There are a lot of people that talk about abolishing the Federal Reserve System, especially on the right. It appears to be a fanciful idea, mainly because the Fed is a very well established part of our economy. It is also one of the more misunderstood parts of our government because of its shadowy...

The general consensus among the stock market watchers, investors and even economists is that we are currently in a bear market. One that started in December 2007, roughly. The only problem with that analysis is that we are pricing everything in terms of the US dollar. As anyone who studied economics...

The price of gold has reached an all time high, as the dollar’s value continues to weaken. All of the trillions on dollars that have been pumped into our system are now starting to take effect. From the $700 billion of the TARP funds, to the billions spent in government takeovers of GM, Chrysler,...

According to the Detroit News, the students are being brided to attend what is known as “count day”, which determines how much funding there will be for that school year. The more students, the more money you get. Each student is worth roughly $7,500. The Detroit Public schools have spent...

Michigan, my home state, is once again facing a gigantic budget shortfall and is on the verge of shutting down its government. The same thing happened just two short years ago, and the government did shut down for 2 days while the lawmakers eventually passed a series of tax hikes to cover the gap. We...

Despite having lost 247,000 jobs in the month of July, Obama claims that the country is now headed in the right direction. That’s like saying a alcoholic is on the road to recovery if he only gets drunk six days a week instead of seven. The real sign that the economy is headed out of a recession...