A Crisis of Dollars and Sense
The "dollar" bills that we routinely exchange for goods and services are not genuine constitutional dollars, but promissory notes substituting for the real...
Economics
In a Free Market, Money Doesn’t Grow on Trees
Supporters of big government have been blaming the current economic crisis on the free market. We shoot down five of their anti-free-market fallacies...
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Government Will Bail Out Homeowners
First Wall Street bankers. Then government lending agencies known as Fannie and Freddie. Next in line for federal handouts was the international insurance...
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Voter Outrage Against Mortgage Bailout
Anger is on the rise all across the country concerning the proposed government bailout of the mortgage industry. The $700 billion dollar price...
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Henry Paulson to Become Overseer of U.S. Economy?
Treasury Secretary Henry Paulson is on the verge of becoming the most influential man to hold that post since Alexander Hamilton, and the...
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McCain Calls for New Federal Agency
Speaking in Green Bay, Wisconsin, on September 19, Republican presidential candidate John McCain said he would create a new federal agency, called the...
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Some Dare Call It a Recession
Adding to the woes of Americans reeling from the fallout stemming from the national housing and mortgage crises, recent Wall Street events such...
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IndyMac Bank’s Ominous Failure
As of Tuesday, July 15, crowds outside branches of the failed California bank IndyMac were getting ugly. On the second business day after...
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Paulson-Bernanke Plan Would Give the Fed Broad New Powers
On Thursday, July 10, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke testified before the U.S. House of Representatives’ Committee on...
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Dangers of an Underreported CPI
The Consumer Price Index (CPI) measures the average price of consumer goods and services purchased by households. The government uses the CPI to...
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Economic Survival — Not “Stimulus”!
The plan, according to our government’s economic gurus, was to stimulate our economy by sending tax rebates to U.S. taxpayers to spur spending...
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Rising Food Costs
From Nouakchott in northwest Africa to Port-au-Prince in the Caribbean, the situation is becoming grimmer by the day. The specter of world hunger,...
Read moreIs Making Taxes “Fair” the Answer?
Although tax season has come and gone once again, the various proposals for tax reform are still with us. These tax-reform plans, even...
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The Specter of Inflation
At a conference on April 16, Richard Fisher, president and chief executive officer of the Federal Reserve Bank of Dallas, warned that the...
Read moreOur Sovereignty Trade-Away
Congressional approval of the latest round of the General Agreement on Tariffs and Trade was a victory for international socialism and a defeat...
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