Pope Francis issued an apostolic exhortation that condemned free market economics, causing great gloating among establishment socialists.
One of the oldest notions in the history of mankind is that some people are to give orders and others are to obey. The powerful elite believe that they have wisdom superior to the masses and that they've been ordained to forcibly impose that wisdom on the rest of us.
The Bitcoin is no passing fancy but is gaining credibility daily as a better alternative to central banks' fiat currencies.
There's clearly no shortage of arrogance, senselessness, and deceitfulness among the current crop of politicians and central planners in D.C.
The mathematically inevitable end of one of the Ponzi schemes in Social Security draws closer as the number of disability recipients continues to increase.
Congress tells us that one-half of the Social Security tax is paid by employees and that the other half is paid by employers. The truth of the matter is that the burden of both taxes is borne by employees.
The very word "achievement" has been replaced by the word "privilege" in many writings of our times. Individuals or groups that have achieved more than others are called "privileged" individuals or groups, who are to be resented rather than emulated.
Fitch and Moody's downgrades of Chicago's general obligation bonds are markers on the road to Detroit for America's third largest city.
Various government agencies are discussing the possibility of regulating Bitcoin, but some experts say that Bitcoin's decentralized nature makes it difficult if not impossible to regulate.
Former Treasury Secretary Timothy Geithner announced his plans to serve as president and managing director of the Wall Street private equity firm Warburg Pincus as of March 2014.