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Federal Reserve Policies Cause Booms and Busts

Since the economic crisis of 2008-2009, the Federal Reserve – America’s central bank – has expanded the money supply in the banking system by over $4 trillion, and has manipulated key interest rates to keep them so artificially low that when adjusted for price inflation, several of them have been actually negative. We should not be surprised if this is setting the stage for another serious economic crisis down the road. Back on December 16, 2009, the Federal Reserve Open Market Committee...

Greens are the Enemies of Energy

Here in America and elsewhere around the world, Greens continue to war against any energy other than the “renewable” kind, wind and solar, that is more costly and next to useless. Only coal, oil, natural gas, and nuclear keeps the modern and developing world functioning and growing. The most publicized aspect is Obama’s “War on Coal” and, thanks to the Environmental Protection Agency, it has been successful; responsible for shutting down several hundred coal-fired plants by issuing...

On Presidential Leadership

Leadership is the hallmark of all great presidents as characterized by the Schlesinger Poll, perhaps the most prestigious of all presidential surveys. As Barack Obama concludes the last two years of his presidency, the historians and political scientists who participate in such polls will begin to assess the administration’s successes and failures and whether that leadership quality has been clearly demonstrated. What, one may ask, are the distinguishing characteristics of a great leader?...

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