News Story of the Day: Then-presidential candidate Ronald Reagan coined the famous political phrase: “Are you better off than you were four years ago?” Well, it seems presidential candidates can ask this question during the next round of primary and general election debates. Why? Despite the boom in the labor market – the boom and […]
Archives for September 2015
Video: Does free speech offend you?
Does free speech offend you? Some people have thicker skin than others. It seems nowadays, a person will look or listen to something and ask themselves: “am I offended by this?” It seems there’s a news article everyday about how someone is offended by a new toy, a piece of clothing or a comment made […]
Ron Paul Responds to Paul Krugman: ‘The failure of Keynesian economics is loud and clear’
For some reason or another, Keynesian economist Paul Krugman decided to attack former Texas Republican Congressman and three-time presidential candidate Ron Paul by calling him a “crotchety crank.” This is about as mature as calling everyone who disagrees with him “derp” or calling for a space alien invasion to ignite economic growth or urging the […]
Peter Schiff: Federal Reserve knows if it raises rates ‘everything is going to collapse’
The debate as to whether or not the Federal Reserve will hike interest rates lingers on, at least until the next Federal Open Market Committee (FOMC) meeting. The general consensus is that the United States central bank will raise interest rates in September, and possibly again in December. But some are skeptical because of the […]
IMF to G20 Central Banks: Don’t raise interest rates just yet
The central banks of the world should delay raising any interest rates, says the International Monetary Fund (IMF) in a new letter to group of 20 finance ministers and central banks. The IMF argued that there are still plenty of risks to the global economic growth, and hiking rates could derail any momentum that has […]