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Introducing The Sound Money Promotion Act, S. 1287
Want to stop deficit spending? Shut off the Fed's printing presses because at this point, the Fed is buying most federal debt with dollars it printed up in the basement. The simple act of requiring [...]
A Debt Ceiling Fold Imminent? Probably.
I have this sinking (but totally expected) feeling that Republicans are about to sell out us and the nation yet again. Before we get to that, though, let’s begin with some good old fashioned class [...]
“Shovel Ready” Laugh Not the Only Outrage
The sight of President Obama and General Electric CEO Jeffrey Immelt laughing at the lack of “shovel ready” jobs wasn’t the only outrage produced by the recent meeting of the President's Jobs and Competitiveness Council. [...]
Does Anyone Remember Lehman Brothers?
T-Bill rates now negative, general collateral at 1 (ONE!) basis point (=0.01% interest). Negative interest rates mean that you are willing to pay someone to hold your money on the belief that you will get [...]