Why would someone want to become an entrepreneur in today’s United States? Mark Cuban, owner of the Dallas Mavericks and chairman of the HDTV cable network AXS TV, has gone on record by stating that it would be extremely difficult to start a business today because of the overwhelming hindrance placed on business owners. ‘Tip […]
Archives for September 2012
Marc Faber, Gov. Rick Perry call for resignation of Ben Bernanke
Following the central bank’s announcement of even further economic stimulus, some of the world’s leading financiers are urging the Federal Reserve head to step down for ruining the United States economy. Speaking with CNBC Friday, Marc Faber, finance guru and author of Gloom, Doom and Boom, called central bankers “counterfeit money printers” and said Bernanke, […]
Organized Crime: Dilorenzo’s New Book on Government
Professor Thomas Dilorenzo has another excellent book out: Organized Crime: The Unvarnished Truth About Government. It contains a series of short essays demonstrating the inherent criminality of the State in lucid example after example. Central to the book’s theme is the introduction which gives the reader an overview in understanding political economy from the Austrian […]
What Will QE3 Mean For Average Americans?
Professor Jeff Herbener sheds light on what the Fed is doing and how it will affect the average person in this video. Look out for double digit inflation in the future in addition to high unemployment. Perhaps a repeat of the 1970s stagflation but worse. Professor Herbener teaches at Tom Woods’s Liberty Classroom.
Ron Paul: Fed QE3 announcement shows ‘disastrous detachment from reality’
On Thursday, the Federal Reserve announced an initiative to flush even more stimulus into the economy. The central bank’s policy, known as quantitative easing, will result in buying $40 billion worth of mortgage-backed securities each month, but there is no end date as the Fed will analyze the results in the next few months. A […]