Written by Russia Today
40 years ago today former President Nixon was fighting inflation and overwhelming war costs and with that he ended the last remnants of the gold standard. At that time Nixon claimed he was defending the dollar but his critics said it was one of the most damaging decisions in modern economic ...
Written by John T. Flynn
Ludwig Von Mises Institute: The dark realities of the country had sunk deeply into Roosevelt's mind now. There were just a year and six months before a Democratic convention would meet to pick his successor. All that gaudy edifice of recovery of which he was the bemedaled architect was crumbling ...
Written by Anthony Wile
The Daily Bell is pleased to present this exclusive interview with a nine-year-old boy named Jesse.
Introduction: Jesse is a typical young boy who enjoys exploring ideas and concepts. He is an average student, who tends to enjoy recess more than doing classroom work. His teachers often say that ...
Written by Richard Ebeling
In spite of the rhetoric in the media about a national debt crisis having been averted through a rise in the government's debt limit on Tuesday, August 2nd, the fact is the United States remains very much in the midst of a fiscal disaster.
Written by NIA
Important Debt Ceiling Update
President Obama just announced late this evening that a deal has been reached to cut government spending and raise the debt ceiling in order to avoid a debt default. If the deal is approved on Monday, it will raise the debt ceiling by between $2.1 and $2.4 trillion in ...
Written by The Daily Bell
With the health of the fragile economy hanging in the balance and financial markets watching closely, the leaders said they would present the compromise to their caucuses on Monday in hopes of enacting it before a Tuesday deadline to avert default. ... The tentative agreement calls for at least ...
Written by Ellen Brown
The debt ceiling crisis can be averted by enforcing the Fourteenth Amendment, which mandates the government to pay its debts already incurred, including pensions. That means Social Security, which IS an “entitlement,” in the original sense of the word. We’re entitled to it because we’ve paid for ...
Written by Anthony Wile
The Daily Bell is pleased to present this exclusive interview with Pat Gorman.
Introduction: Mr. Gorman has been actively extolling the virtues of honest moneyfor nearly 30 years, the last fifteen of which he has spent as president of Resource Consultants, a Phoenix, Arizona based wealth advisory ...
Written by Peter Schiff
Perhaps the debt ceiling should be renamed the "national debt target," for it seems Washington is always trying to reach it. One could say it's their only reliable, time-tested achievement. And without fail, upon reaching their national debt target, they promptly extend it further in order to ...