Another Reason Not to Work and Suck Off Government Instead

Posted: Jul 17, 2013 12:01 AM

Really, why would anyone want a job nowadays? John talks about America’s leftward march toward government dependency, while communist countries continue to adopt more liberal economic policies. Juan Carlos Hidalgo (the most interesting man in the world?) from Cato joined the program to talk about Cuba’s reluctant acceptance of free-market reforms.

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Show Prep:

Big Three:

Good news for homebuilders. . . Despite the spike in rates, builders seem to be remaining optimistic:

Here’s something we haven’t discussed much in recent weeks. . . Art Cashin pinned down one of the weakest aspects of our current market:

Of course the BIG news today: Ben Bernanke is addressing Congress tomorrow. Of course, I don’t know why it’s big news. Everyone reporting on it says pretty much the same thing:

So. . . . Big news because it won’t be news. . . Makes perfect sense.

Other News:

Cuba moving away from Communism. . .

But don’t worry. . . Cuba will still continue to ban independent reporting, private property, government transparency, and true business ownership. . . By the way, here’s the rest of the news:

Propaganda? I thought this what MSNBC was all about.

Another case of government setting up two sets of rules. One set for them, and another set for you:

Really? We don’t have any money for an audit? Boy, that’s convenient: