What are the Odds of a Depression?: Central questions these days are how severe will the U.S. economic downturn be and how long will it last? The most serious concern is that the downturn will become something worse than the largest recession of the post-World War II period -- 1982, when real per capita GDP fell by 3% and the unemployment rate peaked at nearly 11%. Could we even experience a depression (defined as a decline in per-person GDP or consumption by 10% or more)?
How to Achieve Socialism: Have you ever wondered how countries such as Cuba, North Korea, and China became completely socialist? It's really not a mystery. Government officials, most of whom suffer from an insatiable thirst for power, seize upon some human tragedy or disaster and tell the people, "If you will just give us power over your lives and fortunes, we will taken care of you and protect you from harm."
Audit the Fed!!!: Since its creation in 1913, the Fed's control of money and credit in this country has resulted in a 95% devaluation of our dollar and the piling up, just in the last year, of almost $10 trillion in bailouts and loans.
Too Big to Save: In the debate over moral hazard, one argument often made is that certain institutions are simply too big to fail. That, if they are allowed to fail, the greater economy will be irreparably damaged, and the people will be unnecessarily hurt.
The Great Idaho Tea Party: It is our intention to show President Obama and the politicians in Washington and elsewhere that we, the patriots of the sovereign state of Idaho, will NOT go "gently into that good night" or in other words lay down and die as our republican form of government is supplanted by socialism.
Michael Steele--Stop Being a Putz!: Maybe I'm just a little too old school, but to me, there is something decidedly offsetting about hearing one wish his adversary well.
A Future of Freedom: When President Barack Obama signed the $780 billion stimulus bill into law on February 17, he made official an economic policy that takes our nation further down the wrong path. The billions of dollars in new government spending that the stimulus contains represent the wrong kind of response to our nation's economic troubles.
To see today's cartoon read the post, The Raw Deal.
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