Billions of dollars were recently lost in the collapse of Bernie Madoff’s self-described Ponzi scheme, in which too-good-to-be-true returns on investments were not really returns at all, but the funds of defrauded…
Tag: Politics
Ron Paul – Economic Freedom or Socialist Intervention?
The freedom to fail is an essential part of freedom. Government- provided financial security necessitates relinquishing the very essence of freedom. Last week, the big 3 American automakers came back to Capitol…
Ron Paul – The Neo-Alchemy of the Federal Reserve
As the printing presses for the bailouts run at full speed, those in power are no longer even pretending that the new giveaways will fix our problems. Now that we are used…
Ron Paul – The Bailout Surge
This week the bailout of the Big Three automakers was under heavy consideration in Congress’s lame duck session. I have always opposed government bailouts of private organizations. Back in 1979 Congress had…
Ron Paul – Restricting Freedoms and Choices
As the financial sector continues its tailspin despite efforts to bail out Wall Street, among the few gainers in recent stock trading have been those companies looking for a new “shot in…
Ron Paul – Hopes for the Future
With the election behind us, our country turns hopeful eyes to the future. I have a few hopes of my own. I congratulate our first African-American president-elect. Martin Luther King, Jr. certainly…