When Goldman Sachs was implicated in helping Greece deceive the European Union and its own citizens about the extent of its debt and deficits, it was another stone in the growing pile of evidence illustrating the incestuous relationship between governments and central banks.
Former Congressman J.D. Hayworth of Arizona is taking aim at the Senate seat now held by former presidential candidate John McCain. Hayworth has gotten attention for pointing out that McCain “campaigns claiming to be a conservative — but legislates as a liberal.”
As South Carolina State Representative Mike Pitts walked into the Greenwood (South Carolina) Chamber of Commerce annual Legislative Breakfast Friday morning, he knew what the local small business leaders gathered there were most anxious to hear about. Anybody listening to the radio or reading the paper had heard reports that Representative Pitts wanted to outlaw paper money in South Carolina. That sort of dust up is better than donuts at drawing at a crowd at the Chamber.
The imperial presidency that Americans have had to endure for as long as most of us can remember was not the intention of our Founding Fathers who drafted the Constitution. The powers of the presidency are very limited, as a reading of Article II makes very clear. It is also perfectly evident, according to Article I, that it is Congress, not the president, that authorizes all federal spending.