• WisconsinLiberty's Avatar
    Yesterday, 11:31 AM
    Blame the Fed for ‘Shrinkflation’ Ron Paul March 18, 2024 President Biden may have recently made history as the first president to discuss snack chips in the State of the Union message. He used snack chips to illustrate the phenomenon of shrinkflation. Shrinkflation occurs when businesses reduce the amount of goods sold in order to avoid raising prices. President Biden pointed out that businesses hope that, since both the price and the size of the package remain the same, most consumers will not notice they are getting fewer chips, cookies, or whatever other product has been affected by shrinkflation. President Biden called on Congress to pass legislation, sponsored by so-called moderate Senator Bob Casey of Pennsylvania, to crack down on companies that reduce the amount of a good in a package. Biden and his congressional allies and media apologists think that this will stop shrinkflation. They think this because they believe shrinkflation is caused by corporate greed. In fact, shrinkflation is a rational response to increased prices caused by the Federal Reserve’s dollar depreciation.
    0 replies | 85 view(s)
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    03-16-2024, 11:05 AM
    v4gowfz Trump Endorses Deep Stater — When Will He Learn? Donald Trump recently endorsed Michigan’s former U.S. Rep. Mike Rogers for the state’s open Senate seat, sparking backlash from GOP Sen. Rand Paul about Trump’s counsel and his ability to avoid the personnel pitfalls of his presidency. Today, we discuss Rogers’ intelligence past, his terrible voting record as a lawmaker, and Trump’s continuing judgment problem.
    replies | 105 view(s)
  • WisconsinLiberty's Avatar
    03-14-2024, 10:23 PM
    v4gowfz Trump Endorses Deep Stater — When Will He Learn? Donald Trump recently endorsed Michigan’s former U.S. Rep. Mike Rogers for the state’s open Senate seat, sparking backlash from GOP Sen. Rand Paul about Trump’s counsel and his ability to avoid the personnel pitfalls of his presidency. Today, we discuss Rogers’ intelligence past, his terrible voting record as a lawmaker, and Trump’s continuing judgment problem.
    78 replies | 3104 view(s)
  • WisconsinLiberty's Avatar
    03-11-2024, 08:27 PM
    Rep. Mike Rogers, Michigan, District 8 Republican Freedom Index Score: 51%
    78 replies | 3104 view(s)
  • WisconsinLiberty's Avatar
    03-11-2024, 08:22 PM
    Wyoming Eliminates "Gun-free Zones" The New American March 11, 2024 Republican Wyoming Governor Mark Gordon is about to sign a bill passed last week by both houses that will eliminate the last of any “gun-free zones” existing in the Cowboy State. If he doesn’t sign it within three days, the bill will automatically become law. It’s called the “Wyoming Repeal Gun Free Zones Act,” and it allows state citizens carrying a concealed firearm to be present at “any meeting of a governmental entity … or a committee thereof,” as well as at “any public school, public college or university athletic event” and “any public elementary or secondary school facility,” including “any public college or university facility.”
    2 replies | 154 view(s)
  • WisconsinLiberty's Avatar
    03-04-2024, 07:15 PM
    Federal Reserve Responsibility for Consumer and Government Debt Crises By Ron Paul - March 4, 2024 According to the Federal Reserve, credit card delinquencies increased by 50 percent in 2023, while consumer debt grew to 17.5 trillion dollars. A recent survey by Clever Real Estate found that three in five Americans have credit card debt and that 23 percent of Americans increase their credit card debt every month. The survey also found that 48 percent of Americans (including 59 percent of millennials) use credit cards for essential living expenses. The overreliance on credit cards and the accompanying increase in consumer debt are consequences of our fiat money system. Since Richard Nixon severed the last link between the dollar and gold in August of 1971, the dollar’s value has declined by 87 percent based on the government’s understated Consumer Price Index numbers. This means that even though Americans’ nominal wages have increased, their real wages have declined as their dollars buy less. The continuing erosion of the dollar’s value makes it impossible for many Americans to accumulate meaningful savings. Those Americans who can save may actually lose money by doing so thanks to the Federal Reserve’s inflation tax that erodes the value of savings. This is why Congress has felt it necessary to provide tax incentives to encourage saving for things like retirement, education, and health care. Congress could help protect Americans from the inflation tax by forbidding the Federal Reserve from purchasing government debt instruments such as Treasury securities. However, since this would end Congress’s ability to run up huge deficits, thus forcing it to pare back the welfare-warfare state, it is unlikely such legislation would pass.
    replies | 108 view(s)
  • WisconsinLiberty's Avatar
    03-04-2024, 11:41 AM
    Federal Reserve Responsibility for Consumer and Government Debt Crises Ron Paul March 4, 2024 According to the Federal Reserve, credit card delinquencies increased by 50 percent in 2023, while consumer debt grew to 17.5 trillion dollars. A recent survey by Clever Real Estate found that three in five Americans have credit card debt and that 23 percent of Americans increase their credit card debt every month. The survey also found that 48 percent of Americans (including 59 percent of millennials) use credit cards for essential living expenses. The overreliance on credit cards and the accompanying increase in consumer debt are consequences of our fiat money system. Since Richard Nixon severed the last link between the dollar and gold in August of 1971, the dollar’s value has declined by 87 percent based on the government’s understated Consumer Price Index numbers. This means that even though Americans’ nominal wages have increased, their real wages have declined as their dollars buy less.
    1 replies | 1130 view(s)
  • WisconsinLiberty's Avatar
    02-19-2024, 11:30 AM
    Protect the First Amendment: Impeach Joe Biden! By Ron Paul - February 19, 2024 Protecting democracy and the Constitution from Donald Trump and the “MAGA extremists” is a major theme of President Biden’s reelection campaign. As is often the case in American politics, President Biden is just as, if not more, guilty of posing an “existential threat” to the Constitution as those he smears as “extremists.” For example, President Biden and members of his administration have waged a campaign to undermine the First Amendment by “encouraging” companies to suppress the expression of “unapproved” views online. The latest example of the administration trying to get a private internet company to censor Americans may be the most outrageous of all. House Judiciary Committee Chairman Jim Jordan recently released a series of emails between Biden administration officials and Amazon, the world’s largest online retailer. The government officials wanted Amazon to remove from its online catalog books containing “misinformation” regarding the safety and effectiveness of covid vaccines, meaning anything questioning the government’s pro-vaccine propaganda. While Amazon did try to push back some against the administration, it did remove at least one “anti-vaccine” book from its online catalog. Amazon also manipulated its search results to make sure books expressing skepticism of vaccines were buried under books touting the pro-vaccine line. The company probably hoped that by “burying” these “dissident” books Amazon could make the administration happy without actually removing all books that question the covid vaccines. The company also promised the administration that it would expand use of a Centers for Disease Control (CDC) warning for books promoting “anti-vaccine” narratives. Some libertarians say that Amazon should not be criticized for its decisions. These libertarians point out that, as a private company, Amazon has the right to decide what books to sell and also has the right to decide to make it difficult to find books expressing viewpoints the company finds dangerous or distasteful. This is true but ignores one important fact: Amazon’s decision to suppress books critical of covid vaccines was not done to attract consumers who would not shop at a site that sells “anti-vaccine propaganda” or “conspiracy theories.” Instead, Amazon acted at the behest of government officials who were seeking to prohibit Americans from accessing alternative views.
    replies | 73 view(s)
  • WisconsinLiberty's Avatar
    02-19-2024, 08:49 AM
    Protect the First Amendment: Impeach Joe Biden! Ron Paul February 19, 2024 Protecting democracy and the Constitution from Donald Trump and the “MAGA extremists” is a major theme of President Biden’s reelection campaign. As is often the case in American politics, President Biden is just as, if not more, guilty of posing an “existential threat” to the Constitution as those he smears as “extremists.” For example, President Biden and members of his administration have waged a campaign to undermine the First Amendment by “encouraging” companies to suppress the expression of “unapproved” views online. The latest example of the administration trying to get a private internet company to censor Americans may be the most outrageous of all. House Judiciary Committee Chairman Jim Jordan recently released a series of emails between Biden administration officials and Amazon, the world’s largest online retailer. The government officials wanted Amazon to remove from its online catalog books containing “misinformation” regarding the safety and effectiveness of covid vaccines, meaning anything questioning the government’s pro-vaccine propaganda.
    3 replies | 940 view(s)
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