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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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Another Republican Trick Play

On March 13, the House of Representatives passed legislation overturning the Obama Administration’s rule allowing states to “waive” the 1996 welfare reform’s law requirements that welfare recipients either obtain full-time work or participate in job training . Whatever one thinks of the work requirements, or of the wisdom of giving states waivers from the requirements, […]


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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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