We Are Losing Our Economic Freedom

We are squandering a great opportunity to become energy independent and put millions of Americans back to work with moratoriums and still more regulations. To say more would only be repeating what has been said in the past. With reckless spending and willful deflect of our exploding debt our economic freedom in this county is being questioned unlike anytime before. It is almost cliche to say that government is the problem, however, in light of our current predicament it's worth repeating. The only mechanism that can create jobs and prosperity is the free market. The arena of ideas, opportunity, and work. You read where how I got to these conclusions below:

Now, the folks at Economic Freedom have a simple three minute video that highlights all of these concerns. It's worth your time. Enjoy.

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Comments

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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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