We have lowered our long-term sovereign credit rating on the United States of America to ‘AA+’ from ‘AAA’ and affirmed the ‘A-1+’ short-term rating. We have also removed both the short- and long-term ratings from …
Archive | Politics – National
How libertarianism Helps the Poor
For most libertarians, their first stumbling block to the philosophy was how those in need will receive assistance. Even those that count themselves as party founders still probably get a little hot flash of anger when someone calls them R…
Does Government Spending Grow the Economy?
It’s often said that WWII was the reason the Great Depression ended. Larry Summers recently proposed that the Japan tragedy would be beneficial to the world economy. (The truth is that oil dropped because they will be using less and many are pr…
OOPS! Chuck Schumer Caught Giving Marching Orders
As if we need more evidence that most US Senators are disingenuous, Chuck Schumer accidentally gave marching orders to fellow Democrats while reporters were listening: And it worked.
SEIU Plans Financial Terrorism?
By chrisspangle on March 22, 2011 in Anarchy, Finance and Economics, Labor Unions, Politics – National, SEIU
I am no fan of banks. I think most libertarians aren’t. I think institutions like the Federal Reserve (a banking cartel), the World Bank, and the IMF (International Monetary Fund) are organizations to transfer wealth from the poor to the rich wit…