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Economics

Obama’s ‘Death and Taxes Economy’

It’s an iron law of nature as certain as the one about an angel getting its wings every time a bell rings or a snowstorm blanketing the area every time Al Gore comes to town to remind the carbon puffing infidels about Global Warming; every time Obama gives a speech; a thousand businesses go out […]

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Economics

Lies about Trade Agreements

When will Republicans wake up to the way U.S. jobs are betrayed by Barack Obama and the corporate interests that hide under the moniker “free trade”? It’s an embarrassment that Republican powers-that-be have joined with the Obama Democrats to push the new Trans Pacific Partnership (TPP) agreement. (RSN Note: Image from EFF.org and recommended related […]

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Economics

Inevitable Inflation?

In an article that I first saw on June 28th, Martin Feldstein asserts that quantitative easing is NOT money printing, and suggests that is the main reason we have not seen any price inflation. The link between Fed bond purchases and the subsequent growth of the money stock changed after 2008, because the Fed began […]

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Economics

Tax Facts for Independence Day 2013

Taxpayers across the country will celebrate the 237th anniversary of American independence on July 4th this year. As students of history will remember, one of the chief complaints of the American colonists against the British government in 1776 was unfair and burdensome taxation (including 18th century tax breaks for big business). With that in mind, […]

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Economics

Bitcoin Con or Not

Bitcoin Foundation Receives Cease And Desist Order From California … Directly following last month’s Bitcoin 2013 conference event in San Jose, CA that brought decent revenue into the state, California’s Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money […]

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Economics

An Internet Tax Would Anger Americans and Alienate Young People

Last week, a gathering of conservative lawmakers and conservative groups including Heritage Action’s CEO Michael Needham discussed why the misnamed Marketplace Fairness Act, better known as the Internet sales tax (IST), is a terrible idea and should not even be considered by the House.  This conservative position was amplified by a fresh Gallup poll showing an overwhelming majority of Americans (57% to 39%) would vote against an Internet sales tax. As you dig […]

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Economics

Mass Carnage: Stocks, Bonds, Gold, Silver, Europe And Japan All Get Pummeled

Can you smell that?  It is the smell of panic in the air.  As I have noted before, when financial markets catch up to economic reality they tend to do so very rapidly.  Normally we don’t see virtually all asset classes get slammed at the same time, but the bucket of cold water that Federal […]

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Economics

Rotting, Decaying And Bankrupt – If You Want To See The Future Of America Just Look At Detroit

Most Americans do not realize the passage of the Gang of Eight bill and resulting amnesty of up to 30 milllion illegal immigrants will result in an economic collapse of horrific proportion.  The Gang of Eight bill will hand the country over to the Democrats and guarantee their control of all branches of government for […]

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Economics

Deep in the Debt of Texas

City JournalLocal liabilities threaten the state’s fiscal reputation Though Texas has rightly earned kudos for its balanced budgets and its high-powered, business-friendly economic environment, it has an emerging debt problem. From money borrowed to build extravagant sports facilities to rising obligations for government workers’ pensions, Texas’s state and local debt is increasing at a faster […]

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Economics

The New Deal Origins of Fannie Mae and the Government-Housing Complex

Fannie Mae is a classic crony capitalist progeny of the New Deal that began life in 1938, quite innocently, as still another ad hoc New Deal program to boost the depression-weakened housing market. It grew into something quite different: a monster that deeply deformed and corrupted the nation’s entire financial system seventy years later. The […]

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Economics

Doug Casey on Conspiracies, Gold and the Continuing ‘Greater Depression’ of the World’s Economies

The Daily Bell is pleased to present this exclusive interview with Doug Casey. Also read Washington Signals Dollar Deep Concerns By Paul Craig Roberts Introduction: Doug Casey has appeared on hundreds of radio and TV shows and has been the subject of articles in People, US, Time, Forbes, The Washington Post and numerous other publications. […]

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Economics

When Is The Government Going To Shut Down Bitcoin?

Do you actually believe that the central banks of the world are going to sit back and do nothing while their monopoly over money creation is being threatened?  Do you actually believe that the governments of the world are going to allow a digital currency that they have no control over to become “the future […]