by Jaana Woiceshyn | Jun 20, 2012 | Business
New York Mayor Michael Bloomberg announced recently a plan to ban large sodas (16 oz. or more) from New York City’s restaurants, movie theaters, and street carts, in an effort to combat obesity.It has created a wide-spread backlash among businesses—rightly so—led by... by Peter Schiff | Jun 19, 2012 | Money & Banking
I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market “experts” laughed at when I warned of trouble brewing in the seemingly indestructible American economy. After... by Brian Phillips | Jun 19, 2012 | POLITICS
If we look at any number of social problems, we find numerous similarities. No matter the issue–education, energy, infrastructure, pollution, and much more–Americans look to government to provide the solution. These issues provoke heated political debates, with... by Dr Michael Hurd | Jun 18, 2012 | POLITICS
I ran across a t-shirt that says everything about the state of our country today: Ineptocracy: A system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or... by Dr Michael Hurd | Jun 18, 2012 | Education
According to clickorlando.com and FoxNews.com, The Florida Board of Education decided in an emergency meeting last Tuesday to lower the passing grade on the writing portion of Florida’s standardized test, after preliminary results showed a drastic drop in... by Peter Schiff (G) | Jun 18, 2012 | Money & Banking
Excerpted from the new economic bestseller, The Real Crash Today, we’re accustomed to thinking of small greenish paper rectangles as the definition of money, and we think of the US government as the only source of money. To honestly discuss sound money, we need... by Dr Michael Hurd | Jun 17, 2012 | Europe, WORLD
Many are saying that the United States should bail out European economies. The rationale is self-interest. “If European economies go under, then the U.S. will go with them.” If the U.S. was not making the same kind of mistakes that European economies have been making,... by Peter Schiff | Jun 17, 2012 | Housing
While JP Morgan CEO Jamie Dimon has been credited for a confident and feisty performance today in front of Congress, he was careful to not criticize their efforts thus far to regulate the financial services industry. Given that JP Morgan has been on the receiving end... by Brian Phillips | Jun 17, 2012 | Housing, POLITICS
Swedish economist Assar Lindbeck once wrote, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.” In the late 1970s, a poll of American economists found that ninety-eight percent agreed that “a...
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