The phrase ‘Too Big to Fail’ has been used alot since 2008, in reference to various financial firms – and the notion that because of the size of said conglomerates, the failure of any one firm would devastate the economy… The common narrative in such use, is that we need to break up our banks into smaller ones, and this will somehow prevent another 2008 | Read More »
We hear complaints on this subject from time to time – in the past it was Bush’s opening Gitmo, the 2006 Military Commissions Act, and now it’s the NDAA & Obama not closing Gitmo… Supposedly, this is a ‘grave violation’ of people’s rights, and we should all be very, very afraid because ‘It might be us next’… Predictably enough, it’s usually lefties, extremists, libertarians, and | Read More »
In the past, the US relied heavily on tariffs to fund our government – the concept of free trade is relatively new. Yet by and large, the majority of mainstream conservative movement leaders support free trade. Why is this? Is it right? And if so, why? I believe the answer to the above is ‘Yes, it’s absolutely right, the reasons are mainly economic (with some | Read More »
We went through this in 08, and now it’s happening again… People – often Conservatives (who should be familliar enough with our monetary system to know better) – claim that inflation – supposedly driven by ‘money printing’, government spending, or government debt – is the ‘real reason’ for the rising price of gas Every time, they’re WRONG. Here’s why ‘Inflation’ (which, BTW, is NOT caused | Read More »
Perhaps this is somewhat motivated by Gingrich’s recent sop to Paul voters – where he advocated forming a ‘Gold Commission’ and investigating a return to the gold standard or at a minimum a mandate for the Fed to focus on ‘price stability’…. To be fair, Perry (whom I support) made a similar mistake earlier on in the campaign, criticizing the Fed for it’s monetary policy | Read More »
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