Fiscal Cliff Causing Flurry of Tax Moves

by Bob Adelmann | 8:01 am, November 6, 2012

The ideal, of course, is a zero tax bracket, with government so small that it would be adequately funded, as it was prior to 1913, with tariffs. Back then government spending stayed within its means and within the confines of the Constitution.

Looking Behind the Latest Jobs Report Numbers

by Bob Adelmann | 4:11 pm, November 4, 2012

As volatile and flimsy as the BLS numbers are, they cannot disguise an economy that is going nowhere, nor the trouble that Obama is in.

Inflation – Bad for the Economy, Bad for Society

by Joshua Sharf | 3:00 pm, October 29, 2012

In The Great Wave, his history of price revolutions and inflation, David Hackett Fischer associates waves of inflation with social instability, and a pessimistic culture as reflected in the art and philosophy of that time.  If he’s correct, we could be in for much more than just a bout of price instability.  Indeed, it’s possible that [...]

The Trouble with Outright Monetary Transactions

by Bob Adelmann | 6:37 am, October 29, 2012

It’s a game, a charade. Even if the central bank’s president lies through his teeth, his audience believes him anyway. Is there no one there to exclaim: “The emperor is naked!”?

Budget Deadlock, Despite House Passage of Ryan Plan

by Bob Adelmann | 4:26 am, April 3, 2012

Two things are apparent: few in Washington are serious about reining in government spending, and those who are are missing the point. It’s not making the government more efficient, it’s getting government out of where it doesn’t belong that is the real issue.

Speech: Bernanke Fails at Transparency, Rails at Gold Standard

by Bob Adelmann | 1:00 am, March 28, 2012

It’s clear what’s happening here. This is an admission that the Fed is under withering continuing attack and this is a feeble attempt to respond. The slide show is laughable. I take great comfort, as noted in the article, that no matter what the Fed does, it exposes itself as the fraudulent entity that it really is.

ECRI Stays with Recession Call

by Bob Adelmann | 4:31 am, March 14, 2012

The beauty of the internet, once again, allows us to ferret out and shine the light of day on half-truths and overestimations. That’s all that the internet is: an information source untainted with political overtones.

Seeing Stars: RIP Andrew Breitbart

by Randall Smith | 7:00 am, March 2, 2012

Andrew Breitbart is dead. His death of natural causes was announced early yesterday morning. Beitbart was an aggressive defender of conservative thought and was determined that the Right not leave themselves defenseless in the political war with the Le…

Bernanke Befuddled

by Bob Adelmann | 5:54 am, March 2, 2012

When Alan Greenspan ran the Fed, there was always the chance that he might say something profound or insightful. With Bernanke it’s exactly the opposite. It almost seems unfair to pick on him. It’s like picking a fight with an unarmed opponent.

CBO Report: U.S. Deficits “Unsupportable”

by Bob Adelmann | 12:44 pm, February 3, 2012

The Congressional Budget Office has been accused of fudging the numbers. However, these numbers are so bad they don’t can’t be fudged.

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