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More States Pursuing Hard Money

 
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More States Pursuing Hard Money

By: David Heacock A couple weeks ago, we saw Texas propose an initiative to move their gold from the Federal Reserve in New York City to a newly founded state bullion depository. Consideration of such a policy shows that the actions of the Fed have caused some legislatures to work to gain independence from the […]


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Beware of “benign” gun control legislation

By John Watts Don’t allow the punditry to fool you – serious gun control efforts have not lost momentum. Legislative efforts to restrict Americans from possessing firearms are not dead by any stretch of the imagination. Predictably, a few senate Republicans have bowed to the conventional narrative that something needs to be done about gun […]


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Texas Looks to Reclaim its Gold

By: David Heacock While Cyprus and other EU countries plunder their citizens’ bank accounts, the state of Texas seems to be making an unprecedented move towards insuring the wealth of its people. A Texas lawmaker recently announced legislation to claim the state’s gold from the Federal Reserve in New York and store it in a newly […]


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America’s Looming “Stimulus Trap”

By: David Heacock Peter Schiff, Austrian economist and CEO of Euro Pacific Capital, just released an article that methodically analyzes the United States economy’s credit conundrum. He critiques the Keynesian belief that an economy cannot recover from a recession without massive spending increases. Schiff writes: “Putting aside the dubious proposition that the human desire to […]


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Learn how to explode economic fallacies

by John Watts Senator Elizabeth Warren, (D-MA), recently suggested in committee that if the federal minimum wage kept pace with production increases over the last 30-plus years, it would today be around $22 instead of the current $7.25. What is the economic law that supports her inference? There is none, but Sen. Warren had a […]


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