Monthly Archives: February 2012

Where Does Money Come From?

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Where does money come from? The answer is so simple that many people find it confusing. In this article, we’ll be talking about a specific source of money creation — that of fractional-reserve banking used by almost every saver and borrower in the West. For the most part, money is created out of thin air by banks literally printing new money when they create new loans. When the bank gives out a loan for a house, it’s printing the money.

Are We About to Enter a New Recession?

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About five months ago, the Economic Cycle Research Institute made a new call that had them receive plenty of praise and criticism — they predicted we were about to start entering a new recession. Since then, we’ve had plenty of economic indicators hit 20+ month lows, including their monthly coincident index.   Meanwhile, the government has reported “positive” and yet misleading reports about the labor market, as I’ve written about at my business websites here and here. But back to

The Original Intent of the Second Amendment

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There is a constitutional right to keep and bear arms. There are very few topics as open-and-shut as the meaning of the Second Amendment. Literally all evidence from the founding fathers shows that there was a consensus as to what the original intent and the original meaning of the Second Amendment was. The Second Amendment was written to keep the power in the hands of the people. Its intent was to ensure that every person was able to take up

Romans 13: Rulers Should Enforce Natural Law

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One of the most abused and misunderstood texts in the entire Bible is a passage from Romans 13, written by Paul – formerly Saul of Tarsus. Conservatives and tyrants alike have used this passage to rationalize obedience to tyranny likely for the last two thousand years. Conservatives see it as a blanket statement — that governments have the “authority” to punish sin just because it’s sin. Tyrants see the text as a beautiful passage that essentially gives them the ability

Gun Control Facts: Why Gun Control Always Fails

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Free men must be able to defend themselves from robbers, killers, and tyrants. And that’s why gun control is both unconstitutional and evil. The Second Amendment to the US constitution explicitly states: A well regulated militia being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed. Over the following week, I’ll be going over the topic of gun control, the Second Amendment, and why gun control in all its

Why Did the South Secede?

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History is important. Through it we can understand our future, understand politics, understand economics, and understand almost everything a little better. And that’s why having a proper understanding of historical events is important — having a warped view of history gives us a warped view of the present. Of all of the misunderstood events in history, the American Civil War is probably the worst of the lot. Most students believe that the South was fighting to keep all of the

How the Feds Make Some People “Artificially” Rich

christie obama

The following was written by Sam Paul, a student at New Saint Andrews College. The Occupy Wall Street movement has it all wrong. By targeting corporate America, they let the real culprits slide. The federal government, through inflation, and the consequent income distribution that follows, has thrown an inordinate amount of economic support for a minute percentage of the American populace. Put bluntly, the federal government transfers wealth from the not-as-successful to the already-successful. The process by which this inequality comes

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