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Blog

QE and Minimum Wage are State Sponsored Price Fixing

In his classic economic text, The Wealth of Nations, Adam Smith had the following to say about collusion: “People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”

03/31/2014
Capitol Hill Update, 9 December, 2013
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Capitol Hill Update, 9 December, 2013

Capitol Hill Update, 9 December, 2013

12/09/2013
No Vote on Janet Yellen Until Audit the Fed Gets a Vote
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Blog

No Vote on Janet Yellen Until Audit the Fed Gets a Vote

As pretty much everyone expected, President Obama’s nomination for Federal Reserve chairman is a big-government Keynesian. Many left-wing pundits are applauding the nomination of Janet Yellen, the current Vice Chair of the Board of Governors of the Federal Reserve System. She has held many prominent jobs within the Federal Reserve and politics. 

11/15/2013
Support Grows for Sen. Paul's Audit the Fed bill
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Blog

Support Grows for Sen. Paul's Audit the Fed bill

Sen. Rand Paul’s campaign to get a vote to audit the Federal Reserve as a condition for considering the nomination of Janet Yellen for Federal Reserve chair is gaining support from one Congressman. Rep. Kerry Bentivolio (R-MI) has written a letter in support of Paul’s Federal Reserve Transparency Act, S. 209. 

11/15/2013
Rand Paul Leads Effort to Get Vote on Audit the Fed-- Contact Your Senators!
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Rand Paul Leads Effort to Get Vote on Audit the Fed-- Contact Your Senators!

Sen. Rand Paul is leading an effort to get a vote on auditing the Federal Reserve as a condition for considering the nomination of Janet Yellen for Federal Reserve chair. Sen. Ted Cruz has released a statement supporting this strategy to finally get a vote on auditing the Fed: 

11/14/2013
Your Next Fed Chair: Janet Yellen
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Your Next Fed Chair: Janet Yellen

We have been living in the Bernanke Era since 2006, a period at the Federal Reserve where Quantitative Easing, or QE, became the tool of choice for propping up Wall Street. Ben Bernanke is retiring soon, and after a rather messy nomination process by the White House that saw Larry Summers surface then sink in a matter of a couple weeks, we now have learned that Janet Yellen is the President's choice to follow Bernanke as Chairman of the Federal Reserve.

10/09/2013
The Ballad of Ben Bernanke: Tragic Economic Error is Holding Him Back
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The Ballad of Ben Bernanke: Tragic Economic Error is Holding Him Back

Ben Bernanke is arguable the most well equipped Fed chairman America has ever seen, and I mean that sincerely!  His academic accomplishments are top notch; and his career as a public official is equally impressive. He has been a ranking member of some of the most influential and prestigious economics advisory councils and research groups in the nation. By all accounts, Ben is the best conceivable man for the job of Chief Central Banker!

06/17/2013
Republican Senators that Have NOT Cosponsored Audit the Fed
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Republican Senators that Have NOT Cosponsored Audit the Fed

Senator Rand Paul has reintroduced legislation to audit the Federal Reserve in the Senate. The bill, S. 209, currently has 24 cosponsors. This legislation is important because the people deserve to know who the Federal Reserve is bailing out behind closed doors. Here are the Republicans that have not cosponsored the audit the Fed bill yet. Please call them or tweet at them and politely ask them to cosponsor S. 209!

03/28/2013
Your Guide to the National Debt (Part 2)
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Your Guide to the National Debt (Part 2)

"I am not among those who fear the people. They, and not the rich, are our dependence for continued freedom. And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude." - Thomas Jefferson, written in a letter to Samuel Kercheval on July 12th, 1816.

01/08/2013
Nationwide End the Fed Rallies Draw Big Crowds
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Nationwide End the Fed Rallies Draw Big Crowds

This past Saturday, September 22, marked the fourth annual End the Fed day. At Federal Reserve branches across the country, liberty activists showed up to call attention to the corruption and immorality of the Federal Reserve System.

09/26/2012

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