There Will Be (Hyper)Inflation - Thorsten Polleit - Mises Institute

There Will Be (Hyper)Inflation - Thorsten Polleit - Mises Institute: "as Federal Reserve Chairman Ben S. Bernanke made unmistakably clear in a notorious speech in 2002:

[T]he U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation.[3]"

There Will Be (Hyper)Inflation - Thorsten Polleit - Mises Institute

There Will Be (Hyper)Inflation - Thorsten Polleit - Mises Institute: "The US Federal Reserve, for instance, increased the stock of the monetary base — which includes banks' demand deposits held with the Fed, plus coins and notes in circulation — from $870.9 billion in August 2008 to $1735.3 billion in January 2009."

Old NATO Turns 60

Old NATO Turns 60: "The point is not that the U.S. was always right, but that the U.S. got little out of the trans–Atlantic alliance, whose members went their own way whenever they felt like it. During the Cold War American policymakers might tell themselves that they had no choice but to defend the feckless Europeans. However, this argument for the alliance disappeared along with the Cold War."

The Trouble with Warren Buffett - Doug French - Mises Institute

The Trouble with Warren Buffett - Doug French - Mises Institute: "a viewer asked Buffett if he believed what his father Congressman Howard Buffett believed, which was this: 'So far as I can discover, paper money systems [like John Law's] have always wound up with collapse and economic chaos.'

'Sounds like my dad, yeah,' Buffett replied, 'I heard that every night at the dinner table for a long time.' The Oracle admits that the printing of paper money is inflationary, but being a consistent proponent of expanding government, he constantly dismisses gold and proposals to return America to a gold standard.

His father Howard understood the evils of unchecked government money printing.

"The paper money disease has been a pleasant habit thus far and will not be dropped voluntarily any more than a dope user will without a struggle give up narcotics," Congressman Buffett wrote. "But in each case the end of the road is not a desirable prospect."

FOXNews.com - Swiss Clinic Plans Assisted Suicide of Healthy English Woman - International News | News of the World | Middle East News | Europe News

FOXNews.com - Swiss Clinic Plans Assisted Suicide of Healthy English Woman - International News | News of the World | Middle East News | Europe News: "Ludwig Minelli described suicide as a “marvellous opportunity” that should not be restricted to the terminally ill or people with severe disabilities."

Iowa Supreme Court: Same-Sex Marriage Ban Is Unconstitutional - Presidential Politics | Political News - FOXNews.com

Iowa Supreme Court: Same-Sex Marriage Ban Is Unconstitutional - Presidential Politics | Political News - FOXNews.com: "The Iowa Supreme Court issued a unanimous ruling Friday finding that the state's same-sex marriage ban violates the constitutional rights of gay and lesbian couples, making Iowa the third state where marriage will be legal."

What part of the Iowa constitution?

Obama Warranty Plan Leaves Many GM, Chrysler Owners Vulnerable - First 100 Days of Presidency - Politics FOXNews.com

Obama Warranty Plan Leaves Many GM, Chrysler Owners Vulnerable - First 100 Days of Presidency - Politics FOXNews.com: "That's what President Obama is telling American car owners and buyers, making them an offer they can't refuse: If General Motors or Chrysler won't honor their warranties, he will."

Sounds like socialism to me.

FOXNews.com - Cash Strapped States Pay Millions for Basketball Coaches - Local News | News Articles | National News | US News

FOXNews.com - Cash Strapped States Pay Millions for Basketball Coaches - Local News | News Articles | National News | US News: "'Coaching salaries are determined by economic forces at the individual school and market value,' Kearns wrote to FOXNews.com. 'It is important to note these same forces apply to hiring professors and other faculty members. Market-value reality means coaching compensation packets can be worth millions of dollars.'"

Maybe the same applied to the AIG bonuses.

Workers Say Obama Treated Autos Worse Than Wall Street - Presidential Politics | Political News - FOXNews.com

Workers Say Obama Treated Autos Worse Than Wall Street - Presidential Politics | Political News - FOXNews.com: "You have all kinds of funding available to banks that are apparently too big to fail, but they're also too big to be responsible.'

'But when it comes to auto manufacturing and middle-class jobs and people that don't matter on Wall Street, there are certainly different standards that we have to meet -- higher standards -- than the financials. That is a double standard that exists and it's unfair,' Fredline said.

Many workers -- not generally known for their affection toward executives -- even sympathized with Rick Wagoner, who was forced to step down as chief executive of General Motors Corp. He was by turns called a 'sacrificial lamb,' 'scapegoat' and 'fall guy.'"

Why The Gold Price Is Not Yet Soaring-- Page:1

Why The Gold Price Is Not Yet Soaring-- Page:1: "Put simply, in order for the gold price to go substantially higher, investment demand must offset declining jewelry demand and, in addition, absorb all the scrap supplies that are now hitting the market as individuals all over the world scramble for cash in a very, very bad economy."