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...
by Dr Michael Hurd | Jun 16, 2012 | POLITICS
To his supporters and apologists, Barack Obama is a leader of unprecedented vision. This may be true when it comes to visions of spending other people’s money and expanding the federal government way beyond its already bloated, dysfunctional state. But it...
by George Selgin | Jun 16, 2012 | Money & Banking
Persons familiar with my writings on monetary reform know that, far from being anyone’s idea of a gold bug, and despite my conviction that those monies work best that governments govern least, I’ve always shied away from arguing that we ought to...
by Dr Michael Hurd | Jun 15, 2012 | POLITICS
The Federal Reserve is reporting that American families have about the same net worth under the Obama administration that they had 20 years ago when George H.W. Bush occupied the White House. The Fed’s findings, which are contained in its latest Survey of Consumer...
by Dr Michael Hurd | Jun 14, 2012 | POLITICS
The latest economic numbers are not looking good. It’s becoming harder for Obama to fudge them. Obama’s response? He says “we’ve still got a lot of work to do.” More work to do? What exactly does Obama plan to DO that he hasn’t...
by Dr Michael Hurd | Jun 13, 2012 | POLITICS
More from the articulate Florida Rep. Allen West: “What have we seen happen recently, in the last 10 years? A food stamp program that has gone from about $20.6 billion to over $75 billion in allocation of funds. A 267 percent increase. That’s not how you empower...
by Dr Michael Hurd | Jun 13, 2012 | Healthcare
The New York Times reports that a new trove of emails shows President Barack Obama’s White House agreed to help drug companies block a proposal to bring down medicine prices so they would back Obama’s healthcare plan. House Republicans obtained the three-year-old...
by Dr Michael Hurd | Jun 12, 2012 | MARKETS
We’re taught in school that it’s workers who make the world go ’round. Actually, it’s not just workers who make everything happen. It’s producers. Producers are the people who take care of themselves. A producer can make minimum wage, a...