Rick Santelli goes after the Federal Reserve and the other central banks of the world once again for their culpability in the economic collapse in the below video from CNBC. It’s been four years since the famous Santelli video went viral in which he admonished President Obama for bailing out the banks and mortgage holders. […]
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Democratic Senator wants more tax revenue but still owes taxes to D.C. government
Democratic Louisiana Senator Mary Landrieu called for more revenue for the federal government during a Capitol Hill hearing. However, the hypocrisy may seem to negate her argument because she has not paid $1,206.95 in tax penalties owed to the District of Columbia government. According to the District of Columbia’s Real Property Assessment Database, Landrieu and […]
Los Angeles seeking sales tax hike to pay for raises for city employees
At a time when the city of Los Angeles faces an overwhelming $1 billion budget deficit, Mayor Antonio Villaraigosa is seeking to impose a sales tax that would help pay for raises for the city’s employees, according to a report from the Los Angeles Times. The employee raises are estimated to cost taxpayers $167 million […]
Ron Paul reacts to State of the Union Address on Stossel
Retired Texas Republican Congressman Ron Paul appeared on Fox Business Network’s (FBN) Stossel program to discuss the State of the Union Address made by President Barack Obama this week. Dr. Paul touched upon the circus that occurs at the annual event, the liberty lovers right now in Congress and the administration’s foreign policy. Dr. Paul […]
Paul Krugman: Gold obsession, hard money brought Hitler to power
Just when you thought that Paul Krugman couldn’t get anymore silly, he publishes an op-ed in the New York Times that states the infamous hyperinflation of 1923 in Germany wasn’t the primary cause of bringing Adolf Hitler to power. Instead, it was the policy of “hard money and gold obsession.” “No, the 1923 hyperinflation didn’t […]