06.01.2011

By Bill Wilson – The New York Times has launched its trial balloon for the Federal Reserve to begin yet another round of so-called “quantitative easing” to, it thinks, help the economy. In its May 30 editorial, “The Numbers Are Grim,” the Times calls for the Fed to, among other things, “be prepared to continue measures […]
05.31.2011

The House of Representatives will have a vote at 6:30 pm tonight on raising the debt ceiling. The bill that Congress is considering is a “clean” bill, meaning that the bill has no other items attached to it and will just simply raise the ceiling. […]
05.31.2011

By Kevin Mooney – After expressing skepticism toward the concept of man-made global warming at a town hall meeting in Toms River, N.J. last year, Gov. Chris Christie appears to have shifted over into the alarmist camp. This has become a sore-point for free-market conservatives […]
05.27.2011

By Bill Wilson – As Congress stands at an impasse over increasing the $14.294 trillion national debt ceiling, where Republicans are demanding trillions of dollars of spending cuts and Democrats trillions in tax increases, it is worth contemplating just how the nation’s finances have gotten so rapidly […]
05.26.2011

Just because the U.S. hits the debt ceiling it does not mean that the U.S. immediately defaults on its debt, as popular left-wing claims have rang aloud. As I noted more than a month ago, the claim that we automatically default is a big lie . First, as Conn Carroll at the Washington Examiner noted today, […]
05.26.2011

By Rick Manning – It’s official. There is a housing crisis in America. The New York Times has weighed in with their prescription for the housing woes plaguing our nation’s economy. Not surprisingly, their solution is more government intervention, billions more on government loan modification programs that are proven failures 40 […]
05.25.2011

No surprise here, but taxpayers are definitely losing money on the bailout that was engineered by Obama and Bush for General Motors. As Shikha Dalmia wrote at Reason (bold text done for emphasis): …Bloomberg’s survey of 21 auto analysts put the average projected price for GM […]
05.25.2011

By Adam Bitely – Friedrich August von Hayek and John Maynard Keynes have been the central part of a near century long battle over the role that government should play in the economy. Time and again, the ideas and theories of Keynes and Hayek have […]
05.24.2011

By Bill Wilson -In April, the people of Iceland went to the polls, decisively rejecting a bailout of British and Dutch investors who lost billions in the Icesave bank in 2008. Iceland is the rare example of a nation that allowed its banks to fail in the […]
05.23.2011

By Kevin Mooney — Unelected federal agents who are working to regulate and control the free market economy even after the collapse of “cap and trade” legislation have been called out thanks to Americans for Limited Government (ALG) and its top researchers. The legislation now […]