The problem with giving the state arbitrary power is they wield their power arbitrarily.
Sunday, March 1, 2009
Obamanomics: Print More Money!
Peter Schiff, president of Euro Pacific Capital and predictor of the US economic collapse, explains why we cannot print our way to prosperity. Note: this failed idea is not held exclusively by Obama; "free-marketer" Bush and McCain hold this same view.
There is a very public battle occurring between the ideologues on the left and the right, and each camp has its set of designated talking heads whose sole purpose is to propel its own agenda. It seemingly need not matter that the size and scope of the federal government has been expanding exponentially regardless of who is at the helm.
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