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Archive for February, 2009

Obama embraces proven failed policies

John E. of Phoenix writes: In approximately one month we got a sample of Obama’s change: The continuation of the Bush-Paulson give away of taxpayer money and pork programs, little of which will have...

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Posted by Bill Haynes on February 22nd, 2009

Category: Economic Crisis

Gold is not the only salvation

A recent mineweb.com article, Is gold the only salvation from this financial Armageddon?, suggests not only that gold offers a solution to the financial crisis but notes something of which many Americans...

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Posted by Bill Haynes on February 18th, 2009

Category: Economic Crisis, Silver

The seeds of hyperinflation?

Never one to mince words, Llewellyn H. Rockwell Jr., founder and president of the Ludwig von Mises Institute in Auburn, Alabama, editor of LewRockwell.com, and author of numerous books on economics and...

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Posted by Bill Haynes on February 10th, 2009

Category: Economic Crisis

The Insolvency of the Fed

Back on July 24, 2008, I penned a post titled The Sad History of Paper Money, in which I noted that money not redeemable in either gold or silver is printed until it is worthless. Now mises.org has posted...

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Posted by Bill Haynes on February 6th, 2009

Category: Federal Finances