The Independent Institute

 
        

Decisive Brexit Referendum: What Happens Next? Part 3: Bust Banks, Banksters, & Bailouts »

[See Part 1 Here and Part 2 Here] A lot has happened since my last posting on the June 23rd Brexit vote. A new government in the UK, the petition for a new referendum vote has been exposed as a scam, most markets have stabilized as anticipated and the Labour Party civil war over...
Read More »

The Benefits of TARP »

The Congressional Oversight Panel evaluating the Troubled Asset Relief Program (TARP) concludes “...that the public ‘stigma’ surrounding the Troubled Asset Relief Program has constrained policy choices and may make it politically impossible to take similar rescue actions in the future,” according to this article. The Panel’s report says, “Popular anger against taxpayer dollars going...
Read More »

Robert Higgs Interviewed: Government’s Intrusions Threaten Economy »

Independent Institute Senior Fellow Robert Higgs is interviewed on “Government’s Intrusions Threaten Economy.” Interviewed by Steve Stanek of the Heartland Institute, Dr. Higgs explains that the government’s growing intrusions into the economy—bank bailouts, economic stimulus, interest rate manipulations and credit expansion by the Federal Reserve, increased business regulations—could eventually lead to soaring price inflation...
Read More »

Robert Higgs Debates James Galbraith on Obamanomics »

Independent Institute Senior Fellow Robert Higgs debates James Galbraith (Professor of Economics, University of Texas; son of infamous, “liberal”, Keynesian economist John Kenneth Galbraith) on Antiwar Radio regarding the folly of government bailouts for insolvent banks, creation of the Glass-Steagall Act as a means to prevent FDIC insured banks from taking excessive risks, benefits...
Read More »

Mike Church Interviews Robert Higgs »

Last week, Robert Higgs appeared on the “Mike Church Show.” If you missed it, you can check it out here. [Audio clip: view full post to listen]

Dave Barry’s Review of the Year 2009 »

Syndicated columnist and bestselling author Dave Barry’s provides an incisive and hilarious, month-by-month review of the year 2009, “Dave Barry’s year in review: 2009.” As he begins: It was a year of Hope—at first in the sense of “I feel hopeful!” and later in the sense of “I hope this year ends soon!” It...
Read More »

Saturday Night Live Lampoons Obama »

Saturday Night Live lampoons Barack Obama and his reckless and gargantuan, federal government spending and debt mongering in their recent skit of a joint press conference with Obama and Chinese President Hu Jintao, “China Wants Its Money Back”:

Confiscation of Bondholder Assets Dooms GM »

Much has been made in recent weeks about the fact that the GM bankruptcy agreement moved the government’s claims to GM ahead of bondholders with secured debt. Had GM gone through typical bankruptcy proceedings the bondholders would likely have ended up owning more than half of GM, not the 10 percent they actually got....
Read More »

The New Economy’s New Key Indicators: Lobbying, DC Luxury Hotel Occupancy Up »

An article in today’s Wall Street Journal, “Federal Intervention Pits ‘Gets’ vs. ‘Get-Nots’” provides two new key indicators of just what drives the new, new economy: government largesse. Government spending as a share of the economy has climbed to levels not seen since World War II. The geyser of money has turned Washington into...
Read More »

The Obama Bear Market: “Never waste a good crisis” »

As reported by Bloomberg, the Dow Jones Industrial Average has not only dropped by 53.4% since its high in October 2007 but by an astounding 31% since the inauguration of Barack Obama as U.S. President, with a $1.6 trillion loss in equity and contraction of the American economy by 6.2% since he took office....
Read More »

  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org