Uncle Sam is a Subprime Deadbeat |
As of this month, California is insolvent. It does not have enough money to pay its bills and has resorted to covering its expenses by issuing IOUs to creditors. Washington is also insolvent. It ha... Posted by on Mon, 13 Jul 2009 09:30:00 GMT |
Cap and Trade is Obamas Smoot-Hawley |
History repeats itself. It is amazing how similar the 1920s and 2000s have become. First, were the unsustainable economic booms; then came the busts. Of course the easy money policies of the Federa... Posted by on Mon, 29 Jun 2009 17:50:00 GMT |
HR 1207 Must Become Law! |
Contacting your congressperson to ask them to cosponsor legislation you believe in does work. Oh, we are always told that members of Congress care about the views of the folks back home. But, being ... Posted by on Sun, 14 Jun 2009 11:07:00 GMT |
Could Fed Style Banking Save California? |
As was mentioned in this column last week, given the defeat of tax hike propositions in California, the state is in a real quandary to find $24 billion dollars by July to close its budget gap. Withou... Posted by on Fri, 29 May 2009 23:37:00 GMT |
Let California Fail |
It is ironic that the federal government is substantially meddling in the financial affairs of other entities given the dilapidated state of Washingtons own finances. First, there were the banks, in... Posted by on Sun, 24 May 2009 01:18:00 GMT |
Rothbard as Prophet Part 2 |
As documented in Rothbards classic piece Americas Great Depression, the similarities of the 1920s and 2000s did not end with the beginnings of each crisis in 1929 and 2008 respectively. It gets muc... Posted by on Sat, 16 May 2009 02:39:00 GMT |
Rothbard as Prophet Part 1 |
Federal Reserve Bank chairman Ben Bernanke is touted as an expert on the Great Depression. Many would say we are fortunate to have him heading our central bank at this time when our economy is suffer... Posted by on Sat, 09 May 2009 09:39:00 GMT |
Obama and Doublethink |
Happy May Day weekend everyone! Just a salutation to get you used to the observance of a communist based holiday in light of the fact that the process to turn the U.S. into a totalitarian state is ac... Posted by on Fri, 01 May 2009 12:38:00 GMT |
Ballot Access Laws are Detrimental to America |
This past week a panel of judges in North Carolina heard the appeal of a 2005 case filed by the states Libertarian Party over its loss of ballot access following the 2004 elections. Even though the ... Posted by on Sun, 26 Apr 2009 02:30:00 GMT |
End the Embargo and Bring Back the Cigars |
On February 2, 1962, President John Kennedy called his press secretary, Pierre Salinger, into his office and instructed him to immediately find and purchase one thousand of his favorite Cuban cigars -... Posted by on Sat, 18 Apr 2009 06:44:00 GMT |