Greenspan says economy great. Oh, really?
FED Chairman Greenspan recently stated that the current low interest rates are producing great results. But according to our favorite Congressman, Ron Paul:
In testimony before the House Financial ServicesCommittee last week, Federal Reserve Chairman AlanGreenspan painted a rosy picture of the U.S. economy. In his eyes, the Fed's aggressive expansion of the money supply and suppression of interest rates have strengthened the financial condition of American households and industries. If this is true, however, our nation's prosperity is merely a temporary illusion based on smoke and mirrors. True wealth cannot be created simply by printing money; families and businesses cannot prosper by getting deeper in debt.Frank Shostak of the Mises Institute provides a series of graphs to demonstrate where the economy is really headed. Much of this economic boom has been financed by home equity mortgage. What happens when the home equity source runs out?
When the people were the police
Larry Pratt is Executive Director of Gun Owners of America. He contends that:
The history of the changing meaning of police is a history of the transformation of America from a society of limited government serving the people to our present plight where the people serve the government.See the full story here.
Bush and the National Endowment for the Arts
Cliff Kincaid says Bush tries to appease the liberals.
History of Marriage
Gary Leupp responds to Governor Romney on the history of marriage.
Another Reason for Separation of Church and State
England's Catholic Church says love your taxes.
CIA accused of lying about WMDs
Senator Levin of Michigan has accused CIA Director George Tenet of giving false information during public hearings to the UN regarding weapons of mass destruction in Iraq. Senator Levin's full statement.
2.34 Trillion for 2005
Stephen Moore thinks government has gotten a little pricey.
A greater threat to our out-of-control budget is that it erodes personal freedom. When government grows, as Thomas Jefferson once famously put it, "liberty yields." Dollar by trillions of dollars, we are voluntarily giving up our liberties for a government that promises us in return a blanket of protection from cradle to coffin. Republicans are steering us in the direction of the "workers' paradise" of a European socialist welfare state, and the reply from the Democrats is faster, faster.