By ALG News – Americans for Limited Government President Bill Wilson today condemned Federal Reserve Chairman Ben Bernanke for “lying about the Fed participating in a bailout of Europe in response to the rapidly escalating sovereign debt crisis,” and called for a Congressional investigation into the Fed, […]

Ludwig von Mises discusses the difference between Capitalism and Socialism in terms we can all understand and commiunicate to others: A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. […]

By Robert Romano – Government just needs a little more power, it says. Proponents of unlimited bailouts are once again blaming the management of bailouts for their inherent failures to mitigate the crises they profess to avert. Last week, the EU Monetary Affairs Chief Olli Rehn blamed the financial crisis on the “failure” of the federal government to save Lehman Brothers from bankruptcy , and used the example to justify an […]

By Andrius Vaitekunas Inside of the Dodd Financial Takeover Bill there is a little known provision that allows the government to monitor all financial transactions :

By Adam Bitely – As we have been saying here all week, the Democrats intend to monitor personal financial transactions if the Chris Dodd Financial Takeover Bill passed. According to CNS News : If banks don’t comply, they can be subpoenaed by the director of the Financial Stability Council. Democrats saw no problem […]

From the always wise, Ludwig von Mises, on Capitalism: Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to […]

By Kevin Mooney – Greece has passed its audition for a bailout from other European Union states after running up its debt. The New York Times would have readers believe that tax cheats are the central problem here. But extravagant government benefits and entrenched union […]

By Bill Wilson – Yesterday, global markets had quite a scare as news emerged that European banks might shut down lending amid increased fears that the sovereign debt crisis is spreading beyond the borders of Greece. Despite the adoption of the IMF-EU €110 billion bailout , and the passage of austerity measures, traders still are not confident that Greece will not ultimately […]

By Robert Romano – Yesterday, Congressman Barney Frank (D-MA) is attempting to defend Fannie Mae and Freddie from a bombardment of criticism over its primary role in contributing to the housing bubble that, when it popped, nearly brought down the financial system, reports Politico . Frank, one of the […]

By Howard Rich – A little over a year ago, a columnist for the newspaper that once served as the official communications organ of the Central Committee of the Union of Soviet Socialist Republics (USSR) had some choice words for what remains of America’s free […]