Ron Hart closes his recent column with this: Al Qaeda could not have done as much damage to the U.S. as this administration has, working to destroy our economy with a morass of entrenched bureaucracies. The terrorists can now retire.… Read More »The Statist of the Union Address
No matter what Washington believes is good for the country, if it is not perceived as such by its economic actors there will be no economic recovery. No amount of propaganda associated with “hope and change” can alter the first… Read More »The Productive Vote Against Obama’s Economic Delusions
The election is over and now, as Frank Knight once observed, “We have to adapt and overcome, that’s all we can do.” That may be harder to accomplish than Professor Knight could have imagined. To put the task into perspective,… Read More »Adapt and Overcome, That’s All We Can Do.
American citizens died. The story behind the Benghazi tragedy needs to be revealed. Mainstream news, to get their candidate Barack Obama re-elected, largely ignored the tragedy of Benghazi and continue to do so. Each day we learn more disturbing facts about… Read More »The New, And Worse, Watergate
Gold-Based Currency: An Alternative to the Falling Dollar? Guest post by Jacob Harrison, of Australian Bullion Company. What do the U.S Republican Party, German banks and the Chinese government have in common? They are all calling attention to the increasing… Read More »Gold Is An Answer
Recognize that ratings agencies are subject to political and other pressures. Their performance in the sub-prime debt crisis was criminal. With that in mind, imagine the political pressure to keep sovereign ratings overstated. Nevertheless, this chart looks dismal in spite… Read More »Sovereign Weakness Everywhere