Keynesian economist Paul Krugman is one of the most celebrated financial minds in the world today. The mainstream media immediately seeks Krugman for a quote, he is invited to television talk shows, he publishes frequent columns in the New York Times and liberals usually cite Krugman to put forth their agendas. One thing is wrong […]
Archives for May 2013
Economist Walter Williams: ‘Americans deserve the IRS’
Renowned conservative economist Walter Williams published an op-ed piece Wednesday on Town Hall in which he discusses the recent IRS targeting of Tea Party organizations and other conservatives. Although there has been outrage by the right – and a little bit by the left – Williams concludes that American taxpayers deserve the IRS. Williams, who […]
Senior citizens’ debt soars 83% since 2001, youth not saving for retirement: studies
How do you picture retirement? Will your retirement be filled with jumping out of airplanes, skiing in Switzerland and reading a book on a boat? Or will your winter years be comprised of working full-time in order to pay off your debt and maintain a roof over your head? In this economy, it’s the latter. […]
Libertarian Party urging for cuts in government to pay for collapsing bridge repairs
Last week, a Washington State bridge collapsed and sent cars and motorists into the cold Skagit River. This has raised concerns over the safety of the nation’s aging infrastructure. Federal government officials and state legislatures have cited the country’s need for road and bridge repairs as reasons to not cut spending. Governor Jay Inslee announced […]
Central banks boosted gold holdings in April amid plummets in price
Although financial experts encouraged investors to sell their gold holdings, central banks didn’t listen much to that advice. The International Monetary Fund (IMF) issued a report Monday that showed central banks, particular Azerbaijan, Kazakhstan, Russia, Greece, Turkey and Belarus, added gold to their reserves in the midst of the declines in the price of the […]