Thanks to Max Raskin.
Un-Freaking-Believable!!
House of Representatives Kills Bailout Bill! The unlimited authority of the Fed to continue anyway remains. But still though! Update: And on Ludwig von Mises' birthday too.
The Austrian School on the Economic Crisis
Last week I was honored to be asked by Ron Paul's Campaign for Liberty if we could arrange to work together on a project to interview the best of the Austrian school of economics, whose understanding and love of capitalism necessitates their complete and total opposition to corporate welfare of any description. And so we did. What causes the business cycle? Is the bailout necessary? How does fractional reserve banking work? What is the relationship between inflationary money and empire? Is...
Stop the Bailout!
[AG: A friend sent this along:] Not that it would work, but it's worth a try. Call or at least email your Congressman/Senator. Contact your Congressman here. Contact your Senator. Here's a sample email, written by me and my friend. Dear Congressman/Senator (insert name here), I am writing to urge you to oppose the Treasury Secretary Paulson's "bank bailout" proposal. Not only will this bill, if passed, force the American people to pay for the reckless behavior of financial institutions, but it...
