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Economics 102
People avoid silence because they’re afraid of what they might hear. Although we value our freedom of speech, polite conversation in America is subject to one crushing rule, “Don’t talk about religion...
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Cyprus Is An Alarm Clock For The EU & America
The tiny island of Cyprus is demonstrating that government money is nothing more than the people’s money and to make the point, we are now watching as the European Union is set to seize private...
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Hypocrisy: Obama Declares April As Learn To Budget Responsibly Month
Barack Obama has got to be one of the most double talking politicians our nation has ever seen. From a man that has not had a budget in his entire time in office, he has come out and proclaimed April...
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If The Progressives Are Jumping Off The Cliff Will You Or Will You Be Pushed?
My husband and I have great conversations sometimes where we realize and rediscover how much alike our childhoods were. This morning over breakfast we discussed the whys and wherefores of “common...
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Ponzi Scheme Economy: If We Blow It Up Again It Will Blow Up Again
Back in 2007 when I was speaking of the crash to come I noted that we really didn’t have to worry because our fearless and infallible leaders intuitively know the remedy. When the bubble bursts they...
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Obama’s Taxpayer Waste Under The Sequester
How many times will Barack Obama lie to the American people? You see, he lied about Fast and Furious, Benghazi, about Obamacare, about taxes, and about so many other things. Now the Sequester, one...
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Economic Slowdown: Oil & Natural Gas Prices Continue To Fall
I’ve been noticing that gas prices have been steadily falling for weeks now. So far oil and natural gas prices have fallen. It’s good news for consumers, but is it good news for the economy? Market...
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The Politics Of Envy – Confucius Say: ‘Say What You Mean’
I have never been a class warfare kind of person. Honestly, the whole script of envy left me when I was very young, thanks to parents who taught me how much of a waste of time and emotion that was....
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Senator Tom Davis Fights Against Crony Capitalism In South Carolina
Has South Carolina become the national model for crony capitalism? There’s a problem in this country, and it’s not just infecting Washington D.C., it has taken over every state in the union,...
View ArticlePhysical Gold Vs Paper Gold – A ‘Titanic’ Lesson To Be Learned
This is one of the most simple explanations I’ve come across that discusses physical gold vs paper gold. Owning physical gold hedges against the coming collapse of the dollar. We don’t know when or...
View ArticleMinimum Wage Is Not the Problem – Central Bankers & Government Bureaucrats...
Michael Tanner at the Cato Institute notes Welfare Pays Better than Work in 33 states. The federal government funds 126 separate programs targeted towards low-income people, 72 of which provide either...
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Ivory Tower Academics, Inflation, and Kindness
Bloomberg writer Caroline Baum pinged me with her latest article Ivory Tower Types Fall for Bigger Inflation Fix complete with a veritable “Who’s Who” of inflation proponents.Inflation Proponents...
View ArticleWal-Mart is not Costco; So Why Should it Pay Like Costco?
President Obama, the unions, and Democrats in general are attempting to force Wal-Mart to raise its minimum wage. In Seattle, there is an absurd push by activists to raise the minimum wage to $15 per...
View ArticleRidiculous & Preposterous Economic Proposals from Economists Living in...
Preposterous economic proposals from economists living in academic wonderland are the norm.For example: Please consider the following statements by Brad DeLong, a professor of economics at the...
View ArticleWhat’s the Job Worth?
The attempt to unionize McDonald's and fast food workers is something which should draw our attention. Most of these folks are paid minimum wages, but limited to 39 hours per week so that companies...
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Chicago: Bankruptcy Straight Ahead
Move over Detroit. The fiscal crisis in Chicago is far bigger. Pensions 31% funded Moody's downgraded Chicago Debt 3 Notches (just 4 steps above junk) City debt on negative watch Pension Liability is...
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Federal Reserve Says "No Tapering;" Gives Global Elite More Time to Finalize...
It appears to all be going down hill very fast...even with no tapering by the Fed In September of 2012, the Federal Reserve began Quantitative Easing 3 (QE3), which means they buy $85 billion dollars...
View ArticleIs Risk Free Banking Possible? What About Fractional Reserve Lending? 30-Year...
Reader "Nate" noted that Bloomberg columnist Megan McArdle stated that banning Fractional Reserve banking won't work.Nate asked "What would a future without fractional-reserve banking look like?"Let's...
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Quantitative Easing Worked For The Weimar Republic For A Little While Too
There is a reason why every fiat currency in the history of the world has eventually failed. At some point, those issuing fiat currencies always find themselves giving in to the temptation to wildly...
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Are You Worse Off Now Income-Wise Than in 2000?
Inquiring minds are wondering "Income-Wise, What Percentage of People are Worse Off Now Than in 2000?"I asked Doug Short at Advisor Perspectives that seemingly simple question after posting his chart...
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