Keeping a Promise Isn’t Always a Good Thing (depends on the promise)

 

Usually, this blog is devoted to understanding external economic warfare. Of course, there can be internal warfare as well. Just consider the oath to defend the Constitution from “all enemies, foreign and domestic.” Likewise, enemies of our free market economy are not limited to foreign threats.

We are now witnessing a nearly complete economic assault waged against what was once a significant portion of our domestic energy industry. Essentially, coal is bankrupt, with the collapse of Peabody as just announced. This is not a shock. In fact, it was a campaign promise of then Senator Obama. Continue reading

Firearms Sellers Say They’re Being Choked Off From Payment Processors

Go to a gun show, and you won’t find many merchants using PayPal.

You’ll also find few vendors using popular payment processors such as Square, Stripe, and Spark Pay.

That’s because some payment processors explicitly prohibit the use of their systems for online — and some in-store — sales of firearms, ammunition and certain accessories.

Retailers in the gun industry say they’re being discriminated against. Continue reading