Oil

Democratic presidential candidate Barack Obama not only wants to raise the price of your gas, he wants to raise the price of your food. Not to mention tax you to death for the privilege.

The Free Minds TV Hiatus Episode. Toby and Nick talk about an old man involved in a illegal taxi sting for giving a woman a ride home from the grocery store before getting into this week’s Downsizer Dispatch. Also, old gas pumps can’t handle rising prices, why the government can’t fix the fuel crises, and [...]

Fed chairman Ben Bernanke testified before Congress a few days ago, and was schooled once again by Ron Paul. My favorite statement by Bernanke, which he often repeats when discussing monetary issues with Dr. Paul, is that he is charged with creating "stable prices" via the workings of the central bank. It honestly blows my mind that you can assume you are creating price stability by inflating the money supply. Look at this graph of the MZM money stock: