Mike Lee Wants to End the ‘Monetary Morphine’ at the Fed

By: Daniel Horowitz (Diary)  |  April 4th at 04:05 PM  | 

What’s worse than Congress picking winners and losers and distorting the free-market with bailouts, stimulus, and tendentious interventions on behalf of specific industries?  Unelected members of the Federal Reserve doing the same through monetary policy. It is amazing to watch how many Republicans will speak with such conviction against Keynesian fiscal stimulus policies, yet they will fervently promote monetary stimulus policies by the unaccountable Federal | Read More »

The Food Stamp Party is Stimulating Poverty

By: Daniel Horowitz (Diary)  |  August 17th at 12:44 PM  | 

The loss of jobs is only half of the result of the government interventionist equation.  The other casualty of an economy driven by taxation, regulation, litigation, subsidization, monetary intervention, and debt is the crippling cost of living for all Americans.  [Yes, I was about to say middle class, but we would be wise to eradicate that sort of socialist innuendo from our vernacular.] Earlier today, the | Read More »

Time to Focus on the Fed: Oppose Peter Diamond’s Nomination

By: Daniel Horowitz (Diary)  |  May 11th at 08:42 AM  | 

The Democrats have a penchant for advancing their big government dreams through the insidious use of unelected members of government.  To that end, Obama has nominated radical ideologues to judgeships and executive agencies since the beginning of his presidency. Another unelected body of the federal government that is rapidly becoming a fourth branch is the Federal Reserve.  Due to the vitality of their creeping economic interventions, | Read More »

Time to End Fed’s Dual Mandate of Destruction

By: Daniel Horowitz (Diary)  |  April 29th at 10:44 AM  | 

Recent economic reports of Obamanomics have shown dismal GDP growth, rising jobless claims, an anemic dollar, and soaring inflation; all indications of stagflation.  There are two components to stagflation; high unemployment and high inflation.  The unemployment, along with the weak economic growth, is due in large part to Obama’s Keynesian fiscal policy of overtaxing, overspending, over-subsidizing, and over-regulating.  While the profligate spending and corporate welfare | Read More »

The Devastation of Market Distortion is Coming Home to Roost

By: Daniel Horowitz (Diary)  |  March 16th at 05:14 PM  | 

Wholesale Food Prices Highest since 74′ Food Stamps Surge in West These two headlines are quintessential examples of the perennial cycle of government intervention.  They offer a vivid portrayal of how the Democrats perfidiously inflate the price of food so that the maximum number of people will be dependent upon their food programs, thus granting them a permanent electoral constituency. Obama and the Democrat economists | Read More »