Walter Block, a famed Austrian economist and author of “Defending the Undefendable,” appeared on CNBC to discuss the concept of privatizing roads, an argument he has been in favor of for quite a while. Although it would suffice to say that many American motorists oppose such an initiative because they fear it’ll lead to higher […]
Archives for July 2014
6 ways to save money on your utility bill this summer
Energy costs are skyrocketing across the country. With the summer season fully in swing, households are pumping out the air conditioner and utilizing many appliances to keep cool during these hot months. Of course, the summer season also comes with an abundance of entertainment and plenty of cooking. With a couple of months left for […]
Student loan changes come into effect: higher interest, relief for default borrowers
Right now, students entering college are sifting through many options that could very well change their life forever. From college major to what university, from tuition rates to dorm costs, millions of families are crunching the numbers and determining how much they’re going to be spending over the next four to seven years. A new […]
David Stockman: Corporate bonds are ‘IEDs’ of Federal Reserve monetary policy
Corporate bonds are the IEDs of the Federal Reserve’s monetary policy and central economic planning that will soon detonate on Wall Street, says David Stockman, former Reagan budget director and bestselling author of “The Great Deformation.” Writing another extensive, in-depth piece on his Contra Corner blog entitled “Corporate Bonds Are The IEDs Of Monetary Central […]
Whites prohibited from owning land in Robert Mugabe’s Zimbabwe
Since entering office in 1980 when fighting for Zimbabwe independence, President Robert Mugabe has sent the once prosperous African nation into an economic and societal downfall. Stemming from his Marxist teachings, his thirst for power and his hatred for Caucasians, Mugabe has established a toxic place where Zimbabweans call themselves “starving billionaires.” One policy that […]