Ron Paul: Whoever Wins the Election, Gold Goes Up

ron-paul

According to Ron Paul, whoever wins the election in November, gold will be the real victor.

The elder statesman of the libertarian movement and former Republican presidential candidate has remained apathetic about which major presidential candidate claims victory next month. However, he remains convinced that uncertainty will result no matter the outcome of the election, as he told CNBC in an interview:

“Politically speaking, there is going to be a lot more uncertainty and that may go into the markets. If people are depending on political stability to get the market going I don’t think it’s going to work out.”

[Read more…]

The Battle of Katahdin: Maine vs. the Feds

katahdin

For the last several months there has been a quiet battle raging over the fate of thousands of acres of land in Maine’s north woods. Roxanne Quimby, one of the co-founders of Burt’s Bees and a prominent philanthropist, had for years been buying lands surrounding Baxter State Park; home to Maine’s highest peak Mount Katahdin. Mrs. Quimby was rumored to have been buying the lands with the goal of creating a conservation zone. Obviously questions have been raised as to whether or not the goal is to incorporate the land into the existing Baxter lands or something else. Last month it was confirmed that Mrs. Quimby has other plans which could have very devastating consequences for Maine’s north woods.

Many Mainers are of course skeptical of the creation of such a zone. What will the rules governing this conservation zone be? Will hunting, fishing, snowmobiling, and other popular recreational activities be permitted? Will the land be managed by the State of Maine or will it fall into federal hands? Paul LePage, the Governor of Maine, was a strong voice of opposition to Mrs. Quimby’s rather ambiguous plans, suggesting that the lands would likely not go to the state but rather to the federal government. As the Governor and other critics have noted, some of the lands Mrs. Quimby has purchased in the Moosehead and Katahdin regions have been restricted to many recreational activities which is similar to the sort of federal restrictions on National Park land. Elliotsville Plantation LLC., Quimby’s holding company for the lands, had for months refused to issue statement on the future liberalization of the rules for use of the land. [Read more…]

Civil Disobedience for Entrepreneurship? Interview With Christopher David

Chris

Arcade City, the much-hyped ride-sharing app which promises to be the “Uber-killer” and the new face of the industry, is a company born out of conflict with authorities. Rising from the remains of the Free Uber campaign, Arcade City’s CEO Christopher David set to work spreading the company’s “regulations-be-damned” presence across the globe. This resulted in the police in Austin, Texas coming for him for ostensibly operating an illegal ride-sharing company. Now, the city of Portsmouth has a warrant out for his arrest for a no-show to a court date hailing back to the Free Uber days, when David recorded a taxi-friendly bouncer who was being hostile towards Uber drivers.

I interviewed Christopher David on the usefulness of civil disobedience’s nexus with business, as well as the long-term viability of an “outlaw ride-sharing” company. [Read more…]

Aetna Healthcare May Dump Obamacare

obama-1301891_1280

Aetna may be done with Obamacare for good.

The healthcare insurance provider, which conducts business with public exchanges through the Affordable Care Act, has backed away from plans to expand its public exchange coverage to five new states, and is reconsidering its decision to continue doing business through public exchanges in its existing 15 states.

In a second-quarter earnings press release, Aetna’s Chairman and CEO, Mark Bertolini, spliced good news for the company with indications that they could no longer afford the Affordable Care Act:

“While we are pleased with our overall results, in light of updated 2016 projections for our individual products and the significant structural challenges facing the public exchanges, we intend to withdraw all of our 2017 public exchange expansion plans, and are undertaking a complete evaluation of future participation in our current 15-state footprint.”

[Read more…]

National Cryptoequity – Pleasant Opposite of National Debt? (via CoinTelegraph)

(Published on CoinTelegraph)

The modern government-run financial system employs a staggering amount of national debt. The United States’s national debt is fast approaching $18 trillion, with no sign of stopping. This debt, while incurred by the government, ends up being the responsibility of the public to pay it off, or else risk collective financial suicide.

However, instead of shouldering this massive burden and having economic progress crushed under its weight, there exists a way to use cryptocurrency to achieve the opposite effect for people: give them equity.

(Read on CoinTelegraph)

Startup Societies : Interview with Thibault Serlet

Thibault resize

The United States has traditionally been viewed as a bastion of freedom. Unfortunately, that ranking has slipped over recent years. According to Reporters Without Borders, the US freedom of the press ranking has slipped from 17th in the world to 49th since 2002. In regards to economic freedom, the US scored 81.2% in 2006 according the the Heritage Foundation’s Index of Economic Freedom, and has since fallen to 75.4%. During that time, however, Hong Kong’s economic freedom ranking remained constant at 88.6%, the disparity between the two growing from 7.4% to 13.2% over those 10 years. With the current US presidential contenders both seemingly vying for the position of worst on trade, economic protectionism, and taxes, that trend only promises to increase.

Thankfully, alternative approaches exist to the circus that is modern electoral politics. One of these ideas is the startup society, an experimental nation on a micro scale. The basic idea behind the startup society is to create a new system of order on a micro level as a testing ground for new ideas for societal structure. By starting small and focusing on creating something new rather than focusing on something old, the chances of failure vastly diminish, especially in corrupt countries and iron-fisted dictatorships.

I interviewed Thibault Serlet, co-founder of the International Coalition for Human Action, about the concept of startup societies, and what role, if any, they will play in the ever-changing global scene of geopolitics. [Read more…]