Washington is awash with brains. Here are Think Tanks galore. Here are entire departments of federal agencies given over to nothing but research and analysis of how to solve our national (and local, and world) problems. PhD’s from every college in the land, perhaps world, are more than happy to drop everything to advise Washington […]
Federal Reserve Chairman Ben Bernanke recently launched the highest profile assault on the gold standard since President Richard Nixon closed the gold window in 1971. The Wall Street Journal headlined its report “Bernanke Defends Country’s Break With the Gold Standard.” “The gold standard would not be feasible for both practical reasons and policy reasons,” Bernanke […]
“The only threat to our freedom is the concentration of power. Congress is using its unfettered ability to generate debt for its own benefit at the expense of the American people. It is called taxation without representation. We at RestoringFreedom.org have decided to take a stand. We are confident that support will continue to build […]
In virtually every airport bookstore in America right now you will find a little sleeper of a book in the business section which is as riveting as a thriller and as hard to put down. James Rickards Currency Wars made this reader remember what Secretary of the Navy John Lehman so vividly told Tom Clancy […]
On a recent episode of the Glenn Beck Show, Beck had an exchange, summarized here, with presidential candidate Rick Santorum. “I think you’ve got to put the Fed back in the business of just managing the money supply for the purposes of holding inflation in check,” Santorum said. “If the Fed’s only mission was dollar […]
Who stands in opposition to “the [central] bank of the United States, public debt, a navy, a standing army, American manufacturing, federally funded improvement of the interior, the role of a world power, military glory, an extensive foreign ministry, loose construction of the Constitution, and subordination of the states to the federal government”? Hint, these […]
One of Newt Gingrich’s rivals just before the South Carolina primary criticized him for his claim of having created millions of jobs, saying “Congressmen taking responsibility or taking credit for helping create jobs is like Al Gore taking credit for the Internet.” This charge of self-aggrandizement didn’t stick to Gingrich (many of whose stands have […]
Let’s face it. The GOP is the Party of Rectitude. The Democrats are the Party of Fun. Until we turn this confounded situation around, conservatives are going to lose a lot more elections than we need to. The GOP needs, deserves, and by jingo should have, its own Lady Gagas and Katy Perrys and their […]
“It’s not even a theory; it is a theology.” So Nouriel Roubini, with his best Strangelovian inflection, describes the gold standard to Yahoo Finance’s The Daily Ticker, and in doing so displays shocking ignorance of the gold standard and either the work of Ben Bernanke or a presumption that the rest of the world is […]
“Once one starts thinking about [actions to accelerate economic growth], it is hard to think about anything else.” — Nobel Economic Laureate Robert Lucas The Supercommittee, if rumor, speculation and common sense can be credited, now will shirk its role as political suicide bomber. The Supercommittee was created in a fit of ambiguous revulsion against […]
