Blog Archives

Doug Casey: How To Prepare For When Money Dies

TGR: If panic erupts on the U.S. dollar, would products manufactured in the U.S. become super-cheap or super-expensive? DC: They would become super-cheap. Everybody says that devaluing the dollar will stimulate U.S. industry because the products will become cheaper and foreigners will buy them. This is a huge canard everybody repeats and nobody thinks about.…

The Failure of Crony Capitalism – Henceforth Known as “CRAPitalism”

“There's government failure and there's market failure,” says Barron's economics writer Gene Epstein. “Government failure is far more prevalent.” At FreedomFest 2011, Reason's Nick Gillespie sat down with Barron's columnist Epstein to talk about his book Econospinning and the failure of what Epstein seens as widespread crony capitialism or “crapitalism.” Characters such as former Countrywide…

FDA Seeks To Cut Potatoes From School Lunch Menus

New guidelines from the U.S. Department of Agriculture would eliminate potatoes altogether from school breakfasts and drastically reduce the amount of potatoes served in lunches. … The proposal announced by the USDA in January puts focus on fruits, vegetables and whole grains while limiting sodium, banning trans fats and reducing starches. The guidelines would limit…

Whistleblowers: Drug cartels throw fundraisers for U.S. officials

Two former law enforcement officials who worked with the Federal Bureau of Investigation (FBI) as confidential informants on probes into police corruption have come forward with allegations of drug cartel ties to top cops, judges and elected officials. Greg Gonzales, a retired sheriff's deputy, and Wesley Dutton, a former New Mexico livestock investigator, told The…

Bullion Vaults Run Out of Space on Gold Rally

Deep in the 7.4-acre Singapore FreePort next to Changi International Airport’s runways is the bullion vault of Swiss Precious Metals, behind seven-metric-ton steel doors built to survive a plane crash or earthquake. The rooms are almost full after demand rose fivefold in the year since the Geneva-based company opened the facility. The firm plans an…

Peter Schiff Fined $15k for Hiring Too Many Employees

The rules and regulations really hurt investors says Peter Schiff who was fined for having hired to many people ,Peter Schiff : “The government has made it so expensive and so risky to hire people that most small businesses are doing everything they can to avoid hiring people,”