“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
The great anti-federalist Brutus wrote, “I can scarcely contemplate a greater calamity that could befall this country, than to be loaded with a debt exceeding their ability ever to discharge.” And here we are. With little fanfare, the national debt blew past $32...
Congress “solved” the debt ceiling problem by effectively eliminating borrowing limits for the next two years. But it did nothing to address the underlying problem. And that underlying problem is painfully obvious when you look at the monthly budget deficits the...
Statists all across the United States, especially those within the mainstream press, are uncorking their champagne bottles today and celebrating the newest deal that lifts the debt ceiling. Predictably, the political strategy of crying “Default! Default! Default!”...
AUGUSTA, Maine (Apr. 26, 2023) – On Monday, a Maine committee held a hearing on a bill to authorize the treasury to invest certain state funds in gold, silver, or other precious metals. This would create a way to help protect Maine funds from the impacts of inflation....
The founders and old revolutionaries used the word “depreciation” to describe what we call “inflation” today. Their way is much better – because when people understand that money is worth less (or worthless), it’s much easier for...