Did President Barack Obama diss legendary objectivist author and philosopher Ayn Rand? The president sat down with Rolling Stone and was asked if he ever read any of Rand’s compelling and groundbreaking work (note, “compelling” and “groundbreaking” were not used in the interview). Obama did say that he read it when he was younger, but […]
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Does it really matter if Canada’s paychecks are going up?
This week, I reported about a new Statistics Canada report that suggests the average paycheck for a salaried Canadian worker in the month of August was $907. It noted that it’s a 3.6 percent rise from a year ago and the trend shows the earnings are rising at a fast pace. What do I say […]
Friedrich Hayek’s ‘The Road to Serfdom’ in five minutes
This summer, I had the pleasure of reading Friedrich Hayek’s “The Road to Serfdom.” It’s a fantastic book and a must-read for anyone wanting to learn more about freedom and liberty and what it means to give up those essential principles. I first came across the book during the 2008 presidential campaign and it was […]
Will Fed Chairman Ben Bernanke step down in January 2014?
Yesterday, I (happily?) reported on the recent news that Mr. Helicopter himself Federal Reserve Chairman Ben Bernanke has told friends that he is considering not seeking a third term and step down in Jan. 2014. However, it could be much sooner if former Massachusetts Governor and Republican nominee Mitt Romney gets elected on Nov. 6. […]
Economic Collapse Blog Advocates Government Counterfeiting
In a new article at The Economic Collapse Blog the author suggests that instead of allowing banks to create money we instead should have national governments create money. The advantage of this system, claims the author, is that the money created would not be based on debt and therefore would not have to be paid […]