Saturday, 18 November 2017

Social Security

Central Banks Race to BUY Gold At Record Pace

August 21, 2012
in Blog

This must be more evidence of Bernanke’s “tradition.” The Olympics may be over, but central banks around the world have begun a race to buy gold and are doing so at the highest level in decades. The World Gold Council recently announced that central banks officially bought 157.5 tonnes of gold, equivalent to just over […]

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Ryan: Boon or Bane for U.S. Dollar?

Posted by Gonzalo Schwarz
August 17, 2012
in Blog

Good news: Vice Presidential candidate Paul Ryan may put the focus of the presidential campaign on the sustainability of the U.S. budget. Bad news: Ryan’s plan delivers some tough medicine; if the European experience is any guide, “austerity” makes bad politics. What are the implications for the U.S. dollar? The Ryan budget addresses a key […]

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Duped by Congressional Lies

Posted by Gonzalo Schwarz
June 12, 2012
in Blog

by Walter E. Williams Some of the responses to my column last week, titled “Immoral Beyond Redemption,” prove that Americans have been hoodwinked by Congress. Some readers protested my counting Social Security among government handout programs that can be described as Congress’ taking what belongs to one American and giving to another, to whom it […]

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New CPI Means Higher Taxes, Lower Benefits

June 11, 2012
in Blog

A rose by any other name would smell as sweet, but a steak tastes not as sweet – if it’s a cut of horse  meat… The new CPI calculations are designed to further disguise inflation and the erosion of your standard of living. Last month, the Bureau of Labor Statistics announced that they have enough Congressional approval […]

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Sound Money Interview Series: Dr. Thomas Rustici

Posted by Gonzalo Schwarz
March 28, 2012
in Blog

What’s the point of saving the banks if you’ve got to destroy money to do it? We sat down with Dr. Thomas Rustici from George Mason University and discussed his speech “Thinking the Unthinkable” about the coming demographic and fiscal crisis and the possibility of hyperinflation in America, and his plan to begin moving the […]

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“Welfare and Inflation Create Endless Spiral” – Henry Hazlitt

Posted by Tom Duncan
April 7, 2011
in Blog

“As to where the money is coming from, Humphrey announced, “We can pay for it out of a growing, expanding economy. And it is actuarially sound.” It is depressing to record that three days later, on Sept. 28, Richard Nixon also proposed that Social Security benefits be increased automatically to offset cost-of-living increases. The blunt […]

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“Obama’s Louis XV budget full of gimmicks” – Chicago Tribune

Posted by Tom Duncan
February 21, 2011
in Blog

“Classic Obama debt reduction: Add $2 trillion in new taxes, then add another $1 trillion in new spending and, presto, you’ve got $1 trillion of debt reduction. And what of those “painful cuts” Obama is making to programs he really cares about? The catch is that these “cuts” are from a hugely inflated new base […]

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“Golden Opportunity for Social Security”

Posted by Tom Duncan
September 14, 2010
in Blog

“The time has come to get our financial situation in order. I’m not talking about the pros and cons of another stimulus or if the Bush/Obama plans “worked” or not, but a more substantive proposal. Let’s get some of our gold back from the International Monetary Fund, monetize it, and put it in the Social […]

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