This week-long Economic Collapse News series will feature three candidates vying for a seat in the House of Representatives and Senate. Each candidate will provide his take on the Federal Reserve, their pick to replace Chairman Ben Bernanke and their view on monetary policy. Part one of our series looks at Montana Libertarian Senate candidate […]
Archives for October 2012
Germany doesn’t trust the Federal Reserve with its gold reserves
My colleague over at Digital Journal reported on a very interesting story consisting of gold, Germany and the United States Federal Reserve System – these are certainly topics that ECN enjoys. Anyway, the German government had ordered the Bundesbank, the nation’s central bank, perform an audit of its gold reserves at the Fed. Apparently, a […]
Why milking the rich will never resolve Washington’s debt issues
Part of the presidential campaign rhetoric this election season has been taxing the rich because the United States federal government needs to invest even more money in education, tackle the trillion-dollar-plus budget deficit and make the affluent in society pay their fair share. It’s a noble goal and it seems the bureaucrats, public officials and […]
President Barack Obama takes on Ayn Rand in interview
Did President Barack Obama diss legendary objectivist author and philosopher Ayn Rand? The president sat down with Rolling Stone and was asked if he ever read any of Rand’s compelling and groundbreaking work (note, “compelling” and “groundbreaking” were not used in the interview). Obama did say that he read it when he was younger, but […]
Does it really matter if Canada’s paychecks are going up?
This week, I reported about a new Statistics Canada report that suggests the average paycheck for a salaried Canadian worker in the month of August was $907. It noted that it’s a 3.6 percent rise from a year ago and the trend shows the earnings are rising at a fast pace. What do I say […]