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America's Economic History

Economists Say Trump is Wrong

Yahoo reported that economists deny Trump’s ability to bring jobs back to America from China and other countries. Well, the economists are wrong. All it would...

Wesley Clark & U.S. Internment Camps

There is little doubt that the government has been building internment camps to use during periods of civil unrest as socialism collapses. People who think this is...

Obama & Prison Reform

Obama’s visit to El Reno Federal prison (Correctional Institution) in Oklahoma is probably one of the few acts he has done that I agree with. Like most...

The Long Depression – the First Great Depression

What actually constitutes the Long Depression has been debatable, for at first it was called the Great Depression, and then that title was transferred to the...

Why The Federal Reserve Worked During the 1930s

When the Great Depression began, over 8,000 commercial banks belonged to the Federal Reserve System, but nearly 16,000 did not. There were still state banks that...

The Truth About the 1933 U.S. Banking Holiday

Herbert Hoover’s memoirs (1951) documents the fact that Franklin D. Roosevelt (FDR) played a very dirty game of politics. There were rumors that FDR would...

Jade Helm

A lot of emails have been coming in about Jade Helm, a highly secret and most controversial U.S. Special Operations exercise that created a flood of conspiracy...

Money is Irrelevant – Deal With the Issue Directly

QUESTION: I understand austerity is self defeating and crippling, but is there any other way to constrain elected officials from driving into unsustainable public...

Why Was the 1933 Confiscation of Gold A “Good Thing”?

QUESTION: Why was the confiscation of gold by FDR in 1933 a good thing? ED ANSWER: What you have to understand is that Franklin Delano Roosevelt’s (FDR) actions...

What if NAFTA Became a Monetary Union?

OK. Let’s try to explain Europe a different way. What if the USA adopted a policy that said NAFTA (North American Free Trade Agreement) should move from a...