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"Nationalization Is…As American as Apple Pie"

So says Paul Krugman. Here’s the context: And the argument that our culture won’t stand for nationalization — well, our culture isn’t too friendly towards bank bailouts of any kind. Yet those bailouts are necessary; and even in America they may be more palatable if taxpayers at least get to throw the bums out. Oh, […]

Total Borrowing From Fed Collapses?

I don’t know if this is just some kind of blip, but I was checking the latest numbers and saw this: I’m not sure what it means. How’s that for Free Advice? Anyone? Bueller?

Someone Make It Stop: Rachel Maddow Sums Up Krugman

Sheldon Richman links to the below video, but advises his readers against watching it. But I must disagree; Rachel Maddow’s commentary is beautiful in its clarity, its confidence, and its idiocy. It’s about 8 minutes, and I know that sounds like a long time, but I urge you to just click the thing and watch […]

Tom Woods Is "Fed Up" (with the Fed)

He explains the can of whoop-butt that Ron Paul opened. Incidentally, I am troubled at Tom’s growing sophistication with monetary matters. When working on my book regarding the Depression and New Deal, I justified my efforts by saying, “Well, it’s true that I’m not a historian, but these are really technical matters and you can’t […]

Gerald Celente on Glenn Beck

For some reason, this guy really struck a chord with me. (HT2LRC) Make sure you watch long enough to hear his discussion of Katrina and the World Trade Center. That’s something I have been trying to get across to people, is that it’s wrong to be arguing “stimulus” in terms of Keynesian diagrams. Do you […]

Get Ready for the Health Czar

I have not vetted this stuff–i.e. I haven’t gone and checked to see if the language really is in the bill–but Betsy McCaughey has dug up some some truly chilling “reforms” to the medical industry that are currently in the “stimulus” bill. Ahh, we get mugged a trillion dollars in order to pay for the […]