by Steven Waechter
Former Michigan Congressman and Reagan Budget Director David Stockman’s new book “The Great Deformation†provoked a flurry of insult and ridicule when it first came out back in April. I’m late to the party because as a law school graduate I spend all of my...
by Steven Waechter
Upon realizing that the carnality which he desired was beyond his reach, the grubby, dwarfish Nibelung named Alberich cursed love itself in order to steal from the Rhine maidens the magical Rhine gold, which he fashioned into a ring which granted to its wearer the...
by Steven Waechter
If you look at the weekly price chart for either gold or silver for the week ending January 27, 2012, you can make out a distinct “J†shape in prices of both metals. Tuesday the prices were suppressed, and then on Wednesday they spiked upward. You can actually...
by Steven Waechter
Much attention has been focused on the size of the national debt as a whole; roughly $14.4 trillion. That number is astonishing, but the sheer size of the debt actually hides the true horror which is in store for the economy and future generations. The debt has many...
by Steven Waechter
At barely five feet tall and armed only with a Ph.D in economics, Milton Friedman hardly had the look of a hero set out to save a nation. Yet, Professor Friedman predicted with near perfection the disastrous economic situation the United States is enduring today. He...