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The Fed Enabling Biden and Congress’ Destructive Agenda

The Fed Enabling Biden and Congress’ Destructive Agenda

by Ron Paul | Mar 8, 2021 | Current Events, Economy, Federal Funding

According to the Congressional Budget Office (CBO), 2021 will be the second year in a row in which the federal debt exceeds Gross Domestic Product (GDP). CBO also projected that this year’s federal deficit will be 2.3 trillion dollars, which is 900 billion dollars...
The Real Scandal of the Spending Bill

The Real Scandal of the Spending Bill

by Ron Paul | Dec 28, 2020 | Current Events, Economy, Federal Funding

Last week Congress passed a massive coronavirus relief and omnibus spending bill. President Trump threatened to veto the bill, saying he wants an increase in the amount for “stimulus” checks authorized by the bill from 600 dollars to 2,000 dollars. The checks are...
The Real Scandal of the Spending Bill

Trump Administration Runs Yet Another Really Big Deficit in November

by Mike Maharrey | Dec 12, 2020 | Current Events, Economy

The Trump administration kicked off fiscal 2021 with the biggest October deficit in history. But with the first of November falling on a weekend, some November spending got shifted into October, inflating that month’s deficit. Now that we have the November...
Only Congress Can Spend Federal Monies

Only Congress Can Spend Federal Monies

by Judge Andrew Napolitano | Aug 13, 2020 | Appropriations Clause, Current Events

“No Money shall be drawn from the Treasury, but in consequence of Appropriations made by Law.” -U.S. Constitution, Article I, section 9 Congress and the White House have been at loggerheads for weeks on the next phase of federal aid to those suffering...
The Federal Reserve Will Likely Cause the Next Crisis

The Federal Reserve Will Likely Cause the Next Crisis

by Ron Paul | Jul 13, 2020 | Economy, Federal Reserve

Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that the Federal Reserve’s policies create economic inequality. Unfortunately for Powell, Daly, and other Fed promoters, a cursory look at the Fed’s operations shows...
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