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Monty Pelerin
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December 15, 2022
Money meets the MafiaGovernment is a criminal enterprise. That is its nature and has been since its earliest implementation.
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September 25, 2022
Federal Reserve playing chicken with financial marketsNo matter who wins, the American people lose.
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September 23, 2022
Chairman Powell: Man of La Mancha or man of the moment?The Man of La Mancha is about to fall victim to windmills.
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September 11, 2022
High-stakes musical chairs at the Federal ReserveAnd when the music stops playing, it's you who are on the hook.
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August 4, 2022
The Federal Reserve -- Help or Hindrance?The economics profession has mixed answers on the efficacy of the Fed regarding economic performance.
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July 28, 2022
The Church of the Federal Reserve is Here to Save UsThe Federal Reserve is a fraud and has been from its inception.
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May 28, 2019
Time to Pay the PiperLike him or loathe him, Donald Trump is now on the offensive, and he holds all the cards.
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March 24, 2018
'Drain the Swamp' Becomes 'Remove the Cancer'President Trump had a good campaign slogan, but there's one problem: swamps don't metastasize.
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January 16, 2017
Martin Luther King Day and Obama’s legacyWho today has reason to resent honoring Dr. King? Not the Usual Suspects...
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April 27, 2015
Government versus Anarchy and Production versus PlunderA sophisticated case can be made that government is unnecessary. An easier case can be made that it is always and everywhere unproductive.
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October 22, 2014
President DoofusThe cover-up for Obama is over. The man and his Administration are completely incompetent, so much so that most Democrats and media no longer try to defend him. Both are running from him as fast as they dare.
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October 1, 2014
Government Desperation Is IncreasingGovernment will do anything it can to prevent its reduction. It is this risk which leads to government desperation. It will do whatever it can to protect its privilege and plunder.
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September 11, 2014
The Democrats' (and Media's) Obama ProblemSupporters are now in an awkward position. Do they continue to support what is increasingly seen as an inept president or do they turn against him?
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July 29, 2014
Government Is Destroying our Standard of LivingFor the first time in history, the U.S. is getting poorer.
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November 20, 2012
Economic Disintegration is Almost HereDecline is a slow process, until it becomes fast. It is not easy to see at first.When you have destroyed the trust and confidence of business, there will be no job creation.
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November 8, 2012
Obama's Election Seals Our FateObama had no viable economic plan for the last four years, and he is still without one. There has been no progress economically. Instead, we are $5 trillion worse off with nothing to show for it.
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November 5, 2012
The Election Will Not Be CloseThis country may be down and its people hurting, but it is not out. People understand that conditions need not be this way, and they are about to impose their remediation on Washington.
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October 22, 2012
Obama's Problem: Reality BitesObama was never as strong as the media and pollsters led voters to believe. Nor was Romney as weak as he was portrayed.
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October 10, 2012
How Does a President Quit?Does the man who pretended to be president now pretend to be a candidate?
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October 8, 2012
Why Obama Will Lose All Three DebatesObama supporters and detractors expect the old Obama to show better form in the next debate. But that is not going to happen! It cannot, because Obama's critical problem is not correctable.
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September 17, 2012
One Election Away from TragedyFor the last thirty-plus years, each election has been described by pundits as "the most important election in history." Finally this claim is no longer hyperbole.
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September 10, 2012
Bob Woodward Inadvertently Confirms The Coming Economic ApocalypseObama administration geniuses were rearranging the deck chairs on the Titanic instead of addressing the iceberg that will sink the country
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August 20, 2012
The Government Is Bankrupt and Will Destroy the EconomyThe U.S. government has promised its citizens almost four times the entire net worth of the nation. If the government confiscated everyone's net worth, people would be left penniless, and the government would still be unable to fund these promises.
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May 30, 2012
Obama Will Not Win Re-electionThe Democratic Party now exists and survives for one simple reason -- making dependency more attractive. It has become the party of plunder.
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April 2, 2012
Who Shrank The President?Mr. Obama's greatest attribute, his unfamiliarity, is now gone. He is no longer an unknown shaped by the wishes, wants and imagination of the public. He is inconvenienced by reality.
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February 15, 2012
Impeach Them AllObama is a problem on many levels. But he is merely a product of the corrupt system. Both parties have lost their will to do what is right and what they are legally obligated to do
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January 27, 2012
Why America Hates Its Politicians So MuchToday, American Idol appears to be the litmus test for electing a president. Is someone cool, hip, and exciting? Is he/she good-looking? On that basis Obama is eminently qualified.
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January 26, 2012
The Social Welfare State, Compassion, and Political Self-InterestIt's now apparent that the siren song of Socialism contains the seeds of destruction that threaten the very foundations of civilization.
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December 29, 2011
The Ant and The Grasshopper -- An Allegory For The CountryAn interesting twist on Aesop's fable.
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December 9, 2011
Government of The Elites, By The Elites and For The ElitesIn the short span of a century and a half, the US went from a government famously described by Abraham Lincoln as "of the people, by the people, for the people" to one "of the Elites, by the Elites, for the Elites."
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December 6, 2011
Government Gone WildOur economic problems rightfully dominate the news. However, they are merely symptoms of a bigger, underlying problem: government.
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October 31, 2011
Slouching toward the 1930sWe are headed for an event that history will record as worse than the Great Depression. It is unavoidable.
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September 21, 2011
Will Scandal Drive Obama Off the 2012 Ticket?The next two years will be hard on Obama. As much as he is hated by freedom-lovers in the country, it is likely that he will be hated more by his remaining Democrats.
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September 17, 2011
Keynesian Economics as The Anti-EconomicsThe government has put us in a loop whereby we are ratcheting to ruin.
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September 15, 2011
The Obama LegacyDemocrat careers are on the line in the upcoming election. Most will be distancing themselves from their once-great meal ticket
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August 29, 2011
Warren Buffet: Financial Savior or Angel of Doom?The dire financial condition of the US has not been altered by Warren Buffet's recently announced investment in Bank of America (BAC). His participation should not be read as a sign that either Bank of America or the economy is improving.
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August 24, 2011
Kevorkian EconomicsWe are on the precipice of economic and societal collapse which the political class has chosen to accept so as to maximize their time in, and spoils from, office.
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August 19, 2011
Political ParisitologyThe political class, its cronies, and its dependents are parasites. The host is the productive sector of the economy. One lives at the expense of the other. One is "taking," the other "making."
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August 9, 2011
The Keynesian FraudKeynesian economics is a fraud. It has neither theoretical coherence nor empirical support. It was adopted out of desperation in the 1930s.
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July 25, 2011
Is Your IRA Going To Be Raided?Those who believe our government is too honorable to raid private retirement accounts better wake up.
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July 14, 2011
The Debt Ceiling CharadeThe circus surrounding the debt ceiling makes interesting theater but all the babble is irrelevant.
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June 28, 2011
President Quixote's Legacy: Confused, Ill-Educated and Not Too BrightIn Obama's world, success and failure are moral rather than economic outcomes. Success is a marker for evil. Failure is due to someone else's success.
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June 23, 2011
Atlas Is Shrugging In The US And Flexing His Muscles ElsewhereCapital is relocating to regions where it is treated more favorably. The increasingly adverse climate at the federal level motivates moving outside the country
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June 20, 2011
Twenty-Nine Reasons to Be Angry And/Or ScaredIf you're not both angry and scared at the world's current situation, you're not paying attention.
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June 6, 2011
Government-Assisted Economic SuicideThere is no economic case for quantitative easing, nor has there ever been one. Quantitative easing is simply a political gimmick.
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May 24, 2011
A Class of Economic Zombies, Another Triumph of SocialismThe idea of having a "nest egg," planning for the future or having some funds for a "rainy day" appears to have been erased from our DNA.
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April 19, 2011
It's All Coming ApartThe myth of government is breaking down around the world. For those with 20-20 vision, the Emperor is already seen sans clothes.
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April 6, 2011
The IRS Does Its BusinessThis make you feel comfortable about the "goodness" of your government.
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April 5, 2011
When Government Turns PredatorAn insolvent government is a dangerous government. It is akin to a wounded and cornered animal.
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April 2, 2011
Taking, not makingSlowly, almost imperceptibly, our economy has changed from a dynamic growth economy into a non-growth, tired and spent welfare state.
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March 15, 2011
Quantitative Easing: Our Tiger by the TailThere are only two choices left for our political class.
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February 16, 2011
Faking Our Way to Sovereign BankruptcyPolitical lip service will not solve this problem, only spending cuts will. Yet lip service is all we get.
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February 11, 2011
Hyperinflation is A Small Price to Pay?The US is hurtling toward out-of-control inflation while the political class tries to convince the hoi polloi that inflation is not a problem.
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February 6, 2011
Obama's Boy Wonder Act Wearing ThinWithout a core or skills, Obama is essentially an empty suit.
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February 1, 2011
Stop the Fraud -- Freeze the Debt CeilingThe debt ceiling is a key to stopping the political insanity.
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January 23, 2011
Has Greenspan gotten religion?A professed belief in the gold standard shows him to be the consumate political hypocrite that he was.
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January 11, 2011
Forget about Economic Recovery in 2011The best we can hope for is continued stagnation, and the worst is almost unthinkable.
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January 3, 2011
The Coming Political UpheavalIt is poetic justice that the political excesses that created the financial crisis will be instrumental in terminating the era of political dominance of economies.
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January 3, 2011
Septic Tank EconomicsFiat currencies are like particles floating up and down in a septic tank.
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December 17, 2010
Late-Stage Animal FarmThe hogs are being put back in their proper place in the food chain.
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December 13, 2010
Mencken on ObamaObama's election appears to confirm the prophetic wisdom of H. L. Mencken:
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December 7, 2010
Put Uncle Sam on an AllowanceThis country is headed for financial disaster. There is a way out, but it will not be easy.
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December 1, 2010
Santa Claus has Left the LeftThe "vote for me and I will give you free ice cream" strategy is finished.
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November 29, 2010
Jekyll and Hyde GovernmentAs the constitutional constraints on government power have been removed, the Mr. Hyde aspect of government has emerged.
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November 21, 2010
Hamtramck, MI as the Moral Compass of AmericaImagine taking financial advice from the state of Michigan, that paragon of fiscal rectitude.
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November 8, 2010
Red vs. Blue: Bloods vs. CripsWhether there is a D or an R in front of the party in power, little changes in the overall trend.
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October 31, 2010
Even Democrats see Obama as a failure and a fakeOne "Democratic insider" does not believe another four years would be in the best interests of America, or perhaps more accurately, the Democratic Party.
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September 29, 2010
Obama: Not Moses, Merely Elmer GantryObama seems to still believe he is Moses, and therein lies the danger.
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September 22, 2010
It's Fed silly season againA common thread to every Fed meeting is that this one, this very one, is the most important ever.
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September 21, 2010
A Depression May Be Our Best HopeGovernment has become Leviathan, and Leviathan has misbehaved and failed miserably. Not since the Civil War has the political future been so tenuous.
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September 9, 2010
Public Nuisance at the New York TimesPaul Krugman is less an economist than a political hack supporting whatever liberal idea is currently in fashion.
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August 31, 2010
Keynes as 'Useful Idiot'The mother's milk of American politics may be money, but the fuel for American socialism is Keynesian economics.
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August 30, 2010
Bernanke - Pathetic, Duplicitous or Just a Good Soldier?Fed Chairman Ben Bernanke is out of options and luck.
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August 18, 2010
The Divine Right of GovernmentHistory is a great teacher. Ancient regimes' concept of divine right of kings seems pertinent to today.
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August 10, 2010
Desperate Economic Action Ahead?The economic condition of the country continues to decline toward its rendezvous with an as yet unknowable catastrophe.
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August 3, 2010
Inflation: The Last Gasp of the Obama Economic CrisisThe only questions are how much and when.
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August 1, 2010
Our Patrick Henry Moment Is HereSocialism has failed in its pure form wherever it has been tried.
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July 28, 2010
Repent -- The End Is NearWe have become mere pawns in the Ponzi scheme of government.
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July 19, 2010
We know more about the Tiger Woods sex scandal than about our own presidentThe free press and their priorities.
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July 3, 2010
President ClarabelleWill Clarabelle toot his horn more loudly or will some desperate action be taken in an attempt to regain respect?
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June 28, 2010
Inflation is a Political ChoiceInflation or deflation is not an economic event but a policy choice
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June 27, 2010
New financial regulation bill a farceThe big banks will be able to operate pretty much as before, free to take us into another financial meltdown.
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June 26, 2010
Is inflation inevitable?Brace yourselves for liquidity injections never before seen or imagined. Inflation is inevitable.
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June 21, 2010
Hayek and The Road to RuinIn a real education system, this slim volume would be read in every high school in the country.
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June 18, 2010
Keynes' 'Animal Spirits'In reality, there is little mystery as to why businesses stopped hiring and investing and why consumers cut back spending
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June 8, 2010
Is there any way to avoid the coming economic calamity?There's no denying the mathematics.
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June 4, 2010
Worse than a DepressionAs the economic crisis approaches the two-year point, it is apparent that "this time is different."
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May 28, 2010
Investment advice: Go long on tar, feathers, and railsGood news. The crisis will be upon us sooner rather than later.
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May 27, 2010
Keynes' deathbed conversion to capitalismThe father of our present troubles realized at the end that he was wrong.
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May 23, 2010
Nobel Laureate Foreign PolicyIt is difficult to determine which foreign policy fiasco is our Nobel Laureate's greatest achievement
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May 18, 2010
One financial doomsday scenarioHow likely it is depends on the courage and fortitude of our politicians to make hard choices.
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April 20, 2010
'Anarchy plus a Constable'The diminution of free markets and the implications on efficiency in an economy.
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April 8, 2010
The Current Political Condition is UnstableAmericans who love liberty are finding their options closing down.
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March 28, 2010
Social Security Ponzi scheme unravelingThe bills for all the good intentions are coming due. There is no way they can be paid.
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March 19, 2010
Is government at all levels falling apart?Frankly, most governments from the local level up to the national level are simply broke.
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March 17, 2010
The Keynesian FraudKeynesian economics is mostly a fraud and always has been. It has little theoretical basis and no empirical support, but its fans include many dependent on the big-government spending it justifies as stimulative.
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March 15, 2010
Obama the Entrepreneurship ExpertWe have a president who believes that he is always the smartest man in the room, no matter what room.
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March 14, 2010
Virtually every Western Democratic Government is insolvent.Public employee unions are driving governments to bankruptcy.
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March 12, 2010
The problem is brainlock, not gridlockSooner or later, we were bound to choose an oddball like Obama.
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March 11, 2010
Democrats intruding on our 'favorite point' of freedomThe real consequences of the Democrats' drive for health care reform.
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March 6, 2010
Is the White House delusional about 2012?All is well - as long as unemployment is under 6%?
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February 27, 2010
2010 will be a watershed electionIf Congress turns over and there's no change of direction, what then?
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February 27, 2010
The 'Claude Rains' recovery"No Recovery?" In the best Claude Rains fashion, "I am shocked, shocked!"
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February 27, 2010
Tough guy Bernanke blows smoke"We're not going to monetize the debt," he said as he proceeded to...monetize the debt.
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February 24, 2010
Obama's Ides-of-March Moment is NearBy the end of March, Barack Obama's administration will face its destiny, its Brutus a pawn of the fates.
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February 23, 2010
Of course the stim bill made things worseWhen in a hole, government, like everyone else, should stop digging.
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February 21, 2010
Democrats seek distance from Obama as health care reform is revivedThe old bulls are tip toeing away from the president.
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February 20, 2010
The Economic Crisis Is Only a SymptomThere are few economic problems that don't originate in politics.
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February 11, 2010
Washington is oblivious as well as UselessAre the politicians really that clueless that they can't grasp the depth of the voters' anger?
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January 28, 2010
Health Care Reform Vaporizes Obama PresidencyHow a health care debacle destroys a presidency and jeopardizes a political party.
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January 15, 2010
'Free' Health CareHow government interference in the health care market has made everything ruinously expensive.
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January 10, 2010
The health care reform Medicare trapMedicare price controls will skew health care market forces even more than they are today.
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January 1, 2010
2010 Will Be WorseThe year 2010 is likely to be the pivotal year where pundits stop referring to the recession and begin openly talking about a depression.
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December 24, 2009
Obamacare a pallbearer for American freedom?It's all about control, not improving health care.
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December 18, 2009
Obama's Vote-Buying DilemmaDoes President Obama want to make new friends or alienate old ones? That is the interesting political problem shaping up for him and other Democrats.
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December 18, 2009
Government sending mixed messages to banksObama is telling them to lend more while federal regulators are requiring larger reserves that will curtail it.
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December 11, 2009
Kofi Annan - public nuisanceThe former UN chief wants to rob from the rich nations in order to feather his own nest.
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November 29, 2009
Government Integrity and EthicsWhat the government really owes - besides the $12 trillion they admit to.
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November 28, 2009
Obama's 'Cardiff Giant'Obama's credibility has taken a turn for the worse with Climategate.
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November 25, 2009
Experts - then and now - always get it wrongSome choice quotes from our leaders in the 1930's, confident the depression was soon over.
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November 23, 2009
Why Obamanomics Will Not Improve the EconomyI don't think I have ever seen a more harmful economic environment for the country.
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November 17, 2009
An economist who lives up to his nameDr. Alan Blinder can't see that his Statist solution for creating jobs is much less successful than the free market approach.