Bernanke,the Wizard Behind Obama’s Sham Economy

Dr. Mark W. Hendrickson

On July 11,The Center for Vision &Values posted my article decrying the insulting name-calling directed toward Federal Reserve Board Chairman Ben Bernanke. The very next day,Bernanke made me question my forbearance by telling Congress that a third round of “quantitative easing,” or “QE3,” could be a near-term [...]

Hilarious Music Video:“Raise the Debt Ceiling”Rap

Even non-fans of rap (like me) will enjoy this musical look at the hottest debate in Washington. It’s good to have a laugh on the road to serfdom. And since this video was produced by the people at Reason TV,there is little chance it will incur legal harassment from speech-chilling PC fascists,the way [...]

Gold Isn’t Money? Say What?

Floyd and Mary Beth Brown,FloydReports.com

Gold isn’t money? How could America get to this point we asked in astonishment upon hearing the Chairman of the Federal Reserve proclaim,“Gold isn’t Money.”

No wonder our leaders in Washington misspend our money. They don’t even understand what it is.

For those of you without a [...]

Even the Fed Can’t Save Obama

Dr. Mark W. Hendrickson,FloydReports.com

As chairman of our country’s central bank,the Federal Reserve Board,Ben Bernanke is expected to put the economy on a sound footing and foster strong economic growth. Unfortunately,Bernanke faces “mission impossible”—partly because the policies implemented by Congress,the president,and bureaucrats account for much of what happens [...]

Manning the Barricades for Virtue and America

Floyd and Mary Beth Brown,FloydReports.com

This a Fourth of July we are reflecting on the Founding Father’s intensive study of the Roman civilization. Knowing history,they embraced Rome’s virtues and eschewed her vices. The Founders understood the currents of history which gave us a collective heritage unrivaled. Sadly,we as a nation are [...]

Swindling America’s Youth

Dr. Mark W. Hendrickson,FloydReports.com

We older Americans have saddled our youth with a mind-boggling public debt—over $20 trillion already spent ($14.3 trillion of “official” national debt plus various off-budget expenditures,according to the U.S. Treasury);trillions more of projected deficit-spending over the coming decade;and tens of trillions of dollars of [...]

Don’t Like ObamaCare? Stay Poor

Ben Johnson,The White House Watch

Some of us have long argued the Obama administration is pushing a two-track system of financial bondage for the nation:tremendous profits and options for the ruling class,with cradle-to-grave socialism for the penniless underclass. In between,the middle class will be squeezed into non-existence.

Enter Neal Kumar [...]

Here Comes Inflation,Round Three (with Video)

Jonathon M. Seidl,The Blaze

QE1,QE2,and now,QE3? No,those aren’t British monarchs. Rather,they’re the numbers and letters that have become synonymous with the Federal Reserves practice of printing money and flooding the market with cash through the use of the bond market. By buying up bonds,the Fed has to [...]

Obama’s “Animal House”Policy for Medicare

Dr. Mark W. Hendrickson,FloydReports.com

The trustees of the Medicare system recently reported that the program will go broke in the year 2024—five years sooner than was projected just last year.

The millions of Americans who have been counting on Medicare to be a reliable,stable guarantor of affordable health care in their senior [...]

Obama’s Economy Worse than the 1970s

Floyd and Mary Beth Brown,FloydReports.com

The worst economic conditions in recent memory were during the Jimmy Carter era of stagflation. Stagflation was a term coined in the 1970s to describe high unemployment with high inflation. Stagflation is back. Translation:America’s middle class is getting poorer;a record number of middle class workers are [...]

Obama’s Double-Dip Recession is on the Way

The Washington Times

The experts at the National Bureau of Economic Research say the Great Recession ended in June 2009. After that,it looked for a brief period as if there might be a surge of economic growth as an oppressed private sector fought to break free of the malaise. It hasn’t happened,and [...]

Team Obama Deflects Blame for Higher Prices

Dr. Mark W. Hendrickson,FloydReports.com

As Americans increasingly feel the pinch of higher prices for food and fuel,the Federal Reserve’s QE2 policy of creating more money has been called into question. Asked if the Fed bore some responsibility for these vexing price increases,Fed Chairman Ben Bernanke essentially replied,“It’s not our fault.” [...]

Obama’s Economy is Making You Poor

Floyd and Mary Beth Brown,FloydReports.com

While Barack Obama spends his time running victory laps around the country over the killing of Osama bin Laden,the American economy is careening toward a dangerous cliff. Royal Weddings,Obama’s multiple birth certificates,and absurd arguments about the NFL lockout dominate the news while daily Americans get [...]

Obama’s Critics Win a Round

Floyd and Mary Beth Brown,FloydReports.com

Mao taught his follower,“Politics is war without bloodshed,while war is politics with bloodshed.” Obama practices his politics as the master taught.

In his speech before the mourners of the January 8,2011,Tucson shooting,he said,“As we discuss these issues,let each of us do [...]

Playing the Ostrich on Inflation

Dr. Shawn Ritenour,FloydReports.com

By the time you read this,Federal Reserve Chairman Ben Bernanke will have held the Fed’s first press conference following a meeting of the Federal Open Market Committee—the Fed committee that controls monetary policy. Leading up to this historic moment,the popular press has repeated a well-rehearsed rhetorical dance as [...]

Analyst,The Fed Will Re-Elect Obama in 2012

Patrick Allen,CNBC.com

As we approach next year’s presidential elections,the chances of President Barack Obama being ousted by a rival from either side of the political divide are low,according to Thanos Papasavvas,the head of currency management at Investec Asset Management.

“History is very much on the side of the incumbent president [...]

Produce Aisle Sticker-Shock in Obama’s America

Susan Stamper Brown,FloydReports.com

One trip to the grocery store is enough to remind me that the recent uptick in the stock market has no bearing on the cost of living these days. And yet,Federal Reserve Chairman,Ben Bernanke could suggest with a straight face to Congress that we are experiencing a “temporary [...]

More Dollars,Less Wealth

Shawn Ritenour,FloydReports.com

[...]

Oppose the Fed? You’re a “Terrorist”

Ben Smith,Politico

Here’s a novel of an expansion of the federal government’s use of the word “terrorism,”from the triumphant statement of a North Carolina U.S. Attorney,Anne Tompkins,who just won a conviction against a man who minted his own currency:

Attempts to undermine the legitimate currency of this country are simply [...]

Obama is the Charlie Sheen of Debt Addiction

Floyd and Mary Beth Brown,FloydReports.com

Watching Charlie Sheen’s outbursts is a great entertainment for Americans. Here is a guy who has it all —fame,fortune,a great career —and it is all crashing in on him because of addiction.

We all know that Charlie Sheen is one 911 call from the [...]