Another of the Fed’s unintended consequences is the freezing of the very credit markets they are trying to stimulate.
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Ferrara should have used the recovery from the Depression of 1920-21 as his model, when the relatively free market rebounded mightily, recovering fully within 18 months.
Polls taken by the prostitute press aren’t to be trusted. Rasmussen has a closer feel for what people really think.
By focusing exclusively on the fiscal costs of the amnesty bill now before congress, the authors miss the larger cost: the loss of national sovereignty that this bill encourages.
These results were a bit of a surprise until I took a look at the group behind the poll, the questions they asked and their agenda.
This is a republishing of an article from last week which now includes some revisions and expansions and clarifications that my editor at The New American suggested before it is published in an upcoming print edition of that magazine.
The German model highly touted as the perfect solution to reviving economies has now been shown to be not only a myth but a fraud.
The establishment economists got it wrong once again. The dreams of the recovery keep getting interrupted by the loud clanging of reality.
CNN is a mouthpiece for the president and dutifully reports whatever the White House wants it to.
It’s a war out there: a war of perceptions. Reality doesn’t matter. The perception of reality does.