Unlimited Debt Leads to National Bankruptcy
By: Jacob Hornberger During the current debt-ceiling crisis, one thing should be painfully clear to everyone: For those people who are advocating an increase in the debt ceiling, there is no ...
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The Constitution, Congress and Government Debt
By: Judge Andrew Napolitano What would you do if you were driving a vehicle and came upon a traffic light that had both red and green lights on? Most rational folks ...
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The FDIC: Another Dark Legacy of FDR
By: Jacob Hornberger In 1933, the Franklin Roosevelt Administration brought into existence the Federal Deposit Insurance Corporation. Along with FDR’s nationalization of gold, his adoption of a paper-money system, his enactment ...
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Why Not Let Banks Fail?
By: Jacob Hornberger Imagine that for the last 100 years, the federal government’s policy was to bail out every business that was in danger of going under. The policy would consist ...
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Unsustainable: Record Spending Can’t Go On Forever
By: Mike Maharrey The biggest government in history is effectively running on credit cards. The U.S .government ran a $1.38 trillion budget deficit in fiscal 2022 despite government receipts at near-record ...
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The Founders Predicted our Economic Crisis
By: Michael Boldin Did Thomas Jefferson call the economic crisis? “Every thing predicted by the enemies of banks, in the beginning, is now coming to pass. we are to be ruined ...
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How the Supreme Court Rewrote the Constitution Part V: Killing Economic Freedom
By: Rob Natelson The first, second, third, and fourth installments in this series described how the Constitution established a relatively small federal government with limited powers and how President Franklin D. Roosevelt’s New Deal challenged that ...
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Partisan Hackery Blinds People to the Real Problem
Federal Reserve Chairman Jerome Powell recently went to Capitol Hill and testified before a House committee. The questions asked by Republicans and Democrats along with their accompanying spin once again ...
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Stimulus 3.0: Who’s Getting Paid and Who’s Paying Up?
By: Mike Maharrey On Wednesday, the U.S. House gave final approval to coronavirus stimulus bill 3.0. For those keeping score at home, that brings total stimulus spending approved during the pandemic ...
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The Real Scandal of the Spending Bill
By: Ron Paul Last week Congress passed a massive coronavirus relief and omnibus spending bill. President Trump threatened to veto the bill, saying he wants an increase in the amount for ...
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