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Tag Archives: bailout
Free-Market Education
Mises.org has posted an excellent article on free-market education to their site. I recommend that you go read it for yourself, but will give a short synopsis here. A teacher in a San Diego high school decides to sell advertising … Continue reading
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Tagged austrian economics, bailout, capitalism, economics, federal reserve, politics, socialism
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Puppets of Bad Ideas
The book Pillars of Prosperity is a collection of speeches and essays by Ron Paul that lay out his “views of the proper role of government, namely that it should serve only to protect the life and property of its … Continue reading
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Tagged bailout, bob inglis, free market, pillars of prosperity, politicians, ron paul, socialism
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Bush to the Left of Hugo Chavez?
Reuters reports that Hugo Chavez, the socialist president of Venezuela, says that “Bush is to the left of me now.” He gives the reason when he points out that President Bush, “announced he will buy shares in private banks.” Hugo … Continue reading
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Tagged bailout, george w bush, hugo chavez, socialism
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I Can’t Agree With Socialism
Ron Paul was on Fox Business on Tuesday after the President explained how the bailout of banks would be done.
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Tagged bailout, great depression, ron paul, socialism
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Wall Street Journal on Monday’s Market Rise
The Wall Street Journal has some interesting facts concerning Monday’s 11% gain in the market. The article, Dow Takes Giant Leap as Bailouts Snap Gloom, explains that this was the fifth biggest percent gain in the history of the Dow. … Continue reading
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Tagged bailout, great depression, stock market
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Intervention is the Problem
Economics in One Lesson is an excellent book by Henry Hazlitt that attempts to help people to correctly think through any economic situation. The one lesson is reduced to a single sentence on page 5 of the Mises edition: The … Continue reading
How to Guarantee a Depression
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Tagged bailout, congress, depression, ron paul
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Senate Votes to Bailout Wallstreet
The senate voted to pass their version of the $700 billion bailout of the rich by the poor. I wasn’t suprised to find that Lindsey Graham voted for it. It is great to see that Jim DeMint is one South … Continue reading
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Tagged bailout, congress, economics, jim demint, lindsey graham, senate
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The Great Bank Robbery of 2008
Robert P. Murphy, author of The Politically Incorrect Guide to Capitalism, has written new article on Mises.org explaining the bailout that failed yesterday and will probably be attempted again on Thursday in a slightly altered form. The conclusion of his … Continue reading
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Tagged bailout, capitalism, depression, Liberty, mises, robert murphy
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