Crash Course Chapter 7 (Money Creation): Understanding how money is created provides a foundation for appreciating the implications of our massive levels of debt, because it tells us how that debt came into being. As John Kenneth Galbraith once said, “The process by which money is created is so simple, the mind is repelled.” [...]
“If my sons did not want wars, there would be none.” ~ Gutle Schnaper, Mayer Amschel Rothschilds wife
I am one of those who do not believe the national debt is a national blessing… it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country
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Andrew Jackson, Letter to L. [...]
Ron Paul advocates withdrawing U.S. participation and funding from organizations he believes override American sovereignty, such as the United Nations, the International Criminal Court, the Law of the Sea Treaty, the WTO, NATO, and the Security and Prosperity Partnership of North America.
Paul is a proponent of free trade and rejects protectionism, advocating “conducting open trade, [...]
On October 2, 2008, Dean Glenn Hubbard, Senior Vice Dean Chris Mayer, and Professors Bruce Greenwald and Pierre Collin-Dufresne discussed the banking crisis and responded to questions from MBA students at Columbia Business School. The panelists addressed the turmoil among financial institutions, the government’s efforts to agree upon a bailout strategy and the potential effects [...]
Witnesses at the Senate Banking hearing on Pres. Bush’s financial bailout plan included: Treasury Sec. Henry Paulson; Fed. Reserve Chairman Ben Bernanke; SEC Chairman Christopher Cox; and OFHFA Chairman James Lockhart III.
Duration : 0:29:19
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Technorati Tags: bailout, [...]
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