Housing Crisis In Oman!
- Category: Housing
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Yes, ladies and gentlemen, the world-wide housing crisis has reached Oman. You know, that tiny country in the southeast of the Arabian Peninsula who is ranking "only" 25th globally in oil reserves. The Times of Oman let us know of this impending debacle in its article "Sunday Beat: Oman government must avert housing crisis for low-income citizens".
According to this article from 2012 the government allocated OMR 80 million a…
Who Watches The Watchers?
- Category: Libertarianism
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Intelligent people believe that democracy is the best system we can possibly have. Intelligent people support democracy and they attempt to improve it from the inside. Intelligent people believe that democratic flaws are just operational matters. Intelligent people are dismally wrong.
The problem with democracy is not that it is flawed, but that flaws originate in the very concept of democracy. Democratic flaws are not day-to-day issues that can be…
Dis-Communisizing Urkaine - A Really Bad Idea
- Category: Communism
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A few days back the Ukrainian parliament promulgated four laws to dis-communisize and dis-nazify Ukraine. The details appeared in an article by the Ukrainian newspaper Ekspresand it was called "Farewell, hammer and sickle". Among other things, the use of communist emblems of any kind (including the hammer and sickle) as well as Nazi ones will now be punished with 5 years in prison. There will also be a massive renaming…
Tolerance Sucks!
- Category: Libertarianism
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One of the big selling points that democracies exhibit is that they are “tolerant” systems. By tolerant we mean that they make an effort to accommodate different thinking and behavior than the one of the majority. This willingness to “accommodate” different people is used to capture the high moral ground and to single out and demonize other countries which are not so “flexible” and “understanding”. Yet, we cannot avoid to…
Useless Laws And Useless Politicians
- Category: Law
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A great deal of people believe that for some strange reason laws (as currently understood) are necessary. Well… they are not. What needs to become crystal clear is that laws promulgated by “political authority” are not only unnecessary but a hindrance. That’s right. They stop the natural progress of free markets while providing nothing in return. The best that laws can ever aspire to achieve is the re-shuffling of goods…
The Dow
- Category: Economic Conditions
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The Dow Jones is a famous stock index. It is not famous because it measures stock activity (many indices were doing so when it was created), but because the "Dow Theory" of market activity was the first empirical theory of stock trading based on rationality and not technical analysis mumbo-jumbo. As a matter of fact, the Dow is not even a good stock index because it is price-weighted and it…
The Wrong Kind Of Justice In Rwanda
- Category: Justice
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The Rwandan genocide was a mass slaughter of Tutsi and moderate Hutu members by the Hutu majority. It is estimated that between April and July 1994 anywhere between 0.5 to 1 million people were killed. The genocide was planned by a small elite called “the akazu” but it was executed by the army, police, militias and above all, Hutu civilian population. If you are interested in this information, please search…
The End Game: Global Taxation - Part 2 of 2
- Category: Taxes
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AEOI
Why is this treaty important? Because it makes official and automated and mandated the transfer of bank information to tax authorities in other countries. Basically, every single bank in the world will become a snitch within the next 2 to 3 years. The public "rationale" for this act was to "combat" tax evasion, as if tax evasion would be a bad thing (see for example Tax Havens Libertys Last Bastion). We…
The End Game: Global Taxation - Part 1 of 2
- Category: Taxes
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People ask us quite seldom why is that we are so paranoid. And we always answer in the same manner: it is not paranoia if there are people out to get you. However, in order to be able to distinguish true conspiracies from mere background noise, you must take a step (or two) back and look at historical developments over long periods of time. Is it only through this process…
