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Iceland’s politicians forced to flee from angry protesters. The bankers’ flag reads: “Slavery”
Our coverage of the Iceland meltdown continues. As you'll recall, the three major banks in tiny Iceland (Glitnir, Kaupthing, Landsbanki) went on a borrowing and derivative-fueled lending spree. Icelandic banks opened bank branches in the [...]
RTP Blogger in Richmond Times-Dispatch
Our own Craig Comess has an excellent column in today's Times-Dispatch about constitutional adherence. Check it out: If Congress can require us to purchase health care, what is there to stop lawmakers from requiring that [...]
How Real Money Behaves in a Deflation
In my last post I talked about the problems with economic forecasting, with economists in general, and with the seeming inability of anyone to explain what in the heck is going on. Well, I believe [...]
Tea Party Has Elites on the Run
Tony Blankley, one of the most astute political commentators, published a column on Sept. 29 titled “Tea Party Has Elites on the Run.” He believes that the Tea Party, by stressing virtues that the elites [...]