Russia Backs Move To Gold Standard – US Not So Much

US gold certificate (1922)

A gold standard has been proven to deter reckless government spending.  It is also effective at stopping governments and central banks from printing money in mass, which devalues the value of the dollar. Maybe this is why the federal government and the Fed are against the gold standard    -   Image via Wikipedia Looks like Russia is starting to realize some [...]

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Obama’s Praise For Big Government Motors

Barack Obama

“It is my hope that the steps I am announcing today will go a long way towards answering many of the questions people may have about the future of GM and Chrysler. But just in case there are still nagging doubts, let me say it as plainly as I can — if you buy a car from Chrysler or General [...]

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America – Land of the 36th Most Free Press

newspaper reader

For all of you who think America is the shining example of freedom of the press and freedom of expression, you may want to read this article. US Ranked 36th in Freedom of The Press It is a growing opinion that the media is no longer a reliable source of information. This is supported by the decreasing sales and advertising [...]

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Peter Schiff Speaks Truth About Economy – Keynesianism & The Federal Reserve Bank the Problem

Peter Schiff understands the economy. Listen to him. The verbose bald gentleman in this video is the kind of “expert” the media would have you listen to about the economy. If you are interested in money and how the economy works, you might want to look into the Austrian School of Economics. It is a free market school of economics [...]

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GM CEO Rick Wagoner Asked to Resign by Barack Obama

General Motors Company

Image via Wikipedia I had said it before and will say it again… Penney’s Rule of Bailouts: A government bailout is a government buy in. The auto companies took the bailout money. Now they have a new business partner.  It’s that simple.  The government has more guns, so what is General Motors going to do? Ask them to leave?  Don’t [...]

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