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Financial Crisis

Mortgage Crisis Goes Primetime

John Downs | 1 November 2011
A near-death experience often provides needed perspective to effectuate real change. But no matter how often the over-regulated and over-subsidized US banking sector flirts with disaster, it never seems to change its ways.

Occupy Wall Street: It Seems that the "Have Nots" Have No Brains

Michael Hurd | 21 October 2011
Much more incredibly, the hand that they bite keeps feeding them.
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The Naked Apes of Occupy Wall Street

Edward Cline | 20 October 2011
And what have you? You have a naked ape. A protester against corporate greed, an advocate of expropriating wealth and the means of production. A frightening, noisy, intimidating mob stripped of everything they are protesting against.
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Occupy Wall Street's Values Will Destroy the Middle Class

Michael Hurd | 7 October 2011
There's a distinction between high-paid executives who earn their profit in a free market, and high-paid executives who earn their profits due to government subsidies and bailouts, or other subtle or overt government favors.

How the Government Can Create Jobs

Peter Schiff | 23 September 2011
Despite the understandable human tendency to help others, government spending cannot be a net creator of jobs. Indeed many efforts currently under consideration by the Administration and Congress will actively destroy jobs.

Should We Cheer The Federal Housing Finance Agency Lawsuit?

John Downs | 8 September 2011
On the Federal Housing Finance Agency (FHFA) lawsuits filed against seventeen banks and financial institutions for $200 billion in subprime loan losses. The victims of the alleged fraud? Fannie Mae and Freddie Mac, and therefore the taxpayers.

On The Downgrade in America's Credit Rating

Michael Hurd | 8 August 2011
America could probably rise again as a great economic power within several years, if only government would get out of the way. But the majority of people will not let that happen, at least not yet.

What To Do With Our Entitlement Programs?

Amit Ghate | 29 July 2011
Even the most unrepentant spendthrift understands that these debts and liabilities are unsupportable, nor can they be solved by immorally targeting the rich. Instead, we must enact immediate, across-the-board spending cuts, with special emphasis on the biggest components of our financial wreck: Social Security, Medicare and Medicaid. These entitlement programs constitute the majority of our unfunded liabilities, because, despite being labeled “trusts”, they’re not actually savings plans.

Debt Ceiling Myths

Michael Pento | 22 July 2011
In my opinion, the best news for the long term future of this nation is the Republican "Cut, Cap and Balance" plan that just passed the House.

Sovereign Debt Blows Big Holes in Big Banks

John Browne | 16 July 2011
Many financials should now be considered toxic assets.
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