Let’s Ban Profits: Peter Schiff Has Fun with the DNC
Sorry if I’m late with this one, but it’s still worth it. And you thought only Republicans said stupid things:
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New Clip from Documentary on Our Entitlement Mess
Another entry into the growing and quite impressive field of amateur documentaries looks to be quite good (although he may need some professional help to finish). This one is called Default America and it features a bunch of economists… Continue reading
Peter Schiff Testifies Before the Congressional Jobs Committee
If you missed Peter Schiff’s testimony before the Congressional Jobs Committee last week, it is a must see. For fans of Schiff, you’ve heard much of this before but it is fascinating to watch the committee and the panel react… Continue reading
Government to Take on Fannie and Freddie’s $5 Trillion in Mortgage Debt?
The Obama administration has now focused their reform-minded attention on Fannie Mae, Freddie Mac and their $5 trillion in mortgage guarantees (covering about half of existing mortgages). In 2008, George Bush put the two mortgage giants into conservatorship to avoid… Continue reading
The Senate Race Loss of Peter Schiff
A small part of me died in Connecticut this week.
Peter Schiff just lost the Republican nod for US Senator in Connecticut. If someone ever embodied the antithesis to the nation’s current economic approach, it is Schiff. While the… Continue reading
The Case For Peter Schiff
One would think a Senate race—taking place in the middle of two wars and a severe recession—between the co-founder of the World Wrestling Entertainment and an economist and financial expert who predicted the financial crisis would be a no-brainer of… Continue reading
Tom Woods Referencing SwiftEconomics on Nullification?
Swift Economics may be having some influence. The popular libertarian site LewRockwell.com gave my essay on nullification and civil disobedience a nice little shout out about three weeks ago and it appears two-time New York Times bestselling author Tom Woods… Continue reading
Maybe a World War Will Fix the Economy
As I’ve discussed before, it’s common wisdom (i.e. an incredibly stupid thought many people hold) that war is good for the economy. It’s utter nonsense, but unfortunately most economists believe it. There were even a few after Hurricane Katrina… Continue reading
Central Banks Stockpiling Gold
Gold, the safe haven investment for those wishing to hedge against inflation and debt, has been maligned by some traders as an emotional investment. Outspoken economists David Rosenberg and Peter Schiff have called for $3,000/oz and $5,000/oz (and possibly… Continue reading
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