March 2, 2009
From Human Events
“The Obama budget is nothing less than an attempt to end the ideas of Ronald Reagan.” — New York Times
Adam Smith, the father of free-market economics, once stated, “There is much ruin in a nation.” President Obama is out to prove it in his Newspeak program he calls “A New Era of Responsibility.” [...]
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February 24, 2009
From Human Events
Unfortunately, the [Keynesian] balance week is unbalanced. ~ Milton Friedman
We have outlived the short-run and are suffering from the long-run consequences of [Keynesian] policies. ~ Ludwig von Mises
Last week, Treasury Secretary Timothy Geithner announced another solution to the financial crisis — his new “Financial Stability Plan.” Since the announcement, Citigroup has fallen 51 [...]
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