Topic: Sound Banking

“Repudiate the National Debt”

– September 22, 2010

“In the spring of 1981, conservative Republicans in the House of Representatives cried. They cried because, in the first flush of the Reagan Revolution that was supposed to bring drastic cuts in taxes and government spending, as well as a balanced budg …

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“The Radical Banking Reform that Would End the Boom and Bust in Banking”

– September 17, 2010

“We all know what notes and coins are. They allow us to exchange the fruits of our work for the goods of others. When we deposit cash in Bank A – say £100 – we lend this money to the bank. But as soon as you make a deposit it becomes the bank’s. They t …

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“The Political Economy of Crisis Opportunism”

– September 15, 2010

“Like a river suddenly swollen by the collapse of an upstream dam, the ideological current becomes bloated by the public’s fear and apprehension of impending dangers and its heightened uncertainty about future developments. Bewildered people turn to th …

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To the Tea Partiers: End Imperialism, Take the Money Back — Daily Caller

– September 15, 2010

By Luis Tellez — Increasingly obvious perils of government debt have given rise to public concern, and even alarm. Though some people argue the alarm is exaggerated, there is a growing segment of the population that is thinking long and hard about the …

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“Regulators Tighten Bank Capital Rules”

– September 13, 2010

“Global authorities have settled on their punishment for banks’ role in the financial crisis: a future encumbered by the burden of significantly heavier reserves that will impede the impulse to seek profit through excessive risk taking. Senior regulato …

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The German Miracle: Another Look

– September 10, 2010

Earlier this summer George Soros and some leading Keynesian economists criticized what they regarded as Germany’s overly strict fiscal discipline. Yet Germany’s real output expanded at a robust 9% annual rate in the second quarter, while the U.S. econo …

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“Debt, financial crisis hurt U.S. competitiveness”

– September 9, 2010

“Government debt and deficits have emerged as a chief concern among developed world economies, as a decline in tax receipts during the recession and an increase in spending on stimulus programs combined to require record levels of government borrowing. …

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“Burry of ‘The Big Short’ Bets on Farmland, Gold After Profits on Subprime”

– September 7, 2010

“Gold is also a favored investment as central banks issue debt and devalue their currencies, he said. Governments haven’t adequately addressed the causes of the financial crisis and may be sowing the seeds for future problems by borrowing, he said. In …

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How Long Until Financial Reform Kills Small Firms and Drives Big Firms to Hong Kong?

– September 6, 2010

“This week, financial advisors have been informed of some new disclosure and reporting rules. As expected, the impact of the Dodd/Frank Bill is already foreshadowing a ridiculous amount of additional paperwork – mostly silly work as one of my colleague …

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“Ron Paul: Financial Reform Solved Nothing”

– September 1, 2010

“Just pretending that we can continue with the same monetary policy, the same Federal Reserve system, and all these guarantees sort of concedes that we’re going to have another bubble. If we have regulations and plans for how we distribute these assets …

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“Fed leaders had varied views on August policy action”

– September 1, 2010

“Federal Reserve officials were divided at their Aug. 10 meeting over whether they should resume purchases of Treasury bonds and what impact the move could have on the nation’s economy, according to minutes released Tuesday. In the end, the Fed’s polic …

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The Contemporary Relevance of Robert Taft

– September 1, 2010

“For a conference this coming weekend, I’m reading a fascinating series of radio debates between Senator Robert Taft and Representative T. V. Smith that took place during the late 1930s. In the final installment, Taft is summing up his concerns about t …

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