Coming to terms with Reconciliation

President Obama recently urged Congress to pass a “health care bill” using reconciliation, sometimes called the “nuclear option,” if needed.But what is the “nuclear option”?A 2005 Salon.com article explains, “The …

Delusions About Freedom

by: Jacob G. Hornberger Why did early Americans consider themselves free? The answer is rooted in the principles enunciated in the Declaration of Independence. As Thomas Jefferson observed in that …

Bernanke on a Bailout of the Treasury

by: Gary North On February 10, Ben Bernanke testified to the House Financial Services Committee. The topic: “Federal Reserve’s exit strategy.” His printed testimony contained the familiar promises. The Federal …