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America’s Looming “Stimulus Trap”

 
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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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3 Truths Ignored by the Feinstein Gun Bill

By: David Heacock The debate over gun control heated up this week as California Senator Dianne Feinstein introduced her so-called “Assault Weapons” Ban of 2013. The proposed bill would ban the sale, transfer, manufacturing, and importation of 157 specific models of firearms, as well as others that bear resemblance to “military-style assault weapons.”  Apparently, it’s […]


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Drone, baby, drone… If you want more terrorists

By John Watts South Carolina Senator Lindsey Graham recently told a home state audience that the United States has killed over 4,700 people using drone strikes since their introduction into use. Senator Graham’s remarks drew a wide array of interest, as the US government has never officially made public the number of deaths, militant and […]


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FISA’s Warrantless Wiretapping Lives On

By: David Heacock On Monday, the Supreme Court rejected an initiative by a group of attorneys, journalists, and advocates to limit the expansion of the Foreign Intelligence Surveillance Act (FISA). While the court was not directly considering FISA’s constitutionality, it denied the ability for lawyers to file a lawsuit against FISA in federal court. This […]


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