On March 9th, 2009 the S&P stock index hit a low of 666. Also appearing on 3-9-09, was Jeffrey Tucker’s article “Dress Like the Great Depression.” Tucker was preparing job seekers for a new sensibility in work attire, writing “be ready for today’s tight job market, which seeks serious men, not goofs in sweats and polos.”

Exhibit A: Jeremy Grantham, a highly respected and successful value investor, wrote::

Once upon a time, I developed a theory that we have much lower expectations for public-sector performance than we do for private-sector performance.1 We saw this in accounting standards that — when applied to Enron — resulted in market forces shutting that firm down, while the Department of Defense loses billions of doll

Bukharin was simply one of millions, mostly peasants, who would die in a reign of terror.

Is it possible to both oppose Gaddafi and oppose a war on Gaddafi? Absolutely. This is a position that all Americans should adopt. In the same way, it is possible to oppose the Obama administration but also oppose having a foreign army oust him in order to liberate us.

Since it began operations in 1914 the Federal Reserve System (”the Fed”) has presided over a relentless decline in the value of the US dollar. Prices increased in 83 of the 97 years of the Fed’s existence. Over the last 60 years, beginning in 1950, prices rose in 58 of them. As a result the cumulative loss of the dollar’s buying power during the Fed’s existence has been staggering. For example, today a consumer pays $22.13 to purchase a basket of goods comparable to a basket that a consumer in 1913 would have paid $1.00 for.