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 ...

Read more: Capital Rivals: Koch Brothers vs. George Soros

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 ...

Read more: Are Consumers Finally Winning in Washington?

He who owns the gold makes the rules." – An old adage

Have you ever wondered what would happen if most of the claimed US gold reserves do not really exist? Can Washington continue to operate under its own questionable and often non-existent accounting rules if it doesn't have the gold reserves as ...

Read more: Swiss Institutions Ask: Where's the Gold?

Preventing the Banking Industry from Shrinking

It may come as a surprise to many, but the relative size of the US commercial-banking industry has not declined following the so-called credit-market crisis, which developed in the second half of 2007. On the contrary, it has increased since then. ...

Read more: The Curse of Fiat Money

The Fed is proposing another round of "quantitative easing," although the first round failed to reverse deflation. It failed because the money went into the coffers of banks, which failed to lend it on. To reverse deflation, the money needs to be funneled directly to state and local economies.

In ...

Read more: How To Reverse A Deflation: Helicopter Ben Needs To Drop some Money On Main Street

Last week, in the wake of another uptick in the official unemployment rate, the administration continued to claim that their economic policies were working, just not fast enough. This administration inherited an unemployment rate of 7.7% and promised a peak of no higher than 8% if their policies ...

Read more: Successful Economic Policies? For Whom?

In our book "2010: Take Back America — A Battle Plan," we write:

"The prospect we now face is not the intermittent up-and-down fluctuations of unemployment we have had since the Great Depression. Thanks to Barack Obama's policies, we're confronting the possibility of an unemployment rate that ...

Read more: The Summer of Unemployment

EuropeNews

This is commentary on an article in The Economist, online edition, Clearing the Air. It is not radically different than other articles concerning the Federal Reserve, monetary policy and speculations about what will happen next. It deserves some analysis, for otherwise this reporting is ...

Read more: The Incompetence of the Federal Reserve