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Statue of Liberty, NYC. Source: Flickr (http://www.flickr.com/photos/heardsy/2007458336/)

Ron Paul’s Farewell Address to Congress

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, [...]

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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 [...]

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Should You Worry About Gold Confiscation?

Are you worried about the government coming in and outlawing private gold possession again? After all, it wouldn’t be the first time they had done so — the same was done by the FDR government, back in the Great Depression. As the global economy gets worse, and as private capital flows to alternative currencies such [...]

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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 [...]

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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 [...]

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The Role of Money in the Financial Crisis

There is an interesting post by Jeffrey Tucker on the Mises Institute of Canada about the ongoing “crisis of capitalism”. If one is talking about the current world economic order, then there is indeed a crisis going on, but it all depends on how you define the word “capitalism”. Jeffrey writes, “What’s most interesting is [...]

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Incandescent Lightbulbs Are Banned! Here is How You Can Work Around the Ban.

It is now 2012, and the ban on incandescents in the United States has started. Many other countries have their own bans either already in place or planned. Canada was planned to start in 2012, but has delayed the ban due to environmental concerns over the disposal of compact fluorescents (CFLs). What are the phase-out [...]

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