To most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.
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Sphere: Related ContentFor years officials at the Federal Reserve Bank, including Chairman Bernanke himself, have assured us that inflation is under control and not a problem– even as the price of housing, energy, medical care, school tuition, gold, and other commodities skyrockets.
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Sphere: Related ContentWhile the mainstream news media are hard at work covering the Rep. Mark Foley “Pagegate” scandal or helping the Democrats to achieve their dream of capturing control of the House of Representatives and Senate, the Federal Reserve Bank is working with the Mexican government to make it easier for illegal aliens to export US money to their homeland.
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Sphere: Related ContentFrom Jan. 1 until May 8, five months out of the year, the government decides how our earnings are spent. Economist Walter Williams likened this to slavery in the sense that someone works all year and someone else decides how the fruits of his or her labor will be used. So in effect, Americans are nearly halfway towards economic slavery.
Sphere: Related ContentGeorge Bush aligns violence in Iraq to Vietnam war
The Joint Economic Committee (JEC) of the US Congress has announced it is investigating the amount of commerce taking place in virtual game worlds. Is it possible we’ll see taxes associated the “virtual” trades in-game? One can only imagine the limits government will take to suck every dollar you hold dear…
Sphere: Related ContentRep. Bob Ney is headed to prison early next year after pleading guilty to charges of accepting tens of thousands of dollars in illegal gifts from lobbyists. Until then, Mr. Ney has a comfortable place to bide his time. His Congressional office — the one that he has effectively acknowledged selling to the highest bidder — is still open for business.
Sphere: Related ContentAnother municipality doing the work the Federals won’t do.
“You’ve got a situation where it’s not possible to lose militarily,” Rumsfeld said. (Didn’t some Government Officials say that about Viet Nam?)