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Brian Maher Contributor, Freedom Financial News Posted Dec 17, 2024 Dear Reader, What if Karl Marx triumphed over Adam Smith? That is: What if socialism “worked” — where capitalism failed? Should the United States take up collectivism on pragmatic grounds of efficiency? Or should it refuse the transaction on abstract grounds of principle? Should it […]

Brian Maher Contributor, Freedom Financial News Posted Dec 16, 2024 Dear Reader, How does a man descend into bankruptcy? Gradually — then suddenly — in Mr. Hemingway’s famous telling. The United States government has passed beyond bankruptcy’s gradual phase. It has entered bankruptcy’s sudden phase. Reports Schiff Sovereign: “Joe Biden Added $1 Trillion to the

Brian Maher Contributor, Freedom Financial News Posted Dec 13, 2024 Dear Reader, The Secretary of the United States Treasury — Yellen — is “sorry.” Sorry, that is, for her atrocious stewardship of the nation’s finances. Thus she sinks to two knees… all sackcloth and ashes… and confesses that: I am concerned about fiscal sustainability and

Brian Maher Contributor, Freedom Financial News Posted Dec 12, 2024 Dear Reader, Like an evil penny that returneth… a recurring migraine… or a fresh visit from a dreaded mother-in-law… The United States economy cannot shake inflation loose. The November inflation data has come issuing. Here USA Today gives the particulars: Inflation is moving in the

Brian Maher Contributor, Freedom Financial News Posted Dec 11, 2024 Dear Reader, Today I bear the gravest news. On Dec. 20… in a mere nine days… The United States government will partially “shut down” barring fresh congressional funding. If the two political parties cannot sink their differences… Uncle Samuel’s doors will swing partially shut —

Brian Maher Contributor, Freedom Financial News Posted Dec 10, 2024 Dear Reader, What Went Wrong With Capitalism? Author Ruchir Sharma has authored a work bearing that very title. His answer is that nothing went wrong with capitalism. Instead, capitalism itself was wronged. Wronged, that is, by tinkerers and meddlers. In its childhood capitalism was seized

Brian Maher Contributor, Freedom Financial News Posted Dec 09, 2024 Dear Reader, Reports Statista: American households accumulated $2.1 trillion in excess savings between March 2020 and August 2021… Three inflation-plagued years later, Americans have burned through those excess savings, and then some. At the end of September 2024, Americans had collectively saved $291 billion less

Brian Maher Contributor, Freedom Financial News Posted Dec 06, 2024 Dear Reader, Mr. Trump’s political foes denounce his threats to deport — by the bushel — illegal immigrants. It is “un-American,” they sob. It will sink the economy, they moan. Yet as argued the late economist Milton Friedman: “You can’t have free immigration and a

Brian Maher Contributor, Freedom Financial News Posted Dec 05, 2024 Dear Reader, A publication named The Conversation moans that: Trump’s return to the presidency means concerns about the future of US climate policy are mounting. His opposition to climate action and support for fossil fuels could slow down the nation’s net-zero transition. Net zero, Generative

Brian Maher Contributor, Freedom Financial News Posted Dec 04, 2024 Dear Reader, An abominable bogeyman… long deceased… may soon come resurrecting from the grave. This potential Lazarus is the scourge of Washington. It is the dread of Wall Street. And it may begin menacing both in January. What precisely is this mighty fee-fi-fo-fum? The answer