Blog Archives

On the Brink of Inflationary Disaster

Ever since Ben Bernanke began his massive infusions of money into the financial system, many analysts (including me) have been worried about the severe weakening of the dollar if and when the fractional-reserve-banking system magnified the initial injections severalfold. Although the trend could reverse, data from the past two months suggest that the inflationary big…

Obama Goes All Out For Dirty Banker Deal

On the other side is the Obama administration, all the banks, and, now, apparently, all the other state attorneys general. This second camp has all gotten together, put their heads together, and cooked up a deal that would allow the banks to walk away with just a seriously discounted fine from a generation of fraud…

Cops Confiscate Cameras at Ohio Congressman’s Town Hall

A congressman from Ohio had cops grab the cameras of constituents during a town hall meeting. Steve Chabot, a Republican, had cell phones and cameras confiscated in order to “prevent an embarrassing Youtube video from making the rounds,” according to Carlos Miller, who runs a blog documenting efforts by the state to stifle the First…

California plunges to bottom in new business creation

From 2001 to 2009, California ranked either first or second in the nation in creating businesses. But last year, the state plummeted to 50th as it lost 4,600 businesses, according to a study by Economic Modeling Specialists Inc. California was among 29 states that saw a drop in net new businesses, according to the study,…