Keynesianism’s Ugly Secret
It is now five years since the crash of 2008. Today’s media and much of our academic crowd, of course, believe that the crisis has been handled, and that we can settle back to “business as usual.” But...
View ArticleLee offers Amendment to End Export-Import Bank
WASHINGTON—Senator Mike Lee (R-UT) delivered a speech on the Senate floor yesterday regarding his amendment to the Export-Import Bank Reauthorization legislation, which was also scheduled for a a vote...
View ArticlePaul Amendment to Export-Import Bank Reauthorization Fails
WASHINGTON, D.C – On May 16, the U.S. Senate voted on a series of amendments to the Export-Import Reauthorization bill (H.R. 2072), including one introduced by Sen. Rand Paul that would prohibit Ex-Im...
View ArticleObama signs reauthorization of Export-Import Bank despite earlier opposition
President Obama on Wednesday signed a reauthorization of the Export-Import Bank that would raise its lending authority 40 percent to $140 billion by 2014 and pressed Congress to pass a list of other...
View ArticleAudit the Fed Headed for the House Floor!
Last week supporters of Federal Reserve transparency had a major victory when the House Committee on Government Oversight and Reform passed my Audit the Fed bill, HR 459 unanimously with all major...
View ArticleCrisis Response
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...
View ArticleHouse tears down Obama Failometer
WASHINGTON — Officials with U.S. House operations offices ordered Tuesday the removal of Congressman Steve Stockman’s “Obama Failometer” after it had been erected in the corridor of Cannon House Office...
View ArticleNo Taper. Of Course.
As you know by now, I regarded the entire thing as nonsense. Bernanke announced no change. So, what else is new? The Wall Street Journal announced the news within minutes. The following is pure spin....
View ArticleDeath by Renewables
“Even green projects have an impact on their surrounding environment.” Green energy, specifically so-called renewables, has been sold to the American public as the answer to a host of crimes against...
View ArticleTea Party’s Challenge: Defeat Every Bond Issue, Forever
Starve the beast. If every unit of civil government had to fund its operations without debt, the growth of the state would cease. It would reverse. The key to the growth of the state today is debt. Cut...
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