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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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The Congressional Budget Debate Is Just A Sideshow

      In case you missed it, below is Campaign for Liberty Chairman Ron Paul’s recent column on why Congress’ phony debates over spending are not nearly as important as the actions of the Federal Reserve: Federal spending once again dominated the debate in Washington last week, as House Republicans and Senate Democrats began […]


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Time for the Federal Government to Act on Hemp

Last night, the Kentucky General Assembly passed SB 50 by a vote of 88-4 after having previously passed the Kentucky State Senate 31-6. SB 50 creates a regulatory framework for industrial hemp in Kentucky, provided the federal government moves to decouple industrial hemp from marijuana by amending the 1970 Controlled Substances Act. While Senator Paul […]


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GOP Turncoats Support Internet Sales Taxes

Friday’s vote on Senator Enzi’s (R-WY) so-called “Marketplace Fairness Act” was a gift for the liberty movement. Before Friday, it wasn’t clear where the Senate stood on what really ought to be called the National Internet Tax Mandate. Thanks to their vote, now we know… and it wasn’t pretty for Senate Republicans. Twenty-six Senate R’s […]


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Massie on GOP Budget: “…this plan actually increases spending”

Today the House passed the GOP budget plan. Ten Republicans opposed the plan (which increases spending by 3.5% over the next ten years). The ten Republicans who opposed it were: Justin Amash (Mich.), Paul Broun (Ga.), Rick Crawford (Ark.), Randy Forbes (Va.), Chris Gibson (N.Y.), Phil Gingrey (Ga.), Joe Heck (Nev.), Walter Jones (N.C.), Thomas Massie […]


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