubled asset prices from adjusting to lower levels. Buyers of these assets have to pay a higher price when compared to the scenario in which the Fed hadn't increased the money supply.
In addition, prohibiting the prices of banks' assets from adjusting downwards keeps markets from performing an essential function, namely, rewarding those players who serve the needs of their clients and pushing those players out of the market who do not.
Furthermore, as prices of banks' troubled assets are kept from declining, the need for revaluing other assets (such as book loans extended to firms, house builders, and governments; bonds; stocks, etc.) tends to decline or is prevented altogether."
First and foremost, the base money increase prevents banks' troubled asset prices from adjusting to lower levels. Buyers of these assets have to pay a higher price when compared to the scenario in which the Fed hadn't increased the money supply.
In addition, prohibiting the prices of banks' assets from adjusting downwards keeps markets from performing an essential function, namely, rewarding those players who serve the needs of their clients and pushing those players out of the market who do not.
Furthermore, as prices of banks' troubled assets are kept from declining, the need for revaluing other assets (such as book loans extended to firms, house builders, and governments; bonds; stocks, etc.) tends to decline or is prevented altogether."
The Consequences of the Culture of Death | Doug Bandow | Cato Institute: Commentary
The Consequences of the Culture of Death | Doug Bandow | Cato Institute: Commentary: "There's no doubt that the circumstances of many of those seeking abortions are difficult. Nor can any defender of liberty feel comfortable advocating government intrusion in such a personal matter as childbirth.
Yet a baby is not the property of his or her mother. Few people disagree that children have the full right to life like adults. Moreover, the moment of birth makes no difference in the moral value of life. Even some abortion advocates are uncomfortable with the brutality of many late term abortions, of which the late Sen. Daniel Patrick Moynihan said 'This is too close to infanticide.'
Nevertheless, 'viability' should have no more moral significant than birth. Once formed, every human life is unique. That death is presented as the preferred option for 'unwanted' children is bizarre."
"The strongest argument for not restricting abortion is personal liberty. Yet liberty always has been constrained when another person is involved. Especially when the other person exists only because of one's free choice.
Abortion is not a matter of choice, but an attempt to flee from responsibility. Other than in the case of rape, pregnancy results from the decision to have sex, freely made. People are, rightly, legally free to have sex with whomever they desire whenever they desire. That being the case, they also should be held responsible for the consequences of their decisions. One of those consequences is a baby."
"We also see the demand to force medical students to learn and hospitals to provide abortion. And for pharmacies to provide abortifacients. Freedom of conscience is twisted to mean the denial of freedom of conscience."
Yet a baby is not the property of his or her mother. Few people disagree that children have the full right to life like adults. Moreover, the moment of birth makes no difference in the moral value of life. Even some abortion advocates are uncomfortable with the brutality of many late term abortions, of which the late Sen. Daniel Patrick Moynihan said 'This is too close to infanticide.'
Nevertheless, 'viability' should have no more moral significant than birth. Once formed, every human life is unique. That death is presented as the preferred option for 'unwanted' children is bizarre."
"The strongest argument for not restricting abortion is personal liberty. Yet liberty always has been constrained when another person is involved. Especially when the other person exists only because of one's free choice.
Abortion is not a matter of choice, but an attempt to flee from responsibility. Other than in the case of rape, pregnancy results from the decision to have sex, freely made. People are, rightly, legally free to have sex with whomever they desire whenever they desire. That being the case, they also should be held responsible for the consequences of their decisions. One of those consequences is a baby."
"We also see the demand to force medical students to learn and hospitals to provide abortion. And for pharmacies to provide abortifacients. Freedom of conscience is twisted to mean the denial of freedom of conscience."
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