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Time Bomb | Progressives’ Destruction of Private Sector Wealth and Control Of Capital and Property

The sudden and systemic collapse from every market booming to the Al Goresque hockey stick fall off into a precipice in the single month of December 2007 precipitated the Bush Recession.

It followed immediately after the stealth imposition of a directive from the foreign entity, the Bank of ...

Read more: Time Bomb | Progressives’ Destruction of Private Sector Wealth and Control Of Capital and Property

Reads: 2166

How Progressives Destroyed Capitalism and How to Restore the American Dream

How Progressives Destroyed Capitalism and How to Restore the American Dream

Critical to understand that American Capitalism did not fail

Critical to understand that American Capitalism did not fail. How and why it was caused to fail by a single stealth regulatory change November 9, 2007

Question: How did mark to market accounting start the Bush Recession and cause the ...

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Reads: 2016

New IRS Tax Data for 2008 Show Recession's Impact on Tax Receipts

New IRS Tax Data for 2008 Show Recession's Impact on Tax Receipts

Washington, DC, October 6, 2010 – All stripes of the income spectrum earned markedly less during recessionary 2008 than they had during 2007, according to newly published income tax data from the IRS.

As usual during a recession, incomes shrank by larger percentages at the top of the income ...

Read more: New IRS Tax Data for 2008 Show Recession's Impact on Tax Receipts

Reads: 638

Don’t Fear a Trade War With China

Don’t Fear a Trade War With China

The House Ways and Means Committee has just approved a billthat would attempt, albeit modestly, to crack down on Chinese currency manipulation, a key cause of America’s trade deficit.  The Ryan-Murphy currency bill (HR 2378) would allow the Commerce Department to treat currency manipulation as ...

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Reads: 604

America Aping Britain’s Decline Through Free Trade

America Aping Britain’s Decline Through Free Trade

One of the most inexcusable things about America’s ongoing economic decline by means of free trade is how clear the historical portents are.  For example, we are today treading the same path trodden by a nation that Americans know reasonably well: Great Britain.  It is easy to forget that ...

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Reads: 745

Is a Flat Tariff the Answer to America’s Trade Mess?

Is a Flat Tariff the Answer to America’s Trade Mess?

The House Ways and Means Committee has finally approved a bill that would attempt to crack down on Chinese currency manipulation, a key cause of America’s trade deficit, by threatening China with retaliatory tariffs.   Leaving aside the bogeymanof a trade war—which China is unlikely to ...

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Reads: 1462

Why Does the US Need a Consumer Czar?

Why Does the US Need a Consumer Czar?

Elizabeth Warren to be appointed White House 'consumer czar' ... The White House will announce Friday that Harvard law professor Elizabeth Warren will be appointed to be an assistant to the president and oversee the creation of a new consumer financial protection bureau. The move is largely seen as ...

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Reads: 853

Capital Rivals: Koch Brothers vs. George Soros

Capital Rivals: Koch Brothers vs. George Soros

Ever since Jane Mayer's recent New Yorker piece earlier this month, much of the media has risen to debate how much influence conservative and libertarian-leaning businessmen David and Charles Koch, the owners of Koch Industries, have in American politics.

Some critics of the article arguethat ...

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Reads: 3075

Are Consumers Finally Winning in Washington?

Are Consumers Finally Winning in Washington?

This past week the administration announced its choice for the first credit czar at the new Consumer Financial Protection Bureau. This bureau was created as part of the supposed Wall Street reform bill recently passed by Congress. This new bureau, which represents nothing more than another layer of ...

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Reads: 557

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