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America Drops Out of the Top 10 Economically Freest Countries

This, simply should not be. Despite what the poverty wranglers will tell you, wrapping red tape around an economy is no way to increase economic opportunity, and certainly not “justice.”

Lower taxes for businesses and individuals, cut the bureaucracy, reduce the impact of the state in people’s lives and watch the economy grow and thrive. Continue on the slow suicidal economic path we are on currently and watch the quality of life continue to go down for everyday Americans.

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More Taxes and Tuition Buy Time for the Pension Bubble

By Ed Ring, executive director, California Policy Center

 

“The ‘recovery’ is largely an illusion created by the effects of zero percent interest rates, quantitative easing, and deficit spending. The asset bubbles that have been created as a result of these policies have primarily benefited the owners of stocks, bonds, and real estate (the rich), while simultaneously deterring the savings and capital investment that is needed to actually create good paying jobs and increased purchasing power.”

-  Peter Schiff, EuroPacific Weekly, November 6, 2014

The question everyone should be asking, especially the managers of public employee pension funds, is how much longer our economy can run on zero percent (adj. for inflation) interest rates, quantitative easing, and deficit spending.

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Chuck Schumer: Passing Obamacare in 2010 Was a Mistake

I’d say passing Obamacare at any time was a mistake. The program was and is a train wreck which is still piling up. The Dems know it. The American people know it. And it is the reason, to a large degree, why the Senate and the House are in GOP hands.

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Why the New York Fed Annoys Republicans and Democrats Alike

By far the most secret and least accountable operation of the federal government is not, as one might expect, the CIA, DIA, or some other super-secret intelligence agency. The CIA and other intelligence operations are under control of the Congress. They are accountable: a Congressional committee supervises these operations, controls their budgets, and is informed of their covert activities. It is true that the committee hearings and activities are closed to the public; but at least the people’s representatives in Congress insure some accountability for these secret agencies.
It is little known, however, that there is a federal agency that tops the others in secrecy by a country mile. The Federal Reserve System is accountable to no one; it has no budget; it is subject to no audit; and no Congressional committee knows of, or can truly supervise, its operations. The Federal Reserve, virtually in total control of the nation’s vital monetary system, is accountable to nobody – and this strange situation, if acknowledged at all, is invariably trumpeted as a virtue. – Murray N. Rothbard from The Case Against the Fed

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