The Biden administration's rhetoric on the debt ceiling has become nothing short of apocalyptic. The Treasury Department has announced that a failure to increase the debt ceiling "would have catastrophic economic consequences" and would, as NBC news claims, constitute...
Economics
Raising the Debt Ceiling Is Raising Your Taxes
by Stark Realities with Brian McGlinchey | Oct 4, 2021 | Economics, Featured Articles
With Thursday’s passage of a continuing resolution that funds government operations until December 3rd, Congress dodged one fiscal cliff, but a bigger one looms ahead. The federal government has maxed out its credit, and if Congress doesn’t raise the statutory debt...
Corruption at the Fed: Are America’s Money Masters Engaged in Self-Dealing?
by Jp Cortez | Sep 28, 2021 | Economics, Featured Articles
America’s central bankers are tasked with impartial oversight over aspects of the American economy. But could these individuals be making decisions on interest rates and bailout operations based on what is best for their own personal investment portfolios? After...
TGIF: Beware the Government-“Science” Complex
by Sheldon Richman | Sep 24, 2021 | Economics, Featured Articles, Justice, Sheldon Richman, TGIF
The government-"science" complex ostensibly promotes the search for facts about our world, but it actually promotes and enforces orthodoxy, protects resulting paradigms, and manufactures apparent consensuses that are questioned only at one's reputational peril. That's...
The Fed Is Planning For More Inflation
by Ryan McMaken | Sep 24, 2021 | Economics, Featured Articles
In late August, Fed chairman Jerome Powell suggested that the Federal Reserve would begin tapering before the end of the year, an admission that price inflation was rising above the 2 percent target. Nonetheless, the Fed took no immediate action in the following...
TGIF: Get Rich Quicker!
by Sheldon Richman | Sep 17, 2021 | Economics, Featured Articles, Justice, Libertarianism, Sheldon Richman, TGIF
"I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” --John Stuart Mill, 1828 We mustn't let the wrongdoing of politicians and bureaucrats blind us to the good...
Abandoning the 1980s: A Strategy for the GOP
by Mike Fedele | Sep 14, 2021 | Economics, Featured Articles
In 2022, the Republican Party has an opportunity to not just win back the House of Representatives but for the first time in a hundred years repudiate the constant creep of statism and Marxism eroding our liberties. But the GOP needs to drop its 40-year plus “game...
TGIF: Bad Sign?
by Sheldon Richman | Sep 10, 2021 | Economics, Featured Articles, Sheldon Richman, TGIF
When I see four of those yard signs on my morning walk, I chuckle. If I'm in a mischievous mood I might someday suggest a couple of memes that the owners might add. I could embrace all of those memes, but not without some qualification and in several cases, a good...