The End of Money and the Future of Civilization

It’s too late for anyone to pretend that the U.S. government, whether under President Barack Obama or anyone else, can divert our nation from long-term economic decline. The U.S. is increasingly in a state of political, economic, and moral paralysis, caught as it were between the “rock” of protracted recession and the “hard place” of terminal government debt.

The Home Mortgage Meltdown: The Real Reasons for the Fannie Mae/Freddie Mac Takeover

Fannie Mae and Freddie Mac, the twin giants of the home mortgage industry, own or guarantee assets of $5.3 trillion, almost half of the $12 trillion housing market in the U.S. These assets have been disappearing in value due to the collapse of the housing bubble.

Stagflation is Here, and It is a Weapon of Mass Destruction

U.S. wholesale prices in July 2008 grew at the fastest rate since 1981. The cost of materials has risen 9.8 percent in the last twelve months, according to government data.

The abuses of the Federal Reserve System

Louis T. McFadden (1876-1936): An American Hero