Rep. Steve Stockman (R-Texas) has proposed bill to ensure that virtual currencies are treated as currency for tax purposes, which would reverse the IRS ruling that Bitcoin will be taxed, retroactively, as property.
The recently released transcripts of 14 Fed meetings of 2008 show Fed officials were clueless and unaware of the imminent recession.
Another wake-up call on America's fiscal problems, this time from a British think tank.
The welfare state under Obama continues to expand, exacerbating all the faults and fallacies of such schemes, as predicted years ago by Henry Hazlitt.
When the oppressed keep out the non-oppressed and keep their neighborhood depressed, who are the real oppressors?
The Discovery Channel's Dirty Jobs host Mike Rowe gave his Facebook fans a lesson in free market economics when he "touched the third rail" of retailing, Walmart.
The ex-chairman of the Federal Reserve is the newest fellow at the Brookings Institution, one of the most influential “progressive” think tanks promoting world government (or “global governance,” the euphemism the internationalists prefer to use today).
The Congressional Budget Office left out two critical elements in its announcement that deficits now appear to be under control: birth rates and tipping points.
Today is our lucky day, the day each year my wife and I get to be on the receiving end of multiple doses of federal welfare — for our overnight Amtrak excursion from Lorton, Virginia (near Washington, D.C.), to Sanford, Florida (near Orlando).