The Fed

What is the right response to a recession? The first rule must be to do no harm.

"There is no aspect of the free-market economy that has suffered more scorn and contempt from 'modern' economists, whether frankly statist Keynesians or allegedly 'free market' Chicagoites, than has gold."

If Congress wants to end speculation, then I would suggest beginning with the deal makers at the Federal Reserve.

Ron Paul is well aware of the limited value of the Constitution: it is a far from ideal arrangement. Nevertheless, it remains the fundamental law of the United States and, if interpreted correctly, provides an excellent means to check the depredations of a government that violates its provisions.

The only way out of this scenario is to reestablish the gold standard.

To avoid such economic crises and such unjustifiable redistribution of income from the many to the few, one has to end the legal interference that has created the present system.

There is still no such thing as a fair tax.

In sum, the real cause of continually rising food prices is the printing of money by world governments. And the real cause of actual food shortages is the prevention of profitable global trade in food by the ill-advised policies of the governments of the very people who are starving.

Brian Wesbury, chief economist at First Trust Advisors, offers in th

Gordon is incensed that a few "analysts," including myself and Professor Stan Liebowitz of the University of Dallas, have argued that the bursting of the housing bubble has caused the chickens to come home to roost, so to speak, after thirty years of government policy pressuring banks to make tens of billions of dollars in bad loans to people with low (or nonexistent) credit ratings.