In the Debates in the Federal Convention of 1787, Mr. Mason of Virginia, suggested: the necessity of preventing the danger of perpetual revenue which must of necessity subvert the liberty of any Country. If it be objected to on the principle of Mr. Rutledge’s motion that public credit may require perpetual provisions, that case...
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Calling for a balanced budget amendment has been a staple campaign issue for conservative Republicans for years. Undeniably, our nation is beset by fearful fiscal woes. However, a balanced budget amendment isn’t the answer.Let me emphasize that I endorse a balanced budget in principle. Indeed, in my recent article, “Good Cop, Bad Cop,” I...
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The dollar edges closer to becoming a third-world currency. Foreign central banks, suffering from the Treasury and Fed-engineered decline in the dollar’s value, are moving new currency reserve investments from the dollar into Euros and Yen. Long-range effects on the United States will be bad. If foreign central banks continue to shift their currency...
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Prohibition News Economic Collapse Blog Pacific News Feed
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