Some of the U.S. Supreme Court’s most significant decisions are those declining to hear a case. Two weeks ago, the Court made such a momentous non-ruling in refusing to hear a lawsuit, Hall v. Sebelius, challenging government policies that deny otherwise eligible retirees their Social Security benefits if they choose not to enroll in...
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Why is all of the above important? Because as we have explained repeatedly in the past several weeks, the “excess deposit cash over loans” is nothing more or less than additional prop trading capital, that banks can use as they see fit. The traditional regulatory explanation is that the cash is to be used...
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Propaganda that was supposed to target foreigners could now be aimed at Americans, reversing a longstanding policy. Tags: fascism
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President Obama’s election victory ensured his Affordable Care Act would remain the centerpiece of his first term in power – but that has left some business owners baulking at the extra cost Obamcare will bring. Florida based restaurant boss John Metz, who runs approximately 40 Denny’s and owns the Hurricane Grill & Wings franchise...
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A Montana state lawmaker is asking that he be paid in gold coins because of his lack of faith in the U.S. dollar amid a rising deficit. Jerry O’Neil, a Republican just reelected in his northern Montana district, says his constituents told him he was not honoring his duty to uphold the U.S. Constitution,...
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The choice of the word “unadulterated” is not accidental. There were many different kinds of gold standard, including what we now call the Classical Gold Standard, the Gold Bullion Standard, and the Gold Exchange Standard. Each contained flaws; each was adulterated. Tags: economics, fascism, gold standard
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Welcome to Capital Account. Last night the two main contenders for US President debated issues including tax policy, jobs, energy, and the national debt. During the debate President Barack Obama proposed “the way we’re going to create jobs here is not just to change our tax code but also to double our exports.” But...
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Pigs violently assault a woman and point guns at her husbands head, then ransack their home without a warrant and without cause. Tags: fascism, Police State
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What Exactly Caused the Financial Debacle? The Federalist Society Fordham Law School September 12th 2012 Tags: antifascist agitprop, fascism, peter schiff
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Authored by Tom Woods and Bob Murphy, originally posted on Liberty Classroom, The other day the Huffington Post ran an article by a Bonnie Kavoussi called “11 Lies About the Federal Reserve.” And you’ll never guess: these aren’t lies or myths spread in the financial press by Fed apologists. These are “lies” being told...
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