The Second World War is often called “the good war.” But was it?
After all, this “good war” brought mass destruction; death to tens of millions of men, women, and children; and enormous suffering to many more. How can such ...
The American people are once again being told of an impending financial catastrophe.
Federal Reserve Chairman Benjamin S. Bernanke has said that America will plunge off a “fiscal cliff” if Congress doesn’t do something by January 1, 2013.
Former ...
Every two years the parasitic political class must subject themselves to a vote of confidence from their hapless hosts, the American people. These elections — which H.L. Mencken called “an advance auction sale of stolen goods” — allegedly ...
The late George McGovern will probably be most remembered as the man who suffered the worst defeat of any presidential candidate in United States history. In 1972, he lost 49 states, including his home state of South Dakota, to ...
Patrick Clawson, Director of Research at the Washington Institute for Near East Policy (WINEP), attracted some attention last month for his remarks during a briefing on U.S. policy toward Iran. Clawson said,
I frankly think that crisis initiation ...
For the past four years, talking heads, pundits, and other regime apologists have been looking for “green shoots” and other signs of an economic recovery to vindicate the U.S. government’s fiscal and monetary shenanigans.
So when the Bureau of Labor ...
The Federal Reserve’s Open Market Committee (FOMC) has voted to launch a third round of quantitative easing (QE3), this time focused on purchasing as much as $40 billion a month in mortgage-backed securities. This decision to provide liquidity ad ...
Mitt Romney’s comment that 47 percent of Americans don’t pay taxes and therefore are not likely to respond positively to his stated opposition to tax increases has been called a “gaffe.”
This reminds me of Michael Kinsley’s quip: “A gaffe ...
The 2012 Republican Party platform contains a plank concerning a possible return to the gold or other metallic standard. The US dollar has been a fiat currency since President Richard Nixon suspended its convertibility to gold on August 15, ...
The fiscal and monetary response by the U.S. government and the Federal Reserve to the economic crisis has been to spend, to borrow, and to inflate the money supply. The result has been skyrocketing debt, continued economic stagnation, and ...
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