More on Eminent Domain Solution for Underwater Houses

March 10th, 2014
in Op Ed

Critiquing Richmond's eminent domain plan - Prof. Hockett's response

by Ellen Brown, Web of Debt

The comment below to my eminent domain article merited a detailed response, so I sent it to Professor Robert Hockett, the Cornell University law professor who was the principal author of the Richmond plan. His answer was so useful that I thought I would submit it as a separate post, also below. Thanks Bob and Marc!

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Barack Obama Ensures A Long Depression

March 10th, 2014
in Op Ed, syndication

by Benjamin Weingarten, Mises.org

Editor's note: The was written and originally posted 11 December 2009 at mises.org.

Political success, as reflected in the recent gubernatorial races appears ever-more staked on the state of the economy. Official unemployment recently measured 10 percent, though the more-honest gauge (U-6) shows the nation running unemployment at a Depression-like 17.2 percent.

In response to high unemployment numbers, Barack Obama has said,

"I will not rest until all Americans who want to work can."

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The Fed Scam: An Example of Confusion

March 9th, 2014
in Op Ed, syndication

Written by

The Documentary of the Week just published is a confounding mixture of fact, misrepresentation and opinions some of which are sound (based on facts) and others are, well, just opinions. The video presentation is also missing any suggested actions to be considered (other than suggesting the viewer should buy gold and silver which is the sponsor's business). This was originally to be an accompanying discussion of the video. It simply got too long for that and is posted separately here.


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Emerging Markets: Déjà vu All Over Again

March 8th, 2014
in Op Ed

by Jayati Ghosh, TripleCrisis.com
Originally appeared at Triple Crisis
, 03 February 2014

So now we have witnessed yet another sell-off of emerging market assets in global financial markets in the last week of January, which has caused currencies to depreciate from Argentina to Indonesia and many countries in between. For those who had seen it coming,  it was one more reminder of the extreme fragility generated by global financial integration, and the problems that such exposure can create for developing countries whether or not they also have specifically domestic economic concerns. Essentially, these markets are now so peculiarly integrated into the global financial system that they are part of the collateral damage whenever U.S. monetary or fiscal policy changes.

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A Pseudo Conversation between John Kerry and Ukraine Leaders

March 7th, 2014
in Op Ed

Written by

Editor's note: In this special column, Frank Li imagines what a conversation between  U.S. Secretary Of State John Kerry and Ukranian leaders might have been like.  Enjoy.

As U.S. Secretary of State John Kerry travels around Europe for the Ukraine crisis, I have managed to obtain a copy of the taped conversation between him and the new Ukrainian leaders via a friend working at the NSA. I am hereby releasing it for your information.

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