Okay, I was probably too flip in that last post about how to solve the world debt problem. Solving a problem of excessive debt without starving your population is not that easy. If you tighten the fiscal side in the wrong way (all tax hikes) you get a really nasty recession. If you tighten it in [...]
Yesterday, I engaged in a bit of debate with Invictus at The Big Picture over a post there called, An Epidemic of Laziness? During that debate, due to being in a somewhat foul mood about other things, I may have been a tad less civil than I would normally be and so if I offended anyone [...]
Jacob G. Hornberger, through the Future of Freedom Foundation, is publishing a 4 part series called Gold and Freedom. The founders of this country had very good reasons for insisting on a gold standard in the Constitution. When the issue of paper money came before the Supreme Court, here is what Justice Stephen J. Field [...]
The stock market is now back near its November lows and the pessimism is as thick as a copy of Keynes General Theory. The “stimulus” package has been deemed either insufficient or overkill depending on your political persuastion, but certainly not stimulating. The joy over the selection of Timothy Geithner as Treasury Secretary has faded [...]
