By Bill Wilson – There is a con game being played on the American public. At the same time governments around the world are proposing increasing the amount of money banks must hold in reserve to 7 percent, they are rigging the definition of what constitutes risk. Dubbed […]

By Bill Wilson – Left-wing pundits and their cronies in Congress delivered a well-timed second punch to the Obama news conference on the continuing fight over an increase in the U.S. debt limit today. While Obama tried to show he was “involved” in the negotiations, his henchmen […]

By Bill Wilson – As America celebrates its 235th birthday this July, citizens are increasingly becoming aware of a new danger to the nation’s independence and sovereignty. It was identified as the number one threat to our national security by Chairman of the Joint Chiefs of Staff, Admiral Mike Mullen . It is the skyrocketing $14.3 trillion national debt. It is why in poll after poll a majority of Americans oppose raising the […]

By Bill Wilson – On July 22, the Congressional Budget Office’s (CBO) issued its latest long-term projections on the growth of the national debt .  Astonishingly, as bad as the numbers issued by the CBO were, the debt crisis the nation faces is even worse than we are being told. The CBO analysis does not take into account the full $14.344 trillion national debt , nor does it reflect the $430 billion in gross interest payments we are paying every year . […]

By Bill Wilson – It is time for congressional Republican leaders, including House Speaker John Boehner, to play hardball on the debt ceiling. The only way House Republicans’ leverage on the debt ceiling will work is if they’re willing to not increase the debt ceiling. Because, if […]

By Bill Wilson – What is the price of a bailout? Nominally, it’s how much a central bank or legislature has to print or spend, respectively, to save a failed institution from its own stupidity. For example, the Treasury has dedicated more than $150 billion to bailing […]

By Bill Wilson – Everyone tends to pull a punch now and again, even here at Americans for Limited Government.  Things go unsaid, but sometimes they must be said.  Today is one of those days. The beauty of a recent piece by Euro Pacific Capital CEO Peter Schiff, “End Game,” is that it pulls no punches.  In it, Schiff […]

By Bill Wilson – It’s the second time within a month, but I agree with the New York Times’ Paul Krugman.  This time, he writes that “bankers and wealthy individuals with lots of bonds in their portfolios” can count on the government to “protect the interests of creditors, no matter the cost”. […]

By Bill Wilson – As the Obama Administration continues to be weighed down by bad economic news, including a double dip recession in housing and rising foreclosures, it is flailing about to improve the housing market it promised to turn around. This is not all that surprising […]

By Bill Wilson – Eyebrows were raised on June 3 when it was reported that China is divesting itself of shorter-term U.S. treasuries . According to U.S. Treasury data, China’s holdings of short-term bills have dropped from $210 billion in May 2009 to $5.6 billion in March 2011 , a 97 percent decrease. Pundits have assured us the Chinese wouldn’t do this. Don’t worry about a run on the dollar, the conventional wisdom advised, it’s not in China’s interests […]