Evidence for Double Dip is Growing
Establishment economists and other economic cheerleaders were disappointed to learn that, despite the government’s best efforts to revive the economy through Keynesian interventions...
Economics
IMF: Chinese Economy To Surpass U.S. By 2016
The International Monetary Fund (IMF) now predicts that the size of China’s economy will surpass America’s by 2016, far earlier than most mainstream...
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Rep. Paul Plans Hearing on Fed’s Foreign Bailouts
Constitutionalist Rep. Ron Paul (R-Texas), the Chairman of the House Financial Services Subcommittee on Domestic Monetary Policy, is planning to hold hearings about...
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Libya Costs Will Undermine GOP’s Savings
While Republicans have touted savings in the passage of continuing resolution after continuing resolution, it seems the military operations in Libya may eliminate...
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Supreme Court: Fed Must Disclose Bailout Details
After the Supreme Court refused to hear an appeal of lower-court rulings, the Federal Reserve must release information within five days about its...
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Federal Reserve Policies Drive Up Gas Prices
As inflation continues to rear its ugly head, one of the most pressing and ominous side effects of the country’s inflationary spiral is...
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Utah House Approves Gold, Silver as Legal Tender
The Utah House of Representatives voted on March 4 to make gold and silver coins issued by the federal government into legal tender...
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Ben Bernanke Opposes Spending Cuts
Federal Reserve Chairman Ben Bernanke told members of the House Financial Services Committee March 2 that even mild cuts in spending could cost...
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Obama Borrowed An Extra $30,000 Per Household In Two Years
On the heels of last week’s report that interest on the $14.13 trillion national debt will quadruple in the next decade, we now...
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Fed Uses Accounting Gimmick to Hide Losses
The Federal Reserve announced that it would use a new accounting trick to conceal potential losses on its massive investment portfolio, transferring its...
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Utah Could Use Gold, Silver Under Sound Money Act
In light of the U.S. dollar’s continual loss of purchasing power and the historical stability of precious metals as a store of value,...
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Virginia Considers Dollar Collapse, Gold Currency
In a stark illustration of the economic fears still plaguing America, a resolution was introduced in the Virginia legislature on January 12 that...
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Bernanke Hints at More “Quantitative Easing”
Stocks retreated and commodities predictably soared Monday after Federal Reserve Bank Chairman Ben Bernanke told CBS's 60 Minutes that “it's certainly possible” the...
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G-20 Summit Witnesses Tense Debates
As world leaders have gathered in Asia for the Group of 20 (G-20) summit to discuss measures to revitalize the frail global economy,...
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Geithner Vows U.S. Will Not Devalue Dollar
The United States would never, ever consider devaluing the dollar for export advantage, Treasury Secretary Timothy Geithner assured an audience of Silicon Valley...
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