Bailouts


Brexit-Beleaguered Bankers Back to Begging for Bailouts!

By David Haggith The Great Recession Blog July 12, 2016   Brexit-Beleaguered Bankers Back to Begging for Bailouts!     Nothing is more shameless in a bedazzling sort of way than rich banksters standing on the public curb with their hands out. First, we had the admission this past week by a major French bank that Italian banks […]

Brexit-Beleaguered Bankers Back to Begging for Bailouts!

Moral Hazard: The Federal Reserve And Financial Markets

By Paul-Martin Foss Carl Menger Center February 10, 2016   Moral Hazard: The Federal Reserve And Financial Markets     One of the problems with central banks acting as a lender of last resort is that of moral hazard. With the cost of bailouts spread out across society and benefits concentrated to a few large […]

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Joseph Salerno: The War on Cash

Joseph Salerno: The War on Cash

By MisesMedia May 29, 2015   Joseph Salerno: The War on Cash   Governments, at least modern western governments, have always hated cash transactions. Cash is private, and cash is hard to tax. So politicians trump up phony reasons like drug trafficking and money laundering to win support for bad laws like the Bank Secrecy […]


David Stockman: Against Crony Capitalism, Part 2

By misesmedia May 11, 2015   David Stockman: Against Crony Capitalism, Part 2   David Stockman is our guest this week in the second of a two-part interview. Stockman was a congressman, Ronald Reagan’s budget director, and a private equity fund manager who saw the devastation brought to American companies by an economy built on […]

David Stockman

David Stockman

David Stockman: Against Crony Capitalism, Part 1

By misesmedia May 2, 2015   David Stockman: Against Crony Capitalism, Part 1     David Stockman is our guest this week in the first of a two-part interview. He is also speaking at our Mises Circle event in Stamford, Connecticut, next week, along with Jim Grant and Judge Andrew Napolitano (watch for free at […]


The High Cost of Capitalism

By Dr. Paul Craig Roberts Paul Craig Roberts.org February 2, 2015   The High Cost of Capitalism The Destructive Component in Capitalism’s ‘Creative Destruction’ Is Very High   In my book, The Failure of Laissez Faire Capitalism, I explain the concept of external or social costs. These are the costs associated with production that are […]

Dr. Paul Craig Roberts

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The True Cost of the Homeownership Obsession

By Ryan McMaken Mises.org January 19, 2015   The True Cost of the Homeownership Obsession   In 2014, the US homeownership rate fell below 65 percent, which means it’s back to where it was during the 1970s and much of the 1990s. Various federal agencies have long made homeownership a priority, and have introduced a […]


Spending and Morality

Source: http://www.lewrockwell.com By Walter E. Williams July 8, 2014 Spending and Morality   During last year’s budget negotiation meetings, President Barack Obama told House Speaker John Boehner, “We don’t have a spending problem.” When Boehner responded with “But, Mr. President, we have a very serious spending problem,” Obama replied, “I’m getting tired of hearing you […]

Walter E. Williams

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A First Look at a New Report on Crony Capitalism – Trillions in Corporate Welfare

  Source: http://libertyblitzkrieg.com By Michael Krieger A First Look at a New Report on Crony Capitalism – Trillions in Corporate Welfare   One of the primary topics on this website since it was launched has been the extremely destructive and explosive rise of crony capitalism throughout the USA. It is crony capitalism, as opposed to […]


The Crisis is Not Over! A Conversation with Legendary Investor Jim Rogers

  The Crisis is Not Over! A Conversation with Legendary Investor Jim Rogers     Published by Stefan Molyneux Stefan Molyneux speaks with legendary investor Jim Rogers about the future of the world economy, the coming economic shift and how to prepare for the future. Jim Rogers is an American businessman, investor and author. He […]

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Dr. Paul Craig Roberts-U.S. Markets Rigged by its Own Authorities

  Source: http://usawatchdog.com By Greg Hunter Dr. Paul Craig Roberts-U.S. Markets Rigged by its Own Authorities       Economist Dr. Paul Craig Roberts says, “We have a situation where all the markets are rigged.  All the markets are manipulated.”  As an example, Dr. Roberts points to the stock market.  Dr. Roberts contends, “We have […]


Today’s Wealth Destruction Is Hidden by Government Debt

  Source: https://www.mises.org By Philipp Bagus Today’s Wealth Destruction Is Hidden by Government Debt   Still unnoticed by a large part of the population is that we have been living through a period of relative impoverishment. Money has been squandered in welfare spending, bailing out banks or even — as in Europe — of fellow […]

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Ideas Created The Federal Reserve…Ideas Can Get Rid of It

  Source: http://www.economicpolicyjournal.com By Chris Rossini Ideas Created The Federal Reserve…Ideas Can Get Rid of It   The Washington Post‘s Wonkblog, which can be counted on to defend every government mischief imaginable, reports on an “all-star economic conference” that took place in DC. Whenever you hear of an “economic conference” in DC, it can only […]


“The real dysfunction is a federal budget that doubled in 10 years”

  Source: http://www.againstcronycapitalism.org By Editor “The real dysfunction is a federal budget that doubled in 10 years”   It’s not that the GOP and the Dems can’t get together on anything that is the problem. It’s that they get together on too much.   (From Cato.org)   Annual federal spending rose by a trillion dollars […]

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