In a sign that the Federal Reserve is growing increasingly desperate to jump-start the economy, the Fed’s Secondary Market Credit Facility has begun purchasing individual corporate bonds. The Secondary Market Credit Facility was created by Congress as part of a...
Just a week or so ago the mainstream media and thousands representing the “medical community” told us we must throw out the “stay-at-home” orders and go to the streets to protest the death of George Floyd at the hands of the police. The Covid-19 virus will not bother...
It seems like only yesterday. Americans were denied the right to go to their churches. They were denied the right to visit their loved ones in the hospital. They were denied the right to open their businesses and go to work to provide for themselves and their...
Six hundred physicians recently signed a letter to President Trump calling for an end to the coronavirus lockdowns. The physicians wrote that, far from protecting public health, the lockdowns are causing “exponentially growing negative health consequences” for...
One of the few good things to come out of the government-mandated shutdown is that many parents have started homeschooling their children. Many of these parents are likely to continue homeschooling after the government schools reopen.Last week, the Centers for Disease...
On April 21st the Washington Post savaged Georgia governor Brian Kemp’s decision to begin opening his state after locking down for weeks. “Georgia leads the race to become America’s No. 1 Death Destination,” sneered the headline.The author, liberal pundit Dana...
A Fresno, California waffle restaurant dared to open its doors for business this weekend to the delight of a long line of customers, who waited up to two hours for the “privilege” of willingly spending their money in a business happy to serve them breakfast on...
Last week the Federal Reserve announced it will keep interest rates at or near zero until the economy recovers from the government-imposed shutdown. Following this announcement, Federal Reserve Chairman Jerome Powell urged Congress and the Trump administration to put...
In my first week in the House of Representatives in 1976, I cast one of the two votes against legislation appropriating funds for a swine flu vaccination program. A swine flu outbreak was then dominating headlines, so most in DC were frantic to “do something” about...
From California to New Jersey, Americans are protesting in the streets. They are demanding an end to house arrest orders given by government officials over a virus outbreak that even according to the latest US government numbers will claim fewer lives than the...
According to a story in Politico, the White House Coronavirus Task Force is considering creating a national surveillance system to track Americans’ health information. Supporters of this initiative claim it would enable the federal government to quickly identify areas...
For many millions of Christians, Easter is a time to celebrate the resurrection of Jesus Christ. Others may celebrate the arrival of spring and the promise of new life. Whatever one’s beliefs, after several weeks of mandatory “stay at home” orders and the complete...
September 17, 2019 was a significant day in American economic history. On that day, the New York Federal Reserve began emergency cash infusions into the repurchasing (repo) market. This is the market banks use to make short-term loans to each other. The New York Fed...
Last Monday, a bipartisan group of Senators and a coalition including libertarian and progressive activists thwarted a scheme to ram through the Senate legislation renewing three provisions of the USA FREEDOM Act (previously known as the USA PATRIOT Act). The bill had...
Governments love crises because when the people are fearful they are more willing to give up freedoms for promises that the government will take care of them. After 9/11, for example, Americans accepted the near-total destruction of their civil liberties in the...
Last week, the Federal Reserve responded to Wall Street’s coronavirus panic with an “emergency” interest rate cut. This emergency cut failed to revive the stock market, leading to predictions that the Fed will again cut rates later this month.More rate cuts would...
When Turkey found itself in a bit of trouble in Idlib, Syria last week - a Syrian army advance had taken back much of the province and a Syrian air force strike had killed Turkish soldiers embedded with jihadist fighters - Ankara signaled to Washington that it needed...
The 1978 Humphrey-Hawkins Act requires the Federal Reserve to “promote” stable prices and full employment. Of course, the Fed’s steady erosion of the dollar’s purchasing power has made prices anything but stable, while the boom-and-bust cycle created by the Fed...
One thing we’ve learned from the Trump Presidency is that the “deep state” is not just some crazy conspiracy theory. For the past three years we’ve seen that deep state launch plot after plot to overturn the election.It all started with former CIA director John...
Listening to the howls from Democrats and the applause from Republicans, one would think President Trump’s proposed fiscal year 2021 budget is a radical assault on the welfare state. The truth is the budget contains some minor spending cuts, most of which are not even...
Support our upcoming set rebuild. We plan to improve our reach by amplifying the message.