Few presidents—if any—in our lifetimes have done as much damage as George W. Bush did in his eight years in office. Unfortunately, a number of pundits are trying to rehabilitate his disaster of a presidency to contrast him to President Trump.
Fed Chairman Jerome Powell’s claims to want to protect the “independence” of the Federal Reserve ring hollow. Following sound monetary policies is more important than the theoretical “independence” of the central bank.
In case you haven‘t noticed, housing prices are not rising like they did a short time ago, thanks to higher interest rates. Bringing down those rates, however, will increase inflation and make housing less affordable.
The federal government taking an ownership stake in Intel is neither a promising new approach to governance nor an unprecedented leap into economic fascism. It’s simply Trump embracing the corrupt status quo he ran against with a superficial rebrand.
“Because these meetings are held in the glare of world-wide media coverage, the parties to a dispute will be reluctant to make concessions.”
The US Cuban embargo continues, to the detriment of both countries. Not surprisingly, Murray Rothbard had strong opinions on the embargo, as he believed that US policies not only were self-defeating, but were outright harmful.
Modern historians no longer seek historical truth but rather analyze history through series of politically-based narratives. But what happens when those narratives are effectively challenged? Mainstream historians then simply ignore the results and simply repeat what they have been saying.
The Fed by design feeds the political machine in DC by concealing the costs of government spending. The Fed serves the government, not the American people.
Keynesian economists claim government budget surpluses are national savings, but real savings drive capital development. A surplus just means more revenue to the government, not the private economy.
For all of the talk about the need for “limited government,” we should always remember that the government has a legal monopoly on violence, and it uses that legal privilege often.
