Last night, I continued my schedule of attempting to catch up with the interviews of William F. Buckley. Considering how I was born in 1988, it was rather difficult to watch the program live, especially in the household I grew up in. Anyway, on one episode of Buckley’s “Firing Line,” the 1988 Libertarian Party presidential […]
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Marc Faber on Economy: ‘There will be pain and there will be very substantial pain’
Over at Examiner, I reported on a recent interview that Marc Faber, publisher of the “Gloom, Boom and Doom” report, took part in with CNBC. He talked about the debt, the global financial system, how we lived beyond our means for nearly three decades and how we will have to pay it back. In usual […]
California city Vallejo allowing voters to make budget decisions
Should the government seek your input before it spends a dime? Well, one California city, after it emerged from bankruptcy, is now putting the question to voters: should we ask you before we spend your money? More than 100,000 residents in Vallejo, California would take part in “participatory budgeting” and order how the city would […]
Danish government abolishing the world’s first fat tax, cites economic failures
Late last month, Economic Collapse News reported how the Ontario Medical Association (OMA) urged the province to institute a junk food tax and issue warning labels on these items. The purpose is to fight obesity in Ontario, which the OMA says is costing the taxpayers $2.5 billion per year. The Canadian Taxpayers Federation (CTF) cited […]
Peter Schiff: Obama 2.0 & the Fiscal Cliff
Shortly after Economic Collapse News published its article entitled “Analysts predict massive inflation, $2300 gold by 2014,” Peter Schiff, President of Euro Pacific Capital and former Republican senate candidate, published a video talking about the implications of President Barack Obama being reelected. In the video, Schiff talks about what a second term for Obama means […]