New International Financial System in the Offing?
In response to the ongoing financial crisis, world leaders are planning "a new Bretton Woods," according to Italian Prime Minister Silvio Berlusconi. According...
Economic Commentary
Bailing Out Scam Artists (aka Fannie and Freddie)
ITEM: The New York Times for September 9 editorialized: "As an act of crisis management, the government takeover of Fannie Mae and Freddie...
Read moreThe Tragedy of the Commons
Perhaps Karl Marx best described life on the commons: “From each according to his ability, to each according to his need.” That’s a...
Read moreDeficit Grows Ever Larger
On July 28, White House Budget Director Jim Nussle announced that the expected deficit for Fiscal Year 2009 (it begins October 1, 2008)...
Read moreLaying Down Blame for Our Economic Troubles
After President George W. Bush asked guests at a Republican fundraiser to turn off their cameras — which at least one person failed...
Read moreCounting the Cost of War With Iran
Will we be seeing $10-$12/gallon gasoline and a lot more body bags before the end of the year? That depends on the answers...
Read moreSuperhighway Fight Not Over Yet
It was a full year ago when the New York Times carried a small 220-word article claiming that rumors about construction of a...
Read more“Economic Bubbles” by Ron Paul
Many Americans today are understandably concerned about the state of the economy. The current recession is likely to be one of the worst...
Read moreLearning a Lesson From the EU
Americans can’t be warned too often that the path toward cancellation of sovereignty for Europe’s 27 nations is the same route being carved...
Read moreTaking Delight in Deception: Greenspan’s “Purposeful Obfuscation”
Former Federal Reserve Chairman Alan Greenspan (pictured) lives a charmed life. Besides pulling down an $8.5 million advance on his memoir, The Age...
Read moreThe Global Taxman
One small step at a time, advocates of global government are pushing schemes for global taxation as part of the plan to mold...
Read moreThe Free Trade Charade
NAFTA and the Asia-Pacific Economic Cooperation (APEC) summit are not designed to improve the economic outlook of the United States or create jobs;...
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