Federal Reserve

Back the Blue—and Give ’em a Raise!

A powerful revolutionary wave has been sweeping the nation. One of its bywords is “Defund the Police.” In reality, however, it is about law and order. Emasculating or even dismantling the police is plainly an assault on law and order. The postulate to defund law enforcement officers has gained some traction in Democrat-controlled cities in [...]

The Limits to Bernanke’s Power

As chairman of our country’s central bank, the Federal Reserve Board, Ben Bernanke is expected to put the economy on a sound footing and foster strong economic growth. Unfortunately, Bernanke faces “mission impossible”—partly because the policies implemented by Congress, the president, and bureaucrats account for much of what happens to the economy, and partly because [...]

Inflation: Fuel, Food, and the Fed

  As Americans increasingly feel the pinch of higher prices for food and fuel, the Federal Reserve's QE2 policy of creating more money has been called into question. Asked if the Fed bore some responsibility for these vexing price increases, Fed Chairman Ben Bernanke essentially replied, "It's not our fault." Instead, Bernanke blamed the price [...]

Ben Bernanke’s new overseer

If you thought Federal Reserve Chairman Ben Bernanke hated testifying in front of Congress before, it's about to get a lot worse. Congressman Ron Paul (R-TX) -- author most recently of the best-selling End the Fed -- is about to become chairman of the House Subcommittee on Domestic Monetary Policy. That means he'll have oversight [...]

The Money Meltdown: A Conversation with Thomas Woods Jr.

The economy is in free fall and we may be facing another Great Depression. In response, the government is scrambling to spend its way back to health. Is this really the best solution? Brian Saint-Paul spoke to Thomas Woods Jr., author of the New York Times bestseller, Meltdown: A Free-Market Look at Why the Stock [...]

The Rich He Hath Sent Away

There is much to celebrate in the collapse of Lehman Brothers and Merrill Lynch; not the fall of these companies in particular, but what the fall represents. It shows the impossibility of holding onto wealth and power in a free society that is always in flux. And this is as it should be. I'll explain [...]

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