Category: Economics

Nancy Pelosi addressed the 2010 Legislative Conference for the National Association of Counties earlier this week. With her vacuous hyperbole, Pelosi confirmed, yet again, that she and Maxine Waters are cerebrally indistinguishable from cork. Being a fervid pursuant of the …

Remember last fall when you used some duct tape to “repair” the flashing on your chimney instead of calling a professional roofer. You don’t? How about noticing the stains on the ceiling and the water running down the wall above …

In arguably the greatest James Bond movie of all, “Goldfinger,” Auric Goldfinger, played marvelously by Gert Frobe, planned to increase the value of his gold by setting off a small dirty nuclear bomb inside Fort Knox, rendering the gold there …

Federal Reserve chairman Ben Bernanke is a devotee of Keynesian economics, which is to say that he is incapable of learning from experience. Either he can’t comprehend that the Fed’s excessive fiat money creation always precedes bubbles of economic …

Thanksgiving day progressed in somewhat the usual manner, sleeping in; savoring our coffee; reading the news; putzing around on the computer; and at least one of us (me) working out in anticipation of moderating the inevitable consequences of splurging on …

Just two months prior to the American economic meltdown, Congressman Barney Frank was still swearing the solvency of Fanny Mae and Freddy Mac to a Bush Administration that had requested more than 15 times an investigation into the financial standing …

Remember those speeches President Obama made about the importance of getting things done quickly? No time to waste? We hesitate at our peril?

More so than any other time in our history, Americans are beginning to believe there are no solutions to the many crises that we are experiencing.

Since the advent of the Federal Reserve System in 1913, monetary authorities have repeatedly upped the narcotic dosage as a remedy for the pains of easy money and credit addiction.

It’s so simple that a six year old should be able to understand it, you can’t spend over a trillion dollars and expect to lower your debt, a first grader can figure this simple principle out. If you spend a …

Foreign central banks, suffering from the Treasury and Fed-engineered decline in the dollar’s value, are moving new currency reserve investments from the dollar into Euros and Yen.

By: Ben Cerruti

I ran across this graph at http://www.campaignforliberty.com which I think every American should view. A picture is worth a thousand words and this one illustrates what the Federal Reserve System, aided and abetted by the Federal Government’s …

Keynesian macroeconomics, the mythology favored by liberal-progressives ranging from President Obama to New York Times propagandist Paul Krugman, is a rationalization for massive expansion of deficit spending and socialization of the entire economy.

By Ben Cerruti

Reading what follows may be of help if you are one who would like to have a better understanding of what the recent and future actions of our government may have on our economic future.

Labor Unions are a throwback to the days of travel by horseback, when highwaymen fell upon lone travelers, beating them and robbing them of their possessions. Unions still have the ambivalent status of thugs, to their victims, and Robin …