(Fox) – Judge Andrew Napolitano clearly explains the Constitutional problems with the Arizona immigration law. As emotions run high at the lack of Federal action on the border, Napolitano strips out any emotional rhetoric and sticks to the Constitution. Continue reading
I recently visited Central America. Everyone I talked with there was convinced that the military coup that had overthrown the democratically-elected president of Honduras, Manuel Zelaya, had been engineered by two US companies, with CIA support. And that the US and its new president were not standing up for democracy. Continue reading
(Mike Whitney) – We’re making this way too complicated. It’s simple really.
The Fed has only one tool at its disposal; to create more money. Typically, the way the Fed adds to the money supply is by lowering interest rates. When the Fed lowers rates below the rate of inflation; they’re basically selling dollars for under a buck. That’s a good deal, so, naturally, speculators jump on it and trigger a credit expansion. What follows is a frenzy of market activity that ends in a housing, credit, tech or equity bubble. Eventually, the bubble bursts and the economy goes into a tailspin. Then, after a period of digging-out, the process resumes again. Wash, rinse, repeat. It’s always the same. Continue reading
One might be tempted to dismiss the recent findings of the US State Department on human trafficking as largely political. But do not be too hasty. Continue reading
The United States government is planning to revive a bill that will punish China for artificially boosting its trade through “currency manipulation”. Continue reading