Craig Eyermann

How Uncle Sam Will Spend $2.3 Trillion on Coronavirus Relief

by Craig Eyermann | Apr 1, 2020 | Economics, Events, Featured Articles

Before the coronavirus pandemic and the response to it triggered an economic meltdown, the U.S. federal government was planning to spend nearly $4.8 trillion in its 2020 fiscal year. Last week, President Trump signed a $2.3 trillion relief package aimed at mitigating an economic disaster. How the government will be spending such a gargantuan sum of money via the CARES Act of 2020, and identifying who will benefit from it, are tough to visualize in a meaningful way. Hopefully, the chart below, which builds on analysis provided by the Committee for a Responsible Federal Budget, makes it easier...

How Excessive Federal Spending Sparked a Liquidity Crisis

by Craig Eyermann | Dec 17, 2019 | Economics, Featured Articles

Since mid-September 2019, the U.S. Federal Reserve has been fighting to contain a liquidity crisis in the nation’s money markets that was caused in large part by excessive spending by the U.S. government. That surge in spending was prompted by “the worst budget deal in history” in late-July 2019, which forced the U.S. Treasury Department to begin borrowing massive amounts of money to provide the additional funds that a bipartisan majority of U.S. politicians authorized to spend. Consequently, the public portion of the national debt has been increasing to keep pace, reaching crisis levels in...

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Israel Winner of the 2003 Iraq Oil War

by Gary Vogler

From the Foreword by Lawrence B. Wilkerson: “[T]he debate over whether oil was a principal reason for the 2003 invasion has waxed and waned, with one camp arguing that it absolutely was, while the other argues the precise opposite.” “Mr. Vogler, himself a former...

Domestic Imperialism: Nine Reasons I Left Progressivism

by Keith Knight

Imagine the Catholic Church (or any person or group of people) doing what the government does every day: Everyone who doesn’t give the Catholic Church 25% of his annual income every year will be put in jail. If he resists the Jesuit officer, the officer has the right...

Diary of a Psychosis: How Public Health Disgraced Itself During COVID Mania

by Thomas E. Woods, Jr.

FOREWORD BY JAY BHATTACHARYA, MD, PHD Diary of a Psychosis is different from all other books on Covid: it traces the development of the government response as it happened, bit by bit, and subjects it to relentless scrutiny: did any of it do any good? It thereby...

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