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The Fed-launched real estate bubble did not just create havoc in residential markets, but also has distorted the commercial real estate market, too. And it is getting worse.
As the European Union becomes increasingly dominated by progressive elites, it becomes more authoritarian and contemptuous of the rights of those the Union purports to serve.
While Thomas Paine might be one of the most obscure "Founding Fathers" of this country, he was a powerful intellect who helped move people to choose liberty and independence.
As officials feign outrage over the death of Alexei Navalny and the jailing of Evan Gershkovich, the US government tries to imprison a journalist for breaking truly incriminating stories.
When governments go to war, the nation’s monetary system usually descends into the pit of inflation. The War of 1812 was no exception, and its monetary excesses led to the Panic of 1819.
In a recent interview with 60 Minutes, Fed chairman Jerome Powell gave assurances that the US banking system is sound. Ben Bernanke also claimed almost twenty years ago that real estate markets were not overextended. The hubris must be in the water at the Eccles
Socialists never give up trying to prove that socialism can maintain a functioning economy. Some have dragged out a nearly forty year old study as their exhibit A.
While term limits is a near-article of faith by many on the right, the concept is flawed at its inception and the results are worse than anticipated.