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Showing posts from October, 2010

Stossel: Freer Is Better

The 2010 Index of Economic Freedom lowers the ranking of the United States to eighth out of 179 nations -- behind Canada! A year ago, it ranked sixth, ahead of Canada. Don't say it's Barack Obama's fault. Half the data used in the index is from George W. Bush's final six months in office. This is a bipartisan problem. For the past 16 years, the index has ranked the world's countries on the basis of their economic freedom -- or lack thereof. Ten criteria are used: freedoms related to business, trade, fiscal matters, monetary matters, investment, finance, labor, government spending, property rights and freedom from corruption. The top 10 countries are: Hong Kong, Singapore, Australia, New Zealand, Ireland, Switzerland, Canada, the United States, Denmark and Chile. The bottom 10: Republic of Congo, Solomon Islands, Turkmenistan, Democratic Republic of Congo, Libya, Venezuela, Burma, Eritrea, Cuba, Zimbabwe and North Korea. The index demonstrates what

$5,000 Gold Bandwagon Now Includes These 65 Analysts – Got Gold?

The small group of gold enthusiasts who started out few in numbers a few years back has made a parabolic move over the past year or so much like their projections for the future price of gold. They now number an unbelievable 108 who have stated, with sound reasons in their opinions, why gold could quite possibly go to a parabolic top of at least $2,500 an ounce – to even as much as an unimaginable $15,000 – before the bubble finally pops! In fact, the majority (65) maintain that $5,000 or more for gold is likely. In this article I identify the economists, academics, analysts and financial writers who hold such a lofty opinion of the prospects for gold and provide the URLs of their articles so you can ascertain for yourself their logic for such parabolic moves in the years to come. ( Please note: This is a one-of-a-kind article which no doubt will get a great deal of attention and be posted on a large number of other financial sites and blogs. This is encouraged but to

Angle: Republicans Have ‘Lost Their Standards’ and ‘Their Principles’

In private, Sharron Angle may be as bold and brash as she is in public. An audio recording has emerged of the Nevada GOP Senate candidate criticizing the Republican establishment during a meeting with third-part rival Scott Ashjian and his allies. “The Republicans have lost their standards, they’ve lost their principles,” Angle said in a thirty-eight minute audio recording obtained by the Las Vegas Sun . “Really that’s why the machine in the Republican Party is fighting against me… They have never really gone along with lower taxes and less government.” According to HuffPo, Angle goes on to make a biblical comparison : “You gotta get my armor off and let me pick up this sling,” she said drawing a comparison between her fight and that of David and Goliath. “That’s exactly where I am right now, is trying to get them to leave me alone for long enough so I can get my sling and go after this guy. There are just these issues.” Read more: Here