Bill Charms. Hillary Squirms.

Posted on March 12, 2015

The liberal Washington Post reports the following: Senior Democrats are increasingly worried that Hillary Rodham Clinton is not ready to run for president, fearing that the clumsy and insular handling of the nine-day fracas over her private e-mails was a warning sign about the campaign expected to launch next month. Few Democrats believe that the […]

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Free Market Money vs. FED and Greenbacks

Written by Robert Murphy on March 12, 2015

For more than a century, skeptics of government power have rightly focused on the damage caused by interventions in money. As the market’s classic commodity monies have been displaced by unbacked State-issued paper, libertarians — particularly those versed in Austrian economics — have disparaged fiat currencies and championed commodity-based money, especially gold and silver. Unfortunately, […]

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FED: “Recessions R Us”

Posted on March 12, 2015

By David Stockman So now the third immense financial bubble of this century has been fully inflated. And there are abundant signs that what we really have is a Great Immoderation—–a baleful, not beneficent, development that can be laid exactly at the door step of the central bank. Specifically, yesterday’s abysmal data on the soaring wholesale sales/inventory ratio (I/S ratio) is not […]

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How to Teach the Civil War

Written by Gary North on March 5, 2015

This was posted yesterday on a www.GaryNorth.com forum. Kids intro to US Civil War My 9-year old son would like to read a book on the War Between the States. Any recommendations? Little boys like to play war. They like to play with toy guns. They want to read about war. They like to read […]

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Kiss Retirement Goodbye

Written by Gary North on March 5, 2015

The New York Times has sounded the alarm. Word is getting out to the intellectuals. It is not getting out to the general public. Here is reality: Here is something every non-rich American family should know: The odds are that you will run out of money in retirement. On average, a typical working family in […]

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Stan Evans, RIP

Posted on March 5, 2015

David Franke was one of the original founders in the mid-1950’s. Here, he relates stories of M. Stanton Evans, who died of pancreatic cancer at age 80 on March 3. I met Evans in 1970. We chatted on the phone from time to time. Not often enough. His father was Medford Evans, a regular book […]

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Nasdaq 5000: Dead End

Posted on March 5, 2015

by David Stockman The robo-traders and Wall Street punters were busy painting the tape yesterday, and did bump the Nasdaq composite across the magic 5,000 threshold for the first time since March 2000. But even as Wall Street urged home-gamers to “return with us to the thrilling days of yesteryear”, the caveats about “this time […]

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The Iran Nuclear Threat

Written by Robert Murphy on March 5, 2015

by Robert Murphy I am a professional economist, not a military strategist or historian. Nonetheless, I think I can offer some perspective on typical arguments for U.S. government military action. Consider the following excerpt from a NYT article by Chris Hedges, titled, “Iran May Be Able to Build an Atomic Bomb in 5 Years, U.S. […]

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Four Consecutive Triple Doubles. Ho, Hum.

Written by Gary North on March 5, 2015

The L. A. Lakers’ legendary announcer Chick Hearn coined the phrase “triple double.” It refers to double digits in scoring, rebounding, and assists in one game. This headline caught my eye: Westbrook Becomes 6th Player to Record 4 Straight Triple-Doubles. NBA fans have short memories. In the 1961-62 season, Oscar Robertson averaged 30.8 points, 11.4 […]

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Subprime Auto Loans Take a Hit

Posted on March 5, 2015

by Wolf Richter Wells Fargo, which originated $30 billion in auto loans last year, has for the first time put a cap on subprime auto loans, limiting the dollar volume of subprime loan originations to 10% of its total auto loan originations. The New York Times reported that the bank, “according to people briefed on […]

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