A great spot with Ron Paul on Fox Business news. He makes it clear that the Federal Reserve is responsible for the massive malinvestment that has caused the recent recession, and that real capitalism would create real growth, instead of the current and predicable, bubble and bust cycle:

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How do you solve problems created by government mistakes? That’s easy… more government!
Democrats called for the government to own refineries so it could better control the flow of the oil supply.
Rep. Maurice Hinchey (D-NY), member of the House Appropriations Committee and one of the most-ardent opponents of off-shore drilling: ‘We (the government) should own [...]

Continue reading " Breaking News: House Democrats call for nationalization of refineries "

From: Fortune; The Fed’s dollar defense by Collin Barr

The Federal Reserve chief this week took the unusual step of saying the Fed is ready to defend the dollar. “We are attentive to the implications of changes in the value of the dollar for inflation and inflation expectations,” Bernanke said Tuesday at the International Monetary Conference [...]

Continue reading " Too Little, Too Late: Bernanke Pledges to Defend the Dollar "

I am a global warming alarmist.
I’m alarmed by the fact that every plan put forth to deal with the “problem” of global warming involves higher taxes, more government regulation, more centralized authority, and a general loss of liberty.
The latest government power grab is the so-called “Cap and Trade” system. In a recent editorial The Wall [...]

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Congrats! Having worked 3 months and 23 days for the government you can now begin to work to support yourself and your family…
The Tax Foundation released this video:

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Here’s Princeton economics professor Alan Blinder on how to solve the mortgage crisis:
Pay close attention to the section that I bolded down below.  His entire “solution” centers around a.) a new large federal government organization (essentially an FDIC for the mortgage market) — call it the Department of Home Security (props to Bill Shughart), and b.) having that government [...]

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Watch this video of Ron Paul advisor Peter Schiff debating Art “Laffer Curve” Laffer back from 2006:

Looks like Laffer owes Schiff an apology (and $.01).
(via Tim Swanson)

Continue reading " Flashback: Schiff vs. Laffer "

From Henry Hazlitt’s What You Should Know About Inflation.

Continue reading " Inflation 101 "