by John Browne | Dec 16, 2010 | Investing
Pre-holiday cheer is certainly evident in the financial markets. The overwhelming consensus is that the Congressional agreement to not raise taxes while extending hundreds of billions in new stimulus will finally allow the recovery to take hold. The good feelings are...
by Dr Michael Hurd | Dec 14, 2010 | Healthcare, POLITICS
Federal Judge Henry E. Hudson ruled Monday in favor of Virginia’s claim that the requirement for people to purchase health care exceeds the power of Congress under the Constitution’s Commerce Clause or under the General Welfare Clause. “It is not the...
by Peter Schiff | Dec 14, 2010 | Investing
?Despite the fact that the S&P is up over 80% in the last 21 months, US financial firms are currently tripping over each other in their zeal to raise their S&P 500 and GDP targets for 2011. JPMorgan’s chief US equities strategist, Thomas Lee, came out on...
by Richard E. Ralston | Dec 14, 2010 | Constitution, Healthcare
The writers of the U.S. Constitution were very much aware of the need to set firm and specific limits on the powers of government. Hundreds of years of the British Monarchy, and study of the failures of republican forms of government as far back as ancient Greece and...
by Dr Michael Hurd | Dec 13, 2010 | POLITICS
Many people argue that the Troubled Asset Relief Program (known as TARP) is an example of government intervention in the economy being necessary. If government hadn’t intervened, the argument goes, the economy wouldn’t have stabilized and our severe...
by Dr Michael Hurd | Dec 12, 2010 | POLITICS
And so it begins. Michael Copps, of the Federal Communications Commission (FCC), has suggested a “public value test” to determine who should, and should not, hold licenses for television and radio. Read this as: Shut down Fox News. But there’s a much...
by Peter Schiff | Dec 11, 2010 | Investing
This week Washington displayed the kind of “bipartisanship” that will bankrupt our country and wreck our currency. Coming at a time when both parties say they want to address our long-term fiscal imbalances, the compromise extension of the Bush era...
by Amy Peikoff | Dec 11, 2010 | POLITICS
?Today former President Bill Clinton held an impromptu press conference in order to support the tax-cut deal that Obama reached with some Republicans. The mainstream media is already speculating that the circumstances of the conference, the demeanor of Obama and...
by John Browne | Dec 8, 2010 | Investing
Despite America’s economic problems, the US dollar has maintained its respected status the world over – and has even managed to maintain value in comparison to other currencies. It appears that the dollar will likely finish 2010 at the same levels that it...