The 2010 landslide means that Republicans in the House can stop any new legislative initiatives by the Democrats and that Senate Republicans, if united, can stop almost anything Democrats want to do in that body as well. House Republicans can also send to the Senate bills that will put political pressure on Obama and Senate Democrats, like a complete extension of the Bush tax cuts. But at the federal level, Republicans cannot actually do anything without Democrats caving in.
Library of Economics and Liberty(Liberty Fund)
The Library of Economics and Liberty is dedicated to advancing the study of economics, markets, and liberty. It offers a unique combination of resources for students, teachers, researchers, and aficionados of economic thought.
The website is provided by Liberty Fund, Inc., a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals. The Foundation develops, supervises, and finances its own educational activities, with the goal of fostering discussion and thought on enduring topics pertaining to the creation and maintenance of such a society.
The Fed Printing More Money Will Make Things Worse
Today, Chairman Ben Bernanke gave a big speech on the Federal Reserve’s next move in Boston. During his speech, Bernanke announced yet another round of “quantitative easing”. In plain English, this means that the Fed will fire up their printing presses to create more money. This likely won’t end well.
Federal Reserve System
Several monetary institutions appeared in the United States prior to the formation of the Federal Reserve System, or Fed. These were, in order: the constitutional gold (and bimetallic) standard, the First and Second Banks of the United States, the Independent Treasury, the National Banking System, clearinghouse associations, and the National Reserve Association. The Fed was the last such institution founded. Although it has endured, the present-day Fed would be unrecognizable to its founders.
Federal Reserve
What is the Federal Reserve System?
The Federal Reserve System, often referred to as the Federal Reserve or simply “the Fed,” is the central bank of the United States. It was created by Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role has evolved and expanded.
When was the Federal Reserve created?
The Federal Reserve was created on December 23, 1913, with the signing of the Federal Reserve Act by President Woodrow Wilson. The act had been drafted as House Resolution 7837 by Representative Carter Glass (D-VA), incoming chairman of the House Banking and Currency Committee.
Obama & Co.: Never Met A Tax They Didn’t Love
Director David Zucker of “Airplane” fame and most recently “Call Me Senator” addresses our timeless little problem with the Federal Government and its thing about bleeding American citizens dry.
Federalism and the New Conservatism: Reagan2020.us-Clear Vision for the 21st Century
“We, the members of the New Republican Party, believe that the preservation and enhancement of the values that strengthen and protect individual freedom, family life, communities and neighborhoods and the liberty of our beloved nation should be at the heart of any legislative or political program presented to the American people.” —Ronald Wilson Reagan (1911 – 2004)
Health 101: How We Lowered Our Costs
I just got my health insurance renewal premium for 2011, and our family’s cost went down 19 percent. Yes, down! — and all because we did the opposite of ObamaCare for our family.
Now I am not an Ivy League grad; nonetheless, I figured out how to dramatically lower my health care costs two years in a row. And by costs, I mean both insurance premiums and overall expenditures for health care — without sacrificing anything.