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Tag Archives: congress
Why Chimpanzees Throw Poop at Zoo Gawkers
Can you believe it? The 2012 fiscal year budget deficit is on track to eclipse $1 trillion a year for the fourth year in a row… According to the Treasury Department, “through the first nine months of the budget year, … Continue reading
Posted in Inflation, MN Gordon
Tagged congress, currency, debt, gold, john maynard keynes
3 Comments
Celebrating Independence Day with Gratitude
Uncompromising independence and limitless personal freedom were once essential to the American character. According to popular American folklore, they still are. We have some reservations. No doubt, America was at one time the land of the free. Of course, that … Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, debt, food prices, government action, government meddling, liberty
1 Comment
The Greatest Fraud of All
“As always, the Federal Reserve remains prepared to take action as needed to protect the U.S. financial system and economy in the event that financial stresses escalate,” said Federal Reserve Chairman Ben Bernanke to Congress last Thursday. The stock market … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, congress, federal reserve, government meddling, monetizing debt
1 Comment
Kodak Moment for Uncle Sam
Dinosaurs must die. It’s a fact of life. Just ask Kodak. Last week, after 123-years in business, it was reported the dinosaur company is preparing to file for bankruptcy protection. By market close on Friday, the former blue chip’s stock … Continue reading