The Conservative Nation

Zhou Xiaochuan, the governor of the People’s Bank of China has written an essay which calls for the creation of a new global currency to replace the US dollar as the international reserve currency and to be controlled by the International Monetary Fund (IMF). The new reserve currency would be “disconnected from individual nations and [...]

I read an article that starts off saying: Denouncing a “squandering of the people’s money,” lawmakers voted decisively Thursday to impose a 90 percent tax on millions of dollars in employee bonuses paid by troubled insurance giant AIG and other bailed-out companies. Lawmakers talking about someone else “squandering the people’s money”??? That is worse than [...]

The big item in the news today is the outrage of the government over the bonuses paid to AIG executives out of bailout funds. U.S. representatives and senators, along with the president, are all expressing outrage over the millions of dollars that are being paid out in bonuses to AIG executives. This money is coming [...]

Holy Moly, as if President Obama needed encouragement to spend our grandchildren’s money, now UK Prime Minister Gordon Brown is coming to town to do just that. Prime Minister Brown hopes to forge a partnership with President Barack Obama in Washington this week, to call for a “global new deal” to lift the world out [...]

Today is the last day of February and it has to be one of the worst months, financially, that our country has seen in over a generation. While scanning the headline on the various news related websites, it is very apparent that we are in for a rough time for the remainder of the year, [...]