Free Markets, Free People

Monthly Archives: January 2013


Observations: The QandO Podcast for 13 Jan 13

This week, Michael, and Dale discuss…stuff.

The direct link to the podcast can be found here.

Observations

As a reminder, if you are an iTunes user, don’t forget to subscribe to the QandO podcast, Observations, through iTunes. For those of you who don’t have iTunes, you can subscribe at Podcast Alley. And, of course, for you newsreader subscriber types, our podcast RSS Feed is here. For podcasts from 2005 to 2010, they can be accessed through the RSS Archive Feed.


Economic Statistics for 11 Jan 12

The following US economic statistics were announced today:

Export prices in December fell -0.1%, while import prices rose by 1.1%. On a year-over-year basis, import prices are down -0.1% and export prices are down -1.5%. Softening prices may be a harbinger of economic slowdown, but, on the plus side, we can expect inflation to remain restrained in the immediate future.

The the US trade deficit expanded to $48.7 billion in November, a $6.6 billion increase from October. Apparently, though, this is a one-time surge due to imports of the iPhone 5 from China.

~
Dale Franks
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Economic Statistics for 10 Jan 13

The following US economic statistics were announced today:

Wholesale sales growth rose a greater than expected 2.3% in November, while the inventory build was 0.6%. This drove the stock-to-sales ratio down to 1.19. Big sales gains were noted in food, apparel, cars and computers.

Initial jobless claims rose 4,000 to 371,000 last week, and the 4-week average moved up 6,750 to 365,750. Continuing claims fell a very substantial 127,000 to 3.109 million.

The Bloomberg Consumer Comfort Index fell nearly 4 points to -34.4, holding in the -30s for the 16th straight week, a recession high.

~
Dale Franks
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Economic Statistics for 8 Jan 13

The following US economic statistics were announced today:

In weekly retail sales, Redbook reports a very disappointing 2.1% increase from the previous year. ICSC-Goldman reports a weekly sales plunge of -4.2%, but a confusing 4.0% increase on a year-over-year basis, giving a very mixed picture.

Consumer credit rose strongly once again, up $16.0 billion for November, following $14.2 billion and $12.0 billion increases in October and September, respectively.

The NFIB Small Business Optimism Index rose 0.5 points in December to a still very low and recessionary 88.0.

~
Dale Franks
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This is what the 2nd Amendment preserves

So you don’t think people should have guns. You think they’re dangerous. You think they should be banned. Well, here is what they are for. This happened about 10 miles from my home.

A Georgia mother hid her two 9-year-old twins and shot an intruder, Paul Ali Slater, several times during a home invasion on Friday, according to multiple media reports.

The Loganville mother said she didn’t initially answer when someone knocked on her door around 1 p.m. Friday. When the visitor began repeatedly ringing the doorbell, she called her husband at work.

When the suspect went into the closet where the family was hiding ,the woman fired six bullets at the suspect, five of which hit alleged suspect Paul Ali Slater in the face and neck area.

“He opens the closet door and finds himself staring down the barrel of a .38 revolver,” Walton County Sheriff Joe Chapman.

She was in obvious fear of her life and her safety and that of her children. She had a means of self-defense. She had an “equalizer”. And, apparently, she used it well, well enough that she was able to escape unharmed with her children to a neighbor’s house.

And remember this was all before police were able to respond. She had called her husband as the home invasion was taking place and he called 911.

Her husband has it right:

The victim’s husband said he’s proud of his wife.

“My wife is a hero. She protected her kids. She did what she was supposed to do as responsible, prepared gun owner.”

By the way, she is not a “victim”. However she would have been had she not been armed.

This is the way it is supposed to work.

~McQ


Observations: The QandO Podcast for 06 Jan 13

The holiday hiatus is over! This week, Bruce, Michael, and Dale discuss the Fiscal Cliff, Debt, and gun control.

The direct link to the podcast can be found here.

Observations

As a reminder, if you are an iTunes user, don’t forget to subscribe to the QandO podcast, Observations, through iTunes. For those of you who don’t have iTunes, you can subscribe at Podcast Alley. And, of course, for you newsreader subscriber types, our podcast RSS Feed is here. For podcasts from 2005 to 2010, they can be accessed through the RSS Archive Feed.


Economic Statistics for

The following US economic statistics were announced today:

Factory Orders were unchanged in November.  Non-durable orders fell -0.6%, but on the plus side, durable orders rose 0.8%. Included in that were a sharp rise in capital goods, which suggests future spending is on the way.

The November Employment Situation indicates that there were 155,000 net new jobs created in November, and the unemployment rate rose to 7.8%. Average hourly earnings rose 0.3%, while weekly hours rose slightly to 34.5 hours. The labor force participation rate held steady at a low 63.6%. At historical labor force participation rates, the unemployment rate would be 11.41%, up from 11.23% in October.

The ISM Non-Manufacturing Index rose 1.4 points to a better-than-expected 56.1.

~
Dale Franks
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Should we ban “assault” hammers?

Because they kill more than all rifles each year, including “assault rifles”.

In 2005, the number of murders committed with a rifle was 445, while the number of murders committed with hammers and clubs was 605. In 2006, the number of murders committed with a rifle was 438, while the number of murders committed with hammers and clubs was 618.

And so the list goes, with the actual numbers changing somewhat from year to year, yet the fact that more people are killed with blunt objects each year remains constant.

For example, in 2011, there was 323 murders committed with a rifle but 496 murders committed with hammers and clubs.

Where is DiFi when you need her.   License hardware stores. Register hammers. And get those nasty looking “assault hammers” off the market.

And by the way, there is no right to a hammer, is there?  No Second Amendment for hammers or clubs. Where are the Democrats on this?

By the way, I assume you can do the math concerning the minute number of deaths in the US by rifle and figure out that for the most part it would be considered statistical noise if we were talking about anything else.

~McQ

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