Here is a transcript of Ron Paul’s farewell address to Congress, originally sourced from the Campaign for Liberty. Farewell to Congress This may well be the last time I speak on the House Floor. At the end of the year I’ll leave Congress after 23 years in office over a 36 year period. My goals [...]
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What is Freegold? Or, Can the Debt Grow Forever?
I recently read a great post over at FOFOA, titled “The Debtors and the Savers 2012“. I’ve been reading a lot of FOFOA lately, and learning more about the “Freegold” thesis. The essence of the thesis, as I understand it, lies in the following chain of events: The U.S. economy is currently running massive deficits, [...]
Midweek Reading: Exorbitant Privilege Edition
I’ve been reading some really interesting posts on FOFOA’s blog, namely Inflation or Hyperinflation? and Peak Exorbitant Privilege. These posts go over the banking system, the role of the US dollar in the world economy, and the gradual withdrawing of political and ancillary support from the USD as the world’s reserve currency. Based on the latest numbers, the [...]
Ron Paul: The One True Hope for Change in 2012
It’s now 2012, and the United States will elect a new president to run the (still) most powerful country in the world. It’s now been nearly four years since the eve of the ongoing global financial troubles, and I am very interested in how this election is going to play out. Americans were promised hope [...]
Canada’s 2012 Budget: Does It Deliver, or is It Full of BS?
Canada’s Economic Action Plan 2012 is out! Did the new budget cut as much as some people feared? Did it cut enough? Are we on a path toward sustainable government and responsible spending levels? Read on and find out more. First, to get an idea of what Canada’s spending is like, let’s review actual spending [...]
Why Are the Students in Québec Protesting?
A massive student strike took place in Québec on March 22. The students are protesting proposed tuition rate increases by the government. The students are getting desperate, and on the 20th, they blocked a major commuter artery, causing untold delays and frustration. I’m not sure if they realize that hurting private citizens, the ones that pay [...]
Orwellian Online Surveillance Bill To Cost Canadians Millions
BILL C-30: THE “PROTECTING CHILDREN FROM INTERNET PREDATORS ACT”, OR A WOLF IN SHEEP’S CLOTHING It seems that governments everywhere can’t wait to get their hands on people’s private data and snoop in on their affairs, and Canada is no exception. With the introduction of bill C-30, otherwise known as “Protecting Children from Internet Predators [...]
Why are Manufacturing Jobs Leaving the US?
There’s a neat post on just why manufacturing has been leaving the U.S. to other countries in drove. Why is this? Is it cause of wages? High costs? Perhaps excessive regulation and cronyism has something to do with it. My host, a NASA engineer turned Silicon Valley entrepreneur, has just conducted a fascinating tour of [...]
How the Federal Minimum Wage Crushed the Economy of American Samoa
Most people probably have not heard of American Samoa, or what has been happening there. It is a small island located tens of thousands of miles away from the continental United States, and has a small economy with a high rate of unemployment and a low level of income per capita. The island is frequently [...]
Harper’s Plan to Cut Canada’s Old Age Security (OAS) Program
The Internet is afire with news that the Conservative government of Canada is planning to raise the minimum age for Old Age Security, as part of a comprehensive government-wide cost-cutting measure for the upcoming federal budget. I first heard about this news from my grandmother, who was scared that her benefits were going to be [...]
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