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Government Shutdowns, the Debt Ceiling, and Our Mountain of Debt

Government Shutdowns, the Debt Ceiling, and Our Mountain of Debt

Once again there is panic running through the halls of Congress, the Oval Office, and in the chattering classes that make up mainstream media over the government shutdown and the debt ceiling. Most of the panic is a result of the inability of politicians to reach an agreement on government spending. ...

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Catherine Austin Fitts on Moral Investing and the Coming Equity 'Crash-Up'

Catherine Austin Fitts on Moral Investing and the Coming Equity 'Crash-Up'

Introduction: Catherine is the president of Solari, Inc., publisher of The Solari Report, and managing member of Solari Investment Advisory Services, LLC and Sea Lane Advisory, LLC. Catherine served as managing director and member of the board of directors of the Wall Street investment bank ...

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Reads: 1082

Gridlock and the Change to Come

Gridlock and the Change to Come

Factional conflicts have the power to destroy empires - and republics ... Bitter fights in Washington are making the US economy look much worse than it is. The US Founding Fathers abhorred factions. The 10th Federalist Paper by James Madison in 1787 is a study of how to defend the fledgling ...

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Reads: 918

Gun Prohibition Increases the Demand for Guns

Gun Prohibition Increases the Demand for Guns

Much has been written about the economics of gun control, including Kjar and Robinson’s 2009 article that noted the lack of basic economic application to the issue, and that there are ample substitutes available to individuals intent on killing people. Although gun violence “dropped dramatically ...

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Reads: 1119

Do Taxpayers Want to Pay For Those Shut Down Government Services?

Do Taxpayers Want to Pay For Those Shut Down Government Services?

There is a common assumption among politicians that voters want a lot of government services, but don’t want to pay for them. It’s certainly true that taxpayers don’t like paying taxes, and this is demonstrated in the fact that the federal government runs a deficit virtually every single year. If ...

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Reads: 905

Did Putin Quietly Play the Debt Card Over Syria?

Did Putin Quietly Play the Debt Card Over Syria?

"They are living beyond their means and shifting a part of the weight of their problems to the world economy. They are living like parasites off the global economy and their monopoly of the dollar. If [in America] there is a systemic malfunction, this will affect everyone. Countries like ...

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Reads: 1057

Big Business, War, and Rothbard’s Class Analysis

Big Business, War, and Rothbard’s Class Analysis

This selection is from Justin Raimondo’s 1995 introduction to Rothbard’s monograph Wall Street, Banks, and American Foreign Policy, in which Rothbard further develops libertarian class analysis in an examination of how “big business” and other monied elites have consistently controlled American ...

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Reads: 1074

Record High Demand For Physical Gold Threatens To Break The Back Of The Paper Gold Market

Record High Demand For Physical Gold Threatens To Break The Back Of The Paper Gold Market

The demand for physical gold is exploding all over the world, and bullion banks are now experiencing a supply crunch that is absolutely unprecedented.  As physical demand continues to rise, the massive Ponzi scheme that the bullion banks have been engaged in is going to become increasingly ...

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Reads: 1594

The Era of Militant Statism

The Era of Militant Statism

[Part 3 of “In the Shadow of Dr. Lueger,” Independent Review, 2013. Click here for Part 1 and click here for Part 2.]

During the age ushered in by people such as Dr. Lueger, the voice of the majority (a class, a race, a nation, or a religion) became the law of the land; minority groups had to wait ...

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Reads: 1234

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