To be blunt: for the Fed to be buying Treasuries at this level is akin to buying Tech Stocks in 2000 or Housing stocks in 2007. Treasuries are in a bubble. And this bubble will end as all bubbles do: with a bang. As noted in previous issues articles, interest rates are already at...
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Tobacco companies knew that cigarette smoke contained radioactive alpha particles for more than four decades and developed “deep and intimate” knowledge of these particles' cancer-causing potential, but they deliberately kept their findings from the public, according to a new study by UCLA researchers.
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LAKE JACKSON, Texas–(BUSINESS WIRE)– In a new Harris Poll, 2012 Republican presidential candidate Ron Paul beats President Obama 51 percent to 49 percent in a general election race.
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In its continuing effort to pare down the number of Americans who can exercise their rights under the Constitution and the Bill of Rights, the Bureau of Alcohol, Tobacco and Firearms has sent a letter to firearms dealers informing them that medical patients “addicted” to legally dispensed medical marijuana have no right to own...
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Since this spring’s blink-and-you-missed-it debate over reauthorization of several controversial provisions of the Patriot Act, Senators Ron Wyden (D-OR) and Mark Udall (D-CO) have been complaining to anyone who’d listen about a “Secret Patriot Act“—an interpretation of one of the law’s provisions by the classified Foreign Intelligence Surveillance Court granting surveillance powers exceeding those...
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For centuries, a bedrock principle of criminal law has held that people must know they are doing something wrong before they can be found guilty. The concept is known as mens rea, Latin for a “guilty mind.” This legal protection is now being eroded as the U.S. federal criminal code dramatically swells. In recent...
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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...
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“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...
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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...
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The Federal Reserve wants to know what you are saying about it. In fact, the Federal Reserve has announced plans to identify “key bloggers” and to monitor “billions of conversations” about the Fed on Facebook, Twitter, forums and blogs. This is yet another sign that the alternative media is having a dramatic impact.
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