Economics
European Debt Crisis Threatens the Dollar
Written by Ron Paul
The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer is the dollar's status as reserve currency for the world, and the US Federal Reserve's status as the ...
Reads: 618
Time for an Economic Bill of Rights
Written by Ellen Brown
Henry Ford said, “It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
We are beginning to understand, and Occupy Wall Street looks like the beginning of the ...
Reads: 556
CNN Defends the Fed – Calls Ron Paul Economically Illiterate
Written by The Daily Bell
Every 2012 contender attended college. They all graduated. They went to schools like the University of Pennsylvania, Columbia, Texas A&M, Morehouse, Penn State and Emory. But decades have passed since these Presidential candidates first stepped onto campus as freshmen. Is it time for an Econ ... Read more: CNN Defends the Fed – Calls Ron Paul Economically Illiterate
Reads: 669
GOP 2011 State Senate Races in Virginia Too Much Money, Not Enough Message
Written by Right Side News
In a hard fought campaign for the Virginia State Senate with 27 challengers, it would stand to reason that that the GOP would have won more than 2 seats (as of this writing, it looks like Republican Bryce Reeves will win against Democrat Edd Houck, but the race is still too close to call). Last ... Read more: GOP 2011 State Senate Races in Virginia Too Much Money, Not Enough Message
Reads: 560
ECB Preparing Italy Bailout, Massive Inflation Coming
Written by NIA
Italy's 10 year bond yields rose above 7% on Wednesday and economists from around the world are now proclaiming that these interest rates are unsustainable with Italy's national debt now 120% of its GDP. NIA believes the ECB is currently working on their largest bailout in history where they will ... Read more: ECB Preparing Italy Bailout, Massive Inflation Coming
Reads: 718
Land Ownership and the Federal Reserve
Written by with Anthony Wile
Ingo Bischoff on Why Land Cannot Be Owned, Why the Federal Reserve Was "Good" Once and What Needs to Be Done to 'Take Back' America
The Daily Bell is pleased to present an exclusive interview with Ingo Bischoff (below). Introduction: Ingo Bischoff is the president of the San Francisco ...
Reads: 962
China Runs Out of Money
Written by The Daily Bell
Companies' cash is drying up, with dire consequences for their workers ... Unpaid wages in China ... Efforts to curb inflation in China are having some painful side-effects. A squeeze on bank lending has prompted some businesses short of cash to stop paying wages to blue-collar workers. Even the ...
Reads: 864
Corporatism Is Not Capitalism
Written by The American Dream
7 Things About The Monolithic Predator Corporations That Dominate Our Economy That Every American Should Know
Right now, there is a lot of talk about the evils of "capitalism". But it is not really accurate to say that we live in a capitalist system. Rather, what we have in the United ...
Reads: 1093
The Consumption Tax: A Critique
Written by Murray N. Rothbard
The Alleged Superiority of the Income Tax
Orthodox neoclassical economics has long maintained that, from the point of view of the taxed themselves, an income tax is "better than" an excise tax on a particular form of consumption, since, in addition to the total revenue extracted, which is assumed to ...
Reads: 623
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