Fannie and Freddie, far from being the sole miscreants of the crisis, operate on the same parlous economic principles that the Fed functions on and facilitates. Ridding the market of the crippling appetites of Fannie and Freddie, even if a step in the right direction, is hardly a panacea for the current economic plights.
The Mises Circle in Naples, Florida. Recorded 26 February 2011.
The Mises Circle in Naples, Florida. Recorded 26 February 2011.
The Mises Circle in Houston, Texas. Sponsored by Jeremy S. Davis. Recorded 22 January 2011.
The Mises Circle in Houston, Texas. Sponsored by Jeremy S. Davis. Recorded 22 January 2011.
For a comedy movie, The Other Guys is a shining example of the kind of problems that plague our current financial system. While it is doubtful that the writers meant to use the movie to display the kind of underhanded affairs big business has with the government, it is certainly a subject interwoven throughout the film.
When the state spends more money than it receives in taxes — a fact indelibly written into the bond — it is deliberately committing an act of bankr
Lately, the supporters of big government have deployed an interesting twist to their arguments, claiming that it is a dirty right-wing lie that government has grown under the Obama administration.
