Written by The U.S. Federal Reserve’s second round of Quantitative Easing stimulus, QE II, has caused vicious un-intended consequences around the world. The 42% rise in the CRB index of food prices has already caused starvation for millions of people, burned down the Middle East, and is increasingly creating havoc in Asia. But QE 2′s most venomous [...]
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Ending Goverment As We Know It
Fifteen years from now the most memorable message from President Barack Obama’s recent budget speech will not be that he is shockingly now pro-tax cuts; but that he, the most liberal President in a century, has abandoned Federal bailouts for states and is “Ending Government as We Know It.” President Obama’s new sink or swim [...]
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