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Liberty NewsWire: June 12, 2012
Since Californians shrank their property taxes more than three decades ago by passing Proposition 13, people around the nation have echoed their dismay over such levies, putting forth plans to even them, simplify them, cap them, slash them. In an election here on Tuesday, residents of North Dakota will consider a measure that reaches far […]
Bernanke Testimony
Yesterday, C4L's Matt Burrow and I attended the Joint Economic Committee hearing where Ben Bernanke was testifying on the current state of the economy. Two exchanges during the hearing are worth paying attention to. The first, was Senator Jim DeMint asking Bernanke about interest rates. Bernanke appeared to scoff at the notion that saving $100 […]
Liberty NewsWire: June 11, 2012
On Jan. 28, 2009, a week after Obama’s nomination, the Fed owned $302 billion in U.S. Treasury securities. On April 25, 2012, the latest date reported, the Fed owned five and a half time that much in U.S. Treasury securities–$1.668 trillion.–CNSnews.com Federal Reserve CNS News – Top Customer: Under Obama, Fed’s Holdings of U.S. Debt […]
