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Posts Tagged ‘Economics’

ATLANTA – Smug economic super-genius, Paul Krugman, has recently been pillorying Barack Obama for thinking too small with his economic stimulus packages.  Paul Krugman is a super-genius, because he has a nobel prize in economics- and is a liberal.   (For the record, other nobel prize winners in economics, like Friederich Hayek and Milton Friedman, are not super-geniuses because they are not liberal).  At [...]

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ATLANTA— Researchers at the Harvard Business School published a study in late May of this year that turns recent Obama Administration arguments about the efficacy of stimulus spending on their head.  The Harvard researchers began with the intent of proving that states and communities benefit substantially when their state’s congressional delegation grows in power in Washington [...]

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BECKLEY — As many of you know I’m pretty long on China as an investment and am constantly looking for more investments in China either through ADR’s or directly on the Hong Kong Exchange.  However, there is a very interesting view espoused by James Chanos on Charlie Rose that sounds pretty counter my views.  Even [...]

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BECKLEY— Not sure who is familiar with Crash Proof 2.0 and Peter Schiff.  You should check out the book and his investment firm (Euro Pacific Capital) if you have the free time.  Anyways, Mr. Schiff’s views on economics and investments seem RIGHT ON to me.  He recently wrote an article that slams into our current [...]

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BECKLEY— Upon reading an article in the New York Times I was dumbfounded. The article titled “China Visit May Signal Easing by China on Currency” must have been an April Fools joke.  Simply the article states the following: The number hovers around 6.827. It is the nearly fixed rate of exchange between China’s currency, the [...]

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BECKLEY— What backs America’s money? Debt.  The value of the dollars you earn from your production (nationally GDP) in your pocket are backed by America’s ability to print more money.   The following chart shows this:

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BECKLEY— In this CATO Institute blog they point out several million of $90 billion in Federal spending that the Department of Transportation has recently given out. They follow up with a warning from a 1932 book, Congress as Santa Claus, written by Charles Warren:

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