Right Side News
Fed to Make Benchmark Rate Forecasts … Federal Reserve officials will for the first time make public their own forecasts for the federal funds rate at their Jan. 24-25 meeting, according to minutes from last month’s Federal Open Market Committee released today. FOMC “participants decided to incorporate information about their projections of appropriate monetary policy” […]
Last week, as most Americans were celebrating the holidays with family and friends, the Obama Administration announced plans to seek yet another debt ceiling increase in the New Year. While some fiscal conservatives will try to block this increase, their efforts are designed to fail thanks to the procedure set up by the last debt […]
This year the media’s myth were wide-ranging: from conspiracy theories about economic sabotage, to overpopulation panic and Occupy Wall Street’s mantra ‘We are the 99 percent. Each year the Business & Media Institute looks back on the year’s news and selects the top 10 worst economic myths. Here is our 2011 list:
The Federal Reserve Plans To Identify “Key Bloggers” And Monitor Billions Of Conversations About The Fed On Facebook, Twitter, Forums And Blogs The Federal Reserve wants to know what you are saying about it. In fact, the Federal Reserve has announced plans to identify “key bloggers” and to monitor “billions of conversations” about the Fed […]
Important Debt Ceiling Update President Obama just announced late this evening that a deal has been reached to cut government spending and raise the debt ceiling in order to avoid a debt default. If the deal is approved on Monday, it will raise the debt ceiling by between $2.1 and $2.4 trillion in three installments: […]
Roman Baudzus writes — Yesterday, the silver price reached a new three-decade high of more than US$34 per ounce. Although the stock markets, many agricultural commodities as well as platinum and palladium suffered heavy losses at the end of yesterday’s trading session, the gold and silver prices were comfortably positioned. According to many market experts […]
International Monetary Fund director Dominique Strauss-Kahn (left) calls for new world currency … Dominique Strauss-Kahn, managing director of the International Monetary Fund, has called for a new world currency that would challenge the dominance of the dollar and protect against future financial instability … “Global imbalances are back, with issues that worried us before the […]
Secret China war plan: trillions in U.S. debt … Yes, Americans love war. Yes, wars cost money. And pile on debt, new taxes … Back in the ‘40s, WWII consumed 57% of our GDP. Today, war eats up about half America’s budget. We’re sinking under Iraq war debt. Nobel economist Joseph Stiglitz estimates Iraq at […]
The Patriot-Liberty movement has railed against the Federal Reserve for decades. Inexorably attached to the abolishment of the private banking monopoly, the entire political career of Ron Paul is an inspiration for any citizen who values liberty and defends the U.S. Constitution. The Federal Reserve is the Enemy of America. The central cause for the […]
The Daily Bell is pleased to publish an exclusive interview with the distinguished free-market scholar and economist Dr. Mark Skousen Introduction: Dr. Skousen taught economics at Columbia University’s Graduate School of Business in 2004. In 2001- 02, he was president of the Foundation for Economic Education (FEE) in New York. Since 1980, Dr. Skousen has […]
Ever since Jane Mayer’s recent New Yorker piece earlier this month, much of the media has risen to debate how much influence conservative and libertarian-leaning businessmen David and Charles Koch, the owners of Koch Industries, have in American politics.
Israel experienced no more than a mild recession as a result of the global financial crisis that began in 2007, a testament to policies adopted by the government over the previous decade. These policies emphasized fiscal restraint, as well as liberalization and increased competition across most of the economy while strengthening regulatory restrictions on the […]