Archive for November 18th, 2015

National Debt Is Money We Owe Ourselves?


Wednesday November 18th, 2015   •   Posted by Craig Eyermann at 5:44am PST   •   0 Comments

In 2011, New York Times columnist Paul Krugman wrote: People think of debt’s role in the economy as if it were the same as what debt means for an individual: there’s a lot of money you have to pay to someone else. But that’s all wrong; the debt we create is basically money we...
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Statist Superstition Mounts a Surge


Wednesday November 18th, 2015   •   Posted by K. Lloyd Billingsley at 5:33am PST   •   1 Comment

As we observed in “Financial Crisis and Leviathan,” in its first 14 months the Consumer Financial Protection Bureau, a new federal agency, did little besides expanding an already bloated and wasteful government. The CFPB duplicates the work of existing regulators and worsens a crisis government played a major role in causing through programs such...
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